Global Indices
Global Indices 18-Jun Prev_Day Abs. Change
% Change
Russell 3000 2,117 2,133 -16 -0.74
Nasdaq 14,030 14,161 -131 -0.92
FTSE 7,017 7,153 -136 -1.90
Nikkei 28,964 29,018 -54 -0.19
Hang Seng 28,801 28,559 243 0.85
Indian Indices 18-Jun Prev_Day Abs. Change
% Change
S&P BSE Sensex 52,344 52,323 21 0.04
Nifty 50 15,683 15,691 -8 -0.05
Nifty 100 15,916 15,936 -21 -0.13
Nifty 500 13,387 13,425 -39 -0.29
Nifty Bank 34,558 34,605 -47 -0.14
S&P BSE Power 2,762 2,841 -79 -2.77
S&P BSE Small Cap 24,649 24,869 -220 -0.89
S&P BSE HC 24,765 24,897 -132 -0.53
Date P/E Div. Yield P/E Div. Yield
18-Jun 32.75 0.96 29.08 1.24
Month Ago 31.90 0.85 30.53 0.97
Year Ago 21.81 1.08 25.11 1.51
Nifty 50 Top 3 Gainers
Company 18-Jun Prev_Day
% Change
Adani Ports & SEZ 694 647 7.34
Bajaj Auto 4167 4054 2.79
HUL 2483 2418 2.70
Nifty 50 Top 3 Losers Domestic News
Company 18-Jun Prev_Day
% Change
ONGC 120 125 -3.88
Coal India 146 152 -3.78
JSW Steel 671 696 -3.70
Advance Decline Ratio
BSE NSE
Advances 1096 565
Declines 2127 1436
Unchanged 129 60
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 58440
MF Flows** -19245
*18
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.
21 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)
0.50%
(Dec-20)
Quarter Ago
Inflow/Outflow
-20
-914
5.03%
(Feb-21)
• The Indian stock market plunged initially following weak cues from global
markets as investors continue to assess the impact of the U.S. Federal
Reserve's hawkish tilt on interest rates and quantitative easing at its
meeting earlier this week. However, late buying in stocks of some of the
major companies across different sectors helped bourses to overcome the
initial weakness and close on a flat note.
• Key benchmark indices S&P BSE Sensex gained 0.04% and Nifty 50 lost
0.05% to close at 52,344.45 and 15,683.35 respectively.
• The overall market breadth on BSE was weak with 1,096 scrips advancing
and 2,127 scrips declining. A total of 129 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 1.47%
followed by S&P BSE FMCG, up 0.2% and S&P BSE Consumer Durables, up
0.12%. S&P BSE Power was the major loser, down 2.77% followed by S&P
BSE Utilities, down 2.54% and S&P BSE Metal, down 2.01%.
• Minutes of the Monetary Policy Committee (MPC) Meeting held from Jun 2
to Jun 4 showed that the six-member MPC advocated to continue with a
loose monetary policy in order to support growth, as the second wave of the
COVID-19 pandemic turned out to be more severe than expected. The
committee was also of the view that the inflation wasn’t demand driven and
hence compromising on growth might not be the best policy choice.
• The United States Department of Energy (DOE), India’s Ministry of New and
Renewable Energy (MNRE) and the US India Strategic Partnership Forum
(USISPF) have jointly launched a U.S.-India Hydrogen Task Force. This is
under the U.S.-India Strategic Clean Energy Partnership (SCEP). This new
Task Force represents industry and government stake holders to review
technology status, study innovative policy options, and make
recommendations.
• As per media reports, India remained 43rd in the Institute for Management
Development's annual World Competitiveness Index, which looked at the
impact of COVID-19 on economies around the world this year. Switzerland
topped the 64-nation list. India is placed second among the BRICS nations,
after China(16th), and is followed by Russia (45th), Brazil (57th), and South
Africa (62th).
• As per media reports, by 2025, Indian UHNIs (ultra high net worth people)
are predicted to invest up to $30 billion in Indian digital startups, indicating
an increasing investment opportunity for homegrown software ventures.
• Power Grid Corporation of India Ltd posted 6% YoY rise in total income to
Rs. 40,824 crore and 9% rise in profit after tax to Rs 12,036 crore on
consolidated basis for FY21. In FY21, the company incurred a capital
expenditure of Rs. 11,284 crore and capitalised assets worth Rs. 21,467
crore on consolidated basis.
• Tata Motors and Tata Power collaborated to build India's largest grid-
synchronized, behind-the-meter solar carport at the Tata Motors
automobile plant in Chikhali, Pune. Tata Power's 6.2 MW solar carport will
generate 86.4 lakh kWh of power per year and is expected to cut carbon
emissions by 7,000 tonnes per year and 1.6 lakh tonnes over the course of
its lifetime.
