Global Indices
Global Indices 09-Feb Prev_Day Abs. Change
% Change
Russell 3000 2,604 2,577 27 1.06
Nasdaq 15,991 15,794 197 1.25
FTSE 7,573 7,595 -23 -0.30
Nikkei 36,897 36,863 34 0.09
Hang Seng 15,747 15,878 -131 -0.83
Indian Indices 09-Feb Prev_Day Abs. Change
% Change
S&P BSE Sensex 71,595 71,428 167 0.23
Nifty 50 21,783 21,718 65 0.30
Nifty 100 22,248 22,203 45 0.20
Nifty 500 19,962 19,988 -26 -0.13
Nifty Bank 45,635 45,012 623 1.38
S&P BSE Power 6,487 6,559 -72 -1.10
S&P BSE Small Cap 45,650 46,280 -630 -1.36
S&P BSE HC 34,932 34,814 117 0.34
Date P/E Div. Yield P/E Div. Yield
9-Feb 24.46 1.14 22.51 1.24
Month Ago 25.26 1.12 22.97 1.29
Year Ago 23.21 1.19 21.11 1.41
Nifty 50 Top 3 Gainers
Company 09-Feb Prev_Day
% Change
Grasim Indus 2169 2057 5.41
SBI 725 700 3.67
Sun Pharma 1535 1500 2.35
Nifty 50 Top 3 Losers Domestic News
Company 09-Feb Prev_Day
% Change
Indian Oil 183 192 -5.15
M&M 1646 1686 -2.34
ONGC 268 273 -2.05
Advance Decline Ratio
BSE NSE
Advances 1451 798
Declines 2712 1731
Unchanged 137 63
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -28818
MF Flows** 23160
*9
th
Feb 2024; **7
th
Feb 2024
Economic Indicator
YoY(%) Current Year Ago
CPI
5.69%
(Dec-23)
5.72%
(Dec-22)
IIP
2.40%
(Nov-23)
7.60%
(Nov-22)
GDP
7.60%
(Sep-23)
6.20%
(Sep-22)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
12 February 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
10.90%
(Aug-23)
7.80%
(Jun-23)
Quarter Ago
Inflow/Outflow
-472
-4045
5.02%
(Sep-23)
• Indian equity markets witnessed a volatile trading session and managed to
close in green with modest gains. The key benchmark indices were
supported by purchasing across the banking and financial services, pharma
and fast-moving consumer goods stocks. Market participants followed a
cautious approach ahead of the release of the domestic, U.S. and U.K.
inflation data for further cues.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.23% and 0.3%
to close at 71,595.49 and 21,782.50 respectively.
• The overall market breadth on BSE was weak with 1,270 scrips advancing
and 2,573 scrips declining. A total of 89 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 1.48%
followed by S&P BSE Consumer Durables, up 0.51% and S&P BSE Financial
Services, up 0.37%. S&P BSE Oil & Gas was the major loser, down 1.97%
followed by S&P BSE Metal, down 1.62% and S&P BSE Telecommunication,
down 1.45%.
• The Reserve Bank of India has announced plans to strengthen security
measures for the Aadhaar-enabled payment system (AePS) in order to
reduce the risk of fraud. The absence of two-factor authentication is
currently a source of concern because it leaves users vulnerable, particularly
those who are older. With this move, more fraud prevention measures like
timed OTP authentication may be implemented.
• The Reserve Bank of India (RBI) is stepping up its efforts to roll out its
Central Bank Digital Currency (CBDC) by adding new features to improve its
functionality. Programmability and offline functionality are being added to
the digital currency by the RBI as part of the CBDC pilot program.
• The Cabinet approved the next round of spectrum auctions that are
scheduled for later this year with a reserve price of Rs. 96,317 crore. All the
available spectrum in 800, 900, 1800, 2100, 2300, 2500, 3300 megahertz
and 26 gigahertz bands will be put to auction. The reserve prices for
different bands have been updated using appropriate indexation, per the
advice of the Telecom Regulatory Authority of India.
