Global Indices
Global Indices 20-Mar Prev_Day Abs. Change
% Change
Russell 3000 1,867 1,857 9 0.50
Nasdaq 11,676 11,631 45 0.39
FTSE 7,404 7,335 68 0.93
Nikkei 26,946 27,334 -388 -1.42
Hang Seng 19,001 19,519 -518 -2.65
Indian Indices 20-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 57,629 57,990 -361 -0.62
Nifty 50 16,988 17,100 -112 -0.65
Nifty 100 16,853 16,965 -112 -0.66
Nifty 500 14,317 14,421 -104 -0.72
Nifty Bank 39,362 39,598 -236 -0.60
S&P BSE Power 3,615 3,643 -27 -0.75
S&P BSE Small Cap 26,899 27,168 -268 -0.99
S&P BSE HC 21,515 21,535 -20 -0.09
Date P/E Div. Yield P/E Div. Yield
20-Mar 21.84 1.26 20.02 1.47
Month Ago 23.05 1.20 21.04 1.41
Year Ago 25.60 0.96 22.23 1.20
Nifty 50 Top 3 Gainers
Company 20-Mar Prev_Day
% Change
HUL 2511 2447 2.61
BPCL 360 351 2.35
Indian Oil 81 79 1.64
Nifty 50 Top 3 Losers Domestic News
Company 20-Mar Prev_Day
% Change
Bajaj Finance 5551 5732 -3.17
Hindalco 386 397 -2.76
Wipro 367 377 -2.48
Advance Decline Ratio
BSE NSE
Advances 1072 611
Declines 2571 1692
Unchanged 109 70
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -24350
MF Flows** 38650
*20
th
Mar 2023; **10
th
Mar 2023
Economic Indicator
YoY(%) Current Year Ago
CPI
6.44%
(Feb-23)
6.07%
(Feb-22)
IIP
5.20%
(Jan-23)
2.00%
(Jan-22)
GDP
4.40%
(Dec-22)
5.20%
(Dec-21)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
21 March 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
-4.10%
(Oct-22)
6.30%
(Sep-22)
Quarter Ago
Inflow/Outflow
352
-1699
5.88%
(Nov-22)
• Indian equity markets fell as uncertainty over the health of the global
financial system weighed on the market sentiment. Weakness in the global
markets and concerns over rate hike by the U.S. Federal Reserve ahead of
the monetary policy outlook also contributed to the losses. However,
decline in crude oil prices restricted the downside.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.62% and 0.65%
to close at 57,628.95 and 16,988.40 respectively.
• The overall market breadth on BSE was weak with 1,072 scrips advancing
and 2,571 scrips declining. A total of 109 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE FMCG was the only gainer, up 0.6%. S&P
BSE Metal was the major loser, down 2.17% followed by S&P BSE
Commodities, down 1.31% and S&P BSE IT, down 1.28%.
• According to Minister of State for Finance, the gross NPA ratio of public
sector banks has considerably improved, falling from a peak of 14.6% in Mar
2018 to 5.53% in Dec 2022. All PSBs are in profit, with an overall profit of Rs
66,543 crore in 2021–22 and Rs 70,167 crore in the first nine months of the
current fiscal year.
• As per media reports, India will spend about $12 billion on airports in next
two years with airline orders for hundreds of new planes to satisfy a
resurgent travel demand. By 2025, the aviation industry hopes to increase
the number of airports from the present 148 to 220.
• According to the Ministry of Agriculture and Farmers Welfare, an MoU was
inked between the agriculture and farmers welfare ministry and the World
Food Programme (WFP) during the global millets conference. The aim of the
MoU is fostering food self-sufficiency and supporting international and
national efforts that ensure lasting solutions to the issue of hunger.
• As per the data by the Directorate General of Civil Aviation (DGCA), India's
domestic air passenger flow increased by 56.82% to 1.20 crore in Feb 2023
in comparison to the same month last year. In February 2022, 76.96 lakh
passengers had traveled on local routes by all domestic carriers combined.
