Global Indices 17-Jun Prev_Day Abs. Change
Russell 3000 2,133 2,109 25 1.17
Nasdaq 14,161 14,040 122 0.87
FTSE 7,153 7,185 -32 -0.44
Nikkei 29,018 29,291 -273 -0.93
Hang Seng 28,559 28,437 122 0.43
Indian Indices 17-Jun Prev_Day Abs. Change
S&P BSE Sensex 52,323 52,502 -179 -0.34
Nifty 50 15,691 15,768 -76 -0.48
Nifty 100 15,936 16,026 -89 -0.56
Nifty 500 13,425 13,511 -85 -0.63
Nifty Bank 34,605 35,004 -398 -1.14
S&P BSE Power 2,841 2,910 -69 -2.38
S&P BSE Small Cap 24,869 25,015 -146 -0.58
S&P BSE HC 24,897 25,166 -269 -1.07
Date P/E Div. Yield P/E Div. Yield
17-Jun 32.56 0.96 29.10 1.24
Month Ago 31.43 0.86 30.20 0.98
Year Ago 21.21 1.10 24.59 1.54
Nifty 50 Top 3 Gainers
Company 17-Jun Prev_Day
Ultratech Cem 6705 6587 1.78
Asian Paints 3060 3019 1.38
TCS 3318 3274 1.33
Nifty 50 Top 3 Losers Domestic News
Company 17-Jun Prev_Day
Adani Ports & SEZ 647 707 -8.46
Tata Steel 1104 1142 -3.36
IndusInd Bank 984 1014 -2.92
Advance Decline Ratio
Advances 1358 687
Declines 1861 1324
Unchanged 141 48
Institutional Flows (Equity)
FII Flows* 59354
MF Flows** -19245
Jun 2021; **10
YoY(%) Current Year Ago
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI from 2010
• The Indian stock market fell amid weak global cues following comments by
U.S. Federal Reserve members indicating the central bank may start raising
interest rates in 2023, a year earlier than expected.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.34% and 0.48%
to close at 52,323.33 and 15,691.40 respectively.
• The overall market breadth on BSE was weak with 1,358 scrips advancing
and 1,861 scrips declining. A total of 141 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 0.86%
followed by S&P BSE Teck, up 0.58% and S&P BSE FMCG, up 0.06%. S&P BSE
Power was the major loser, down 2.38% followed by S&P BSE Metal, down
2.16% and S&P BSE Realty, down 1.76%.
• The Confederation of Indian Industry (CII) has recommended the
government to deliver a Rs. 3 trillion fiscal stimulus, as well as direct cash
transfers to boost domestic demand. The industry organisation also
requested that the Reserve Bank of India (RBI) balance sheet be expanded
to fulfil the pandemic's demand demands.
• According to the Confederation of Indian Industry (CII), India’s gross
domestic product (GDP) is expected to grow at 9.5% in FY22. As per CII,
substantial external demand and widespread vaccination coverage will
sustain strong growth in the second half of FY22, allowing economic
activity to resume.
• According to a research by the Reserve Bank of India, India's record foreign
exchange reserves of more than USD 600 billion may not be enough, since
it falls short on several parameters such as import cover and liabilities
• According to a major credit rating agency, global inflation patterns, as well
as associated issues around interest rates and exchange rates, may have
direct sovereign credit consequences. A major challenge for government
debt sustainability, according to the agency, is how inflation would effect
debt-to-GDP ratios. As a result of the coronavirus pandemic, worldwide
government debt has increased, making sovereign creditworthiness more
sensitive to interest rate swings. In many nations, base effects, increased
commodity prices, idiosyncratic effects of sectoral reopenings, and supply-
side disruption due to pandemics are all contributing to greater inflation.
• Wipro’s subsidiary, Wipro IT Services, will issue U.S. dollar denominated
notes for USD 750 million on Jun 23, 2021. The notes' net proceeds, which
will be traded on the Singapore Exchange Securities Trading Ltd, will be
used to refinance existing debt and for general company purposes.
• Asian market witnessed mixed trend during the session. Investors reacted
negatively after U.S. Federal Reserve indicated that interest rates will rise
sooner than expected. While indications of U.S. economic growth and more
policy support from Beijing boosted Hang Seng market. Today (as on June
18), Asian markets opened on a mixed note following similar trend on the
Wall Street overnight. Both Nikkei and Hang Seng rose 0.37% and 0.05%,
respectively (as at 8 a.m. IST).
• European markets showed a mixed trend as market participants were
reluctant to make significant moves after the U.S. Federal Reserve (Fed)
said it expects interest rates will be hiked in 2023, a year earlier than
• U.S. markets witness a mixed performance as investors sold cyclicals stocks
and bought technology stocks after announcement from the U.S. Fed about
two rate hikes in 2023.