Global Indices
Global Indices 07-Jul Prev_Day Abs. Change
% Change
Russell 3000 2,235 2,231 4 0.19
Nasdaq 14,665 14,664 1 0.01
FTSE 7,151 7,101 50 0.71
Nikkei 28,367 28,643 -276 -0.96
Hang Seng 27,961 28,073 -112 -0.40
Indian Indices 07-Jul Prev_Day Abs. Change
% Change
S&P BSE Sensex 53,055 52,861 194 0.37
Nifty 50 15,880 15,818 61 0.39
Nifty 100 16,117 16,055 63 0.39
Nifty 500 13,631 13,574 57 0.42
Nifty Bank 35,771 35,579 192 0.54
S&P BSE Power 2,694 2,687 8 0.28
S&P BSE Small Cap 25,799 25,700 99 0.38
S&P BSE HC 25,959 25,898 62 0.24
Date P/E Div. Yield P/E Div. Yield
7-Jul 32.25 1.03 28.62 1.10
Month Ago 32.19 0.95 29.21 1.07
Year Ago 24.33 1.06 28.22 1.49
Nifty 50 Top 3 Gainers
Company 07-Jul Prev_Day
% Change
Tata Steel 1219 1167 4.40
JSW Steel 690 673 2.56
Bajaj Finserv Limited 12374 12091 2.34
Nifty 50 Top 3 Losers Domestic News
Company 07-Jul Prev_Day
% Change
Titan Industries Limited 1727 1763 -2.02
ONGC 120 122 -1.32
Maruti 7449 7515 -0.87
Advance Decline Ratio
Advances 1748 1065
Declines 1456 924
Unchanged 142 57
Institutional Flows (Equity)
Description (Cr)
FII Flows* 58073
MF Flows** -16828
Jul 2021; **6
Jul 2021
Economic Indicator
YoY(%) Current Year Ago
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 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
Quarter Ago
The Indian stock market closed in the green ahead of the announcement of
Q1FY22 corporate earnings data by one of the IT majors. Meanwhile, mixed
global cues capped the gains with investors looking forward to the minutes
of the Federal Reserve's June meeting to learn more about the U.S. central
bank's views on interest rates, bond purchases, and the economy's outlook.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.37% and
0.39% to close at 53,054.76 and 15,879.65 respectively.
The overall market breadth on BSE was strong with 1,748 scrips advancing
and 1,456 scrips declining. A total of 142 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Metal was the major gainer, up 2.31%
followed by S&P BSE Realty, up 1.91% and S&P BSE Basic Materials, up
1.42%. S&P BSE Consumer Durables was the major loser, down 0.86%
followed by S&P BSE Energy, down 0.64% and S&P BSE Oil & Gas, down
Rashtrapati Bhavan hosted a swearing-in event for 43 ministers. 15 Cabinet
Ministers and 28 Ministers of State were sworn in. 36 fresh faces will be
added to the cabinet. Government has promoted seven ministers who were
previously in his Cabinet. The new members of India's Council of Ministers
were picked for their diversity, experience, and education.
The Department of Public Enterprises (DPE) and the Finance Ministry have
amalgamated to offer the government more control over state-owned
businesses and to enable its ambitious privatisation drive. The Finance
Ministry will now have six departments, while the Ministry of Heavy
Industries and Public Enterprises, which was previously known as the
Ministry of Heavy Industries and Public Enterprises, will now be known as
the Ministry of Heavy Industries.
The Union Minister of Fisheries, Animal Husbandry, and Dairy released the
'Matsya Setu' smartphone app to help aqua farmers learn about the latest
freshwater aquaculture technologies. In the Matsya Setu app, renowned
aquaculture experts explain the basic concepts and practical
demonstrations on breeding, seed production, and grow-out culture of
commercially important fishes like carp, catfish, scampi, murrel, ornamental
fish, and pearl farming in species-and subject-specific self-learning online
course modules.
A major credit rating agency has lowered India's GDP prediction to 10% for
FY22, down from 12.8% previously anticipated due to the stalling recovery
following the second wave of Covid-19 and stated that quick vaccination
could help a durable resurgence in business and consumer confidence. The
rating agency stated in a research that the risks posed by the coronavirus
pandemic to the banking industry have escalated due to a virulent second
wave in Q1 FY22.
Reliance Infrastructure Ltd said its shareholders have approved a
preferential share offering to raise cash of up to Rs 550.56 crore. The funds
raised would be used to provide long-term resources, as well as for general
corporate operations and future expansion.
Asian market witnessed mixed trend with investors awaiting the release of
the U.S. Federal Reserve's June meeting minutes for more insight into the
central bank's stance on interest rates, bond purchases, and the economy's
prospects. Today (as on July 08), Asian markets opened on a mixed note as
the covid-19 situation in parts of the region weighed on investor sentiment.
Both Nikkei and Hang Seng fell 0.51% and 0.20%, respectively (as at 8 a.m.
