Global Indices
Global Indices 14-Mar Prev_Day Abs. Change
% Change
Russell 3000 2,636 2,637 -1 -0.05
Nasdaq 16,129 16,178 -49 -0.30
FTSE 7,743 7,772 -29 -0.37
Nikkei 38,807 38,696 111 0.29
Hang Seng 16,962 17,082 -120 -0.71
Indian Indices 14-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 73,097 72,762 335 0.46
Nifty 50 22,147 21,998 149 0.68
Nifty 100 22,624 22,399 225 1.00
Nifty 500 19,916 19,646 270 1.37
Nifty Bank 46,790 46,981 -191 -0.41
S&P BSE Power 6,419 6,237 183 2.93
S&P BSE Small Cap 41,907 40,642 1,265 3.11
S&P BSE HC 34,192 33,736 457 1.35
Date P/E Div. Yield P/E Div. Yield
14-Mar 24.99 1.12 22.86 1.21
Month Ago 24.54 1.14 22.59 1.24
Year Ago 21.89 1.26 20.08 1.46
Nifty 50 Top 3 Gainers
Company 14-Mar Prev_Day
% Change
Adani Ports & SEZ 1268 1210 4.82
Indian Oil 170 163 4.29
Hero Moto 4675 4512 3.62
Nifty 50 Top 3 Losers Domestic News
Company 14-Mar Prev_Day
% Change
Axis Bank 1058 1080 -2.05
IndusInd Bank 1477 1503 -1.72
JSW Steel 785 793 -0.95
Advance Decline Ratio
BSE NSE
Advances 2679 2022
Declines 1197 556
Unchanged 82 53
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 16620
MF Flows** 54166
*14
th
Mar 2024; **13
th
Mar 2024
Economic Indicator
YoY(%) Current Year Ago
CPI
5.09%
(Feb-24)
6.44%
(Feb-23)
IIP
3.80%
(Jan-24)
5.80%
(Jan-23)
GDP
8.40%
(Dec-23)
4.30%
(Dec-22)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
15 March 2024
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
11.90%
(Oct-23)
8.10%
(Sep-23)
Quarter Ago
Inflow/Outflow
-292
14582
5.55%
(Nov-23)
• Indian equity markets rebounded from yesterday’s losses and closed with
significant gains. The key benchmark indices witnessed sharp recovery after
opening lower supported by all-round buying across the sectors. Mid-cap &
small-cap indices also rose as bargaining strategy was witnessed among the
investors to accumulate the stocks following the recent fall. Ease in
domestic wholesale inflation in Feb 2024 also aided to boost the sentiment.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.46% and
0.68% to close at 73,097.28 and 22,146.65 respectively.
• The overall market breadth on BSE was strong with 2,679 scrips advancing
and 1,197 scrips declining. A total of 82 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecommunication was the major
gainer, up 3.81% followed by S&P BSE Utilities, up 3.38% and S&P BSE Oil &
Gas, up 3.11%. S&P BSE Bankex was the only loser, down 0.45%.
• India’s wholesale price index (WPI) based inflation eased to 0.20% YoY in
Feb 2024 as compared to 0.27% in Jan 2024. Positive rate of inflation in Feb
2024 is primarily due to increase in prices of food articles, crude petroleum
& natural gas, electricity, machinery & equipment and motor vehicles.
• The Indian government and the Asian Development Bank signed a USD 23
million loan agreement in order to improve access to high-quality fintech
education, research, and innovation at the Gujarat International Finance Tec-
City.
• The government announced that oil marketing companies have lowered the
pump prices of petrol and diesel after a record 22 months by Rs. 2 per litre
w.e.f. Mar 15, 2024.
• BluSmart, an electric vehicle (EV) ride-hailing service and network of EV
charging infrastructure in India, has announced that it has reached a
significant milestone of 7,000 EVs in its fleet. With this accomplishment,
BluSmart is now the owner of the biggest fleet in Southeast Asia, which
includes the Tata Tigor EV, MG ZS EV, and BYD E6.
