Global Indices
Global Indices 21-Jun Prev_Day Abs. Change
% Change
Russell 3000 2,137 2,117 19 0.91
Nasdaq 14,141 14,030 111 0.79
FTSE 7,062 7,017 45 0.64
Nikkei 28,011 28,964 -953 -3.29
Hang Seng 28,489 28,801 -312 -1.08
Indian Indices 21-Jun Prev_Day Abs. Change
% Change
S&P BSE Sensex 52,574 52,344 230 0.44
Nifty 50 15,747 15,683 63 0.40
Nifty 100 15,991 15,916 76 0.48
Nifty 500 13,456 13,387 70 0.52
Nifty Bank 34,871 34,558 313 0.91
S&P BSE Power 2,833 2,762 70 2.55
S&P BSE Small Cap 24,854 24,649 205 0.83
S&P BSE HC 24,889 24,765 124 0.50
Date P/E Div. Yield P/E Div. Yield
21-Jun 32.35 0.98 29.19 1.22
Month Ago 31.57 0.85 29.48 0.97
Year Ago 22.11 1.06 25.49 1.49
Nifty 50 Top 3 Gainers
Company 21-Jun Prev_Day
% Change
Adani Ports & SEZ 731 694 5.29
NTPC 118 114 3.92
Titan Industries Limited 1743 1711 1.84
Nifty 50 Top 3 Losers Domestic News
Company 21-Jun Prev_Day
% Change
United Phos 772 808 -4.43
Wipro 542 550 -1.39
Hindalco 368 371 -1.01
Advance Decline Ratio
BSE NSE
Advances 2023 1255
Declines 1289 770
Unchanged 151 62
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 61072
MF Flows** -19245
*21
st
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.
22 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
2632
5.03%
(Feb-21)
• Indian equity markets commenced the session on a weaker note as investors
continued to contemplate over the hawkish monetary policy of the U.S.
Federal Reserve. However, bourses managed to turnaround in the second
half as expectation over a faster economic recovery owing to the Prime
Minister’s announcement on free inoculation for all citizens continued to
provide underlying support.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.44% and 0.4%
to close at 52,574.46 and 15,746.50 respectively.
• The overall market breadth on BSE was strong with 2,023 scrips advancing
and 1,289 scrips declining. A total of 151 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Power was the major gainer, up 2.55%
followed by S&P BSE Realty, up 2.37% and S&P BSE Utilities, up 1.89%. S&P
BSE Auto was the major loser, down 0.51% followed by S&P BSE IT, down
0.28% and S&P BSE Teck, down 0.26%.
• According to a United Nations report, India received USD 64 billion in
Foreign Direct Investment in 2020, making it the world's fifth largest
recipient of inflows. The COVID-19 second wave in the country is weighing
heavily on the country's overall economic activities, but its strong
fundamentals provide optimism for the medium term.
• According to a major rating agency, public sector banks (PSB) that
experienced windfall treasury gains in FY21 are projected to have
significantly lesser returns in their bond holdings in FY22 due to a lack of
leeway for rates to fall further. According to the rating agency, India's PSBs
made net profits in FY21 after five years of losses, helped by windfall
treasury gains. PSBs made Rs. 31,600 crore in profits in FY21, compared to
Rs. 45,900 crore in overall profit Before Tax (PBT). They had bigger returns
than private banks due to higher Statutory Liquidity Ratio (SLR) holdings.
• The Union Ministry of Power has extended the exemption on transmission
charges until2025, which is a huge comfort for renewable energy project
developers. Battery storage, pump hydro projects, as well as solar and wind,
are now included in the waiver.
• According to the CEO of Wipro, next-generation technology and services
will drive the IT industry's growth, with areas like data, cloud, and
cybersecurity likely to rise at a rapid pace.
• Bharti Airtel and Tata Consultancy Services (TCS) have established a
strategic cooperation to implement 5G broadband network solutions in
India.
• Asian markets largely remained under pressure after St. Louis Fed President
said that inflation risks may warrant higher interest rates by 2022, a year
sooner than his colleagues' projection. Meanwhile, Chinese markets edged
higher as the country's central bank kept its benchmark lending rates
unchanged, in line with investors’ expectation. Today (as on Jun 22) markets
are trading higher following overnight gains in the U.S. markets. While
Nikkei is up 2.31%, Hang Seng is down 0.27% (as at 8:00 AM IST).
• European markets went up after European Central Bank President said that
the bank will continue to support the economy by continuing with its
accommodative monetary policy.
