Global Indices
Global Indices 14-Oct Prev_Day Abs. Change
% Change
Russell 3000 3,026 3,000 26 0.87
Nasdaq 18,503 18,343 160 0.87
FTSE 8,293 8,254 39 0.47
Nikkei
[1]
39,606 39,381 225 0.57
Hang Seng 21,093 21,252 -159 -0.75
Indian Indices 14-Oct Prev_Day Abs. Change
% Change
BSE Sensex 81,973 81,381 592 0.73
Nifty 50 25,128 24,964 164 0.66
Nifty 100 26,198 26,054 144 0.55
Nifty 500 23,727 23,611 116 0.49
Nifty Bank 51,817 51,172 645 1.26
BSE Power 8,420 8,420 0 0.00
BSE Small Cap 56,632 56,600 32 0.06
BSE HC 44,629 44,445 183 0.41
Date P/E Div. Yield P/E Div. Yield
14-Oct 24.05 1.11 23.62 1.20
Month Ago 24.32 1.10 23.58 1.20
Year Ago 24.25 1.23 22.33 1.36
Nifty 50 Top 3 Gainers
Company 14-Oct Prev_Day
% Change
Wipro 550 528 4.02
Tech Mahindra 1693 1647 2.76
HDFC Standard Life
Insurance Co. Ltd
741 724 2.31
Nifty 50 Top 3 Losers Domestic News
Company 14-Oct Prev_Day
% Change
ONGC 287 293 -2.07
Maruti 12538 12777 -1.87
Bajaj Finance 7209 7302 -1.28
Advance Decline Ratio
BSE NSE
Advances 2044 1375
Declines 2011 1404
Unchanged 140 69
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 37867
MF Flows** 322649
*14
th
Oct 2024; **10
th
Oct 2024
Economic Indicator
YoY(%) Current Year Ago
CPI
5.49%
(Sep-24)
5.02%
(Sep-23)
IIP
-0.10%
(Aug-24)
10.90%
(Aug-23)
GDP
6.70%
(Jun-24)
8.20%
(Jun-23)
[1]
Data as on 11 Oct, 2024
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
15 October 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
6.20%
(May-24)
7.80%
(Mar-24)
Quarter Ago
Inflow/Outflow
3731
-4031
5.08%
(Jun-24)
• Indian equity markets experienced an increase following substantial gains
observed in prominent banking and IT stocks. A favorable U.S. producer
price inflation report for Sep 2024 also bolstered market sentiment.
Further, a significant decline in oil prices contributed to a more positive
sentiment following China's release of unsatisfactory inflation and trade
balance data for the month of Sep 2024, along with a weekend stimulus
announcement that failed to inspire confidence among investors.
• Key benchmark indices BSE SENSEX and Nifty 50 gained 0.73% and 0.66%
to close at 81,973.05 and 25,127.95 respectively.
• The overall market breadth on BSE was strong with 2,044 scrips advancing
and 2,011 scrips declining. A total of 140 scrips remained unchanged.
• On the BSE sectoral front, Realty was the major gainer, up 1.53% followed
by Bankex, up 1.03% and Information Technology, up 1.01%. Commodities
was the major loser, down 0.31% followed by Metal, down 0.14% and Oil &
Gas, down 0.06%.
• The consumer price index-based inflation surged to 5.49% YoY in Sep 2024
compared to 3.65% in Aug 2024. It was the highest inflation rate since the
start of the year, overshooting the RBI’s target of 4% after dropping below
the threshold in the first two months of Q2FY25. The increase in inflation is
attributed to the ongoing rise in vegetable prices.
• India’s wholesale price index (WPI) based inflation increased by 1.84% YoY
in Sep 2024 as compared to 1.31% in Aug 2024. The positive rate of
inflation in Sep 2024 was primarily due to increase in prices of food articles,
food products, other manufacturing, manufacture of motor vehicles,
trailers & semi-trailers, manufacture of machinery & equipment, etc.
• According to a report, India is set to launch the PM GatiShakti National
Master Plan portal for private sector engagement this year, aimed at
accelerating infrastructure development. This platform, which is presently
utilized by government agencies, will grant restricted access to private
firms while safeguarding sensitive information. A total of over 1,600 data
layers will be accessible for planning purposes.
• Reliance Industries Ltd has announced a 5% drop in its consolidated net
profit, reaching Rs. 16,563 crore for the Q2 FY25. This is down from Rs.
17,394 crore during the Q2 FY24. Revenue from operations saw a slight
increase of 0.2% YoY, totaling Rs .2.35 lakh crore in this period.
• HCL Technologies announced its consolidated net profit for the Q2 FY25
rose by 10.5% to Rs. 4,235 crore, compared to Rs. 3,832 crore in the same
period last year. The company's revenue from operations reached Rs.
28,862 crore, marking an 8.2% increase from Rs .26,672 crore in the
corresponding quarter of the previous financial year.
• Asian equity markets closed on a mixed note as investors assessed China’s
weekend press briefing and awaited a slew of economic data this week
from the region. The Chinese market rose as investors analyzed the most
recent inflation data, they anticipated the upcoming trade figures for
additional guidance. China experienced an unanticipated decline in
consumer inflation in Sep 2024, while the deflation of producer prices
intensified. This situation highlights the necessity for additional policy
measures to stimulate the sluggish housing market and other areas of
consumer expenditure. Nikkei rose by 1.08% and Hang Seng fell by 0.44%
(as at 8 a.m. IST).
