Global Indices
Global Indices 07-Jan Prev_Day Abs. Change
% Change
Russell 3000 1,964 1,919 45 2.33
Nasdaq 13,067 12,741 327 2.56
FTSE 6,857 6,842 15 0.22
Nikkei 27,490 27,056 434 1.60
Hang Seng 27,549 27,692 -144 -0.52
Indian Indices 07-Jan Prev_Day Abs. Change
% Change
S&P BSE Sensex 48,093 48,174 -81 -0.17
Nifty 50 14,137 14,146 -9 -0.06
Nifty 100 14,306 14,306 0 0.00
Nifty 500 11,766 11,738 28 0.24
Nifty Bank 31,956 31,798 158 0.50
S&P BSE Power 2,114 2,127 -13 -0.62
S&P BSE Small Cap 18,773 18,615 158 0.85
S&P BSE HC 22,012 22,017 -5 -0.02
Date P/E Div. Yield P/E Div. Yield
7-Jan 33.51 0.83 38.88 1.12
Month Ago 32.39 0.89 36.73 1.19
Year Ago 25.68 1.04 28.03 1.25
Nifty 50 Top 3 Gainers
Company 07-Jan Prev_Day
% Change
Tata Steel 723 684 5.70
Hindalco 273 259 5.35
Bharti Airtel 545 525 3.80
Nifty 50 Top 3 Losers Domestic News
Company 07-Jan Prev_Day
% Change
Nestle India Limited 18127 18515 -2.10
HDFC Standard Life Insurance Com
704 719 -2.05
HUL 2369 2417 -2.00
Advance Decline Ratio
Advances 1942 1210
Declines 1144 737
Unchanged 141 84
Institutional Flows (Equity)
Description (Cr)
FII Flows* 4017
MF Flows** -46995
Jan 2021; **17
Dec 2020
Economic Indicator
YoY(%) Current Year Ago
Data as on 06 Jan, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 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
Quarter Ago
Indian equity markets dipped marginally as investors remained on sidelines
ahead of the announcement of advance estimate of India's Gross Domestic
Product (GDP) for FY21. The data is expected to help market participants
assess the overall health of the nation’s economy.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.17% and 0.06%
to close at 48,093.32 and 14,137.35 respectively.
The overall market breadth on BSE was strong with 1,942 scrips advancing
and 1,144 scrips declining. A total of 141 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Metal was the major gainer, up 3.7%
followed by S&P BSE Telecom, up 2.99% and S&P BSE Basic Materials, up
1.67%. S&P BSE FMCG was the major loser, down 1.07% followed by S&P
BSE IT, down 0.95% and S&P BSE Power, down 0.62%.
According to first advance estimates of gross domestic product (GDP)
released by the National Statistical Office, the central government projects
the India’s economy to contract by 7.7% in FY21. The agriculture sector
estimate stood at 3.4%, mining estimate stood at -12.4% for FY21 for FY21.
The report also mentioned that inability of India during the lockdown to
contain the coronavirus to go about doing business had a profound impact
on the economy.
The Securities and Exchange Board of India (Sebi) has proposed the
development of a liberalized ownership system to enable stock exchanges
and depositories to be set up by new entrants. The proposed structure
would allow for higher shareholdings with dilution over a period of time at
the start-up level.
Sebi came out with a timetable for exchanges concerning the repayment of
a security deposit by trading members on the surrender of membership.
For trading members (TMs) engaged in trading on behalf of customers,
exchanges must release the security deposit after three years from the
date of receipt of the surrender request by the exchange or five years from
the date of impairment of the trading terminals of TM, whichever is the
earlier, upon the acceptance of the surrender request by Sebi.
According to the Centre for Monitoring Indian Economy, India’s
unemployment rate rose sharply to 9.1% in Dec 2020 from 6.5% in Nov
2020, the highest since the economic recovery started in Jun 2020. In rural
India, the rise was due to high unemployment, raising doubts about the
ongoing economic recovery. While urban unemployment rose to 8.84% in
Dec from 7.07% in Nov, the rural unemployment rose to 9.15% in Dec from
6.24% in the preceding month. Even the employment fell by 4.8 million to
388.8 million in Dec compared to 393.6 million in Nov.
State Bank of India (SBI) said it had concluded the issuance of USD 600
million in bonds to finance the expansion of overseas business.
JSW Steel posted crude steel production rose 6% QoQ and 2% YoY to 4.08
million tonnes in the quarter ended Dec 2020. The company said its average
capacity utilisation improved from 86% of 2Q FY21 to 91% for 3Q FY21.
Asian markets largely went up on hopes that a projected Democrat-
controlled U.S. Senate will be a net positive for economic growth globally.
