Global Indices
Global Indices 02-Feb Prev_Day Abs. Change
% Change
Russell 3000 2,018 1,987 31 1.56
Nasdaq 13,613 13,403 209 1.56
FTSE 6,517 6,466 50 0.78
Nikkei 28,362 28,091 271 0.97
Hang Seng 29,249 28,893 356 1.23
Indian Indices 02-Feb Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,798 48,601 1,197 2.46
Nifty 50 14,648 14,281 367 2.57
Nifty 100 14,721 14,362 359 2.50
Nifty 500 12,053 11,770 283 2.41
Nifty Bank 34,268 33,089 1,179 3.56
S&P BSE Power 2,121 2,064 58 2.79
S&P BSE Small Cap 18,646 18,353 293 1.59
S&P BSE HC 21,063 20,683 380 1.84
Date P/E Div. Yield P/E Div. Yield
2-Feb 33.92 0.80 38.79 1.08
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 02-Feb Prev_Day
% Change
Tata Motors 322 280 15.16
Shree Cements Limited 26433 24544 7.70
SBI 333 311 7.21
Nifty 50 Top 3 Losers Domestic News
Company 02-Feb Prev_Day
% Change
HDFC Standard Life Insurance Co. 681 699 -2.57
Bajaj Finserv Limited 9476 9722 -2.53
Hero Moto 3294 3341 -1.40
Advance Decline Ratio
BSE NSE
Advances 1714 1235
Declines 1226 715
Unchanged 174 76
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 16977
MF Flows** -12980
*2
nd
Feb 2021; **29
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 01 Feb, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 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
1970
1849
7.27%
(Sep-20)
• Indian equity markets extended the Budget day rally for the second
consecutive session with investor sentiments buoyed by the
announcements made by the finance minister regarding slew of measures
to revive the pandemic-hit economy.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 2.46% and
2.57% to close at 49,797.72 and 14,647.85 respectively.
• The overall market breadth on BSE was strong with 1,714 scrips advancing
and 1,226 scrips declining. A total of 174 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Industrials was the
major gainer, up 4.23%, followed by S&P BSE Auto and S&P BSE Capital
Goods, up 3.95% and 3.91%, respectively. S&P BSE Realty and S&P BSE
Bankex gained 3.7% and 3.42% respectively.
• The 15th Finance Commission recommended that the slabs under the
Goods and Services Tax (GST) of 12% and 18% be combined into one
uniform rate and that GST be rationalized to a three-rate system,
complemented by a 5% merit rate and a 28%-30% de-merit rate. The true
potential of GST is to generate revenue at 7.1% of GDP, while it currently
generates revenue at 5.1% of GDP. GST’s true potential is to generate
revenue at 7.1% of GDP, while at present it generates revenue at 5.1% of
GDP. The revenue gap thus stands at a huge 2% of GDP that approximately
translates into a loss of sales worth Rs. 4 trillion.
• According to the preliminary data of the commerce ministry, India’s exports
grew 5.37% YoY to USD 27.24 billion in Jan 2021 as compared to USD 25.85
billion in Jan 2020.
• In the Union Budget 2021-22, Finance Minister announced that capital
market watchdog, Securities and Exchange Board of India (Sebi), will be the
appointed gold exchange regulator to make gold transactions transparent.
Also, Warehousing Development and Regulatory Authority will be
strengthened to create a commodity market ecosystem arrangement
including vaulting, assaying and logistics in addition to warehousing.
• According to a major credit rating agency, the Indian budget for the next
fiscal year is an attempt by the government to support economic growth,
but fiscal consolidation will pose a major challenge for future policymakers.
Currently, the credit rating agency does not see any material impact on
India's key credit factors from the budget, but the brightening growth
prospects of the economy would be crucial for sustaining the sustainability
of public finances.
• HDFC announced 65% YoY decline in standalone net profit to Rs. 2,925.83
crore for the quarter ended Dec 2020 as against net profit of Rs. 8,372 in
the year-ago period. The decline in profit came due to lower income.
• PVR Ltd has raised Rs. 800 crore by issuing shares through qualified
institutional placement (QIP) to a set of investors.
• Asian markets closed in the green as investors remained optimistic that the
declining coronavirus cases and vaccine rollouts will support the near-term
economic recovery. Market participants also remained hopeful of the U.S.
stimulus. Today (as on Feb 3), markets are largely trading higher, following
overnight surge on Wall Street. While Nikkei is up 0.74%, Hang Seng is
down 0.35% (as at 8:00 AM IST).
• European markets rose on the back of strong investor risk appetite, amid
rising optimism about additional U.S. stimulus and a likely momentum in
vaccination rollout.
