Global Indices
Global Indices 05-Aug Prev_Day Abs. Change
% Change
Russell 3000 1,984 1,989 -5 -0.23
Nasdaq 12,658 12,721 -63 -0.50
FTSE 7,440 7,448 -8 -0.11
Nikkei 28,176 27,932 244 0.87
Hang Seng 20,202 20,174 28 0.14
Indian Indices 05-Aug Prev_Day Abs. Change
% Change
S&P BSE Sensex 58,388 58,299 89 0.15
Nifty 50 17,398 17,382 16 0.09
Nifty 100 17,656 17,653 3 0.01
Nifty 500 14,900 14,892 8 0.05
Nifty Bank 37,921 37,756 165 0.44
S&P BSE Power 4,687 4,763 -76 -1.59
S&P BSE Small Cap 27,605 27,542 64 0.23
S&P BSE HC 23,185 23,252 -68 -0.29
Date P/E Div. Yield P/E Div. Yield
5-Aug 22.71 1.23 20.86 1.29
Month Ago 21.58 1.32 19.54 1.42
Year Ago 31.31 1.00 26.72 1.14
Nifty 50 Top 3 Gainers
Company 05-Aug Prev_Day
% Change
Ultratech Cem 6775 6588 2.84
Indian Oil 73 71 2.67
Shree Cements Limited 21237 20688 2.66
Nifty 50 Top 3 Losers Domestic News
Company 05-Aug Prev_Day
% Change
Hindalco 411 422 -2.58
Britannia Industries Limited 3688 3775 -2.30
M&M 1236 1262 -2.05
Advance Decline Ratio
BSE NSE
Advances 1808 1191
Declines 1543 929
Unchanged 158 84
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -198194
MF Flows** 148160
*5
th
Aug 2022; **3
rd
Aug 2022
Economic Indicator
YoY(%) Current Year Ago
CPI
7.01%
(Jun-22)
6.26%
(Jun-21)
IIP
19.60%
(May-22)
27.60%
(May-21)
GDP
4.10%
(Mar-22)
2.50%
(Mar-21)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 August 2022
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
1.20%
(Feb-22)
5.40%
(Dec-21)
Quarter Ago
Inflow/Outflow
113
1728
6.95%
(Mar-22)
• Indian equity markets closed with marginal gains after monetary policy
committee raised the interest rate for the third time in a row and to the
highest since 2019. Strong cues from the Asian markets helped to ease the
jitteriness of the market participants due to much-expected rate hike by the
RBI. Meanwhile, decline in crude oil prices also helped to ease concerns for
global recession and restricted the downside.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.15% and
0.09% to close at 58,387.93 and 17,397.50 respectively.
• The overall market breadth on BSE was strong with 1,808 scrips advancing
and 1,543 scrips declining. A total of 158 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 1.34%
followed by S&P BSE Basic Materials, up 0.89% and S&P BSE Teck, up 0.82%.
S&P BSE Utilities was the major loser, down 1.86% followed by S&P BSE
Power, down 1.59% and S&P BSE Auto, down 1.12%.
• The Monetary Policy Committee (MPC) in its bi-monthly monetary policy
review raised key policy repo rate by 50 bps to 5.40%. All the members of
the MPC unanimously voted to raise the key policy repo rate. With this rate
hike, the repo rate is now back to pre-pandemic levels and stand at the
highest level since Aug 2019. Thus, MPC has so far raised the repo rate by
140 bps in this fiscal. This is the third consecutive rate hike by the
Committee since it embarked on a policy tightening spree from May this
year. It also decided to remain focused on withdrawal of accommodation to
ensure that retail inflation remains within the target going forward, while
supporting growth.
• The MPC is of the view that easing of global supply bottlenecks is leading to
an improvement in supply outlook. Also, with growth becoming broad
based, domestic economic activity is expected to remain resilient on the
back of government’s capex push, increase in capacity utilisation and large
expansion in bank credit. Thus, the MPC decided to raise the key policy repo
rate by 50 bps to ensure that retail inflation comes down below the Reserve
Bank of India’s (RBI) upper tolerance band of 6% by Q4FY23.
• MPC projected retail inflation at 6.7% for FY23. Retail inflation for Q2FY23
was projected at 7.1%, for Q3FY23 at 6.4%, for Q4FY23 at 5.8%, and for
Q1FY24 at 5.0%. MPC retained the real GDP growth for FY23 at 7.2%. Real
GDP growth for Q1FY23 was projected at 16.2%, for Q2FY23 at 6.2%, for
Q3FY23 at 4.1% and for Q4FY23 at 4.0%. Real GDP growth for Q1FY24 was
projected at 6.7%.
• Mahindra & Mahindra Ltd posted a consolidated profit after tax of Rs.
2,360.70 crore in the quarter ended Jun 30 as against consolidated loss
after tax of Rs 331.74 crore in the same quarter a year ago. The profit came
driven by strong performance of its automotive and farm sector segments.
• According to the Vice-President, Tata Motors plans to increase its sales in
Kerala by 40% in the second quarter of FY22.
• Asian markets ended mostly higher amid positive corporate earnings data
and ease of concern over the geopolitical tensions. Meanwhile, investors are
waiting for the release of US jobs data which could way forward to the
tightening of US monetary policy. Today (as on Aug 08), Asian markets
opened on a mixed note ahead of the quarterly earning reports of big
corporates. While Nikkei rose 0.11%, Hang Seng fell 0.94% (as at 8 a.m. IST).
