Global Indices
Global Indices 16-Jul Prev_Day Abs. Change
% Change
Russell 3000 2,208 2,222 -15 -0.67
Nasdaq 14,427 14,543 -116 -0.80
FTSE 7,008 7,012 -4 -0.06
Nikkei 28,003 28,279 -276 -0.98
Hang Seng 28,005 27,996 8 0.03
Indian Indices 16-Jul Prev_Day Abs. Change
% Change
S&P BSE Sensex 53,140 53,159 -19 -0.04
Nifty 50 15,923 15,924 -1 -0.01
Nifty 100 16,172 16,160 12 0.07
Nifty 500 13,742 13,720 22 0.16
Nifty Bank 35,752 35,908 -156 -0.43
S&P BSE Power 2,722 2,708 14 0.52
S&P BSE Small Cap 26,462 26,363 100 0.38
S&P BSE HC 26,307 26,015 292 1.12
Date P/E Div. Yield P/E Div. Yield
16-Jul 32.01 1.02 28.53 1.09
Month Ago 32.90 0.95 29.24 1.20
Year Ago 24.34 1.06 28.19 1.49
Nifty 50 Top 3 Gainers
Company 16-Jul Prev_Day
% Change
Divi's Lab 4758 4607 3.26
Bharti Airtel 541 525 2.99
Ultratech Cem 7335 7190 2.02
Nifty 50 Top 3 Losers Domestic News
Company 16-Jul Prev_Day
% Change
HCL Tech 1005 1040 -3.34
NA 2617 2668 -1.88
Bajaj Finserv Limited 12746 12959 -1.65
Advance Decline Ratio
BSE NSE
Advances 1724 1007
Declines 1485 975
Unchanged 140 69
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 55828
MF Flows** -9072
*16
th
Jul 2021; **13
th
Jul 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
6.26%
(Jun-21)
6.23%
(Jun-20)
IIP
29.30%
(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.
19 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
383
5.52%
(Mar-21)
• Indian equity markets commenced the session on a positive note but soon
gave up the gains to close flat. The profit-booking at higher levels, triggered
by selling pressure in information technology and select financial shares,
neutralised initial positive cues generated from dovish comments by the U.S.
Fed Chief. Investors also remained on the sidelines due to the global
markets’ mixed trajectory.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.04% and 0.01%
to close at 53,140.06 and 15,923.40 respectively.
• The overall market breadth on BSE was strong with 1,724 scrips advancing
and 1,485 scrips declining. A total of 140 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 2.47%
followed by S&P BSE Realty, up 1.27% and S&P BSE Metal, up 1.2%. S&P BSE
IT was the major loser, down 0.99% followed by S&P BSE Teck, down 0.73%
and S&P BSE Bankex, down 0.47%.
• Government data showed that India’s trade deficit widened to $9.37 billion
in Jun 2021 from $0.79 billion in Jun 2020 which corresponds to decrease of
1281.86%. Exports grew 48.34% on a yearly basis to $32.5 billion in Jun
2021 from $21.91 billion in the same period of the previous year. Imports
rose 98.31% over the year to $41.87 billion in Jun 2021 from $21.11 billion
in the same period of the previous year. Oil imports in Jun 2021 stood at
$10.68 billion which was higher by 116.51% in dollar terms compared to Jun
2020. Non-oil imports were estimated at $31.20 billion in Jun 2021 which
was 92.77% higher in dollar terms compared to the same period of the
previous year.
• According to the Chief Economic Advisor, the country's economy will begin
to develop at a rate of 6.5% to 7% from FY23 onwards, owing to the
reforms implemented by the administration thus far, as well as the progress
of the Covid-19 immunisation push. He does not believe the second wave
will have a substantial impact.
• As per media reports, India and Bangladesh have reaffirmed their
commitment to deepening their collaboration and extending diverse
cooperation, as well as the importance of resuming work on different
collaborative mechanisms as soon as the Covid situation in both countries
improves.
• The new Oil Minister has expressed his concern to OPEC countries about
rising oil prices, which are threatening to derail the fragile economic
recovery following the catastrophic pandemic.
• HDFC Asset Management Company (AMC) posted 14% rise in profit after
tax to Rs. 345.45 crore for quarter ended Jun 2021 as against profit after
tax of Rs. 302.36 crore in the same quarter preceding fiscal.
• Bharti Airtel and Cisco announced the availability of enterprise connectivity
solutions based on Cisco's software-defined wide area network technology.
Enterprises will be able to design, instal, configure, migrate, and manage
their wide area network (WAN) infrastructure as a result of the cooperation.
• Asian markets witnessed mixed trend after the Bank of Japan held steady
on monetary policy but downgraded Japan’s real GDP growth forecast to
3.8% for 2021, compared with the 4% growth forecast made in Apr.
