Global Indices
Global Indices 21-Nov Prev_Day Abs. Change
% Change
Russell 3000 3,109 3,100 9 0.28
Nasdaq 18,972 18,966 6 0.03
FTSE 8,149 8,085 64 0.79
Nikkei 38,026 38,352 -326 -0.85
Hang Seng 19,601 19,705 -104 -0.53
Indian Indices 21-Nov Prev_Day Abs. Change
% Change
BSE Sensex 77,156 77,578 -423 -0.54
Nifty 50 23,350 23,519 -169 -0.72
Nifty 100 24,135 24,375 -240 -0.98
Nifty 500 21,821 22,004 -184 -0.83
Nifty Bank 50,373 50,627 -254 -0.50
BSE Power 7,216 7,314 -98 -1.34
BSE Small Cap 52,141 52,491 -350 -0.67
BSE HC 42,447 42,400 47 0.11
Date P/E Div. Yield P/E Div. Yield
21-Nov 22.04 1.19 21.49 1.31
Month Ago 23.69 1.11 23.23 1.20
Year Ago 23.24 1.22 21.14 1.38
Nifty 50 Top 3 Gainers
Company 21-Nov Prev_Day
% Change
Power Grid 326 315 3.44
Ultratech Cem 10955 10770 1.72
United Phos 556 547 1.64
Nifty 50 Top 3 Losers Domestic News
Company 21-Nov Prev_Day
% Change
Adani Ports & SEZ 1115 1290 -13.57
SBI Life Insurance Company Limited
1478 1523 -2.95
NTPC 356 367 -2.88
Advance Decline Ratio
BSE NSE
Advances 752
Declines 2048
Unchanged 51
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -21267
MF Flows** 377620
*21
st
Nov 2024; **11
th
Nov 2024
Economic Indicator
YoY(%) Current Year Ago
CPI
6.21%
(Oct-24)
4.87%
(Oct-23)
IIP
3.10%
(Sep-24)
6.40%
(Sep-23)
GDP
6.70%
(Jun-24)
8.20%
(Jun-23)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
22 November 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
4.90%
(Jun-24)
7.80%
(Mar-24)
Quarter Ago
Inflow/Outflow
638
-1918
3.60%
(Jul-24)
• Indian equity markets posted a significant loss a day after snapping their
multi-day losing streak amid weak global cues. The key benchmark indices
fell sharply due to escalating tensions between Ukraine and Russia and
relentless selling by foreign portfolio investors. Sentiment was further
dented after the U.S. District Court and the Securities & Exchanges
Commission filed bribery allegations against the chairman and other
executives of a prominent domestic conglomerate.
• Key benchmark indices BSE SENSEX and Nifty 50 lost 0.54% and 0.72% to
close at 77,155.79 and 23,349.90 respectively.
• The overall market breadth on BSE was weak with 1,171 scrips advancing
and 2,809 scrips declining. A total of 85 scrips remained unchanged.
• On the BSE sectoral front, Realty was the major gainer, up 1.07% followed
by Information Technology, up 0.36% and Teck, up 0.32%. Utilities was the
major loser, down 3.16% followed by Commodities, down 1.55% and Oil &
Gas, down 1.45%.
• According to the labour ministry data, Employees' Provident Fund
Organisation (EPFO) enrolled around 9.47 lakh new members in Sep 2024,
representing an increase of 6.22% YoY. EPFO logged 9.33% YoY growth in
net member additions in Sep 2024 at 18.81 lakh.
• According to the RBI data, outward remittances under the Liberalised
Remittance Scheme (LRS) fell by 14.88% YoY in H1 FY25 at $15.61 billion,
driven by declines across major segments. International travel, which
accounts for nearly 57% of total outward remittances under LRS, saw a
marginal decline of about 1% YoY to $9.20 billion in H1 FY25. Remittances
for the purchase of immovable property fell by 9.38% YoY to $136 million,
while investments in equity and debt markets dropped by 19.09% YoY to
$699.26 million, in the same period.
• According to the managing director of National Payments Corporation of
India, the technical decline rates on UPI platform have fallen to 0.8%, down
from 8-10% in 2016. He also said that the payments ecosystem is looking to
move the low-ticket transactions to UPI Lite which will help ease the
pressure on the servers.
• According to the government data, India's coal imports saw a slight YoY
increase of 1.4%, reaching 129.5 million tonnes in the first half of FY25.
However, the value of these imports decreased, resulting in savings of Rs.
13,629 crore due to cost-effective procurement strategies.
• Hinduja Group's flagship company, Ashok Leyland, has established a light
commercial vehicle dealership in West Bengal, as part of its strategy to
enhance its presence in the eastern region. The inauguration of the new
facility in Siliguri has increased the light commercial vehicle distribution
network to over 800 touchpoints.
• Hyundai Motor India Ltd (HMIL) announced its plans to establish two
renewable energy facilities at its vehicle manufacturing site in Tamil Nadu.
This initiative is part of the company's strategy to achieve a complete
transition to 100% renewable electricity for all manufacturing operations
by the year 2025.
