Global Indices
Global Indices 27-Jul Prev_Day Abs. Change
% Change
Russell 3000 2,258 2,282 -23 -1.03
Nasdaq 14,661 14,841 -180 -1.21
FTSE 6,996 7,025 -29 -0.42
Nikkei 27,970 27,833 137 0.49
Hang Seng 25,086 26,192 -1,106 -4.22
Indian Indices 27-Jul Prev_Day Abs. Change
% Change
S&P BSE Sensex 52,579 52,852 -274 -0.52
Nifty 50 15,746 15,824 -78 -0.49
Nifty 100 16,011 16,094 -83 -0.52
Nifty 500 13,610 13,675 -65 -0.47
Nifty Bank 34,797 34,950 -152 -0.44
S&P BSE Power 2,627 2,668 -40 -1.51
S&P BSE Small Cap 26,485 26,515 -30 -0.11
S&P BSE HC 25,724 26,493 -769 -2.90
Date P/E Div. Yield P/E Div. Yield
27-Jul 31.12 1.04 27.45 1.14
Month Ago 32.31 1.02 29.21 1.21
Year Ago 25.42 1.02 29.18 1.44
Nifty 50 Top 3 Gainers
Company 27-Jul Prev_Day
% Change
Hindalco 417 400 4.32
SBI Life Insurance Company Limited
1105 1077 2.65
Tata Steel 1331 1298 2.52
Nifty 50 Top 3 Losers Domestic News
Company 27-Jul Prev_Day
% Change
Dr.Reddy 4843 5411 -10.49
Cipla 913 951 -3.94
Axis Bank 732 756 -3.25
Advance Decline Ratio
BSE NSE
Advances 1541 855
Declines 1733 1153
Unchanged 100 60
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 52219
MF Flows** -1596
*27
th
Jul 2021; **23
rd
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.
28 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
2057
-2220
5.52%
(Mar-21)
• Weak global cues dragged Indian equity markets to the negative territory
for the second consecutive day. Caution ahead of the crucial Fed Reserve
policy meeting stated this week kept investors on the sidelines. Market
participants are waiting to see how U.S. central bank balances price hike
with the complication of increased coronavirus infections.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.52% and 0.49%
to close at 52,578.76 and 15,746.45 respectively.
• The overall market breadth on BSE was weak with 1,541 scrips advancing
and 1,733 scrips declining. A total of 100 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 1.67%
followed by S&P BSE Consumer Durables, up 0.22% and S&P BSE Basic
Materials, up 0.12%. S&P BSE Healthcare was the major loser, down 2.9%
followed by S&P BSE Power, down 1.51% and S&P BSE Energy, down 0.95%.
• The Securities and Exchange Commission (SEBI) wants all private equity (PE)
and venture capital (VC) funds raising capital to hire investment banks. The
regulator wants a third-party mediator to review material in a fund's 'private
placement memorandum,' which is covered by capital market laws. Before
placing money into alternative investment funds, prospective investors
should read the PPM (AIFs).
• According to the Minister of State for Finance, increased tax collection in Q1
of FY22 indicates that the economy is on the recovery path. In Q1 of FY22,
net direct tax collection was over Rs. 2.46 lakh crore, compared to more
than Rs. 1.17 lakh crore in the same period of FY21. The resurgence of
economic activity and optimistic feeling among taxpayers during this fiscal
year have resulted in greater income projections and higher advance tax
payments in the first quarter of FY22 as compared to the same period in
FY21.
• According to a rating agency, the second wave of the Covid-19 pandemic
may have a longer-term impact on the Indian economy, and exports will
once again be the cornerstone for recovery. According to studies, social
separation is dragging on the current quarter, but the economy will restart
its rebound by the end of the year.
• Canara Bank's net profit rose 190% to Rs. 1,177 crore in the quarter ended
Jun 2021 as against net profit of Rs. 406 crore during the same quarter last
year. The increase in profit came amid improvement in non-interest income
and dip in provisions for bad loans.
• Adani Ports and Special Economic Zone Ltd (APSEZ) announced that it has
raised $750 million overseas via unsecured bonds.
• Asian markets witnessed a mixed trend with investors keenly awaiting the
outcome of this week's Federal Reserve meeting for any new hints about
when the U.S. central bank would pare back stimulus. Today (as on July 28),
Asian markets were trading on a mixed note. Overnight losses in the U.S.
equity market dampened sentiments. Investors continued to monitor shares
in Hong Kong following the recent sell off. While Nikkei fell 0.68%, Hang
Seng rose 1.08% (as at 8 a.m. IST).
• European markets went down amid worries over continued crackdown by
the Chinese government on the technology sector. Persisting concerns over
the impact of the surging delta variant of the coronavirus further
contributed to the downside.
