Global Indices
Global Indices 02-Dec Prev_Day Abs. Change
% Change
Russell 3000 1,857 1,860 -3 -0.14
Nasdaq 11,461 11,482 -21 -0.18
FTSE 7,556 7,558 -2 -0.03
Nikkei 27,778 28,226 -448 -1.59
Hang Seng 18,675 18,736 -61 -0.33
Indian Indices 02-Dec Prev_Day Abs. Change
% Change
S&P BSE Sensex 62,869 63,284 -416 -0.66
Nifty 50 18,696 18,813 -116 -0.62
Nifty 100 18,870 18,973 -103 -0.54
Nifty 500 15,964 16,004 -40 -0.25
Nifty Bank 43,104 43,261 -157 -0.36
S&P BSE Power 4,608 4,666 -57 -1.23
S&P BSE Small Cap 29,912 29,705 207 0.70
S&P BSE HC 23,927 23,951 -24 -0.10
Date P/E Div. Yield P/E Div. Yield
2-Dec 23.81 1.14 22.47 1.28
Month Ago 23.39 1.17 21.82 1.25
Year Ago 27.42 0.96 24.01 1.16
Nifty 50 Top 3 Gainers
Company 02-Dec Prev_Day
% Change
Tech Mahindra 1115 1102 1.20
Grasim Indus 1820 1800 1.09
Indian Oil 77 76 1.05
Nifty 50 Top 3 Losers Domestic News
Company 02-Dec Prev_Day
% Change
Eicher Motors Limited 3332 3437 -3.07
M&M 1265 1293 -2.23
Tata Beverages 796 813 -2.17
Advance Decline Ratio
BSE NSE
Advances 1948 1276
Declines 1544 946
Unchanged 129 97
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -125121
MF Flows** 172995
*2
nd
Dec 2022; **28
th
Nov 2022
Economic Indicator
YoY(%) Current Year Ago
CPI
6.77%
(Oct-22)
4.48%
(Oct-21)
IIP
3.10%
(Sep-22)
4.40%
(Sep-21)
GDP
6.30%
(Sep-22)
8.40%
(Sep-21)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
05 December 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
12.60%
(Jun-22)
13.50%
(Jun-22)
Quarter Ago
Inflow/Outflow
-87
-1475
6.71%
(Jul-22)
Indian equity markets fell after eight days of winning rally and six days of
record-breaking run. Market participants turned cautious ahead of the key
U.S. job data for further clues on the future rate hike by the U.S. Federal
Reserve. Further, decline in global factory output data and U.S.
manufacturing data also contributed to the downside.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.66% and 0.62%
to close at 62,868.50 and 18,696.10 respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 0.8% and 0.7% respectively.
The overall market breadth on BSE was strong with 1,948 scrips advancing
and 1,544 scrips declining. A total of 129 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Realty was the major gainer, up 0.93%
followed by S&P BSE Telecommunication, up 0.53% and S&P BSE Metal, up
0.52%. S&P BSE Power was the major loser, down 1.23% followed by S&P
BSE Auto, down 1.12% and S&P BSE Utilities, down 1.1%.
According to a World Bank report, India, the third-largest economy in Asia, is
expected to become the first nation to receive $100 billion in remittances
from migrant workers abroad. Notably, the World Bank research stated that
India had received $89.4 billion in remittances in2021, making India the top
beneficiary internationally.
The Power Ministry announced an 18-year waiver of interstate transmission
fees on moving electricity for new hydropower projects. The waiver is now
offered to wind and solar energy projects. The government has set a lofty
goal of having 500 GW of non-fossil energy-based generation capacity by
2030.
A former RBI governor claims that if central bankers continue to pursue
restrictive monetary policies, the world economy may return to a period of
low inflation. He claimed that when inflation changed from a low to a high
regime, central banks needed to assess if their policies were flexible
enough.
Tata Power disclosed a Rs. 6,000 crore capital investment for Odisha. In the
next five years, the company plans to install 1,000 EV charging stations,
100,000 solar pumps, microgrids, and rooftop and floating solar plants.
