Global Indices
Global Indices 08-Apr Prev_Day Abs. Change
% Change
Russell 3000 2,061 2,039 22 1.06
Nasdaq 13,829 13,689 140 1.03
FTSE 6,942 6,885 57 0.83
Nikkei 29,709 29,731 -22 -0.07
Hang Seng 29,008 28,675 333 1.16
Indian Indices 08-Apr Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,746 49,662 84 0.17
Nifty 50 14,874 14,819 55 0.37
Nifty 100 15,036 14,974 62 0.42
Nifty 500 12,542 12,481 60 0.48
Nifty Bank 32,783 32,991 -208 -0.63
S&P BSE Power 2,514 2,540 -26 -1.04
S&P BSE Small Cap 21,450 21,293 156 0.73
S&P BSE HC 22,210 22,129 81 0.37
Date P/E Div. Yield P/E Div. Yield
8-Apr 34.04 0.73 33.61 0.96
Month Ago 35.09 0.71 40.74 1.06
Year Ago 18.04 1.45 19.72 1.74
Nifty 50 Top 3 Gainers
Company 08-Apr Prev_Day
% Change
JSW Steel 614 562 9.21
Tata Steel 918 875 4.98
Shree Cements Limited 31583 30231 4.47
Nifty 50 Top 3 Losers Domestic News
Company 08-Apr Prev_Day
% Change
IndusInd Bank 935 946 -1.13
Sun Pharma 614 621 -1.09
SBI Life Insurance Company Limite
909 919 -1.09
Advance Decline Ratio
BSE NSE
Advances 1810 1242
Declines 1107 707
Unchanged 168 88
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 52917
MF Flows** -24968
*8
th
Apr 2021; **6
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.
09 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
-63
403
6.93%
(Nov-20)
• Indian equity markets extended the previous session’s gains as investors
continued to take positive cues from the accommodative stance of the
MPC in its latest policy meeting. Nonetheless, surge in COVID-19 cases
played spoilsport.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.17% and
0.37% to close at 49,746.21 and 14,873.80 respectively.
• The overall market breadth on BSE was strong with 1,810 scrips advancing
and 1,107 scrips declining. A total of 168 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 4.44%
followed by S&P BSE Basic Materials, up 3% and S&P BSE Consumer
Durables, up 2.58%. S&P BSE Power was the major loser, down 1.04%
followed by S&P BSE Utilities, down 0.64% and S&P BSE Bankex, down
0.61%.
• According to the Reserve Bank of India’s consumer confidence survey, the
current situation index fell to 53.1 in Mar 2021 from 55.5 in Jan 2021, with
100 is separating pessimism from optimism. The future expectations index
fell to 108.8 from 117.1 in the previous year, indicating that survey
respondents are less positive about the coming year. As per RBI, the
reasons for the pessimism were worsening feelings about the general
economic condition, wages, and employment prospects.
• The government has published the Copyright (Amendment) Rules,2021,
which contain a new clause that removes the need for publication in the
Official Gazette. New rules dealing with undistributed royalty amounts and
the use of electronic and traceable payment systems when collecting and
distributing royalties have been implemented to promote accountability
and transparency.
• According to the Centre for Monitoring Indian Economy, consumer
sentiments in Mar 2021 were down 46.8% compared to the average in
2019-20. Market sentiments among households with annual incomes of less
than Rs. 400,000 were about 43% lower than the index in2019-20, while
sentiments among households with incomes between Rs. 400,000 and Rs.
1,000,000 were about 55% lower.
• The Union Cabinet approved a Rs. 6,238 crore Production-Linked Incentive
scheme for white goods (air conditioners and LED lights) with a five-year
target of incremental production of Rs. 1.68 lakh crore and exports of Rs.
64,400 crore.
• Infosys announced a strategic long-term partnership with ArcelorMittal to
help drive the company’s digital transformation and allow next-generation
application management and business process management (BPM) services
for ArcelorMittal Europe.
• Vodafone Idea Ltd’s (VIL) enterprise arm, Vi Company, has launched
'Integrated IoT Solutions' for businesses. With this industry-first initiative,
VIL has established itself as India's only telecom company to provide a
stable end-to-end IoT solution that includes connectivity, hardware,
network, application, analytics, protection, and support.
• Asian markets broadly rose after the minutes from the Fed's Mar meeting
indicated that policymakers have little concern over inflation despite rising
longer-term government bond yields. Today (as on Apr 9), markets are
largely trading higher tracking overnight gains in Wall Street. While Nikkei is
up 0.63%, Hang Seng is down 0.44% (as at 8:00 AM IST).
