Global Indices
Global Indices 21-Feb Prev_Day Abs. Change
% Change
Russell 3000 1,840 1,884 -44 -2.35
Nasdaq 11,492 11,787 -295 -2.50
FTSE 7,978 8,014 -37 -0.46
Nikkei 27,473 27,532 -59 -0.21
Hang Seng 20,529 20,887 -357 -1.71
Indian Indices 21-Feb Prev_Day Abs. Change
% Change
S&P BSE Sensex 60,673 60,692 -19 -0.03
Nifty 50 17,827 17,845 -18 -0.10
Nifty 100 17,604 17,627 -23 -0.13
Nifty 500 14,914 14,939 -25 -0.17
Nifty Bank 40,674 40,702 -28 -0.07
S&P BSE Power 3,409 3,377 32 0.96
S&P BSE Small Cap 27,914 28,002 -88 -0.31
S&P BSE HC 22,086 22,143 -58 -0.26
Date P/E Div. Yield P/E Div. Yield
21-Feb 23.02 1.20 21.01 1.38
Month Ago 23.43 1.17 21.46 1.36
Year Ago 25.49 0.96 22.12 1.29
Nifty 50 Top 3 Gainers
Company 21-Feb Prev_Day
% Change
NTPC 173 168 3.19
Britannia Industries Limited 4503 4454 1.11
RIL 2434 2414 0.82
Nifty 50 Top 3 Losers Domestic News
Company 21-Feb Prev_Day
% Change
Coal India 214 218 -1.95
Bajaj Auto 3837 3904 -1.71
Tata Motors 437 443 -1.47
Advance Decline Ratio
BSE NSE
Advances 1411 835
Declines 2046 1389
Unchanged 140 98
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -31133
MF Flows** 27609
*21
st
Feb 2023; **15
th
Feb 2023
Economic Indicator
YoY(%) Current Year Ago
CPI
6.52%
(Jan-23)
6.01%
(Jan-22)
IIP
4.30%
(Dec-22)
1.00%
(Dec-21)
GDP
6.30%
(Sep-22)
8.40%
(Sep-21)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
22 February 2023
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
3.30%
(Sep-22)
13.50%
(Jun-22)
Quarter Ago
Inflow/Outflow
48
470
6.77%
(Oct-22)
• Indian equity markets oscillated between gains and losses and settled with
marginal loss as investors remained worries on concerns for interest rate
hike by the U.S. Federal Reserve. Negative cues from the global markets also
weighed on the market sentiments. Further, FIIs turning net sellers also
added volatility in the market.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.03% and 0.1% to
close at 60,672.72 and 17,826.70 respectively.
• The overall market breadth on BSE was weak with 1,411 scrips advancing
and 2,046 scrips declining. A total of 144 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Power was the major gainer, up 0.96%
followed by S&P BSE Utilities, up 0.73% and S&P BSE Capital Goods, up
0.23%. S&P BSE Realty was the major loser, down 1.03% followed by S&P
BSE IT, down 0.83% and S&P BSE Teck, down 0.82%.
• According to labour ministry, retail inflation for farm and rural workers rose
to 6.85% and 6.88% in Jan 2023 as against 6.38% and 6.60%, respectively, in
Dec 2022. The rise came mainly due to higher prices of certain food items.
• According to the International Monetary Fund, this year, it is anticipated
that China and India would account for more than half of global growth,
with another quarter coming from the rest of Asia. Positive trends have also
been seen in the Indian economy, which over the past two years has
experienced some of the greatest growth rates worldwide.
• According to a report by the Reserve Bank of India Researchers, both the
acquirer and the acquired have profited from bank mergers. While the deals
increased the efficiency of the acquiring banks, they also increased the value
of the acquired firms' shareholders.
• According to the finance minister, the government and Reserve Bank of
India have taken many measures to reduce inflation and will continue to do
so to keep it within expected bounds. She continued by saying that whereas
most central banks in affluent nations coordinate increases in interest rates,
the RBI gives far more thought to the goals of the Indian economy and
makes decisions in accordance with those goals.
• The NTPC Green Energy Limited (NGEL) has issued an invitation for a term
loan up to Rs. 9,000 crore. By Mar 2023, NGEL plans to borrow further
money to pay off its existing debt of Rs. 8,200 crore to NTPC.
• HSBC reported a 15.04% rise in its pre-tax profit from operations in India at
USD 1.277 billion for 2022 as against pre-tax profit of USD 1.11 billion from
its operations in India in 2021.
• Asian markets mostly fell as geopolitical tensions intensified and investors
awaited the U.S. Federal Reserve minutes from the most recent monetary
policy meeting for further clues. Today (as on Feb 22), Asian markets
opened on a lower note ahead of the key economic data across the region.
Both Nikkei and Hang Seng index fell 1.01% and 0.71% (as at 8 a.m. IST),
respectively.
