Global Indices
Global Indices 02-Jun Prev_Day Abs. Change
% Change
Russell 3000 2,061 2,058 3 0.15
Nasdaq 13,756 13,736 20 0.14
FTSE 7,108 7,080 28 0.39
Nikkei 28,946 28,814 132 0.46
Hang Seng 29,298 29,468 -170 -0.58
Indian Indices 02-Jun Prev_Day Abs. Change
% Change
S&P BSE Sensex 51,849 51,935 -85 -0.16
Nifty 50 15,576 15,575 1 0.01
Nifty 100 15,832 15,789 43 0.27
Nifty 500 13,274 13,210 64 0.48
Nifty Bank 35,374 35,337 37 0.10
S&P BSE Power 2,867 2,816 51 1.80
S&P BSE Small Cap 23,826 23,523 303 1.29
S&P BSE HC 24,720 24,537 183 0.75
Date P/E Div. Yield P/E Div. Yield
2-Jun 31.15 0.87 28.88 1.06
Month Ago 32.10 0.82 32.21 1.00
Year Ago 21.63 1.11 23.31 1.53
Nifty 50 Top 3 Gainers
Company 02-Jun Prev_Day
% Change
United Phos 838 816 2.67
Tata Steel 1124 1101 2.10
SBI Life Insurance Company Limited
984 966 1.87
Nifty 50 Top 3 Losers Domestic News
Company 02-Jun Prev_Day
% Change
ITC 209 215 -2.90
Tech Mahindra 1017 1031 -1.31
Axis Bank 737 745 -1.09
Advance Decline Ratio
BSE NSE
Advances 2103 1375
Declines 1013 587
Unchanged 168 67
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 48815
MF Flows** -18872
*2
nd
Jun 2021; **1
st
Jun 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
4.29%
(Apr-21)
7.22%
(Apr-20)
IIP
22.40%
(Mar-21)
-18.70%
(Mar-20)
GDP
1.60%
(Mar-21)
3.00%
(Mar-20)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 June 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
2.20%
(Dec-20)
0.50%
(Dec-20)
Quarter Ago
Inflow/Outflow
62
524
4.06%
(Jan-21)
• Indian equity witnessed pressure with Sensex dipping marginally and Nifty
closing on a flat note. Investors remained on sidelines ahead of the MPC
policy meet, scheduled later during the week. They are widely anticipating
on MPC maintaining the status quo on policy rates and providing liquidity
amid inflationary pressures due to surge in commodity prices. Market
participants also continued to focus on the trend of daily COVID-19 cases.
• Key benchmark indices S&P BSE Sensex lost 0.16% and Nifty 50 gained
0.01% to close at 51,849.48 and 15,576.20 respectively.
• The overall market breadth on BSE was strong with 2,103 scrips advancing
and 1,013 scrips declining. A total of 168 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Power was the major gainer, up 1.8%
followed by S&P BSE Energy, up 1.76% and S&P BSE Auto, up 1.66%. S&P
BSE Teck was the major loser, down 0.56% followed by S&P BSE IT, down
0.54% and S&P BSE FMCG, down 0.46%.
• As per preliminary data, India’s merchandise exports rose 67.39% to USD
32.21 billion in May 2021 from USD 19.24 billion in May 2020. India’s
merchandise imports rose 68.54% to USD 38.53 billion in May 2021 from
USD 22.86 billion in May 2020.
• As per media reports, the Monetary Policy Committee (MPC) of the Reserve
Bank of India began its three-day deliberations on Jun 2,2021, amid
expectations of a status quo on the benchmark rate, owing to uncertainties
over the effects of the second wave of the COVID-19 pandemic.
Furthermore, concerns about rising inflation may prevent the MPC from
changing the interest rate in its bi-monthly monetary policy announcement
on Jun 4, 2021. At the last recent MPC meeting in April2021, the RBI kept
key interest rates steady.
• The Union Cabinet approved the Model Tenancy Act under which separate
rent authorities, courts, and tribunals would be established in districts to
protect the interests of both the landlord and the tenant. Tenants in
residential properties will be required to post a security deposit of no more
than two months' rent, while commercial tenants will be required to deposit
six months' rent. States and union territories can either introduce new
legislation or alter their existing rental rules to comply with the Model
Tenancy Act. All new tenancies must have a written agreement, which must
be presented to the involved district's 'Rent Authority.'
• Airtel Africa has announced the sale of Airtel Tanzania's tower portfolio for
about USD 175 million. The transaction is the group's latest strategic sale of
its tower network as it shifts its focus to an asset-light business model and
its core subscriber-facing businesses.
• Byju has teamed up with Google to help teachers and students maintain the
continuity of online learning. This collaboration between Google Workspace
for Education and Byju's will provide participating educational institutions
with a collaborative and personalised digital platform for classroom
organisation that will be offered for free.
