Global Indices
Global Indices 28-May Prev_Day Abs. Change
% Change
Russell 3000 2,066 2,063 3 0.17
Nasdaq 13,749 13,736 12 0.09
FTSE 7,023 7,020 3 0.04
Nikkei 29,149 28,549 600 2.10
Hang Seng 29,124 29,113 11 0.04
Indian Indices 28-May Prev_Day Abs. Change
% Change
S&P BSE Sensex 51,423 51,115 308 0.60
Nifty 50 15,436 15,338 98 0.64
Nifty 100 15,650 15,564 86 0.55
Nifty 500 13,117 13,066 51 0.39
Nifty Bank 35,141 35,095 46 0.13
S&P BSE Power 2,783 2,812 -30 -1.05
S&P BSE Small Cap 23,479 23,591 -113 -0.48
S&P BSE HC 24,417 24,678 -261 -1.06
Date P/E Div. Yield P/E Div. Yield
28-May 31.90 0.85 28.98 0.98
Month Ago 33.59 0.81 32.72 0.96
Year Ago 20.02 1.18 22.17 1.61
Nifty 50 Top 3 Gainers
Company 28-May Prev_Day
% Change
RIL 2095 1976 6.01
Grasim Indus 1465 1417 3.41
Adani Ports & SEZ 776 751 3.29
Nifty 50 Top 3 Losers Domestic News
Company 28-May Prev_Day
% Change
Sun Pharma 670 700 -4.25
Bajaj Finserv Limited 11713 11889 -1.48
Shree Cements Limited 27655 28066 -1.46
Advance Decline Ratio
BSE NSE
Advances 1377 774
Declines 1756 1207
Unchanged 145 67
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 42707
MF Flows** -18838
*28
th
May 2021; **24
th
May 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
4.29%
(Apr-21)
7.22%
(Apr-20)
IIP
22.40%
(Mar-21)
-18.70%
(Mar-20)
GDP
0.40%
(Dec-20)
3.30%
(Dec-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
31 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
2.20%
(Dec-20)
-7.50%
(Sep-20)
Quarter Ago
Inflow/Outflow
-660
45
4.06%
(Jan-21)
• Indian equity markets closed in the green, largely led by falling number of
daily COVID-19 cases in India. The consistent fall in COVID cases raised
optimism over gradual re-opening of economy, though there are restrictions
in selected local areas to control the spread of virus. Hopes of another set of
stimulus package from government for most affected areas provided
additional support.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.6% and 0.64%
to close at 51,422.88 and 15,435.65 respectively.
• The overall market breadth on BSE was weak with 1,377 scrips advancing
and 1,756 scrips declining. A total of 145 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 4.35%
followed by S&P BSE Oil & Gas, up 1.17% and S&P BSE Telecom, up 0.49%.
S&P BSE Healthcare was the major loser, down 1.06% followed by S&P BSE
Power, down 1.05% and S&P BSE Utilities, down 0.83%.
• Government data showed that India’s Foreign Direct Investment (FDI) equity
inflows during the period from Apr 2020 to Mar 2021 stood at $59.64 billion
which corresponds to a growth of 19%. U.S. replaced Mauritius as the
second largest source of FDI into India during FY21 with inflows of $13.82
billion. Singapore was the top source of FDI equity into the country for the
third consecutive fiscal at $17.42 billion.
• The Goods and Services Tax Council (GST) kept tax on COVID-19 vaccines
and medical supplies unchanged. However, the council exempted duty on
import of a medicine used for treatment of black fungus. The GST council
also to provide relief to small tax players recommended an Amnesty Scheme
to reduce late fee payable. The move is expected to provide relief to small
tax players who constitute 89% of GST players.
• According to media reports, capital market regulator Securities and
Exchange Board of India (SEBI) is considering introducing the concept of
institutional investor-only initial public offerings (IPOs). The objective of the
move is to protect small investors from taking risky presumably risky issues
by new-age technology and e-commerce firms.
• According to media reports, the Central Government has proposed market
borrowing to the tune of Rs 1.58 trillion. The objective of the move is to
compensate states for the goods and services tax shortfall through back-to-
back loans like it did last year.
• Tata Digital Limited, a 100% subsidiary of Tata Sons Pvt Ltd, bought a
majority stake worth $1.31 billion in online grocer BigBasket.
• Eicher Motors Ltd reported 73% rise in consolidated profit after tax at Rs.
526.14 crore for the quarter ended Mar 2021 as against Rs. 304.28 crore in
the quarter ended Mar 2020. Its consolidated total revenue from operations
stood at Rs. 2,940.33 crore in the quarter ended Mar 2021 compared with
Rs. 2,208.18 crore in the year-ago quarter.
• Asian markets largely closed in the green with strong buying seen in
Japanese bourses amid hopes that a steady vaccination drive can help
accelerate economic recovery. Buying interest found additional support
from reports that U.S. will reveal a budget that would increase federal
spending to $6 trillion in 2022. Today (as on May 31), markets are trading
mixed ahead of the release of China’s official manufacturing Purchasing
Managers’ Index for May. While Nikkei is down 0.48%, Hang Seng is up
0.35% (as at 8:00 AM IST).
