Global Indices
Global Indices 18-Jan Prev_Day Abs. Change
% Change
Russell 3000 1,774 1,797 -24 -1.32
Nasdaq 10,957 11,095 -138 -1.24
FTSE 7,831 7,851 -20 -0.26
Nikkei 26,791 26,139 652 2.50
Hang Seng 21,678 21,578 100 0.47
Indian Indices 18-Jan Prev_Day Abs. Change
% Change
S&P BSE Sensex 61,046 60,656 390 0.64
Nifty 50 18,165 18,053 112 0.62
Nifty 100 18,307 18,216 91 0.50
Nifty 500 15,466 15,396 70 0.46
Nifty Bank 42,458 42,235 223 0.53
S&P BSE Power 4,545 4,548 -3 -0.06
S&P BSE Small Cap 28,842 28,793 49 0.17
S&P BSE HC 23,117 22,997 120 0.52
Date P/E Div. Yield P/E Div. Yield
18-Jan 23.66 1.16 21.67 1.36
Month Ago 23.09 1.18 21.96 1.29
Year Ago 28.57 0.90 25.00 1.13
Nifty 50 Top 3 Gainers
Company 18-Jan Prev_Day
% Change
Hindalco 503 488 3.08
L&T Ltd. 2267 2213 2.41
United Phos 732 719 1.83
Nifty 50 Top 3 Losers Domestic News
Company 18-Jan Prev_Day
% Change
Tata Motors 408 415 -1.66
HDFC Standard Life Insurance Company Limited
601 609 -1.38
Ultratech Cem 7283 7378 -1.28
Advance Decline Ratio
BSE NSE
Advances 1873 1182
Declines 1638 1026
Unchanged 138 101
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -15878
MF Flows** 819
*18
th
Jan 2023; **5
th
Jan 2023
Economic Indicator
YoY(%) Current Year Ago
CPI
5.72%
(Dec-22)
5.66%
(Dec-21)
IIP
7.10%
(Nov-22)
1.00%
(Nov-21)
GDP
6.30%
(Sep-22)
8.40%
(Sep-21)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
19 January 2023
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
-0.70%
(Aug-22)
13.50%
(Jun-22)
Quarter Ago
Inflow/Outflow
529
1359
7.41%
(Sep-22)
• Domestic equity market extended the winning streak for the second
consecutive session on the back of buying in the metal and capital goods
stocks. The across-board buying participation provided the much needed
support to the markets. Marginal improvement in FIIs inflows and upside in
domestic investments too contributed to the upside.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.64% and
0.62% to close at 61,045.74 and 18,165.35 respectively.
• The overall market breadth on BSE was strong with 1,873 scrips advancing
and 1,638 scrips declining. A total of 138 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 2.44%
followed by S&P BSE Capital Goods, up 1.46% and S&P BSE Industrials, up
1.24%. S&P BSE Utilities was the major loser, down 0.45% followed by S&P
BSE Auto, down 0.07% and S&P BSE Realty, down 0.06%.
• According to reports, the government may increase the allocation for the
ongoing Production-Linked Incentive (PLI) schemes by as much as 20% to
30% in its upcoming budget. The objective of the move is to boost domestic
manufacturing and exports. There is also a possibility to bring some new
sectors under the PLI scheme.
• The government proposed changes to insolvency law. This includes fast-
tracking the process and expanding the scope of pre-packaged framework.
The Insolvency and Bankruptcy Code (IBC) came into existence in 2016 with
the objective of providing a market-linked and time-bound resolution of
stressed assets.
• The Ministry of Coal has set a target to produce more than one billion ton
(BT) coal during FY24. To achieve the target an in-depth review was carried
out by the Coal Secretary with all coal companies.
• The Directorate General of Foreign Trade (DGFT) simplified the process of
levying composition fee on exporters. The move comes amid a decline in
India’s outbound shipments. The objective of the move is to help exporters
achieve their export commitments.
• According to reports, Microsoft would bring down its workforce by 5%, or
10,000 employees, by the end of the third quarter of financial year 2022-23
(FY23) as the company braces for an economic downturn. The company’s
financial year runs from July to June.
• According to reports, drug maker Lupin has launched a combination drug
for patients with heart failure conditions.
• Asian markets ended on mostly higher note despite gains on Wall Street.
Meanwhile, Japanese markets leading regional gains as the yen plunged on
dovish signals from the Bank of Japan. Today (as on Jan 19), Asian equity
markets fell following losses in the U.S. equity market. Both Nikkei and Hang
Seng fell by 1.03% and 0.76% (as at 8 a.m. IST) respectively.
• European equity markets were little changed as market participants awaited
more U.S. economic data and earnings this week for directional cues.
