Global Indices
Global Indices 08-Jul Prev_Day Abs. Change
% Change
Russell 3000 2,219 2,235 -16 -0.71
Nasdaq 14,560 14,665 -105 -0.72
FTSE 7,031 7,151 -120 -1.68
Nikkei 28,118 28,367 -249 -0.88
Hang Seng 27,153 27,961 -807 -2.89
Indian Indices 08-Jul Prev_Day Abs. Change
% Change
S&P BSE Sensex 52,569 53,055 -486 -0.92
Nifty 50 15,728 15,880 -152 -0.96
Nifty 100 15,982 16,117 -135 -0.84
Nifty 500 13,533 13,631 -98 -0.72
Nifty Bank 35,274 35,771 -497 -1.39
S&P BSE Power 2,700 2,694 6 0.21
S&P BSE Small Cap 25,775 25,799 -23 -0.09
S&P BSE HC 25,728 25,959 -232 -0.89
Date P/E Div. Yield P/E Div. Yield
8-Jul 31.45 1.04 28.34 1.14
Month Ago 32.13 0.95 29.19 1.07
Year Ago 24.05 1.07 27.98 1.50
Nifty 50 Top 3 Gainers
Company 08-Jul Prev_Day
% Change
Tech Mahindra 1060 1046 1.36
SBI Life Insurance Company Limited
1022 1014 0.71
Eicher Motors Limited 2729 2711 0.68
Nifty 50 Top 3 Losers Domestic News
Company 08-Jul Prev_Day
% Change
Tata Motors 306 317 -3.39
JSW Steel 668 690 -3.21
Hindalco 383 394 -2.68
Advance Decline Ratio
BSE NSE
Advances 1360 750
Declines 1831 1213
Unchanged 139 75
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 58735
MF Flows** -9709
*8
th
Jul 2021; **6
th
Jul 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.
09 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)
0.50%
(Dec-20)
Quarter Ago
Inflow/Outflow
129
661
5.03%
(Feb-21)
• The Indian equity markets fell amid weak global cues due to anxiety among
investors that the spread of COVID-19 variants could disrupt growth going
forward. Investors were also cautious ahead of the earning news of a major
technology company due after market hours.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.92% and 0.96%
to close at 52,568.94 and 15,727.90 respectively.
• The overall market breadth on BSE was weak with 1,360 scrips advancing
and 1,831 scrips declining. A total of 139 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Utilities was the major gainer, up 0.57%
followed by S&P BSE Power, up 0.21%. S&P BSE Metal was the major loser,
down 2.43% followed by S&P BSE Bankex, down 1.39% and S&P BSE Basic
Materials, down 1.2%.
• The governor of the Reserve Bank of India wants to anchor inflation
expectations as the country focuses on recovering economic growth, and he
has encouraged the government to consider decreasing fuel taxes to relieve
price pressures. A fast reversal of monetary policy attitude or strategy,
according to the governor, can have major ramifications for the economy's
recovery.
• According to the Centre for Monitoring Indian Economy, of the 22.7 million
jobs lost during the second wave of the pandemic, nearly 7.8 million have
recovered in Jun 2021 after economic activity started picking up, taking the
total employment in the country to 383 million last month. While the
improvement in employment in June and in particular the increase in non-
farm employment in the month is promising, the employment recovery
challenge is steep because of a huge backlog.
• The finance ministry announced the release of the fourth monthly
instalment of the post-devolution income deficit grant to 17 states, totaling
Rs. 9,871 crore. This tranche brings the total amount distributed to eligible
states in FY22 to Rs. 39,484 crore.
• Larsen & Toubro Infotech said it has completed acquisition of Cuelogic
Technologies, a digital engineering and outsourced product development
company.
• DBS Bank India Ltd's net profit rose to Rs. 312 crore in FY21 from Rs. 111
crore in FY20. Despite the impact of the acquisition of troubled private
lender Lakshmi Vilas Bank (LBB) in FY21, the company's net profit increased.
• Asian market closed mostly lower amid worries over a new wave of COVID-
19 infections in numerous Asian countries, as well as concerns about China's
crackdown on technological companies. Today (as on Jul 9), markets are
trading lower amid caution ahead of the release of Chinese inflation data.
While Nikkei is down 1.96%, Hang Seng is trading flat (as at 8:00 AM IST).
• European markets dipped as worries about the spread of the delta variant
of the coronavirus and its impact on economic growth dented sentiment.
• U.S. markets closed in the red as the rapid spread of yet another new variant
of COVID-19 in other parts of the world has raised concerns about a global
slowdown.
