Global Indices
Global Indices 04-Jan Prev_Day Abs. Change
% Change
Russell 3000 1,923 1,953 -30 -1.53
Nasdaq 12,698 12,888 -190 -1.47
FTSE 6,572 6,461 111 1.72
Nikkei
[2]
27,444 27,568 -124 -0.45
Hang Seng 27,473 27,231 242 0.89
Indian Indices 04-Jan Prev_Day Abs. Change
% Change
S&P BSE Sensex 48,177 47,869 308 0.64
Nifty 50 14,133 14,019 114 0.82
Nifty 100 14,267 14,138 130 0.92
Nifty 500 11,692 11,575 117 1.01
Nifty Bank 31,212 31,226 -13 -0.04
S&P BSE Power 2,091 2,076 15 0.74
S&P BSE Small Cap 18,511 18,261 250 1.37
S&P BSE HC 22,054 21,855 199 0.91
Date P/E Div. Yield P/E Div. Yield
4-Jan 33.68 0.82 38.87 1.12
Month Ago 32.18 0.90 36.46 1.20
Year Ago 25.92 1.03 28.44 1.23
Nifty 50 Top 3 Gainers
Company 04-Jan Prev_Day
% Change
Tata Steel 693 643 7.76
Hindalco 254 238 6.69
NA 2656 2543 4.44
Nifty 50 Top 3 Losers Domestic News
Company 04-Jan Prev_Day
% Change
Hero Moto 3044 3103 -1.90
Kotak Bank 1966 1994 -1.43
Bajaj Finance 5216 5280 -1.21
Advance Decline Ratio
BSE NSE
Advances 2081 1375
Declines 1012 604
Unchanged 161 88
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 1797
MF Flows** -46995
*4
th
Jan 2021; **17
th
Dec 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.93%
(Nov-20)
5.54%
(Nov-19)
IIP
3.60%
(Oct-20)
-6.60%
(Oct-19)
GDP
-7.50%
(Sep-20)
4.40%
(Sep-19)
[1]
Data as on 01 Jan, 2021;
[2]
Data as on 30 Dec, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
05 January 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
-10.50%
(Jul-20)
-23.90%
(Jun-20)
Quarter Ago
Inflow/Outflow
-1156
1180
6.69%
(Aug-20)
• Indian equity markets continued with its journey upward with Sensex
surpassing the 48,000-mark. Positive development on the COVID-19 vaccine
front buoyed market sentiments. Indian government decided to approve
two vaccines namely, Serum Institute of India's Covidshield, and Bharat
Biotech's Covaxin for restricted use in an emergency situation. Additionally,
manufacturing PMI, remained in the expansion zone for fifth straight
month and stood at 56.4 in Dec, which also contributed to the upside.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.64% and
0.82% to close at 48,176.80 and 14,132.90 respectively.
• The overall market breadth on BSE was strong with 2,081 scrips advancing
and 1,012 scrips declining. A total of 161 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 5.34%
followed by S&P BSE Basic Materials, up 2.85% and S&P BSE IT, up 2.71%.
S&P BSE Bankex was the major loser, down 0.15% followed by S&P BSE
Consumer Durables, down 0.01%.
• The seasonally adjusted IHS Markit India Manufacturing Purchasing
Managers’ Index (PMI) rose slightly to 56.4 in Dec 2020 from 56.3 in Nov
2020 as manufacturers boosted production to meet increasing demand.
• According to a major rating agency, the credit quality of rated entities,
captured by Modified Credit Ratio, improved in the third quarter of FY21
amid favourable financial conditions in terms of scale of operations,
liquidity situation, capital structure, debt servicing parameters, and capital
structure.
• As per media reports, India's tax pie appears to have undergone a subtle
shift, with direct tax collections dropping dramatically as a consequence of
the COVID-19 carnage's disproportionate effect on revenues. The share of
indirect taxes, consisting mainly of levies on goods and services as well as
import duties, has increased, while the share of direct taxes, consisting of
corporate and personal income taxes, has decreased since 2020. Although
direct and indirect tax collections were not officially released by the
government, industry sources said that the share of indirect taxes in total
tax collections rose to approximately 56%, the highest for the time in more
than a decade. This follows a sharp fall in direct tax receipts of 26% - 27%.
• As part of the Economic Times Global Business Summit Unwired Version4.0,
panelists from six countries-Japan, Malaysia, the Philippines, Indonesia,
Singapore and India-participated in the Asian roundtable discussion. The
emphasis of the discussion was on the region's economic power, how to
further improve intra-regional trade and relationships, how different
governments have reacted to Covid-19 and the new investment
opportunities that start-ups in the region offer.
• Jindal Steel and Power Ltd (JSPL) posted a 30% and 25% increase in its
standalone production and sales, respectively, in Dec 2020. The company's
total production from its plants in India was at 7.27 lakh tonne (LT) in Dec,
up from 5.59 LT during the same month in 2019.
• Bajaj Auto reported 11% increase in total sales at 3,72,532 units in Dec
2020 as against 3,36,055 units sold in Dec 2019.
