Global Indices
Global Indices 02-Jul Prev_Day Abs. Change
% Change
Russell 3000 2,221 2,200 22 0.98
Nasdaq 14,639 14,522 117 0.81
FTSE 7,123 7,125 -2 -0.03
Nikkei 28,783 28,707 76 0.27
Hang Seng 28,310 28,828 -518 -1.80
Indian Indices 02-Jul Prev_Day Abs. Change
% Change
S&P BSE Sensex 52,485 52,319 166 0.32
Nifty 50 15,722 15,680 42 0.27
Nifty 100 15,957 15,928 29 0.18
Nifty 500 13,494 13,454 40 0.30
Nifty Bank 34,810 34,684 126 0.36
S&P BSE Power 2,681 2,716 -35 -1.29
S&P BSE Small Cap 25,567 25,313 255 1.01
S&P BSE HC 26,004 25,753 251 0.97
Date P/E Div. Yield P/E Div. Yield
2-Jul 31.82 1.04 28.33 1.23
Month Ago 31.15 0.87 28.88 1.06
Year Ago 23.68 1.08 27.63 1.52
Nifty 50 Top 3 Gainers
Company 02-Jul Prev_Day
% Change
Divi's Lab 4520 4436 1.89
ICICI Bank 640 631 1.49
RIL 2129 2098 1.48
Nifty 50 Top 3 Losers Domestic News
Company 02-Jul Prev_Day
% Change
Tata Steel 1136 1164 -2.37
Britannia Industries Limited 3545 3596 -1.40
JSW Steel 671 681 -1.36
Advance Decline Ratio
BSE NSE
Advances 1873 1165
Declines 1349 804
Unchanged 126 60
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 59108
MF Flows** -19245
*2
nd
Jul 2021; **10
th
Jun 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
6.30%
(May-21)
6.27%
(May-20)
IIP
134.40%
(Apr-21)
-57.30%
(Apr-20)
GDP
1.60%
(Mar-21)
3.00%
(Mar-20)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
05 July 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
-0.60%
(Jan-21)
0.40%
(Dec-20)
Quarter Ago
Inflow/Outflow
-20
-114
5.03%
(Feb-21)
• Indian equity markets edged higher as gains in pharma and banking
counters, and select heavyweights lent support to the indices. While,
declining COVID-19 cases, easing of curbs and a surge in vaccinations have
helped the Nifty and Sensex hit record highs in recent times, the rapid
increase in delta variant of coronavirus cases globally is had hit both
international and domestic markets.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.32% and
0.27% to close at 52,484.67 and 15,722.20 respectively.
• The overall market breadth on BSE was strong with 1,873 scrips advancing
and 1,349 scrips declining. A total of 126 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Consumer Durables was the major
gainer, up 1.23% followed by S&P BSE Energy, up 1.04% and S&P BSE
Healthcare, up 0.97%. S&P BSE Power was the major loser, down 1.29%
followed by S&P BSE Metal, down 1.17% and S&P BSE Utilities, down 0.86%.
• According to the Reserve Bank of India (RBI) Governor, although the second
wave of the pandemic has slowed recovery, economic activity has increased
since May's end, thanks to the significant decline in Covid cases. The
governor stated in the prologue to the financial stability report (FSR) that
the impact of the Covid-19 epidemic on banks' balance sheets and
performance has been far less than anticipated.
• According to the Reserve Bank of India (RBI), soaring commodity prices,
new Covid variations, and spillover effects from international markets are
developing threats to economic recovery, but the financial system is sturdy
enough to deal with such jolts. The Indian financial services sector has
survived the Covid storm, and the impact of the lockdowns has been less
severe than expected, albeit the entire impact will only be understood as
regulatory forbearance is progressively lifted and normalcy resumes.
• The Reserve Bank of India announced that an interest subsidy scheme for
post-and pre-shipment export credit has been extended for another three
months, until Sep 2021, bringing comfort to exporters. The 'Interest
Equalisation Scheme for pre and post-shipment Rupee Export Credit'
provides the subsidy to exporters. Earlier in Apr 2021, the scheme was
extended till Jun 2021.
• According to the Commerce Minister, exports during quarter ended Jun
2021 rose to USD 95 billion due to healthy growth in sectors, including
engineering, rice, oil meals and marine products. The merchandise exports
were USD 82 billion during Apr-Jun quarter FY19 and USD 90 billion during
the last quarter of FY21
• Edelweiss Financial Services has stated that it will sell its 70% stake in
Edelweiss Gallagher Insurance Brokers Ltd for Rs. 307.60 crore, exiting the
insurance brokerage sector.
• As per media reports, NTPC Ltd plans to go public with its renewables
sector to help fund a clean energy expansion worth 2.5 trillion rupees ($34
billion).
• Asian markets witnessed a mixed trend with trading sentiment in the
region mostly hovered round the progress in virus fights and the likely pace
of normalization from a pandemic induced ultra-loose monetary policy.
Today (as on July 05), Asian markets opened on a lower note as oil prices
hovered about $76 ahead of another meeting between OPEC and its allies.
