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03 Mar 2020
Markets for You
Global Indices
Global Indices 02-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,415 1,353 62 4.60
Nasdaq 8,952 8,567 385 4.49
FTSE 6,655 6,581 74 1.13
Nikkei 21,344 21,143 201 0.95
Hang Seng 26,292 26,130 162 0.62
Indian Indices 02-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,144 38,297 -153 -0.40
Nifty 50 11,133 11,202 -69 -0.62
Nifty 100 11,252 11,316 -65 -0.57
Nifty 500 9,179 9,236 -57 -0.62
Nifty Bank 28,868 29,147 -279 -0.96
S&P BSE Power 1,704 1,717 -13 -0.74
S&P BSE Small Cap 13,604 13,709 -105 -0.77
S&P BSE HC 13,417 13,480 -63 -0.47
Date P/E Div. Yield P/E Div. Yield
2-Mar 23.27 1.15 25.34 1.37
Month Ago 23.92 1.07 25.75 1.31
Year Ago 26.53 1.19 26.49 1.24
Nifty 50 Top 3 Gainers
Company 02-Mar Prev_Day
% Change
#
HCL Tech 550 534 2.87
Eicher Motors 17013 16602 2.48
ICICI Bank 506 497 1.78
Nifty 50 Top 3 Losers Domestic News
Company 02-Mar Prev_Day
% Change
#
Yes Bank 32 35 -8.82
AGC Networks Limited 412 441 -6.72
SBI 287 303 -5.15
Advance Decline Ratio
BSE NSE
Advances 954 671
Declines 1515 1178
Unchanged 147 151
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 10602
MF Flows** 10316
*2
nd
Mar 2020; **28
th
Feb 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.59%
(Jan-20)
1.97%
(Jan-19)
IIP
-0.30%
(Dec-19)
2.50%
(Dec-18)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 28 Feb 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 March 2020
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
-4.60%
(Sep-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
4193
-3341
4.62%
(Oct-19)
• Indian equity markets declined from a positive start as two fresh coronavirus
cases were reported in India. The two patients, which had travelled to Dubai
and Italy, are stable and being closely monitored, the government said.
Initially markets had gained tracking gains across Asia and Europe as
investors grew hopeful that major central banks will cut interest rates to
support the global economy.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.4% and 0.62% to
close at 38,144.02 and 11,132.75 respectively. S&P BSE MidCap and S&P BSE
SmallCap lost 0.65% and 0.77% respectively.
• The overall market breadth on BSE was weak with 954 scrips advancing and
1,515 scrips declining. A total of 147 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 1.06%
followed by S&P BSE Teck, up 0.55%. S&P BSE Metal was the major loser,
down 2.05% followed by S&P BSE Oil & Gas, down 1.98% and S&P BSE Basic
Materials, down 1.42%.
• Nikkei India Manufacturing Purchasing Managers' Index (PMI) slowed to 54.5
in Feb 2020 from 55.3 in Jan 2020. Since the Jan figure was at an almost
eight-year high, the Feb PMI is being seen as healthy. The month saw rates of
growth for factory orders, exports and output holding close to Jan's highs.
Companies were willing to step up input buying, and hiring activity increased
fractionally.
• A global credit rating agency has cut its forecast for India’s economic growth
to 4.9% in FY20, as manufacturing could come under pressure from weak
domestic demand and supply chain disruptions due to the coronavirus
outbreak, media reports showed. The GDP growth is forecast to recover
slightly to 5.4% in FY21.
• Goods and Services Tax (GST) collections at Rs 1.05 lakh crore for Feb 2020
are significantly below the government’s revised target, media reports
showed. The figure is Rs. 10,000 crore shorter than the revised target. To
compensate for low collections in previous months of FY20, the government
set an ambitious monthly GST target of Rs 1.1 lakh crore for Dec-Mar. Lower-
than-target collection of Rs 1.03 lakh crore in Dec 2019 made the
government again revised the target to Rs 1.15 lakh crore for Feb and Rs
1.25 lakh crore for Mar 2020.
• The Union Minister of State for Finance and Corporate Affairs said the
government aims at making India among the top three global economies by
2025.
• Asian equity markets ended mostly higher, recovering from early losses, as
investors grew hopeful that major central banks will cut interest rates to
support the global economy. Today (as of Mar 3), Asian markets opened
higher supported by the overnight handsome gains at the Wall Street on
stimulus hopes. Both Nikkei and Hang Seng rose 1.04% and 0.48% (as at
8.a.m. IST), respectively.
• European markets closed higher as investors factored in a potential global
monetary policy response to support the economy.
• U.S. markets bounced back sharply from their worst week since the 2008
financial crisis. Expectations that the U.S. Federal Reserve could cut rates
supported sentiment.
