Global Indices 31-Mar Prev_Day Abs. Change
Russell 3000 1,972 1,945 28 1.42
Nasdaq 13,247 13,045 201 1.54
FTSE 6,714 6,772 -58 -0.86
Nikkei 29,179 29,433 -254 -0.86
Hang Seng 28,378 28,578 -199 -0.70
Indian Indices 31-Mar Prev_Day Abs. Change
S&P BSE Sensex 49,509 50,137 -627 -1.25
Nifty 50 14,691 14,845 -154 -1.04
Nifty 100 14,807 14,936 -129 -0.86
Nifty 500 12,314 12,388 -74 -0.60
Nifty Bank 33,304 33,875 -571 -1.69
S&P BSE Power 2,475 2,509 -34 -1.35
S&P BSE Small Cap 20,649 20,543 106 0.52
S&P BSE HC 21,328 21,248 80 0.38
Date P/E Div. Yield P/E Div. Yield
31-Mar 34.36 0.73 33.20 0.96
Month Ago 33.86 0.74 39.65 1.09
Year Ago 17.81 1.47 19.38 1.77
Nifty 50 Top 3 Gainers
Company 31-Mar Prev_Day
GAIL 136 132 2.38
United Phos 642 628 2.21
Grasim Indus 1451 1423 1.96
Nifty 50 Top 3 Losers Domestic News
Company 31-Mar Prev_Day
HDFC Ltd. 2498 2606 -4.13
HDFC Bank 1494 1554 -3.87
Power Grid 216 221 -2.58
Advance Decline Ratio
Advances 1373 925
Declines 1513 1008
Unchanged 193 81
Institutional Flows (Equity)
FII Flows* 56212
MF Flows** -29461
Mar 2021; **16
YoY(%) Current Year Ago
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
01 April 2021
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
P/E Dividend Yield
• Indian equity markets settled on the last day of FY21 in negative territory as
rising Treasury yields in U.S. stoked fears of foreign outflows from
emerging markets like India. For the fiscal year ending Mar 31, 2021, Sensex
had rallied 68% and Nifty jumped 71%, making it the best fiscal year for
equity markets in over a decade despite COVID-19 pandemic.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.25% and 1.04%
to close at 49,509.15 and 14,690.70 respectively.
• The overall market breadth on BSE was weak with 1,373 scrips advancing
and 1,513 scrips declining. A total of 193 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up 1.89%
followed by S&P BSE FMCG, up 1.06% and S&P BSE Consumer Durables, up
0.75%. S&P BSE Finance was the major loser, down 1.73% followed by S&P
BSE Bankex, down 1.43% and S&P BSE Power, down 1.35%.
• Government data showed that India's infrastructure output fell 4.6% in Feb
2021 as compared to growth of 0.9% in Jan 2021 and an expansion of 6.4%
in the same period of the previous year. All the sectors witnessed
contraction. The refinery products sector witnessed the maximum
contraction of 10.9% followed by cement and coal sector which contracted
5.5% and 4.4%, respectively. For the period from Apr to Feb of 2021, India's
infrastructure output contracted 8.3% as compared to a growth of 1.3% in
the same period of the previous year.
• Government data showed that India’s fiscal deficit for the period from Apr
to Feb of 2021 came in at Rs. 14.06 lakh crore or 76.0% of the budget
estimate for FY21 as compared to 135.2% in the corresponding period of
the previous year.
• Data from RBI showed that India’s current account balance recorded a
deficit of US$ 1.7 billion (0.2% of GDP) in Q3 of FY21 from a surplus of US$
15.1 billion (2.4% of GDP) in Q2 of FY21.
• The Reserve Bank of India made Additional Factor of Authentication (AFA)
mandatory, so there will be no automatic recurring payments for various
services, including recharge and utility bills, starting Apr 2021. Banks and
payment gateways, on the other hand, are demanding more time to comply
with the RBI's automatic recurring payment directive. Banks will be allowed
to alert customers in advance of recurring payment due dates, and
transactions will be carried out only after the customer has given his or her
permission. As a result, the transaction would not be automatic, but rather
would take place after the customer's authentication. According to the new
guidelines, banks must give one-time passwords to customers for recurring
payments exceeding Rs. 5,000.
• State Bank of India raised $1 billion loan from the Japan Bank for
International Cooperation (JBIC) to finance the Japanese automotive
industry's supply chain in India.
• Piramal Pharma Ltd, a subsidiary of the group, has agreed to buy a 100%
stake in Hemmo Pharmaceuticals for Rs. 775 crore in cash and milestone-
• Asian markets closed in the red as investors weighed the impact of a surge
in coronavirus cases around the world and awaited U.S. President's big
announcement on infrastructure and other measures to support the
economic recovery. Today (as on Apr 1), markets are trading higher ahead
of the release of several economic data across the region. Both Nikkei and
Hang Seng are up 1.18% and 1.14% (as at 8:00 AM IST), respectively.
• European markets fell, weighed down by concerns about spikes in
coronavirus cases and slow pace of vaccination.
• U.S. markets largely closed higher following report from payroll processor
ADP showing strong private sector job growth in Mar.