Global Indices
Global Indices 25-Apr Prev_Day Abs. Change
% Change
Russell 3000 2,544 2,560 -16 -0.62
Nasdaq 15,612 15,713 -101 -0.64
FTSE 8,079 8,040 38 0.48
Nikkei 37,628 38,460 -832 -2.16
Hang Seng 17,285 17,201 83 0.48
Indian Indices 25-Apr Prev_Day Abs. Change
% Change
S&P BSE Sensex 74,339 73,853 487 0.66
Nifty 50 22,570 22,402 168 0.75
Nifty 100 23,330 23,168 162 0.70
Nifty 500 20,868 20,731 137 0.66
Nifty Bank 48,495 48,189 306 0.63
S&P BSE Power 7,072 7,006 66 0.94
S&P BSE Small Cap 47,113 46,859 254 0.54
S&P BSE HC 35,281 34,942 339 0.97
Date P/E Div. Yield P/E Div. Yield
25-Apr 24.89 1.13 22.75 1.18
Month Ago 24.83 1.12 22.81 1.21
Year Ago 22.43 1.24 20.56 1.41
Nifty 50 Top 3 Gainers
Company 25-Apr Prev_Day
% Change
Axis Bank 1127 1063 6.00
SBI 813 773 5.12
Dr.Reddy 6219 5951 4.50
Nifty 50 Top 3 Losers Domestic News
Company 25-Apr Prev_Day
% Change
Kotak Bank 1642 1843 -10.87
Shree Cements Limited 23972 24369 -1.63
HUL 2231 2260 -1.30
Advance Decline Ratio
BSE NSE
Advances 2043 1389
Declines 1769 1166
Unchanged 124 85
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 4563
MF Flows** 101278
*25
th
Apr 2024; **23
rd
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.
26 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
2348
4227
5.69%
(Dec-23)
• Indian equity markets extended its gains for the fifth consecutive session
despite having weak global cues ahead of the release of Q1 2024 GDP data
of the U.S. economy. The key benchmark indices witnessed healthy gains
after opening on a weaker note, supported by buying across the sectors as
investors became more exposed to domestic equities due to India's strong
growth prospects and in expectation of political stability in the upcoming
general election. Sentiments were further boosted following an ease in
crude oil prices as a result of the Middle East's conflict abating and
weakening U.S. demand.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.66% and
0.75% to close at 74,339.44 and 22,570.35 respectively.
• The overall market breadth on BSE was strong with 2,043 scrips advancing
and 1,769 scrips declining. A total of 122 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 1.16%
followed by S&P BSE Healthcare, up 0.97% and S&P BSE Power, up 0.94%.
S&P BSE Consumer Durables was the major loser, down 0.45% followed by
S&P BSE Realty, down 0.12%.
• India is holding talks with a number of nations to request technical
assistance for the processing of lithium in an effort to support its
developing lithium mining and electric vehicle industries and lessen its
reliance on China. The Ministry of Mines initiated talks with Australia and the
United States last year, along with private companies reaching out to
Bolivia, Britain, Japan, and South Korea.
• According to a report published by the RBI, real estate investment trusts
(REITs) and infrastructure investment trusts (InvITs) have mobilised Rs. 1.3
lakh crore in between FY20 & FY24. The article noted that the market
regulator SEBI has progressively reduced the minimum investment size and
trading lot, allowing more retail investors to participate in these hybrid
instruments.
• The Central Board of Direct Taxes has made it clear that, in the event that
the Permanent Account Number stops working because it is not linked to
Aadhaar, tax deductors will not be regarded as defaulters for failing to
deduct tax at a higher rate on transactions made between Jul 1, 2023 and
Mar 31, 2024.
• Happiest Minds Technologies announced that it has finalized a deal to buy
PureSoftware Technologies, a Noida-based company, for a total purchase
price of $94.5 million, or roughly Rs 779 crore. A down payment of Rs 635
crore is required for the acquisition, with the remaining Rs 144 crore to be
paid at the end of FY25 if predetermined performance goals are met.