• European markets rose following relaxations in lockdown restrictions in
several places in the U.S. and Europe due to acceleration in vaccination
drive.
• U.S. markets went up amid rising optimism about economic recovery after
U.S. President unveiled a $6 trillion budget for 2022.
Markets for You
FII Derivative Trade Statistics 28-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 11623.71 8986.77 12208.38
Index Options 769962.22 765605.57 65601.35
Stock Futures 32980.70 33260.33 107443.92
Stock Options 11331.94 10230.77 6891.70
Total 825898.57 818083.44 192145.35
28-May Prev_Day
Change
Put Call Ratio (OI) 1.32 1.36 -0.04
Put Call Ratio(Vol) 0.94 1.06 -0.12
28-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.14% 3.14% 3.22% 3.70%
T-Repo 3.25% 3.32% 3.24% 3.07%
Repo 4.00% 4.00% 4.00% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 3.39% 3.36% 3.31% 3.18%
364 Day T-Bill 3.71% 3.71% 3.69% 3.41%
10 Year Gilt 6.00% 5.98% 2898.00% 98.00%
G-Sec Vol. (Rs.Cr) 31243 35352 26142 22526
FBIL MIBOR 3.37% 3.39% 3.42% 4.02%
3 Month CP Rate 3.62% 3.60% 3.50% 4.35%
5 Year Corp Bond 6.28% 6.23% 6.27% 6.83%
1 Month CD Rate 3.47% 3.51% 3.26% 3.82%
3 Month CD Rate 3.42% 3.38% 3.32% 3.77%
1 Year CD Rate 4.14% 4.14% 3.95% 4.30%
Currency 28-May Prev_Day
Change
USD/INR 72.48 72.64 -0.16
GBP/INR 102.77 102.46 0.31
EURO/INR 88.23 88.55 -0.32
JPY/INR 0.66 0.67 -0.01
Commodity 28-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 66.26 63.56 63.76 33.62
Brent Crude($/bl) 70.23 67.74 68.08 33.19
Gold( $/oz) 1903 1880 1781 1719
Gold(Rs./10 gm) 48541 47569 47569 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
31 May 2021
Derivative Statistics- Nifty Options
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• Nifty Jun 2021 Futures stood at 15,463.85, a premium of 28.20 points above
the spot closing of 15,435.65. The turnover on NSE’s Futures and Options
segment fell to Rs. 22,88,107.33 crore on May 28, 2021, compared with Rs.
87,62,791.57 crore on May 27, 2021.
• The Put-Call ratio stood at 0.85 compared with the previous session’s close
of 0.92.
• The Nifty Put-Call ratio stood at 1.32 compared with the previous session’s
close of 1.36.
• Open interest on Nifty Futures stood at
11.11 million, compared with the
previous session’s close of 13.55 million.
• Bond yields rose as the Reserve Bank of India (RBI) at the weekly auction of
government securities devolved more than half of the scheduled amount of
10 year benchmark paper on primary dealers. Market participants await
potential announcement of additional borrowing after Friday's GST Council
meeting.
• Yield on the 10-year benchmark paper (5.85% GS 2030) rose 1 bps to close at
6.00% from the previous close of 5.99% after moving in a narrow range of
5.98% to 6.00%.
• According to the RBI’s data released in the weekly statistical supplement,
India’s foreign exchange reserves rose $2.865 billion to $592.894 billion in
the week ended May 21, 2021 from $590.028 billion in the previous week.
• Banks borrowed Rs. 22 crore under the central bank’s marginal standing
facility on May 27, 2021 compared with nil borrowing on May 25, 2021.
• The Indian rupee gained against the U.S. dollar after Chinese yuan reached
fresh 3 year high. Also no intervention by the Reserve Bank of India’s (RBI) in
the spot market, added to upside.
• Euro inched down against the U.S. dollar after core personal consumption
expenditures (PCE) price index in U.S. surged in Apr 2021.
• Gold prices rose after the bullion’s appeal as an inflation hedge improved
after core personal consumption expenditures (PCE) price index in U.S.
surged in Apr 2021.
• Brent crude prices rose on on improved global growth prospects due to
widespread COVID-19 vaccination program.
• Data from the National Association of Realtors showed that pending home
sales in the U.S. unexpectedly tumbled to their lowest level in nearly a year in
Apr 2021. The pending home sales index plunged by 4.4% to 106.2 in Apr
2021 after surging up by 1.7% to a downwardly revised 111.1 in Mar 2021
(1.9% increase originally reported for the previous month).
• Data from the U.S. Commerce Department showed that the core personal
consumption expenditures (PCE) price index in U.S. increased 3.1% on a
yearly basis in Apr 2021 following an increase of 1.9% in Mar 2021.
• According to the Ministry of Communications and Internal Affairs, Japan’s
unemployment rate came in at 2.8% in Apr 2021, up from 2.6% in Mar 2021.
The job-to-applicant ratio was 1.09 in Apr as against 1.10 in Mar.
Markets for You