Today (as on Jan 8), markets are trading higher following overnight gains in
Wall Street. Both Nikkei and Hang Seng are up 1.08% and 0.38% (as at 8:00
AM IST), respectively.
European markets rose amid hopes of additional fiscal stimulus in the U.S.
following the Electoral College certifying President-elect's victory.
U.S. markets rose as U.S. lawmakers certified President-elect's victory along
with Democratic victories in Georgia's Senate runoff elections.
Markets for You
FII Derivative Trade Statistics
(Rs Cr) Buy
Sell Open Int.
Index Futures 3510.20 3805.41 13384.04
Index Options 468040.91 459963.15 77868.99
Stock Futures 14750.62 14653.16 97235.72
Stock Options 8079.67 8174.09 8694.33
Total 494381.40 486595.81 197183.08
07-Jan Prev_Day
Put Call Ratio (OI) 1.19 1.25 -0.06
Put Call Ratio(Vol) 1.07 1.08 -0.01
07-Jan Wk. Ago Mth. Ago
Year Ago
Call Rate 3.20% 3.31% 3.02% 4.91%
T-Repo 3.21% 2.75% 3.05% 4.62%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.04% 3.01% 2.97% 4.86%
364 Day T-Bill 3.43% 3.42% 3.36% 5.22%
10 Year Gilt 5.90% 5.90% 5.92% 6.55%
G-Sec Vol. (Rs.Cr) 18019 17664 26573 34759
3.47% 3.51% 3.36% 5.17%
3 Month CP Rate 3.45% 3.28% 3.30% 5.80%
5 Year Corp Bond 6.32% 6.30% 6.39% 7.62%
1 Month CD Rate 3.04% 3.04% 3.05% 4.96%
3 Month CD Rate 3.04% 3.00% 3.32% 5.43%
1 Year CD Rate 3.79% 3.78% 3.61% 6.06%
Currency 07-Jan Prev_Day
USD/INR 73.13 73.14 -0.01
GBP/INR 99.34 99.65 -0.31
EURO/INR 90.05 90.00 0.05
JPY/INR 0.71 0.71 0.00
Commodity 07-Jan
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 50.60 48.32 45.67 62.67
Brent Crude($/bl) 54.22 50.86 49.29 69.63
Gold( $/oz) 1912 1896 1864 1574
Gold(Rs./10 gm) 50871 50005 49059 40372
Source: Refinitiv
Data as on 06 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
08 January 2021
Derivative Statistics- Nifty Options
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Nifty Jan 2021 Futures stood at 14,191.10, a premium of 53.75 points
above the spot closing of 14,137.35. The turnover on NSE’s Futures and
Options segment rose to Rs. 60,51,311.48 crore on January 07, 2021,
compared with Rs. 39,30,886.96 crore on January 06, 2021.
The Put-Call ratio stood at 1.05 compared with the previous session’s close
of 0.98.
The Nifty Put-Call ratio stood at 1.19 compared with the previous session’s
close of 1.25.
Open interest on Nifty Futures stood at 13.37 million, compared with the
previous session’s close of 13.43 million.
Bond yields inched down on bargain hunting. However, most of the gains
were neutralized as market participants preferred to remain on the sidelines
and awaited the release of the country’s initial gross domestic product
estimate for the financial year ending Mar 31, 2021.
Yield on the 10-year benchmark paper (5.77% GS 2030) fell marginally by 1
bps to close at 5.89% from the previous close of 5.90% after trading in the
range of 5.89% to 5.91%.
The Indian rupee fell at its fastest pace against the U.S. currency in nearly
two months on likely intervention by the Reserve Bank of India (RBI) by
continuous greenback purchases through three large state-run banks.
Euro fell against the U.S. dollar after Democrats won control of the U.S.
Senate, paving the way for possible larger fiscal stimulus under President-
elect Joe Biden.
Gold prices fell following increase in yields on U.S. 10-year Treasury.
Brent crude prices remained at elevated levels after crude inventories in U.S.
fell by 8 million barrels in the week ended Jan 1, 2021.
According to the Institute for Supply Management report, U.S. services
Purchasing Managers' Index (PMI) unexpectedly went up to 57.2 in Dec
2020 from 55.9 in Nov 2020. Rise came as the business activity index and
new orders index rose in Dec 2020.
Preliminary data from the European Commission showed, eurozone
economic sentiment index improved to 90.4 in Dec 2020 from 87.7 in Nov
2020. Recovery was driven by markedly higher confidence in industry and
among consumers.
The Commerce Department report showed the U.S. trade deficit expanded
to $68.1 billion in Nov 2020 from $63.1 billion in Oct 2020 due to faster rise
in the value of imports than exports. Trade deficit rose to its highest level
since Aug 2006.
Markets for You