Global Indices
Global Indices 16-Jun Prev_Day Abs. Change
% Change
Russell 3000 2,109 2,116 -8 -0.36
Nasdaq 14,040 14,073 -33 -0.24
FTSE 7,185 7,172 12 0.17
Nikkei 29,291 29,441 -150 -0.51
Hang Seng 28,437 28,639 -202 -0.70
Indian Indices 16-Jun Prev_Day Abs. Change
% Change
S&P BSE Sensex 52,502 52,773 -271 -0.51
Nifty 50 15,768 15,869 -102 -0.64
Nifty 100 16,026 16,137 -111 -0.69
Nifty 500 13,511 13,608 -97 -0.71
Nifty Bank 35,004 35,248 -244 -0.69
S&P BSE Power 2,910 2,949 -39 -1.33
S&P BSE Small Cap 25,015 25,186 -171 -0.68
S&P BSE HC 25,166 25,324 -158 -0.62
Date P/E Div. Yield P/E Div. Yield
16-Jun 32.90 0.95 29.24 1.20
Month Ago 31.03 0.87 29.79 1.00
Year Ago 21.32 1.10 24.31 1.54
Nifty 50 Top 3 Gainers
Company 16-Jun Prev_Day
% Change
NTPC 120 118 1.70
Nestle India Limited 17965 17685 1.59
ONGC 127 125 1.08
Nifty 50 Top 3 Losers Domestic News
Company 16-Jun Prev_Day
% Change
Adani Ports & SEZ 707 762 -7.24
Tata Steel 1142 1174 -2.74
JSW Steel 705 725 -2.72
Advance Decline Ratio
BSE NSE
Advances 1394 726
Declines 1837 1291
Unchanged 124 51
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 60240
MF Flows** -19245
*16
th
Jun 2021; **10
th
Jun 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
6.30%
(May-21)
6.27%
(May-20)
IIP
134.40%
(Apr-21)
-57.30%
(Apr-20)
GDP
1.60%
(Mar-21)
3.00%
(Mar-20)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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
-0.60%
(Jan-21)
0.40%
(Dec-20)
Quarter Ago
Inflow/Outflow
-20
680
5.03%
(Feb-21)
• The Indian stock market fell as investors remained on sidelines ahead of the
outcome of the U.S. Federal Reserve policy meeting due later in the day.
Investors also awaited comments on inflation and stimulus outlook.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.51% and 0.64%
to close at 52,501.98 and 15,767.55 respectively.
• The overall market breadth on BSE was weak with 1,394 scrips advancing
and 1,837 scrips declining. A total of 124 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE FMCG was the major gainer, up 0.45%
followed by S&P BSE IT, up 0.27% and S&P BSE Teck, up 0.1%. S&P BSE
Metal was the major loser, down 2.58% followed by S&P BSE Industrials,
down 1.62% and S&P BSE Energy, down 1.43%.
• Sebi has removed the minimum vesting period requirement for ESOP in the
event of death of an employee. The measure, according to the regulator, is
intended to provide relief to the relatives of deceased employees of
publicly traded companies in the wake of the Covid-19 outbreak. All such
employees who died on or after Apr 1, 2020 would be eligible for this relief.
• According to a state-run bank, the Reserve Bank of India (RBI) is expected
to retain status quo in its Aug 2021 monetary policy review with retail
inflation increasing significant in May 2021. As per the report, due to a
number of global and domestic variables, inflation may continue to rise in
the coming months.
• As per media reports, India is considering granting financial incentives of up
to Rs 500 billion ($6.8 billion) to improve health-care facilities in the country
devastated by the coronavirus outbreak. The scheme will allow enterprises
to access financing for expanding hospital capacity or medical supplies with
the government acting as a guarantor, citing rules. In smaller towns, the
focus is likely to be on strengthening Covid-19-related health infrastructure.
• According to the Chemicals and Fertilizers Minister, the Union Cabinet has
approved the proposal of the Department of Fertilizers for fixation of
'Nutrient Based Subsidy Rates' for Phosphatic and Potassic (P&K) Fertilizers
for FY22.
• Jubilant FoodWorks reported rise in its consolidated net profit to Rs.
105.30 crore for the quarter ended Mar 2021 as against net profit of Rs.
32.53 crore in the quarter ended Mar 2020. Profit growth was led by a low
base and momentum in delivery sales. The firm's revenue from operations
rose 14.21% to Rs. 1,037.85 crore in quarter ended Mar 2021 from Rs.
908.75 crore in the corresponding period a year ago.
• As per media reports, Kirloskar Brothers Limited (KBL) has established the
Advanced Technological Product Division (ATPD) in Maharashtra to
manufacture high-end technology goods, especially for nuclear
applications. The company, on the other hand, did not reveal the
investment's specifics.
• Asian market closed in negative territory as investors stayed away from
huge bets ahead of the U.S. Federal Reserve's interest rate decision later in
the day. Investors are also awaiting comments on inflation and stimulus
outlook. In addition, delays due by COVID-19 breakouts slowed China's
industry output growth in May 2021 also weighed on market sentiments.
