Global Indices
Global Indices 07-May Prev_Day Abs. Change
% Change
Russell 3000 2,075 2,059 16 0.79
Nasdaq 13,752 13,633 119 0.88
FTSE 7,130 7,076 54 0.76
Nikkei 29,358 29,331 26 0.09
Hang Seng 28,611 28,637 -27 -0.09
Indian Indices 07-May Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,206 48,950 257 0.52
Nifty 50 14,823 14,725 98 0.67
Nifty 100 15,022 14,929 93 0.62
Nifty 500 12,563 12,502 61 0.49
Nifty Bank 32,905 32,828 77 0.23
S&P BSE Power 2,563 2,540 22 0.87
S&P BSE Small Cap 22,218 22,184 34 0.15
S&P BSE HC 24,049 24,047 1 0.01
Date P/E Div. Yield P/E Div. Yield
7-May 31.41 0.84 30.23 0.99
Month Ago 34.08 0.73 33.49 0.95
Year Ago 19.49 1.22 21.18 1.65
Nifty 50 Top 3 Gainers
Company 07-May Prev_Day
% Change
Tata Steel 1182 1101 7.40
Hindalco 401 386 3.93
JSW Steel 757 730 3.72
Nifty 50 Top 3 Losers Domestic News
Company 07-May Prev_Day
% Change
Bajaj Auto 3867 3941 -1.89
Hero Moto 2861 2913 -1.80
Eicher Motors 2417 2443 -1.07
Advance Decline Ratio
BSE NSE
Advances 1687 1097
Declines 1321 834
Unchanged 171 100
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 40146
MF Flows** -18347
*7
th
May 2021; **5
th
May 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
5.52%
(Mar-21)
5.84%
(Mar-20)
IIP
-3.60%
(Feb-21)
5.20%
(Feb-20)
GDP
0.40%
(Dec-20)
3.30%
(Dec-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
10 May 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
-1.60%
(Nov-20)
-7.50%
(Sep-20)
Quarter Ago
Inflow/Outflow
259
1086
4.59%
(Dec-20)
• Indian equity markets ended the last session of the week in the green.
Upbeat cues from European markets following strong economic data from
Germany and other major economies, coupled with healthy corporate
earnings underpinned hopes of a swift economic recovery from the
pandemic.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.52% and
0.67% to close at 49,206.47 and 14,823.15 respectively.
• The overall market breadth on BSE was strong with 1,687 scrips advancing
and 1,321 scrips declining. A total of 171 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 5.29%
followed by S&P BSE Basic Materials, up 2.05% and S&P BSE Telecom, up
1%. S&P BSE Consumer Durables was the major loser, down 0.43% followed
by S&P BSE Capital Goods, down 0.08% and S&P BSE IT, down 0.04%.
• According to a major credit rating agency, India is likely to breach its fiscal
deficit target in FY22. The agency expects Indian central government deficit
to come in at 8.3% of GDP in FY22 as against government’s target of 6.8%
of the GDP in FY22. The key driver of our deficit forecast revision is a
downward revision to our revenue outlook, provided that India's economic
recovery will be hampered by COVID-19 cases and containment measures in
place, which will have a negative effect on fiscal revenues.
• The Reserve Bank of India announced the formation of an advisory
committee to help the second Regulatory Review Authority (RRA2.0), which
was established earlier this month by the central bank to streamline
regulations and reduce the enforcement burden on controlled entities.
• The second wave of coronavirus (Covid-19), according to the finance
ministry, posed a danger to economic activity in the April-June quarter of
FY22. However, relative to the first wave, it expects a subdued economic
effect. The ministry however said that India's second wave is seeing a much
higher caseload, with new increases in daily incidents, daily deaths, and
positivity rates, posing a threat to the country's ongoing economic
recovery.
• India's credit rating will be maintained at its current level for the next two
years, according to a major rating agency, and the country's sovereign
rating will be supported by a slightly higher rate of growth in the coming
years.
• Dabur reported 33.98% rise in consolidated net profit to Rs. 377.29 crore
for the quarter ended Mar 2021 as against net profit of Rs. 281.60 crore in
the same quarter a year ago. Its revenue from operations rose 25.27% to Rs
2,336.79 crore in quarter ended Mar 2021 compared with Rs. 1,865.36
crore in the year-ago period.
• HDFC reported 42.43% YoY growth in standalone net profit to Rs. 3,179.83
for quarter ended Mar 2021 as against Rs. 2,232.5 crore reported in same
quarter of previous year. The company has also recommended a final
dividend of Rs. 23 per equity share for FY21.
• Asian markets witnessed a mixed trend with investors focusing on the
upcoming U.S. jobs data, scheduled later during the day. Meanwhile,
positive Chinese export data for Apr boosted optimism about the global
economic outlook. Today (as on May 10), markets are trading higher
following positive cues from U.S. markets. Both Nikkei and Hang Seng are
up 0.89% and 0.25% (as at 8:00 AM IST), respectively.