• U.S. markets fell amid uncertainty ahead of the U.S. Federal Reserve's
monetary policy review which is due on Jul 28, 2021. Market participants
also awaited the quarterly earning numbers of some prominent technology
companies.
Markets for You
FII Derivative Trade Statistics 27-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 4574.19 4500.52 11938.19
Index Options 335972.79 339739.55 98827.31
Stock Futures 40296.50 39587.78 114078.97
Stock Options 21837.26 21672.21 23253.50
Total 402680.74 405500.06 248097.97
27-Jul Prev_Day
Change
Put Call Ratio (OI) 0.90 1.10 -0.20
Put Call Ratio(Vol) 0.92 1.05 -0.12
27-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.21% 3.20% 3.13% 3.48%
T-Repo 3.23% 3.25% 3.24% 3.12%
Repo 4.00% 4.00% 4.00% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 3.35% 3.42% 3.40% 3.27%
364 Day T-Bill 3.71% 3.77% 3.86% 3.33%
10 Year Gilt 6.18% 6.12% 6.03% 5.83%
G-Sec Vol. (Rs.Cr) 20248 34960 24753 35163
FBIL MIBOR 3.39% 3.39% 3.34% 3.85%
3 Month CP Rate 3.70% 3.75% 3.65% 3.65%
5 Year Corp Bond 6.38% 6.26% 6.49% 6.48%
1 Month CD Rate 3.43% 3.43% 3.47% 3.27%
3 Month CD Rate 3.41% 3.60% 3.60% 3.31%
1 Year CD Rate 4.05% 4.12% 4.03% 3.73%
Currency 27-Jul Prev_Day
Change
USD/INR 74.42 74.46 -0.04
GBP/INR 102.79 102.34 0.46
EURO/INR 87.78 87.70 0.08
JPY/INR 0.68 0.68 0.00
Commodity 27-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 71.63 67.27 74.16 41.41
Brent Crude($/bl) 75.76 70.54 77.30 43.11
Gold( $/oz) 1799 1810 1780 1942
Gold(Rs./10 gm) 47562 48033 46991 52260
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
28 July 2021
Derivative Statistics- Nifty Options
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material.
• Nifty Jul 2021 Futures stood at 15,734.65, a discount of 11.80 points below
the spot closing of 15,746.45. The turnover on NSE’s Futures and Options
segment rose to Rs. 48,40,683.51 crore on July 27, 2021, compared with Rs.
36,04,114.35 crore on July 26, 2021.
• The Put-Call ratio stood at 0.94 compared with the previous session’s close
of 0.93.
• The Nifty Put-Call ratio stood at 0.9 compared with the previous session’s
close of 1.1.
• Open interest on Nifty Futures stood at 10.78 million, compared with the
previous session’s close of 10.57 million.
• Bond yields rose following increase in global crude oil prices which weighed
on the market sentiment. Market participants also remained on the sidelines
as they awaited the outcome of the U.S. Federal Reserve monetary policy
review.
• Yield on the 10-year benchmark paper (6.10% GS 2031) rose 1 bps to close at
6.18% from the previous close 6.17% after moving in a range of 6.17% to
6.18%.
• Reserve Bank of India conducted the auction of state development loans of
Tamil Nadu, Uttar Pradesh and West Bengal for a notified amount of Rs.
7,000 crore for which the full amount was accepted. Tamil Nadu witnessed a
yield of 6.97% while Uttar Pradesh and West Bengal witnessed an yield of
6.99% each.
• Banks did not borrow under the central bank’s marginal standing facility on
May 26, 2021 compared to that of May 23, 2021 when banks borrowed Rs.
17 crore.
• The rupee in the spot trade weakened against the greenback following
losses in the domestic equity market. The rising number of coronavirus
infection cases in the Asian region also added to the losses.
• The euro rose against the greenback as the latter remained under pressure
with market participants awaiting the outcome of the U.S. Federal Reserve
monetary policy review.
• Gold prices inched up as investors became more cautious ahead of this
week's U.S. Fed meeting.
• Brent crude oil prices rose as signs of tight supply and improving vaccination
rates offset concerns over the global spread of the Delta variant coronavirus.
• According to the Commerce Department, U.S. durable goods orders rose
0.8% in Jun 2021 after rising by an upwardly revised 3.2% in May 2021.
• According to data from the Confederation of British Industry, U.K. retail sales
balance came in at 23% in Jul 2021 as against 25% in Jun 2021.
• According to the Bank of Japan, Japan’s services producer price index (PPI)
rose 1.4% YoY in Jun 2021as against 1.5% increase in May 2021. On a
monthly basis, the services PPI edged up 0.1% in Jun as against 0.1% fall in
May.
• According to the National Bureau of Statistics, China’s industrial profits rose
20% YoY in Jun 2021as against 36.4% rise in May 2021.
Markets for You