• Asian market witnessed mixed tend amid decline in crude oil and bullion
prices amid strength in U.S. dollar. However, retreat in U.S. Treasury yields
restricted the losses. Today (as on Jun 21) markets are trading lower ahead
of the release of China’s latest benchmark lending rate, scheduled later
during the day. Both Nikkei and Hang Seng are down 3.01% and 1.30%, (as
at 8:00 AM IST) respectively.
• European markets went down as concerns about the Federal Reserve's
outlook for monetary policy continued to weigh on investor sentiments.
• U.S. markets fell as Fed's forecast for two interest rates hikes in 2023 led to
speculation that the central bank will soon start tapering its asset purchases.
Markets for You
FII Derivative Trade Statistics 18-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 4412.28 4789.86 10991.13
Index Options 863305.36 863306.85 75945.06
Stock Futures 14766.21 15225.81 114255.11
Stock Options 20096.31 20183.22 26812.13
Total 902580.16 903505.74 228003.43
18-Jun Prev_Day
Change
Put Call Ratio (OI) 1.18 1.07 0.11
Put Call Ratio(Vol) 0.97 0.89 0.08
18-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.19% 3.10% 3.11% 3.59%
T-Repo 3.28% 3.26% 3.28% 2.89%
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% 3.36% 3.25%
364 Day T-Bill 3.84% 3.72% 3.71% 3.52%
10 Year Gilt 6.01% 6.01% 5.98% 5.82%
G-Sec Vol. (Rs.Cr) 32162 39653 17239 34091
FBIL MIBOR 3.37% 3.35% 3.39% 3.91%
3 Month CP Rate 3.65% 3.62% 3.60% 4.00%
5 Year Corp Bond 6.38% 6.21% 6.26% 6.74%
1 Month CD Rate 3.55% 3.37% 3.42% 3.24%
3 Month CD Rate 3.47% 3.42% 3.38% 3.35%
1 Year CD Rate 4.06% 4.28% 4.14% 4.17%
Currency 18-Jun Prev_Day
Change
USD/INR 74.14 73.73 0.41
GBP/INR 103.01 103.12 -0.11
EURO/INR 88.26 88.36 -0.11
JPY/INR 0.67 0.67 0.01
Commodity 18-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 71.59 70.95 65.44 38.74
Brent Crude($/bl) 73.30 71.56 70.40 42.24
Gold( $/oz) 1763 1877 1868 1723
Gold(Rs./10 gm) 47122 48872 47569 47302
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
21 June 2021
Derivative Statistics- Nifty Options
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• Nifty Jun 2021 Futures stood at 15,696.70, a premium of 13.35 points above
the spot closing of 15,683.35. The turnover on NSE’s Futures and Options
segment fell to Rs.39,22,007.00 crore on June 18, 2021, compared with
Rs.94,56,030.26 crore on June 17, 2021.
• The Put-Call ratio stood at 0.92 compared with the previous session’s close
of 0.9.
• The Nifty Put-Call ratio stood at 1.18 compared with the previous session’s
close of 1.07.
• Open interest on Nifty Futures stood at 10.75 million, compared with the
previous session’s close of 11.61 million.
• Bond yields inched down after the Reserve Bank of India (RBI) purchased
government securities under G-SAP 1.0 auction. Purchase of government
securities by the RBI is expected to keep the yields on the 10-year
benchmark paper closer to around 6%. However, most of the gains were
neutralized after the U.S. Federal Reserve in its monetary policy review
hinted at two possible rate hikes by 2023.
• Yield on the 10-year benchmark paper (5.85% GS 2030) fell marginally by 1
bps to close at 6.01% from the previous close of 6.02% after moving in range
of 6.00% to 6.02%.
• Data from RBI showed that India’s money supply for the fortnight ended Jun
04, 2021 rose 9.9% on a yearly basis as compared to 12.3% in the same
period of the previous year. The currency with the public rose 13.1% on a
yearly basis during the same period as compared to 19.3% in the same
period of the previous year.
• The rupee in the spot trade rose against the U.S. dollar following selling of
the greenback by exporters and foreign banks.
• The euro weakened against the U.S. dollar as the greenback gained
upperhand after the U.S. Federal Reserve in its monetary policy review
indicated that it may raise interest rates and end emergency bond-buying
sooner than expected.
• Gold prices fell after the U.S. Federal Reserve brought forward projections
for interest rate hikes into 2023.
• Brent crude prices rose as reports suggested that OPEC expected limited
U.S. oil output growth this year despite rising prices.
• The Bank of Japan maintained its massive monetary stimulus and announced
the launch of a new funding programme to help with climate change
measures, as well as extending the deadline for the Covid support
programme. The board kept the interest rate on current accounts
maintained by financial institutions at the central bank at -0.1%. The bank
will continue to buy enough Japanese government bonds without imposing
an upper limit, ensuring that 10-year JGB yields stay around 0%. The bank
intends to introduce the new measures in 2021. The measure's preliminary
outline will be revealed during the July monetary policy meeting.
• According to the Office for National Statistics, U.K. retail sales fell 1.4% MoM
in May 2021 as against 9.2% rise in Apr 2021.
Markets for You
