Global Indices
Global Indices 25-Feb Prev_Day Abs. Change
% Change
Russell 3000 1,939 2,003 -64 -3.20
Nasdaq 13,119 13,598 -479 -3.52
FTSE 6,652 6,659 -7 -0.11
Nikkei 30,168 29,672 497 1.67
Hang Seng 30,074 29,718 356 1.20
Indian Indices 25-Feb Prev_Day Abs. Change
% Change
S&P BSE Sensex 51,039 50,782 258 0.51
Nifty 50 15,097 14,982 115 0.77
Nifty 100 15,209 15,095 114 0.76
Nifty 500 12,568 12,455 113 0.90
Nifty Bank 36,549 36,452 97 0.27
S&P BSE Power 2,448 2,405 43 1.79
S&P BSE Small Cap 20,305 20,020 285 1.42
S&P BSE HC 21,182 21,023 159 0.76
Date P/E Div. Yield P/E Div. Yield
25-Feb 35.60 0.70 41.20 1.05
Month Ago 33.13 0.82 38.42 1.11
Year Ago 24.58 1.08 26.85 1.29
Nifty 50 Top 3 Gainers
Company 25-Feb Prev_Day
% Change
Coal India 156 137 14.02
Axis Bank 771 716 7.64
Adani Ports & SEZ 704 662 6.39
Nifty 50 Top 3 Losers Domestic News
Company 25-Feb Prev_Day
% Change
HUL 2163 2179 -0.73
Maruti 6930 6971 -0.58
Nestle India Limited 16114 16170 -0.35
Advance Decline Ratio
BSE NSE
Advances 1752 1258
Declines 1213 677
Unchanged 163 89
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 43469
MF Flows** -27494
*25
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 24 Feb, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
26 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
-300
7.61%
(Oct-20)
• Indian equity markets edged higher, joining the global rally led by
continued dovish signals from U.S. Federal Reserve Chairman.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.51% and
0.77% to close at 51,039.31 and 15,097.35 respectively.
• The overall market breadth on BSE was strong with 1,752 scrips advancing
and 1,213 scrips declining. A total of 163 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 3.92%
followed by S&P BSE Oil & Gas, up 3.52% and S&P BSE Metal, up 3.38%. S&P
BSE FMCG was the major loser, down 0.24% followed by S&P BSE Capital
Goods, down 0.01%.
• According to the chairman of Securities Exchange Board of India, before
they become a standard in the post-pandemic world, the privacy and
security issues of virtual board meetings need to be discussed. He said that
in the face of the pandemic, there has been widespread acceptance of
technical inputs in businesses, with both board meetings and annual
general meetings going virtual. Other issues found by the Chairman
included whether investor voices were properly heard at virtual meetings
of shareholders and whether shareholders had ample opportunity to ask
management questions at those meetings.
• The Chairman of the Securities and Exchange Board of India said that a
single market for government securities (G-Sec) and corporate bonds would
allow both securities to be exchanged on the same platform and would use
common infrastructure for securities trading, clearing, settlement and
holding.
• According to a statement by the Ministry of Corporate Affairs (MCA), the
Ministry of Corporate Affairs said it had signed a Memorandum of
Understanding (MoU) for data exchange between the two entities with the
Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of
Finance. The MoU would promote the automated and frequent exchange
of data and information between the MCA and the CBIC.
• As per media reports, an internal working group will soon be formed by the
finance ministry to redraw the country's fiscal consolidation roadmap
following the sharp slippage caused by the Covid-19 pandemic. In the
monsoon session of parliament, new legislation based on the
recommendation of this community may be adopted.
• Bharti Airtel has successfully priced its debt fund raising of $1.25 billion by
issuing its first ever dual-tranche bond offering distributed through senior
and perpetual issuance. This is the largest issuance by any Indian
Investment Grade issuer since January 2019.
• Mahindra and Mahindra’s wholly-owned subsidiary Mahindra Holdings has
completed the sale of its 100% stake in Mahindra First Choice Services
(MFCS) to TVS Automobile Solutions.
• Asian markets rose as dovish comments by U.S. Fed Chief soothed worries
around inflation and interest rates. Today (as on Feb 26), markets are
trading lower as a rapid rise in U.S. bond yields kept investors wary. Both
Nikkei and Hang Seng are down 2.97% and 2.26% (as at 8:00 AM IST),
respectively.
• European markets went down as rising U.S. bond yields overshadowed
optimism about quick economic recovery.
• U.S. markets slipped amid a continued increase in treasury yields, which led
to renewed concerns about interest rates.
Markets for You
FII Derivative Trade Statistics
25-Feb
(Rs Cr) Buy
Sell Open Int.