• The Indian information technology (IT) services company, Tata Consultancy
Services (TCS) will carry out a multi-million dollar cloud transformation
project for Nuuday, a Danish digital connection and communications
provider.

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• Asian equity markets closed on a mixed note as investors were waiting for
clues on inflation and interest rates from the release of U.S. producer price
inflation, retail sales, and jobless claims data, which were scheduled for later
in the day. The Hong Kong market fell ahead of earnings announcements
next week. However, the Japanese market rose ahead of next week's Bank
of Japan policy meeting. Today (as on Mar 15), Asian markets fell after
producer prices in the U.S. grew faster than expected in Feb 2024. Both
Nikkei and Hang Seng fell by 0.35% and 1.75% (as at 8 a.m. IST).
• European equity markets fell after information indicating a greater than
anticipated rise in U.S. producer prices caused some doubt over the
trajectory of interest rates. Early in the trade, there was some support for
stocks due to expectations that the European Central Bank will likely cut
interest rates in the spring.
• U.S. equity markets fell on worries that strong inflation data will force the
U.S. Federal Reserve to further delay its first interest rate cut. The market
fell further after the Labor Department published a report before the start
of trade that indicated producer prices rose in Feb 2024 by far more than
anticipated.
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15 March 2024
Derivative Statistics- Nifty Options
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material.
• Nifty Mar 2024 Futures stood at 22,264.55, a premium of 117.90 points
above the spot closing of 22,146.65. The turnover on NSE’s Futures and
Options segment fell to Rs.6,976.50 crore on March 14, 2024, compared
with Rs. 5,90,870.96 crore on March 13, 2024.
• The Put-Call ratio stood at 0.96 compared with the previous session’s close
of 1.
• The Nifty Put-Call ratio stood at 0.95 compared with the previous session’s
close of 0.65.
• Open interest on Nifty Futures stood at 16.18 million, compared with the
previous session’s close of 15.48 million.
• Bond yields remained steady as market participants refrained from taking
large positions amid a rise in U.S. Treasury yields ahead of the U.S. Federal
Reserve's monetary policy announcement next week.
• Yield on the 10-year benchmark paper (7.18% GS 2033) was unchanged to
close at 7.04% as compared to the previous close.
• RBI conducted the auction of Overnight Variable Rate Reverse Repo for the
notified amount of Rs. 50,000 crore for which amount of Rs. 39,670 crore
was accepted and the cut-off yield stood at 6.49%.
• According to media reports, Indian Renewable Energy Development Agency
Ltd. has raised Rs. 447 crore from bonds due May 18, 2029 at 7.57%.
• The Indian rupee in the spot trade rose against the U.S. dollar following rise
of most Asian peers.
• Euro fell against the U.S. dollar after a larger-than-expected rise in Feb 2024
U.S. producer price index (PPI) cooled expectations of early rate cuts by the
U.S. Federal Reserve.
• Gold prices fell as the U.S. dollar traded higher following a higher-than-
expected increase in Feb 2024 U.S. producer pricing index (PPI), which
dampened anticipation of an early U.S. Federal Reserve rate decrease.
• Brent crude oil prices rose as the International Energy Agency (IEA) raised
upward its global demand growth forecast.
• According to Eurostat, eurozone’s industrial output fell 3.2% on a monthly
basis in Jan 2024, reversing Dec's 2023 1.6% increase. This was the first
decrease in three months and also came in weaker than economists' forecast
of 1.5% fall.
• According to the Labor Department, U.S. producer price index for final
demand climbed by 0.6% in Feb 2024 after rising by 0.3% in Jan 2024.
Economists had expected producer prices to rise by another 0.3%.
• According to the Labor Department, U.S. initial jobless claims slipped to
209,000 in the week ended Feb 9th 2024, a decrease of 1,000 from the
previous week's revised level of 210,000.
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