Markets for You
FII Derivative Trade Statistics 02-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 6965.26 8600.79 16519.95
Index Options 168603.02 168775.38 48359.02
Stock Futures 22518.57 20400.60 85733.43
Stock Options 5555.12 5499.14 2250.68
Total 203641.97 203275.91 152863.08
02-Mar Prev_Day
Change
Put Call Ratio (OI) 1.14 1.10 0.03
Put Call Ratio(Vol) 0.91 0.84 0.06
02-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 4.96% 5.04% 4.97% 6.20%
T-Repo 4.69% 4.98% 4.92% 6.20%
Repo 5.15% 5.15% 5.15% 6.25%
Reverse Repo 4.90% 4.90% 4.90% 6.00%
91 Day T-Bill 5.03% 5.00% 5.09% 6.38%
364 Day T-Bill 5.15% 5.14% 5.27% 6.51%
10 Year Gilt 6.35% 6.37% 6.60% 7.38%
G-Sec Vol. (Rs.Cr) 58054 69545 31446 32544
FBIL MIBOR
[1]
5.09% 5.17% 5.05% 6.30%
3 Month CP Rate 5.95% 5.75% 5.75% 7.80%
5 Year Corp Bond 6.92% 6.89% 7.36% 8.32%
1 Month CD Rate 5.18% 5.23% 5.14% 6.96%
3 Month CD Rate 5.62% 5.47% 5.50% 7.30%
1 Year CD Rate 6.20% 5.81% 5.95% 7.69%
Currency 02-Mar Prev_Day
Change
USD/INR 72.24 72.19 0.05
GBP/INR 92.74 93.01 -0.27
EURO/INR 79.76 79.44 0.32
JPY/INR 0.67 0.66 0.00
Commodity 02-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
46.73 51.33 51.53 55.71
Brent Crude($/bl) 52.64 57.03 58.36 63.15
Gold( $/oz) 1590 1660 1590 1293
Gold(Rs./10 gm) 42232 43392 40694 32819
Source: Refinitiv
[1]
Data as on 28 Feb 2020
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
03 March 2020
Derivative Statistics- Nifty Options
Disclaimer:
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Commodity Market Update
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The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third party
sources 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
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reasonableness of the assumptions upon which such data and information has been processed or arrive data; NAM India does not in any manner assures the accuracy or authenticity of such data and information.
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• Nifty Mar 2020 Futures stood at 11,123.70, a discount of 9.05 points below
the spot closing of 11,132.75. The turnover on NSE’s Futures and Options
segment rose to Rs. 12,16,934.34 crore on March 02, 2020, compared with
Rs. 10,04,044.60 crore on February 28, 2020.
• The Put-Call ratio stood at 0.94 compared with the previous session’s close of
0.82.
• The Nifty Put-Call ratio stood at 1.14 compared with the previous session’s
close of 1.1.
• Open interest on Nifty Futures stood at 15.24 million, compared with the
previous session’s close of 16.76 million.
• Bond yields eased with increasing expectation of a policy rate cut in the next
monetary policy committee meet to revive economic growth. Speculations of
a rate cut rose following weak economic growth numbers and fall in
manufacturing output.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) dropped 2 bps to
close at 6.35% compared with the previous close at 6.37% after trading in the
range of 6.33% to 6.37%.
• Banks borrowed Rs. 4,130 crore under the central bank’s Marginal Standing
Facility on Feb 28, 2020 compared with borrowings of Rs. 4,534 crore on Feb
27, 2020.
• The Indian rupee in spot trade weakened against the greenback and plunged
to a more than 16-month low after India reported two fresh cases of
coronavirus infections which weighed on the market sentiment.
• The euro surged against the greenback on growing possibility that the U.S.
Federal Reserve would ease its monetary policy to counter the impact of the
spread of the coronavirus across the globe.
• Gold prices rose as the greenback came under pressure on increasing
possibility of a rate cut by the U.S. Federal Reserve.
• Brent crude prices rose on growing possibility of a deeper cut in output by
OPEC.
• The Organisation for Economic Co-operation and Development downgraded
its global growth outlook by 0.5 percentage points, saying the impact of the
Covid-19 outbreak on economic prospects is set to be severe.
• A Commerce Department report showed construction spending in the U.S.
jumped 1.8% in Jan 2020 to an annual rate of $1.369 trillion after inching up
0.2% to $1.346 trillion in Dec 2019.
• An Institute for Supply Management report showed U.S. purchasing
managers index edged down to 50.1 in Feb 2020 from 50.9 in Jan 2020.
• Survey data from IHS Markit showed U.K. manufacturing sector expanded at
the fastest pace in 10 months in Feb 2020 as domestic demand continued to
recover on the back of reduced political uncertainty.
Markets for You
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