Today (as on June 17), Asian markets opened lower following overnight
losses on the Wall Street overnight. Both Nikkei and Hang Seng fell 1.03%
and 1.39%, respectively (as at 8 a.m. IST).
• European markets rose marginally ahead to the U.S. Federal Reserve's (Fed)
monetary policy announcement for clues on inflation and growth outlook,
and hints about any possibility of tapering of asset buying programs.
• U.S. markets fell after the U.S. Fed in its policy review gave latest economic
projections, which point to a rise in interest rates to 0.6% in 2023.
Markets for You
FII Derivative Trade Statistics 16-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 2530.17 2541.54 11931.75
Index Options 303948.88 304543.67 103148.70
Stock Futures 15972.80 15220.16 114756.86
Stock Options 20724.88 20775.91 27791.00
Total 343176.73 343081.28 257628.31
16-Jun Prev_Day
Change
Put Call Ratio (OI) 1.12 1.42 -0.29
Put Call Ratio(Vol) 0.96 1.13 -0.17
16-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.20% 3.12% 3.27% 3.58%
T-Repo 3.26% 3.21% 3.28% 2.95%
Repo 4.00% 4.00% 4.00% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 3.46% 3.39% 3.36% 3.29%
364 Day T-Bill 3.84% 3.74% 3.70% 3.52%
10 Year Gilt 6.05% 6.02% 5.99% 5.85%
G-Sec Vol. (Rs.Cr) 34471 36216 32217 32367
FBIL MIBOR 3.38% 3.37% 3.38% 3.93%
3 Month CP Rate 3.64% 3.62% 3.60% 4.20%
5 Year Corp Bond 6.41% 6.23% 6.28% 6.85%
1 Month CD Rate 3.43% 3.33% 3.35% 3.26%
3 Month CD Rate 3.48% 3.43% 3.38% 3.41%
1 Year CD Rate 4.02% 4.00% 4.14% 4.15%
Currency 16-Jun Prev_Day
Change
USD/INR 73.37 73.28 0.09
GBP/INR 103.38 103.42 -0.04
EURO/INR 88.98 88.92 0.06
JPY/INR 0.67 0.67 0.00
Commodity 16-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 71.98 69.85 65.27 38.21
Brent Crude($/bl) 74.51 71.06 69.85 40.69
Gold( $/oz) 1812 1888 1842 1727
Gold(Rs./10 gm) 48217 48736 47569 47374
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
17 June 2021
Derivative Statistics- Nifty Options
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• Nifty Jun 2021 Futures stood at 15,790.20, a premium of 22.65 points
above the spot closing of 15,767.55. The turnover on NSE’s Futures and
Options segment rose to Rs.44,28,511.46 crore on June 16, 2021,
compared with Rs.30,42,116.94 crore on June 15, 2021.
• The Put-Call ratio stood at 0.95 compared with the previous session’s close
of 0.88.
• The Nifty Put-Call ratio stood at 1.12 compared with the previous session’s
close of 1.42.
• Open interest on Nifty Futures stood at 12.17 million, compared with the
previous session’s close of 13.52 million.
• Bond yields rose as a global crude oil prices surged heightened concerns
over inflation that recently breached the Reserve Bank of India’s tolerance
ceiling.
• Yield on the 10-year benchmark paper (5.85% GS 2030) rose 1 bps to close
at 6.05% from the previous close of 6.04% after moving in range of 6.04%
to 6.07%.
• 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. 99.1425 (YTM: 3.4692%), Rs. 98.1900 (YTM: 3.6969%)
and Rs. 96.3001 (YTM: 3.8526%), respectively.
• Data from RBI showed that reserve money grew 17.4% on a yearly basis for
the week ended Jun 11, 2021 compared to an increase of 11.5% in the same
period of the previous year. The currency in circulation grew 12.5% on a
yearly basis for the week ended Jun 11, 2021 compared to an increase of
19.8% in the same period of the previous year.
• The Indian rupee was almost steady against the U.S. dollar as market
participants awaited the U.S. Federal Reserve’s (Fed) likely direction of
interest rates.
• Euro plunged against the U.S. dollar after the U.S. Fed in its policy review
gave latest economic projections, which point to a rise in interest rates to
0.6% in 2023.
• Gold prices fell after the U.S. Federal Reserve raised its inflation
expectations.
• Brent crude prices rose after crude inventories in U.S. fell by 7.4 million
barrels in the week ended Jun 11, 2021.
• The U.S. Federal Reserve in its monetary policy announcement kept its
interest rates unchanged at 0 to 0.25%. Also the statement was largely
unchanged from the previous meeting, the central bank's latest projections
show an increase in interest rates to 0.6% in 2023. Seven officials expect a
rate hike as soon as 2022.
• According to the Office for National Statistics, U.K.’s consumer price
inflation rose 2.1% in May 2021 from 1.5% in Apr 2021. U.K. consumer price
inflation exceeded the Reserve Bank of India’s 2% target for the first time in
nearly two years in May 2021.
• According to the National Bureau of Statistics, China’s industrial profits rose
8.8% YoY in May 2021 as against 9.8% rise in Apr 2021.
Markets for You
