Global Indices
Global Indices 28-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,730 1,702 27 1.61
Nasdaq 11,118 10,914 204 1.87
FTSE 5,928 5,843 85 1.46
Nikkei 23,512 23,205 307 1.32
Hang Seng 23,476 23,235 241 1.04
Indian Indices 28-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 37,982 37,389 593 1.59
Nifty 50 11,228 11,050 177 1.60
Nifty 100 11,365 11,176 189 1.69
Nifty 500 9,330 9,156 174 1.90
Nifty Bank 21,666 20,982 683 3.26
S&P BSE Power 1,667 1,613 55 3.40
S&P BSE Small Cap 14,863 14,496 368 2.54
S&P BSE HC 19,837 19,406 430 2.22
Date P/E Div. Yield P/E Div. Yield
28-Sep 27.78 1.02 32.63 1.41
Month Ago 28.98 0.96 32.92 1.43
Year Ago 27.25 1.19 26.52 1.30
Nifty 50 Top 3 Gainers
Company 28-Sep Prev_Day
% Change
IndusInd Bank 555 515 7.82
Bajaj Finance 3335 3139 6.25
Axis Bank 439 415 5.83
Nifty 50 Top 3 Losers Domestic News
Company 28-Sep Prev_Day
% Change
HUL 2063 2079 -0.76
Wipro 312 314 -0.75
Nestle India Limited 15720 15737 -0.11
Advance Decline Ratio
BSE NSE
Advances 1933 1447
Declines 748 459
Unchanged 167 93
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 28888
MF Flows** 16181
*28
th
Sep 2020; **24
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 25 Sep, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 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
-1633
-3225
6.27%
(May-20)
• Indian equity markets rose tracking positive global cues. Investors took
positive cues after data showed that China’s economic recovery was gaining
momentum. Traders are also banking on further stimulus and other
measures by the government to boost the economy.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.59% and 1.6%
to close at 37,981.63 and 11,227.55 respectively.
• The overall market breadth on BSE was strong with 1,933 scrips advancing
and 748 scrips declining. A total of 167 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Power was the major
gainer, up 3.4%, followed by S&P BSE Bankex and S&P BSE Auto, up 3.38%
and 3%, respectively. S&P BSE Realty and S&P BSE Utilities gained 2.98%
and 2.85% respectively.
• The Reserve Bank of India (RBI) has announced that it has postponed its
monetary policy committee meeting which was scheduled on Sep 29, 30
and Oct 1. The revised dates will be notified later.
• As per media reports, the Ministry of Road Transport and Highways has
approved the use of hydrogen-enriched compressed natural gas (H-CNG,
which is an 18% hydrogen mixture) in CNG engines in a move aimed at
wider acceptance of alternative renewable fuels for transport.
• India's combined fiscal deficit was pegged by a domestic rating agency at
13%-13.4% of gross domestic product (GDP) for FY21 even as no further
fiscal stimulus was presumed. According to the agency, although the deficit
of the Centre is projected to hit Rs. 17.8 lakh crore against the Rs. 8 lakh
crore goal, the states are likely to report a deficit of Rs. 7.73 lakh crore over
the Rs. 6.35 lakh crore budgeted.
• The Union Government defended its decision to ease the retrenchment
requirements for companies in the labour codes approved by Parliament,
stating that it was unnecessary to have current clauses in the law requiring
government authorisation. In addition, the government defended its
decision to implement fixed-term jobs, maintaining that the existing
method of employing employees through contractors is exploitative.
• TAJGVK Hotels and Resorts said that, due to the Covid-19 pandemic, a
major domestic credit rating agency has downgraded the credit scores of
its long-term loans and short-term credit facilities due to revenue and
margin declines in FY21.
• Paytm announced that Paytm Money, its wholly owned subsidiary, has
opened up access to stockbroking for everyone in the world. With an
emphasis on first-time users from small towns and suburbs, the company is
targeting a million investors.
• Asian markets advanced with investors taking positive cues from upbeat
industrial profit data of China for Aug, which pointed towards continued
recovery in the world's second-largest economy. Today (as on Sep 29),
markets are trading mixed as investors are awaiting the Hong Kong debut
of logistics firm. While, Nikkei is down 0.49%, Hang Seng is up 0.46% (as at
8:00 AM IST).
• European markets went up as notable increase in China's industrial profits
in Aug, and optimism about a potential new coronavirus relief package in
the U.S. buoyed market sentiments.
