Global Indices
Global Indices 17-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,699 1,721 -21 -1.23
Nasdaq 10,910 11,050 -140 -1.27
FTSE 6,050 6,078 -29 -0.47
Nikkei 23,319 23,476 -156 -0.67
Hang Seng 24,341 24,726 -385 -1.56
Indian Indices 17-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 38,980 39,303 -323 -0.82
Nifty 50 11,516 11,605 -88 -0.76
Nifty 100 11,646 11,733 -87 -0.74
Nifty 500 9,567 9,633 -66 -0.68
Nifty Bank 22,320 22,574 -253 -1.12
S&P BSE Power 1,694 1,714 -20 -1.15
S&P BSE Small Cap 15,350 15,431 -81 -0.53
S&P BSE HC 19,715 19,624 91 0.46
Date P/E Div. Yield P/E Div. Yield
17-Sep 28.57 0.98 33.01 1.42
Month Ago 27.25 1.02 31.64 1.46
Year Ago 25.35 1.28 26.60 1.42
Nifty 50 Top 3 Gainers
Company 17-Sep Prev_Day
% Change
Dr.Reddy 4827 4628 4.31
Zee Ente. 221 216 2.43
HCL Tech 808 789 2.41
Nifty 50 Top 3 Losers Domestic News
Company 17-Sep Prev_Day
% Change
Hindalco 176 184 -4.33
Tata Motors 148 151 -2.51
Shree Cements Limited 19888 20388 -2.45
Advance Decline Ratio
BSE NSE
Advances 1125 675
Declines 1612 1190
Unchanged 159 94
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 38026
MF Flows** 17192
*17
th
Sep 2020; **15
th
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 16 Sep, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
18 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
-57.30%
(Apr-20)
3.10%
(Mar-20)
Quarter Ago
Inflow/Outflow
-9
495
6.27%
(May-20)
• Indian equity markets closed in the red tracking weak global cues. The U.S.
Federal Reserve, in its latest policy decision, kept the key interest rates on
hold as widely expected but stopped short of offering concrete signals on
further stimulus. The U.S. central bank also raised concern over the
economic recovery which triggered selling pressure.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.82% and 0.76%
to close at 38,979.85 and 11,516.10 respectively.
• The overall market breadth on BSE was weak with 1,125 scrips advancing
and 1,612 scrips declining. A total of 159 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Healthcare was the major gainer, up
0.46% followed by S&P BSE IT, up 0.23% and S&P BSE Teck, up 0.07%. S&P
BSE Realty was the major loser, down 1.87% followed by S&P BSE Metal,
down 1.27% and S&P BSE Bankex, down 1.18%.
• Securities and Exchange Board of India (SEBI) allowed emerging investment
vehicles to be listed on stock exchanges operating in the International
Financial Services Center (IFSC) with Real Estate Investment Trusts (REITs)
and Infrastructure Investment Trusts (Invits). SEBI has also asked bourses in
the IFSC to develop a detailed framework prescribing the initial and
continuous listing requirements for InvITs and REITs whose units are
proposed to be listed.
• According to a report released by the World Bank, India has been ranked at
the 116th position in the latest edition of the World Bank's annual Human
Capital Index which benchmarks key components of human capital across
countries. However, India's score increased to 0.49 from 0.44 in 2018. The
2020 Human Capital Index update provides data on health and education
for 174 nations, representing 98% of the world's population, offering a pre-
pandemic baseline on children's health and education by Mar 2020, with
the greatest progress being made in low-income countries.
• The Insurance Regulatory and Development Authority of India (Irdai) is
looking to establish a set of uniform products for different sectors in order
to significantly increase the security quotient in each segment. It is
developing a standard term product in life insurance space, and two MSME
segment offerings— one for micro-enterprises, the other for small
industries. A standard dwelling unit product will also be rolled out shortly.
• According to the Centre for Monitoring Indian Economy, around 6.6 million
white collar professional jobs, including engineers, physicians, teachers,
were lost between May 2020 and Aug 2020. Thus, their employment fell to
the lowest level since 2016 and removed the gains achieved over the last
four years while five million industrial workers were out of work during the
period.
• Larsen & Toubro announced that its construction arm has received
'significant' orders for its metallurgical and material handling business.
• According to media reports, Byju’s has acquired 3D virtual laboratory
startup LabInApp. The deal size is pegged at $500,000.
• Asian markets went down following the outcome of the U.S. Federal
Reserve’s latest policy meeting. While the U.S. central bank left interest
rates unchanged and signaled rates are likely to remain at near-zero levels
through 2023, it cautioned that the pace of economic recovery is expected
to remain slow. Today (as on Sep 18), markets are trading higher with
investors focusing on the regional tech stocks following overnight losses of
their counterparts in U.S. Both Nikkei and Hang Seng are up 0.13% and
0.17%, respectively.
