Global Indices
Global Indices 01-Mar Prev_Day Abs. Change
% Change
Russell 3000 1,999 1,947 52 2.69
Nasdaq 13,589 13,192 396 3.01
FTSE 6,589 6,483 105 1.62
Nikkei 29,664 28,966 697 2.41
Hang Seng 29,453 28,980 472 1.63
Indian Indices 01-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,850 49,100 750 1.53
Nifty 50 14,762 14,529 232 1.60
Nifty 100 14,890 14,668 222 1.51
Nifty 500 12,368 12,181 187 1.53
Nifty Bank 35,296 34,804 492 1.41
S&P BSE Power 2,468 2,419 50 2.05
S&P BSE Small Cap 20,479 20,155 324 1.61
S&P BSE HC 21,133 20,856 277 1.33
Date P/E Div. Yield P/E Div. Yield
1-Mar 34.79 0.72 40.28 1.08
Month Ago 33.08 0.82 38.26 1.11
Year Ago 23.21 1.15 25.49 1.36
Nifty 50 Top 3 Gainers
Company 01-Mar Prev_Day
% Change
Power Grid 227 214 6.04
ONGC 117 111 5.45
Grasim Indus 1266 1201 5.43
Nifty 50 Top 3 Losers Domestic News
Company 01-Mar Prev_Day
% Change
Bharti Airtel 532 556 -4.33
NA NA NA NA
NA NA NA NA
Advance Decline Ratio
BSE NSE
Advances 1922 1297
Declines 1144 700
Unchanged 201 76
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 37088
MF Flows** -27494
*1
st
Mar 2021; **16
th
Feb 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
4.06%
(Jan-21)
7.59%
(Jan-20)
IIP
1.00%
(Dec-20)
0.40%
(Dec-19)
GDP
0.40%
(Dec-20)
3.30%
(Dec-19)
[1]
Data as on 26 Feb, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
02 March 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
Indices Performance
P/E Dividend Yield
Sensex
Nifty
1.00%
(Sep-20)
-7.50%
(Sep-20)
Quarter Ago
Inflow/Outflow
-1220
-8171
7.61%
(Oct-20)
Indian equity markets rose on the back of positive GDP number for Dec
quarter published on Feb 26 post market hours. Steady growth in PMI
manufacturing data and launch of the next phase of COVID vaccination in
India, too supported buying interest. Global cues were also supportive
following approval of the USD 1.9 trillion package by the U.S. House of
Representatives.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.53% and 1.6%
to close at 49,849.84 and 14,761.55 respectively.
The overall market breadth on BSE was strong with 1,922 scrips advancing
and 1,144 scrips declining. A total of 201 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Basic Materials was the major gainer, up
2.91% followed by S&P BSE Utilities, up 2.49% and S&P BSE Auto, up 2.32%.
S&P BSE Telecom was the only loser, down 3.41%.
Data from a private survey showed that the seasonally adjusted IHS Markit
India Manufacturing Purchasing Managers’ Index (PMI) fell to 57.5 in Feb
2021 from 57.7 in Jan 2021. Manufacturing activity growth slowed slightly
in February compared to the previous month, but it remained strong.
However, because of the Covid-19 limitations, employment has declined
even further.
According to an economic report by the Reserve Bank of India (RBI), the
economy is picking up steam, but the outlook is clouded by the resurgence
of the coronavirus infection. Many of the engines of aggregate demand are
beginning to fire, only private investment has yet to fire, and now is the
time for it to do so. Liquidity steps that are broader reflect the system's
easing monetary and financial conditions.
According to the power ministry data, India's power consumption grew
0.88% in Feb 2021 at 104.73 billion units (BU) as against 103.81 BU in Feb
2020 due to a slight rise in temperature. However, the peak power demand
met, which is the highest supply in a day, recorded a growth of 6.7% at
188.15 GW in Feb 2021 compared to 176.38 GW in Feb 2020.
The Prime Minister of India stated that although the private sector has
made substantial contributions to agricultural research and development, it
is now time to increase private sector involvement in agricultural research
and development. It should not be limited to only plants, but rather a
comprehensive scientific ecosystem linked to a single crop during its life
cycle.
According to media reports, Coal India's production and offtake remained
subdued in Feb 2021 due to lower demand and robust pithead stock of 78
million tonnes.
Tata Motors reported 51.07% increase in total sales at 61,365 units in Feb
2021 as against 40,619 total units in the same month last year. Total
domestic sales rose 54% at 58,473 units, as compared to 38,002 units in
Feb last year
Asian markets went up, led by investor optimism about the coronavirus
vaccine rollout and the stimulus-driven global economic recovery. Chinese
markets rose after the latest survey from Caixin showed the manufacturing
sector in China continued to expand in Feb, albeit at a slower pace. Today
(as on Mar 03), Asian markets rose following rise on the Wall Street
overnight. Both Hang Seng and Nikkei rose 0.44% and 0.87%, respectively
(as at 8 a.m. IST).