Meanwhile, buying interest found some support from investor’s optimism
over a combination of soothing comments on inflation from U.S. Federal
Reserve Chair and U.S. Treasury Secretary. Today (as on July 19), Asian
markets opened on a lower note as investors watched oil prices after OPEC
and its allies reached a deal. Both Nikkei and Hang Seng fell 1.29% and
1.05%, respectively (as at 8 a.m. IST).
• European markets went down as worries about rising inflation in several
countries, and the surge in coronavirus variants weighed on investor
sentiments.
• U.S. markets closed in the red after a report from the University of Michigan
showed an unexpected slump in consumer sentiment in Jul amid concerns
about inflation.
Markets for You
FII Derivative Trade Statistics 16-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 3349.44 2643.92 11749.73
Index Options 763407.61 760891.74 73251.53
Stock Futures 11418.40 11264.42 112973.37
Stock Options 16458.23 16469.16 24075.23
Total 794633.68 791269.24 222049.86
16-Jul Prev_Day
Change
Put Call Ratio (OI) 1.24 1.29 -0.06
Put Call Ratio(Vol) 1.03 1.06 -0.03
16-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.17% 3.17% 3.20% 3.53%
T-Repo 3.24% 3.19% 3.26% 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 3.42% 3.37% 3.46% 3.21%
364 Day T-Bill 3.52% 3.75% 3.84% 3.36%
10 Year Gilt 6.21% 6.19% 6.05% 5.81%
G-Sec Vol. (Rs.Cr) 31450 30919 34471 28108
FBIL MIBOR 3.39% 3.38% 3.38% 3.88%
3 Month CP Rate 3.75% 3.80% 3.64% 3.70%
5 Year Corp Bond 6.34% 6.37% 6.41% 6.28%
1 Month CD Rate 3.48% 3.52% 3.43% 3.22%
3 Month CD Rate 3.58% 3.58% 3.48% 3.28%
1 Year CD Rate 4.12% 4.18% 4.02% 3.76%
Currency 16-Jul Prev_Day
Change
USD/INR 74.62 74.52 0.10
GBP/INR 103.14 103.30 -0.16
EURO/INR 88.11 88.22 -0.11
JPY/INR 0.68 0.68 0.00
Commodity 16-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 71.71 74.51 71.98 40.69
Brent Crude($/bl) 75.48 78.30 74.51 44.74
Gold( $/oz) 1811 1808 1812 1797
Gold(Rs./10 gm) 48182 47723 48217 49077
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
19 July 2021
Derivative Statistics- Nifty Options
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material.
• Nifty Jul 2021 Futures stood at 15,936.00, a premium of 12.60 points above
the spot closing of 15,923.40. The turnover on NSE’s Futures and Options
segment rose to Rs.28,26,422.40 crore on July 16, 2021, compared with Rs.
93,17,900.34 crore on July 15, 2021.
• The Put-Call ratio stood at 0.92 compared with the previous session’s close
of 0.95.
• The Nifty Put-Call ratio stood at 1.24 compared with the previous session’s
close of 1.29.
• Open interest on Nifty Futures stood at 10.57 million, compared with the
previous session’s close of 10.83 million.
• Bond yields rose as the weekly debt auction led to fresh supply of debt.
Market sentiments were further dampened after the Reserve Bank of India
(RBI) bank did not include liquid notes at debt purchase next week. However,
further losses were restricted after the Indian government kept its
borrowing plan for the first half of the fiscal year unchanged.
• Yield on the 10-year benchmark paper (6.10% GS 2031) inched up 1 bps to
close at 6.13% from the previous close 6.12% after moving in a range of
6.11% to 6.13%.
• Data from RBI showed that India's foreign exchange reserves rose for a third
straight week to a record high of $611.90 billion as on Jul 9, 2021 from
$610.01 billion in the previous week.
• RBI announced the auction of government securities for seven states for a
notified amount of Rs. 9.700 crore. The auction would be conducted on Jul
19, 2021.
• The rupee in the spot trade fell marginally against the U.S. dollar as the
domestic equity market remain muted. Month end dollar demand from
importers also weighed on the market sentiment.
• The euro fell against the greenback as the latter found support after retail
sales in U.S. increased in Jun 2021 which led to expectations that the U.S.
economic growth accelerated in the second quarter of 2021.
• Gold prices dipped as there is marginal rebound in U.S. bond yields and a
stronger U.S. dollar. Nonetheless, the Federal Reserve's dovish comments on
monetary policy provided underlying support to the precious metal.
• The Bank of Japan has opted to maintain its monetary stimulus and has laid
out the framework for a new programme to help climate change initiatives,
in which the central bank wants to give long-term loans at zero percent
interest. The central bank also decreased its near-term growth prediction,
citing the impact of the coronavirus outbreak, while raising its inflation
forecast for FY21.
• According to the Commerce Department, U.S. retail sales rose 0.6% in Jun
2021 after plunging by a revised 1.7% in May 2021.
• According to data from Eurostat, eurozone inflation fell 1.9% in Jun 2021
from 2% in May 2021. On a monthly basis, the harmonized index of
consumer prices gained 0.3% in Jun.
Markets for You
