Global Indices
Global Indices 27-Apr Prev_Day Abs. Change
% Change
Russell 3000 2,118 2,123 -5 -0.25
Nasdaq 14,090 14,139 -49 -0.34
FTSE 6,945 6,963 -18 -0.26
Nikkei 28,992 29,126 -134 -0.46
Hang Seng 28,942 28,953 -11 -0.04
Indian Indices 27-Apr Prev_Day Abs. Change
% Change
S&P BSE Sensex 48,944 48,387 558 1.15
Nifty 50 14,653 14,485 168 1.16
Nifty 100 14,808 14,646 162 1.11
Nifty 500 12,363 12,217 146 1.19
Nifty Bank 32,735 32,275 460 1.43
S&P BSE Power 2,470 2,456 14 0.55
S&P BSE Small Cap 21,507 21,190 316 1.49
S&P BSE HC 23,344 23,172 172 0.74
Date P/E Div. Yield P/E Div. Yield
27-Apr 32.96 0.80 32.28 0.98
Month Ago 34.26 0.73 39.51 1.09
Year Ago 19.20 1.22 20.77 1.64
Nifty 50 Top 3 Gainers
Company 27-Apr Prev_Day
% Change
Hindalco 366 348 5.14
Tata Steel 978 941 3.93
L&T Ltd. 1381 1336 3.35
Nifty 50 Top 3 Losers Domestic News
Company 27-Apr Prev_Day
% Change
HDFC Standard Life Insurance Com
679 704 -3.65
SBI Life Insurance Company Limite
929 943 -1.46
Maruti 6569 6639 -1.06
Advance Decline Ratio
BSE NSE
Advances 1921 1325
Declines 1037 570
Unchanged 161 110
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 44836
MF Flows** -20391
*27
th
Apr 2021; **26
th
Apr 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
5.52%
(Mar-21)
5.84%
(Mar-20)
IIP
-3.60%
(Feb-21)
5.20%
(Feb-20)
GDP
0.40%
(Dec-20)
3.30%
(Dec-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
28 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
-1.60%
(Nov-20)
-7.30%
(Sep-20)
Quarter Ago
Inflow/Outflow
1274
-1055
4.59%
(Dec-20)
• Indian equity markets went up in anticipation of healthy earnings from
major companies for the Mar quarter. Reports of dip in COVID-19 cases in
Mumbai since Maharashtra entered lockdown earlier this month also
supported buying interest.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.15% and
1.16% to close at 48,944.14 and 14,653.05 respectively.
• The overall market breadth on BSE was strong with 1,921 scrips advancing
and 1,037 scrips declining. A total of 161 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Metal was the major
gainer, up 2.83%, followed by S&P BSE Basic Materials and S&P BSE Capital
Goods, up 2.47% and 2.29%, respectively. S&P BSE Energy and S&P BSE
Industrials gained 2.09% and 2.09% respectively.
• The Reserve Bank of India (RBI) has issued guidelines for statutory auditors
to be appointed by banks and NBFCs, including housing finance companies.
The 'Guidelines for Appointment of Statutory Central Auditors (SCAs)/
Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs, and
NBFCs (including HFCs)' will be in effect beginning in FY22. According to
the guidelines, statutory audits for organisations with assets of Rs 15,000
crore or more at the end of the previous year should be performed under
joint audit by at least two audit firms. A statutory auditor may be appointed
to any bank with a balance sheet of less than Rs 15,000 crore. Concurrent
auditors, on the other hand, cannot be certified as statutory auditors in
either situation.
• According to the government, India is in talks with Taiwan, Japan, Australia,
the United Arab Emirates, and New Zealand to achieve Mutual Recognition
Agreements (MRA) for organic product exports. Outbound shipments of
India's organic food products increased by 51% to $1.04 billion in FY21. An
MRA is an agreement between two or more countries to accept each
other's conformity tests, facilitating trade.
• Axis Bank announced a return to profit of Rs. 2,677 crore in the quarter
ended Mar 2021 due to a sharp drop in provisions as against net loss of Rs.
1,388 crore in the quarter ended Mar 2020. Net interest income increased
by 11% to Rs. 7,555 crore in quarter ended Mar 2021 from Rs 6,808 crore in
the same quarter of the previous year.
• Dr Reddy's Laboratories said it expects the first lot of stock from Russian
Direct Investment Fund by the end of May, after receiving approval from
the Indian drug regulator for limited emergency use of COVID-19 vaccine
Sputnik V.
• Asian markets closed in the red as growing COVID-19 cases in emerging
economies including India and Brazil dented hopes for a swift global
economic recovery. Investors also keenly awaited U.S. Federal Reserve's
monetary policy announcement and Fed Chairman's comments on the
economy for directional cues. Today (as on Apr 28), markets are largely
trading lower ahead of the U.S. Fed monetary policy announcements. Both
Nikkei and Hang Seng are up 0.22% and 0.21% (as at 8:00 AM IST),
respectively.
