Global Indices
Global Indices 15-Jul Prev_Day Abs. Change
% Change
Russell 3000 2,222 2,236 -14 -0.61
Nasdaq 14,543 14,645 -102 -0.70
FTSE 7,012 7,091 -79 -1.12
Nikkei 28,279 28,608 -329 -1.15
Hang Seng 27,996 27,787 209 0.75
Indian Indices 15-Jul Prev_Day Abs. Change
% Change
S&P BSE Sensex 53,159 52,904 255 0.48
Nifty 50 15,924 15,854 70 0.44
Nifty 100 16,160 16,092 69 0.43
Nifty 500 13,720 13,661 59 0.43
Nifty Bank 35,908 35,668 239 0.67
S&P BSE Power 2,708 2,699 9 0.33
S&P BSE Small Cap 26,363 26,251 112 0.43
S&P BSE HC 26,015 26,059 -44 -0.17
Date P/E Div. Yield P/E Div. Yield
15-Jul 32.27 1.02 28.63 1.10
Month Ago 33.06 0.95 29.43 1.20
Year Ago 24.05 1.07 27.88 1.51
Nifty 50 Top 3 Gainers
Company 15-Jul Prev_Day
% Change
HCL Tech 1040 989 5.08
L&T Ltd. 1609 1545 4.19
Tech Mahindra 1112 1079 3.15
Nifty 50 Top 3 Losers Domestic News
Company 15-Jul Prev_Day
% Change
ONGC 117 121 -3.23
GAIL 144 148 -2.33
Eicher Motors 2668 2700 -1.20
Advance Decline Ratio
BSE NSE
Advances 1645 927
Declines 1587 1067
Unchanged 134 69
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 55445
MF Flows** -9072
*15
th
Jul 2021; **13
th
Jul 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
6.26%
(Jun-21)
6.23%
(Jun-20)
IIP
29.60%
(May-21)
-33.40%
(May-20)
GDP
1.60%
(Mar-21)
3.00%
(Mar-20)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
16 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
-3.20%
(Feb-21)
0.50%
(Dec-20)
Quarter Ago
Inflow/Outflow
292
-1225
5.52%
(Mar-21)
• The Indian equity market closed in green. During intraday, the Sensex hit
new lifetime high of 53,266 and the Nifty touched 15,952. Reassurance by
the U.S. Federal Reserve Chair to keep interest rates near zero uplifted
investor’s sentiments. Anticipation of robust Q1 earnings further boosted
domestic equity market.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.48% and
0.44% to close at 53,158.85 and 15,924.20 respectively.
• The overall market breadth on BSE was strong with 1,645 scrips advancing
and 1,587 scrips declining. A total of 134 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up 4.01%
followed by S&P BSE Capital Goods, up 2.04% and S&P BSE IT, up 1.2%. S&P
BSE Oil & Gas was the major loser, down 0.87% followed by S&P BSE
Telecom, down 0.84% and S&P BSE Energy, down 0.37%.
• According to the Reserve Bank of India, the coronavirus epidemic generated
supply shocks and sector-specific demand-supply imbalances, which caused
inflation to rise. These variables could reduce during the year as supply side
actions take effect, according to the RBI's monthly report for Jul 2021. It
also stated that the second coronavirus wave's tapering, along with a
vigorous vaccination campaign, has improved the Indian economy's near-
term prospects. Despite the fact that numerous high frequency indicators of
activity are improving, the central bank warned that a meaningful increase in
aggregate demand has yet to materialise.
• The Reserve Bank of India (RBI) Governor said financial inclusion will
continue to be a policy priority for the central to make the post-pandemic
recovery more equitable and sustainable. RBI will very soon be coming out
with the first financial inclusion index, which will assess progress in terms of
access, usage and quality. The RBI Governor added that all stakeholders
must ensure that the financial ecosystem (including the digital medium) is
inclusive and capable of effectively addressing risks such as mis-selling,
cybersecurity, data privacy, and promoting trust in the financial system
through appropriate financial education and awareness
• According to power ministry data, India's power consumption increased
roughly 17% to 59.36 billion units (BU) in the first fortnight of Jul 2021,
returning to pre-pandemic levels owing to the lifting of shutdown
limitations and a delayed monsoon. From Jul 1 to14, 2020, 50.79 BU of
electricity was consumed. As a result, power consumption has not only
increased year over year, but has also reverted to pre-pandemic levels.
• Wipro reported 36% jump in consolidated net profit at Rs. 3,243 crore for
the quarter ended Jun 2021 as against Rs. 2,390 crore in the year-ago
period. Consolidated revenue rose 12% to Rs. 18,252 crore in quarter ended
Jun 2021 as against Rs. 14,913 crore in quarter ended Jun 2020.
• The Competition Commission of India (CCI) has authorised Synergy Metals
Investments Holding's acquisition of a stake in JSW Cement under the green
channel procedure.
• Asian equity market witnessed mixed trend as investors reacted to dovish
commentary from the U.S. Federal Reserve Chair. Nonetheless, investors
kept a wary eye on a surge in COVID-19 cases. Today (as on Jul 16), markets
are trading low as investors awaits the Bank of Japan’s monetary policy
statement. Both Nikkei and Hang Seng are down 1.23% and 0.09% (as at
8:00 AMIST), respectively.