Index Futures 6551.45 6108.23 15511.55
Index Options 290922.47 292628.53 122438.40
Stock Futures 21262.09 21583.68 107628.70
Stock Options 8629.27 8483.38 15853.21
Total 327365.28 328803.82 261431.86
25-Feb Prev_Day
Change
Put Call Ratio (OI) 1.29 1.36 -0.07
Put Call Ratio(Vol) 1.03 0.90 0.13
25-Feb Wk. Ago Mth. Ago
Year Ago
Call Rate 3.26% 3.21% 3.25% 4.94%
T-Repo 2.98% 2.48% 3.23% 4.91%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.16% 3.19% 3.26% 5.04%
364 Day T-Bill 3.55% 3.66% 3.58% 5.13%
10 Year Gilt 6.18% 6.13% 5.92% 6.37%
G-Sec Vol. (Rs.Cr) 19501 22074 14387 55824
FBIL MIBOR
[1]
3.47% 3.46% 3.46% 5.14%
3 Month CP Rate 3.50% 3.65% 3.85% 5.75%
5 Year Corp Bond 6.19% 6.77% 6.56% 6.90%
1 Month CD Rate 2.74% 2.80% 3.32% 5.15%
3 Month CD Rate 3.22% 3.27% 3.35% 5.42%
1 Year CD Rate 4.25% 3.95% 3.93% 5.79%
Currency 25-Feb Prev_Day
Change
USD/INR 72.50 72.29 0.20
GBP/INR 102.66 102.38 0.28
EURO/INR 88.27 87.83 0.45
JPY/INR 0.68 0.69 0.00
Commodity 25-Feb
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 63.42 60.37 52.75 49.76
Brent Crude($/bl) 67.89 65.48 54.97 57.06
Gold( $/oz) 1770 1775 1855 1635
Gold(Rs./10 gm) 46344 46263 49239 42717
Source: Refinitiv
[1]
Data as on 24 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
26 February 2021
Derivative Statistics- Nifty Options
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• Nifty Feb 2021 Futures settled at spot closing of 15,097.35. Nifty Mar 2021
Futures stood at 15,242.20, a premium of 144.85 points, above the spot
closing. The turnover on NSE’s Futures and Options segment rose to Rs.
86,15,815.25 crore on February 25, 2021, compared with Rs. 30,67,842.52
crore on February 24, 2021.
• The Put-Call ratio stood at 0.97 compared with the previous session’s close
of 0.81.
• The Nifty Put-Call ratio stood at 1.29 compared with the previous session’s
close of 1.36.
• Open interest on Nifty Futures stood at 13.36 million, compared with the
previous session’s close of 12.62 million.
• Bond yields rose despite the Reserve Bank of India (RBI) announced open
market operations (OMO) to purchase securities, as market participants
awaited a weekly auction of government securities and gross domestic
growth data on Friday.
• Yield on the 10-year benchmark paper (5.85% GS 2030) rose 3 bps to close
at 6.18% from the previous close of 6.15% after moving in a range of 6.15%
to 6.19%.
• Data from RBI showed that money supply increased at an annualized rate of
12.6% in the fortnight ending Feb 12, 2021, compared with an increase of
9.5% a year earlier. The currency with the public increased 21.6% during the
same fortnight compared with an increase of 11.3% a year earlier.
• Banks borrowed Rs. 56 crore under the central bank’s marginal standing
facility on Feb 24, 2021 compared to that of Feb 23, 2021 when banks
borrowed Rs. 4 crore.
• After rising in the last four consecutive sessions, the Indian rupee fell at its
biggest pace in a day against the U.S. dollar in one month impacted by
importers’ month-end demand for greenback.
• Euro rose against the U.S. dollar, as currency markets were boosted by
dovish signals from the U.S. Federal Reserve.
• Gold prices fell as a surge in yields on U.S. Treasuries dented demand of the
safe haven bullion.
• Brent crude prices rose on expectations that interest rates in U.S. will
remain low.
• According to the Commerce Department, U.S. new home sales rose 4.3% to
an annual rate of 923,000 in Jan 2021 after increasing 5.5% to a revised rate
of 885,000 in Dec 2020. Also, existing home sales rose 0.6% to an annual
rate of 6.69 million in Jan 2021 after rising 0.9% to a revised rate of 6.65
million in Dec 2020.
• According to the European Commission, eurozone’s economic sentiment
index rose more than expected to 93.4 in Feb 2021 from 91.5 in Jan 2021.
• According to the Cabinet Office, Japan’s leading index, which measures the
future economic activity, fell to 95.3 in Dec 2020 from 96.1 in Nov 2020.
• According to data from the European Central Bank, eurozone’s M3
monetary aggregate grew 12.5% YoY in Jan 2021, as expected, after rising
12.4% in Dec 2020.
Markets for You