• European equity markets rose as investors were primarily adjusting their
strategies in response to upcoming earnings reports while also processing
various corporate announcements. Investors were also waiting for the
upcoming decision from the European Central Bank, with expectations of a
25 basis point rate reduction later this week.
• U.S. equity markets rose amid optimism about the outlook for interest
rates following last Friday's report on U.S. producer price inflation. The
report from the Labor Department indicated that producer prices
remained unexpectedly stable in Sep 2024, while the annual rate of price
growth experienced a slight deceleration.
Markets for You
FII Derivative Trade Statistics
14-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 2198.45 1882.38 35504.66
Index Options 1357121.18 1332427.91 407737.50
Stock Futures 21900.02 18577.78 344725.98
Stock Options 38025.21 47319.00 86960.98
Total 1419244.86 1400207.07 874929.12
14-Oct Prev_Day
Change
Put Call Ratio (OI) 0.90 0.84 0.07
Put Call Ratio(Vol) 0.82 0.87 -0.05
14-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 6.42% 6.43% 6.62% 6.73%
T-Repo 6.24% 6.20% 6.43% 6.76%
Repo 6.50% 6.50% 6.50% 6.50%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 6.41% 6.43% 6.55% 6.86%
364 Day T-Bill 6.50% 6.55% 6.64% 7.11%
10 Year Gilt 6.78% 6.85% 6.79% 7.32%
G-Sec Vol. (Rs.Cr) 43438 88876 90177 45171
FBIL MIBOR 6.50% 6.50% 6.71% 6.84%
3 Month CP Rate 7.17% 7.21% 7.34% 7.22%
5 Year Corp Bond 7.36% 7.42% 7.37% 7.70%
1 Month CD Rate 6.92% 6.90% 7.25% 7.03%
3 Month CD Rate 7.16% 7.27% 7.30% 7.19%
1 Year CD Rate 7.49% 7.69% 7.69% 7.57%
Currency 14-Oct Prev_Day
Change
USD/INR 84.07 84.06 0.01
GBP/INR 109.88 109.69 0.19
EURO/INR 91.88 91.93 -0.05
JPY/INR 0.56 0.56 0.00
Commodity 14-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 76.01 77.66 69.49 87.62
Brent Crude($/bl) 79.51 82.38 75.93 95.59
Gold( $/oz) 2651 2644 2576 1932
Gold(Rs./10 gm) 75743 75656 72761 58092
Source: Refinitiv
[1]
Data as on 11 Oct, 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
15 October 2024
Derivative Statistics- Nifty Options
Disclaimer:
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material.
• Nifty Oct 2024 Futures stood at 25,221.50, a premium of 93.55 points
above the spot closing of 25,127.95. The turnover on NSE’s Futures and
Options segment fell to Rs.5,948.88 crore on October 14, 2024, compared
with Rs.3,92,761.94 crore on October 11, 2024.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.93.
• The Nifty Put-Call ratio stood at 0.9 compared with the previous session’s
close of 0.84.
• Open interest on Nifty Futures stood at 15.52 million, compared with the
previous session’s close of 15.88 million.
• Bond yields edged lower following the RBI's reduction of its secondary
market debt sales and revealed a second debt buyback in two weeks.
Meanwhile, market participants are awaiting for the retail inflation data to
be released.
• Yield on the 10-year benchmark paper (7.10% GS 2034) fell by 1 bps to close
at 6.78% as compared to the previous close of 6.79%.
• RBI conducted the auction of 4-day Variable Rate Reverse Repo for the
notified amount of Rs. 75,000 crore for which amount of Rs. 24,070 crore
was accepted, and the cut-off yield stood at 6.49%.
• Reserve Bank of India announced the sale (issue/ re-issue) of three dated
securities namely 7.02% GS 2031, 7.23% GS 2039 and 7.09% GS 2054 for a
notified amount of Rs. 33,000 crore. The auction will be conducted on Oct
18, 2024.
• The Indian rupee in the spot trade edged up against the U.S. dollar following
positive trends in domestic equities. However, gains were restricted due to
fall in most Asian peers.
• Euro fell against the U.S. dollar as investors bet about a 25 bp interest rate
cut from the European Central Bank at their upcoming meeting.
• Gold prices fell marginally after recent data indicated significantly lower than
anticipated growth in China's exports and imports for Sep 2024.
• Brent crude oil prices (spot) fell due to another downward revision in
demand forecast by OPEC, and concerns about demand from China.
• According to the National Bureau of Statistics, China’s consumer price
inflation softened to 0.4% from 0.6% in Aug 2024, the consumer price index
remained flat on month.
• According to the data, Singapore's gross domestic product expanded a
seasonally adjusted 2.1% on quarter in the Q3 of FY24. That accelerated
sharply from the 0.4% growth in the Q2 of FY24. On an annualized basis,
GDP climbed 4.1% - up from 2.9% in the three months prior.
Markets for You
