Global Indices
Global Indices 24-Feb Prev_Day Abs. Change
% Change
Russell 3000 2,003 1,987 16 0.80
Nasdaq 13,598 13,465 133 0.99
FTSE 6,659 6,626 33 0.50
Nikkei 29,672 30,156 -484 -1.61
Hang Seng 29,718 30,633 -914 -2.99
Indian Indices 24-Feb Prev_Day Abs. Change
% Change
S&P BSE Sensex 50,782 49,751 1,030 2.07
Nifty 50 14,982 14,708 274 1.86
Nifty 100 15,095 14,844 251 1.69
Nifty 500 12,455 12,264 192 1.56
Nifty Bank 36,452 35,117 1,335 3.80
S&P BSE Power 2,405 2,407 -2 -0.08
S&P BSE Small Cap 20,020 19,806 214 1.08
S&P BSE HC 21,023 20,948 75 0.36
Date P/E Div. Yield P/E Div. Yield
24-Feb 35.46 0.71 40.88 1.06
Month Ago 33.76 0.81 38.86 1.10
Year Ago 24.64 1.08 26.92 1.29
Nifty 50 Top 3 Gainers
Company 24-Feb Prev_Day
% Change
Hindalco Ind 346 333 3.97
Indusind Bank 1107 1070 3.42
Axis Bank 772 749 3.07
Nifty 50 Top 3 Losers Domestic News
Company 24-Feb Prev_Day
% Change
Nestle India 16181 16346 -1.01
Britannia Ind 3383 3406 -0.66
Tech Mahindra 955 960 -0.51
Advance Decline Ratio
BSE NSE
Advances 1806 1200
Declines 1120 632
Unchanged 173 88
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 43770
MF Flows** -27494
*24
th
Feb 2021; **16
th
Feb 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
4.06%
(Jan-21)
7.59%
(Jan-20)
IIP
1.00%
(Dec-20)
0.40%
(Dec-19)
GDP
-7.50%
(Sep-20)
4.40%
(Sep-19)
[1]
Data as on 23 Feb, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 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
1.00%
(Sep-20)
-23.90%
(Jun-20)
Quarter Ago
Inflow/Outflow
-1220
-345
7.61%
(Oct-20)
• Indian equity markets went up after trading resumed following a halt
caused due to a technical glitch. Strong buying interest was seen in stocks
of private banks after the government lifted the restriction on private
sector banks for the conduct of government-related banking transactions.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 2.07% and
1.86% to close at 50,781.69 and 14,982.00 respectively.
• The overall market breadth on BSE was strong with 1,806 scrips advancing
and 1,120 scrips declining. A total of 173 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 3.7%
followed by S&P BSE Finance, up 3.32% and S&P BSE Energy, up 1.9%. S&P
BSE Utilities was the major loser, down 0.13% followed by S&P BSE Power,
down 0.08%.
• The Chief Minister of Rajasthan presented the first paperless Budget 2021-
22 in the state Assembly. The Chief Minister confirmed that the budget for
agriculture will be announced separately from next year. The other
important announcement made by the Chief Minister was to introduce a Rs
3,500 crore universal health coverage for all Rajasthan citizens in which
each family would earn an insurance benefit of Rs 5 lakh by paying an
annual premium of Rs 850.
• Union Cabinet approved production-linked incentive (PLI) scheme for
pharmaceuticals over a period of eight years (FY21-FY29). The scheme will
benefit domestic producers, help create jobs and is expected to contribute
to making a wider range of affordable medicines available to consumers.
Under the scheme, the total reward sum is around Rs. 15,000 crore.
• The Finance Minister has allowed the entire private sector to carry out
government-related banking transactions, such as tax and pension
payments. Furthermore, the Finance Minister said that private banks could
be equal partners in developing the Indian economy, promoting initiatives
in the government's social sector and improving customer convenience.
• The Central Board of Indirect Taxes and Customs (CBIC) has exempted a
number of service providers including banks, financial institutions and
exports from the use of a dynamic fast response or QR code on customer
invoices by companies with aggregate turnover of more than Rs 500 crore.
• IIFL Finance announced raising Rs. 100 crore through issuance of non-
convertible debentures (NCDs) on private placement basis. The company
also mentioned that NCDs will be listed on the National Stock Exchange
(NSE) and will carry interest rate of 7.7% per annum.
• Export-Import Bank of India (Exim Bank), on behalf of the Indian
Government, has provided a line of credit (LOC) of USD 100 million to the
Government of the Republic of Mauritius for financing procurement of
defense items from India.
• Asian markets closed in the red amid persistent worries over U.S. inflation
and steep asset valuations which offset signs that the U.S. Fed shall
continue its fiscal policy support. Today (as on Feb 25), Asian markets rose
following increase on the Wall Street overnight. Both Hang Seng and Nikkei
rose 1.53% and 1.60%, respectively (as at 8 a.m. IST).
• European markets rose as some positive economic data, encouraging
earnings announcements and gains in crude oil prices outweighed concerns
about inflation, which pushed market participants to buy stocks.