• U.S. markets closed in the green, benefitted from optimism about a new
coronavirus bill after House Speaker said a new package is still possible.
Markets for You
FII Derivative Trade Statistics
28-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 5746.00 4461.48 6421.42
Index Options 156351.13 156047.66 56278.06
Stock Futures 15848.64 14310.62 74344.67
Stock Options 4826.18 4801.06 3123.75
Total 182771.95 179620.82 140167.90
28-Sep Prev_Day
Change
Put Call Ratio (OI) 1.37 1.31 0.07
Put Call Ratio(Vol) 0.89 0.87 0.02
28-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 3.42% 3.43% 3.43% 5.24%
T-Repo 3.24% 3.75% 3.02% 5.18%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.33% 3.35% 3.27% 5.30%
364 Day T-Bill 3.35% 3.67% 3.58% 5.52%
10 Year Gilt 6.07% 6.04% 6.10% 6.74%
G-Sec Vol. (Rs.Cr) 20174 21874 41748 44214
FBIL MIBOR
[1]
3.71% 3.71% 3.74% 5.45%
3 Month CP Rate 3.60% 3.60% 3.45% 5.95%
5 Year Corp Bond 6.80% 6.74% 6.93% 7.52%
1 Month CD Rate 3.36% 3.30% 3.17% 5.55%
3 Month CD Rate 3.54% 3.44% 3.35% 5.79%
1 Year CD Rate 4.00% 3.90% 3.86% 6.45%
Currency 28-Sep Prev_Day
Change
USD/INR 73.57 73.73 -0.16
GBP/INR 93.95 94.06 -0.11
EURO/INR 85.58 86.04 -0.46
JPY/INR 0.70 0.70 0.00
Commodity 28-Sep
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 40.42 39.21 42.91 55.90
Brent Crude($/bl) 41.38 39.72 45.84 63.37
Gold( $/oz) 1881 1913 1964 1497
Gold(Rs./10 gm) 49550 51258 50981 37481
Source: Refinitiv
[1]
Data as on 25 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
29 September 2020
Derivative Statistics- Nifty Options
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• Nifty Oct 2020 Futures stood at 11,238.00, a premium of 10.45 points
above the spot closing of 11,227.55. The turnover on NSE’s Futures and
Options segment rose to Rs. 13,80,291.13 crore on September 28, 2020,
compared with Rs. 12,85,399.44 crore on September 25, 2020.
• The Put-Call ratio remained unchanged compared with the previous
session’s close of 0.83.
• The Nifty Put-Call ratio stood at 1.37 compared with the previous session’s
close of 1.31.
• Open interest on Nifty Futures stood at 9.15 million, compared with the
previous session’s close of 8.33 million.
• Bond yields rose as market participants preferred to remain on the sidelines
following devolvement on primary dealers at the weekly debt auction on
Sep 25, 2020. Market participants also awaited the borrowing calendar for
the second half of this fiscal due this week.
• Yield on the 10-year benchmark paper (5.77% GS 2030) rose 2 bps to close
at 6.06% from the previous close of 6.04% after trading in a range of 6.04%
to 6.08%.
• Banks borrowed Rs. 50 crore under the central bank’s marginal standing
facility on Sep 25, 2020 compared with nil borrowing on Sep 24, 2020.
• The Indian rupee in the spot trade weakened against the greenback
following dollar buying by state run banks. However, gains in the domestic
equity market restricted further losses. The rupee closed at 73.78 per U.S.
dollar, down 0.22% compared to the previous closing of 73.61 per U.S.
dollar.
• The euro rose against the greenback as market participants resorted to
bargain hunting.
• Gold prices rose as its safe haven appeal improved amid uncertainty over
the upcoming U.S. Presidential elections.
• Brent crude prices rose on hopes for another U.S. stimulus package.
• Data from the Central Statistics Office showed that retail sales of Ireland
grew a seasonally adjusted 1.3% on a monthly basis in Aug 2020 following a
4.3% rise in the previous month.
• Survey data from IHS Markit showed that Austria's manufacturing sector
expanded at a faster pace in Sep 2020. The headline UniCredit Bank Austria
manufacturing Purchasing Managers' Index rose to 51.7 in Sep 2020 from
51.0 in Aug 2020.
• Data from the Statistical Office of the Republic of Slovenia showed that
Slovenia's retail sales declined in Aug 2020. The retail trade turnover fell
1.6% on a monthly basis in Aug 2020. On a yearly basis, the retail trade
turnover fell 6.6% in Aug 2020.
Markets for You
