Global Indices
Global Indices 09-Jul Prev_Day Abs. Change
% Change
Russell 3000 2,240 2,219 20 0.92
Nasdaq 14,702 14,560 142 0.98
FTSE 7,122 7,031 91 1.30
Nikkei 27,940 28,118 -178 -0.63
Hang Seng 27,345 27,153 191 0.70
Indian Indices 09-Jul Prev_Day Abs. Change
% Change
S&P BSE Sensex 52,386 52,569 -183 -0.35
Nifty 50 15,690 15,728 -38 -0.24
Nifty 100 15,952 15,982 -30 -0.18
Nifty 500 13,528 13,533 -5 -0.04
Nifty Bank 35,072 35,274 -202 -0.57
S&P BSE Power 2,707 2,700 7 0.28
S&P BSE Small Cap 25,874 25,775 99 0.39
S&P BSE HC 25,875 25,728 148 0.57
Date P/E Div. Yield P/E Div. Yield
9-Jul 31.40 1.04 28.27 1.09
Month Ago 31.87 0.96 28.99 1.07
Year Ago 24.40 1.05 28.26 1.48
Nifty 50 Top 3 Gainers
Company 09-Jul Prev_Day
% Change
Bajaj Finserv Limited 12855 12334 4.22
Tata Steel 1239 1190 4.17
Adani Ports & SEZ 729 712 2.36
Nifty 50 Top 3 Losers Domestic News
Company 09-Jul Prev_Day
% Change
Bajaj Auto 3996 4077 -2.00
TCS 3208 3259 -1.55
HDFC Bank 1502 1520 -1.21
Advance Decline Ratio
BSE NSE
Advances 1898 1088
Declines 1294 869
Unchanged 161 72
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 58094
MF Flows** -9709
*9
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.
12 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
-641
5.03%
(Feb-21)
• The Indian equity markets fell in line with its Asian counterparts as worries
over a probable stalled economy grew as the Delta form of COVID-19
spread fast across the region. In addition, the market was pulled down by
lower-than-expected initial earnings of IT companies. The swift rate of
immunisation in India, on the other hand, limited the losses.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.35% and 0.24%
to close at 52,386.19 and 15,689.80 respectively.
• The overall market breadth on BSE was strong with 1,898 scrips advancing
and 1,294 scrips declining. A total of 161 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up 2.38%
followed by S&P BSE Metal, up 2.14% and S&P BSE Telecom, up 1.71%. S&P
BSE Energy was the major loser, down 0.71% followed by S&P BSE Bankex,
down 0.6% and S&P BSE Oil & Gas, down 0.49%.
• According to the finance ministry, the economy has begun to show
indications of rebound from the impact of the second wave of the COVID-19
epidemic on the back of targeted fiscal relief, monetary policy, and a quick
vaccination effort. The Rs 6.29 lakh crore broad-based economic relief
package was extended to offset the second wave. The Reserve Bank of India
is continuing its efforts to ease market anxieties and revitalise sectors with
both backward and forward linkages and multiplier effects on GDP,
according to the ministry's monthly economic assessment.
• The Reserve Bank of India has warned banks and financial institutions
against structuring deals based on the London Interbank Offered Rate
(LIBOR), a long-standing reference frame for cross-border fund-raising, as
the global rate gauge is nearing the end of its life cycle and will be replaced
beginning next year.
• The Union Cabinet has authorised Rs. 23,123 crore package to improve
health infrastructure in order to combat COVID-19, as part of which roughly
2.4 lakh hospital beds and 20,000 intensive care units (ICUs) will be built,
with a special focus on paediatric care. The package will be implemented
over the next nine months till Mar 2022.
• HCL Technologies announced that the first phase of a multi-year project to
establish a contemporary digital workplace for multinational energy
company BP has been completed successfully. This partnership with HCL will
help BP improve its workplace services, allowing the company to increase
efficiency and provide a consistent end-user experience for its employees
across more than 500 locations.
• BHEL has bagged an order worth Rs. 1,405 crore from the Nuclear Power
Corporation of India Ltd for supply of 12 nuclear steam generators. BHEL's
Tiruchirapalli factory will produce the steam generators.
• Asian market closed mostly lower on fears that the spread of the Delta
variant of Covid-19, as well as low vaccination rates, could pose a threat to
the global recovery. Today (as on Jul 12), markets are trading mixed as
investors continue to monitor the COVID situation regionally. Both Nikkei
and Hang Seng are up 2.25% and 0.96% ( as at 8:00 AM IST), respectively.
• European markets went up with investors focusing on the meeting of G-20
finance ministers and central bank governors in Venice, Italy, with global tax
reform on top of the agenda.