• European markets went down ahead of the U.S. Fed monetary policy
announcement. Uncertainty about the pace of global economic recovery
due to the continued surge in coronavirus cases in India and Japan weighed
on sentiment.
• U.S. markets largely traded flat as investors remained on sidelines ahead of
U.S. Federal Reserve's latest monetary policy decision.
Markets for You
FII Derivative Trade Statistics
27-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 5933.41 4703.93 12364.41
Index Options 235796.73 234895.05 100483.34
Stock Futures 35687.75 34477.27 99497.88
Stock Options 18671.46 18598.07 18868.86
Total 296089.35 292674.32 231214.49
27-Apr Prev_Day
Change
Put Call Ratio (OI) 1.51 1.39 0.12
Put Call Ratio(Vol) 1.04 0.98 0.06
27-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 3.20% 3.23% 3.23% 4.03%
T-Repo 3.23% 3.23% 3.26% 2.09%
Repo 4.00% 4.00% 4.00% 4.40%
Reverse Repo 3.35% 3.35% 3.35% 3.75%
91 Day T-Bill 3.31% 3.33% 3.30% 3.57%
364 Day T-Bill 3.71% 3.72% 3.70% 3.81%
10 Year Gilt 6.05% 6.07% 6.12% 6.15%
G-Sec Vol. (Rs.Cr) 24614 19530 24168 38551
FBIL MIBOR 3.42% 3.43% 3.47% 4.48%
3 Month CP Rate 3.50% 3.55% 3.55% 5.25%
5 Year Corp Bond 6.27% 6.61% 6.57% 6.88%
1 Month CD Rate 3.22% 3.23% 3.43% 5.30%
3 Month CD Rate 3.31% 3.35% 3.33% 4.95%
1 Year CD Rate 3.95% 3.99% 4.32% 4.92%
Currency 27-Apr Prev_Day
Change
USD/INR 74.60 74.77 -0.17
GBP/INR 103.58 103.95 -0.37
EURO/INR 90.03 90.51 -0.48
JPY/INR 0.69 0.69 0.00
Commodity 27-Apr Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 62.98 62.56 60.88 11.97
Brent Crude($/bl) 66.31 64.44 64.24 10.69
Gold( $/oz) 1777 1777 1732 1714
Gold(Rs./10 gm) 47569 47314 44569 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
28 April 2021
Derivative Statistics- Nifty Options
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• Nifty Apr 2021 Futures stood at 14,644.70, a discount of 8.35 points below
the spot closing of 14,653.05. The turnover on NSE’s Futures and Options
segment rose to Rs. 27,85,598.83 crore on April 27, 2021, compared with
Rs. 25,96,258.17 crore on April 26, 2021.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.9.
• The Nifty Put-Call ratio stood at 1.51 compared with the previous session’s
close of 1.38.
• Open interest on Nifty Futures stood at 13.54 million, compared with the
previous session’s close of 12.85 million.
• Bond yields rose as market participants awaited the announcement of the
next open market purchase of government securities by the Reserve Bank
of India (RBI). The overall market sentiment also remained subdued as India
continued to witness an unprecedented surge in daily COVID-19 infection
cases.
• Yield on the 10-year benchmark paper (5.85% GS 2030) inched up 1 bps to
close at 6.05% compared to the previous close of 6.04% after moving in a
range of 6.04% to 6.07%.
• Banks borrowed Rs. 121 crore under the central bank’s marginal standing
facility on Apr 26, 2021 compared to that of Apr 23, 2021 when banks
borrowed Rs. 149 crore.
• RBI conducted the auction of state development loans of Manipur for a
notified amount of Rs. 200 crore for which the full amount was accepted.
The cut off yield stood at 6.78%.
• The Indian rupee rose against the greenback following gains in the domestic
equity market. Selling of the greenback by exporters also contributed to the
upside.
• Euro remained almost steady against the greenback as market participants
awaited the outcome of the U.S. Federal Reserve monetary policy review
where no change in monetary policy is expected.
• Gold prices inched down ahead of the outcome of the U.S. Federal Reserve
monetary policy review.
• Brent crude prices rose as media reports suggested that OPEC+ does not
see a lasting impact on demand from the coronavirus crisis in India.
• As was generally anticipated, the Bank of Japan kept its monetary stimulus
unchanged at -0.1% on current accounts that financial institutions maintain
at the central bank. Despite the constraints imposed by the COVID-19
pandemic, the bank downgraded its near-term inflation outlook and
increased its growth estimates. The bank will continue to buy a sufficient
amount of Japanese government bonds without setting an upper limit,
ensuring that 10-year JGB yields stay around 0%.
• According to the Conference Board, U.S. consumer confidence index rose to
121.7 in Apr 2021 after rising to a revised 109.0 in Mar 2021.
• According to the Distributive Trades Survey, U.K. retail sales balance rose
more than expected to +20% in Apr 2021 from -45% in Mar 2021.
Markets for You
