Global Indices
Global Indices 11-Dec Prev_Day Abs. Change
% Change
Russell 3000 3,277 3,224 53 1.65
Nasdaq 20,035 19,687 348 1.77
FTSE 8,302 8,280 21 0.26
Nikkei 39,372 39,368 5 0.01
Hang Seng 20,155 20,311 -156 -0.77
Indian Indices 11-Dec Prev_Day Abs. Change
% Change
BSE Sensex 81,526 81,510 16 0.02
Nifty 50 24,642 24,610 32 0.13
Nifty 100 25,635 25,600 35 0.14
Nifty 500 23,358 23,315 43 0.19
Nifty Bank 53,391 53,578 -186 -0.35
BSE Power 7,582 7,609 -26 -0.34
BSE Small Cap 57,703 57,503 200 0.35
BSE HC 44,433 44,299 134 0.30
Date P/E Div. Yield P/E Div. Yield
11-Dec 23.28 1.13 22.68 1.24
Month Ago 22.70 1.15 22.23 1.29
Year Ago 24.78 1.14 22.44 1.30
Nifty 50 Top 3 Gainers
Company 11-Dec Prev_Day
% Change
Bajaj Finance 7115 6936 2.58
Britannia Industries Limited 4890 4787 2.14
Hero Moto 4650 4588 1.35
Nifty 50 Top 3 Losers Domestic News
Company 11-Dec Prev_Day
% Change
JSW Steel 1000 1013 -1.26
Adani Ports & SEZ 1234 1249 -1.20
NTPC 366 369 -0.99
Advance Decline Ratio
BSE NSE
Advances 2084 1491
Declines 1902 1288
Unchanged 110 67
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 11115
MF Flows** 403066
*11th Dec 2024; **9th Dec 2024
Economic Indicator
YoY(%) Current Year Ago
CPI
6.21%
(Oct-24)
4.87%
(Oct-23)
IIP
3.10%
(Sep-24)
6.40%
(Sep-23)
GDP
5.40%
(Sep-24)
8.10%
(Sep-23)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
12 December 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
4.90%
(Jun-24)
6.70%
(Jun-24)
Quarter Ago
Inflow/Outflow
-1215
1867
3.60%
(Jul-24)
•Indian equity markets fluctuated in a narrow range before closing
marginally higher as investors awaited key U.S. inflation data of Nov 2024
that could influence the Federal Reserve’s rate trajectory.
•Key benchmark indices BSE SENSEX and Nifty 50 gained 0.02% and 0.13%
to close at 81,526.14 and 24,641.80 respectively.
•The overall market breadth on BSE was strong with 2,084 scrips advancing
and 1,902 scrips declining. A total of 110 scrips remained unchanged.
•On the BSE sectoral front, Consumer Durables was the major gainer, up
0.59% followed by Industrials, up 0.4% and Auto, up 0.37%. Utilities was
the major loser, down 0.35% followed by Power, down 0.34% and Bankex,
down 0.31%.
•The Asian Development Bank lowered India's economic growth forecast to
6.5% for FY25 from its earlier estimate of 7% due to lower-than-expected
growth in private investment and housing demand. The multilateral
development bank has also lowered India's 2025-26 forecast to 7% from
7.2%.
•The government has lowered the limit of wheat stocks that traders and
millers can hold to only 1,000 metric tons of wheat, against 2,000 metric
tons earlier to help boost availability and moderate prices that hit a record
high this month.
•According to the Labour Secretary, the Labour Ministry is enhancing its
information technology systems, enabling EPFO subscribers to withdraw
provident funds directly from ATMs by Jan 2025,in order to simplify claims
and improve ease of living.
•Maruti Suzuki India (MSIL) intends to enhance its service network by
incorporating 2,760 additional touchpoints by the fiscal year 2031,
representing a 53% increase. This expansion will elevate the total number
of service locations to around 8,000 nationwide.
•NTPC Renewable Energy Ltd has successfully obtained 500 MW of solar
power capacity at a tariff rate of Rs. 3.52 per kWh. In accordance with the
tender conditions, the company is obligated to establish an Energy Storage
System (ESS) with a capacity of 250 MW/1000 MWh in conjunction with the
awarded solar capacity.
•Asian equity markets closed on a mixed note as investors were waiting for
important U.S. Consumer Price Index (CPI) data to be released later in the
day, which may impact the U.S. Federal Reserve's decision regarding
interest rates in the upcoming week. Meanwhile, the Japanese markets
concluded the trading session with little change, reflecting uncertainty
regarding the timeline for potential interest rate increases by the Bank of
Japan. Today (as on December 12), Asian markets opened higher following
gains on Wall Street after Nov’s 2024 U.S. inflation report met
expectations. Both Nikkei and Hang Seng rose by 1.61% and 0.08% (as at 8
a.m. IST).
