Global Indices
Global Indices 30-Oct Prev_Day Abs. Change
% Change
Russell 3000 3,035 3,049 -14 -0.46
Nasdaq 18,608 18,713 -105 -0.56
FTSE 8,160 8,220 -60 -0.73
Nikkei 39,277 38,904 374 0.96
Hang Seng 20,381 20,701 -321 -1.55
Indian Indices 30-Oct Prev_Day Abs. Change
% Change
BSE Sensex 79,942 80,369 -427 -0.53
Nifty 50 24,341 24,467 -126 -0.52
Nifty 100 25,195 25,321 -126 -0.50
Nifty 500 22,750 22,795 -45 -0.20
Nifty Bank 51,808 52,321 -513 -0.98
BSE Power 7,816 7,852 -36 -0.46
BSE Small Cap 54,108 53,290 818 1.54
BSE HC 43,115 43,211 -96 -0.22
Date P/E Div. Yield P/E Div. Yield
30-Oct 23.24 1.15 22.90 1.25
Month Ago 24.75 1.08 24.26 1.16
Year Ago 23.24 1.15 20.90 1.41
Nifty 50 Top 3 Gainers
Company 30-Oct Prev_Day
% Change
Tata Beverages 1023 992 3.09
Hero Moto 4909 4787 2.55
United Phos 546 535 2.17
Nifty 50 Top 3 Losers Domestic News
Company 30-Oct Prev_Day
% Change
Cipla 1418 1478 -4.01
SBI Life Insurance
Company Limited
1624 1661 -2.24
HDFC Standard Life
Insurance Co Ltd.
727 742 -2.07
Advance Decline Ratio
BSE NSE
Advances 2857 2062
Declines 1075 685
Unchanged 79 52
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 8790
MF Flows** 362319
*30
th
Oct 2024; **28
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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
31 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
1928
-893
5.08%
(Jun-24)
• Indian equity markets closed with losses due to renewed selling by foreign
portfolio investors and some disappointing earnings reports from blue-chip
Indian firms. Additionally, a cautious undertone prevailed ahead of the U.S.
presidential election.
• Key benchmark indices BSE SENSEX and Nifty 50 lost 0.53% and 0.51% to
close at 79,942.18 and 24,340.85 respectively.
• The overall market breadth on BSE was strong with 2,857 scrips advancing
and 1,075 scrips declining. A total of 79 scrips remained unchanged.
• On the BSE sectoral front, Industrials was the major gainer, up 1.04%
followed by Fast Moving Consumer Goods, up 0.95% and Commodities, up
0.71%. Consumer Durables was the major loser, down 1.21% followed by
Bankex, down 1.04% and Financial Services, down 0.83%.
• According to the Ministry of Commerce & Industry, the combined Index of
Eight Core Industries increased by 2.0% YoY in Sep 2024 as compared to
9.5% growth in Sep 2023. The production of the Eight Core Industries
remained mixed in Sep 2024 over the corresponding month of last year,
with cement witnessed the highest rate of growth with 7.1% followed by
Refinery products with 5.8% growth, while Crude oil fell the most by 3.9%.
• Government data showed that India’s fiscal deficit for the period from Apr
to Sep of FY25 stood at Rs. 4.75 lakh crore or 29.4% of the Budget
Estimates (BE) of the current fiscal.
• The Indian government for the first time, has entered into contract farming
deals with farmers in states including Tamil Nadu, Bihar, Jharkhand and
Gujarat to grow tur and masur pulses on 1,500 hectares of farmland. The
initiative aims to increase pulse production and procurement for buffer
stocks in light of rising inflation.
• The income tax department has announced the tolerance range for
differences between arm's length and transfer pricing for certain domestic
and international transactions for Assessment Year 2024–2025. Central
Board of Direct Taxes has retained the range at the same level as last year's
– 1% for ‘wholesale trading’ and 3% for all other taxpayers.
• Marico Ltd announced that its consolidated net profit for the second
quarter of FY25 rose by 20.27%, reaching Rs. 433 crore. This marks an
increase from the net profit of Rs. 360 crore recorded during the same
period in the previous year. Its consolidated revenue from operations was
up 7.6% to Rs. 2,664 crore during the quarter under review. It was at Rs.
2,476 crore a year ago.
• Dabur India Ltd announced a 17.65% decrease in its consolidated net
profit, which amounted to Rs. 417.52 crore for the quarter ended Sep
2024. Its revenue from operations slipped 5.46% to Rs. 3,028.59 crore
during the quarter under review. It was Rs. 3,203.84 crore in the
corresponding quarter of the previous fiscal.
• Asian equity markets mostly fell as mixed bag earnings reported from the
U.S. major companies and the European Union (EU) declared the
implementation of new tariffs on electric vehicles (EVs) imported from
China, which elicited a strong reaction from Beijing. Meanwhile, investors
remained cautious ahead of significant U.S. economic data scheduled for
release this week, as well as the upcoming presidential election next week.