Godrej Properties Ltd stated that it has purchased an 18.6 acre plot of land
in Kandivali, Mumbai, with the purpose of developing a high-end housing
project and expects sales revenue of about Rs. 7,000 crore.
Asian equity markets fell following losses on Wall street overnight as market
participant worried about recession.Today (as on Dec 5), Asian equity
markets rose as China relaxed virus testing rules in some cities, signalling
more easing may come in the nation, which has been under strict Covid-
related restrictions for more than two years. Both Nikkei and Hang Seng
rose by 0.12% and 3.19% (as at 8 a.m. IST) respectively.
European equity markets closed on a mixed note. Markets got support
initially as upbeat U.S. jobs data for Nov 2022 allayed fears of a global
economic slowdown. However, worries that the U.S. Federal Reserve may
continue to raise interest rates at an aggressive pace weighed on the market
sentiment. Profit booking also contributed to the downside to some extent.
U.S. equity markets closed on a mixed note. Market sentiments were initially
boosted after the U.S. non-farm payroll employment report showed
stronger than expected job growth in Nov 2022. However, the data added
to lingering uncertainty about the outlook for interest rates which weighed
on the market sentiment.
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05 December 2022
Derivative Statistics- Nifty Options
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material.
Nifty Dec 2022 Futures stood at 18,812.55, a premium of 116.45 points
above the spot closing of 18,696.10. The turnover on NSE’s Futures and
Options segment fell to Rs. 82,97,319.26 crore on Dec 02, 2022, compared
with Rs.3,23,02,311.67 crore on Dec 01, 2022.
The Put-Call ratio stood at 0.92 compared with the previous session’s close
of 1.
The Nifty Put-Call ratio stood at 0.94 compared with the previous session’s
close of 1.15.
Open interest on Nifty Futures stood at 13.15 million, compared with the
previous session’s close of 14.09 million.
Bond yields rose marginally on profit booking as demand at the weekly
government bond auction fell short of expectations.
Yield on the 10-year benchmark paper (7.26% GS 2032) rose 1 bps to close at
7.22% as compared to the previous close of 7.21%.
Reserve Bank of India conducted the auction of four government securities
namely 6.69% GS 2024, 7.10% GS 2029, 7.54% GS 2036 and 7.40% GS 2062
for a notified amount of Rs. 30,000 crore, which was completely accepted.
The cut off price/implicit yield at cut-off for 6.69% GS 2024, 7.10% GS 2029,
7.54% GS 2036 and 7.40% GS 2062 stood at Rs. 99.83/6.8025%, Rs.
99.60/7.1770%, Rs. 101.55/7.3562% and Rs. 100.64/7.3489%, respectively.
Reserve Bank of India announced the auction of government securities for
five states for a notified amount of Rs. 9,250 crore. The auction will be
conducted on Dec 06, 2022.
The Indian rupee in the spot trade weakened against the greenback
following dollar demand from importers.
The euro rose against the greenback after upbeat U.S. jobs data for Nov
2022 added to lingering uncertainty about the outlook for interest rates.
Gold prices fell after robust U.S. jobs data for Nov 2022 fanned concerns that
the U.S. Federal Reserve might stick with its aggressive monetary policy
tightening.
Brent crude oil prices fell ahead of a meeting of OPEC+ and a ban on Russian
crude by the European Union.
According to the Labor Department, U.S. non-farm payroll employment rose
to 263,000 jobs in Nov 2022 as compared to upwardly revised 284,000 jobs
in Oct 2022. Meanwhile, the unemployment rate held at 3.7% Nov 2022,
unchanged from Oct 2022.
According to Destatis, Germany’s exports fell 0.6% MoM in Oct 2022 as
against 0.7% fall in Sep 2022. Germany’s import fell 3.7% in Oct as against
2.2% fall in Sep.
According to the Bank of Japan, the country’s monetary base fell 6.4% YoY in
Nov 2022 coming in at 616.820 trillion yen as against 6.9% contraction in Oct
2022.
According to Eurostat, eurozone producer prices rose 30.8% in Oct 2022
following 41.9% rise in Sep 2022. The decline came amid notable reduction
in energy price growth.
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