Both Nikkei and Hang Seng fell 0.60% and 0.35%, respectively (as at 8 a.m.
IST).
• European markets showed a mixed trend despite upbeat U.S. nonfarm
report for Jun 2021. Worries about rising cases of the delta variant of the
covid-19 and travel restrictions in several countries continued to weigh.
• U.S. markets rose after U.S. nonfarm payroll report for Jun 2021 came
better than market expectations. Meanwhile, the U.S. unemployment rate
surprisingly rose 5.9% in Jun 2021 from 5.8% in May 2021.
Markets for You
FII Derivative Trade Statistics 02-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 2537.10 2831.20 10374.35
Index Options 707930.65 709050.37 66662.34
Stock Futures 9871.88 10280.84 109439.13
Stock Options 7742.14 7847.14 14727.74
Total 728081.77 730009.55 201203.56
02-Jul Prev_Day
Change
Put Call Ratio (OI) 1.09 0.89 0.20
Put Call Ratio(Vol) 0.91 0.84 0.07
02-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.14% 3.13% 3.12% 3.51%
T-Repo 3.22% 3.24% 3.23% 2.94%
Repo 4.00% 4.00% 4.00% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 3.30% 3.40% 3.41% 3.10%
364 Day T-Bill 3.56% 3.86% 3.73% 3.42%
10 Year Gilt 6.06% 6.03% 6.01% 5.84%
G-Sec Vol. (Rs.Cr) 22635 24753 18479 27632
FBIL MIBOR 3.36% 3.34% 3.39% 3.89%
3 Month CP Rate 3.80% 3.65% 3.62% 3.90%
5 Year Corp Bond 6.49% 6.49% 6.32% 6.50%
1 Month CD Rate 3.46% 3.47% 3.33% 3.08%
3 Month CD Rate 3.57% 3.60% 3.44% 3.22%
1 Year CD Rate 4.05% 4.03% 4.17% 3.94%
Currency 02-Jul Prev_Day
Change
USD/INR 74.77 74.39 0.38
GBP/INR 102.88 102.73 0.15
EURO/INR 88.53 88.08 0.45
JPY/INR 0.67 0.67 0.00
Commodity 02-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 75.32 74.16 68.74 40.52
Brent Crude($/bl) 78.79 77.30 69.92 43.66
Gold( $/oz) 1787 1780 1908 1775
Gold(Rs./10 gm) 47434 46991 49049 48173
Source: Refinitiv
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 July 2021
Derivative Statistics- Nifty Options
Disclaimer:
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• Nifty Jul 2021 Futures stood at 15,741.55, a premium of 19.35 points above
the spot closing of 15,722.20. The turnover on NSE’s Futures and Options
segment fell to Rs. 25,93,200.00 crore on July 02, 2021, compared with Rs.
84,09,744.70 crore on July 01, 2021.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.85.
• The Nifty Put-Call ratio stood at 1.09 compared with the previous session’s
close of 0.89.
• Open interest on Nifty Futures stood at 9.85 million, compared with the
previous session’s close of 10.2 million.
• Bond yields rose as the Reserve Bank of India (RBI) devolved as well as used
greenshoe option at the government securities auction. Meanwhile, market
participants awaited clarity on bond purchases.
• Yield on the 10-year benchmark paper (5.85% GS 2030) rose 2 bps to close
at 6.06% from the previous close 6.04% after moving in a range of 6.06% to
6.07%.
• According to the RBI’s scheduled banks’ statement of position in India, bank
credit grew 5.82% while bank deposits grew 10.32% as on June 18, 2021.
• RBI announced the auction of 91 days, 182 days and 364 days Treasury Bills
auction for the notified amount of Rs. 9,000 crore, Rs.4,000 crore and Rs.
4,000 crore, respectively on Jul 07, 2021.
• The Indian rupee declined for the fourth consecutive session against the
U.S. dollar as market participants bought greenback on expectations of
upbeat US nonfarm report.
• Euro was rose against the U.S. dollar as market participants were confused
over the rising U.S. unemployment rate despite strong U.S. non-farm
payrolls report for Jun 2021.
• Gold prices continued to rise as concerns over the Delta variant of COVID-19
boosted it’s safe-haven appeal.
• Brent crude prices rose ahead of the key meeting from major oil producing
countries.
• According to the Labour Department, U.S. non-farm payroll employment
rose by 850,000 jobs in Jun 2021 after rising by an upwardly revised 583,000
jobs in May 2021. Meanwhile, the Labor Department said the
unemployment rate unexpectedly inched up to 5.9% in Jun from 5.8% in
May.
• According to the Commerce Department, U.S. trade deficit widened to
$71.2 billion in May 2021 from a revised $69.1 billion in Apr 2021. The wider
trade deficit came as the value of imports rose 1.3% to $277.3 billion, while
the value of exports rose 0.6% to $206.0 billion.
• According to data from Eurostat, eurozone’s industrial producer prices rose
9.6% YoY in May 2021 following 7.6% rise in Apr 2021. On a monthly basis,
producer prices rose 1.3% in May faster than 0.9% rise in Apr.
Markets for You
