Global Indices
Global Indices 19-Mar Prev_Day Abs. Change
% Change
Russell 3000 2,906 2,863 43 1.52
Nasdaq 17,751 17,504 247 1.41
FTSE 8,707 8,705 1 0.02
Nikkei 37,752 37,845 -94 -0.25
Hang Seng 24,771 24,741 31 0.12
Indian Indices 19-Mar Prev_Day Abs. Change
% Change
BSE Sensex 75,449 75,301 148 0.20
Nifty 50 22,908 22,834 73 0.32
Nifty 100 23,468 23,340 128 0.55
Nifty 500 20,865 20,657 207 1.00
Nifty Bank 49,703 49,315 388 0.79
BSE Power 6,463 6,318 145 2.30
BSE Small Cap 46,010 45,031 978 2.17
BSE HC 40,986 40,477 509 1.26
Date P/E Div. Yield P/E Div. Yield
19-Mar 21.01 1.21 20.36 1.41
Month Ago 21.14 1.20 20.38 1.42
Year Ago 24.60 1.13 22.52 1.23
Nifty 50 Top 3 Gainers
Company 19-Mar Prev_Day
% Change
HDFC Std Life Insurance Co. Ltd. 665 641 3.75
Shree Cements Limited 28528 27825 2.53
Power Grid 277 271 2.36
Nifty 50 Top 3 Losers Domestic News
Company 19-Mar Prev_Day
% Change
Tech Mahindra 1396 1431 -2.41
TCS 3497 3552 -1.56
ITC 403 409 -1.48
Advance Decline Ratio
BSE NSE
Advances 2986 2332
Declines 1068 556
Unchanged 112 54
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -146470
MF Flows** 126941
*19
th
Mar 2025; **17
th
Mar 2025
Economic Indicator
YoY(%) Current Year Ago
CPI
3.61%
(Feb-25)
5.09%
(Feb-24)
IIP
5.00%
(Jan-25)
4.20%
(Jan-24)
GDP
6.20%
(Dec-24)
9.50%
(Dec-23)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 March 2025
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
3.70%
(Oct-24)
5.60%
(Sep-24)
Quarter Ago
Inflow/Outflow
4568
710
5.48%
(Nov-24)
• Indian equity markets extended its gains for the third consecutive day
supported by mixed global cues and renewed optimism over a potential
Russia-Ukraine truce. Meanwhile, investors have shifted their attention to
the U.S. Federal Reserve, which is anticipated to issue its latest policy
statement later today. It is broadly expected that the U.S. central bank will
maintain the current interest rates and provide an updated summary of
economic projections.
• Key benchmark indices BSE SENSEX and Nifty 50 gained 0.2% and 0.32% to
close at 75,449.05 and 22,907.60 respectively.
• The overall market breadth on BSE was strong with 2,986 scrips advancing
and 1,068 scrips declining. A total of 112 scrips remained unchanged.
• On the BSE sectoral front, Realty was the major gainer, up 2.75% followed
by Industrials, up 2.55% and Power, up 2.3%. Information Technology was
the major loser, down 0.83% followed by Fast Moving Consumer Goods,
down 0.43% and Teck, down 0.42%.
• The Union Cabinet has sanctioned a Rs. 1,500 crore incentive program to
encourage UPI transactions below Rs. 2,000 for small merchants, for the
period from Apr 1, 2024 to Mar 31, 2025. Small merchants will benefit from
a 0.15% incentive per transaction, with no Merchant Discount Rate applied.
This initiative is designed to bolster local businesses and enhance digital
payment adoption nationwide.
• The Union Cabinet, under the leadership of the Prime Minister, has
sanctioned the Revised National Program for Dairy Development,
allocating an increased budget of Rs. 2790 crore for the period 2021-2026.
This initiative is designed to modernize and expand dairy infrastructure,
enhance market access, boost farmers' incomes, and create employment
opportunities.
• The Cabinet Committee on Economic Affairs has approved the construction
of a six-lane, access-controlled greenfield highway in Maharashtra. This
project, costing Rs. 4500.62 crore, will be developed on a build, operate,
and transfer (BOT) basis. The highway will span 29.219 km from JNPA Port
(Pagote) to Chowk, aiming to enhance connectivity and improve logistics
efficiency between JNPA Port and Navi Mumbai International Airport.
• Tata Consultancy Services (TCS) has entered into a five-year collaboration
with Air New Zealand aimed at upgrading the airline's digital infrastructure
and establishing it as a leader in artificial intelligence (AI)-driven innovation.
• IndiGo is gearing up to broaden its international reach through long-haul
flights, prioritizing the enhancement of partnerships with foreign airlines,
while membership in an airline alliance is not currently a focus.
• Asian equity markets closed on a mixed note as Middle East tensions
escalated and investors awaited the U.S. Federal Reserve's projections for
economic growth. The Japanese market experienced a decline due to
worries about the effects of trade tensions on the global economy. Today
(as on March 20), Asian markets opened higher followed the U.S. Federal
Reserve’s decision to hold interest rates steady. Both Nikkei and Hang Seng
fell by 0.25% and 2.23% respectively (as at 8 a.m. IST).
