Mutual Fund News of 15 september 2020 – Nippon India Mutual Fund

Global Indices

Global Indices 14-Sep Prev_Day Abs. Change

% Change

Russell 3000 1,722 1,693 29 1.72

Nasdaq 11,057 10,854 203 1.87

FTSE 6,026 6,032 -6 -0.10

Nikkei 23,559 23,406 153 0.65

Hang Seng 24,640 24,503 137 0.56

Indian Indices 14-Sep Prev_Day Abs. Change

% Change

S&P BSE Sensex 38,757 38,855 -98 -0.25

Nifty 50 11,440 11,464 -24 -0.21

Nifty 100 11,566 11,590 -23 -0.20

Nifty 500 9,493 9,446 47 0.50

Nifty Bank 22,101 22,480 -379 -1.68

S&P BSE Power 1,702 1,690 13 0.75

S&P BSE Small Cap 15,145 14,558 587 4.03

S&P BSE HC 18,952 18,834 119 0.63

Date P/E Div. Yield P/E Div. Yield

14-Sep 28.43 0.99 32.79 1.47

Month Ago 26.46 1.02 31.09 1.47

Year Ago 26.42 1.23 27.23 1.39

Nifty 50 Top 3 Gainers

Company 14-Sep Prev_Day

% Change

HCL Tech 795 722 10.16

TCS 2491 2374 4.94

Wipro 307 293 4.74

Nifty 50 Top 3 Losers Domestic News

Company 14-Sep Prev_Day

% Change

Bharti Airtel 474 492 -3.57

Bajaj Finance 3441 3544 -2.93

BPCL 417 429 -2.71

Advance Decline Ratio

BSE NSE

Advances 1832 1320

Declines 926 561

Unchanged 178 108

Institutional Flows (Equity)

Description (Cr)

YTD

FII Flows* 35076

MF Flows** 18619

*14

Sep 2020; **11

Sep 2020

Economic Indicator

YoY(%) Current Year Ago

CPI

6.69%

(Aug-20)

3.28%

(Aug-19)

IIP

-10.39%

(Jul-20)

4.90%

(Jul-19)

GDP

-23.90%

(Jun-20)

5.20%

(Jun-19)

[1]

Data as on 11 Sep, 2020

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

15 September 2020

Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI from

2010 to 2012

Indian Equity Market

Indices Performance

P/E Dividend Yield

Sensex Nifty

-57.60%

(Apr-20)

3.10%

(Mar-20)

Quarter Ago

Inflow/Outflow

-18

2458

6.27%

(May-20)

• Indian equity markets gave up its initial gains to close in the red. Strong

buying was witnessed in mid and small cap stocks following SEBI mandate

for multi cap funds to invest at least 25% each in small-cap and midcaps

besides large-cap stocks. However, markets retreated in the second half of

the session, tracking weak cues from the European markets which fell soon

after commencing the session ahead of the upcoming monetary policy

meeting of the Federal Reserve.

• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.25% and 0.21%

to close at 38,756.63 and 11,440.05 respectively.

• The overall market breadth on BSE was strong with 1,832 scrips advancing

and 926 scrips declining. A total of 178 scrips remained unchanged.

• On the BSE sectoral front, S&P BSE IT was the major gainer, up 4.76%

followed by S&P BSE Realty, up 3.85% and S&P BSE Teck, up 3.57%. S&P

BSE Telecom was the major loser, down 2.09% followed by S&P BSE

Bankex, down 1.56% and S&P BSE Finance, down 1.31%.

• Government data showed that the consumer price index-based inflation

rose to 6.69% in Aug 2020 from 6.73% in the previous month. The

Consumer Food Price Index also rose to 9.05% in Aug 2020 from 9.27% in

the previous month. Under the segment of food and beverages, meat and

fish witnessed a maximum inflation of 16.50% in Aug 2020 followed by

pulses and products, oils and fats, spices and vegetables for which retail

inflation stood at 14.44%, 12.45%, 12.34% and 11.41% respectively. Retail

inflation for personal care and effects also remained elevated as it stood at

14.45% in Jul 2020.

• Government data showed that the wholesale price index (WPI) based

inflation rose 0.16% in Aug 2020 as compared to a contraction of 0.58% in

the previous month and a growth of 1.17% in the same month of the

previous year. WPI turned positive in Aug 2020 for the first time since Mar

2020 reflecting a recovery in producers’ pricing power. WPI Food Index

however grew 3.84% in Aug 2020 from 4.08% in the previous month and

7.80% in Aug 2019. Under Food articles, WPI based inflation was maximum

for potatoes which stood at 82.93% followed by pulses for which inflation

stood at 9.86%.

• According to a major global rating agency, India’s gross domestic product

(GDP) is expected to contract by 9% in FY21, more than its previous

estimate of a 5% contraction, as the country lurches under the effects of

the COVID-19 pandemic.

• The government has sought Parliament 's approval to infuse Rs 20,000

crore in public sector banks in FY 21 to meet regulatory requirements. This

is part of the first batch of 2020-21 Supplementary Grants Demands moved

in the Lok Sabha by Finance Minister. In total, the government has sought

Parliament’s approval for additional expenditure of Rs 2.35 lakh crore,

which includes a cash outgoing of Rs 1.66 lakh crore, mainly to meet

expenditure to battle the COVID-19 pandemic.

• Asian markets closed in the green amid renewed optimism over coronavirus

vaccines after the U.K. based drug maker said that the late-stage clinical

trial of its coronavirus vaccine has resumed in the U.K. The trial was

suspended last week due to safety reason. Today (as on Sep 15) markets

are trading mixed as investors await the release of a slew of Chinese

economic data expected later in the day. While Nikkei is down 0.79%, Hang

Seng is up 0.22% (as at 8:00 AM IST).

