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Feb 10, 2023
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Snapshots
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Department for promotion of industry and internal trade (DPIIT) Anurag Jain said All the states, union territories and 32 central government departments will integrate with the National Single Window System (NSWS) by December 2023, through which companies can seek all approvals and clearances for their businesses.
India and Philippines signed a pact regarding Indian grant assistance for implementation of Quick Impact Projects (QIP).
RBI January survey showed, Indian household's inflation expectations for the current period moderated by 20 basis points to 9.6%, while consumer confidence improved further.
SEBI proposed a review of corporate governance norms for a high-value debt-listed entity.
US initial jobless claims rose to 196,000 in the week ended February 4, compared to 183,000 in the prior week.
India's stock benchmarks represented by the S&P BSE Sensex and Nifty 50 rose 0.2% and 0.1%, respectively on Thursday following a rise in technology stocks.
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Market moves
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| Market | Indicator | Today's close | Change /bps |
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| Equity |
Sensex | 60,806.22 | 142.43 | | Nifty 50 | 17,893.45 | 21.75 | | US DJIA | 33,949.01 | -207.68 | | UK FTSE 100 | 7,885.17 | 20.46 | | Japan Nikkei 225 | 27,584.35 | -22.11 | | Debt | 10-yr g-sec | 7.34 | 0 | | Call rate | 5.75 | 0 | | Forex | USD /INR | 82.51 | -0.02 | | Commodity | Crude oil($ per barrel) | 85.09 | 1.4 | | Gold (Rs / 10 gms) | 57597 | 59 |
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Indian equity indices extended the previous day’s gains on Thursday following a rise in technology stocks.
However, concerns over the US Federal Reserve’s rate hike path kept the gains under check.
The top gainers were Bajaj Finserv, HDFC Life, Hindalco, Asian Paints and Infosys, up 1.7-2.3%.
The top losers were Adani Enterprises, Adani Ports, Hero MotoCorp, Cipla and JSW Steel, down 1.1-11.0%.
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Nifty leaders
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| Scrip | Today's close | Previous close | % change |
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| Bajaj Finserv | 1400.25 | 1368.90 | 2.29 | | HDFC Life | 518.65 | 508.55 | 1.99 | | Hindalco | 444.55 | 436.50 | 1.84 |
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Nifty laggards
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| Scrip | Today's close | Previous close | % change |
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| Adani Enterpris | 1925.70 | 2164.25 | -11.02 | | Adani Ports | 582.30 | 599.25 | -2.83 | | Hero Motocorp | 2559.20 | 2614.65 | -2.12 |
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| Indices | Last close | One-day change in % | One month change in % | % YTD change in % |
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| Domestic | | S&P BSE Sensex | 60,806.22 | 0.23 | 0.10 | -0.06 | | Nifty 50 | 17,893.45 | 0.12 | -1.15 | -1.17 | | S&P BSE 200 | 7,621.22 | 0.04 | -2.92 | -2.94 | | S&P BSE 500 | 23,908.86 | 0.00 | -2.82 | -2.83 | | S&P BSE Midcap | 24,881.65 | -0.01 | -2.05 | -1.71 | | S&P BSE Smallcap | 28,127.41 | -0.15 | -2.77 | -2.76 | | S&P BSE Auto | 30,269.83 | -0.26 | 3.14 | 4.66 | | S&P BSE Bankex | 46,993.56 | 0.06 | -3.23 | -3.91 | | S&P BSE Cap Goods | 34,300.67 | 0.26 | 1.40 | 2.87 | | S&P BSE Consumer Durables | 38,607.24 | -0.01 | -2.08 | -2.81 | | S&P BSE FMCG | 16,462.91 | -0.21 | 1.18 | 2.41 | | S&P BSE Healthcare | 22,381.36 | -0.43 | -3.59 | -2.83 | | S&P BSE IT | 30,838.80 | 0.88 | 7.37 | 7.56 | | S&P BSE Metal | 20,374.05 | 0.03 | -2.90 | -2.31 | | S&P BSE Oil & Gas | 17,643.95 | -0.08 | -14.93 | -13.55 | | S&P BSE Power | 3,530.26 | -0.90 | -19.59 | -19.42 | | S&P BSE Realty | 3,276.54 | -0.61 | -4.13 | -4.94 | | International | | DJIA* | 33,949.01 | -0.61 | 0.95 | 2.42 | | Nasdaq Composite* | 11,910.52 | -1.68 | 12.69 | 13.80 | | Nikkei 225 (Japan) | 27,584.35 | -0.08 | 6.20 | 5.71 | | Straits Times (Singapore) | 3,359.48 | -0.86 | 1.63 | 3.33 | | Hang Seng (Hong Kong) | 21,624.36 | 1.60 | 1.10 | 9.32 | | Kospi Composite (Seoul) | 2,481.52 | -0.09 | 5.59 | 10.96 | | FTSE 100 (London) | 7,885.17 | 0.26 | 2.41 | 5.82 | | Cac 40 (France)* | 7,119.83 | -0.18 | 3.77 | 9.98 | | Xetra Dax (Germany)* | 15,412.05 | 0.60 | 5.49 | 10.69 | | S&P 500 (US)* | 4,117.86 | -1.11 | 5.72 | 7.25 | | Shanghai (china) | 3,270.38 | 1.18 | 2.97 | 5.86 | | MICEX (Russia)* | 2,259.15 | 0.32 | 4.77 | 4.88 | | Bovespa (Brazil)* | 109,951.49 | 1.97 | 0.91 | 0.20 | | JCI (Indonesia) | 6,897.37 | -0.62 | 3.13 | 0.68 | | SET (Thailand) | 1,669.17 | -0.07 | -1.30 | 0.03 |