• European equity markets mostly rose as investors adopted a cautious
approach in anticipation of the U.S. Federal Reserve's policy announcement
scheduled for Mar 19, 2025. Concerns regarding geopolitical tensions and
the potential impact of U.S. tariffs, along with the possibility of additional
levies, contributed to a subdued market sentiment.
• The U.S. equity markets rose after the monetary policy announcement
made by the U.S. Federal Reserve on Mar 19, 2025. Additionally, the U.S.
Federal Reserve has confirmed its anticipated choice to keep interest rates
steady, opting to sustain the target range for the federal funds rate at 4.25
to 4.50%.
Markets for You
FII Derivative Trade Statistics
19-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 7580.59 2819.24 43337.62
Index Options 2064627.70 2119476.06 493249.38
Stock Futures 19798.80 16496.78 336751.73
Stock Options 62589.80 61771.28 78204.05
Total 2154596.89 2200563.36 951542.78
19-Mar Prev_Day
Change
Put Call Ratio (OI) 1.20 1.29 -0.09
Put Call Ratio(Vol) 0.96 0.98 -0.02
19-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 6.37% 6.27% 6.35% 6.51%
T-Repo 6.20% 6.13% 6.25% 6.34%
Repo 6.25% 6.25% 6.25% 6.50%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 6.47% 6.47% 6.45% 6.85%
364 Day T-Bill 6.53% 6.55% 6.55% 7.07%
10 Year Gilt 6.66% 6.68% 6.69% 7.10%
G-Sec Vol. (Rs.Cr) 73438 52122 41461 42107
FBIL MIBOR 6.45% 6.34% 6.40% 6.65%
3 Month CP Rate 7.58% 7.63% 7.47% 7.60%
5 Year Corp Bond 7.34% 7.36% 7.43% 7.68%
1 Month CD Rate 7.93% 6.69% 6.89% 7.07%
3 Month CD Rate 7.61% 7.59% 7.44% 7.65%
1 Year CD Rate 7.60% 7.70% 7.62% 7.71%
Currency 19-Mar Prev_Day
Change
USD/INR 86.50 86.67 -0.17
GBP/INR 112.28 112.45 -0.17
EURO/INR 94.49 94.55 -0.06
JPY/INR 0.58 0.58 0.00
Commodity 19-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 67.30 67.55 72.43 84.29
Brent Crude($/bl) 72.85 73.57 77.75 88.31
Gold( $/oz) 3047 2932 2933 2157
Gold(Rs./10 gm) 88288 85765 86360 65349
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
20 March 2025
Derivative Statistics- Nifty Options
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material.
• Nifty Mar 2025 Futures stood at 22,972.95, a premium of 65.35 points
above the spot closing of 22,907.60. The turnover on NSE’s Futures and
Options segment fell to Rs.7,035.68 crore on March 19, 2025, compared
with Rs. 4,30,942.80 crore on March 18, 2025.
• The NSE Put-Call ratio stood at 0.92 compared with the previous session’s
close of 0.94.
• The Nifty Put-Call ratio stood at 1.2 compared with the previous session’s
close of 1.29.
• Open interest on Nifty Futures stood at 19.89 million, compared with the
previous session’s close of 19.8 million.
• Bond yields declined as market participants responded favorably to the
Reserve Bank of India's strengthening commitment to maintaining liquidity.
• Yield on the 10-year benchmark paper (6.79% GS 2034) fell by 1 bps to close
at 6.66% as compared to the previous close of 6.67%.
• Data from Reserve Bank of India showed that reserve money grew 2.5% on a
yearly basis for the week ended Mar 14, 2025 compared to an increase of
7.8% in the same period of the previous year. The currency in circulation
grew 5.8% on a yearly basis for the week ended Mar 14, 2025 compared to
an increase of 3.7% in the same period of the previous year.
• The Indian rupee in spot trade rose against the U.S. dollar following a rise in
the domestic equities market.
• The euro fell against the U.S. dollar ahead of the U.S. central bank decision.
• Gold prices rose ahead of the U.S. monetary policy decision meetings.
• Brent crude oil prices (spot) rose despite ongoing uncertainty regarding
economic growth stemming from U.S. tariffs imposed on several key trading
partners and the potential for additional tariffs.
• The U.S. Federal Reserve has revealed its decision to keep interest rates
unchanged on 19th Mar 2025, following its second monetary policy meeting
of 2025. Further, the U.S. central bank has decided to maintain the target
range for the federal funds rate at 4.25 to 4.50% in support of its dual goals
of maximum employment and inflation at the rate of 2% over the longer run.
• According to Eurostat, Eurozone's harmonized index of consumer prices
increased by 2.3% YoY in Feb 2025, a deceleration compared to the 2.5% rise
observed in Jan 2025.
• According to the Energy Information Administration, the U.S. crude oil
inventories increased by 1.7 million barrels for the week ending Mar 14,
2025, following a rise of 1.4 million barrels in the prior week.
Markets for You
