Global Indices
Global Indices 10-Jun Prev_Day Abs. Change
% Change
Russell 3000 2,777 2,766 10 0.37
Nasdaq 17,193 17,133 59 0.35
FTSE 8,228 8,245 -17 -0.20
Nikkei 39,038 38,684 354 0.92
Hang Seng
[1]
18,367 18,477 -110 -0.59
Indian Indices 10-Jun Prev_Day Abs. Change
% Change
BSE Sensex 76,490 76,693 -203 -0.27
Nifty 50 23,259 23,290 -31 -0.13
Nifty 100 24,271 24,266 5 0.02
Nifty 500 21,808 21,764 44 0.20
Nifty Bank 49,781 49,803 -22 -0.04
BSE Power 7,694 7,665 29 0.38
BSE Small Cap 49,239 48,732 508 1.04
BSE HC 36,580 36,302 278 0.77
Date P/E Div. Yield P/E Div. Yield
10-Jun 23.11 1.13 22.12 1.22
Month Ago 23.25 1.22 21.33 1.36
Year Ago 23.16 1.32 21.62 1.45
Nifty 50 Top 3 Gainers
Company 10-Jun Prev_Day
% Change
Shree Cements Limited 27240 26078 4.46
Ultratech Cem 10826 10463 3.47
Grasim Indus 2447 2380 2.81
Nifty 50 Top 3 Losers Domestic News
Company 10-Jun Prev_Day
% Change
Tech Mahindra 1340 1378 -2.70
Infosys 1500 1534 -2.21
Wipro 475 485 -1.92
Advance Decline Ratio
BSE NSE
Advances 2590 1729
Declines 1416 932
Unchanged 123 62
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -32802
MF Flows** 167134
*10
th
Jun 2024; **6
th
Jun 2024
Economic Indicator
YoY(%) Current Year Ago
CPI
4.83%
(Apr-24)
4.70%
(Apr-23)
IIP
4.90%
(Mar-24)
1.90%
(Mar-23)
GDP
7.80%
(Mar-24)
6.20%
(Mar-23)
[1]
Data as on 07 Jun, 2024
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 June 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
4.40%
(Dec-23)
8.40%
(Dec-23)
Quarter Ago
Inflow/Outflow
4602
5356
5.10%
(Jan-24)
• Indian equity markets fell slightly in the wake of poor global cues, as
investors locked in some profits. A stronger-than-expected U.S. jobs report
pushed Treasury yields higher and cast doubt on the U.S. Fed's ability to
lower interest rates this year, which made the mood around the world
tense. In addition, investors were waiting for guidance from this week's
Federal Reserve meeting and the release of U.S. inflation data.
• Key benchmark indices BSE Sensex and Nifty 50 lost 0.27% and 0.13% to
close at 76,490.08 and 23,259.20 respectively.
• The overall market breadth on BSE was strong with 2,590 scrips advancing
and 1,416 scrips declining. A total of 123 scrips remained unchanged.
• On the BSE sectoral front, BSE Realty was the major gainer, up 1.34%
followed by BSE Commodities, up 1.28% and BSE Utilities, up 1.11%. BSE IT
was the major loser, down 1.5% followed by BSE Teck, down 1.2% and BSE
Metal, down 0.34%.
• According to reports, Indian traders who have been conducting cross-
border business with China since 1992 through the Lipulekh pass in the
Pithoragarh area have asked the central government to look into the
possibility of starting up again with Beijing. The trade route was closed
rather suddenly after the outbreak of the Covid-19 pandemic in 2019,
forcing Indian traders to return from the Taklakot mart in Tibet leaving
behind their woollen products.
• According to media reports, over the last four fiscal years, India's exports of
passenger cars increased by 2.68 lakh units, with Maruti Suzuki India
contributing almost 70% of the additional shipments during that time.
Industry data indicates that 4,04,397 passenger vehicles were exported
during the 2020–21 fiscal year. In the fiscal year 2021–2022 and the
financial year 2022–2023, it increased to 5,77,875 units and 6,62,703 units,
respectively.
• According to reports, consumption spending in marginalized groups like
Scheduled Castes, Scheduled Tribes, and Other Backward Classes has seen
a faster annual growth rate of 9.2% between 2011-12 and 2022-23,
indicating a decline in consumption inequity between upper and lower
castes in India. The monthly per capita consumption of these groups nearly
tripled in rural areas.
• Belcan, a digital engineering firm, will be acquired by information
technology services provider Cognizant Technologies for around $1.3
billion in cash and equity. The deal would expand Teaneck, New Jersey-
based Cognizant's footprint in the aerospace, defence, space and
automotive sectors.
• JSW Energy announced that work on a one gigawatt-hour (GWh) battery
energy storage system project in Rajasthan's Fatehgarh had begun. The
company bagged the project from Solar Energy Corporation of India
Limited (SECI) recently.