• European markets witnessed mixed trend as the positive vibes generated

from news of resumption of the COVID-19 vaccine trial was neutralised by

cautious stance ahead of the Brexit vote on controversial Internal Market

Bill.

• U.S. markets closed higher as investors took positive cues from reports of

resumption of late stage clinical trial of the coronavirus vaccine by the U.K.

based multinational bio-pharma company.

Markets for You

FII Derivative Trade Statistics

14-Sep

(Rs Cr) Buy

Sell Open Int.

Index Futures 3601.71 4069.12 9608.25

Index Options 138566.48 138215.09 63364.62

Stock Futures 12171.11 12408.96 85339.65

Stock Options 6487.55 6468.53 7228.03

Total 160826.85 161161.70 165540.55

14-Sep Prev_Day

Change

Put Call Ratio (OI) 1.36 1.49 -0.13

Put Call Ratio(Vol) 1.01 0.97 0.03

14-Sep Wk. Ago Mth. Ago

Year Ago

Call Rate 3.43% 3.42% 3.45% 5.29%

T-Repo 3.20% 3.12% 3.18% 5.28%

Repo 4.00% 4.00% 4.00% 5.40%

Reverse Repo 3.35% 3.35% 3.35% 5.15%

91 Day T-Bill 3.30% 3.20% 3.07% 5.30%

364 Day T-Bill 3.60% 3.57% 3.34% 5.62%

10 Year Gilt 6.02% 5.96% 5.97% 6.64%

G-Sec Vol. (Rs.Cr) 30580 30705 51709 54062

FBIL MIBOR

[1]

3.77% 3.77% 3.80% 5.43%

3 Month CP Rate 3.55% 3.45% 3.60% 5.65%

5 Year Corp Bond 6.73% 6.67% 6.67% 7.51%

1 Month CD Rate 3.33% 3.16% 3.10% 5.36%

3 Month CD Rate 3.32% 3.33% 3.29% 5.38%

1 Year CD Rate 3.87% 3.81% 3.81% 6.23%

Currency 14-Sep Prev_Day

Change

USD/INR 73.38 73.47 -0.09

GBP/INR 94.08 94.17 -0.10

EURO/INR 86.93 86.97 -0.03

JPY/INR 0.69 0.69 0.00

Commodity 14-Sep

Wk Ago Mth. Ago

Year Ago

NYMEX Crude($/bl) 37.18 39.04 42.00 54.71

Brent Crude($/bl) 38.41 40.04 45.56 62.14

Gold( $/oz) 1956 1929 1944 1488

Gold(Rs./10 gm) 51260 51008 52688 37592

Source: Refinitiv

[1]

Data as on 11 Sep, 2020

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

Readers are requested to click here for ICRA Analytics Ltd disclaimer

15 September 2020

Derivative Statistics- Nifty Options

Disclaimer:

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The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third

party

sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since

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Life India Asset Management Limited (NAM India) has not independently verified the accuracy or authenticity of such information or data, or for that matter the reasonableness of the assumptions

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indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.

• Nifty Sep 2020 Futures stood at 11,451.95, a premium of 11.90 points

above the spot closing of 11,440.05. The turnover on NSE’s Futures and

Options segment rose to Rs. 15,55,698.37 crore on September 14, 2020,

compared with Rs. 11,21,888.55 crore on September 11, 2020.

• The Put-Call ratio stood at 1.00 compared with the previous session’s close

of 0.93.

• The Nifty Put-Call ratio stood at 1.36 compared with the previous session’s

close of 1.49.

• Open interest on Nifty Futures stood at 12.1 million, compared with the

previous session’s close of 11.56 million.

• Bond yields eased ahead of consumer inflation data scheduled after the

market closure. Market participants awaited details of special open market

operations (OMO) to be held on Sep 17.

• Yield on the 10-year benchmark paper (5.77% GS 2030) eased 1 bps to close

at 6.03% compared to the previous days close of 6.04% after moving in a

range of 6.02% to 6.07%.

• RBI announced special purchase and sale of government securities under

OMOs for an aggregate amount of Rs. 20,000 crores in two tranches of Rs.

10,000 crores each on Sep 10 and Sep 17, 2020, respectively.

• The Indian rupee marginally rose against the U.S. dollar on positive Asian

cues but likely intervention by the Reserve Bank of India (RBI) through

greenback purchases by state-run banks erased most of the gains. The

rupee closed at 73.48 per dollar, up 0.08% from the previous close of 73.54.

• Euro rose against the U.S. dollar on rise in equity market on positive news

about a COVID-19 vaccine.

• Gold prices rose as market participants awaited the outcome of monetary

policy review by U.S. Federal Reserve, Bank of Japan and Bank of England

later in the week.

• Brent crude prices fell on concerns over a slowdown in global growth.

• Data from Eurostat showed that industrial production in euro zone rose

4.1% on a monthly basis in Jul 2020 compared to a growth of 9.5% (revised

from 9.1%) in Jun 2020. However, on a yearly basis industrial production in

euro zone fell 7.7% in Jul 2020 as compared to a fall of 12% in Jun 2020.

• Data from the Ministry of Economy, Trade and Industry showed that

industrial production in Japan rose 8.7% on a monthly basis in Jul 2020.

• Data from the Census and Statistics Department showed that industrial

production in Hong Kong fell 5.1% on a yearly basis in the second quarter of

2020 following a decline of 4.6% in the previous quarter.

Markets for You