Global Indices
Global Indices 04-Jul Prev_Day Abs. Change
% Change
Russell 3000
[1]
2,942 2,917 25 0.86
Nasdaq
[1]
18,188 18,029 160 0.88
FTSE 8,241 8,171 70 0.86
Nikkei 40,914 40,581 333 0.82
Hang Seng 18,028 17,979 50 0.28
Indian Indices 04-Jul Prev_Day Abs. Change
% Change
BSE Sensex 80,050 79,987 63 0.08
Nifty 50 24,302 24,287 16 0.06
Nifty 100 25,343 25,307 36 0.14
Nifty 500 22,914 22,851 63 0.28
Nifty Bank 53,104 53,089 14 0.03
BSE Power 7,996 7,976 21 0.26
BSE Small Cap 53,775 53,442 333 0.62
BSE HC 37,866 37,429 438 1.17
Date P/E Div. Yield P/E Div. Yield
4-Jul 24.35 1.14 23.13 1.22
Month Ago 21.77 1.21 20.81 1.31
Year Ago 24.23 1.26 22.59 1.38
Nifty 50 Top 3 Gainers
Company 04-Jul Prev_Day
% Change
HCL Tech 1522 1481 2.79
ICICI Bank 1233 1202 2.61
Tata Motors 998 976 2.31
Nifty 50 Top 3 Losers Domestic News
Company 04-Jul Prev_Day
% Change
HDFC Bank 1727 1769 -2.35
Bajaj Finance 7107 7259 -2.09
Wipro 531 539 -1.54
Advance Decline Ratio
BSE NSE
Advances 2117 1475
Declines 1821 1192
Unchanged 83 61
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 5651
MF Flows** 195959
*4
th
Jul 2024; **2
nd
Jul 2024
Economic Indicator
YoY(%) Current Year Ago
CPI
4.75%
(May-24)
4.31%
(May-23)
IIP
5.00%
(Apr-24)
4.60%
(Apr-23)
GDP
7.80%
(Mar-24)
6.20%
(Mar-23)
[1]
Data as on 03 Jul, 2024
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
05 July 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
4.20%
(Jan-24)
8.40%
(Dec-23)
Quarter Ago
Inflow/Outflow
1287
3899
5.09%
(Feb-24)
• Indian equity markets closed on a flat note as the key benchmark indices
gave up the early gains after reaching fresh highs and ended the session
with minor gains. Pharmaceutical and information technology sectors
benefited from the declining U.S. inflationary pressure, a better outlook for
QoQ earnings, and a significant fall in the U.S. Treasury yields. Market
sentiments were supported following the return of foreign institutional
investors to the domestic equity markets along with expectation of rate cut
in Sep 2024 by the U.S. Federal Reserve.
• Key benchmark indices BSE SENSEX and Nifty 50 gained 0.08% and 0.06%
to close at 80,049.67 and 24,302.15 respectively.
• The overall market breadth on BSE was strong with 2,117 scrips advancing
and 1,821 scrips declining. A total of 83 scrips remained unchanged.
• On the BSE sectoral front, BSE Healthcare was the major gainer, up 1.17%
followed by BSE Information Technology, up 1.12% and BSE Teck, up
0.98%. BSE Consumer Durables was the major loser, down 0.22% followed
by BSE Fast Moving Consumer Goods, down 0.15% and BSE Financial
Services, down 0.13%.
• The Food Corporation of India has purchased 26.6 million tonnes of wheat
during the current Rabi Marketing Season 2024-25, surpassing last year's
figure of 26.2 million tonnes. According to the government of India, over
2.2 million farmers have benefited from the procurement, which started
earlier than usual this year, and they received about Rs. 61 lakh crore
directly in their bank accounts as payment at the Minimum Support Price.
• India has begun an anti-dumping investigation into the import of Chinese
lift guide rails following a complaint by a domestic player. The purpose of
the duty is to shield domestic industries from low-cost imports.
• The Smart Cities Mission deadline has been extended until March 2025,
according to a statement released by the Union Housing and Urban Affairs
Ministry on Wednesday. This will enable cities to finish ongoing projects,
which make up about 10% of all projects. As of Jul 3, 2024, 100 cities have
completed 90% of projects worth Rs 1,44,237 crore, with remaining
projects in advanced stages.
• Bajaj Finance recorded a 10% YoY increase in new loan bookings, totalling
10.97 million in FY24, as compared to 9.94 million during the same period
in the previous fiscal year. As of Jun 30, 2024, the company had around Rs
62,750 crore in deposits, showing a 26% YoY increase from the Rs 49,944
crore recorded on Jun 30, 2023. The assets under management (AUM)
increased by 31% to around Rs 3,54,100 crore as of Jun 30, 2024, as
compared to Rs 2,70,097 crore on Jun 30, 2023. In the first quarter of the
financial year 2025, the assets under management increased by about Rs
23,500 crore.
• Vedanta Ltd. revealed increased production of steel, zinc, aluminium and
iron ore for the Jun quarter of 2024. However, during the quarter, there
was a decline in the production of gas and oil as well as mined metal from
abroad.
• Asian equity markets closed on a mixed note. The market rose as recent
indications of a declining U.S. economy have renewed optimism for
potential interest rate reductions in the near future. The Japanese market
rose as a weaker yen boosted automakers and other export-related stocks.