• Asian markets largely closed in the green with investor sentiments boosted
by private survey results of Chinese manufacturing PMI which expanded in
Dec albeit at a slower pace. However, gains were restricted after Prime
Minister of Japan declared a state of emergency in the greater Tokyo area
to curb the spread of the coronavirus. Today (as on Jan 05), Asian markets
fell following decline on the Wall Street overnight. Both Nikkei and Hang
Seng fell 0.18% and 0.35%, respectively (as at 8 a.m. IST).
• European markets rose on encouraging economic data from the euro area,
the U.K., and China, and on expectations about economic recovery amid
rollout of coivid-19 vaccines in several countries.
• U.S. markets opened on a positive note but soon declined rapidly due to
profit booking. Market participants were hesitant amid uncertainty ahead
of two key Senate elections in Georgia on Tuesday.
Markets for You
FII Derivative Trade Statistics 04-Jan
(Rs Cr) Buy
Sell Open Int.
Index Futures 1344.31 1609.21 13209.86
Index Options 93792.23 92290.07 57491.48
Stock Futures 4305.37 3781.56 94481.93
Stock Options 3538.79 3844.63 5333.31
Total 102980.70 101525.47 170516.58
04-Jan Prev_Day
Change
Put Call Ratio (OI) 1.52 1.44 0.08
Put Call Ratio(Vol) 1.05 1.04 0.01
04-Jan Wk. Ago Mth. Ago
Year Ago
Call Rate 3.18% 3.20% 3.06% 4.94%
T-Repo 2.89% 3.16% 3.00% 3.35%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.00% 3.09% 2.97% 4.90%
364 Day T-Bill 3.43% 3.43% 3.36% 5.25%
10 Year Gilt 5.86% 5.93% 5.90% 6.51%
G-Sec Vol. (Rs.Cr) 46312 11519 34649 52762
FBIL MIBOR
[1]
3.47% 3.45% 3.35% 5.22%
3 Month CP Rate 3.55% 3.30% 3.30% 5.85%
5 Year Corp Bond 6.31% 6.36% 6.37% 7.54%
1 Month CD Rate 3.00% 3.13% 3.07% 4.86%
3 Month CD Rate 3.00% 3.09% 3.30% 5.11%
1 Year CD Rate 3.78% 3.77% 3.61% 6.08%
Currency 04-Jan Prev_Day
Change
USD/INR 73.01 73.03 -0.02
GBP/INR 99.86 99.80 0.06
EURO/INR 89.42 89.23 0.19
JPY/INR 0.71 0.71 0.00
Commodity 04-Jan Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 47.44 47.47 46.18 62.97
Brent Crude($/bl) 50.26 50.43 49.27 70.27
Gold( $/oz) 1942 1871 1838 1551
Gold(Rs./10 gm) 51012 49866 49153 39948
Source: Refinitiv
[1]
Data as on 01 Jan, 2021;
[2]
Data as on 30 Dec, 2020
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
05 January 2021
Derivative Statistics- Nifty Options
Disclaimer:
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• Nifty Jan 2021 Futures stood at 14,165.30, a premium of 32.40 points above
the spot closing of 14,132.90. The turnover on NSE’s Futures and Options
segment rose to Rs. 24,11,220.96 crore on January 04, 2021, compared with
Rs. 9,83,042.05 crore on January 01, 2021.
• The Put-Call ratio stood at 0.96 compared with the previous session’s close
of 0.95.
• The Nifty Put-Call ratio stood at 1.52 compared with the previous session’s
close of 1.37.
• Open interest on Nifty Futures stood at 13.72 million, compared with the
previous session’s close of 13.15 million.
• Bond yields fell following purchases by foreign banks as the new financial
year of these banks has begun. Investors are also awaiting fresh supply.
• Yield on the 10-year benchmark paper (5.77% GS 2030) fell 4 bps to 5.86%
from the previous close of 5.90% after trading in the range of 5.86% to
5.91%.
• Banks borrowed Rs. 43 crore under the central bank’s marginal standing
facility on Jan 1, 2021 as against no borrowing on Dec 31., 2020.
• The Indian rupee gained and touched four-month high against the U.S.
dollar following upbeat Asian counterparts amid broad fall in the dollar
index. However, gains trimmed on the back of greenback purchases by
private banks.
• Euro rose against the U.S. dollar as bullish sentiment across global markets
prompted market participants to buy riskier currencies, despite a resurgent
pandemic.
• Gold rose above $1,900 an ounce to touch its highest level in almost two
months on lower US real yields and a weaker U.S. dollar.
• The Commerce Department report showed U.S. construction spending rose
0.9% to an annual rate of $1.459 trillion in Nov 2020, slower than 1.6% rise
to a revised rate (1.3% surge originally reported) of $1.447 trillion in Oct
2020.
• Final survey results from IHS Markit showed, the Chartered Institute of
Procurement & Supply/IHS Markit factory Purchasing Managers' Index rose
to a 37-month high of 57.5 (flash estimate of 57.3) in Dec 2020 from 55.6 in
Nov 2020.
• Survey results from IHS Markit showed, China’s manufacturing Purchasing
Managers' Index (PMI) dropped to 53.0 in Dec 2020 from 54.9 in the prior
month as output and new work recorded slower expansions. The pace of
growth was the slowest in 3 months.
Markets for You