•European equity markets mostly rose as investors responded favorably to
U. S. data on consumer price inflation, which was consistent with forecasts,
and looking ahead to the European Central Bank' monetary policy
announcement on 12th Nov 2024.
•U.S. equity markets mostly rose following the release of closely watched
consumer price inflation data that came in line with economic estimates.
With the data in line with expectations, the report has boosted confidence
that the U.S. Federal Reserve will cut interest rates by another quarter
point next week.
Markets for You
FII Derivative Trade Statistics 11-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 1935.43 2501.16 24081.02
Index Options 1094396.03 1111670.26 541125.06
Stock Futures 17030.37 18930.02 336030.63
Stock Options 65812.18 69492.53 74617.18
Total 1179174.01 1202593.97 975853.89
11-Dec Prev_Day
Change
Put Call Ratio (OI) 0.87 0.86 0.01
Put Call Ratio(Vol) 0.96 0.98 -0.02
11-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 6.70% 6.42% 6.45% 6.71%
T-Repo 6.65% 6.30% 6.29% 6.75%
Repo 6.50% 6.50% 6.50% 6.50%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 6.44% 6.38% 6.44% 6.90%
364 Day T-Bill 6.58% 6.52% 6.54% 7.15%
10 Year Gilt 6.72% 6.68% 6.79% 7.28%
G-Sec Vol. (Rs.Cr) 46395 101665 24322 28712
FBIL MIBOR 6.84% 6.50% 6.50% 6.85%
3 Month CP Rate 7.17% 7.18% 7.18% 7.45%
5 Year Corp Bond 7.47% 7.45% 7.42% 7.66%
1 Month CD Rate 7.12% 7.13% 6.84% 7.39%
3 Month CD Rate 7.15% 7.20% 7.19% 7.44%
1 Year CD Rate 7.47% 7.48% 7.54% 7.90%
Currency 11-Dec Prev_Day
Change
USD/INR 84.84 84.85 -0.01
GBP/INR 108.32 108.28 0.04
EURO/INR 89.29 89.66 -0.36
JPY/INR 0.56 0.56 0.00
Commodity 11-Dec Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 70.47 68.71 70.49 70.85
Brent Crude($/bl) 76.31 75.95 72.53 78.34
Gold( $/oz) 2718 2650 2620 1981
Gold(Rs./10 gm) 77509 76031 76577 61221
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
12 December 2024
Derivative Statistics- Nifty Options
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material.
•Nifty Dec 2024 Futures stood at 24,734.90, a premium of 93.10 points
above the spot closing of 24,641.80. The turnover on NSE’s Futures and
Options segment fell to Rs.6,385.50 crore on December 11,2024,
compared with Rs. 4,51,391.50 crore on December 10,2024.
•The Put-Call ratio stood at 0.94 compared with the previous session’s close
of 0.95.
•The Nifty Put-Call ratio stood at 0.87 compared with the previous session’s
close of 0.86.
•Open interest on Nifty Futures stood at 12.76 million, compared with the
previous session’s close of 12.79 million.
•Bond yields rose marginally ahead of the release of the U.S. retail inflation
data of Nov 2024 that could provide further cues on interest rates by the
Federal Reserve.
•Yield on the 10-year benchmark paper (6.79%GS 2034) rose by 1bps to close
at 6.72%as compared to the previous close of 6.71%.
•Data from Reserve Bank of India showed that reserve money grew 8.1% on a
yearly basis for the week ended Dec 06, 2024 compared to an increase of
6.2% in the same period of the previous year. The currency in circulation
grew 5.7% on a yearly basis for the week ended Dec 06,2024 compared to
an increase of 3.9% in the same period of the previous year.
•The Indian rupee in the spot trade edged up against the U.S. dollar following
positive domestic markets and FII inflows.
•Euro rose against the U.S. dollar ahead of the European Central Bank policy
meeting.
•Gold prices rose on expectations for a rate cut by the U.S. Federal Reserve
next week and that was bolstered by the U.S. inflation data which met
expectations.
•Brent crude oil prices (spot) rose on possible sanctions on Russia by the
European Union, and expectations of increased demand from China.
•According to a report, Japan’s producer prices climbed 3.7% a year in Nov
2024. That exceeded expectations for an increase of 3.4% and was up from
the upwardly revised 3.6% gain in Oct 2024 (originally 3.4%).
•According to the Labor Department, U.S. labor productivity shot up by 2.2%
in the third quarter of 2024, unrevised from the initial estimate and in line
with economists' estimates.
•According to the Labor Department, U.S. consumer price index climbed by
0.3% in Nov 2024 after rising by 0.2% for four straight months. The increase
matched expectations. The annual rate of growth by consumer prices ticked
up to 2.7% in Nov 2024 from 2.6% in Oct 2024, which was also in line with
estimates.
Markets for You
