Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 Mar 2020
Markets for You
Global Indices
Global Indices 06-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,363 1,385 -22 -1.59
Nasdaq 8,576 8,739 -163 -1.87
FTSE 6,463 6,705 -243 -3.62
Nikkei 20,750 21,329 -579 -2.72
Hang Seng 26,147 26,768 -621 -2.32
Indian Indices 06-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 37,577 38,471 -894 -2.32
Nifty 50 10,989 11,269 -280 -2.48
Nifty 100 11,120 11,398 -278 -2.44
Nifty 500 9,060 9,280 -220 -2.37
Nifty Bank 27,801 28,815 -1,014 -3.52
S&P BSE Power 1,721 1,765 -44 -2.49
S&P BSE Small Cap
13,330 13,591 -262 -1.92
S&P BSE HC 13,968 14,145 -177 -1.25
Date P/E Div. Yield P/E Div. Yield
6-Mar 22.83 1.18 25.01 1.39
Month Ago 24.62 1.03 27.16 1.26
Year Ago 26.98 1.16 27.09 1.22
Nifty 50 Top 3 Gainers
Company 06-Mar Prev_Day
% Change
#
Maruti 6446 6366 1.26
Bajaj Auto 2735 2704 1.16
GAIL 108 107 0.94
Nifty 50 Top 3 Losers Domestic News
Company 06-Mar Prev_Day
% Change
#
Yes Bank 16 37 -56.11
Tata Motors 114 126 -9.18
Zee Ente. 221 238 -7.14
Advance Decline Ratio
BSE NSE
Advances 496 378
Declines 1959 1535
Unchanged 119 82
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 4945
MF Flows** 13831
*6
th
Mar 2020; **5
th
Mar 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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 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
1124
-2238
4.62%
(Oct-19)
• Indian equity markets declined over coronavirus spread in the country and
crisis related to a big private sector bank. The number of people infected
increased, while the Reserve Bank of India took control of the troubled
lender and put a Rs. 50,000 a month withdrawal cap, spooking investors.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 2.32% and 2.48%
to close at 37,576.62 and 10,989.45 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 2.36% and 1.92% respectively.
• The overall market breadth on BSE was weak with 496 scrips advancing and
1,959 scrips declining. A total of 119 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Metal was the major
loser, down 4.4%, followed by S&P BSE Bankex and S&P BSE Finance, down
3.46% and 3.39%, respectively. S&P BSE Energy and S&P BSE Realty lost
3.22% and 3.09% respectively.
• The Asian Development Bank said the coronavirus outbreak could cost the
Indian economy between $387 million to $29.9 billion loss of personal
consumption expenditure, media reports showed.
• According to media reports, India’s foreign exchange reserves have
increased by $5.42 billion to a lifetime high of $481.54 billion in the week to
Feb 14, 2020. This has come on the back of rise in foreign currency assets,
according to the latest data from the Reserve Bank of India. In the previous
week, the foreign exchange reserves had increased $29 million to $476.12
billion.
• The government has sought Parliament approval for an extra Rs. 54,000-
crore spending mainly to meet its obligation towards GST compensation to
states and defence-related expenditure. Minister of State for Finance
presented the second and final batch of supplementary demands for grants
in the Lok Sabha. It sought authorisation for gross additional expenditure of
Rs 4.8 lakh crore.
• Media reports showed manufacturing firms in India are on their way to
become digital. The manufacturing companies are planning to make the
most of their investment in big data and predictive analytics in the coming
years. Around 66% of the manufacturing firms voted for big data and
predictive analytics as their top investment priority in the next 1-2 years.
Second on their priority is the investment on Industrial Internet of Things,
sensors, cloud or integrated platforms, and robotic process automation.
However, only 23% of the manufacturing companies have a clear digital
strategy so far.
• Asian equity markets fell steeply as the coronavirus speeded up in Europe,
North America and Britain, leading to worries about a hit to global
economic growth. The Asian Development Bank said the outbreak will cut
global growth by 0.1%- 0.4% and will have a significant impact on
developing Asian economies. Today (as of Mar 9), Asian markets opened
lower as oil prices plunged. Both Nikkei and Hang Seng fell 4.63% and
4.22% (as at 8.a.m. IST), respectively.
• European markets declined as coronavirus outbreak continues to impact
businesses worldwide. The fall in U.S. Treasury yield has led to recession
fears as the virus spread is threatening global economic growth.
• U.S. markets fell as the benchmark 10-year Treasury yield declined below
0.7% for the first time ever. Investors continued to take refuge of safer
assets amid fears that the coronavirus will disrupt global supply chains and
push the economy into a recession.
