Global Indices
Global Indices 24-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,666 1,661 5 0.29
Nasdaq 10,672 10,633 39 0.37
FTSE 5,823 5,899 -76 -1.30
Nikkei 23,088 23,346 -259 -1.11
Hang Seng 23,311 23,743 -431 -1.82
Indian Indices 24-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 36,554 37,668 -1,115 -2.96
Nifty 50 10,806 11,132 -326 -2.93
Nifty 100 10,922 11,242 -319 -2.84
Nifty 500 8,945 9,194 -250 -2.71
Nifty Bank 20,457 21,179 -722 -3.41
S&P BSE Power 1,580 1,610 -31 -1.90
S&P BSE Small Cap 14,168 14,500 -331 -2.28
S&P BSE HC 18,958 19,380 -422 -2.18
Date P/E Div. Yield P/E Div. Yield
24-Sep 26.61 1.07 30.97 1.51
Month Ago 28.40 0.98 32.41 1.46
Year Ago 27.44 1.18 28.49 1.32
Nifty 50 Top 3 Gainers
Company 24-Sep Prev_Day
% Change
Bharti Infratel 169 167 1.29
HUL 2061 2053 0.41
NA NA NA NA
Nifty 50 Top 3 Losers Domestic News
Company 24-Sep Prev_Day
% Change
IndusInd Bank 490 528 -7.16
Bajaj Finance 3029 3244 -6.63
Tata Motors 123 131 -6.54
Advance Decline Ratio
BSE NSE
Advances 583 303
Declines 2064 1574
Unchanged 165 86
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 33779
MF Flows** 16109
*24
th
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 23 Sep, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 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
-3882
6.27%
(May-20)
Indian equity markets slumped amid expiry of the F&O contracts for
September series, dragged by weak global cues. A series of alerts from the
U.S. Federal Reserve officials about the fallout from the coronavirus
pandemic kept investors wary.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 2.96% and 2.93%
to close at 36,553.60 and 10,805.55 respectively.
The overall market breadth on BSE was weak with 583 scrips advancing and
2,064 scrips declining. A total of 165 scrips remained unchanged.
On the BSE sectoral front, all sectors lost. S&P BSE IT was the major loser,
down 4.45%, followed by S&P BSE Teck and S&P BSE Auto, down 4.25% and
3.56%, respectively. S&P BSE Metal and S&P BSE Bankex lost 3.51% and
3.41% respectively.
The Ministry of Finance gave approval to five states to borrow an additional
amount of Rs. 9,913 crore through open market borrowings (OMBs). These
states are namely Andhra Pradesh, Telangana, Goa, Karnataka and Tripura.
The approval came after these states successfully met the reform condition
of implementation of One Nation One Ration Card System. Karnataka will
be able to borrow Rs. 4,509 crore followed by Andhra Pradesh, Telengana,
Goa and Tripura who will borrow Rs. 2,525 crore, Rs. 2,508 crore, Rs. 223
crore and Rs. 148 crore respectively.
Data from the Ministry of Petroleum & Natural Gas showed that crude oil
production during Aug 2020 stood at 2,577.49 TMT (Thousand Metric
Tonnes). This was 6.72% lower than target for the period and 6.27% lower
when compared with the same period of the previous year.
The Reserve Bank of India announced a five-pillared strategic approach
GUARD to improve the cyber security of Urban Co-operative banking sector.
This comprises Governance Oversight (G), Utile Technology Investment (U),
Appropriate Regulation and Supervision (A), Robust Collaboration (R) and
Developing necessary IT, cyber security skills set (D).
The Ministry of Road Transport and Highways notified standards for safety
evaluation of hydrogen fuel cell-based vehicles. The objective of the move
is to promote hydrogen fuel cell-based vehicles in the country that are
environmentally friendly and energy efficient.
Facebook said it has partnered with Matrix Partners to scale up small
businesses in India by providing them with digital skills. The tie-up is part of
the VC Brand Incubator Program of Facebook that partners with venture
capital funds to support small and medium enterprises (SMBs) in the early
stages to optimise their digital potential.
U.S. motorcycle manufacturer Harley-Davidson reported that it plans to
record additional restructuring costs of $75 million for 2020 related to
steps like the discontinuation of its Indian sales and manufacturing
operations.
Asian markets closed in the red as Europe faced the second wave of
coronavirus infections and U.S. Federal Reserve officials making a series of
warnings about the fallout from the coronavirus pandemic. Today (as on
Sep 25), Asian markets were higher following rise on the Wall Street
overnight. Both Nikkei and Hang Seng were trading lower 0.76% and 0.43%
(as at 8 a.m. IST), respectively.
