Global Indices
Global Indices 18-Apr Prev_Day Abs. Change
% Change
Russell 3000 2,547 2,559 -12 -0.46
Nasdaq 15,601 15,683 -82 -0.52
FTSE 7,877 7,848 29 0.37
Nikkei 38,080 37,962 118 0.31
Hang Seng 16,386 16,252 134 0.82
Indian Indices 18-Apr Prev_Day Abs. Change
% Change
S&P BSE Sensex 72,489 72,944 -455 -0.62
Nifty 50 21,996 22,148 -152 -0.69
Nifty 100 22,740 22,870 -130 -0.57
Nifty 500 20,325 20,423 -98 -0.48
Nifty Bank 47,069 47,485 -415 -0.87
S&P BSE Power 6,929 6,952 -23 -0.33
S&P BSE Small Cap 45,450 45,424 26 0.06
S&P BSE HC 34,576 35,006 -431 -1.23
Date P/E Div. Yield P/E Div. Yield
18-Apr 24.79 1.13 22.53 1.21
Month Ago 24.88 1.12 22.77 1.22
Year Ago 22.48 1.23 20.65 1.41
Nifty 50 Top 3 Gainers
Company 18-Apr Prev_Day
% Change
Bharti Airtel 1266 1216 4.05
Power Grid 280 274 2.13
Bajaj Auto 9021 8919 1.15
Nifty 50 Top 3 Losers Domestic News
Company 18-Apr Prev_Day
% Change
Titan Industries Limited 3525 3646 -3.31
Coal India 439 453 -3.22
ONGC 274 283 -3.18
Advance Decline Ratio
BSE NSE
Advances 1761 1168
Declines 2047 1400
Unchanged 121 90
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 9803
MF Flows** 93828
*18
th
Apr 2024; **15
th
Apr 2024
Economic Indicator
YoY(%) Current Year Ago
CPI
4.85%
(Mar-24)
5.66%
(Mar-23)
IIP
5.70%
(Feb-24)
6.00%
(Feb-23)
GDP
8.40%
(Dec-23)
4.30%
(Dec-22)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
19 April 2024
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
2.50%
(Nov-23)
8.10%
(Sep-23)
Quarter Ago
Inflow/Outflow
4079
-3265
5.69%
(Dec-23)
• Indian equity markets fell for the fourth consecutive trading session amid
mixed global cues. After remaining in the positive territory throughout the
session, the key benchmark indices witnessed sharp fall in the second half of
the session due to heavy sell-off across the sectors as sentiments were
dampened following the heightened geopolitical tensions in the Middle
East between Israel and Iran. Meanwhile, easing in crude oil prices below the
$90 per barrel mark caped the losses to some extent.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.62% and 0.69%
to close at 72,488.99 and 21,995.85 respectively.
• The overall market breadth on BSE was weak with 1,761 scrips advancing
and 2,047 scrips declining. A total of 121 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecommunication was the major
gainer, up 1.62% followed by S&P BSE Teck, up 0.7%. S&P BSE Consumer
Durables was the major loser, down 1.52% followed by S&P BSE Energy,
down 1.28% and S&P BSE Healthcare, down 1.23%.
• The government has notified amendments to the foreign direct investment
policy in the space sector to attract offshore investors in satellite
manufacturing and satellite launch vehicles segments. The amendment
prescribes liberalized entry route and provides clarity for FDI in satellites,
launch vehicles and associated systems or subsystems, creation of
spaceports for launching and receiving Spacecraft and manufacturing of
space-related components and systems.
• According to the Petroleum Planning and Analysis Cell data, India's imports
of crude oil decreased by 16% in FY24 due to lower global rates, however,
import dependency increased to a record high of 87.7%. India imported
crude oil worth USD 132.4 billion, despite its stable domestic production of
29.4 million tonnes. Fuel consumption surged to a record 233.3 million
tonnes.
• According to media report, India's reliance on pulse imports nearly doubled
to USD 3.74 billion in FY24. The surge in imports, estimated to be over 45
lakh tonnes, is aimed at meeting domestic demand and controlling prices. In
order to solve this, the government is looking into long-term contracts in
new markets like Argentina and Brazil.
• Infosys, announced that its consolidated net profit for the Jan-Mar quarter
of the financial year 2024 (Q4FY24) increased by 30% to Rs 7,969 crore from
the Rs 6,128 crore recorded in the same time the previous year. Comparing
Q4FY23 revenue of Rs 37,441 crore to Rs 37,923 crore, the consolidated
revenue increased 1.3%.
• Bajaj Auto announced that its consolidated net profit for the January–March
quarter of the 2024 fiscal year was Rs 2,011 crore (Q4FY24). Compared to
the Rs 1,704.74 crore reported during the same time last year, profit
increased by 18%. Q4 revenues were Rs 11,914.94 crore, which was a 29.6%
increase from Rs 9,192.73 crore in the same period the previous year.
• Asian equity markets rose as the dollar and U.S. Treasury yields retreated
from recent highs. The Japanese market rose after an unusual trilateral
agreement between the U.S., Japan and Korea to consult closely on foreign
exchange. Meanwhile, investors reduced their expectations on a Fed rate
drop while waiting to see how Israel would react to the Iranian attack. Today
(as on April 19), Asian markets fell followed by the latest inflation data from
Japan and overnight losses from the U.S. Markets. Both Nikkei and Hang
Seng fell by 3.15% and 1.32% respectively (as at 8 a.m. IST).