European markets rose strongly buoyed by upbeat U.S. and Euro area
economic data and fall in Treasury yields. Greater momentum in rollout of
vaccines, drop in coronavirus cases, and news about the U.S. House passing
a $1.9 trillion Covid relief bill proposed by the U.S. President Joe Biden
further benefitted the market.
U.S. markets surged following a notable surge in U.S. manufacturing
activity, and on increasing hopes about additional stimulus after the House
of Representatives passed a $1.9 trillion coronavirus relief bill on Saturday.
Markets for You
FII Derivative Trade Statistics 01-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 8984.03 12790.39 14449.17
Index Options 431940.94 428562.00 77252.15
Stock Futures 22845.50 23545.47 100112.74
Stock Options 16351.20 16621.58 8354.13
Total 480121.67 481519.44 200168.19
01-Mar Prev_Day
Change
Put Call Ratio (OI) 1.05 0.93 0.12
Put Call Ratio(Vol) 0.92 1.12 -0.20
01-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 3.21% 3.23% 3.21% 5.01%
T-Repo 3.22% 2.86% 3.20% 4.83%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.09% 3.10% 3.33% 5.04%
364 Day T-Bill 3.64% 3.64% 3.70% 5.19%
10 Year Gilt 6.21% 6.20% 6.06% 6.37%
G-Sec Vol. (Rs.Cr) 15264 24077 47031 46426
FBIL MIBOR
[1]
3.47% 3.46% 3.47% 5.09%
3 Month CP Rate 3.60% 3.65% 3.90% 6.00%
5 Year Corp Bond 6.21% 6.19% 6.58% 6.82%
1 Month CD Rate 3.08% 3.02% 3.35% 5.35%
3 Month CD Rate 3.35% 3.29% 3.34% 5.64%
1 Year CD Rate 4.25% 4.00% 4.04% 6.17%
Currency 01-Mar Prev_Day
Change
USD/INR 73.29 73.04 0.25
GBP/INR 102.49 101.90 0.60
EURO/INR 88.59 88.80 -0.21
JPY/INR 0.69 0.69 0.00
Commodity 01-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 60.50 61.64 53.52 44.78
Brent Crude($/bl) 66.69 64.44 56.16 52.30
Gold( $/oz) 1724 1809 1860 1585
Gold(Rs./10 gm) 45826 46475 48724 42352
Source: Refinitiv
[1]
Data as on 26 Feb, 2021
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
02 March 2021
Derivative Statistics- Nifty Options
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Nifty Mar 2021 Futures stood at 14,797.75, a premium of 36.20 points
above the spot closing of 14,761.55. The turnover on NSE’s Futures and
Options segment fell to Rs. 26,60,089.93 crore on March 01, 2021,
compared with Rs. 30,47,948.81 crore on February 26, 2021.
The Put-Call ratio stood at 0.95 compared with the previous session’s close
of 1.11.
The Nifty Put-Call ratio stood at 1.05 compared with the previous session’s
close of 0.93.
Open interest on Nifty Futures stood at 11.29 million, compared with the
previous session’s close of 12.06 million.
Bond yields fell for the first time in three trading sessions following a
decline in yields on U.S. Treasuries. Expectations that the Reserve Bank of
India will continue to buy sovereign debt also added to the gains.
Yield on the 10-year benchmark paper (5.85% GS 2030) fell 2 bps to close at
6.21% from the previous close of 6.23% after moving in a range of 6.19% to
6.21%.
Banks borrowed Rs. 58 crore under the central bank’s marginal standing
facility on Feb 26, 2021 compared to that of Feb 25 2021 when banks
borrowed Rs. 2 crore.
The Indian rupee in the spot trade weakened against the greenback
following dollar demand from importers.
Euro fell against the U.S. dollar amid concerns about Europe’s vaccine
campaigns. Market participants also remained on the sidelines as they
awaited speech from the European Central Bank President who is under
pressure to act against rising yields in the euro zone.
Gold prices rose following a decline in yields on U.S. Treasuries.
Brent crude prices rose as optimism about COVID-19 vaccinations and a U.S.
economic stimulus package improved the demand outlook of the
commodity.
According to the University of Michigan, U.S. consumer sentiment index was
upwardly revised to 76.8 in Feb 2021 from 79 in Jan 2021.
According to data from the Bank of England, U.K. mortgage approvals fell to
98,994 in Jan 2021 from 102,809 in Dec 2020. Mortgage approvals eased
for a second straight month.
According to the latest survey from Caixin, China’s manufacturing
Purchasing Managers’ Index (PMI) fell to 50.9 in Feb 2021 from 51.5 in Jan
2021.
According to the Commerce Department, U.S. personal income rose 10% in
Jan 2021 after increasing 0.6% in Dec 2020. The increase primarily reflected
USD 600 stimulus checks included in the last coronavirus relief bill.
Markets for You