However, the Chinese market fell as property stocks plummeted ahead of
next week's Chinese political meeting. Today (as on July 05), Asian markets
opened higher as Japanese stocks continue to surge, reaching new record
highs amid mixed Asia-Pacific markets. Nikkei fell by 0.11% and Hang Seng
rose by 0.21% (as at 8 a.m. IST).
• European equity markets rose as investors are closely watching political
developments in the region and are anticipating the release of U.S. non-
farm payroll data scheduled on 5th Jul, 2024. Furthermore, the market
experienced an increase as attention shifted towards the upcoming general
election in the U.K.
• U.S. equity markets remained closed due to a public holiday.
Markets for You
FII Derivative Trade Statistics
04-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 7045.45 4558.11 36654.39
Index Options 2997924.03 3001830.63 307782.00
Stock Futures 34675.12 30077.44 311437.64
Stock Options 37497.76 38261.66 31002.51
Total 3077142.36 3074727.84 686876.54
04-Jul Prev_Day
Change
Put Call Ratio (OI) 1.03 1.24 -0.21
Put Call Ratio(Vol) 1.02 1.01 0.01
04-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 6.50% 6.72% 6.46% 6.38%
T-Repo 6.35% 6.71% 6.34% 6.30%
Repo 6.50% 6.50% 6.50% 6.50%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 6.73% 6.79% 6.85% 6.68%
364 Day T-Bill 6.92% 6.94% 6.97% 6.80%
10 Year Gilt 7.00% 6.99% 7.04% 7.12%
G-Sec Vol. (Rs.Cr) 35715 48294 121176 26846
FBIL MIBOR 6.55% 6.81% 6.54% 6.43%
3 Month CP Rate 7.15% 7.24% 7.16% 7.02%
5 Year Corp Bond 7.55% 7.55% 7.67% 7.77%
1 Month CD Rate 6.92% 7.14% 7.13% 6.86%
3 Month CD Rate 6.98% 7.19% 7.20% 6.88%
1 Year CD Rate 7.58% 7.54% 7.69% 7.36%
Currency 04-Jul Prev_Day
Change
USD/INR 83.50 83.53 -0.03
GBP/INR 106.45 105.96 0.49
EURO/INR 90.11 89.72 0.39
JPY/INR 0.52 0.52 0.00
Commodity 04-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
[1]
85.09 82.94 74.17 69.66
Brent Crude($/bl) 89.79 88.48 76.47 76.37
Gold( $/oz) 2356 2327 2328 1925
Gold(Rs./10 gm) 72169 71100 71969 58335
Source: Refinitiv
[1]
Data as on 03 Jul, 2024
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
05 July 2024
Derivative Statistics- Nifty Options
Disclaimer:
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material.
• Nifty Jul 2024 Futures stood at 24,359.45, a premium of 57.30 points above
the spot closing of 24,302.15. The turnover on NSE’s Futures and Options
segment fell to Rs.8,578.45 crore on July 04, 2024, compared with Rs.
4,05,193.96 crore on July 03, 2024.
• The Put-Call ratio stood at 1.01 compared with the previous session’s close
of 0.9.
• The Nifty Put-Call ratio stood at 1.03 compared with the previous session’s
close of 1.24.
• Open interest on Nifty Futures stood at 16.07 million, compared with the
previous session’s close of 15.97 million.
• Bond yields mostly remained unchanged, despite decline in U.S. Treasury
yields, as market participants awaited for the supply of fresh debt.
• Yield on the 10-year benchmark paper (7.10% GS 2034) was unchanged to
close at 7.00% as compared to the previous day’s close.
• RBI conducted the auction of Overnight Variable Rate Reverse Repo for the
notified amount of Rs. 50,000 crore for which amount of Rs. 33,020 crore
was accepted and the cut-off yield stood at 6.49%.
• RBI announced to conduct the auction of 3-day Variable Rate Reverse Repo
for the notified amount of Rs. 1,05,000 crore on Jul 05, 2024.
• The Indian rupee in the spot trade rose slightly against the U.S. dollar,
tracking the rise of other Asian peers amid a decline in U.S. bond yields.
• Euro rose against the U.S. dollar following the release of U.S. economic data
that was milder than anticipated, there is optimism that the U.S. Federal
Reserve may consider lowering interest rates in Sep 2024.
• Gold prices rose marginally after softer-than-expected U.S. economic data
fueled hopes that the U.S. Federal Reserve could cut interest rates as soon as
Sep 2024.
• Brent crude oil prices (spot) edged up despite employment and business
activity data in the U.S. were lower than anticipated, indicating a potential
slowdown in the economy of the leading oil-consuming country in the world.
• According to a survey, U.K. construction Purchasing Managers' Index posted
52.2 in Jun 2024, down from 54.7 in May 2024. A reading above 50.0 signals
expansion. The score was seen at 53.6.
• According to a survey, Germany’s construction Purchasing Managers' Index
rose to 39.7 in Jun 2024 from 38.5 in May 2024. The score was firmly below
the neutral 50.0 mark but hit the highest since Aug 2023.
• According to the Society of Motor Manufacturers & Traders, U.S. new car
registrations grew by 1.1% YoY in Jun 2024 to reach 179,263 units.
Markets for You