• U.S. equity markets fell following a steep drop in U.S. retail sales in Dec
2022. Market sentiments were further dampened after industrial
production more than expected in the same month. However, further losses
were restricted after U.S. producer prices fell more than expected Dec 2022.
Markets for You
FII Derivative Trade Statistics 18-Jan
(Rs Cr) Buy
Sell Open Int.
Index Futures 3802.33 2313.88 14615.66
Index Options 1381993.10 1381498.90 212020.50
Stock Futures 10323.71 9475.22 142775.94
Stock Options 12067.58 11883.85 12066.86
Total 1408186.72 1405171.85 381478.96
18-Jan Prev_Day
Change
Put Call Ratio (OI) 1.35 1.16 0.19
Put Call Ratio(Vol) 1.10 1.00 0.10
18-Jan Wk. Ago Mth. Ago
Year Ago
Call Rate 6.21% 6.06% 6.40% 3.61%
T-Repo 6.03% 5.97% 6.39% 3.66%
Repo 6.25% 6.25% 6.25% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 6.40% 6.38% 6.39% 3.55%
364 Day T-Bill 6.89% 6.85% 6.83% 4.38%
10 Year Gilt 7.32% 7.29% 7.28% 6.61%
G-Sec Vol. (Rs.Cr) 31699 45349 27534 26824
FBIL MIBOR 6.24% 6.09% 6.44% 3.68%
3 Month CP Rate 7.25% 7.11% 6.95% 4.00%
5 Year Corp Bond 7.76% 7.65% 7.77% 6.57%
1 Month CD Rate 6.61% 6.36% 6.89% 3.53%
3 Month CD Rate 7.14% 7.08% 6.87% 3.80%
1 Year CD Rate 7.78% 7.77% 7.41% 4.60%
Currency 18-Jan Prev_Day
Change
USD/INR 81.65 81.77 -0.12
GBP/INR 100.34 99.76 0.57
EURO/INR 88.06 88.56 -0.51
JPY/INR 0.62 0.64 -0.01
Commodity 18-Jan Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 79.48 77.41 74.09 85.37
Brent Crude($/bl) 87.96 82.47 81.85 90.17
Gold( $/oz) 1904 1876 1792 1814
Gold(Rs./10 gm) 56503 55892 53758 47943
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
19 January 2023
Derivative Statistics- Nifty Options
Disclaimer:
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material.
• Nifty Jan 2023 Futures stood at 18,199.15, a premium of 33.80 points above
the spot closing of 18,165.35. The turnover on NSE’s Futures and Options
segment rose to Rs. 2,52,668.79 crore on January 18, 2023, compared with
Rs. 2,29,144.99 crore on January 17, 2023.
• The Put-Call ratio stood at 0.98 compared with the previous session’s close
of 0.96.
• The Nifty Put-Call ratio stood at 1.35 compared with the previous session’s
close of 1.16.
• Open interest on Nifty Futures stood at 13.8 million, compared with the
previous session’s close of 13.54 million.
• Bond yields fell marginally tracking global counterparts, following the Bank
of Japan's (BOJ) policy decision to retain its yield curve control targets.
• Yield on the 10-year benchmark paper (7.26% GS 2032) fell 1 bps to close at
7.32% from the previous close of 7.33%.
• Data from Reserve Bank of India showed that reserve money grew 10.2% on
a yearly basis for the week ended Jan 13, 2023 compared to an increase of
13.1% in the same period of the previous year. The currency in circulation
grew 8.17% on a yearly basis for the week ended Jan 13, 2023 compared to
an increase of 7.95% in the same period of the previous year.
• The Indian rupee in the spot trade gained against the U.S. dollar tracking
rebound in Asian currencies. Moreover, market participants witnessed some
dollar inflows, added to the upside.
• Euro rose against the U.S. dollar after the Bank of Japan maintained ultra-
low interest rates.
• Gold prices fell as key members of the U..S Federal Reserve signaled their
intent to keep pushing interest rates higher to combat inflation.
• Brent crude oil prices rose on optimism over lifting of China’s strict Covid-19
restrictions.
• The Bank of Japan (BoJ) decided to keep its yield curve control policy
unchanged in its monetary policy review. BoJ also decided to maintain a
negative interest rate of -0.1% on current accounts that financial institutions
maintain at the central bank.
• Data from Eurostat showed that Eurozone construction output contracted
for the first time in three months in Nov 2022. Eurozone construction output
fell 0.8% on a monthly basis in Nov 2022 following a 1.0% increase in Oct
2022.
• Data from the U.S. Commerce Department showed that business inventories
in U.S. rose 0.4% in Nov 2022 following a revised 0.2% increase in Oct 2022
(0.3% increase originally reported for the previous month).
Markets for You