• U.S. markets went up, led by encouraging quarterly earning numbers
reported by some major companies, coupled with optimism about more
fiscal stimulus by the government.
Markets for You
FII Derivative Trade Statistics
02-Feb
(Rs Cr) Buy
Sell Open Int.
Index Futures 12258.58 10123.86 11574.32
Index Options 516140.91 518660.65 95166.24
Stock Futures 23282.22 21932.35 96218.53
Stock Options 13705.10 13683.63 8434.11
Total 565386.81 564400.49 211393.20
02-Feb Prev_Day
Change
Put Call Ratio (OI) 1.39 1.41 -0.02
Put Call Ratio(Vol) 0.99 0.97 0.02
02-Feb Wk. Ago Mth. Ago
Year Ago
Call Rate 3.20% 3.25% 3.20% 4.97%
T-Repo 3.21% 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 3.31% 3.26% 2.97% 5.09%
364 Day T-Bill 3.61% 3.58% 3.36% 5.27%
10 Year Gilt 6.15% 5.96% 5.90% 6.60%
G-Sec Vol. (Rs.Cr) 32456 14387 47031 31446
FBIL MIBOR
[1]
3.47% 3.46% 3.47% 5.05%
3 Month CP Rate 3.85% 3.85% 3.55% 5.75%
5 Year Corp Bond 6.66% 6.57% 6.30% 7.36%
1 Month CD Rate 3.30% 3.32% 3.01% 5.14%
3 Month CD Rate 3.32% 3.35% 2.99% 5.50%
1 Year CD Rate 4.03% 3.93% 3.77% 5.95%
Currency 02-Feb Prev_Day
Change
USD/INR 72.98 73.02 -0.04
GBP/INR 99.86 100.36 -0.50
EURO/INR 88.11 88.58 -0.47
JPY/INR 0.70 0.70 0.00
Commodity 02-Feb
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 54.74 52.58 48.32 51.53
Brent Crude($/bl) 58.37 55.15 50.86 58.36
Gold( $/oz) 1837 1850 1898 1590
Gold(Rs./10 gm) 48182 49239 50040 40694
Source: Refinitiv
[1]
Data as on 01 Feb, 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
03 February 2021
Derivative Statistics- Nifty Options
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• Nifty Feb 2021 Futures stood at 14,696.00, a premium of 48.15 points
above the spot closing of 14,647.85. The turnover on NSE’s Futures and
Options segment rose to Rs. 41,68,708.53 crore on February 02, 2021,
compared with Rs. 38,53,697.10 crore on February 01, 2021.
• The Put-Call ratio stood at 0.99 compared with the previous session’s close
of 0.96.
• The Nifty Put-Call ratio stood at 1.39 compared with the previous session’s
close of 1.41.
• Open interest on Nifty Futures stood at 10.71 million, compared with the
previous session’s close of 10.82 million.
• Bond yields rose for the second consecutive session after the government
announced a sharply higher than anticipated borrowing for FY22.
• Yield on the 10-year benchmark paper (5.77% GS 2030) surged 7 bps to
close at 6.15% from the previous close of 6.08% after trading in the range
of 6.11% to 6.16%.
• Tata Motors Finance plans to raise funds selling commercial papers
maturing in three months at a coupon of 4.15% and has received
commitments worth around Rs. 250 crore
• Banks did not borrow under the central bank’s marginal standing facility
both on Feb 01, 2021 as well as Jan 29, 2021.
• The Indian rupee inched up against the U.S. dollar following rise in domestic
equity market amid optimism of a quick economic rebound following the
Union budget. However, persisting concerns of fiscal slippage, restricted
gains.
• The euro fell against the U.S. dollar as concern about extended lockdowns in
the euro zone weighed on the single currency along with optimism about
U.S. stimulus.
• Gold prices fell as the speculative retail trading mania appeared to fade out.
• Brent crude prices surged after major oil producers showed that they were
cutting crude output in line with their commitments on reducing oil
production.
• According to the Commerce Department, U.S. construction spending rose
1% to an annual rate of $1.490 trillion in Dec 2020 after increasing 1.1% to a
rate of $1.476 billion in Nov 2020.
• According to preliminary flash estimate published by Eurostat, eurozone’s
gross domestic product fell 0.7% sequentially in the fourth quarter of 2020
as against sharp growth of 12.4% in the third quarter of 2020. On a yearly
basis, the economy fell 5.1% in the fourth quarter as against 4.3% decline in
the third quarter.
• According to a report released by the Institute for Supply Management, U.S.
manufacturing Purchasing Managers’ Index declined to 58.7 in Jan 2021
from a downwardly revised 60.5 in Dec 2020.
Markets for You