European markets gained after the European Commission hiked its
economic growth forecasts for the euro area. Also a positive opening on
the U.S. equity market and lower bond yields support the upside.
U.S. markets rose as the minutes of the U.S. Fed's latest monetary policy
meeting signaled the central bank will not start tapering its asset purchase
program in a hurry.
Markets for You
FII Derivative Trade Statistics 07-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 3003.23 2779.50 10615.04
Index Options 394854.97 392488.31 84470.80
Stock Futures 14399.17 13340.49 111358.70
Stock Options 13772.62 14146.87 18448.40
Total 426029.99 422755.17 224892.94
07-Jul Prev_Day
Put Call Ratio (OI) 1.25 1.08 0.16
Put Call Ratio(Vol) 1.00 0.97 0.03
07-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.14% 3.16% 3.13% 3.47%
T-Repo 3.24% 3.22% 3.25% 3.11%
Repo 4.00% 4.00% 4.00% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 3.42% 3.41% 3.39% 3.20%
364 Day T-Bill 3.80% 3.85% 3.69% 3.39%
10 Year Gilt 6.16% 6.05% 6.02% 5.79%
G-Sec Vol. (Rs.Cr) 19655 22654 24777 66639
FBIL MIBOR 3.36% 3.36% 3.37% 3.93%
3 Month CP Rate 3.85% 3.62% 3.62% 3.85%
5 Year Corp Bond 6.45% 6.28% 6.23% 6.39%
1 Month CD Rate 3.50% 3.45% 3.36% 3.20%
3 Month CD Rate 3.62% 3.62% 3.44% 3.24%
1 Year CD Rate 4.19% 4.16% 4.02% 3.92%
Currency 07-Jul Prev_Day
USD/INR 74.74 74.33 0.41
GBP/INR 103.23 103.25 -0.02
EURO/INR 88.40 88.38 0.02
JPY/INR 0.68 0.67 0.00
Commodity 07-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 72.17 73.47 69.16 40.54
Brent Crude($/bl) 75.24 78.25 70.46 44.36
Gold( $/oz) 1803 1770 1899 1794
Gold(Rs./10 gm) 47835 46504 48624 48235
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
08 July 2021
Derivative Statistics- Nifty Options
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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Nifty Jul 2021 Futures stood at 15,886.40, a premium of 6.75 points above
the spot closing of 15,879.65. The turnover on NSE’s Futures and Options
segment fell to Rs.46,48,961.06 crore on July 07, 2021, compared with
Rs.47,00,446.11 crore on July 06, 2021.
The Put-Call ratio stood at 0.91 compared with the previous session’s close
of 0.88.
The Nifty Put-Call ratio stood at 1.25 compared with the previous session’s
close of 1.08.
Open interest on Nifty Futures stood at 10.04 million, compared with the
previous session’s close of 10.14 million.
Bond yields fell tracking fall in yields on U.S. Treasuries. A decline in global
crude oil prices also boosted market sentiments. However, gains were
capped as market participants awaited the outcome of an open market
purchase of government securities of Rs. 20,000 crore under the G-sec
Acquisition Programme (G-SAP 2.0) on Jul 8, 2021 and issuance of a new 10-
year paper on Jul 9, 2021.
Yield on the 10-year benchmark paper (5.85% GS 2030) fell 2 bps bps to
close at 6.16% from the previous close 6.18% after moving in a range of
6.15% to 6.18%.
Data from RBI showed that reserve money grew 17.2% on a yearly basis for
the week ended Jul 02, 2021 compared to an increase of 14.3% in the same
period of the previous year. The currency in circulation grew 11.5% on a
yearly basis for the week ended Jul 02, 2021 compared to an increase of
21.3% in the same period of the previous year.
The rupee in the spot trade weakened against the greenback following a
decline in most regional currencies. Worries over slowdown in the pace of
economic recovery also contributed to the downside.
The euro weakened against the greenback after investor sentiment in
Germany, the euro zone’s biggest economy, fell sharply in Jul 2021.
Gold price crossed $1800/ounce mark as treasury yield fell and investors
awaited for clues on policy outlook of Fed’s June meeting.
Brent Crude prices dipped with investors speculating collapse in OPEC+
talks, which could mean more supply.
The European Commission raised its economic forecasts, citing improved
health and, as a result, continuous relaxing of virus containment measures.
In 2021, the euro area economy is expected to develop at a rate of 4.8%, up
from the prior prediction of 4.3%.
According to data from Destatis, Germany’s industrial production fell 0.3%
MoM in May 2021, the same pace of decline as seen in Apr 2021. The drop
occurred as the automotive industry continued to be hampered by supply
According to the Cabinet Office, Japan’s leading index, which measures the
future economic activity, fell to 102.6 in May 2021 from 103.8 in Apr 2021.
The coincident index decreased to 92.7 in May from 95.3 in the previous
Markets for You