• Asian equity markets mostly fell due to uncertainty regarding the monetary
policy intentions of the Bank of Japan, coupled with stimulus measures
from China that fell short of expectations. Today (as on November 22),
Asian markets rose as investors assessed the gains from the U.S. markets
and latest inflation data from Japan. While Nikkei rose 1.02%, Hang Seng
fell 0.10% (as at 8 a.m. IST).
• European equity markets rose as upbear quarterly earnings updates from
index heavy weights stocks, helped to boost the market sentiments.
Further, upbeat economic data from the Europe and U.S. also added to the
gains.
• US equity markets rose as upbeat corporate quarterly earnings updates
helped to underpin the market sentiments. Additionally, fresh hope for on
global economic growth during the second term of U.S. President and
upbeat economic data on the U.S. jobless claims also contributed to the
upside.
Markets for You
FII Derivative Trade Statistics
21-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 4623.76 2640.24 25695.81
Index Options 2700167.27 2711330.44 430654.85
Stock Futures 28651.94 23476.04 323632.29
Stock Options 73128.46 71807.25 61927.36
Total 2806571.43 2809253.97 841910.31
21-Nov Prev_Day
Change
Put Call Ratio (OI) 0.86 0.83 0.04
Put Call Ratio(Vol) 0.85 1.05 -0.20
21-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 6.62% 6.46% 6.50% 6.80%
T-Repo 6.70% 6.32% 6.46% 6.78%
Repo 6.50% 6.50% 6.50% 6.50%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 6.45% 6.35% 6.45% 6.91%
364 Day T-Bill 6.60% 6.59% 6.55% 7.12%
10 Year Gilt 6.83% 6.83% 6.78% 7.27%
G-Sec Vol. (Rs.Cr) 29023 54104 51594 41263
FBIL MIBOR 6.71% 6.50% 6.50% 6.89%
3 Month CP Rate 7.21% 7.18% 7.24% 7.35%
5 Year Corp Bond 7.45% 7.46% 7.44% 7.65%
1 Month CD Rate 6.83% 6.81% 7.02% 7.08%
3 Month CD Rate 7.18% 7.18% 7.21% 7.29%
1 Year CD Rate 7.55% 7.53% 7.47% 7.68%
Currency 21-Nov Prev_Day
Change
USD/INR 84.46 84.40 0.05
GBP/INR 106.84 107.00 -0.16
EURO/INR 89.08 89.42 -0.34
JPY/INR 0.55 0.55 0.00
Commodity 21-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 70.19 68.79 71.06 78.25
Brent Crude($/bl) 76.38 74.28 74.33 84.36
Gold( $/oz) 2670 2566 2720 1998
Gold(Rs./10 gm) 76529 73281 77767 61043
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
22 November 2024
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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 has been processed or arrive data; NAM India does not in any manner assures the accuracy or authenticity of such data and information. Some of the statements & assertions contained in these materials
may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors,
employees, associates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based
upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or
solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the
readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective
directors, employees, associates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the
information contained in this material.
• Nifty Nov 2024 Futures stood at 23,348.70, a discount of 1.20 points below
the spot closing of 23,349.90. The turnover on NSE’s Futures and Options
segment fell to Rs.9,168.77 crore on November 21, 2024, compared with
Rs. 5,61,467.73 crore on November 19, 2024.
• The Put-Call ratio stood at 0.86 compared with the previous session’s close
of 1.
• The Nifty Put-Call ratio stood at 0.86 compared with the previous session’s
close of 0.83.
• Open interest on Nifty Futures stood at 14.06 million, compared with the
previous session’s close of 13.89 million.
• Bond yields rose after the RBI emphasized its concern on domestic inflation,
while market participants awaited a fresh supply of debt through the weekly
auction.
• Yield on the 10-year benchmark paper (6.79% GS 2034) rose by 3 bps to
close at 6.84% as compared to the previous close of 6.81%.
• Reserve Bank of India conducted the auction of 91 days, 182 days and 364
days Treasury Bills for an aggregate amount of Rs. 19,000 crore for which
the full amount was accepted, and the cut-off rate stood at Rs. 98.4154
(YTM: 6.4581%), Rs. 96.7905 (YTM: 6.6501%) and Rs. 93.8070 (YTM:
6.6200%), respectively.
• The Indian rupee in the spot trade fell against the U.S. dollar dragged down
by a massive sell-off in domestic equity markets.
• Euro fell slightly against the U.S. dollar as investors awaited more clarity on
the U.S. President’s proposed policies.
• Gold prices rose as the increase in geopolitical risks has contributed to a
heightened demand for safe-haven assets.
• Brent crude oil prices (spot) rose as Russia and Ukraine launched missiles at
each other.
• According to the Office for National Statistics, U.K. public sector net
borrowing increased to GBP 17.4 billion in Oct 2024 from GBP 15.8 billion in
the previous year. The borrowing for Oct 2024 was seen at GBP 14.1 billion.
Moreover, this was the second-highest Oct 2024 borrowing since monthly
records began in Jan 1993.
• According to the Census and Statistics Department, Hong Kong’s consumer
price index, or CPI, climbed 1.4% YoY in Oct 2024, slower than the 2.2% rise
in Sep 2024. Further, this was the lowest inflation rate since May 2024,
when prices had risen 1.2%.
Markets for You
