Global Indices
Global Indices 07-Apr Prev_Day Abs. Change
% Change
Russell 3000 2,039 2,037 3 0.13
Nasdaq 13,689 13,698 -10 -0.07
FTSE 6,885 6,824 62 0.91
Nikkei 29,731 29,697 34 0.12
Hang Seng 28,675 28,939 -264 -0.91
Indian Indices 07-Apr Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,662 49,201 460 0.94
Nifty 50 14,819 14,684 136 0.92
Nifty 100 14,974 14,836 138 0.93
Nifty 500 12,481 12,358 123 1.00
Nifty Bank 32,991 32,501 490 1.51
S&P BSE Power 2,540 2,546 -6 -0.22
S&P BSE Small Cap 21,293 21,020 273 1.30
S&P BSE HC 22,129 21,927 202 0.92
Date P/E Div. Yield P/E Div. Yield
7-Apr 34.08 0.73 33.49 0.95
Month Ago 35.12 0.71 40.76 1.06
Year Ago 18.44 1.43 19.81 1.73
Nifty 50 Top 3 Gainers
Company 07-Apr Prev_Day
% Change
JSW Steel 562 537 4.62
GAIL 139 135 3.05
Wipro 438 427 2.54
Nifty 50 Top 3 Losers Domestic News
Company 07-Apr Prev_Day
% Change
Adani Ports & SEZ 815 836 -2.49
United Phos 654 661 -1.04
Titan Industries Limited 1514 1526 -0.75
Advance Decline Ratio
BSE NSE
Advances 1830 1277
Declines 1125 647
Unchanged 177 107
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 52515
MF Flows** -24940
*7
th
Apr 2021; **5
th
Apr 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
5.03%
(Feb-21)
6.58%
(Feb-20)
IIP
-1.60%
(Jan-21)
2.20%
(Jan-20)
GDP
0.40%
(Dec-20)
3.30%
(Dec-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 April 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
4.50%
(Oct-20)
-7.30%
(Sep-20)
Quarter Ago
Inflow/Outflow
-264
-873
6.93%
(Nov-20)
• Indian equity markets went up with investors welcoming RBI Governor’s
decision to keep rates unchanged in the first bi-monthly monetary policy
meeting of FY22, along with holding the GDP growth rate steady at 10.5%
for new financial year. Buying interest found additional support from IMF’s
revision of India’s GDP growth forecast upward to 12.5% in FY22.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.94% and
0.92% to close at 49,661.76 and 14,819.05 respectively.
• The overall market breadth on BSE was strong with 1,830 scrips advancing
and 1,125 scrips declining. A total of 177 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Auto was the major gainer, up 1.69%
followed by S&P BSE Telecom, up 1.57% and S&P BSE Bankex, up 1.57%.
S&P BSE Power was the only loser, down 0.22%.
• The Monetary Policy Committee (MPC) in its monetary policy review kept
key policy repo rate unchanged at 4.0%. The MPC also decided to continue
with its accommodative stance as long as necessary to sustain growth on a
durable basis and continue to mitigate the impact of COVID-19 on the
economy, while ensuring that inflation remains within the target going
forward. All the members of the MPC unanimously voted for keeping the
policy repo rate unchanged and continuing with the accommodative stance
on the monetary policy.
• MPC projected retail inflation at 5.0% in Q4FY21, 5.2% in Q1FY22 and
Q2FY22, 4.4% in Q3FY22 and 5.1% in Q4FY22.
• MPC projected real GDP growth at 10.5% for FY22, 26.2% in Q1FY22, 8.3%
in Q2FY22, 5.4% in Q3FY22 and 6.2% in Q4 FY22.
• The MPC took note of the recent surge in coronavirus infection cases across
the country which resulted in localised lockdowns. According to the MPC,
this may lead to a decline in demand for contact-intensive services and
impede the growth prospects of the domestic economy which in turn may
delay the return to normalcy of the Indian economy. Taking the above
developments into consideration, MPC decided to keep key policy repo rate
unchanged and continue with the accommodative stance on the monetary
policy.
• IL&FS sold its stake in the environment business held by IL&FS
Environmental Infrastructure & Services Limited (IEISL) and its subsidiaries
to EverEnviro Resource Management Private Limited (EverEnviro), the fully-
owned arm of the Green Growth Equity Fund (GGEF).
• Dixon Technologies, an electronic contract manufacturer, announced that it
has formed a joint venture with Bharti Enterprises to manufacture telecom
and networking products.
• Asian markets mostly closed in the green after IMF raised this year's global
economic growth forecast to 6 % from its earlier estimate of 5.5 %, on the
back of additional fiscal measures by advanced economies and the rollout
of vaccines. Today (as on Apr 8), markets are trading mixed, reflecting
overnight performance of U.S. bourses. While Nikkei is down 0.33%, Hang
Seng is up 0.30% (as at 8:00 AM IST).