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*Data as of Feb 8
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| Date | BSE | NSE |
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| Turnover | Shares | Trades | Turnover | Shares | Trades |
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| 09-Feb-23 | 3,092.27 | 4,336.81 | 25.08 | 50,149.10 | 20,269.00 | 184.93 | | 08-Feb-23 | 3,419.73 | 4,832.09 | 27.17 | 52,738.30 | 22,715.00 | 196.79 | | 1 week ago | 3,652.20 | 3,841.67 | 30.18 | 68,414.30 | 25,757.00 | 259.90 | | 1 month ago | 2,948.62 | 6,036.76 | 21.70 | 44,545.90 | 22,832.00 | 177.10 |
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FII equity investments, Rs cr
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| Buy | Sell | Net | MTD |
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| 08-Feb | 7,702.00 | 8,159.00 | -457.00 | -5,047.00 | | Jan-23 | 162,479.53 | 192,429.37 | -29,949.84 | | | Dec-22 | 146,357.97 | 147,711.68 | -1,353.71 | | | Nov-22 | 226,024.39 | 189,408.27 | 36,616.12 | | | Oct-22 | 185,089.55 | 176,658.95 | 8,430.60 | | | Sep-22 | 190,807.31 | 193,623.66 | -2,816.35 | | | Aug-22 | 203,409.06 | 149,415.14 | 53,993.92 | | | Last Close | 7,286.00 | 9,493.00 | -2,207.00 | | | 6 Months average | 185,694.64 | 174,874.51 | 10,820.12 | |
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MF equity investments, Rs cr
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| Buy | Sell | Net | MTD |
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| 08-Feb | 0.00 | 0.00 | 0.00 | 3,535.49* | | Jan-23 | 110573.17 | 88731.37 | 21841.8 | | | Dec-22 | 101205.58 | 86513.25 | 14692.33 | | | Nov-22 | 86504.69 | 82103.17 | 4401.52 | | | Oct-22 | 40092.14 | 32309.79 | 7782.35 | | | Sep-22 | 123727.17 | 105125.43 | 18601.74 | | | Aug-22 | 90595.39 | 91716.17 | -1120.78 | | | Last Close | 0.00 | 0.00 | 0.00 | | | 6 Months average | 92,116.36 | 81,083.20 | 11,033.16 | |
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*Data as of Feb 6
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The interbank call money rate ended flat at 5.75% on Thursday.
Government bond prices ended flat on Thursday as investors stayed put ahead of the weekly debt auction to be conducted on Friday.
The yield of the 10-year benchmark 7.26% 2032 paper ended flat at 7.34% on Thursday.
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| Key rates | Latest | Previous day | Month ago | 3 months ago |
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| Call Rate | 5.75 | 5.75 | 5.90 | 5.80 | | Mibor | 6.13 | 6.32 | 6.21 | 5.99 | | 3-month CP | 7.47 | 7.50 | 7.24 | 7.35 | | 5-year corporate bond | 7.70 | 7.70 | 7.56 | 7.68 | | 10-year G-sec | 7.34 | 7.34 | 7.34 | 7.39 | | 05 Year G Sec | 7.26 | 7.24 | 7.22 | 7.35 | | 1 Year CD Range | 7.69-
7.79 | 7.67-
7.77 | 7.65-
7.75 | 7.45-
7.55 | | 91-Days T-bill | 6.69 | 6.65 | 6.31 | 6.43 | | 182-Days T-bill | 6.98 | 6.97 | 6.72 | 6.74 | | 364-Days T-bill | 7.03 | 7.01 | 6.90 | 6.92 | | 1 year CP (MFG) | 7.80 | 7.80 | 7.78 | 7.56 | | 10-year AAA corp bond spread | 0.29 | 0.29 | 0.21 | 0.18 | | G-sec spread 5 year over 1 year | 0.23 | 0.23 | 0.32 | 0.42 |
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| Key rates | Latest | Previous day | Month ago | 3 months ago |
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| Reverse repo | 3.35 | 3.35 | 3.35 | 3.35 | | Repo | 6.50 | 6.50 | 6.25 | 5.90 | | Bank Rate | 6.75 | 6.75 | 6.50 | 6.15 | | CRR | 4.50 | 4.50 | 4.50 | 4.50 | | G-sec volume NDS OM (Rs cr) | 27935 | 52185 | 27,800 | 25,435 | | 1 Year CP | 8.02 | 8.06 | 7.95 | 7.92 | | 6-month Libor | 5.15 | 5.14 | 5.20 | 5.13 | | Forex Reserve ($ bn) | 576.76 | 576.76 | 562.85 | 531.08 | | LAF (Rs cr) | -5868 | -42375 | -105,883 | -27,338 | | G-sec spread 10 year over 5 year | 0.08 | 0.10 | 0.12 | 0.04 | | G-sec spreads 30 year over 10 year | 0.09 | 0.07 | 0.08 | 0.16 |
