Global Indices
Global Indices 08-Jan Prev_Day Abs. Change
% Change
Russell 3000 1,982 1,964 18 0.94
Nasdaq 13,202 13,067 134 1.03
FTSE 6,873 6,857 16 0.24
Nikkei 28,139 27,490 649 2.36
Hang Seng 27,878 27,549 330 1.20
Indian Indices 08-Jan Prev_Day Abs. Change
% Change
S&P BSE Sensex 48,783 48,093 689 1.43
Nifty 50 14,347 14,137 210 1.48
Nifty 100 14,514 14,306 209 1.46
Nifty 500 11,926 11,766 160 1.36
Nifty Bank 32,084 31,956 128 0.40
S&P BSE Power 2,139 2,114 25 1.18
S&P BSE Small Cap 18,909 18,773 136 0.72
S&P BSE HC 22,286 22,012 274 1.24
Date P/E Div. Yield P/E Div. Yield
8-Jan 33.93 0.82 39.45 1.11
Month Ago 32.65 0.89 36.83 1.19
Year Ago 25.67 1.04 27.97 1.25
Nifty 50 Top 3 Gainers
Company 08-Jan Prev_Day
% Change
Maruti 8015 7566 5.93
Wipro 430 407 5.77
Tech Mahindra 1051 995 5.66
Nifty 50 Top 3 Losers Domestic News
Company 08-Jan Prev_Day
% Change
Hindalco 268 273 -1.72
Tata Steel 713 723 -1.34
IndusInd Bank 940 952 -1.29
Advance Decline Ratio
BSE NSE
Advances 1734 1074
Declines 1388 887
Unchanged 145 95
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 4819
MF Flows** -46995
*8
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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 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
803
6.69%
(Aug-20)
• Indian equity markets recouped from the weakness seen in the previous
two session to end the last day of the week with strong gains. Investors
keenly awaited the announcement of Q3FY21 earning numbers from one
of the IT majors. Positive global cues also buoyed market sentiments as the
prospects of more fiscal stimulus under the U.S. President-elect’s
administration and the rollout of coronavirus vaccines raised hopes for an
economic recovery later during the year.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.43% and
1.48% to close at 48,782.51 and 14,347.25 respectively.
• The overall market breadth on BSE was strong with 1,734 scrips advancing
and 1,388 scrips declining. A total of 145 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 3.55%
followed by S&P BSE Auto, up 3.37% and S&P BSE Teck, up 3.07%. S&P BSE
Metal was the major loser, down 0.91% followed by S&P BSE Telecom,
down 0.49%.
• According to IHS Markit, Indian economy is expected to bounce back with
an 8.9% FY22. IHS Markit further stated that Indian economy suffered a
severe recession in 2020. The economy reflected worst contraction from
Mar 2020 to Aug 2020 following a national lockdown to prevent the spread
of the coronavirus. However, the Indian economy is showing a significant
improvement in domestic economic activity in the fourth quarter of 2020.
• According to Food and Agriculture Organisation (FAO) of the United
Nations, world food prices rose for the seventh consecutive month in Dec
2020 led by dairy products and vegetable oils. In Dec2020, the FAO Food
Price Index averaged 107.5 points, 2.2% higher than it was in Nov 2020. The
benchmark index, which measures monthly shifts in international prices of
widely traded food commodities, averaged 97.9 points over the whole
of2020, a three-year high and a rise of 3.1% from 2019, while still more
than 25% below its historical 2011 peak.
• As per media reports, the Centre’s fiscal deficit will touch at least 6.1% of
gross domestic product (GDP) in FY21. This is based on the government's
first set of forward growth estimates. This presumes that the gap between
the expenditure and revenue of the Centre is at least Rs 12 trillion, based
on increased loans announced by the government in May to deal with the
outbreak of Covid-19.
• Tata Consultancy Services posted 7.18% YoY rise in net profit to Rs. 8,701
crore in quarter ended Dec 2020 as against profit of Rs. 8,118 crore in the
same quarter last year. Profits grew 16.4% QoQ from Rs. 7,475 crore in
quarter ended Sep 2020.
• Mahindra & Mahindra (M&M) reported an increase in the price of its
personal and commercial vehicle range of about 1.9% with immediate
effect.
• Asian markets largely closed in the green amid expectations that additional
fiscal stimulus under U.S. President-elect’s administration and a mass
rollout of coronavirus vaccines will spur a strong economic recovery later in
the year. Today (as on Jan 11), markets are trading mixed as investors are
awaiting the release of Chinese inflation data for Dec. While Nikkei is closed
for public holiday, Hang Seng is up 0.44% (as at 8:00 AM IST).
• European markets rose amid rising optimism about additional fiscal
stimulus in the U.S. and positive news on the coronavirus vaccine front.
• U.S. markets went up on the back of optimism that a Democrat-controlled
government may lead to more fiscal stimulus and a better execution of the
coronavirus vaccine rollout.