• European markets rose after the minutes of Fed’s latest policy meeting
reiterated that the U.S. central bank does not intend to change its ultra-
loose monetary policy anytime soon.
• U.S. markets went up following U.S. Fed's repeated assurances that
monetary policy is likely to remain unchanged for the foreseeable future.
Markets for You
FII Derivative Trade Statistics
08-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 6148.46 5386.51 11009.25
Index Options 536185.43 536668.65 97170.74
Stock Futures 12405.67 12106.50 93677.69
Stock Options 9646.64 9700.59 12912.58
Total 564386.20 563862.25 214770.26
08-Apr Prev_Day
Change
Put Call Ratio (OI) 1.20 1.29 -0.09
Put Call Ratio(Vol) 1.05 0.97 0.08
08-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 3.13% 3.30% 3.12% 4.24%
T-Repo 2.78% 3.37% 3.25% 2.22%
Repo 4.00% 4.00% 4.00% 4.40%
Reverse Repo 3.35% 3.35% 3.35% 4.00%
91 Day T-Bill 3.32% 3.25% 3.28% 4.19%
364 Day T-Bill 3.72% 3.75% 3.69% 4.52%
10 Year Gilt 6.03% 6.18% 6.22% 6.44%
G-Sec Vol. (Rs.Cr) 31333 19231 23901 13053
FBIL MIBOR 3.43% 3.50% 3.35% 4.55%
3 Month CP Rate 3.70% 3.55% 3.70% 6.20%
5 Year Corp Bond 6.32% 6.54% 6.24% 7.39%
1 Month CD Rate 3.37% 3.29% 3.01% 4.00%
3 Month CD Rate 3.34% 3.28% 3.51% 4.53%
1 Year CD Rate 3.91% 4.38% 4.29% 5.79%
Currency 08-Apr Prev_Day
Change
USD/INR 74.37 74.12 0.25
GBP/INR 102.33 102.19 0.14
EURO/INR 88.28 88.01 0.27
JPY/INR 0.68 0.67 0.00
Commodity 08-Apr Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 59.56 61.36 64.99 24.92
Brent Crude($/bl) 61.27 61.74 68.84 20.96
Gold( $/oz) 1756 1730 1681 1646
Gold(Rs./10 gm) 46189 44741 44349 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
09 April 2021
Derivative Statistics- Nifty Options
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• Nifty Apr 2021 Futures stood at 14,924.40, a premium of 50.60 points
above the spot closing of 14,873.80. The turnover on NSE’s Futures and
Options segment rose to Rs. 85,04,305.48 crore on April 08, 2021,
compared with Rs. 43,86,299.24 crore on April 07, 2021.
• The Put-Call ratio stood at 0.97 compared with the previous session’s close
of 0.92.
• The Nifty Put-Call ratio stood at 1.2 compared with the previous session’s
close of 1.29.
• Open interest on Nifty Futures stood at 11.52 million, compared with the
previous session’s close of 11.78 million.
• Bond yields fell for the second consecutive session as market participants
remained 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 5 bps at 6.03%
from the previous close of 6.08% after moving in the range of 6.03% to
6.08%.
• RBI announces to conduct open market purchase of five government
securities under G-sec Acquisition Programme (G-SAP 1.0) for an aggregate
amount of Rs. 25,000 crore on April 15, 2021.
• Banks borrowed Rs. 11 crore under the central bank’s marginal standing
facility on Apr 7, 2021 compared to that of Apr 06, 2021 when banks did not
borrowed.
• The Indian rupee eased against the U.S dollar in a lower volume session.
Meanwhile, outlook for rupee remained bearish on the Reserve Bank of
India’s bond buying plan as per market view.
• Euro rose against the U.S. dollar tracking fall in U.S. Treasury yields, after
data showed a surprise rise in U.S. weekly jobless claims.
• Gold prices rose 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.
• Brent crude prices rose after oil inventories dropped for the week ended
Apr 2, 2021.
• According to the minutes from the U.S. Federal Reserve's latest monetary
policy meeting, the bank is unlikely to change its ultra-loose monetary policy
anytime soon despite recent signs of strength in the U.S. economy.
• According to data from Destatis, Germany’s factory orders rose 1.2% MoM
in Feb 2021 as against 0.8% rise in Jan 2021. Domestic orders rose 4% MoM,
while foreign orders fell 0.5% MoM in Feb 2021.
• According to data from the Cabinet Office, Japan’s current conditions index
of the Economy Watchers' Survey, which measures the current situation of
the economy, increased to 49.0 in Mar 2021 from 41.3 in Feb 2021. The
outlook index that signals future activity fell to 49.8 in Mar from 51.3 in Feb.
Markets for You
