Global Indices
Global Indices 18-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,682 1,699 -17 -1.01
Nasdaq 10,793 10,910 -117 -1.07
FTSE 6,007 6,050 -43 -0.71
Nikkei 23,360 23,319 41 0.18
Hang Seng 24,455 24,341 115 0.47
Indian Indices 18-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 38,846 38,980 -134 -0.34
Nifty 50 11,505 11,516 -11 -0.10
Nifty 100 11,640 11,646 -6 -0.05
Nifty 500 9,560 9,567 -7 -0.08
Nifty Bank 22,031 22,320 -289 -1.30
S&P BSE Power 1,708 1,694 14 0.82
S&P BSE Small Cap 15,300 15,350 -50 -0.32
S&P BSE HC 20,405 19,715 690 3.50
Date P/E Div. Yield P/E Div. Yield
18-Sep 28.56 0.99 32.98 1.42
Month Ago 27.75 1.00 32.03 1.45
Year Ago 25.85 1.26 26.66 1.42
Nifty 50 Top 3 Gainers
Company 18-Sep Prev_Day
% Change
Dr.Reddy 5333 4827 10.48
Cipla 806 752 7.29
Adani Ports & SEZ 358 346 3.40
Nifty 50 Top 3 Losers Domestic News
Company 18-Sep Prev_Day
% Change
HDFC Bank 1057 1084 -2.43
Kotak Bank 1277 1305 -2.15
Bajaj Finserv Limited 5888 6007 -1.97
Advance Decline Ratio
Advances 1267 798
Declines 1471 1050
Unchanged 172 114
Institutional Flows (Equity)
Description (Cr)
FII Flows* 37895
MF Flows** 16109
Sep 2020; **16
Sep 2020
Economic Indicator
YoY(%) Current Year Ago
Data as on 17 Sep, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
21 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
Quarter Ago
Indian equity markets closed in the red as worries about a resurgence in
coronavirus cases and lingering disappointment that U.S. Fed merely
affirmed its monetary support, without promising any new stimulus, kept
investors wary.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.34% and 0.76%
to close at 38,845.82 and 11,516.10 respectively.
The overall market breadth on BSE was weak with 1,267 scrips advancing
and 1,471 scrips declining. A total of 172 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Healthcare was the major gainer, up
3.5% followed by S&P BSE Telecom, up 2.69% and S&P BSE Realty, up
1.96%. S&P BSE Finance was the major loser, down 1.16% followed by S&P
BSE Bankex, down 1.13% and S&P BSE Consumer Durables, down 0.69%.
According to the Labor Ministry, retail inflation for farm workers and rural
labourers fell to 6.32% and 6.28%, respectively, in Aug 2020 compared
6.39% and 6.23% year ago period mainly due to ease in prices of some food
For 2HFY21, a major credit rating agency has revised its banking sector
outlook to 'negative' from 'stable.' In view of an anticipated increase in
stressed assets, higher credit costs, weaker earnings due to interest
reversals and lower fee income, and subdued growth prospects, the ratings
agency said this revision was done. Even for most public-sector banks (PSBs)
the capital buffers remain modest. As per the agency, the increase in
stressed assets attributable to the pandemic is projected to double the
banking system 's credit costs relative to FY21 's current pre-Covid-19
According to the Ministry of Commerce and Industry, the central
government raised the foreign direct investment (FDI) cap in defence
sector from 49% to 74% on the automatic route and over 74% on the
government route. This will boost Ease of Doing Business and contribute to
growth of investment, income and employment.
The Lok Sabha passed two bills that would allow farmers to directly market
their produce and obtain better prices. Union Minister of Agriculture &
Farmers’ Welfare introduced the Farmers' Produce Trade and Commerce
(Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and
Protection) Agreement of Price Assurance and Farm Services Bill, 2020 in
Lok Sabha. The bills will replace ordinances that were passed in June 2020.
Most of the Asian markets closed higher amid waning coronavirus concerns
and expectations that new Prime Minister's administration will ensure
political stability in Japan. Chinese markets rose on hopes of fresh
supportive measures to boost the coronavirus-ravaged economy. Today (as
on Sep 21), Asian markets were trading mixed as investors await the release
of China’s benchmark lending rate. While Nikkei is closed on holiday, Hang
Seng was trading higher 0.12% (as at 8 a.m. IST).
European markets fell amid rising worries about a surge in coronavirus
cases across Europe and several other parts of the world, and growing
uncertainty about the pace of economic recovery.
U.S. markets fell partially due to a continued sharp fall in technology stocks.
Market participants also continued to express renewed concerns about the
economic outlook following the U.S. Federal Reserve's monetary policy
announcement on Wednesday.