• European equity markets closed lower as investors kept considering the
effects of the Bank of England's decision to raise interest rates. Additionally,
stronger than expected U.S. non-farm payroll data raised concerns for more
aggressive rate by the Federal Reserve. Further, poor corporate earning
numbers of the region also contributed to the losses.
• US equity markets closed on a mixed note after stronger than expected U.S.
non-farm payroll data impacted market sentiments. Investors now worried
off more aggressive rate hike by the Federal Reserve. However strong
buying in banking and energy stocks helped to restrict the losses.
Markets for You
FII Derivative Trade Statistics 05-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 3421.67 4251.52 12306.52
Index Options 2495243.95 2494132.90 74847.75
Stock Futures 12647.40 11945.70 145976.03
Stock Options 9113.12 8949.30 7283.08
Total 2520426.14 2519279.42 240413.38
05-Aug Prev_Day
Change
Put Call Ratio (OI) 1.05 1.03 0.02
Put Call Ratio(Vol) 0.92 1.03 -0.11
05-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 5.04% 5.00% 4.72% 3.13%
T-Repo 5.07% 5.00% 4.64% 3.03%
Repo 5.40% 4.90% 4.90% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 5.50% 5.51% 5.06% 3.35%
364 Day T-Bill 6.20% 6.25% 6.09% 3.59%
10 Year Gilt 7.30% 7.32% 7.39% 6.21%
G-Sec Vol. (Rs.Cr) 58234 47694 32674 21451
FBIL MIBOR 5.14% 5.25% 4.87% 3.39%
3 Month CP Rate 6.05% 6.10% 5.70% 3.80%
5 Year Corp Bond 7.64% 7.78% 7.89% 6.30%
1 Month CD Rate 5.58% 5.60% 4.95% 3.32%
3 Month CD Rate 5.86% 5.86% 5.47% 3.39%
1 Year CD Rate 6.93% 6.91% 6.35% 3.95%
Currency 05-Aug Prev_Day
Change
USD/INR 79.12 79.54 -0.43
GBP/INR 96.07 96.60 -0.53
EURO/INR 80.91 80.87 0.04
JPY/INR 0.59 0.59 0.00
Commodity 05-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 91.52 101.06 101.35 69.05
Brent Crude($/bl) 106.52 117.15 115.32 73.14
Gold( $/oz) 1774 1765 1764 1804
Gold(Rs./10 gm) 51948 51301 52164 47764
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
08 August 2022
Derivative Statistics- Nifty Options
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material.
• Nifty Aug 2022 Futures stood at 17,416.15, a premium of 18.65 points above
the spot closing of 17,397.50. The turnover on NSE’s Futures and Options
segment fell to Rs. 74,42,994.59 crore on Aug 05, 2022, compared with Rs.
3,12,34,157.27 crore on Aug 04, 2022.
• The Put-Call ratio stood at 0.91 compared with the previous session’s close
of 1.03.
• The Nifty Put-Call ratio stood at 1.05 compared with the previous session’s
close of 1.03.
• Open interest on Nifty Futures stood at 12.11 million, compared with the
previous session’s close of 11.87 million.
• Bond yields surged after the Monetary Policy committee (MPC) increased
rates by 50 bps and higher-than-expected cut-off yields at weekly
government securities auction indicated weak demand.
• Yield on the 10-year benchmark paper (6.54% GS 2032) surged by 14 bps to
close at 7.30% as compared to the previous close of 7.16%.
• RBI announced the auction of 91 days, 182 days and 364 days Treasury Bills
an aggregate amount of Rs. 21,000 crore. The auction would be carried out
on Aug 10, 2022.
• Data from RBI showed that India's foreign exchange reserves rose after
falling in the last eight consecutive weeks to $573.88 billion for the week
ended Jul 29, 2022 from $571.56 billion in the previous week. India's foreign
exchange reserves thus at present is at a 20-month low and lowest since Nov
6, 2020, when they were at $568.49 billion.
• The Indian rupee rose against the U.S. dollar even after Reserve Bank of India
(RBI) raised repo rate by 50 bps to restrict rising consumer inflation. RBI
governor indicated that inflation had peaked and domestic growth remained
robust.
• Euro fell against the U.S. dollar after U.S. nonfarm payroll data for Jul 2022
came well above the market expectations.
• Gold prices fell as strong U.S. jobs report for Jul 2022 eased recession
worries and raised hopes that U.S. Fed will stick to its aggressive tightening
path.
• Brent crude oil prices rose amid concern over supply shortages.
• According to the Labor Department, U.S. non-farm payroll employment rose
528,000 jobs in Jul 2022 after surging by an upwardly revised 398,000 jobs in
Jun 2022. The unemployment rate unexpectedly edged down to 3.5% in Jul
from 3.6% in Jun.
• According to data released by Destatis, Germany’s industrial production rose
0.4% MoM in Jun 2022 as against decline of 0.1% in May 2022.
• According to preliminary data from the Cabinet Office, Japan’s leading
index, which measures future economic activity, dropped to 100.6 in Jun
2022 from 101.2 in May 2022. The coincident index that measures the
current economic situation rose to 99.0 in Jun from 94.9 in May.
• According to Halifax, U.K. house prices rose 11.8% YoY in Jul 2022 as against
12.5% rise in Jun 2022.
Markets for You
