Global Indices
Global Indices 09-Mar Prev_Day Abs. Change
% Change
Russell 3000 1,931 1,869 61 3.27
Nasdaq 13,074 12,609 465 3.69
FTSE 6,730 6,719 11 0.17
Nikkei 29,028 28,743 285 0.99
Hang Seng 28,773 28,541 232 0.81
Indian Indices 09-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 51,025 50,441 584 1.16
Nifty 50 15,098 14,956 142 0.95
Nifty 100 15,206 15,097 109 0.72
Nifty 500 12,617 12,559 58 0.46
Nifty Bank 35,866 35,276 590 1.67
S&P BSE Power 2,501 2,531 -30 -1.17
S&P BSE Small Cap 20,982 21,067 -86 -0.41
S&P BSE HC 21,162 21,269 -107 -0.50
Date P/E Div. Yield P/E Div. Yield
9-Mar 35.65 0.70 41.12 1.05
Month Ago 35.61 0.80 41.97 1.05
Year Ago 21.70 1.24 23.79 1.46
Nifty 50 Top 3 Gainers
Company 09-Mar Prev_Day
% Change
SBI Life Insurance Company Limite
971 924 5.14
Kotak Bank 1979 1916 3.29
HDFC Bank 1563 1520 2.83
Nifty 50 Top 3 Losers Domestic News
Company 09-Mar Prev_Day
% Change
BPCL 446 467 -4.46
Tata Steel 707 737 -4.14
GAIL 149 154 -3.31
Advance Decline Ratio
BSE NSE
Advances 1207 744
Declines 1800 1208
Unchanged 186 78
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 41380
MF Flows** -30899
*9
th
Mar 2021; **5
th
Mar 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 08 Mar, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
10 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
-864
-1202
7.61%
(Oct-20)
• Indian equity markets rose with Sensex reclaiming the 51,000 mark and
Nifty surpassing the 15,000 mark. Risk appetite boosted after European
markets commenced the session on a positive note as euro zone
government bond yields dipped across the board, helping ease worries
around inflation.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.16% and
0.95% to close at 51,025.48 and 15,098.40 respectively.
• The overall market breadth on BSE was weak with 1,207 scrips advancing
and 1,800 scrips declining. A total of 186 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 1.87%
followed by S&P BSE Finance, up 1.85% and S&P BSE IT, up 0.89%. S&P BSE
Metal was the major loser, down 2.24% followed by S&P BSE Oil & Gas,
down 2.02% and S&P BSE Utilities, down 1.85%.
• According to Organization for Economic Co-operation and Development
(OECD) interim economic outlook, India’s gross domestic product (GDP)
growth is expected to rebound to 12.6% in FY22, which will be the fastest
in the world, followed by China at 7.8% growth. For FY21, India’s GDP is
expected to contract at 7.4%, instead contraction of 9.9% projected in Dec
2020 due to strong fiscal measures and recovery in manufacturing and
construction.
• According to media reports, the government has converted 46 of the 47
licence modules to paperless form to facilitate ease of doing business and
reduce delays in application filing and processing, fee payment, and licence
approval from the Petroleum and Explosives Safety Organisation (PESO).
• According to a major credit rating agency, as people adjust to the new
standard, the Covid-19 affliction curve flattens, vaccines are rolled out, and
investment-focused government spending converge, India's GDP growth is
projected to recover to 11% in FY22. Recovery will be difficult, however,
because the pandemic has left deep wounds on small businesses and the
urban poor. The agency further mentioned that while exports are
recovering for large industries, and agriculture and allied sectors, they
remained weak for labour-intensive, small-enterprise driven segments such
as gems and jewellery, garments, and leather products because of their
discretionary nature.
• Th
e Finance Minister has announced that the government has detected GST
fraud of Rs. 20,124 crore between Nov 9, 2020, and Jan 31, 2021 and thus
on the basis of fake/bogus invoices, a national special drive is being carried
out against unscrupulous individuals for fraudulently obtaining and passing
on Input Tax Credit.
• JMC Projects (India) announced that it has bagged construction order
worth Rs. 1,000 crore from Maldives' Fahi Dhiriulhun Corporation.
• Paytm has released two new IoT-based payment devices that enable
businesses to accept card payments on Android phones.
• Asian markets witnessed a mixed trend as positive impact of the
development on the $1.9 trillion COVID relief bill was neutralised by
worries that excessive stimulus may spark excessive inflation and hurt high-
growth companies reliant on easy borrowing. Today (as on Mar 10), markets
are trading higher, tracking overnight gains in U.S. markets. Both Nikkei and
Hang Seng are up 0.16% and 0.88% (as at 8:00 AM IST), respectively.
