Global Indices
Global Indices 28-Mar Prev_Day Abs. Change
% Change
Russell 3000 1,875 1,882 -7 -0.36
Nasdaq 11,716 11,769 -53 -0.45
FTSE 7,484 7,472 12 0.17
Nikkei 27,518 27,477 41 0.15
Hang Seng 19,785 19,568 217 1.11
Indian Indices 28-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 57,614 57,654 -40 -0.07
Nifty 50 16,952 16,986 -34 -0.20
Nifty 100 16,795 16,849 -54 -0.32
Nifty 500 14,212 14,263 -51 -0.36
Nifty Bank 39,568 39,431 137 0.35
S&P BSE Power 3,553 3,587 -34 -0.96
S&P BSE Small Cap 26,159 26,366 -207 -0.79
S&P BSE HC 21,662 21,718 -57 -0.26
Date P/E Div. Yield P/E Div. Yield
28-Mar 21.90 1.26 19.97 1.47
Month Ago 22.45 1.23 20.39 1.44
Year Ago 25.38 0.97 22.14 1.19
Nifty 50 Top 3 Gainers
Company 28-Mar Prev_Day
% Change
IndusInd Bank 1036 1013 2.30
United Phos 715 701 2.00
Dr.Reddy 4527 4486 0.92
Nifty 50 Top 3 Losers Domestic News
Company 28-Mar Prev_Day
% Change
Adani Ports & SEZ 593 629 -5.67
Tech Mahindra 1070 1103 -2.96
Hero Moto 2250 2309 -2.56
Advance Decline Ratio
BSE NSE
Advances 991 595
Declines 2560 1701
Unchanged 93 63
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -28993
MF Flows** 53380
*28
th
Mar 2023; **24
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.
29 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
1716
-623
5.88%
(Nov-22)
• Indian equity markets witnessed another volatile session and closed with
marginal loss as one of market heavy weights hit lower circuit limits which
dampened the market sentiments. Investors remained concerned due to
hike in transaction taxes on futures and options trade. However, supportive
global cues coupled with ease in concerns over the global banking crisis,
restricted the downside.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.07% and 0.2% to
close at 57,613.72 and 16,951.70 respectively.
• The overall market breadth on BSE was weak with 991 scrips advancing and
2,560 scrips declining. A total of 93 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 0.33%
followed by S&P BSE Financial Services, up 0.25% and S&P BSE Metal, up
0.24%. S&P BSE Telecommunication was the major loser, down 1.6%
followed by S&P BSE Realty, down 1.17% and S&P BSE Utilities, down 1.06%.
• According to a media report, the Employees' Provident Fund Organization
set the interest rate on deposits made to the EPF at 8.15% for the fiscal
years 2022–2023 and subsequent. The interest rate on EPF had been
reduced by EPFO from 8.5% in 2020–21 to over a four-decade low of 8.1%
in Mar 2022.
• According to a report by the World Bank, India's potential economic growth
could be boosted if the government moves more quickly to execute its
ambitious reform agenda. The study emphasised the need to increase the
banking sector's efficiency and breadth.
• According to a media report, India is preparing Ayushman Bharat 2.0, which
will serve 400 million people with middle-class incomes. To provide health
coverage to this segment of the populace, the Niti Aayog and the health
ministry are developing the plan's general parameters.
• According to data by a rating agency, in India, toll road operators can
anticipate a substantial 16–18% increase in revenue between 2022 and
2023. The revenue increase in FY24 will remain strong but at a lower rate of
9–11%.
• IMK Capital recently disclosed its $500 million stake in AVPL. With the help
of this strategic investment, AVPL will be able to advance its growth and
expanding goals, support its R&D initiatives, and improve its product line.
• The Microsoft Power Platform line of business and QualityKiosk
Technologies are pleased to announce their strategic collaboration. With
the help of the Microsoft Power Platform, QualityKiosk Technologies will be
able to advance their knowledge and expand their low-code, no-code
cognitive, and intelligent automated solutions for clients.
• Asian markets rose as concern over the banking crisis subsided. Also, top
Chinese officials vowed to continue welcoming foreign investment despite
challenges from the economy and geopolitics. Today (as on Mar 29), Asian
markets opened on mixed note followed by the news related to one of the
leading Chinese tech stocks that will spilt into groups. Today (as on Mar 29),
Asian markets opened on mixed note followed by the news related to one
of the leading Chinese tech stocks that will spilt into groups. Both Nikkei
and Hang Seng rose by 0.37% and 2.47% respectively (as at 8 a.m. IST).
• European equity markets closed with marginal gains as investors remained
cautious ahead of the fresh updates on the banking sector front.
Additionally, the manufacturing confidence index in France declined for the
first time in last four months, which restricted the upside.
