Global Indices
Global Indices 17-Jun Prev_Day Abs. Change
% 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
% 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
% Change
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
% Change
Adani Ports & SEZ 647 707 -8.46
Tata Steel 1104 1142 -3.36
IndusInd Bank 984 1014 -2.92
Advance Decline Ratio
BSE NSE
Advances 1358 687
Declines 1861 1324
Unchanged 141 48
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 59354
MF Flows** -19245
*17
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.
18 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
-886
5.03%
(Feb-21)
• 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
outflows.
• 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
expected.
• 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.
Markets for You
FII Derivative Trade Statistics 17-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 3161.13 3747.22 11317.20
Index Options 452454.53 450605.35 115191.79
Stock Futures 13040.16 13416.09 113935.60
Stock Options 21450.33 21631.26 27635.54
Total 490106.15 489399.92 268080.13
17-Jun Prev_Day
Change
Put Call Ratio (OI) 1.07 1.12 -0.05
Put Call Ratio(Vol) 0.89 0.96 -0.07
17-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.15% 3.09% 3.15% 3.55%
T-Repo 3.27% 3.23% 3.28% 2.90%
Repo 4.00% 4.00% 4.00% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 3.44% 3.38% 3.37% 3.25%
364 Day T-Bill 3.84% 3.73% 3.70% 3.55%
10 Year Gilt 6.02% 6.02% 5.97% 5.84%
G-Sec Vol. (Rs.Cr) 23003 27178 35162 21423
FBIL MIBOR 3.39% 3.38% 3.39% 3.93%
3 Month CP Rate 3.65% 3.62% 3.60% 4.20%
5 Year Corp Bond 6.41% 6.23% 6.24% 6.78%
1 Month CD Rate 3.44% 3.35% 3.43% 3.24%
3 Month CD Rate 3.48% 3.41% 3.37% 3.37%
1 Year CD Rate 4.06% 4.28% 4.13% 4.18%
Currency 17-Jun Prev_Day
Change
USD/INR 73.73 73.37 0.36
GBP/INR 103.12 103.38 -0.26
EURO/INR 88.36 88.98 -0.62
JPY/INR 0.67 0.67 0.00
Commodity 17-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 71.01 70.29 66.19 37.86
Brent Crude($/bl) 73.21 71.21 70.25 41.02
Gold( $/oz) 1773 1898 1866 1726
Gold(Rs./10 gm) 47393 48634 47569 47202
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
18 June 2021
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third party sources
and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since Nippon Life India Asset
Management Limited (NAM India) has not independently verified the accuracy or authenticity of such information or data, or for that matter the reasonableness of the assumptions upon which such data and
information has been processed or arrive data; NAM India does not in any manner assures the accuracy or authenticity of such data and information. Some of the statements & assertions contained in these materials
may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors,
employees, associates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based
upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or
solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the
readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective
directors, employees, associates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the
information contained in this material.
• Nifty Jun 2021 Futures stood at 15,692.15, a premium of 0.75 points above
the spot closing of 15,691.40. The turnover on NSE’s Futures and Options
segment rose to Rs.94,56,030.26 crore on June 17, 2021, compared with
Rs.44,28,511.46 crore on June 16, 2021.
• The Put-Call ratio stood at 0.9 compared with the previous session’s close of
0.95.
• The Nifty Put-Call ratio stood at 1.07 compared with the previous session’s
close of 1.12.
• Open interest on Nifty Futures stood at 11.61 million, compared with the
previous session’s close of 12.17 million.
• Bond yields fell as the Reserve Bank of India (RBI) bought a higher-than-
expected amount of gilt securities under G-SAP 1.0 auction. Initially, yields
opened on a higher note after the U.S. Federal Reserve's hawkish
commentary on Wednesday.
• Yield on the 10-year benchmark paper (5.85% GS 2030) fell 3 bps to close at
6.02% from the previous close of 6.05% after moving in range of 6.01% to
6.06%.
• HDB Financial Services plans to raise funds selling bonds maturing in three
years at an annual coupon that is linked to 91-day Treasury Bill yield, and has
received commitment worth Rs. 100 crore.
• HDB Financial Services plans to raise funds selling bonds maturing in three
years at an annual coupon that is linked to 91-day Treasury Bill yield, and has
received commitment worth Rs. 100 crore.
• The Indian rupee recorded its biggest fall against the U.S. dollar in over two
months following jump in the U.S. dollar index on rising chances of an early
interest rate hike by the U.S. Federal Reserve (Fed).
• Euro fell against the U.S. dollar after the U.S. Fed surprised markets by
indicating it would increase interest rates and end emergency bond-buying
sooner than expected.
• Gold prices fell sharply after the U.S. Federal Reserve in its monetary policy
raised its expectations for inflation this year and brought forward the time
frame on when it will next raise interest rate.
• According to the Labor Department, U.S. initial jobless claims rose 37,000 to
412,000 in the week ended Jun 12, 2021 from the previous week's revised
level of 375,000.
• According to data from Eurostat, eurozone’s construction output fell 2.2%
MoM in Apr 2021 as against 4.1% rise in Mar 2021. On a yearly basis, the
construction output rose 42.3% in Apr following a 20% rise in Mar.
• According to final data from Eurostat, eurozone’s consumer price inflation
rose 2% in May 2021 as against 1.6% in Apr 2021. In May, consumer price
inflation in the eurozone breached the central bank's target for the first
time in over two years.
Markets for You