• European markets rose as a drop in yields on U.S. Treasury Notes and euro
zone government bonds, faster momentum in vaccination campaign and an
upward revision in global growth forecast by OECD lifted investor
sentiments.
• U.S. markets went up as pullback in U.S. Treasury yields inspired traders to
pick up tech stocks at reduced levels despite lingering concerns about
inflation and the outlook for interest rates.
Markets for You
FII Derivative Trade Statistics
09-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 5203.81 6062.18 15570.50
Index Options 428834.21 428507.34 95093.69
Stock Futures 11503.45 11616.17 102156.64
Stock Options 11890.08 11957.84 13092.50
Total 457431.55 458143.53 225913.33
09-Mar Prev_Day
Change
Put Call Ratio (OI) 1.11 1.06 0.05
Put Call Ratio(Vol) 0.93 0.98 -0.06
09-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 3.17% 3.21% 3.24% 4.96%
T-Repo 3.26% 3.22% 3.22% 4.86%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.30% 3.24% 3.35% 4.81%
364 Day T-Bill 3.67% 3.61% 3.54% 4.80%
10 Year Gilt 6.21% 6.24% 6.07% 6.07%
G-Sec Vol. (Rs.Cr) 22063 14487 18635 95627
FBIL MIBOR
[1]
3.35% 3.47% 3.46% 5.15%
3 Month CP Rate 3.70% 3.60% 3.75% 5.55%
5 Year Corp Bond 6.31% 6.27% 6.68% 6.89%
1 Month CD Rate 3.08% 3.01% 3.45% 5.27%
3 Month CD Rate 3.44% 3.28% 3.34% 5.23%
1 Year CD Rate 4.28% 4.27% 4.03% 5.88%
Currency 09-Mar Prev_Day
Change
USD/INR 73.12 73.00 0.12
GBP/INR 101.23 100.92 0.31
EURO/INR 86.73 86.91 -0.19
JPY/INR 0.67 0.67 0.00
Commodity 09-Mar
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 63.98 59.66 58.31 31.00
Brent Crude($/bl) 67.05 64.83 60.45 35.87
Gold( $/oz) 1715 1738 1837 1680
Gold(Rs./10 gm) 44451 45314 47907 43750
Source: Refinitiv
[1]
Data as on 08 Mar, 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
10 March 2021
Derivative Statistics- Nifty Options
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• Nifty Mar 2021 Futures stood at 15,134.75, a premium of 36.35 points
above the spot closing of 15,098.40. The turnover on NSE’s Futures and
Options segment rose to Rs. 46,87,495.82 crore on March 09, 2021,
compared with Rs. 35,62,774.36 crore on March 08, 2021.
• The Put-Call ratio stood at 0.9 compared with the previous session’s close of
1.01.
• The Nifty Put-Call ratio stood at 1.11 compared with the previous session’s
close of 1.06.
• Open interest on Nifty Futures stood at 13.42 million, compared with the
previous session’s close of 14.72 million.
• Bond yield ended eased ahead of special open market operation (OMO) by
the Reserve Bank of India (RBI) on Wednesday.
• Yield on the 10-year benchmark paper (5.85% GS 2030) eased 1 bps to close
at 6.21% from the previous close of 6.22% after moving in a range of 6.21%
to 6.23%.
• Indian Oil Corporation plans to raise funds selling commercial papers
maturing in nearly two-months at a coupon of 3.56% and has received
commitments worth around Rs. 650 crore.
• Banks did not borrowed under the central bank’s marginal standing facility
on Mar 06, 2021 compared to that of Mar 05 2021 when banks borrowed
Rs. 31 crore.
• After falling for last three sessions, the Indian rupee rose against the
greenback, following rise in domestic equity market and the U.S. dollar
index retreating from over three-month highs.
• After falling in the last four sessions, euro rose against the U.S. dollar as U.S.
Treasury yields stabilised, allowing room for riskier currencies.
• Gold prices rose as market participants resorted to bargain hunting.
• Brent crude prices fell after Saudi Arabia said that it countered the strike on
its oil sites by Yemen’s Houthi forces.
• According to data from the Commerce Department, U.S. wholesale
inventories rose 1.3% in Jan 2021 after rising by an upwardly revised 0.6% in
Dec 2020. Inventories of durable goods and non-durable goods order rose
1.2% and 1.5%, respectively, in Jan 2021.
• According to revised data from Eurostat, eurozone’s gross domestic product
(GDP) fell 0.7% QoQ in the fourth quarter of 2020 as against 0.6%
estimated earlier. However, eurozone’s GDP rose 12.5% in the third quarter
of 2020.
• According to data from the Cabinet Office, Japan’s gross domestic product
rose to an annualized 11.7% YoY in the fourth quarter of 2020 following
22.9% YoY rise in the third quarter of 2020.
Markets for You
