Global Indices
Global Indices 27-Jun Prev_Day Abs. Change
% Change
Russell 3000 2,890 2,882 8 0.27
Nasdaq 17,859 17,805 54 0.30
FTSE 8,180 8,225 -46 -0.56
Nikkei 39,342 39,667 -326 -0.82
Hang Seng 17,716 18,090 -373 -2.06
Indian Indices 27-Jun Prev_Day Abs. Change
% Change
BSE Sensex 79,243 78,674 569 0.72
Nifty 50 24,045 23,869 176 0.74
Nifty 100 25,027 24,867 159 0.64
Nifty 500 22,537 22,437 101 0.45
Nifty Bank 52,811 52,871 -59 -0.11
BSE Power 7,960 7,824 136 1.74
BSE Small Cap 51,842 52,141 -299 -0.57
BSE HC 36,769 36,690 79 0.22
Date P/E Div. Yield P/E Div. Yield
27-Jun 24.11 1.15 22.86 1.24
Month Ago 23.97 1.25 21.85 1.28
Year Ago 23.43 1.30 21.90 1.44
Nifty 50 Top 3 Gainers
Company 27-Jun Prev_Day
% Change
Ultratech Cem 11717 11143 5.15
Grasim Indus 2638 2552 3.34
NTPC 377 365 3.31
Nifty 50 Top 3 Losers Domestic News
Company 27-Jun Prev_Day
% Change
L&T Ltd. 3564 3603 -1.07
Bajaj Auto 9417 9475 -0.60
Eicher Motors Limited 4714 4740 -0.55
Advance Decline Ratio
BSE NSE
Advances 1552 882
Declines 2615 1759
Unchanged 114 48
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -4557
MF Flows** 183939
*27
th
Jun 2024; **25
th
Jun 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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
28 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
-534
1513
5.09%
(Feb-24)
• Indian equity markets rallied for the fourth consecutive session despite
weak cues from global markets. The key benchmark indices recovered from
initial losses and progressed to hit fresh milestones supported by
information technology and energy stocks.
• Key benchmark indices BSE SENSEX and Nifty 50 gained 0.72% and 0.74% to
close at 79,243.18 and 24,044.50 respectively.
• The overall market breadth on BSE was weak with 1,434 scrips advancing
and 2,463 scrips declining. A total of 111 scrips remained unchanged.
• On the BSE sectoral front, BSE Power was the major gainer, up 1.74%
followed by BSE Information Technology, up 1.65% and BSE Teck, up 1.59%.
BSE Industrials was the major loser, down 0.27% followed by BSE Capital
Goods, down 0.07% and BSE Consumer Durables, down 0.06%.
• According to the Central Board of Indirect Taxes and Customs, multinational
companies that provide Employee Stock Purchase Plans (ESPPs), Employee
Stock Option Plans (ESOPs) or Restricted Stock Units (RSUs) without
additional charges will not be subject to GST.
• According to latest data released by the National Statistical Office, around
110,665 new subscribers joined the National Pension System in Apr 2024,
among them 79,876 subscribers belonged to the state governments, while
20,539 subscribers belonged to the central government and only 10,250
subscribers belonged to the corporate segment.
• The RBI in collaboration with the Indian government have released an
updated framework on currency swap agreements with South Asian
Association for Regional Cooperation countries for the years 2024 to 2027
in order to address short-term foreign exchange liquidity needs or balance
of payments crises.
• Apple has revealed that it will make the "Apple Diagnostics for Self Service
Repair" software available to users in 32 European countries, such as the UK,
France, and Germany. This software, which was introduced in the US last
year, enables users to assess parts on their iPhone that might require repair
and ensure they are functioning properly. In countries outside of Europe,
only Apple Authorised Service Providers and specific independent repair
providers are permitted by Apple to utilize this software.
• Mahindra and Mahindra (M&M) are expected to outperform Tata Motors
and Maruti Suzuki in the passenger vehicle (PV) sector by Jun 2024 due to a
low base.

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• Asian equity markets fell as China's industrial profits data disappointed in
the first five months of 2024. The Hong Kong market experienced a decline
as a result of the negative performance of technology stocks. The Japanese
market fell as investors were closely monitoring for any potential
government involvement in the currency market. Today (as on June 28),
Asian markets opened higher as investors assessed the key inflation data
from Japan and awaiting for the latest U.S. inflation data. Both Nikkei and
Hang Seng rose by 0.99% and 0.07% respectively (as at 8 a.m. IST).
• European markets closed on largely negative note as the higher bond yields
weighed on the market sentiments. Concerns for the latest inflation data
and uncertainty about the outlook for central bank’s interest rate also
contributed to the downside.
• US equity markets fell as investors looking ahead to the annual rate of
consumer price growth data which will provide strong insights on the
outlook for interest rates. Further, release of U.S. unemployment benefits
data which fell by more than expected also added volatility in the markets.
Markets for You
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28 June 2024
Derivative Statistics- Nifty Options
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The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third party sources
and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since Nippon Life India Asset
Management Limited (NAM India) has not independently verified the accuracy or authenticity of such information or data, or for that matter the reasonableness of the assumptions upon which such data and information
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material.
• Nifty Jun 2024 Futures settled at spot closing of 24,044.50. Nifty Jul 2024
Futures stood at 24,194.30, a premium of 149.8 points, above the spot
closing. The turnover on NSE’s Futures and Options segment fell to
Rs.8,165.99 crore on June 27, 2024, compared with Rs.6,48,302.65 crore on
June 26, 2024.
• The Put-Call ratio stood at 0.97 compared with the previous session’s close
of 0.9.
• The Nifty Put-Call ratio stood at 1.26 compared with the previous session’s
close of 1.31.
• Open interest on Nifty Futures stood at 19.86 million, compared with the
previous session’s close of 17.04 million.
• Bond yields mostly remained unchanged before the inclusion of domestic
bonds in the JPMorgan emerging market debt index.
• 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 announced to conduct the auction of 3-day Variable Rate Repo for the
notified amount of Rs. 50,000 crore on Jun 28, 2024.
• The Indian rupee in the spot trade rose against the U.S. dollar following rise
in the domestic equity markets.
• Euro rose against the U.S. dollar ahead of U.S. inflation data that could
prompt the U.S. Federal Reserve to cut interest rates more than markets
currently anticipate.
• Gold prices rose as investors awaited U.S. inflation data to gain
understanding of when the U.S. Federal Reserve might lower interest rates.
• Brent crude oil prices (spot) rose as heightened geopolitical tensions in the
Middle East offset official data showing a surprise inventory build.
• According to the National Bureau of Statistics, China’s industrial profits
posted an annual growth of 3.4% in the first five months of 2024. This
compares to the 4.3% growth seen in the Jan to Apr period.
• According to the Labor Department, U.S. initial jobless claims dropped to
233,000 in the week ended Jun 22nd, 2024, a decrease of 6,000 from the
previous week's revised level of 239,000.
• According to the Commerce Department, U.S. gross domestic product
jumped by 1.4% in the first quarter of 2024 compared to the previously
estimated 1.3% increase. The upward revision matched economists'
estimates. The GDP growth in the first quarter still reflects a notable
slowdown compared to the 3.4% surge in the fourth quarter of 2023.
Markets for You