• European equity markets rose as the comments from the European Central
Bank Official raised expectation for lowering the interest rate in June’s
policy review meeting. However, geopolitical uncertainty in the Middle East
restricted the upside.
• US equity markets largely fell as uncertainty for the upcoming rate cut in the
next policy review meeting weighed on the market sentiments. However,
investors opted for stocks at relatively lower level after the recent
weakness, helped to restrict the losses.
Markets for You
FII Derivative Trade Statistics
18-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 4271.50 7425.49 26552.93
Index Options 3760255.97 3741819.23 316166.84
Stock Futures 24122.09 28481.87 258102.60
Stock Options 54977.38 54277.39 33958.74
Total 3843626.94 3832003.98 634781.11
18-Apr Prev_Day
Change
Put Call Ratio (OI) 0.87 0.76 0.11
Put Call Ratio(Vol) 1.04 0.87 0.17
18-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 6.47% 6.55% 6.55% 6.57%
T-Repo 6.38% 6.55% 6.53% 6.59%
Repo 6.50% 6.50% 6.50% 6.50%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 6.87% 6.65% 6.82% 6.70%
364 Day T-Bill 7.05% 7.03% 7.05% 7.02%
10 Year Gilt 7.16% 7.11% 7.09% 7.20%
G-Sec Vol. (Rs.Cr) 50545 36998 36054 47232
FBIL MIBOR 6.60% 6.64% 6.75% 6.69%
3 Month CP Rate 7.15% 7.20% 7.60% 7.10%
5 Year Corp Bond 7.76% 7.69% 7.68% 7.78%
1 Month CD Rate 6.80% 6.86% 7.07% 6.80%
3 Month CD Rate 7.31% 7.37% 7.65% 6.98%
1 Year CD Rate 7.42% 7.39% 7.67% 7.51%
Currency 18-Apr Prev_Day
Change
USD/INR 83.52 83.50 0.02
GBP/INR 104.25 103.67 0.58
EURO/INR 89.27 88.56 0.71
JPY/INR 0.54 0.54 0.00
Commodity 18-Apr Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 83.30 85.59 83.58 80.80
Brent Crude($/bl) 89.44 92.34 87.42 87.14
Gold( $/oz) 2378 2373 2160 2005
Gold(Rs./10 gm) 73119 71536 65258 60307
Source: Refinitiv
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
19 April 2024
Derivative Statistics- Nifty Options
Disclaimer:
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material.
• Nifty Apr 2024 Futures stood at 22,055.20, a premium of 59.35 points above
the spot closing of 21,995.85. The turnover on NSE’s Futures and Options
segment fell to Rs.8,877.44 crore on April 18, 2024, compared with Rs.
5,26,529.79 crore on April 16, 2024.
• The Put-Call ratio stood at 1.03 compared with the previous session’s close
of 0.94.
• The Nifty Put-Call ratio stood at 0.87 compared with the previous session’s
close of 0.76.
• Open interest on Nifty Futures stood at 15.8 million, compared with the
previous session’s close of 13.86 million.
• Bond yields mostly remained steady ahead of the weekly debt sale, while
market participants took comfort from easing crude oil prices and U.S.
Treasury yields.
• Yield on the 10-year benchmark paper (7.18% GS 2033) was unchanged to
close at 7.19% as compared to the previous day’s close.
• Reserve Bank of India conducted the auction of 91 days, 182 days and 364
days Treasury Bills for an aggregate amount of Rs. 27,000 crore for which
the full amount was accepted, and the cut-off rate stood at Rs. 98.3148
(YTM: 6.8752%), Rs. 96.6133 (YTM: 7.0301%) and Rs. 93.4240 (YTM:
7.0582%), respectively.
• Reserve Bank of India conducted the auction of Overnight Variable Rate
Reverse Repo for the notified amount of Rs. 75,000 crore for which amount
of Rs. 75,027 crore was accepted and the cut-off yield stood at 6.49%.
• The Indian rupee in the spot trade remained almost steady against the U.S.
dollar due to decline in the domestic equity market.
• Euro fell against the U.S. dollar as investors believe that U.S. monetary policy
will remain tight for longer.
• Gold prices rose as a weaker U.S. dollar and investors. Further, prices rose as
investors picked up the safe-haven asset amid concerns about Middle East
tensions.
• Brent crude oil prices fell on worries about weakening global oil demand.
• According to the Labor Department, U.S. initial jobless claims came in at
212,000 in the week ended Apr 13th, 2024, unchanged from the previous
week's revised level. Economists had expected jobless claims to rise to
215,000 from the 211,000 originally reported for the previous week.
• According to Eurostat, eurozone’s construction output rose a calendar and
seasonally adjusted 1.8% MoM in Feb 2024 following a downwardly revised
0.2% gain in Jan 2024.
• According to the Ministry of Economy, Trade, and Industry, Japan’s tertiary
activity index rose 1.5% MoM in Feb 2024, reversing a 0.5% decrease in Jan
2024.
Markets for You