• European markets closed in the red amid concerns about a surge in
coronavirus cases in several countries and a slowdown in the pace of
vaccination in parts of the continent.
• U.S. markets witnessed mixed trend following the release of the minutes of
Fed’s latest policy meeting.
Markets for You
FII Derivative Trade Statistics
07-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 4807.69 4509.42 12239.05
Index Options 446017.06 443528.97 92922.02
Stock Futures 11343.19 11194.04 92874.05
Stock Options 9025.19 8995.41 11901.89
Total 471193.13 468227.84 209937.01
07-Apr Prev_Day
Change
Put Call Ratio (OI) 1.29 1.13 0.16
Put Call Ratio(Vol) 0.97 0.96 0.01
07-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 3.14% 3.30% 3.16% 4.20%
T-Repo 3.04% 3.37% 3.23% 2.69%
Repo 4.00% 4.00% 4.00% 4.40%
Reverse Repo 3.35% 3.35% 3.35% 4.00%
91 Day T-Bill 3.35% 3.25% 3.26% 4.10%
364 Day T-Bill 3.72% 3.75% 3.70% 4.50%
10 Year Gilt 6.08% 6.18% 6.23% 6.42%
G-Sec Vol. (Rs.Cr) 50502 19231 25837 9911
FBIL MIBOR 3.42% 3.50% 3.40% 4.50%
3 Month CP Rate 3.70% 3.55% 3.70% 6.00%
5 Year Corp Bond 6.43% 6.58% 6.32% 7.34%
1 Month CD Rate 3.39% 3.29% 3.08% 4.16%
3 Month CD Rate 3.35% 3.28% 3.48% 4.39%
1 Year CD Rate 3.89% 4.38% 4.36% 5.13%
Currency 07-Apr Prev_Day
Change
USD/INR 74.12 73.31 0.80
GBP/INR 102.19 101.96 0.23
EURO/INR 88.01 86.60 1.41
JPY/INR 0.67 0.67 0.01
Commodity 07-Apr Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 59.72 59.14 66.04 23.49
Brent Crude($/bl) 60.22 63.07 70.21 19.80
Gold( $/oz) 1737 1707 1701 1648
Gold(Rs./10 gm) 45829 43994 44310 40989
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
08 April 2021
Derivative Statistics- Nifty Options
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• Nifty Apr 2021 Futures stood at 14,888.00, a premium of 68.95 points
above the spot closing of 14,819.05. The turnover on NSE’s Futures and
Options segment rose to Rs. 43,86,299.24 crore on April 07, 2021,
compared with Rs. 34,85,660.93 crore on April 06, 2021.
• The Put-Call ratio stood at 0.92 compared with the previous session’s close
of 0.93.
• The Nifty Put-Call ratio stood at 1.29 compared with the previous session’s
close of 1.13.
• Open interest on Nifty Futures stood at 11.78 million, compared with the
previous session’s close of 11.5 million.
• Bond yields fell as sentiment turned bullish after the Reserve Bank of India
(RBI) announced Rs. 1 lakh crore worth of purchases of government
securities till Jun 2021 end.
• Yield on the 10-year benchmark paper (5.85% GS 2030) fell 4 bps at 6.08%
from the previous close of 6.12% after moving in the range of 6.05% to
6.19%.
• Data from RBI showed that reserve money increased at an annualized rate
of 18.2% in the week to Apr 02, 2021, compared with an increase of 9.3% a
year earlier. The currency in circulation rose 16.2% during the same week
compared with an increase of 14.4% a year earlier.
• Banks did not borrowed under the central bank’s marginal standing facility
on Apr 6, 2021 compared to that of Apr 05, 2021 when banks borrowed Rs.
13 crore.
• The Indian rupee plunged and recorded its worst session in 20 months
against the U.S. dollar due to importer demand for the greenback and short-
covering in U.S. dollar.
• Euro fell against the greenback as the latter strengthened after minutes of
the U.S. Federal Reserve's meeting in Mar 2021 showed that the U.S. Central
Bank is committed to supporting economic recovery.
• Gold prices fell as upbeat economic data from U.S. fuelled expectations of a
rapid economic recovery
• Brent crude prices fell as talks to revive a nuclear deal with Iran opened the
possibility of an easing of sanctions on its oil exports.
• Minutes of the U.S. Federal Reserve's meeting in Mar 2021 showed that the
U.S. Federal Reserve is committed to supporting economic recovery and is
unlikely to change its ultra-loose monetary policy anytime soon.
• According to the Commerce Department, U.S. trade deficit widened to
$71.1 billion in Feb 2021 from a revised $67.8 billion in Jan 2021. The wider
deficit came as the value of exports fell 2.6% to $187.3 billion, while the
value of imports fell 0.7% to $258.3 billion.
• According to final data from IHS Markit, U.K. services Purchasing Managers'
Index (PMI) rose to 56.3 in Mar 2021 from 49.5 in Feb 2021. The composite
output index rose to 56.4 in Mar from 49.6 in Feb.
Markets for You
