Global Indices
Global Indices 21-Jun Prev_Day Abs. Change
% Change
Russell 3000 2,865 2,870 -5 -0.19
Nasdaq 17,689 17,722 -32 -0.18
FTSE 8,238 8,272 -35 -0.42
Nikkei 38,596 38,633 -37 -0.09
Hang Seng 18,029 18,335 -307 -1.67
Indian Indices 21-Jun Prev_Day Abs. Change
% Change
BSE Sensex 77,210 77,479 -269 -0.35
Nifty 50 23,501 23,567 -66 -0.28
Nifty 100 24,556 24,650 -94 -0.38
Nifty 500 22,236 22,305 -69 -0.31
Nifty Bank 51,661 51,783 -122 -0.24
BSE Power 7,816 7,808 8 0.10
BSE Small Cap 51,937 51,906 30 0.06
BSE HC 36,773 36,811 -38 -0.10
Date P/E Div. Yield P/E Div. Yield
21-Jun 23.32 1.20 22.34 1.29
Month Ago 23.66 1.25 21.52 1.24
Year Ago 23.46 1.30 21.96 1.40
Nifty 50 Top 3 Gainers
Company 21-Jun Prev_Day
% Change
Bharti Airtel 1416 1381 2.53
Hindalco 685 677 1.18
Infosys 1533 1515 1.14
Nifty 50 Top 3 Losers Domestic News
Company 21-Jun Prev_Day
% Change
BPCL 308 626 -50.88
Ultratech Cem 10662 10903 -2.21
Tata Motors 962 978 -1.68
Advance Decline Ratio
BSE NSE
Advances 1886 1166
Declines 2293 1451
Unchanged 159 59
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -11194
MF Flows** 184127
*21
st
Jun 2024; **19
th
Jun 2024
159
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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 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
4.20%
(Jan-24)
8.40%
(Dec-23)
Quarter Ago
Inflow/Outflow
6607
1248
5.09%
(Feb-24)
• Indian equity markets halted its record-breaking rally and closed in red amid
weak global cues. After opening higher, the key benchmark indices fell as
investors booked profit at higher levels as sentiments were weighed
following the rise in crude oil prices along with an escalation in trade
tensions between the European Union and China.
• Key benchmark indices BSE Sensex and Nifty 50 lost 0.35% and 0.28% to
close at 77,209.90 and 23,501.10 respectively.
• The overall market breadth on BSE was weak with 1,784 scrips advancing
and 2,086 scrips declining. A total of 117 scrips remained unchanged.
• On the BSE sectoral front, BSE Telecommunication was the major gainer, up
1.44% followed by BSE Teck, up 1.01% and BSE IT, up 0.74%. BSE Oil & Gas
was the major loser, down 1.28% followed by BSE FMCG, down 1.08% and
BSE Energy, down 1.02%.
• According to labour ministry, retail inflation for agricultural labourers and
rural workers in India remained flat at 7.7% and 7.02% in May 2024,
respectively, compared to 7.03% and 6.96% a month ago.
• India has set stock limits on chickpeas and pigeon peas in an attempt to
control prices and stop hoarding amid rising food prices brought on by
decreased supply due to drought and heat waves. The limits apply to
traders, businesses, and retailers, with specific caps such as 200 metric tons
for wholesalers and five metric tons for retailers.
• The Directorate General of Foreign Trade has implemented a new
automated system to create ad hoc input-output norms in an effort to
streamline foreign trade procedures. Under this program, exporters can
import duty-free raw materials to make goods that are intended for export
with prior authorization.
• Hindustan Zinc Ltd announced that it has teamed up with AEsir
Technologies, Inc, a US-based company specializing in advanced zinc battery
technologies, to work on the development of future zinc batteries. The
company has signed a memorandum of understanding (MoU) with AEsir
Technologies, Inc., a company that specialises in next-generation zinc
battery technologies, to be the preferred supplier of zinc, a key raw
material.