• U.S. markets closed in the green amid bargain hunting after the recent
steep drop dragged the major indices down to its lowest closing level in well
over two months.
Markets for You
FII Derivative Trade Statistics 21-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 5438.63 5540.05 12121.43
Index Options 383213.54 383639.03 87522.69
Stock Futures 22466.35 22687.62 113644.86
Stock Options 23680.13 23293.96 24616.81
Total 434798.65 435160.66 237905.79
21-Jun Prev_Day
Change
Put Call Ratio (OI) 1.22 1.18 0.04
Put Call Ratio(Vol) 0.92 0.97 -0.05
21-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.16% 3.11% 3.14% 3.63%
T-Repo 3.28% 3.26% 3.32% 3.01%
Repo 4.00% 4.00% 4.00% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 3.43% 3.38% 3.36% 3.25%
364 Day T-Bill 3.85% 3.71% 3.71% 3.50%
10 Year Gilt 6.03% 6.00% 5.98% 5.85%
G-Sec Vol. (Rs.Cr) 17507 16801 35352 37652
FBIL MIBOR 3.37% 3.36% 3.39% 3.94%
3 Month CP Rate 3.65% 3.62% 3.60% 3.95%
5 Year Corp Bond 6.43% 6.25% 6.23% 6.67%
1 Month CD Rate 3.44% 3.36% 3.51% 3.25%
3 Month CD Rate 3.47% 3.42% 3.38% 3.35%
1 Year CD Rate 4.08% 4.27% 4.14% 4.08%
Currency 21-Jun Prev_Day
Change
USD/INR 74.15 74.14 0.01
GBP/INR 102.45 103.01 -0.56
EURO/INR 88.08 88.26 -0.17
JPY/INR 0.67 0.67 0.00
Commodity 21-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 73.59 70.89 63.56 39.67
Brent Crude($/bl) 74.15 72.42 67.74 43.48
Gold( $/oz) 1783 1866 1880 1743
Gold(Rs./10 gm) 47005 48134 47569 47519
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
22 June 2021
Derivative Statistics- Nifty Options
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• Nifty Jun 2021 Futures stood at 15,743.80, a discount of 2.70 points below
the spot closing of 15,746.50. The turnover on NSE’s Futures and Options
segment fell to Rs. 37,40,220.68 crore on June 21, 2021, compared with Rs.
39,22,007.00 crore on June 18, 2021.
• The Put-Call ratio stood at 0.88 compared with the previous session’s close
of 0.92.
• The Nifty Put-Call ratio stood at 1.22 compared with the previous session’s
close of 1.18.
• Open interest on Nifty Futures stood at 10.78 million, compared with the
previous session’s close of 10.75 million.
• Bond yields rose on consumer inflation concerns highlighted in the Monetary
Policy Committee's (MPC) minutes last week.
• Yield on the 10-year benchmark paper (5.85% GS 2030) rose 2 bps to close at
6.03% from the previous close of 6.01% after moving in range of 6.00% to
6.03%.
• According to the RBI’s scheduled banks’ statement of position in India, bank
credit grew 5.74% while bank deposits grew 9.73% as on June 04, 2021.
• RBI conducted the auction of Switch/Conversion auction of 5 government
securities from short term (1 to 3 years) to long term tenure (12 to 14 years),
which was undersubscribed.
• The Indian rupee declined against the U.S. dollar on broad gains in U.S. dollar
index and concerns of foreign fund outflows after hawkish comments by a
U.S. Federal Reserve (Fed) official.
• Euro rose marginally against the U.S. dollar but broadly retain most of the
previous week's gains after the U.S. Fed signalled its ultra-easy monetary
policy might end sooner than markets had expected.
• Gold prices rose as market participants used the recent correction to buy the
yellow metal at lower price levels.
• Brent crude prices rose on indications of improved demand.
• People's Bank of China (PBoC) has kept its benchmark lending rates
unchanged, as widely expected. The one-year and five-year loan prime rate
(LPR) was maintained at 3.85% and 4.65%, respectively. As per an economist,
PBoC has now totally reversed last year's credit acceleration via quantitative
controls. As a result, policy rate hikes that could lead to LPR increases are
unlikely to occur very soon. The key point for the economy is that tighter
lending conditions, even in the absence of rate adjustments, will act as a
headwind in the coming quarters.
• According to the Rightmove, U.K. house prices increased by a moderate 0.8%
MoM in Jun 2021 as against 1.8% rise May 2021.
Markets for You