• Tech Mahindra announced that its consolidated net profit for the fiscal year
2023–24 ended on March 31 reached Rs 661 crore (Q4 FY24). During the
same time the previous year, the company reported a net profit of Rs
1117.7 crore.

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• Asian equity markets mostly fell as the Australian and New Zealand markets
closed for Anzac Day. Meanwhile, investors anticipated further guidance
from the first-quarter U.S. GDP data as well as earnings reports from large
corporations in a variety of industries. Today (as on April 26), Asian markets
opened on a mixed note as investors looking ahead for the Bank of Japan’s
policy decision and inflation data from Tokyo. Both Nikkei and Hang Seng
rose by 0.48% and 1.47% respectively (as at 8 a.m. IST).
• European equity markets closed lower as the latest data showing a rise in
U.S. personal consumption expenditures price index has raised concerns
that U.S. Federal Reserve may keep interest rates higher for an extended
length of time. Further, fresh quarterly earning updates also added volatility
in the markets.
• US equity markets moved downwards as less than expected Gross Domestic
Product for the first quarter and rise in personal consumption expenditures
weighed on the market sentiments. However, robust quarterly earnings
updates from some of the big technology companies helped to restrict the
losses.
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26 April 2024
Derivative Statistics- Nifty Options
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material.
• Nifty Apr 2024 Futures settled at spot closing of 22,570.35. Nifty May 2024
Futures stood at 22,653.95, a premium of 83.6 points, above the spot
closing. The turnover on NSE’s Futures and Options segment fell to
Rs.8,329.15 crore on April 25, 2024, compared with Rs. 5,51,317.63 crore on
April 24, 2024.
• The Put-Call ratio stood at 0.9 compared with the previous session’s close of
0.97.
• The Nifty Put-Call ratio stood at 1.06 compared with the previous session’s
close of 1.04.
• Open interest on Nifty Futures stood at 19.07 million, compared with the
previous session’s close of 17.02 million.
• Bond yields rose ahead of the release of first quarter GDP data of the U.S.,
which will be closely monitored by the U.S. Federal Reserve for its upcoming
monetary policy decision on May 1, 2024, while market participants awaited
for domestic bond supply.
• Yield on the 10-year benchmark paper (7.18% GS 2033) rose by 2 bps to close
at 7.21% as compared to the previous close of 7.19%.
• RBI conducted the auction of 4-day Variable Rate Repo for the notified
amount of Rs. 50,000 crore for which amount of Rs. 50,008 crore was
accepted and the cut-off yield stood at 6.64%.
• According to media report, HDB Financial Services Ltd. planned to raise Rs.
300 crore through the reissue of 8.3324% May 2027 bonds at yield of 8.23%.
• The Indian rupee in the spot trade edged up against the U.S. dollar following
positive trend in the domestic equity market.
• Euro rose against the U.S. after the U.S. economy grew at a surprisingly slow
pace in the first quarter of 2024.
• Gold prices rose despite the fact that the U.S. Federal Reserve will drop
interest rates any time soon was diminished as economic data revealed
indications of extended inflation.
• Brent crude oil prices (spot) fell as the Middle East's lowering tensions
caused the geopolitical risk premium to further drop.
• According to the Labor Department, U.S. initial jobless claims fell to 207,000
in the week ended Apr 20th, 2024, a decrease of 5,000 from the previous
week's unrevised level of 212,000. The dip surprised economists, who had
expected jobless claims to inch up to 214,000.
• According to the Commerce Department, U.S. durable goods orders soared
by 2.6% in Mar 2024 after climbing by a downwardly revised 0.7% in Feb
2024.
• According to the Commerce Department, U.S. gross domestic product
increased by 1.6% in the first quarter of 2024 after surging by 3.4% in the
fourth quarter of 2023. Economists had expected GDP to jump by 2.5%.
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