• European markets fell over ongoing concerns about the outlook for U.S.
interest rates. Geopolitical tensions also were on investors' radar following
U.S. President’s trip to Kyiv and Russian President’s speech on the Ukraine
war.
• U.S. market fell strongly partially reflecting ongoing concerns about the
outlook for interest rates amid a surge in the U.S. Treasury yields.
Markets for You
FII Derivative Trade Statistics 21-Feb
(Rs Cr) Buy
Sell Open Int.
Index Futures 4757.41 5446.65 14703.97
Index Options 1126362.78 1121665.19 260081.20
Stock Futures 56423.58 55698.37 147680.06
Stock Options 14681.73 14439.42 14701.06
Total 1202225.50 1197249.63 437166.29
21-Feb Prev_Day
Change
Put Call Ratio (OI) 0.83 0.74 0.09
Put Call Ratio(Vol) 1.02 1.02 0.00
21-Feb Wk. Ago Mth. Ago
Year Ago
Call Rate 6.58% 6.38% 6.27% 3.33%
T-Repo 6.51% 6.28% 6.24% 3.48%
Repo 6.50% 6.50% 6.25% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 6.78% 6.65% 6.41% 3.66%
364 Day T-Bill 7.00% 7.12% 6.89% 4.45%
10 Year Gilt 7.39% 7.37% 7.35% 6.69%
G-Sec Vol. (Rs.Cr) 20313 37335 34289 13879
FBIL MIBOR 6.64% 6.42% 6.29% 3.48%
3 Month CP Rate 7.42% 7.35% 7.25% 4.20%
5 Year Corp Bond 7.78% 8.25% 7.79% 6.60%
1 Month CD Rate 6.75% 6.62% 6.60% 3.63%
3 Month CD Rate 7.39% 7.26% 7.15% 3.89%
1 Year CD Rate 7.73% 7.72% 7.71% 4.73%
Currency 21-Feb Prev_Day
Change
USD/INR 82.76 82.69 0.07
GBP/INR 99.56 99.57 -0.02
EURO/INR 88.32 88.41 -0.09
JPY/INR 0.62 0.62 0.00
Commodity 21-Feb Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 76.23 79.03 81.22 91.21
Brent Crude($/bl) 82.46 84.96 88.29 102.24
Gold( $/oz) 1834 1854 1927 1906
Gold(Rs./10 gm) 56175 56959 56770 49899
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 February 2023
Derivative Statistics- Nifty Options
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material.
• Nifty Feb 2023 Futures stood at 17,840.10, a premium of 13.40 points above
the spot closing of 17,826.70. The turnover on NSE’s Futures and Options
segment fell to Rs. 2,64,606.01 crore on February 21, 2023, compared with
Rs. 3,08,613.76 crore on February 20, 2023.
• The Put-Call ratio stood at 1.03 compared with the previous session’s close
of 1.02.
• The Nifty Put-Call ratio stood at 0.83 compared with the previous session’s
close of 0.74.
• Open interest on Nifty Futures stood at 11.99 million, compared with the
previous session’s close of 11.71 million.
• Bond yields rose as a fresh sale of debt from states added to the overall
supply. Market participants also remained on the side-lines as they awaited
the minutes of the central bank's latest monetary policy.
• Yield on the 10-year benchmark paper (7.26% GS 2032) rose 2 bps to close at
7.39% compared with the previous close of 7.37%.
• Reserve Bank of India conducted the auction of government securities for
eleven states for a notified amount of Rs. 20,737 crore for which the amount
accepted stood at Rs. 19,237 crore. The cut off rate ranged from 7.53% to
7.71%. Tamil Nadu witnessed the minimum yield while Andhra Pradesh
witnessed the maximum yield. Assam has not accepted any amount in the
10-year security. Himachal Pradesh has not accepted any amount in the 9-
year security. Punjab has not accepted any amount in the 17-year security
and has accepted an additional amount of Rs. 500 Crore in the 16-year
security.
• The Indian rupee in the spot market traded in a narrow range ahead of the
release of the minutes of the U.S. Federal Reserve meeting.
• Euro fell against the U.S. dollar supported by strong U.S. manufacturing PMI
data for Feb 2023.
• Gold prices fell as the U.S. dollar index gained and bond yields rose while
investors awaited for more U.S. economic data.
• Brent crude oil prices fell on concerns of global economic slowdown that
would reduce demand.
• According to the Office for National Statistics, the U.K. government budget
surplus fall sharply in Jan 2023 due to greater interest payments and
significant spending on energy support schemes. In Jan 2023, the public
sector's net borrowing was GBP 5.42 billion, which was less than the GBP
12.51 billion in the previous year.
• According to a flash survey by S&P Global, Japan's private sector activity
continued to expand steadily in Feb 2023 despite a significant decline in
industrial output. The flash au Jibun Bank composite output index remained
unchanged at 50.7 in Feb.
• According to flash survey by S&P Global, eurozone flash composite output
index rose more than expected to 52.3 in Feb 2023 from 50.3 in Jan 2023.
Markets for You