Markets for You
FII Derivative Trade Statistics 08-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 2401.16 2719.80 10042.19
Index Options 410559.16 410467.34 101498.77
Stock Futures 11957.20 11761.28 111999.73
Stock Options 12955.13 13064.14 19749.20
Total 437872.65 438012.56 243289.89
08-Jul Prev_Day
Change
Put Call Ratio (OI) 0.91 1.25 -0.34
Put Call Ratio(Vol) 0.90 1.00 -0.10
08-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.17% 3.12% 3.09% 3.51%
T-Repo 3.01% 3.20% 3.18% 3.14%
Repo 4.00% 4.00% 4.00% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 3.40% 3.38% 3.39% 3.10%
364 Day T-Bill 3.84% 3.79% 3.70% 3.39%
10 Year Gilt 6.12% 6.04% 6.01% 5.78%
G-Sec Vol. (Rs.Cr) 39429 12090 36216 50867
FBIL MIBOR 3.37% 3.34% 3.37% 3.90%
3 Month CP Rate 3.80% 3.60% 3.62% 3.80%
5 Year Corp Bond 6.35% 6.56% 6.23% 6.39%
1 Month CD Rate 3.47% 3.41% 3.37% 3.17%
3 Month CD Rate 3.59% 3.56% 3.42% 3.25%
1 Year CD Rate 4.19% 4.08% 3.99% 3.91%
Currency 08-Jul Prev_Day
Change
USD/INR 74.70 74.74 -0.05
GBP/INR 102.88 103.23 -0.35
EURO/INR 88.12 88.40 -0.28
JPY/INR 0.68 0.68 0.00
Commodity 08-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 72.93 75.28 70.06 40.86
Brent Crude($/bl) 75.84 78.00 70.46 44.21
Gold( $/oz) 1803 1777 1893 1810
Gold(Rs./10 gm) 48096 47075 48857 48965
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
09 July 2021
Derivative Statistics- Nifty Options
Disclaimer:
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material.
• Nifty Jul 2021 Futures stood at 15,735.40, a premium of 7.50 points above
the spot closing of 15,727.90. The turnover on NSE’s Futures and Options
segment fell to Rs.1,04,93,040.76 crore on July 08, 2021, compared with
Rs.46,48,961.06 crore on July 07, 2021.
• The Put-Call ratio remained unchanged compared with the previous
session’s close of 0.91.
• The Nifty Put-Call ratio stood at 0.91 compared with the previous session’s
close of 1.25.
• Open interest on Nifty Futures stood at 10.58 million, compared with the
previous session’s close of 10.04 million.
• Bond yields fell tracking fall in yields on U.S. Treasuries after minutes of the
U.S. Federal Reserve (Fed) monetary policy review in Jun showed that Fed
officials talked about tapering its asset purchase program but also expressed
the need for patience. However, gains were capped as market participants
awaited the sale of India’s new 10-year bond tomorrow.
• Yield on the 10-year benchmark paper (5.85% GS 2030) fell 4 bps bps to
close at 6.12% from the previous close 6.16% after moving in a range of
6.12% to 6.15%.
• Banks did not under the central bank’s marginal standing facility on Jul 7,
2021 compared to that of Jul 6, 2021 when banks borrowed Rs. 16 crore.
• RBI conducted the open market purchase of Government of India securities
for a notified amount of Rs. 20,000 crore for which the total amount was
accepted by the RBI.
• The rupee in the spot trade weakened against the greenback following
losses in the domestic equity market and broader losses in Asian currencies.
• The euro rose against the greenback after initial jobless claims in U.S. rose
for the week ended Jul 3, 2021 which kept the greenback under pressure.
• Gold prices remained at elevated levels on worries over slowing growth.
• Oil prices rose after data from the U.S. EIA showed that crude inventories in
U.S. fell by 6.9 million barrels in the week to July 2 to 445.5 million barrels.
• The recent monetary policy meeting of the U.S. Federal Reserve suggests
that it will not be in a hurry to start winding down its asset buying
programme. The central bank has stated repeatedly that it intends to keep
buying assets at a rate of at least $120 billion per month until it achieves
"significant further progress" toward its goals of maximum employment and
price stability.
• According to data from Destatis, Germany’s exports rose 0.3% MoM in May
2021 following 0.2% rise in Apr 2021.
• According to the Cabinet Office, Japan’s current conditions index of the
Economy Watchers' Survey, which measures the current situation of the
economy, rose to 47.6 in Jun 2021 from 38.1 in May 2021. The outlook index
that signals future activity rose to 52.4 in Jun from 47.6 in May.
Markets for You