• U.S. markets closed in the green as investors set aside concerns over the
spread of delta variant of COVID-19 and remained optimistic about the
outperformance of U.S. economy.
Markets for You
FII Derivative Trade Statistics 09-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 3925.96 6863.48 11493.38
Index Options 859042.02 854354.61 72342.79
Stock Futures 11354.59 12440.27 110453.16
Stock Options 12642.03 13046.80 20987.97
Total 886964.60 886705.16 215277.30
09-Jul Prev_Day
Change
Put Call Ratio (OI) 0.94 0.91 0.03
Put Call Ratio(Vol) 0.88 0.90 -0.02
09-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.17% 3.14% 3.12% 3.52%
T-Repo 3.19% 3.22% 3.21% 3.13%
Repo 4.00% 4.00% 4.00% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 3.37% 3.30% 3.39% 3.17%
364 Day T-Bill 3.75% 3.56% 3.74% 3.36%
10 Year Gilt 6.19% 6.06% 6.02% 5.77%
G-Sec Vol. (Rs.Cr) 30919 22635 36216 36703
FBIL MIBOR 3.38% 3.36% 3.37% 3.84%
3 Month CP Rate 3.80% 3.80% 3.62% 3.80%
5 Year Corp Bond 6.37% 6.49% 6.23% 6.37%
1 Month CD Rate 3.52% 3.46% 3.33% 3.14%
3 Month CD Rate 3.58% 3.57% 3.43% 3.24%
1 Year CD Rate 4.18% 4.05% 4.00% 3.90%
Currency 09-Jul Prev_Day
Change
USD/INR 74.64 74.70 -0.05
GBP/INR 102.75 102.88 -0.13
EURO/INR 88.29 88.12 0.16
JPY/INR 0.68 0.68 0.00
Commodity 09-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 74.51 75.32 69.85 39.59
Brent Crude($/bl) 78.30 78.79 71.06 43.16
Gold( $/oz) 1808 1787 1888 1803
Gold(Rs./10 gm) 47723 47434 48736 49054
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
12 July 2021
Derivative Statistics- Nifty Options
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material.
• Nifty Jul 2021 Futures stood at 15,722.45, a premium of 32.65 points above
the spot closing of 15,689.80. The turnover on NSE’s Futures and Options
segment rose to Rs.33,32,841.55 crore on July 09, 2021, compared with
Rs.1,04,93,040.76 crore on July 08, 2021.
• The Put-Call ratio remained unchanged compared with the previous
session’s close of 0.91.
• The Nifty Put-Call ratio stood at 0.94 compared with the previous session’s
close of 0.91.
• Open interest on Nifty Futures stood at 10.27 million, compared with the
previous session’s close of 10.58 million.
• Bond yields rose after the Reserve Bank of India (RBI) sold the much-awaited
new 10-year bond at a higher-than-expected yield of 6.10%. Increase in
global crude oil prices and intensifying concerns about an early normalization
of monetary policy due to rise in domestic inflationary pressures also
weighed on the market sentiment.
• Yield on the 10-year benchmark paper (5.85% GS 2030) surged 7 bps to close
at 6.19% from the previous close 6.12% after moving in a range of 6.14% to
6.20%.
• Banks did not under the central bank’s marginal standing facility on Jul 8,
2021 compared to that of Jul 7, 2021 when banks borrowed none.
• RBI conducted the auction of three government securities for a notified
amount of Rs. 26,000 crore for which the entire amount was accepted. The
implicit yield at cut off for the much-awaited new 10-year bond came in at
6.10%.
• The rupee in the spot trade rose marginally against the greenback on
expectations of more inflows in the domestic equity market from initial
public offerings.
• The euro rose against the greenback as the latter came under pressure due
to profit booking. The greenback declined further as market participants
awaited key U.S. inflation data for Jun 2021.
• Gold prices went up bolstered by a weaker dollar and concerns that the
spread of the Delta variant of the coronavirus could slow a global economic
recovery.
• Oil prices rose as data from U.S. EIA showed that U.S. crude and gasoline
stocks fell and gasoline demand reached its highest since 2019.
• According to the Office for National Statistics, U.K. visible trade deficit
narrowed to an 11-month low to GBP 8.48 billion in May 2021 compared to a
GBP 10.95 billion deficit in the previous month. Exports of goods grew 7.1%,
while imports dropped 1.4% in May.
• According to data from the National Bureau of Statistics, China’s consumer
prices rose 1.1% YoY in Jun 2021 slower than 1.3% rise in May 2021. The
prices eased due to falling food prices.
• According to the Office for National Statistics, U.K. gross domestic product
rose 0.8% MoM in May 2021 slower than the revised 2% growth posted in
Apr 2021
Markets for You
