Global Indices
Global Indices 28-Apr Prev_Day Abs. Change
% Change
Russell 3000 2,111 2,118 -6 -0.31
Nasdaq 14,051 14,090 -39 -0.28
FTSE 6,964 6,945 19 0.27
Nikkei 29,054 28,992 62 0.21
Hang Seng 29,071 28,942 130 0.45
Indian Indices 28-Apr Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,734 48,944 790 1.61
Nifty 50 14,865 14,653 212 1.44
Nifty 100 15,005 14,808 197 1.33
Nifty 500 12,518 12,363 155 1.26
Nifty Bank 33,723 32,735 987 3.02
S&P BSE Power 2,499 2,470 30 1.21
S&P BSE Small Cap 21,658 21,507 152 0.71
S&P BSE HC 23,321 23,344 -23 -0.10
Date P/E Div. Yield P/E Div. Yield
28-Apr 33.59 0.81 32.72 0.96
Month Ago 34.26 0.73 39.51 1.09
Year Ago 19.44 1.21 21.00 1.62
Nifty 50 Top 3 Gainers
Company 28-Apr Prev_Day
% Change
Bajaj Finance 5281 4865 8.55
NA 2521 2400 5.05
IndusInd Bank 927 882 5.04
Nifty 50 Top 3 Losers Domestic News
Company 28-Apr Prev_Day
% Change
Britannia Industries Limited 3479 3541 -1.76
Hindalco 363 366 -1.00
HDFC Standard Life Insurance Com
673 679 -0.91
Advance Decline Ratio
BSE NSE
Advances 1792 1204
Declines 1173 716
Unchanged 179 98
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 43727
MF Flows** -20391
*28
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.
29 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
-1109
4.59%
(Dec-20)
• Indian equity markets extended the previous session’s rally, backed by
expectation over robust corporate earnings result for the Mar quarter and
vaccine optimism. Strong buying was seen in major stocks ahead of the U.S.
Fed interest rate decision.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.61% and
1.44% to close at 49,733.84 and 14,864.55 respectively.
• The overall market breadth on BSE was strong with 1,792 scrips advancing
and 1,173 scrips declining. A total of 179 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 3%
followed by S&P BSE Finance, up 2.85% and S&P BSE Auto, up 1.78%. S&P
BSE Realty was the major loser, down 0.49% followed by S&P BSE Metal,
down 0.29% and S&P BSE Capital Goods, down 0.1%.
• According to the Asian Development Bank (ADB), in FY22, India's economy
is projected to rise by 11%, amid successful vaccine campaign. The ADB has
warned that the rise in COVID-19 cases could jeopardise India's economic
recovery.
• According IHS Markit, in FY22, India is expected to develop at a rate of 9.6%
real GDP growth, though the tighter restrictions predicted above suggest
that economic growth could be further slowed, as these steps will result in
wage and job losses for employees, also substantial production and
revenue losses for businesses, especially in the services sector and the
informal economy.
• According to a major credit rating agency, the second Covid-19 wave that
has consumed India has generated confusion, and a long-term outbreak
would stop India's economic recovery. If the government is forced to
reimpose large containment measures, the base assumption of 11% growth
in fiscal 2021/2022 may need to be revised. The country is already
experiencing a permanent loss of output compared to its pre-pandemic
level, implying a long-term production deficit of about 10% of GDP. The
Coronavirus pandemic increases the risk of market disruptions, in addition
to the significant loss of life and significant humanitarian concerns.
Negative credit spillovers to classified portfolios are still minimal, but the
situation is changing.
• The draft National Electricity Policy (NEP) which, under the Electricity Act,
2003 is a guiding policy for planning power generation, supply and
investment, has emphasised on increasing private participation, especially
in power distribution in its latest revision.
• Info Edge announce selling its stake worth Rs. 750 crore in the initial public
offering (IPO) of its investee company Zomato.
• Britannia Industries reported 3% decline in consolidated net profit at Rs.
360.07 crore in the quarter ended Mar 2021 as against consolidated net
profit of Rs. 372.35 crore in the same quarter a year ago. The increase in
profit came due to rise in commodity prices.
• Asian equity markets inched up amid caution trade as investors awaited the
outcome of the U.S. FOMC meeting later in the day for further insight into
the central bank's stance on inflation and bond purchases. Today (as on Apr
29), markets are trading higher in reaction to U.S. Fed’s decision to keep its
easy money policy in place. While Nikkei is closed due to public holiday,
Hang Seng is up 0.84% (as at 8:00 AM IST).
