Global Indices
Global Indices 23-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,661 1,708 -47 -2.74
Nasdaq 10,633 10,964 -331 -3.02
FTSE 5,899 5,829 70 1.20
Nikkei 23,346 23,360 -14 -0.06
Hang Seng 23,743 23,717 26 0.11
Indian Indices 23-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 37,668 37,734 -66 -0.17
Nifty 50 11,132 11,154 -22 -0.20
Nifty 100 11,242 11,265 -23 -0.20
Nifty 500 9,194 9,214 -20 -0.21
Nifty Bank 21,179 21,139 39 0.19
S&P BSE Power 1,610 1,645 -35 -2.13
S&P BSE Small Cap 14,500 14,509 -10 -0.07
S&P BSE HC 19,380 19,615 -235 -1.20
Date P/E Div. Yield P/E Div. Yield
23-Sep 27.58 1.03 31.91 1.47
Month Ago 27.74 1.00 32.08 1.47
Year Ago 27.42 1.18 28.52 1.32
Nifty 50 Top 3 Gainers
Company 23-Sep Prev_Day
% Change
Axis Bank 420 412 1.88
GAIL 86 84 1.84
HUL 2053 2027 1.27
Nifty 50 Top 3 Losers Domestic News
Company 23-Sep Prev_Day
% Change
Bharti Airtel 434 471 -7.89
Bharti Infratel 167 180 -7.46
Tata Steel 361 374 -3.43
Advance Decline Ratio
BSE NSE
Advances 1181 830
Declines 1451 1048
Unchanged 164 95
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 37661
MF Flows** 16109
*23
rd
Sep 2020; **16
th
Sep 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.69%
(Aug-20)
3.28%
(Aug-19)
IIP
-10.40%
(Jul-20)
4.90%
(Jul-19)
GDP
-23.90%
(Jun-20)
5.20%
(Jun-19)
[1]
Data as on 22 Sep, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 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
-393
-1775
6.27%
(May-20)
• Indian equity markets closed in the red amid cautious stance ahead of
expiry of September derivative contracts, scheduled on Sep 24. Persisting
worries over COVID-19 pandemic weighed on market sentiments.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.17% and 0.2% to
close at 37,668.42 and 11,131.85 respectively.
• The overall market breadth on BSE was weak with 1,181 scrips advancing
and 1,451 scrips declining. A total of 164 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Consumer Durables was the major
gainer, up 0.77% followed by S&P BSE Realty, up 0.56% and S&P BSE
Energy, up 0.49%. S&P BSE Telecom was the major loser, down 7.36%
followed by S&P BSE Power, down 2.13% and S&P BSE Utilities, down
1.39%.
• The Rajya Sabha passed three labour codes namely, Industrial Relations
Code, 2020, Code on Occupational Safety, Health & Working Conditions
Code, 2020 & Social Security Code, 2020. The labour reforms are expected
to improve the welfare of the workers in the country.
• Capital market regulator Securities and Exchange Board of India has
decided to give time till Jan 1, 2021 to trustees of asset management
companies (AMCs) for appointing a dedicated officer who will monitor
various activities of AMCs. The trustees were earlier required to appoint a
dedicated officer by Oct 1, 2020 to assist the AMCs in their work.
• Capital market regulator SEBI rationalised the disclosure requirements and
eligibility criteria for rights issue. The objective of the move is to make
fundraising faster, easier and cost effective. The threshold limit for filing
requirement of rights issue draft letter of offer with the board for its
observations has been increased from Rs. 10 crore to Rs. 50 crore. SEBI
further added that mandatory 90% minimum subscription criteria for rights
issue shall not be applicable where the objective of the issue is financing
other than capital expenditure for a project. However, this will be
applicable provided that the promoters undertake to subscribe fully to
their portion of rights entitlement.
• Bombay Stock Exchange will introduce auto cancellation of trade related
software feature for prevention of trade reversals in stocks. This feature
will be available on its trading platform from Sep 28.
• Reliance Industries Limited announced that KKR would invest Rs. 5,500
crore for a 1.28% equity stake in Reliance Retail. This represents KKR 's
second investment in a Reliance subsidiary, following an announcement
earlier this year of a Rs. 11,367 crore investment in Jio Platforms.
• Manali Petrochemicals has been approved by the Board to increase the
ability of Propylene Glycol (PG) by adding 48,000 TPA from the current
22,000 TPA (tonnes per annum) to 70,000 TPA, at an approximate cost of
around Rs. 150 crore.
• Asian markets witnessed a mixed trend as worries over rising coronavirus
infections in Europe and a delay in U.S. fiscal stimulus was set-off to some
extent after U.S. Fed Chief reiterated that the central bank is committed to
helping the economy. Today (as on Sep 24), Asian markets were lower
following decline on the Wall Street overnight. Both Nikkei and Hang Seng
were trading lower 0.72% and 1.15% (as at 8 a.m. IST), respectively.