Today (as on October 31), Asian markets opened lower as investors looked
to the Bank of Japan’s rate decision. Nikkei fell by 0.51% and Hang Seng
rose by 0.54% (as at 8 a.m. IST).
• European equity markets fell as investors were responding to a variety of
economic indicators from the region, the U.K. budget, and updates on
corporate earnings, while also paying close attention to U.S. economic data
and monitoring geopolitical developments.
• U.S. equity markets fell as investors reacted to a mixed batch of corporate
earnings and U.S. economic news. A distinct report issued by the Commerce
Department indicated that U.S. economic growth unexpectedly
decelerated during the third quarter of 2024.
Markets for You
FII Derivative Trade Statistics
30-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 5288.03 4993.64 30474.56
Index Options 3112383.69 3093402.65 596573.52
Stock Futures 142625.29 139956.62 344695.22
Stock Options 78032.03 77542.73 97919.06
Total 3338329.04 3315895.64 1069662.36
30-Oct Prev_Day
Change
Put Call Ratio (OI) 0.91 1.02 -0.11
Put Call Ratio(Vol) 0.88 0.87 0.00
30-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 6.47% 6.75% 6.68% 6.77%
T-Repo 6.31% 6.69% 6.64% 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 6.51% 6.47% 6.40% 6.90%
364 Day T-Bill 6.58% 6.57% 6.55% 7.15%
10 Year Gilt 6.83% 6.82% 6.75% 7.37%
G-Sec Vol. (Rs.Cr) 37549 56965 50983 13606
FBIL MIBOR 6.50% 6.78% 6.76% 6.85%
3 Month CP Rate 7.23% 7.25% 7.28% 7.35%
5 Year Corp Bond 7.44% 7.44% 7.34% 7.75%
1 Month CD Rate 7.03% 7.04% 7.13% 7.11%
3 Month CD Rate 7.22% 7.22% 7.30% 7.21%
1 Year CD Rate 7.52% 7.53% 7.56% 7.68%
Currency 30-Oct Prev_Day
Change
USD/INR 84.08 84.08 0.01
GBP/INR 109.38 109.00 0.37
EURO/INR 90.99 90.88 0.11
JPY/INR 0.55 0.55 0.00
Commodity 30-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 68.71 71.27 68.65 82.93
Brent Crude($/bl) 73.85 75.72 72.99 90.93
Gold( $/oz) 2786 2718 2634 1996
Gold(Rs./10 gm) 79362 78387 75051 61027
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
31 October 2024
Derivative Statistics- Nifty Options
Disclaimer:
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material.
• Nifty Oct 2024 Futures stood at 24,371.05, a premium of 30.20 points
above the spot closing of 24,340.85. The turnover on NSE’s Futures and
Options segment fell to Rs.7,089.05 crore on October 30, 2024, compared
with Rs.8,00,309.03 crore on October 29, 2024.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.91.
• The Nifty Put-Call ratio stood at 0.94 compared with the previous session’s
close of 1.02.
• Open interest on Nifty Futures stood at 14.81 million, compared with the
previous session’s close of 14.8 million.
• Bond yields eased following an ease in U.S. Treasury yields and crude oil
prices.
• Yield on the 10-year benchmark paper (7.10% GS 2034) fell by 3 bps to close
at 6.83% as compared to the previous close of 6.86%.
• Data from Reserve Bank of India showed that reserve money grew 9.0% on a
yearly basis for the week ended Oct 25, 2024 compared to an increase of
5.5% in the same period of the previous year. The currency in circulation
grew 7.0% on a yearly basis for the week ended Oct 25, 2024 compared to
an increase of 2.9% in the same period of the previous year.
• The Indian rupee in the spot trade fell against the U.S. dollar due to
greenback demand and outflow from domestic equities ahead of the U.S.
presidential election.
• Euro rose against the U.S. dollar after a report showed that eurozone third
quarter of 2024 GDP grew more than expected.
• Gold prices rose as safe haven buying ahead of the upcoming U.S.
presidential election.
• Brent crude oil prices (spot) rose after data showed an unexpected drop in
U.S. crude inventories in the week ended Oct 26th, 2024.
• According to the Commerce Department, U.S. gross domestic product shot
up by 2.8% in the third quarter of 2024 after surging by 3.0% in the second
quarter of 2024. Economists had expected another 3.0% jump.
• According to ADP, U.S. private sector employment surged by 233,000 jobs in
Oct 2024 after jumping by an upwardly revised 159,000 jobs in Sep 2024.
• According to the Labor Department, U.S. job openings fell to 7.44 million in
Sep 2024 from a downwardly revised 7.86 million in Aug 2024. Economists
had expected job openings to edge down to 7.99 million the previous month
from the 8.04 million originally reported for
• According to the Conference Board, U.S. consumer confidence index surged
to 108.7 in Oct 2024 after tumbling to a revised 99.2 in Sep 2024.
Markets for You