• The PepsiCo Foundation announced it would contribute USD 4,000,000 in
collaboration with the Pandit Jagat Ram Memorial FORCE Trust to extend
its program for sustainable sanitation and safe water access in Uttar
Pradesh.
• The Renault Nissan Alliance has signed a pact with Kamarajar Port Ltd (KPL)
to set up for the sale of vehicles made at their nearby joint venture, Renault
Nissan Automotive India Pvt Ltd (RNAIPL). At this point, the Alliance has
shipped over 1.15 million automobiles from Kamarajar Port to roughly 108
different countries.

https://mf.nipponindiaim.com

• Asian markets fell due to indications of a worsening financial crisis,
persistent worries about a global recession, and concern about a U.S.
Federal Reserve meeting this week. Today (as on Mar 21), Asian equity
markets mostly rose following gains in the U.S. equity market as concerns
over the ongoing crisis in the global banking sector eased to some extent
While Nikkei fell 1.42%, Hang Seng rose 0.64% (as at 8 a.m. IST).
• European equity markets rose as central banks and governments across the
world took steps to address the ongoing turmoil in the global banking
sector. Market sentiments were further boosted after the European Central
Bank chief assured that banks in euro zone have capital and liquidity levels
well beyond their requirements.
• U.S. equity markets rose as concerns over the ongoing turmoil in the global
banking sector eased to some extent after the U.S. Federal Reserve
announced it has joined with other central banks around to world to take
coordinated action to enhance the provision of liquidity via the standing U.S.
dollar liquidity swap line arrangements.
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21 March 2023
Derivative Statistics- Nifty Options
Disclaimer:
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and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since Nippon Life India Asset
Management Limited (NAM India) has not independently verified the accuracy or authenticity of such information or data, or for that matter the reasonableness of the assumptions upon which such data and information
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material.
• Nifty Mar 2023 Futures stood at 17,028.90, a premium of 40.50 points above
the spot closing of 16,988.40. The turnover on NSE’s Futures and Options
segment fell to Rs. 2,42,535.77 crore on Mar 20, 2023, compared with Rs.
2,46,816.59 crore on Mar 17, 2023.
• The Put-Call ratio stood at 0.99 compared with the previous session’s close
of 0.94.
• The Nifty Put-Call ratio stood at 0.83 compared with the previous session’s
close of 0.88.
• Open interest on Nifty Futures stood at 16.28 million, compared with the
previous session’s close of 15.32 million.
• Bond yields fell tracking decline in the U.S. Treasury yields. Also, lower
possibility of a rate hike by the U.S. Federal Reserve also added to the gains.
• Yield on the 10-year benchmark paper (7.26% GS 2032) eased 1 bps to close
at 7.34% compared with the previous close of 7.35%.
• National Housing Bank accepted bids worth Rs. 1900 crore for bonds
maturing in three years and 10 days at a coupon of 7.77%
• The Indian rupee in the spot trade fell against the U.S. dollar following
decline in domestic as well as global equity market. However, decline in
crude oil prices restricted the fall.
• Euro rose against the U.S. dollar as investors bet the U.S. Federal Reserve
might not hike rates as much as initially anticipated in the wake of the
banking crisis.
• Gold prices fell as concerns over the ongoing crisis in the global banking
sector eased to some extent.
• Brent crude oil prices fell on worries that the ongoing turmoil in the global
banking sector may lead to recession and slowdown in global growth.
• According to Eurostat data, due to faster falling imports than falling exports,
the trade imbalance in the eurozone decreased at the beginning of the year
• The People's Bank of China kept its base lending rate at 3.65% for the
seventh consecutive month. In a similar vein, the standard five-year LPR for
mortgage rates remained at 4.30%.
• According to property website, the U.K. house prices increased with a market
growth of 0.8% in Mar 2023 monthly due to a jump in the larger home top-
of-the-ladder sector. The 1.2% rise in larger home prices was the primary
factor driving the total inflation in house prices.
• As per the statistical office, Malaysia's trade surplus fell to MYR 19.56 billion
in Feb 2023 from MYR 19.81 billion in the same month a year ago.
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