European markets fell on worries about a second wave of coronavirus
across the region and growing uncertainty about the pace of economic
recovery. Uncertainties surrounding the U.S. presidential elections and the
U.S. stimulus package further weighed on sentiment.
U.S. markets rose after a volatile session following the release of a mixed
batch of U.S. economic data, which added to recent uncertainty about the
economic outlook.
Markets for You
FII Derivative Trade Statistics 24-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 6087.51 6674.92 11300.15
Index Options 290392.55 288433.72 74853.98
Stock Futures 29844.78 28522.74 78807.47
Stock Options 5450.95 5359.27 5133.51
Total 331775.79 328990.65 170095.11
24-Sep Prev_Day
Change
Put Call Ratio (OI) 0.78 1.03 -0.25
Put Call Ratio(Vol) 0.90 0.90 0.00
24-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 3.43% 3.43% 3.43% 5.32%
T-Repo 3.23% 3.21% 3.08% 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 3.35% 3.31% 3.12% 5.40%
364 Day T-Bill 3.69% 3.60% 3.45% 5.53%
10 Year Gilt 5.99% 6.02% 6.18% 6.78%
G-Sec Vol. (Rs.Cr) 19203 21032 31638 35197
FBIL MIBOR
[1]
3.69% 3.67% 3.75% 5.45%
3 Month CP Rate 3.60% 3.55% 3.40% 5.90%
5 Year Corp Bond 6.63% 6.77% 6.87% 7.55%
1 Month CD Rate 3.38% 3.34% 3.16% 5.54%
3 Month CD Rate 3.46% 3.29% 3.25% 5.71%
1 Year CD Rate 3.97% 3.89% 3.75% 6.50%
Currency 24-Sep Prev_Day
Change
USD/INR 73.92 73.63 0.30
GBP/INR 93.87 93.43 0.44
EURO/INR 86.14 85.99 0.15
JPY/INR 0.70 0.70 0.00
Commodity 24-Sep Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 40.06 40.94 42.39 57.17
Brent Crude($/bl) 40.95 41.93 44.92 65.02
Gold( $/oz) 1868 1943 1932 1532
Gold(Rs./10 gm) 49638 51495 52024 37771
Source: Refinitiv
[1]
Data as on 23 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
25 September 2020
Derivative Statistics- Nifty Options
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Nifty Sep 2020 Futures settled at spot closing of 10,805.55. Nifty Oct 2020
Futures stood at 10,856.20, a premium of 50.65 points, above the spot
closing. The turnover on NSE’s Futures and Options segment rose to Rs.
43,02,566.44 crore on September 24, 2020, compared with Rs. 25,61,103.02
crore on September 23, 2020.
The Put-Call ratio stood at 0.83 compared with the previous session’s close
of 0.92.
The Nifty Put-Call ratio stood at 0.78 compared with the previous session’s
close of 1.03.
Open interest on Nifty Futures stood at 11.89 million, compared with the
previous session’s close of 10.93 million.
Bond yields were almost unchanged on concerns of additional borrowing
and uncertainty over the Reserve Bank of India’s (RBI) open market purchase
of securities.
Yield on the 10-year benchmark paper (5.77% GS 2030) remained
unchanged at 5.99% from the previous close.
RBI conducted the auction of Open Market Operations (OMO) purchase of
three government securities for an aggregate amount of Rs. 10,000 crore
but none was accepted despite Rs. 66,473 crore were offered by
participants.
RBI announced to conduct the auction of State Government Securities of 18
states for an aggregate amount of Rs. 24,432 crore.
The Indian rupee in the spot trade weakened against the greenback
following losses in the domestic equity market amid concerns over COVID-
19 pandemic and worries of a slowdown in global growth.
The euro was almost steady against the greenback as worries over rising
coronavirus infection cases in Europe fuelled concerns of a slowdown in
global growth which kept market sentiments subdued.
Gold prices rose as persisting concerns over the COVID-19 pandemic and
worries of a slowdown in global growth improved the safe haven appeal of
the yellow metal.
Brent crude prices fell due to persisting concerns over COVID-19 pandemic.
New home sales in the U.S. surprisingly rose strongly by 4.8% to an annual
rate of 1.011 million in Aug 2020, slower than 14.7% surge to an upwardly
revised rate of 965,000 (901,000 originally reported) in Jul 2020.
Survey results from the ifo Institute showed, Germany’s business confidence
index went up to 93.4 in Sep 2020 from 92.5 in Aug 2020. The index rose to
its highest level since Feb 2020.
The Labor Department report showed initial jobless weekly claims in the U.S.
rose 4,000 to 870,000 in the week ended Sep 19 from the previous week's
revised level of 866,000 (860,000 originally reported).
France’s manufacturing confidence index improved to 96 in Sep 2020 from
93 in Aug 2020. The index rose to its highest level in six months.
Markets for You