Global Indices
Global Indices 08-Jun Prev_Day Abs. Change
% Change
Russell 3000 2,085 2,081 4 0.19
Nasdaq 13,925 13,882 43 0.31
FTSE 7,095 7,077 18 0.25
Nikkei 28,964 29,019 -56 -0.19
Hang Seng 28,781 28,787 -6 -0.02
Indian Indices 08-Jun Prev_Day Abs. Change
% Change
S&P BSE Sensex 52,276 52,329 -53 -0.10
Nifty 50 15,740 15,752 -12 -0.07
Nifty 100 16,017 16,019 -1 -0.01
Nifty 500 13,497 13,480 17 0.13
Nifty Bank 35,085 35,444 -358 -1.01
S&P BSE Power 2,985 2,963 22 0.74
S&P BSE Small Cap 24,827 24,597 229 0.93
S&P BSE HC 25,056 24,804 252 1.02
Date P/E Div. Yield P/E Div. Yield
8-Jun 32.13 0.95 29.19 1.07
Month Ago 31.41 0.84 30.23 0.99
Year Ago 21.68 1.10 23.97 1.50
Nifty 50 Top 3 Gainers
Company 08-Jun Prev_Day
% Change
Tech Mahindra 1058 1034 2.26
Tata Motors 353 346 2.10
Bharti Airtel 547 536 1.93
Nifty 50 Top 3 Losers Domestic News
Company 08-Jun Prev_Day
% Change
Hindalco 388 395 -1.84
Tata Steel 1111 1129 -1.56
HDFC Ltd. 2555 2586 -1.21
Advance Decline Ratio
BSE NSE
Advances 1802 1059
Declines 1407 915
Unchanged 135 65
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 52769
MF Flows** -18872
*8
th
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.
09 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
161
4.06%
(Jan-21)
• The Indian stock market initially rose after the government announced that
all adults will receive free COVID-19 vaccines, bolstering investor confidence
as portions of the country eased restrictions. However, the trend reversed
as investors became concerned about high valuations and growing global
inflation ahead of central bank meetings. Investors are also awaiting U.S.
inflation data for May 2021 due later this week for clarity on tapering of
policy support from the U.S. Federal Reserve.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.1% and 0.07% to
close at 52,275.57 and 15,740.10 respectively.
• The overall market breadth on BSE was strong with 1,802 scrips advancing
and 1,407 scrips declining. A total of 135 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 1.72%
followed by S&P BSE IT, up 1.41% and S&P BSE Teck, up 1.34%. S&P BSE
Metal was the major loser, down 1.38% followed by S&P BSE Bankex, down
0.96% and S&P BSE Finance, down 0.68%.
• The World Bank has lowered its forecast for India's gross domestic product
(GDP) to 8.3% for FY22, down from 10.1% previously. It also forecasts India's
growth to be 7.5% in 2022, despite the country's recovery being delayed by
an extraordinary second wave of the Covid-19, the world's greatest
epidemic since the fatal epidemic began.
• The Reserve Bank of India has instructed banks to save CCTV recordings of
their branches and cash chests from Nov 8, 2016 to Dec 30,2016, or until
further directives, in order to help law enforcement agencies prosecute
people who engaged in criminal acts during the demonetisation period.
• A major rating agency has lowered its FY22 growth forecast for India to
9.5% from 11% previously due to the impact of the second wave of COVID-
19 on private consumption and investments. The rating agency has joined
other analysts in lowering their FY22 growth forecasts, with some putting it
as low as 7.9%. In FY21, the economy shrank 7.3%. The agency also stated
that it expects COVID-19 limitations to persist and that mobility will be
hampered in some way until Aug 2021, and that the rate of recovery will be
determined by how the vaccination effort proceeds in the next months.
• According to Nomura, the Nomura India Business Resumption Index (NIBRI)
rose to 69.7 for the week ended Jun 6, 2021 from 62.9 a week earlier and
representing a 9.5% points improvement from 60.2 recorded in May 2021-
end.
• Tata Consultancy Services (TCS) announced that it will become the title
partner of the London Marathon starting 2022, following this year’s race on
Oct 03.
• Jindal Steel and Power Ltd reported 31% YoY rise in its steel production to
13.71 lakh tonnes in Apr 2021 and May 2021. The production totalled 6.81
lakh tonnes in Apr and 6.9 lakh tonnes in May as against 10.44 lakh tonnes in
the same period last year.
• Asian market fell as investors awaited U.S. inflation data for May 2021 which
is scheduled to be released on Jun 10, 2021 for more indications about the
U.S. Federal Reserve’s policy outlook. Investors were also cautious ahead of
European Central Bank meeting which is also scheduled later this week.
