Global Indices
Global Indices 17-Sep Prev_Day Abs. Change
% Change
Russell 3000 2,298 2,322 -23 -1.01
Nasdaq 15,044 15,182 -138 -0.91
FTSE 6,964 7,027 -64 -0.91
Nikkei 30,500 30,323 177 0.58
Hang Seng 24,921 24,668 253 1.03
Indian Indices 17-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 59,016 59,141 -125 -0.21
Nifty 50 17,585 17,630 -44 -0.25
Nifty 100 17,865 17,925 -61 -0.34
Nifty 500 15,027 15,105 -78 -0.51
Nifty Bank 37,812 37,669 143 0.38
S&P BSE Power 3,094 3,146 -52 -1.64
S&P BSE Small Cap 28,007 28,306 -299 -1.06
S&P BSE HC 26,553 26,846 -294 -1.09
Date P/E Div. Yield P/E Div. Yield
17-Sep 30.78 0.91 26.93 1.13
Month Ago 30.32 0.97 25.46 1.10
Year Ago 28.57 0.98 33.01 1.42
Nifty 50 Top 3 Gainers
Company 17-Sep Prev_Day
% Change
Kotak Bank 2008 1907 5.30
HDFC Bank 1582 1560 1.42
Eicher Motors Limited 2899 2860 1.34
Nifty 50 Top 3 Losers Domestic News
Company 17-Sep Prev_Day
% Change
Tata Steel 1386 1437 -3.54
Coal India 157 162 -3.45
Hindalco 473 483 -2.12
Advance Decline Ratio
BSE NSE
Advances 1231 569
Declines 2065 1431
Unchanged 146 79
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 62405
MF Flows** 22549
*17
th
Sep 2021; **8
th
Sep 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
5.30%
(Aug-21)
6.69%
(Aug-20)
IIP
11.50%
(Jul-21)
-10.50%
(Jul-20)
GDP
20.10%
(Jun-21)
-24.40%
(Jun-20)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 September 2021
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
133.50%
(Apr-21)
1.60%
(Mar-21)
Quarter Ago
Inflow/Outflow
446
1839
6.30%
(May-21)
• Indian equity markets touched record high for yet another session but
could not maintain the gains and settled in the red. The market showed the
signs of jitteriness as the investors did profit-booking at the higher levels in
recent outperformers after rally in the indices which saw them hitting
significant landmarks.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.21% and 0.25%
to close at 59,015.89 and 17,585.15 respectively.
• The overall market breadth on BSE was weak with 1,168 scrips advancing
and 2,138 scrips declining. A total of 136 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 0.9%
followed by S&P BSE Bankex, up 0.7% and S&P BSE Finance, up 0.3%. S&P
BSE Metal was the major loser, down 2.49% followed by S&P BSE Realty,
down 2.04% and S&P BSE Basic Materials, down 1.78%.
• The Finance Minister made a host of choices at the GST Council meeting.
The Council agreed to extend the reductions on some Covid-related
medications until Dec 31, 2021. Two Covid medications were given GST
exemption by the GST Council. The GST Council has reduced the tax rate on
cancer drugs from 12% to 5%. The GST rate on biodiesel for mixing with
fuel has been reduced from 12% to 5%. Restaurant services provided
through e-commerce meal delivery providers will be subject to GST, which
will be levied at the point of delivery.
• According to RBI study, capital investment by private companies could
further decline in FY22 after shrinking in the previous year due to Covid
related lockdowns. According to a study, the anticipated capex of pipeline
projects might fall by 27% YoY to Rs. 68,469 crore if they are phased in over
three or four years. Based on the pipeline of sanctioned projects in previous
years, the capex phasing profile shows a decrease from Rs. 94,227 crore in
FY21 to Rs. 68,469 crore in FY22.
• The Securities Exchange Board of India plans to create a new category for
Alternative Investment Funds (AIFs) that will allow them to buy distressed
loans from banks and NBFCs.
• Byju's announced a partnership with NITI Aayog to provide free access to its
tech-driven learning programmes to youngsters in 112 'Aspirational
districts' across the country. A dedicated working group will be formed as
part of the project to develop a knowledge, innovation, and strategy
support system.
• According to Bajaj Finance's managing director, the company plans to
integrate 20-25 million wallets by Mar 2023, after launching its wallet
business in Jul 2021. Every month, the business onboards between 800,000
and 1 million new wallets.
• Asian markets largely managed to close in the green amid caution ahead of
the U.S. Fed policy meeting, scheduled on Sep 22. Investors found some
relief after the stock price of China’s second-largest property developer (by
sales) recouped from its earlier sharp losses as People's Bank of China
infused liquidity to ease concerns over the property giant's debt crisis.
Today (as on Sep 20), shares in Australia declined with major markets in Asia
namely mainland China, Japan and South Korea closed for holidays.