• US equity markets closed lower followed by the ongoing concerns over the
monetary policy outlook by the U.S. Federal Reserve. Investors also looking
ahead for further updates on the banking sector turmoil and some of the
key economic data. Further, rise of the ten-year yield also added volatility in
the market.
Markets for You
FII Derivative Trade Statistics 28-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 11936.15 8687.25 19823.21
Index Options 1493548.90 1479245.83 286487.46
Stock Futures 63072.22 61464.86 145536.00
Stock Options 13428.26 13467.28 11542.88
Total 1581985.53 1562865.22 463389.55
28-Mar Prev_Day
Change
Put Call Ratio (OI) 0.80 0.85 -0.05
Put Call Ratio(Vol) 0.98 0.99 -0.01
28-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 6.63% 6.65% 6.65% 3.29%
T-Repo 6.70% 6.65% 6.60% 3.27%
Repo 6.50% 6.50% 6.50% 4.00%
Reverse Repo 3.35% 3.35% 3.35% 3.35%
91 Day T-Bill 6.57% 6.73% 6.88% 3.74%
364 Day T-Bill 7.27% 7.21% 7.31% 4.57%
10 Year Gilt 7.32% 7.34% 7.46% 6.84%
G-Sec Vol. (Rs.Cr) 34982 30191 21692 21022
FBIL MIBOR 6.80% 6.75% 6.70% 3.45%
3 Month CP Rate 7.75% 7.40% 7.62% 4.25%
5 Year Corp Bond 8.00% 7.89% 7.87% 6.92%
1 Month CD Rate 7.05% 6.63% 6.88% 3.89%
3 Month CD Rate 7.68% 7.26% 7.52% 3.97%
1 Year CD Rate 7.73% 7.75% 7.87% 4.84%
Currency 28-Mar Prev_Day
Change
USD/INR 82.21 82.36 -0.15
GBP/INR 101.25 100.68 0.58
EURO/INR 88.90 88.58 0.32
JPY/INR 0.63 0.63 0.00
Commodity 28-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 73.07 69.40 76.88 107.30
Brent Crude($/bl) 77.92 74.51 83.56 121.33
Gold( $/oz) 1974 1940 1827 1923
Gold(Rs./10 gm) 58765 58960 55320 51584
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
29 March 2023
Derivative Statistics- Nifty Options
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material.
• Nifty Mar 2023 Futures stood at 16,970.60, a premium of 18.90 points above
the spot closing of 16,951.70. The turnover on NSE’s Futures and Options
segment fell to Rs. 1,96,315.48 crore on March 28, 2023, compared with Rs.
2,39,888.17 crore on March 27, 2023.
• The Put-Call ratio stood at 1.01 compared with the previous session’s close
of 0.98.
• The Nifty Put-Call ratio stood at 0.8 compared with the previous session’s
close of 0.85.
• Open interest on Nifty Futures stood at 16.57 million, compared with the
previous session’s close of 16.92 million.
• Bond yields rose after large auction of state development loans, weighed on
sentiment. Meanwhile market focus shifted to government’s borrowing plan
for the first half of FY24 (Apr-Sep).
• Yield on the 10-year benchmark paper (7.26% GS 2032) rose 2 bps to close at
7.32% as compared to the previous close of 7.30%.
• Reserve Bank of India conducted the auction of government securities for
sixteen states for a notified amount of Rs. 42,713.72 crore for which Rs.
41,213.72 crore was accepted. Gujarat has not accepted any amount in the
10-year security. Tamil Nadu has not accepted any amount in the 10-year
security. West Bengal has accepted an additional amount of Rs. 500 Crore
each in the 17-year and 19-year security. The cut off yield ranged from 7.49%
to 7.97%. The lowest yield was witnessed in case of Gujarat and the highest
yield was witnessed in case of Punjab.
• The Indian rupee in the spot trade rose against the U.S. dollar following weak
greenback in the overseas market.
• Euro rose against the U.S. dollar as demand for safe haven assets decreased
after concerns about banking crisis subsided.
• Gold prices increased as the U.S. dollar declined and U.S. Treasury yields
remained unchanged.
• Brent crude oil prices rose following the previous day's significant increase
due to supply worries and decreasing concerns about the banking crisis.
• According to data from the British Retail Consortium, Mar 2023 saw another
record rise in shop prices in the U.K. because of historically rising prices for
both food and non-food items. Faster than in Feb 2023 (8.4%), the BRC-
NielsenIQ store price index rose 8.9% year over year in Mar 2023.
• According to the Australian Bureau of Statistics, Australia's total retail
revenue increased by 0.2% on a month-over-month basis in Feb 2023 after
being seasonally adjusted. That decreased from 1.9% in Jan 2023 and went
above the forecast of a 0.1% rise.
• According to the survey of Istat, Italy's consumer trust increased for the
second consecutive month in Mar 2023. The consumer sentiment indicator
increased from 104.0 in Feb 2023 to 105.1 in Mar 2023.
Markets for You