Markets for You
FII Derivative Trade Statistics
06-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 7370.21 7713.86 16886.75
Index Options 698365.17 695737.92 53616.07
Stock Futures 17481.24 16443.01 89167.25
Stock Options 4770.72 4675.33 3667.45
Total 727987.34 724570.12 163337.52
06-Mar Prev_Day
Change
Put Call Ratio (OI) 1.25 1.22 0.03
Put Call Ratio(Vol) 0.75 0.98 -0.23
06-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 4.98% 5.01% 5.00% 6.18%
T-Repo 4.88% 4.83% 4.94% 6.13%
Repo 5.15% 5.15% 5.15% 6.25%
Reverse Repo 4.90% 4.90% 4.90% 6.00%
91 Day T-Bill 4.88% 5.04% 5.13% 6.40%
364 Day T-Bill 5.00% 5.19% 5.26% 6.51%
10 Year Gilt 6.18% 6.37% 6.45% 7.39%
G-Sec Vol. (Rs.Cr) 78734 46426 112264 21068
FBIL MIBOR 5.15% 5.09% 5.17% 6.24%
3 Month CP Rate 5.55% 6.00% 5.80% 7.70%
5 Year Corp Bond 6.76% 6.82% 7.03% 8.41%
1 Month CD Rate 5.16% 5.35% 5.16% 6.53%
3 Month CD Rate 5.34% 5.64% 5.47% 7.28%
1 Year CD Rate 5.66% 6.17% 6.10% 7.70%
Currency 06-Mar Prev_Day
Change
USD/INR 73.66 73.28 0.38
GBP/INR 95.44 94.37 1.07
EURO/INR 82.69 81.61 1.08
JPY/INR 0.70 0.68 0.01
Commodity 06-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
41.09 44.78 50.89 56.17
Brent Crude($/bl) 46.14 52.30 55.77 63.95
Gold( $/oz) 1674 1585 1567 1286
Gold(Rs./10 gm) 44315 42352 40406 32174
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
09 March 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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
Asset Management Limited (NAM India) (formerly Reliance Nippon Life Asset Management Limited) 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 has been processed or arrive data; NAM India does not in any manner assures the accuracy or authenticity of such data and information.
Some of the statements & assertions contained in these materials may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the
Investment Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of
such data or information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to
the extent possible. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising
out of their own investigations. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of
the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or
exemplary damages, including on account of lost profits arising from the information contained in this material.
• Nifty Mar 2020 Futures stood at 10,939.90, a discount of 49.55 points below
the spot closing of 10,989.45. The turnover on NSE’s Futures and Options
segment fell to Rs. 8,44,568.72 crore on March 06, 2020, compared with Rs.
37,12,514.30 crore on March 05, 2020.
• The Put-Call ratio stood at 0.69 compared with the previous session’s close
of 0.88.
• The Nifty Put-Call ratio stood at 1.25 compared with the previous session’s
close of 1.22.
• Open interest on Nifty Futures stood at 19.79 million, compared with the
previous session’s close of 17.4 million.
• Bond yields eased on market expectation of policy rate cut by the Monetary
Policy Committee in the upcoming policy meet. Speculations of a rate cut
strengthened following the emergency rate cut by the U.S. Federal Reserve.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) lowered by 6
bps to close at 6.18% from the previous closing of 6.24% after moving in a
range of 6.14% to 6.20%.
• Banks borrowed Rs. 2,485 crore under the central bank’s Marginal Standing
Facility on Mar 5, 2020 compared with borrowings of Rs. 4,970 crore on Mar
4, 2020.
• The Indian rupee in spot trade plunged against the greenback following
losses in the domestic equity market.
• The euro surged against the greenback with the U.S. benchmark 10-year
Treasury yields plummeting to an all-time low on expectations that the U.S.
Federal Reserve would ease interest rates further after it cut interest rates
by 50 bps in an emergency move to counter the impact of coronavirus
outbreak across the globe.
• Gold prices rose amid persisting concerns over the coronavirus outbreak
across the globe.
• Brent crude prices witnessed the biggest daily fall in more than a decade
after OPEC’s allies rejected additional production cuts that the organization
proposed.
• The coronavirus outbreak will cut global growth by 0.1% to 0.4%, the Asian
Development Bank said. It will have a significant impact on developing Asian
economies through weak domestic demand, tourism, trade and production
linkages and supply disruptions.
• According to a Commerce Department report, wholesale inventories in the
U.S. dropped more than anticipated in Jan 2020 by 0.4% after slipping 0.3%
in Dec 2019.
• A Commerce Department report showed U.S. trade deficit narrowed to
$45.3 billion in Jan 2020 from $48.6 billion in Dec 2019.
• Labor Department report showed employment in the U.S. surged up by
273,000 jobs in Feb 2020, matching the upwardly revised spike in Jan 2020.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Thank you for
your time.