• U.S. markets rose after U.S. Federal Reserve Chairman once again reiterated
that the central bank is likely to maintain its ultra-easy monetary policy for
the foreseeable future.
Markets for You
FII Derivative Trade Statistics 24-Feb
(Rs Cr) Buy
Sell Open Int.
Index Futures 7676.04 7835.75 13920.48
Index Options 457424.96 454818.37 118152.19
Stock Futures 47530.64 47272.02 107343.33
Stock Options 20131.97 19556.76 16627.72
Total 532763.61 529482.90 256043.72
24-Feb Prev_Day
Change
Put Call Ratio (OI) 1.06 0.99 0.07
Put Call Ratio(Vol) 0.96 0.88 0.08
24-Feb Wk. Ago Mth. Ago
Year Ago
Call Rate 3.22% 3.22% 3.20% 5.04%
T-Repo 2.90% 2.26% 3.23% 4.98%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.15% 3.26% 3.30% 5.00%
364 Day T-Bill 3.70% 3.70% 3.57% 5.14%
10 Year Gilt 6.15% 6.03% 5.91% 6.37%
G-Sec Vol. (Rs.Cr) 22396 18736 26718 69545
FBIL MIBOR
[1]
3.47% 3.46% 3.47% 5.17%
3 Month CP Rate 3.65% 3.70% 3.85% 5.75%
5 Year Corp Bond 6.14% 6.64% 6.52% 6.89%
1 Month CD Rate 2.78% 3.43% 3.42% 5.23%
3 Month CD Rate 3.24% 3.32% 3.38% 5.47%
1 Year CD Rate 4.01% 4.04% 3.92% 5.81%
Currency 24-Feb Prev_Day
Change
USD/INR 72.29 72.37 -0.08
GBP/INR 102.38 101.80 0.57
EURO/INR 87.83 88.05 -0.23
JPY/INR 0.69 0.69 0.00
Commodity 24-Feb Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 63.19 61.06 52.23 51.33
Brent Crude($/bl) 67.45 65.28 55.25 57.03
Gold( $/oz) 1804 1776 1853 1660
Gold(Rs./10 gm) 46621 46490 48920 43392
Source: Refinitiv
[1]
Data as on 23 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
25 February 2021
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third party sources
and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since Nippon Life India Asset
Management Limited (NAM India) has not independently verified the accuracy or authenticity of such information or data, or for that matter the reasonableness of the assumptions upon which such data and
information has been processed or arrive data; NAM India does not in any manner assures the accuracy or authenticity of such data and information. Some of the statements & assertions contained in these materials
may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors,
employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based upon
the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or
solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the
readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective
directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the
information contained in this material.
• Nifty Feb 2021 Futures stood at 14,993.75, a premium of 11.75 points
above the spot closing of 14,982.00. The turnover on NSE’s Futures and
Options segment fell to Rs. 30,67,842.52 crore on February 24, 2021,
compared with Rs. 40,32,054.22 crore on February 23, 2021.
• The Put-Call ratio stood at 0.81 compared with the previous session’s close
of 0.96.
• The Nifty Put-Call ratio stood at 1.36 compared with the previous session’s
close of 1.06.
• Open interest on Nifty Futures stood at 12.62 million, compared with the
previous session’s close of 12.51 million.
• Bond yields fell for the second consecutive session as market participants
awaited special open market operation on Thursday. The Reserve bank of
India governor reiterated smooth completion of the borrowing programme
and "orderly evolution" of the yield curve.
• Yield on the 10-year benchmark paper (5.85% GS 2030) fell 2 bps to close at
6.15% from the previous close of 6.17% after moving in a range of 6.14% to
6.17%.
• RBI announced Special Open Market Operations (OMO) simultaneous
purchase and sale of government securities for the notified amount of Rs.
15,000 crore each on Mar 04, 2021. RBI bought 4, 7, 11 & 15 year maturities
and sold securities maturing within two years.
• Banks borrowed Rs. 4 crore under the central bank’s marginal standing
facility on Feb 23, 2021 compared to that of Feb 22, 2021 when banks
borrowed nil.
• The Indian rupee rose for the fourth consecutive session against the U.S.
dollar amid persistent greenback sales by foreign banks.
• Euro was little changed against the U.S. dollar as reflation trades gripped
the currency markets. U.S. Federal Reserve Chair reiterated on Tuesday that
U.S. interest rates will remain low and the Fed will keep buying bonds to
support the U.S. economy.
• Gold prices fell as rise in yields on U.S. Treasuries due to high inflation and
growth expectations dented demand of the yellow metal.
• Brent crude prices rose due to continued outages in the U.S.
• According to a report released by the Conference Board, U.S. consumer
confidence index rose to 91.3 in Feb 2021 from a downwardly revised 88.9
in Jan 2021. However, the Conference Board mentioned that expectations
index edged down to 90.8 in Feb from 91.2 in Jan.
• According to Destatis, Germany’s gross domestic product (GDP) rose 0.3%
sequentially in the quarter ended Dec 2020 as against 0.1% rise estimated
previously. On a yearly basis, decline in GDP slowed to 3.7% in the quarter
ended Dec 2020 from 4%.
Markets for You