• Asian markets largely closed in the red as recent flare-ups of coronavirus
infection in certain parts of China and likely measures by Chinese central
bank to halt speculative trading in yuan offset the positive sentiment
surrounding five-month high factory growth of the nation. The fall was
cushioned by higher than expected rebound in Australia’s economic growth
for the first quarter. Today (as on Jun 3), markets are largely trading higher
ahead of private survey results of Chinese service sector for May. Both
Nikkei and Hang Seng are up 0.40% and 0.14% (as at 8:00 AM IST),
respectively.
• European markets moved up ahead of upcoming reports including the
crucial U.S. jobs data.
• U.S. markets rose marginally, reflecting continued optimism about the
outlook for the global economy following upbeat manufacturing data.
Markets for You
FII Derivative Trade Statistics 02-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 4170.51 3756.69 13431.23
Index Options 399942.23 401815.66 104581.15
Stock Futures 12864.16 12649.33 111042.94
Stock Options 13540.33 13854.87 12997.61
Total 430517.23 432076.55 242052.93
02-Jun Prev_Day
Change
Put Call Ratio (OI) 1.27 1.32 -0.05
Put Call Ratio(Vol) 0.93 0.99 -0.06
02-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.12% 3.20% 3.21% 3.53%
T-Repo 3.23% 3.27% 3.25% 3.15%
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% 3.39% 3.30% 3.25%
364 Day T-Bill 3.73% 3.73% 3.71% 3.44%
10 Year Gilt 6.01% 5.97% 6.03% 5.79%
G-Sec Vol. (Rs.Cr) 18479 28665 44823 37127
FBIL MIBOR 3.39% 3.40% 3.43% 4.04%
3 Month CP Rate 3.62% 3.62% 3.50% 4.35%
5 Year Corp Bond 6.32% 6.20% 6.26% 6.78%
1 Month CD Rate 3.33% 3.49% 3.25% 3.35%
3 Month CD Rate 3.44% 3.41% 3.31% 3.47%
1 Year CD Rate 4.17% 4.16% 3.90% 4.02%
Currency 02-Jun Prev_Day
Change
USD/INR 73.21 72.77 0.44
GBP/INR 103.63 103.49 0.14
EURO/INR 89.42 88.96 0.47
JPY/INR 0.67 0.66 0.00
Commodity 02-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 68.74 66.36 63.45 36.83
Brent Crude($/bl) 69.92 69.77 68.33 36.87
Gold( $/oz) 1908 1896 1769 1727
Gold(Rs./10 gm) 49049 49051 47569 40989
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
03 June 2021
Derivative Statistics- Nifty Options
Disclaimer:
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material.
• Nifty Jun 2021 Futures stood at 15,616.75, a premium of 40.55 points above
the spot closing of 15,576.20. The turnover on NSE’s Futures and Options
segment rose to Rs. 43,28,023.26 crore on June 02, 2021, compared with Rs.
39,32,625.77 crore on June 01, 2021.
• The Put-Call ratio stood at 0.84 compared with the previous session’s close
of 0.89.
• The Nifty Put-Call ratio stood at 1.27 compared with the previous session’s
close of 1.32.
• Open interest on Nifty Futures stood at 10.96 million, compared with the
previous session’s close of 11.58 million.
• Bond yields eased as market participants expected for a bond-supportive
commentary from the Monetary Policy Committee, whose meeting ends on
4 Jun 2021.
• Yield on the 10-year benchmark paper (5.85% GS 2030) eased 1 bps to close
at 6.01% from the previous close of 6.00% after moving in a narrow range of
6.01% to 6.02%.
• RBI conducted the auction of 91 days, 182 days and 364 days Treasury Bills
for an aggregate amount of Rs. 36,000 crore for which the cut off price (cut
off yield) stood at Rs. 99.1564 (YTM: 3.4125%), Rs. 98.2131 (YTM: 3.6488%)
and Rs. 96.4019 (YTM: 3.7426%), respectively.
• L&T Finance plans to raise funds selling commercial papers maturing in five
months at a coupon of 4.05% and has received bids worth around Rs. 100
crore.
• The Indian rupee declined for third consecutive session against the U.S.
dollar due to oil-related greenback buying by importers along with a sharp
rebound in the U.S. dollar index.
• Euro eased against the U.S. dollar as a pickup in U.S. manufacturing kept
expectations alive for a faster normalisation of the U.S. Federal Reserve
policy.
• Gold prices went up as U.S. Treasury yields eased. Further, investors
refrained from taking riskier bets ahead of key economic data, scheduled
later this week .
• Brent crude prices rose as OPEC and its allies agreed on a gradual easing of
supply curbs through Jul amid expectation of recovery of demand.
• According to data from Destatis, Germany’s retail sales fell 5.5% MoM in Apr
2021 as against 7.7% rise in Mar 2021. On a yearly basis, growth in retail sales
fell 4.4% in Apr from 11.6% in Mar.
• According to data from Bank of England, U.K. mortgage approvals rose
moderately to 86,921 in Apr 2021 from 83,402 in Mar 2021. Net mortgage
borrowing fell to GBP 3.3 billion in Apr 2021 from GBP 11.5 billion in Mar
2021.
Markets for You