• European markets rose on expectations that the central banks will
announce additional stimulus sooner than later to boost economic
recovery. Investors reacted positively to Federal Reserve Chairman Jerome
Powell's comments.
• U.S. markets fell on weakness among technology stocks. Concerns about
surging coronavirus cases in certain parts of the world may also have
weighed on the markets.
Markets for You
FII Derivative Trade Statistics 23-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 7509.03 8204.95 11415.65
Index Options 272989.47 272198.29 67319.86
Stock Futures 40792.88 39952.85 80631.61
Stock Options 7369.81 7270.45 5945.51
Total 328661.19 327626.54 165312.63
23-Sep Prev_Day
Change
Put Call Ratio (OI) 1.03 1.04 -0.01
Put Call Ratio(Vol) 0.90 0.91 -0.02
23-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 3.42% 3.43% 3.43% 5.36%
T-Repo 3.23% 3.22% 3.01% 5.33%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.36% 3.33% 3.20% 5.37%
364 Day T-Bill 3.70% 3.62% 3.51% 5.55%
10 Year Gilt 6.01% 5.94% 6.14% 6.75%
G-Sec Vol. (Rs.Cr)
[1]
13206 32219 47140 50815
FBIL MIBOR
[1]
3.80% 3.68% 3.77% 5.45%
3 Month CP Rate 3.60% 3.55% 3.40% 5.75%
5 Year Corp Bond 6.61% 6.70% 6.85% 7.55%
1 Month CD Rate 3.41% 3.29% 3.11% 5.46%
3 Month CD Rate 3.45% 3.29% 3.21% 5.48%
1 Year CD Rate 3.97% 3.95% 3.80% 6.39%
Currency 23-Sep Prev_Day
Change
USD/INR 73.63 73.50 0.13
GBP/INR 93.43 93.98 -0.55
EURO/INR 85.99 86.30 -0.31
JPY/INR 0.70 0.70 0.00
Commodity 23-Sep Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 39.87 40.12 42.27 58.64
Brent Crude($/bl) 41.28 40.47 44.13 65.55
Gold( $/oz) 1864 1959 1939 1522
Gold(Rs./10 gm) 50251 51797 51840 37743
Source: Refinitiv
[1]
Data as on 22 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
24 September 2020
Derivative Statistics- Nifty Options
Disclaimer:
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information contained in this material.
• Nifty Sep 2020 Futures stood at 11,147.65, a premium of 15.80 points
above the spot closing of 11,131.85. The turnover on NSE’s Futures and
Options segment rose to Rs. 25,61,103.02 crore on September 23, 2020,
compared with Rs. 21,88,928.38 crore on September 22, 2020.
• The Put-Call ratio stood at 0.92 compared with the previous session’s close
of 0.99.
• The Nifty Put-Call ratio stood at 1.03 compared with the previous session’s
close of 1.04.
• Open interest on Nifty Futures stood at 10.93 million, compared with the
previous session’s close of 10.81 million.
• Bond yields fell ahead of the Reserve Bank of India’s (RBI) open market
purchase of government securities on Thursday. Market participants also
await borrowing calendar for second half of FY21 to be announced by
month end.
• Yield on the 10-year benchmark paper (5.77% GS 2030) fell 2 bps to 5.99%
from the previous close of 6.01% after moving in a range of 5.99% to 6.01%.
• RBI conducted the auction of 91 days, 182 days and 364 days Treasury bills
for the notified amount of Rs. 12,000 crore, Rs. 13,000 crore and Rs. 10,000
crore on which the cut off Rs. 99.1698 (YTM: 3.3578%), Rs. 98.2472 (YTM:
3.5779%) and Rs. 96.4125 (YTM: 3.7312%).
• The Indian rupee in the spot trade inched up against the greenback on
expectations of more foreign fund inflows in the coming trading sessions.
However, losses in the domestic equity market neutralized most of the
gains.
• The euro weakened against the greenback as concerns over rising
coronavirus infection cases in Europe fuelled concerns of a slowdown in
global growth.
• Gold prices fell due to strengthening of the greenback.
• Brent crude prices rose after data from the Energy Information
Administration showed that crude oil inventories in U.S. decreased by 1.6
million barrels in the week ended Sep 18, 2020.
• According to a report released by the National Association of Realtors, U.S.
existing home sales rose 2.4% to an annual rate of 6.000 million in Aug 2020
compared with a surge of 24.7% to a rate of 5.860 million in Jul 2020.
Existing home sales rose to their highest level in nearly 14 years.
• Flash survey data from IHS Markit showed, U.K. composite output index
dropped to 55.7 in Sep 2020 from 59.1 in Aug 2020 due to the persistent
disruptions to business operations caused by the coronavirus pandemic.
• Data from the Ministry of Economy, Trade and Industry showed, Japan’s all
industry activity index increased 1.3% MoM in Jul 2020, slower than 6.8%
fall in Jun 2020. Among components, construction activity improved 0.5% in
Jul 2020, lower than 1.8% decline in Jun 2020.
Markets for You