• European equity markets fell as renewed concerns over slowing global
growth and worries about China’s regulatory crackdown weighed on the
market sentiment. Markets fell further after retail sales and industrial
production for China fell in Aug 2021 while U.K. retail sales also came down
unexpectedly in Aug 2021.
• U.S. equity markets fell as market participants exercised caution and
remained on the side-lines as they awaited the outcome of the U.S. Federal
Reserve monetary policy review due on Sep 22. Market sentiments were
further dampened after U.S. consumer sentiment rebounded less than
expected in Sep 2021.
Markets for You
FII Derivative Trade Statistics 17-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 5491.92 5257.17 15536.99
Index Options 759235.47 758203.20 104054.80
Stock Futures 15061.86 16939.81 130412.68
Stock Options 27272.49 27487.45 29624.28
Total 807061.74 807887.63 279628.75
17-Sep Prev_Day
Change
Put Call Ratio (OI) 1.15 1.51 -0.36
Put Call Ratio(Vol) 0.95 0.96 -0.01
17-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 3.22% 3.13% 3.23% 3.43%
T-Repo 3.28% 3.18% 3.12% 3.21%
Repo 4.00% 4.00% 4.00% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 3.28% 3.27% 3.22% 3.31%
364 Day T-Bill 3.48% 3.32% 3.61% 3.60%
10 Year Gilt 6.17% 6.18% 6.23% 6.01%
G-Sec Vol. (Rs.Cr) 46116 45270 27648 21032
FBIL MIBOR 3.39% 3.36% 3.40% 3.67%
3 Month CP Rate 3.55% 3.53% 3.60% 3.55%
5 Year Corp Bond 6.17% 6.10% 6.26% 6.77%
1 Month CD Rate 3.26% 3.26% 3.28% 3.34%
3 Month CD Rate 3.40% 3.39% 3.36% 3.29%
1 Year CD Rate 4.14% 4.10% 3.93% 3.89%
Currency 17-Sep Prev_Day
Change
USD/INR 73.49 73.43 0.06
GBP/INR 101.38 101.52 -0.14
EURO/INR 86.52 86.68 -0.16
JPY/INR 0.67 0.67 0.00
Commodity 17-Sep Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 72.07 69.80 66.45 40.94
Brent Crude($/bl) 73.85 71.87 71.08 41.93
Gold( $/oz) 1754 1787 1786 1943
Gold(Rs./10 gm) 46178 46898 47404 51495
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
20 September 2021
Derivative Statistics- Nifty Options
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• Nifty Sep 2021 Futures stood at 17,603.15, a premium of 18.00 points
above the spot closing of 17,585.15. The turnover on NSE’s Futures and
Options segment fell to Rs. 58,53,615.23 crore on Sep 17, 2021, compared
with Rs.1,25,05,609.03 crore on Sep 16, 2021.
• The Put-Call ratio stood at 0.88 compared with the previous session’s close
of 0.84.
• The Nifty Put-Call ratio stood at 1.15 compared with the previous session’s
close of 1.51.
• Open interest on Nifty Futures stood at 16.09 million, compared with the
previous session’s close of 16.75 million.
• Bond yields were little changed after central government raised Rs. 26,000
crore through weekly auction and now market participants await RBI’s Rs.
30,000 crore bond purchase through open market operations due in the
current month.
• Yield on the 10-year benchmark paper (6.10% GS 2031) remained steady at
6.17% as compared to the previous close after trading in a range of 6.17%
to 6.18%.
• Data from RBI showed that India's foreign exchange reserves fell by $1.34
billion to $641.11 billion as on Sep 10, 2021 from $642.45 billion in the
previous week.
• Banks borrowed Rs. 4 crore crore under the Central Bank’s marginal
standing facility on Sep 16, 2021 compared to that of Sep 15, 2021 when
banks borrowed Rs. 527 crore.
• The Indian rupee was little changed against the U.S dollar as importer
covering neutralized the positive impact of equity-related greenback
inflows.
• Euro fell against the U.S. dollar after better-than-expected U.S. retail sales
data for Aug 2021 strengthened the greenback.
• Gold prices rose on bargain hunting.
• Brent crude oil fell as more supply came back on track slowly in the U.S. Gulf
of Mexico following two hurricanes.
• According to a preliminary report released by the University of Michigan,
U.S. consumer sentiment index inched up 71.0 in Sep 2021 from 70.3 in Aug
2021. On the other hand, the report said the current economic conditions
index edged down to 77.1 in Sep from 78.5 in Aug.
• According to data from Eurostat, eurozone’s construction output rose 0.1%
MoM in Jul 2021 after falling 0.6% in Jun 2021. On a yearly basis, the
construction output rose 3.3% in Jul following 4.1% rise in Jun.
• According to data from the Office for National Statistics, U.K. retail sales fell
0.9% MoM in Aug 2021 after falling 2.8% in Jul 2021. On a yearly basis, retail
sales remained unchanged as against 1.9% increase in Jul.
Markets for You