• European markets went up as investors cheered a batch of strong
corporate earnings result and awaited policy cues from a Federal Reserve
meeting later in the day.
• U.S. markets largely remained low after Fed left interest rates and asset
purchases unchanged in its latest policy meeting even as the central bank
upgraded its assessment of the U.S. economy.
Markets for You
FII Derivative Trade Statistics
28-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 5730.05 5779.91 13348.13
Index Options 243466.77 241437.87 108557.58
Stock Futures 40971.15 40018.09 103151.46
Stock Options 17354.95 17369.28 18204.75
Total 307522.92 304605.15 243261.92
28-Apr Prev_Day
Change
Put Call Ratio (OI) 1.57 1.51 0.06
Put Call Ratio(Vol) 0.96 1.04 -0.08
28-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 3.22% 3.23% 3.23% 4.05%
T-Repo 3.24% 3.23% 3.26% 2.80%
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% 3.60%
364 Day T-Bill 3.69% 3.72% 3.70% 3.80%
10 Year Gilt 6.05% 6.07% 6.12% 6.13%
G-Sec Vol. (Rs.Cr) 26142 19530 24168 28150
FBIL MIBOR 3.42% 3.43% 3.47% 4.46%
3 Month CP Rate 3.50% 3.55% 3.55% 5.35%
5 Year Corp Bond 6.27% 6.54% 6.57% 6.97%
1 Month CD Rate 3.26% 3.23% 3.43% 5.35%
3 Month CD Rate 3.32% 3.35% 3.33% 4.33%
1 Year CD Rate 3.95% 3.99% 4.32% 4.92%
Currency 28-Apr Prev_Day
Change
USD/INR 74.40 74.60 -0.20
GBP/INR 103.26 103.58 -0.32
EURO/INR 89.78 90.03 -0.25
JPY/INR 0.68 0.69 -0.01
Commodity 28-Apr Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 63.76 61.29 60.88 11.90
Brent Crude($/bl) 68.08 64.83 64.24 11.56
Gold( $/oz) 1781 1793 1732 1708
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
29 April 2021
Derivative Statistics- Nifty Options
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• Nifty Apr 2021 Futures stood at 14,855.30, a discount of 9.25 points below
the spot closing of 14,864.55. The turnover on NSE’s Futures and Options
segment rose to Rs. 43,53,205.73 crore on April 28, 2021, compared with
Rs. 27,85,598.83 crore on April 27, 2021.
• The Put-Call ratio stood at 0.88 compared with the previous session’s close
of 0.87.
• The Nifty Put-Call ratio stood at 1.57 compared with the previous session’s
close of 1.51.
• Open interest on Nifty Futures stood at 14.98 million, compared with the
previous session’s close of 13.54 million.
• Bond yields closed unchanged as market participants awaited the
announcement of the next debt purchase by the Reserve Bank of India (RBI).
A record spike in COVID-19 infection cases and fatalities also kept the
overall market sentiment subdued.
• Yield on the 10-year benchmark paper (5.85% GS 2030) closed unchanged at
6.05% after moving in a range of 6.04% to 6.07%.
• Banks borrowed Rs. 12 crore under the central bank’s marginal standing
facility on Apr 27, 2021 compared to that of Apr 26, 2021 when banks
borrowed Rs. 121 crore.
• The Indian rupee rose against the greenback following gains in the domestic
equity market. Selling of the greenback by foreign banks also contributed to
the upside.
• The euro rose against the greenback after the U.S. Federal Reserve kept
interest rates unchanged in its monetary policy review and re-affirmed its
accommodative policy to support the economic recovery.
• Gold prices rose after the U.S. Federal Reserve kept interest rates
unchanged in its monetary policy review.
• Brent crude prices rose after distillate stockpiles in U.S. fell by 3.3 million
barrels in the week ended Apr 23, 2021.
• The U.S. Federal Reserve kept interest rates unchanged in its monetary
policy review and re-affirmed its accommodative policy to support the
economic recovery. The Federal Open Market Committee unanimously
decided to make no changes in its approach even though it noted that
economic strength as well as inflation is on the rise.
• According to the GfK, Germany’s forward-looking consumer sentiment index
fell to -8.8 in May 2021 from revised -6.1 in Apr 2021. Germany’s consumer
confidence is expected to drop in May as increasing infection cases and the
tightening of the lockdown put a damper on spending.
• According to the British Retail Consortium, U.K.’s shop price index fell 1.3%
YoY in Apr 2021 following 2.4% decrease in Mar 2021.
Markets for You
