Global Indices
Global Indices 19-Dec Prev_Day Abs. Change
% Change
Russell 3000 3,174 3,172 2 0.05
Nasdaq 19,373 19,393 -20 -0.10
FTSE 8,105 8,199 -94 -1.14
Nikkei 38,814 39,082 -268 -0.69
Hang Seng 19,753 19,865 -112 -0.56
Indian Indices 19-Dec Prev_Day Abs. Change
% Change
BSE Sensex 79,218 80,182 -964 -1.20
Nifty 50 23,952 24,199 -247 -1.02
Nifty 100 24,885 25,138 -253 -1.01
Nifty 500 22,752 22,934 -182 -0.79
Nifty Bank 51,576 52,140 -564 -1.08
BSE Power 7,314 7,373 -59 -0.80
BSE Small Cap 56,338 56,497 -159 -0.28
BSE HC 44,600 44,205 396 0.89
Date P/E Div. Yield P/E Div. Yield
19-Dec 22.62 1.16 22.05 1.26
Month Ago 22.09 1.19 21.65 1.36
Year Ago 25.25 1.12 22.92 1.29
Nifty 50 Top 3 Gainers
Company 19-Dec Prev_Day
% Change
Cipla 1507 1472 2.32
BPCL 295 288 2.17
Indian Oil 140 137 2.13
Nifty 50 Top 3 Losers Domestic News
Company 19-Dec Prev_Day
% Change
United Phos 518 532 -2.61
Asian Paints 2292 2345 -2.29
JSW Steel 926 947 -2.21
Advance Decline Ratio
BSE NSE
Advances 1589 1024
Declines 2414 1761
Unchanged 92 56
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 7563
MF Flows** 410606
*19
th
Dec 2024; **17
th
Dec 2024
Economic Indicator
YoY(%) Current Year Ago
CPI
5.48%
(Nov-24)
5.55%
(Nov-23)
IIP
3.50%
(Oct-24)
11.90%
(Oct-23)
GDP
5.40%
(Sep-24)
8.10%
(Sep-23)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 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
5.00%
(Jul-24)
6.70%
(Jun-24)
Quarter Ago
Inflow/Outflow
2090
-922
3.65%
(Aug-24)
Indian equity markets extended its losses for the fourth consecutive
session amid negative global cues following hawkish commentary from the
U.S. Fed. After slashing interest rates by 25 bps as widely expected, the U.S.
Federal Reserve warned that it remains cautious about further rate cuts
amid inflation concerns, as the central bank cautioned that inflation may
take one to two years to return to the 2% target.
Key benchmark indices BSE SENSEX and Nifty 50 lost 1.2% and 1.02% to
close at 79,218.05 and 23,951.70 respectively.
The overall market breadth on BSE was weak with 1,589 scrips advancing
and 2,414 scrips declining. A total of 92 scrips remained unchanged.
On the BSE sectoral front, Healthcare was the only gainer, up 0.89%.
Bankex was the major loser, down 1.16% followed by Consumer Durables,
down 1.15% and Information Technology, down 1.13%.
The Union Food Minister stated that Indian sugar mills have disbursed Rs.
8,126 crore to sugarcane farmers within the first 70 days of the 2024-25
sugar season. Total dues amounted to Rs. 11,141 crore as of Dec 13, 2024,
leaving Rs. 3,015 crore outstanding.
The central government has proposed a new bill to curb unregulated
lending, which includes fines as well as prison terms of up to 10 years for
violations, in order to curb unregulated lending activities and protect
consumers' interests.
According to the Union Minister of State for Housing and Urban Affairs, the
Central government has disbursed Rs. 47,225 crore to states and union
territories for the Smart Cities Mission as of Nov 15, 2024, with Rs. 44,626
crore utilized.
Air India declared that it has placed an order for 34 trainer aircraft, which is
a key component of its initiative to initiate training for cadet pilots at its
flying training organization (FTO). This facility is anticipated to become
operational in the latter half of 2025.
JSW Infrastructure (JSW Infra) intends to increase its cargo handling
capacity to over 400 million tonnes per annum (mtpa), more than doubling
its current capacity, by the end of Financial Year 2030 (FY30). To achieve
this goal, the company has projected a capital expenditure of
approximately Rs. 30,000 crore during the period from FY25 to FY30.
Asian equity markets fell after the U.S. Federal Reserve indicated that it
would exercise caution regarding further interest rate reductions due to
concerns about inflation. Japanese markets closed above their lowest
points of the day, with the Japanese yen experiencing a decline and
government bonds displaying minimal response after the Bank of Japan
opted not to increase interest rates. Today (as on December 20), Asian
markets closed on a mixed note as investors digest inflation data out of
Japan and await an interest rate decision in China.While Nikkei rose by
0.37% and Hang Seng fell by 0.029% (as at 8 a.m. IST).
European equity markets fell as several markets declined to multi-week
lows, investors responded to the policy announcements and perspectives
regarding the economic outlook from both the Federal Reserve and the
Bank of England, while also processing the most recent set of economic
data from Europe and the U.S.
U.S. equity markets mostly fell as buying interest muted in the late trading
session. However, Wall Street experienced initial strength as certain
investors sought to acquire stocks at lower prices after the significant
losses incurred on 18th Dec, 2024, which resulted in the Dow reaching its
lowest closing level in more than a month.
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20 December 2024
Derivative Statistics- Nifty Options
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Nifty Dec 2024 Futures stood at 24,018.80, a premium of 67.10 points
above the spot closing of 23,951.70. The turnover on NSE’s Futures and
Options segment fell to Rs.6,197.62 crore on December 19, 2024,
compared with Rs. 5,64,694.41 crore on December 18, 2024.
The Put-Call ratio stood at 0.77 compared with the previous session’s close
of 0.91.
The Nifty Put-Call ratio stood at 0.74 compared with the previous session’s
close of 0.55.
Open interest on Nifty Futures stood at 13.87 million, compared with the
previous session’s close of 13.57 million.
Bond yields rose after the U.S. Federal Reserve flagged a slower pace of
policy easing in 2025, pointing to stable labor market and sticky inflation.
Yield on the 10-year benchmark paper (6.79% GS 2034) rose by 4 bps to close
at 6.79% as compared to the previous close of 6.75%.
RBI announced to conduct the auction of 7-day Variable Rate Repo for the
notified amount of Rs. 1,50,000 crore on Dec 20, 2024.
According to media report, Power Grid Corp of India plans to raise Rs. 4,250
crore by selling bonds maturing in 10 years.
The Indian rupee in the spot trade fell against the U.S. dollar due to negative
trends in domestic equities.
Euro rose against the U.S. dollar despite the Bank of England holding interest
rates at 4.75% as expected on 19th Dec, 2024.
Gold prices rose as investors looked forward to key U.S. data due this week
for more cues on monetary policy.
Brent crude oil prices (spot) fell on concerns about the outlook for oil
demand, especially from the world's second-largest economy, China.
The Bank of Japan decided to keep its key interest rates steady on 19th Dec,
2024, as policymakers expressed concerns regarding potential risks
associated with economic activity and inflation. During the policy board
meeting, the members cast their votes with an 8-1 majority in favor of
maintaining the uncollateralized overnight call rate at approximately 0.25%,
marking the highest level since late 2008. The Bank of Japan ended its
negative interest rate policy in Mar 2024 and last lifted the interest rate in
Jul 2024 to 0.25%. So far, the Bank of Japan has tightened the policy twice
this year.
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