Today (as on Jun 9), markets are trading mixed ahead of Chinese inflation
data expected later in the day. While Nikkei is down 0.30%, Hang Seng is
trading flat (as at 8:00 AMIST).
• Most of the European markets went up after revised euro zone growth data
showed that the region’s economy contracted by much less than expected
in the first quarter of 2021.
• U.S. markets closed on a flattish note with Nasdaq witnessing modest gains
as investors refrained from making significant moves and choosing to wait
for the consumer inflation data, due later in the week.
Markets for You
FII Derivative Trade Statistics 08-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 2619.86 2104.86 13286.16
Index Options 260340.70 257776.92 104195.33
Stock Futures 16071.00 16824.93 110526.20
Stock Options 18175.48 18175.17 21132.38
Total 297207.04 294881.88 249140.07
08-Jun Prev_Day
Change
Put Call Ratio (OI) 1.30 1.41 -0.11
Put Call Ratio(Vol) 0.93 0.93 0.01
08-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.09% 3.12% 3.22% 3.54%
T-Repo 3.18% 3.23% 3.28% 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 3.39% 3.39% 3.34% 3.43%
364 Day T-Bill 3.70% 3.45% 3.71% 3.42%
10 Year Gilt 6.01% 6.02% 6.02% 5.81%
G-Sec Vol. (Rs.Cr) 36216 13858 29531 20618
FBIL MIBOR 3.37% 3.39% 3.45% 3.97%
3 Month CP Rate 3.62% 3.62% 3.55% 4.30%
5 Year Corp Bond 6.23% 6.34% 6.25% 6.86%
1 Month CD Rate 3.37% 3.33% 3.38% 3.28%
3 Month CD Rate 3.42% 3.42% 3.35% 3.52%
1 Year CD Rate 3.99% 4.10% 4.13% 4.01%
Currency 08-Jun Prev_Day
Change
USD/INR 72.84 72.81 0.03
GBP/INR 103.13 102.79 0.34
EURO/INR 88.72 88.51 0.21
JPY/INR 0.67 0.66 0.00
Commodity 08-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 70.06 67.75 64.91 38.12
Brent Crude($/bl) 70.46 69.82 69.46 40.26
Gold( $/oz) 1893 1900 1830 1695
Gold(Rs./10 gm) 48857 49173 47569 46264
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
09 June 2021
Derivative Statistics- Nifty Options
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• Nifty Jun 2021 Futures stood at 15,768.60, a premium of 28.50 points above
the spot closing of 15,740.10. The turnover on NSE’s Futures and Options
segment rose to Rs.33,89,576.35 crore on June 08, 2021, compared with
Rs.26,24,914.03 crore on June 07, 2021.
• The Put-Call ratio stood at 0.86 compared with the previous session’s close
of 0.78.
• The Nifty Put-Call ratio stood at 1.3 compared with the previous session’s
close of 1.41.
• Open interest on Nifty Futures stood at 11.83 million, compared with the
previous session’s close of 11.71 million.
• Bond yields fell for the second straight session on buying by market
participant ahead of the Reserve Bank of India’s purchases under
government securities acquisition programme next week.
• Yield on the 10-year benchmark paper (5.85% GS 2030) eased 1 bps to close
at 6.01% from the previous close of 6.02% after moving in a narrow range of
6.00% to 6.02%.
• Network 18 Media and Investments plans to raise funds selling commercial
papers maturing in three months at a coupon of 3.53% and has received
commitments worth around Rs. 150 crore.
• Banks borrowed Rs. 52 crore under the central bank’s marginal standing
facility on June 07, 2021 compared with nil borrowing on June 04, 2021.
• The Indian rupee fell against the U.S. dollar amid importer covering and a
rebound in the U.S. dollar index.
• The euro fell marginally against the U.S dollar ahead of the European central
bank monetary policy review and after data showed that German industrial
production fell in Apr 2021.
• Gold prices fell as a stronger dollar dampened the appetite for the bullion.
• Brent crude prices remained at elevated levels amid reports that even if the
U.S. were to reach a nuclear deal with Iran, sanctions on the latter would
remain in place.
• According to data from the Eurostat, eurozone gross domestic product
(GDP) fell 0.3% sequentially in the quarter ended Mar 2021 following 0.6%
fall in quarter ended Dec 2021. On a yearly basis, GDP fell 1.3% in quarter
ended Mar 2021 as against 4.7% fall in the previous quarter.
• According to data from the Cabinet Office, Japan’s gross domestic product
(GDP) fell 3.9% YoY in the quarter ended Mar 2021 following 11.7% rise in
the previous quarter. On a quarterly basis, GDP fell 1% in quarter ended Mar
2021 following 2.8% increase in the previous quarter.
Markets for You