• The Minister of State for Commerce and Industry informed Parliament that
during the last five years, up until Jan 31, 2024, the central government has
released approximately Rs. 15,948 crore under various schemes to various
sugar mills to improve their liquidity for clearing farmers' cane price dues.
• MRF announced a 191% YoY increase in its net profit for the Q3FY24, which
came to Rs 509.71 crore. In the same period last year, it was valued at Rs
174.83 crore. The revenue from operations for the said quarter increased by
9% YoY to Rs 6,162.46 crore from Rs 5,644.55 crore reported by the
company in the year-ago period.
• Biocon recorded a net profit of Rs 660 crore in Q3FY24 because of the
acquisition of Viatris' biosimilars business. During the same quarter last year,
the company recorded a loss of Rs 42 crore. Revenue grew 50% YoY to Rs
4519 crore.

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• Asian equity markets closed on a mixed note as China, Indonesia, Taiwan and
South Korea closed for a public holiday. Hong Kong’s market fell on worries
regarding China's faltering economy and increased political turmoil in the
conflict Middle East. However, the Japanese equity market rose after
Japan’s central bank governor said that even if the Bank of Japan abandons
its negative interest rate policy, rapid rate hikes are uncertain. Both Nikkei
and Hang Seng closed for public holiday.
• European equity markets fell as investors digested mixed earning reports.
Sentiment was affected by escalating global tensions and uncertainty about
central banks' plans to decrease interest rates. On the economic front, data
reported that Germany's consumer price inflation softened to the lowest
level in just over two-and-a-half years, as initially estimated in Jan 2024.
• U.S. equity markets rose after a favorable response to Labor Department
data indicating a slight downward revision to Dec’s 2023 consumer price
growth. In contrast to the previously reported 0.3% increase, the updated
figures indicated that the consumer price index increased by 0.2% in Dec
2023.
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12 February 2024
Derivative Statistics- Nifty Options
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material.
• Nifty Feb 2024 Futures stood at 21,842.60, a premium of 60.10 points above
the spot closing of 21,782.50. The turnover on NSE’s Futures and Options
segment fell to Rs.10,745.25 crore on February 09, 2024, compared with Rs.
5,48,821.65 crore on February 08, 2024.
• The Put-Call ratio stood at 0.93 compared with the previous session’s close
of 1.05.
• The Nifty Put-Call ratio stood at 1 compared with the previous session’s
close of 0.81.
• Open interest on Nifty Futures stood at 13.04 million, compared with the
previous session’s close of 13.57 million.
• Bond yields rose as the Reserve Bank of India did not provide any major
indication of rate cut in its recently conducted monetary policy meeting.
Market participants awaited for domestic and U.S. retail inflation data of Jan
2024 for further cues.
• Yield on the 10-year benchmark paper (7.18% GS 2033) rose by 3 bps to close
at 7.11% as compared to the previous close of 7.08%.
• Reserve Bank of India announced the auction of 91 days, 182 days and 364
days Treasury Bills for an aggregate amount of Rs. 27,200 crore. The auction
would be carried out on Feb 14, 2024.
• Reserve Bank of India announced the auction of government securities for
nine states for a notified amount of Rs. 17,500 crore. The auction would be
carried out on Feb 13, 2024.
• The Indian rupee in the spot trade fell against the U.S. dollar due to strong
greenback demand.
• Euro rose against the U.S. dollar despite investors' bets that the U.S. Federal
Reserve will keep interest rates higher for an extended period of time.
• Gold prices fell amid bets that the U.S. Federal Reserve will maintain higher
interest rates for longer.
• Brent crude oil prices rose after data from the Energy Information
Administration (EIA) showed a significant decline in U.S. gasoline inventories.
• According to Destatis, Germany’s consumer price index registered an annual
increase of 2.9% in Jan 2024, slower than the 3.7% rise in Dec 2023. Food
price inflation moderated to 3.8% from 4.6% a month ago.
• According to reports, Japan’s M2 money stock is expected to rise 2.2% a year
in Jan 2024, easing from 2.3% in Dec 2023.
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