• European markets went down as worries about inflation, falling crude oil
prices and concerns about rising delta variant of the coronavirus cases
weighed on investor sentiments.
• Majority of the U.S. markets closed in the red amid worries over global
economic outlook after China reported slowdown in its GDP growth by
more than expected in the second quarter.
Markets for You
FII Derivative Trade Statistics 15-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 3056.27 2778.49 11312.46
Index Options 411192.37 411092.20 109996.42
Stock Futures 10306.53 10261.73 112209.74
Stock Options 13217.48 13439.02 23650.42
Total 437772.65 437571.44 257169.04
15-Jul Prev_Day
Change
Put Call Ratio (OI) 1.29 1.23 0.07
Put Call Ratio(Vol) 1.06 0.97 0.09
15-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.19% 3.17% 3.14% 3.51%
T-Repo 3.24% 3.01% 3.24% 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 3.41% 3.40% 3.38% 3.21%
364 Day T-Bill 3.78% 3.84% 3.71% 3.40%
10 Year Gilt 6.19% 6.12% 6.04% 5.82%
G-Sec Vol. (Rs.Cr) 26026 39429 34471 32257
FBIL MIBOR 3.39% 3.37% 3.38% 3.88%
3 Month CP Rate 3.75% 3.80% 3.62% 3.70%
5 Year Corp Bond 6.35% 6.35% 6.29% 6.33%
1 Month CD Rate 3.45% 3.47% 3.40% 3.12%
3 Month CD Rate 3.59% 3.59% 3.39% 3.28%
1 Year CD Rate 4.12% 4.19% 3.95% 3.78%
Currency 15-Jul Prev_Day
Change
USD/INR 74.52 74.57 -0.05
GBP/INR 103.30 103.23 0.07
EURO/INR 88.22 87.95 0.27
JPY/INR 0.68 0.68 0.00
Commodity 15-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 71.62 72.93 72.01 41.15
Brent Crude($/bl) 76.44 75.84 73.20 44.50
Gold( $/oz) 1829 1803 1859 1811
Gold(Rs./10 gm) 48199 48096 48445 49062
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
16 July 2021
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third party sources
and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since Nippon Life India Asset
Management Limited (NAM India) has not independently verified the accuracy or authenticity of such information or data, or for that matter the reasonableness of the assumptions upon which such data and information
has been processed or arrive data; NAM India does not in any manner assures the accuracy or authenticity of such data and information. Some of the statements & assertions contained in these materials may reflect NAM
India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors, employees, associates or
representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based upon the information provided
herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or solicitation for the purchase or
sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the readers are advised to seek
independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, associates
or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this
material.
• Nifty Jul 2021 Futures stood at 15,937.30, a premium of 13.10 points above
the spot closing of 15,924.20. The turnover on NSE’s Futures and Options
segment fell to Rs. 93,17,900.34 crore on July 15, 2021, compared with
Rs.47,94,997.45 crore on July 14, 2021.
• The Put-Call ratio stood at 0.95 compared with the previous session’s close
of 0.92.
• The Nifty Put-Call ratio stood at 1.29 compared with the previous session’s
close of 1.23.
• Open interest on Nifty Futures stood at 10.83 million, compared with the
previous session’s close of 10.4 million.
• Bond yields inched up as market participants remained on the side-lines and
awaited the outcome of the weekly debt auction which is due on Jul 16,
2021. Worries that the government might need to spend more to push
growth which may lead to increased borrowing also weighed on the market
sentiment.
• Yield on the 10-year benchmark paper (6.10% GS 2031) rose marginally by 1
bps to close at 6.12% from the previous close 6.11% after moving in a range
of 6.11% to 6.12%.
• Reserve Bank of India announced the second open market purchase of
Government of India Securities under G-sec Acquisition Programme (G-SAP
2.0) for an aggregate amount of Rs. 20,000 crore. The auction will be
conducted on Jul 22, 2021.
• RBI announced the auction of government securities for eight states for a
notified amount of Rs. 11,700 crore. The auction will be conducted on Jul 19,
2021.
• The rupee in the spot trade rose marginally against the greenback as worries
that the U.S. Federal Reserve may increase interest rates sooner than
expected eased to some extent.
• The euro fell against the greenback as the latter found support following a
decline in initial jobless claims in U.S. for the week ended Jul 10, 2021.
• Gold price rose following U.S. Federal Reserve Chair’s dovish comments and
some concerns over a stalling global economy.
• Oil prices fell amid speculation that a negotiation deal between leading
OPEC producers will inject a sharp increase of oil supply into an extremely
tight market.
• The U.S. Federal Reserve Chair testimony before the House Financial Services
Committee continued to downplay the dangers of inflation, implying that
the central bank is unlikely to begin tightening monetary policy anytime
soon. U.S. Fed Chair warned the committee that "significant further
progress" toward the Fed's goals of maximum employment and price
stability is "still a ways off."
• According to the Office for National Statistics, U.K. payroll employment
increased sharply by 356,000 to 28.9 million in Jun 2021. The easing of
several coronavirus regulations aided firms in expanding their operations,
resulting in a considerable increase in employment in the U.K. in Jun.
Markets for You
