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NIPUN - Daily News and Market Round-Up

EQUITY MARKET ROUNDUP (Source : NSE India, BSE India)

20 July 2021 Today 22 July 2021 Change
Nifty Fifty 15632.10 15824.05 191.95
Sensex 52198.51 52837.21 638.70
Nifty MidCap 100 27227.85 27538.35 310.50
Nifty SmallCap 100 10303.65 10454.80 151.15
Sensex P/E (Trailing) 31.38 31.75 0.37
Nifty Fifty P/E (Trailing) 27.89 28.22 0.33
Nifty MidCap 100 P/E (Trailing) 33.44 33.81 0.37
Nifty SmallCap 100 P/E (Trailing) 42.47 42.33 -0.14

DEBT MARKET ROUNDUP (Source : CCIL India)

(Weighted average yeild) 20 July 2021 22 July 2021 Change
Call Rates call rates 3.1986 3.2050 0.0064
Repo 3.2385 3.2551 0.0166
TREP 3.2497 3.2419 -0.0078
5.77 G-Sec 2030 6.2759 6.2971 0.0212
Market and Economy

Monsoon effect: Consumer sentiment turns corner in July, rural India upbeat

Data from CMIE shows cumulative consumer sentiments improved by 17% cent during the past three weeks in rural India while the increase was a modest 1.7% in urban India during the same period.

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Ahead of Market: 12 things that will decide stock action on Friday

Nifty50 on Thursday formed a strong bullish candle on the daily chart as it snapped a three-day losing streak and rallied. The index negated lower highs and lows of the last two sessions.

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India's smartphone market falls 13 pc sequentially in Q2 amid 2nd COVID wave: Canalys

"India was taken by surprise by its second wave, as the new COVID variant emerged and took hold quickly. For smartphone vendors, this was a wake-up call, and shows the importance of bolstering both online and offline presences equally," Canalys Analyst Sanyam Chaurasia said.

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Mercedes-Benz unveils 40 billion euro plan to go all-electric by 2030

To facilitate this shift from electric-first to electric-only, Benz unveiled a comprehensive plan which entails an investment of over 40 billion Euros into battery electric vehicles between 2022 and 2030.

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Wall Street ekes out gains, led by tech, growth stocks

Megacap tech and tech-adjacent stocks, such as Microsoft Corp, Amazon.com, Apple Inc, Facebook Inc and Alphabet Inc, rose ahead of their quarterly results next week, putting the Nasdaq out front. All three major U.S. stock indexes ended the session within 1% of their record closing highs. Growth stocks, which outperformed throughout the health crisis, were back in favor, gaining 0.8%, while the value index slipped by 0.5%.

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RBI working on digital currency, pilot projects likely in near future: Dy Guv

Introduction of CBDC, he said, has the potential to provide significant benefits such as reduced dependency on cash, higher seigniorage due to lower transaction costs and reduced settlement risk.

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Sebi examining feasibility of corporate bond ETF: Ajay Tyagi

Investor flows into financial markets through ETFs has witnessed a gradual increase over the past few years. The proportion of ETF Assets Under Management (AUM) to total mutual fund AUM increased from 2% at end of FY16 to 9% at end of FY 21. From ?1.54 lakh crore at beginning of FY21, ETF AUM has almost doubled to ?2.9 lakh crore at end of FY21. Tyagi said Indian securities markets are entering a new era with several new-age tech companies preferring to list domestically.

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From Sensex to exports, how much have we scaled our economy in 30 years

Major economic reforms in the early 1990s changed the face of the Indian economy

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Road ministry built 13,327km of highways in FY21: Nitin Gadkari

Gadkari said, to mitigate COVID-19 pandemic effect, his ministry took initiatives under Atmanirbhar Bharat and provided several COVID-19 relief measures to contractors, concessionaires and consultants, including extension of time for 3-9 months.

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