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Values are in % |
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Notes: |
5 Year Benchmark: 06.79 GS 2027 and the yield given is Semi-Annualized.
01 Year Benchmark is taken as 07.68 GS 2023.
10 Year Benchmark is taken as 07.26 GS 2032.
30 Year Benchmark is taken as 06.99 GS 2051.
LAF taken as LTR - fixed reverse repo with one day lag
Weighted Average Yields taken for G-Sec data
*Mibor Data with Seven day Lag.
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| Today's close | Previous close | change |
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| USD | 82.51 | 82.49 | -0.02 | | GBP | 100.17 | 99.62 | -0.55 | | Euro | 88.82 | 88.73 | -0.09 | | 100 Yen | 62.95 | 63.09 | 0.14 |
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| Commodity | Last close | % change |
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| Crude Oil (USD/barrel) | 85.09 | 6.83 | -8.77 | | Indian Gold (Rs/10 gm) | 57,597.00 | 2.38 | 18.35 |
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| Economy |
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Government |
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Department for promotion of industry and internal trade (DPIIT) Anurag Jain said All the states, union territories and 32 central government departments will integrate with the National Single Window System (NSWS) by December 2023, through which companies can seek all approvals and clearances for their businesses.
Finance Minister Nirmala Sitharaman in a discussion with IMF managing director Kristalina Georgieva urged the agency to develop a globally coordinated approach to the regulation of crypto assets.
India and Philippines signed a pact regarding Indian grant assistance for implementation of Quick Impact Projects (QIP).
Railway Minister Ashwini Vaishnaw said the railways earned over Rs 600 cr through convenience fee, so far in 2022-23.
The Central Board of Direct Taxes introduced fresh norms for filing of statements for equalisation levy by companies.
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Regulatory update |
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RBI January survey showed, Indian household's inflation expectations for the current period moderated by 20 basis points to 9.6%, while consumer confidence improved further.
National Company Law Tribunal (NCLT) cleared the merger of Adani Power Maharashtra, Adani Power Rajasthan, Udupi Power Corporation, Raipur Energen, Raigarh Energy Generation and Adani Power (Mundra) with Adani Power.
SEBI issued list of 39 entities that can use e-KYC Aadhaar authentication services in the securities market as sub-KYC user agency.
SEBI proposed a review of corporate governance norms for a high-value debt-listed entity.
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International data points
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US initial jobless claims rose to 196,000 in the week ended February 4, compared to 183,000 in the prior week.
Japan's machine tool orders declined 9.7% on-year in January, falling from a downwardly revised 0.9% rise in December.
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| Source: CRISIL |
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| Date | Announcements | Region | Remarks |
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| 06-Feb-23 | Eurozone Retail Sales, December | Eurozone | Latest: -2.8% / Previous: -2.5% | | 07-Feb-23 | US Trade Balance, December | US | Latest: $ -67.4 bn / Previous: $ -61 bn | | 07-Feb-23 | UK Halifax House Price Index, January | US | Latest: 1.9% / Previous: 2.1% | | 08-Feb-23 | US Consumer Credit Change, December | US | Latest: $11.65 bn / Previous: $27.96 bn | | 08-Feb-23 | India RBI Interest Rate Decision | India | Latest: 6.50% / Previous: 6.25% | | 09-Feb-23 | US Initial Jobless Claims, February 04 | US | Latest: 196,000 / Previous:183,000 | | 10-Feb-23 | US Michigan Consumer Sentiment Preliminary, February | US | Latest: / Previous: 64.9 | | 10-Feb-23 | UK GDP Growth Rate Preliminary, Q4 | UK | Latest: / Previous: 1.9% | | 10-Feb-23 | India Industrial Production, December | India | Latest: / Previous: 7.1% | | 10-Feb-23 | Indian Manufacturing Production, December | India | Latest: / Previous: 6.1% |
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| Source: CRISIL |
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