• European markets closed in the red, weighed down by warnings from the
Fed and the Bank of England about the outlook for the economy. Persisting
worries about the surge in coronavirus cases, including in France, the U.K.
and the U.S, and fears about a no-deal Brexit hurt as well.
• U.S. markets went down after U.S. Fed, in its policy meeting, cautioned that
the pace of the recovery is expected to remain slow and called for fiscal
stimulus from Congress.
Markets for You
FII Derivative Trade Statistics
17-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 3324.51 3738.06 11194.62
Index Options 195762.65 195217.62 69328.11
Stock Futures 13069.54 13998.08 86732.14
Stock Options 6910.64 6944.89 8319.61
Total 219067.34 219898.65 175574.48
17-Sep Prev_Day
Change
Put Call Ratio (OI) 1.30 1.61 -0.30
Put Call Ratio(Vol) 1.01 1.01 0.00
17-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 3.43% 3.42% 3.48% 5.37%
T-Repo 3.21% 3.20% 3.20% 5.37%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.31% 3.25% 3.22% 5.25%
364 Day T-Bill 3.60% 3.39% 3.50% 5.60%
10 Year Gilt 6.02% 5.97% 5.98% 6.73%
G-Sec Vol. (Rs.Cr) 21032 16715 28816 31017
FBIL MIBOR
[1]
3.68% 3.60% 3.82% 5.45%
3 Month CP Rate 3.55% 3.45% 3.50% 5.70%
5 Year Corp Bond 6.77% 6.78% 6.69% 7.63%
1 Month CD Rate 3.34% 3.23% 3.04% 5.39%
3 Month CD Rate 3.29% 3.34% 3.28% 5.39%
1 Year CD Rate 3.89% 3.90% 3.79% 6.30%
Currency 17-Sep Prev_Day
Change
USD/INR 73.70 73.75 -0.04
GBP/INR 95.45 95.08 0.37
EURO/INR 86.76 87.37 -0.61
JPY/INR 0.70 0.70 0.00
Commodity 17-Sep
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 40.94 37.20 42.84 59.21
Brent Crude($/bl) 41.93 39.49 45.32 66.48
Gold( $/oz) 1943 1954 1986 1502
Gold(Rs./10 gm) 51495 51416 52690 37855
Source: Refinitiv
[1]
Data as on 16 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
18 September 2020
Derivative Statistics- Nifty Options
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• Nifty Sep 2020 Futures stood at 11,522.40, a premium of 6.30 points above
the spot closing of 11,516.10. The turnover on NSE’s Futures and Options
segment rose to Rs. 39,07,881.84 crore on September 17, 2020, compared
with Rs. 18,90,099.48 crore on September 16, 2020.
• The Put-Call ratio stood at 0.85 compared with the previous session’s close
of 0.91.
• The Nifty Put-Call ratio stood at 1.3 compared with the previous session’s
close of 1.61.
• Open interest on Nifty Futures stood at 13.06 million, compared with the
previous session’s close of 13.03 million.
• Bond yields rose after falling in the previous four sessions as market
participants reduced their exposure ahead of a fresh weekly auction of
government securities on Friday.
• Yield on the 10-year benchmark paper (5.77% GS 2030) rose 4 bps to 6.03%
from the previous close of 5.99% after moving in a range of 5.98% to 6.04%.
• RBI conducted the auction of open market operations (OMO) purchase and
sale of Rs. 10,000 crore each, which were completely accepted. Sale consists
of shorter end securities- 182- T Bill (22/10/2020) and 182- T Bill
(29/10/2020) and purchase consists of longer end securities- 7.37% GS 2023,
7.72% GS 2025 and 5.79% GS 2030.
• RBI announced OMO purchase of three government Securities- 6.97% GS
2026, 6.45% GS 2029 and 6.68% GS 2031 for the notified amount of Rs.
10,000 crore on Sep 24, 2020.
• The Indian rupee dropped against the U.S. dollar as the U.S. Federal
Reserve’s guidance turned out to be less dovish than anticipated by the
market. This led to risk aversion and a consequent rise in the U.S. dollar
index.
• Euro rose against the greenback after the U.S. Federal Reserve indicated to
keep interest rates near zero until at least the end of 2023.
• Gold prices fell after the U.S. Federal Reserve gave no indication of further
stimulus measures.
• Brent crude prices rose after crude inventories in U.S. fell to their lowest
since Apr at 496 million barrels in the week ended Sep 11.
• The Bank of England kept interest rates on hold in its monetary policy
review. The policymakers also unanimously decided to retain the size of the
asset purchase program at £745 billion. However, Bank of England warned
that the outlook for the U.K. economy remains “unusually uncertain.”
• The Bank of Japan kept interest rates on hold in its monetary policy review.
The interest rate was thus retained at -0.1% on current accounts that
financial institutions maintain at the central bank.
• Data from the U.S. Labor Department showed that initial jobless claims in
U.S. for the week ended Sep 12 fell by 33,000 to 860,000 from the previous
week's revised level of 893,000 (884,000 originally reported for the previous
week).
Markets for You