Markets for You
FII Derivative Trade Statistics 18-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 3643.78 4316.71 11330.26
Index Options 299683.57 297101.84 58057.66
Stock Futures 13088.67 14247.27 86655.28
Stock Options 6259.20 6187.49 8444.88
Total 322675.22 321853.31 164488.08
18-Sep Prev_Day
Put Call Ratio (OI) 1.37 1.30 0.06
Put Call Ratio(Vol) 1.02 1.01 0.00
18-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 3.41% 3.41% 3.42% 5.36%
T-Repo 3.22% 3.20% 3.20% 5.30%
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% 3.28% 3.25% 5.26%
364 Day T-Bill 3.63% 3.59% 3.48% 5.60%
10 Year Gilt 6.03% 6.00% 5.99% 6.62%
G-Sec Vol. (Rs.Cr) 37427 30587 22729 50530
3.67% 3.77% 3.79% 5.45%
3 Month CP Rate 3.55% 3.50% 3.50% 5.70%
5 Year Corp Bond 6.76% 6.75% 6.68% 7.54%
1 Month CD Rate 3.34% 3.35% 3.09% 5.35%
3 Month CD Rate 3.28% 3.44% 3.27% 5.63%
1 Year CD Rate 3.90% 3.88% 3.80% 6.41%
Currency 18-Sep Prev_Day
USD/INR 73.30 73.70 -0.41
GBP/INR 95.06 95.45 -0.38
EURO/INR 86.88 86.76 0.12
JPY/INR 0.70 0.70 0.00
Commodity 18-Sep Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 41.04 37.28 42.84 58.14
Brent Crude($/bl) 41.97 38.92 45.91 65.18
Gold( $/oz) 1950 1942 2001 1494
Gold(Rs./10 gm) 51619 51350 53752 37542
Source: Refinitiv
Data as on 17 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
21 September 2020
Derivative Statistics- Nifty Options
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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 Nippon 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 upon which such data and
information has been processed or arrive data; NAM India does not in any manner assures the accuracy or authenticity of such data and information. Some of the statements & assertions contained in these materials
may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors,
employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based upon
the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or
solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the
readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective
directors, employees, affiliates or representatives shall be liable in any way for any direct, 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 11,515.25, a premium of 10.30 points
above the spot closing of 11,504.95. The turnover on NSE’s Futures and
Options segment fell to Rs. 13,24,093.29 crore on September 18, 2020,
compared with Rs. 39,07,881.84 crore on September 17, 2020.
The Put-Call ratio stood at 0.91 compared with the previous session’s close
of 0.85.
The Nifty Put-Call ratio stood at 1.37 compared with the previous session’s
close of 1.3.
Open interest on Nifty Futures stood at 11.71 million, compared with the
previous session’s close of 13.06 million.
Bond yields fell after Reserve Bank of India (RBI) announced the auction of
second open market operations (OMO) purchase on Thursday.
Yield on the 10-year benchmark paper (5.77% GS 2030) fell 2 bps to 6.01%
from the previous close of 6.03% after moving in a range of 5.99% to 6.02%.
RBI conducted the auction of government securities-5.22% GS 2025, 6.19%
GS 2034 and 7.16% GS 2050 for the notified of Rs. 30,000 crore, which was
oversubscribed. Cut-off stood at 99.05/5.45%, 98.22/6.38% and
105.28/6.75%, respectively. Green shoe of Rs. 2000 crore has been
exercised in 6.19% GS 2034.
Data from Reserve Bank of India showed that India's foreign exchange
reserves fell to $541.66 billion as of the week ended Sep 11, against $
542.01 billion in the previous week.
The Indian rupee rose against the U.S. dollar on anticipation of a foreign
portfolio inflows. The rupee went up 0.26% to close at 73.45 per dollar from
the previous close of 73.65.
Euro rose against the U.S. dollar as risk appetite dampened due to U.S.
monetary policy, U.S. election uncertainty and the latest U.S.-China political
Gold prices rose as persisting concerns over the COVID-19 pandemic
boosted its safe haven appeal.
Brent crude prices rose after Hurricane Sally cut U.S. production and OPEC
and its allies adopted measures to address the weakness in the oil market.
The Bank of Russia kept interest rates unchanged in its monetary policy
review as expected as it decided to retain the benchmark rate to 4.25%.
The Bank of Russia has lowered interest rates by 200 bps so far this year.
Data from the statistical office Istat showed that on a monthly basis,
industrial orders in Italy grew 3.7% in Jul 2020 following a 23.7% increase in
the previous month. On a yearly basis, industrial orders fell at a slower pace
of 7.2% following a drop of 11.6% in the previous month.
Data from the Ministry of Internal Affairs and Communications showed that
overall inflation in Japan grew 0.2% on a yearly basis in Aug 2020.
Markets for You