• European markets rose on the back of upbeat earnings announcements and
euro zone economic data. According to official data, German industrial
production and exports rose on MoM basis in Mar.
• U.S. markets closed higher after weaker than expected job growth data for
Apr reinforced the view that the Federal Reserve will leave ultra-easy
monetary policy in place for the foreseeable future.
Markets for You
FII Derivative Trade Statistics 07-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 3599.24 3850.53 10572.15
Index Options 809995.04 808503.10 79883.11
Stock Futures 11371.69 11352.94 100751.62
Stock Options 11570.79 11580.48 11619.56
Total 836536.76 835287.05 202826.44
07-May Prev_Day
Change
Put Call Ratio (OI) 1.33 1.15 0.18
Put Call Ratio(Vol) 0.91 1.00 -0.09
07-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.22% 3.21% 3.14% 3.88%
T-Repo 3.28% 3.25% 3.04% 3.34%
Repo 4.00% 4.00% 4.00% 4.40%
Reverse Repo 3.35% 3.35% 3.35% 3.75%
91 Day T-Bill 3.34% 3.30% 3.35% 3.51%
364 Day T-Bill 3.71% 3.71% 3.72% 3.57%
10 Year Gilt 6.02% 6.03% 6.08% 6.03%
G-Sec Vol. (Rs.Cr) 29531 44823 50502 51593
FBIL MIBOR 3.45% 3.43% 3.42% 4.44%
3 Month CP Rate 3.55% 3.50% 3.70% 5.55%
5 Year Corp Bond 6.25% 6.26% 6.43% 6.90%
1 Month CD Rate 3.38% 3.25% 3.39% 3.83%
3 Month CD Rate 3.35% 3.31% 3.35% 4.15%
1 Year CD Rate 4.13% 3.90% 3.89% 4.65%
Currency 07-May Prev_Day
Change
USD/INR 73.74 73.94 -0.20
GBP/INR 102.51 102.79 -0.28
EURO/INR 88.90 88.78 0.11
JPY/INR 0.68 0.68 0.00
Commodity 07-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 64.91 63.45 59.72 23.18
Brent Crude($/bl) 69.46 68.33 60.22 21.96
Gold( $/oz) 1830 1769 1737 1718
Gold(Rs./10 gm) 47569 47569 45829 40989
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
10 May 2021
Derivative Statistics- Nifty Options
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• Nifty May 2021 Futures stood at 14,869.55, a premium of 46.40 points
above the spot closing of 14,823.15. The turnover on NSE’s Futures and
Options segment fell to Rs. 20,49,035.27 crore on May 07, 2021, compared
with Rs. 79,71,454.91 crore on May 06, 2021.
• The Put-Call ratio stood at 0.83 compared with the previous session’s close
of 0.93.
• The Nifty Put-Call ratio stood at 1.33 compared with the previous session’s
close of 1.15.
• Open interest on Nifty Futures stood at 12.24 million, compared with the
previous session’s close of 12.17 million.
• Bond yields rose as market participants booked profits after lacklustre
demand at Friday’s weekly government securities auction.
• Yield on the 10-year benchmark paper (5.85% GS 2030) rose 5 bps to close
at 6.02% as compared to the previous close of 5.97%.
• RBI conducted the auction of 14-day Variable Rate Reverse Repo auction
under LAF for the notified amount of Rs. 2,00,000 crore at a cut-off yield of
3.46%.
• The Indian rupee rose against the U.S. dollar on upbeat risk appetite in the
region and a broad decline in the U.S. dollar.
• Euro rose against the U.S. dollar after U.S. nonfarm payroll data for Apr
2021 came in well below expectations.
• Gold prices rose as the U.S. dollar remained under pressure after the U.S.
nonfarm payroll employment data for Apr 2021 came well below market
expectations.
• Brent crude prices fell as persisting concerns over COVID-19 pandemic in
India dampened market sentiments.
• According to the Labor Department, U.S. non-farm payroll employment rose
by 266,000 jobs in Apr 2021 after surging by a downwardly revised 770,000
jobs in Mar 2021. The report also showed the unemployment rate rose 6.15
in Apr 2021 from 6% in Mar 2021.
• According to data by Destatis, Germany’s exports rose 1.2% MoM in Mar
2021 as against 1% in Feb 2021. Imports growth rose sharply to 6.5% in Mar
2021 from 3.6% in Feb 2021. Consequently, the trade surplus fell to EUR
14.3 billion in Mar from EUR 18.9 billion in the previous month.
• According to IHS Markit, U.K. construction Purchasing Managers' Index (PMI)
came fell marginally to 61.6 in Apr 2021 as against 61.7 in Mar 2021.
Markets for You
