Global Indices
Global Indices 01-Feb Prev_Day Abs. Change
% Change
Russell 3000 1,987 1,944 43 2.20
Nasdaq 13,403 13,071 333 2.55
FTSE 6,466 6,407 59 0.92
Nikkei 28,091 27,663 428 1.55
Hang Seng 28,893 28,284 609 2.15
Indian Indices 01-Feb Prev_Day Abs. Change
% Change
S&P BSE Sensex 48,601 46,286 2,315 5.00
Nifty 50 14,281 13,635 647 4.74
Nifty 100 14,362 13,743 618 4.50
Nifty 500 11,770 11,302 468 4.14
Nifty Bank 33,089 30,566 2,524 8.26
S&P BSE Power 2,064 2,005 59 2.95
S&P BSE Small Cap 18,353 17,988 365 2.03
S&P BSE HC 20,683 20,629 54 0.26
Date P/E Div. Yield P/E Div. Yield
1-Feb 33.08 0.82 38.26 1.11
Month Ago 33.50 0.83 38.55 1.13
Year Ago 24.46 1.04 26.41 1.27
Nifty 50 Top 3 Gainers
Company 01-Feb Prev_Day
% Change
IndusInd Bank 971 846 14.71
ICICI Bank 604 537 12.44
Bajaj Finserv Limited 9722 8723 11.45
Nifty 50 Top 3 Losers Domestic News
Company 01-Feb Prev_Day
% Change
United Phos 534 561 -4.74
Dr.Reddy 4428 4603 -3.79
Cipla 806 826 -2.36
Advance Decline Ratio
BSE NSE
Advances 1928 1348
Declines 1013 607
Unchanged 188 75
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 15128
MF Flows** -15725
*1
st
Feb 2021; **25
th
Jan 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
4.59%
(Dec-20)
7.35%
(Dec-19)
IIP
-1.90%
(Nov-20)
2.10%
(Nov-19)
GDP
-7.50%
(Sep-20)
4.40%
(Sep-19)
[1]
Data as on 29 Jan, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
02 February 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
-7.10%
(Aug-20)
-23.90%
(Jun-20)
Quarter Ago
Inflow/Outflow
-875
-4344
7.27%
(Sep-20)
• Indian equity markets witnessed sharp rally as investor sentiments
remained upbeat following the Union Budget announcements for FY22.
Market participants cheered after Finance Minister proposed doubling
healthcare spending, recapitalisation of public-sector banks and divestment
of some state-owned lenders, aiming to bolster an economy that plunged
into its deepest recorded slump amid the virus outbreak.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 5% and 4.74%
to close at 48,600.61 and 14,281.20 respectively.
• The overall market breadth on BSE was strong with 1,928 scrips advancing
and 1,013 scrips declining. A total of 188 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Bankex was the major
gainer, up 8.33%, followed by S&P BSE Finance and S&P BSE Realty, up
7.49% and 6.65%, respectively. S&P BSE Capital Goods and S&P BSE Metal
gained 5.48% and 5.19% respectively.
• Finance Minister announced India’s fiscal deficit target for FY21 estimated
at 9.5% (Revised estimate (RE)) of the GDP, which is expected to fall to
6.8% (Budget Estimates (BE)) of GDP in FY22. The fiscal deficit is
forecasted to reach below 4.5% by FY26. Also government will borrow
additional Rs. 80,000 crore in the remaining two months to meet FY21
expenditure. Government’s net market borrowings for FY21 and FY22 is
expected at Rs. 12.74 lakh crore and Rs. 9.68 lakh crore, respectively.
• Government proposed a rise of 137% YoY to Rs. 2,23,846 crore budget
outlay for health and well being for FY22. To push growth through
infrastructure creation government increased its capital expenditure for
FY22 to Rs. 5.54 lakh crore (BE) from Rs. 3.36 lakh crore in FY20 and Rs. 4.39
lakh crore in FY21 (RE).
• Agriculture Infrastructure and Development Cess of Rs. 2.5 per litre has
been imposed on petrol and Rs. 4 per litre on diesel and other small items
as per the specified items mentioned in the budget.
• The government has budgeted Rs. 1.75 lakh crore from stake sale in public
sector companies and financial institutions, including 2 PSU banks and one
insurance company in FY22.
• Honda Cars India Ltd posted more than two-fold increase in domestic sales
to 11,319 units in Jan 2021 as compared to the same month last year. The
company had sold 5,299 units in the domestic market in Jan 2020. Exports
rose to 1,233 units in Jan 2021 as against 182 units in the year-ago period.
• Maruti Suzuki India announced 4.3% increase in total sales to 1,60,752 units
in Jan 2021 as against 1,54,123 units in Jan 2020. Domestic sales rose 2.6%
to 1,48,307 units last month as against 1,44,499 units in Jan 2020.
• Asian markets went up as concerns over slow recovery caused by
unexpected issues with the vaccine rollouts eased after AstraZeneca said it
would increase its coronavirus vaccine deliveries to the European Union by
30%. Today (as on Feb 2), markets are trading higher following overnight
positive cues from U.S. markets. Both Nikkei and Hang Seng are up 0.58%
and 1.16% (as at 8:00 AM IST), respectively.