• Asian equity markets mostly fell as markets in China, Hong Kong and
Australia closed for public holidays. The Japanese market rose after
government data showed Japan's economy contracted less than initially
reported in Jan-Mar 2024, due to upgrades in capital expenditure. Today
(as on June 11), Asian markets opened mixed ahead of the U.S. Fed and
Bank of Japan decisions this week. Nikkei rose by 0.46% and Hang Seng fell
by 1.37% (as at 8 a.m. IST).
• European equity markets fell, weighed down by political concerns. In
addition, investors exercised some caution as they anticipated the U.S.
Federal Reserve's monetary policy statement and the important U.S.
consumer price inflation data that was scheduled for release later this
week.
• U.S. equity markets closed on a mixed note ahead of other important
events later this week, including the Federal Reserve's monetary policy
meeting, as investors appeared hesitant to make more substantial changes.
On 12th Jun, 2024, the Fed is slated to make its most recent monetary
policy announcement. It is largely anticipated that interest rates will remain
steady.
Markets for You
FII Derivative Trade Statistics
10-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 9321.74 3658.79 30957.83
Index Options 1427211.65 1432276.53 356420.40
Stock Futures 34384.35 29876.59 283800.67
Stock Options 62384.82 62866.64 46592.92
Total 1533302.56 1528678.55 717771.82
10-Jun Prev_Day
Change
Put Call Ratio (OI) 0.97 1.04 -0.07
Put Call Ratio(Vol) 0.94 0.74 0.20
10-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 6.51% 6.46% 6.73% 6.61%
T-Repo 6.44% 6.32% 6.71% 6.44%
Repo 6.50% 6.50% 6.50% 6.50%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 6.83% 6.80% 7.00% 6.75%
364 Day T-Bill 7.00% 7.05% 7.03% 6.85%
10 Year Gilt 7.03% 6.94% 7.08% 7.04%
G-Sec Vol. (Rs.Cr) 34594 81669 63333 46816
FBIL MIBOR 6.60% 6.52% 6.80% 6.70%
3 Month CP Rate 7.15% 7.18% 7.37% 6.98%
5 Year Corp Bond 7.60% 7.58% 7.68% 7.49%
1 Month CD Rate 7.03% 7.05% 7.24% 6.84%
3 Month CD Rate 7.15% 7.24% 7.37% 6.93%
1 Year CD Rate 7.66% 7.65% 7.56% 7.33%
Currency 10-Jun Prev_Day
Change
USD/INR 83.49 83.43 0.07
GBP/INR 106.14 106.66 -0.53
EURO/INR 89.78 90.84 -1.07
JPY/INR 0.53 0.54 -0.01
Commodity 10-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 78.65 75.16 79.61 70.11
Brent Crude($/bl) 80.69 77.59 84.53 76.29
Gold( $/oz) 2311 2350 2360 1961
Gold(Rs./10 gm) 70855 71486 72886 59714
Source: Refinitiv
[1]
Data as on 07 Jun, 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
11 June 2024
Derivative Statistics- Nifty Options
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material.
• Nifty Jun 2024 Futures stood at 23,247.15, a discount of 12.05 points below
the spot closing of 23,259.20. The turnover on NSE’s Futures and Options
segment fell to Rs.8,733.24 crore on June 10, 2024, compared with Rs.
5,34,585.41 crore on June 07, 2024.
• The Put-Call ratio stood at 0.9 compared with the previous session’s close of
0.78.
• The Nifty Put-Call ratio stood at 0.97 compared with the previous session’s
close of 1.15.
• Open interest on Nifty Futures stood at 13.79 million, compared with the
previous session’s close of 14.55 million.
• Bond yields rose tracking U.S. Treasury yields, after stronger-than-expected
U.S. job growth data dampened the expectation of interest rate cuts by the
U.S. Federal Reserve.
• Yield on the 10-year benchmark paper (7.10% GS 2034) rose by 1 bps to close
at 7.03% as compared to the previous close of 7.02%.
• Reserve Bank of India announced the sale (re-issue) of three dated securities
namely New GS 2031, 7.23% GS 2039 and 7.34% GS 2064 for a notified
amount of Rs. 34,000 crore. The auction will be conducted on Jun 14, 2024.
• The Indian rupee in the spot trade fell against the U.S. dollar due to rise in
U.S. bond yields and negative trends in the domestic equity market.
• Euro fell against the U.S. dollar due to political uncertainty.
• Gold prices rose as investors awaited U.S. inflation data and the Federal
Reserve’s decision on interest rates later this week.
• Brent crude oil prices (spot) rose amid optimism about the outlook for
energy demand.
• According to reports, the Bank of Japan said the country’s overall bank
lending in Japan was up 3.0% on the year in May 2024. That was shy of
expectations for an increase of 3.1%, which would have been unchanged
from the Apr 2024 reading.
• According to the Cabinet Office, Japan’s gross domestic product contracted
a seasonally adjusted 0.5% on quarter in the first quarter of 2024. GDP was
up 0.1% in the fourth quarter of 2023.
Markets for You