• Sun Pharmaceutical Industries announced that it has signed a licensing
agreement with Takeda Pharmaceutical Company to distribute a new
gastrointestinal medication in India. The company has entered into a non-
exclusive patent licensing agreement with Takeda to commercialise
Vonoprazan tablets in strengths of 10 and 20 mg in India.

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• Asian equity markets fell as new information revealed a lack of strength in
the U.S. economy, and there was an increase in Treasury yields due to
hawkish remarks from U.S. Federal Reserve officials. However, the optimism
that the slowing U.S. economy would constrain inflationary pressures and
lead the Federal Reserve to reduce its main interest rate later this year
helped to limit regional losses. Today (as on June 24), Asian markets opened
on a negative note as investors awaiting for the inflation data from Australia
and Japan later this week. While Nikkei rose 0.26%, Hang Seng fell 0.71% (as
at 8 a.m. IST).
• European equity markets closed lower as the latest Eurozone business
recovery slowed sharply in June which weighed on the market sentiments.
Additionally, investors looking ahead for the monetary policy decisions by
the central banks across the world.
• US equity markets mostly fell as investors opted for profit booking which
weighed on the market sentiments. Further, weakness in the IT stocks also
contributed to the downside.
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24 June 2024
Derivative Statistics- Nifty Options
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material.
• Nifty Jun 2024 Futures stood at 23,487.30, a discount of 13.80 points below
the spot closing of 23,501.10. The turnover on NSE’s Futures and Options
segment fell to Rs.8,555.51 crore on June 21, 2024, compared with Rs.
6,65,585.61 crore on June 20, 2024.
• The Put-Call ratio stood at 0.98 compared with the previous session’s close
of 0.89.
• The Nifty Put-Call ratio stood at 1.04 compared with the previous session’s
close of 1.14.
• Open interest on Nifty Futures stood at 15.31 million, compared with the
previous session’s close of 15.71 million.
• Bond yields fell marginally due to purchase by foreign investors and banks
that aided sentiment ahead of a crucial week where Indian bonds will be
included in JPMorgan's emerging market debt index.
• Yield on the 10-year benchmark paper (7.10% GS 2034) fell by 1 bps to close
at 6.97% as compared to the previous close of 6.98%.
• Reserve Bank of India conducted the auction of three government securities
namely 7.04% GS 2029 and 7.46% GS 2073 for a notified amount of Rs.
23,000 crore, which was completely accepted. The cut off price/implicit yield
at cut-off for 7.04% GS 2029 and 7.46% GS 2073 stood at Rs.
100.20/6.9899% and Rs. 105.29/7.0724%, respectively.
• RBI conducted the auction of 6-day Variable Rate Repo for the notified
amount of Rs. 1,00,000 crore for which amount of Rs. 1,00,005 crore was
accepted and the cut-off yield stood at 6.60%.
• The Indian rupee in the spot trade rose against the U.S. dollar following
inflow of foreign capital and greenback sales.
• Euro fell against the U.S. dollar after data showed a strong U.S. economy as
U.S. business activity hit a 26-month high in Jun 2024.
• Gold prices fell as the U.S. dollar and bond yields traded higher after data
showed that U.S. private sector activity accelerated in Jun 2024.
• Brent crude oil prices (spot) rose slightly on optimism about improving oil
demand.
• According to the Office for National Statistics, U.K. retail sales volume grew
2.9% on a monthly basis in May 2024, offsetting the 1.8% fall in Apr 2024.
The growth also exceeded economists' forecast of 1.5%.
• According to a survey, eurozone’s flash consumer confidence index rose to -
14.0 in Jun 2024 from -14.3 in May 2024.
• According to the Census and Statistics Department, Hong Kong’s consumer
price index, or CPI, climbed 1.2% YoY in May 2024, following a 1.1% rise in
Apr 2024, which was the weakest inflation since Jun 2021.
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