Markets for You
FII Derivative Trade Statistics
08-Jan
(Rs Cr) Buy
Sell Open Int.
Index Futures 3061.89 2844.79 13076.86
Index Options 534146.74 531421.36 59725.37
Stock Futures 14141.25 13970.49 99038.05
Stock Options 7381.50 7534.28 9289.20
Total 558731.38 555770.92 181129.48
08-Jan Prev_Day
Change
Put Call Ratio (OI) 1.71 1.19 0.52
Put Call Ratio(Vol) 0.89 1.07 -0.18
08-Jan Wk. Ago Mth. Ago
Year Ago
Call Rate 3.18% 3.20% 3.09% 4.91%
T-Repo 3.22% 2.66% 3.13% 4.90%
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% 2.97% 3.05% 5.01%
364 Day T-Bill 3.31% 3.36% 3.36% 5.28%
10 Year Gilt 5.89% 5.90% 5.94% 6.56%
G-Sec Vol. (Rs.Cr) 33856 25135 29539 34342
FBIL MIBOR 3.45% 3.47% 3.43% 5.20%
3 Month CP Rate 3.45% 3.55% 3.30% 5.80%
5 Year Corp Bond 6.35% 6.30% 6.41% 7.52%
1 Month CD Rate 3.16% 3.01% 3.18% 5.06%
3 Month CD Rate 3.03% 2.99% 3.53% 5.05%
1 Year CD Rate 3.79% 3.77% 3.70% 6.10%
Currency 08-Jan Prev_Day
Change
USD/INR 73.33 73.13 0.20
GBP/INR 99.52 99.34 0.18
EURO/INR 89.94 90.05 -0.10
JPY/INR 0.71 0.71 0.00
Commodity 08-Jan Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 52.11 48.32 45.59 59.62
Brent Crude($/bl) 55.26 50.86 49.30 68.32
Gold( $/oz) 1848 1898 1871 1556
Gold(Rs./10 gm) 50256 50040 49671 40694
Source: Refinitiv
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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11 January 2021
Derivative Statistics- Nifty Options
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• Nifty Jan 2021 Futures stood at 14,370.90, a premium of 23.65 points
above the spot closing of 14,347.25. The turnover on NSE’s Futures and
Options segment fell to Rs. 17,72,979.98 crore on January 08, 2021,
compared with Rs. 60,51,311.48 crore on January 07, 2021.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 1.05.
• The Nifty Put-Call ratio stood at 1.71 compared with the previous session’s
close of 1.19.
• Open interest on Nifty Futures stood at 14.5 million, compared with the
previous session’s close of 13.37 million.
• Bond yields fell initially after the benchmark note was included in special
open market operation for next week. However, rise in U.S. Treasury yields
and increased supply of sovereign debt due to the weekly debt auction
neutralized the gains.
• Yield on the 10-year benchmark paper (5.77% GS 2030) closed steady at
5.89% after trading in the range of 5.87% to 5.90%.
• Banks did not borrow under the central bank’s marginal standing facility on
Jan 7, 2020 as against Rs. 55 crore borrowed on Jan 6, 2020.
• The Reserve Bank of India (RBI) conducted the auction of four government
securities- 3.96% GS 2022, 5.15% GS 2025, 5.85% GS 2030 and 6.80% GS
2060 for an aggregate amount of Rs. 27,000 crore for which the full amount
was accepted. The cut off stood at Rs. 100.25/3.8147%, Rs.
100.15/5.1128%, Rs. 99.75/5.8827% and Rs. 104.13/6.5082%, respectively.
• The Indian rupee fell initially due to demand for greenback from importers’
and rise in the U.S. dollar index, but losses reversed amid strong domestic
equity market.
• Euro fell against the U.S. dollar after a disappointing U.S. non-farm payrolls
data for Dec 2020 raised expectations for further stimulus measures to
support the U.S. economy.
• Gold prices fell on growing prospects for a smooth transition of power in
U.S.
• Brent crude prices rose after Saudi Arabia pledged extra, voluntary oil
output cuts of 1 million barrels per day (bpd) in Feb and Mar.
• According to the Labor Department, U.S. non-farm payroll employment
unexpectedly dropped by 140,000 jobs (addition of 245,000 jobs originally
reported) in Dec 2020 after rising by an upwardly revised 336,000 jobs in
Nov 2020. Employment decreased for the first time since Apr 2020.
• Germany's Industrial output increased 0.9% MoM in Nov 2020, slower than
the revised 3.4% rise seen in Oct 2020. Industrial production fell 2.6% YoY,
slower than 2.7% in the prior month. Excluding energy and construction,
output was rose 1.2% in Nov 2020.
• The Commerce Department report showed U.S. wholesale inventories were
unchanged in Nov 2020 after rising 1.3% in Oct 2020. Increase in inventories
of durable goods neutralised fall in orders for non-durable goods.
Markets for You