• European markets went up as encouraging developments on vaccine
rollout and corporate earnings boosted the risk appetite of the investors.
• U.S. markets recovered from the previous session’s sell-off as investors
resorted to value buying following recent weakness.
Markets for You
FII Derivative Trade Statistics
01-Feb
(Rs Cr) Buy
Sell Open Int.
Index Futures 6472.67 6477.73 11106.17
Index Options 247516.59 245045.78 68931.16
Stock Futures 17412.20 17595.13 89349.04
Stock Options 10354.73 10550.17 6888.47
Total 281756.19 279668.81 176274.84
01-Feb Prev_Day
Change
Put Call Ratio (OI) 1.41 0.98 0.43
Put Call Ratio(Vol) 0.97 1.01 -0.05
01-Feb Wk. Ago Mth. Ago
Year Ago
Call Rate 3.21% 3.25% 3.20% 4.97%
T-Repo 3.20% 3.23% 2.66% 4.92%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.33% 3.26% 2.97% 5.09%
364 Day T-Bill 3.70% 3.58% 3.36% 5.27%
10 Year Gilt 6.07% 5.96% 5.90% 6.60%
G-Sec Vol. (Rs.Cr) 47031 14387 47031 31446
FBIL MIBOR
[1]
3.47% 3.46% 3.47% 5.05%
3 Month CP Rate 3.90% 3.85% 3.55% 5.75%
5 Year Corp Bond 6.58% 6.56% 6.30% 7.36%
1 Month CD Rate 3.35% 3.32% 3.01% 5.14%
3 Month CD Rate 3.34% 3.35% 2.99% 5.50%
1 Year CD Rate 4.04% 3.93% 3.77% 5.95%
Currency 01-Feb Prev_Day
Change
USD/INR 73.02 72.95 0.07
GBP/INR 100.36 100.02 0.34
EURO/INR 88.58 88.30 0.28
JPY/INR 0.70 0.70 0.00
Commodity 01-Feb
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 53.52 52.75 48.32 51.53
Brent Crude($/bl) 56.16 54.97 50.86 58.36
Gold( $/oz) 1860 1855 1898 1590
Gold(Rs./10 gm) 48724 49239 50040 40694
Source: Refinitiv
[1]
Data as on 29 Jan, 2021
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
02 February 2021
Derivative Statistics- Nifty Options
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• Nifty Feb 2021 Futures stood at 14,351.25, a premium of 70.05 points
above the spot closing of 14,281.20. The turnover on NSE’s Futures and
Options segment rose to Rs. 38,53,697.10 crore on February 01, 2021,
compared with Rs. 17,93,726.30 crore on January 29, 2021.
• The Put-Call ratio stood at 0.96 compared with the previous session’s close
of 0.9.
• The Nifty Put-Call ratio stood at 1.41 compared with the previous session’s
close of 0.98.
• Open interest on Nifty Futures stood at 10.82 million, compared with the
previous session’s close of 9.89 million.
• Bond yields surged after the government announced a sharply higher than
anticipated borrowing for FY22 and also increased this year’s borrowing in
the Union Budget 2021-22.
• The Finance Minister in the Union Budget 2021-22 announced that the
government will borrow Rs. 12 trillion via bonds in the next financial year.
Government also increased this year’s borrowing to a record high of Rs.
12.80 trillion. Government is also borrowing an additional Rs. 1.10 trillion on
behalf of financially constrained states.
• Yield on the 10-year benchmark paper (5.77% GS 2030) surged 13 bps to
close at 6.08% from the previous close of 5.95% after trading in the range
of 5.93% to 6.10%.
• Banks did not borrow under the central bank’s marginal standing facility on
Jan 29, 2020 compared with borrowing of Rs. 54 crore on Jan 28, 2020.
• The Indian rupee declined for the second consecutive session against the
U.S. dollar, as the government’s higher-than-expected fiscal deficit raised
concerns of a sovereign rating downgrade.
• Euro fell against U.S. dollar despite the latter weakened broadly following
rebound in global equity market.
• Gold prices rose as a speculative retail trading mania appeared to spill over
into the metals market.
• Brent crude prices rose due to rising winter fuel demand as one of the
worst snowstorms in years hit the U.S. Northeast.
• According to data from IHS Markit, U.K. manufacturing Purchasing
Managers' Index (PMI) fell to a three-month low of 54.1 in Jan 2021 from
57.5 in Dec 2020. The decline came due to declining new order intakes and a
sharp fall in input stocks.
• According to data from IHS Markit, China’s Caixin manufacturing Purchasing
Managers' Index (PMI) fell to 51.5 in Jan 2021 from 53.0 in Dec 2020. In Jan,
in the midst of a slowdown in production and new orders growth, China's
manufacturing sector expanded at the slowest pace in seven months.
• According to the Bank of England, U.K. mortgages approval fell to 103,400
in Dec 2020 from 105,300 in Nov 2020.
Markets for You
