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11 Mar 2020
Markets for You
Global Indices
Global Indices 10-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,333 1,268 65 5.15
Nasdaq 8,344 7,951 394 4.95
FTSE 5,960 5,966 -6 -0.09
Nikkei 19,867 19,699 168 0.85
Hang Seng 25,393 25,040 352 1.41
Indian Indices 09-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 35,635 37,577 -1,942 -5.17
Nifty 50 10,451 10,989 -538 -4.90
Nifty 100 10,583 11,120 -537 -4.83
Nifty 500 8,631 9,060 -429 -4.73
Nifty Bank 26,463 27,801 -1,339 -4.82
S&P BSE Power 1,644 1,721 -77 -4.48
S&P BSE Small Cap
12,771 13,330 -559 -4.20
S&P BSE HC 13,505 13,968 -463 -3.31
Date P/E Div. Yield P/E Div. Yield
9-Mar 21.70 1.24 23.79 1.46
Month Ago 24.79 1.04 26.89 1.27
Year Ago 27.17 1.17 27.05 1.22
Nifty 50 Top 3 Gainers
Company 09-Mar Prev_Day
% Change
#
Yes Bank 21 16 31.58
BPCL 424 403 5.15
Bharti Infratel 211 204 3.58
Nifty 50 Top 3 Losers Domestic News
Company 09-Mar Prev_Day
% Change
#
ONGC 75 89 -15.76
Vedanta Limited 95 111 -14.54
RIL 1114 1271 -12.34
Advance Decline Ratio
BSE
[1]
NSE
[1]
Advances 327 260
Declines 2231 1690
Unchanged 167 100
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 1464
MF Flows** 14918
*9
th
Mar 2020; **6
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)
[1]
Data as on 09 Mar 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 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
1242
-3481
4.62%
(Oct-19)
• Indian equity markets witnessed their biggest single-day fall in absolute
terms as coronavirus spread fears and its impact on the economy got
graver. Crash in crude oil prices and the subsequent developments led to
price war fears. OPEC in its meeting could not agree on output cuts as
Russia refused to oblige, after which Saudi Arabia went ahead and
announced price cut in Apr 2020 and an increase in production.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 5.17% and 4.9% to
close at 35,634.95 and 10,451.45 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 4.73% and 4.2% respectively.
• The overall market breadth on BSE was weak with 327 scrips advancing and
2,231 scrips declining. A total of 167 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Energy was the major
loser, down 9.74%, followed by S&P BSE Metal and S&P BSE IT, down 7.62%
and 5.4%, respectively. S&P BSE Oil & Gas and S&P BSE Teck lost 5.22% and
5.13% respectively.
• A prominent global rating agency has once again downgraded its baseline
growth projections for India. This comes in less than a month’s time when
the agency had revised growth projections. This time it has the growth is
projected at 5.3% for 2020 from 5.4% earlier, cautioning that an extensive
and prolonged slump as a result of COVID-19 outbreak will reduce growth
in Asia’s third largest economy to 5% during the same calendar year.
• The Securities & Exchange Board of India (SEBI) has proposed a detailed
review of the regulatory framework for Corporate Bonds and Debenture
Trustees (DTs). As per the consultation paper, non-banking financial
companies (NBFCs) will now be required to create an identified charge on
the assets. SEBI has further proposed creation of a recovery fund by the
issuer at the time of issuance of security. This is aimed at mitigating the
problem of delay in receipt of funds to the debenture trustees and ensure
an accelerated enforcement of security.
• Crude oil prices tumbled more than 30% on Mar 9, 2020, which is the
sharpest decline since the 1991 Gulf War. This came after the collapse of
Opec’s talks triggered a price war, with both Russia and Saudi Arabia set to
flood the market with cheap oil. India stands to benefit from this as media
reports said every $10 fall in crude price helps India save $15 billion of
external payment or 0.5% of GDP (gross domestic product). Thus, the
massive fall in crude price will benefit India’s macro—current account
deficit, fiscal deficit and inflation.
• India’s economic affairs secretary said there’s no need for the government
to take immediate steps to support the economy following a crash in oil
prices that has sent financial markets into a tailspin.
• Asian equity markets made up for early losses to end in the green after the
U.S. President said he will take steps to help virus-hit businesses. He said he
would discuss a possible payroll tax cut or "substantial relief" with the
Senate and House Republicans. Today (as of Mar 11), Asian markets opened
mixed as investors look forward to stimulus as the virus spread continues.
Nikkei was down 0.51% and Hang Seng up 0.27% (as at 8.a.m. IST).
• European markets declined as investors tried to cope with the heavy losses
(worst since the 2008 financial crisis) seen in the previous session on the
back of virus fears and crash in crude oil prices.
• U.S. markets gained sharply as investors weighed the prospects of fiscal
stimulus to tackle slower economic growth because of the coronavirus
outbreak.
Markets for You
FII Derivative Trade Statistics
09-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 6752.45 9734.74 19238.34
Index Options 146853.13 145662.92 60111.20
Stock Futures 17443.70 16680.42 87106.02
Stock Options 5524.58 5636.10 3831.46
Total 176573.86 177714.18 170287.02
09-Mar Prev_Day
Change
Put Call Ratio (OI) 1.04 1.25 -0.21
Put Call Ratio(Vol) 0.87 0.75 0.12
09-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 4.96% 4.91% 5.02% 6.15%
T-Repo 4.86% 4.66% 4.91% 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 4.81% 5.03% 5.10% 6.42%
364 Day T-Bill 4.80% 5.15% 5.25% 6.45%
10 Year Gilt 6.07% 6.34% 6.44% 7.37%
G-Sec Vol. (Rs.Cr) 95627 52735 49342 30649
FBIL MIBOR 5.15% 5.14% 5.21% 6.27%
3 Month CP Rate 5.55% 5.90% 5.80% 7.70%
5 Year Corp Bond 6.89% 6.96% 7.00% 8.36%
1 Month CD Rate 5.27% 5.20% 5.14% 7.31%
3 Month CD Rate 5.23% 5.43% 5.41% 7.26%
1 Year CD Rate 5.88% 6.24% 6.10% 7.69%
Currency 09-Mar Prev_Day
Change
USD/INR 73.95 73.66 0.29
GBP/INR 96.67 95.44 1.23
EURO/INR 84.33 82.69 1.64
JPY/INR 0.72 0.70 0.03
Commodity 10-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
34.42 47.22 49.54 55.72
Brent Crude($/bl) 36.11 52.36 53.98 63.07
Gold( $/oz) 1649 1639 1572 1298
Gold(Rs./10 gm)
[1]
43750 42315 40589 32123
Source: Refinitiv
[1]
Data as on 09 Mar 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
11 March 2020
Derivative Statistics- Nifty Options
Disclaimer:
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Commodity Prices
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Currency Market Update
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 10,462.35, a premium of 10.90 points
above the spot closing of 10,451.45. The turnover on NSE’s Futures and
Options segment rose to Rs. 11,70,647.86 crore on March 09, 2020,
compared with Rs. 8,44,568.72 crore on March 06, 2020.
• The Put-Call ratio stood at 0.8 compared with the previous session’s close of
0.69.
• The Nifty Put-Call ratio stood at 1.04 compared with the previous session’s
close of 1.25.
• Open interest on Nifty Futures stood at 19.82 million, compared with the
previous session’s close of 19.79 million.
• Bond yields saw a steep plunge on rising speculations of policy rate cut by
the Monetary Policy Committee in the upcoming policy meet. Besides, fall in
crude prices and the U.S. Treasury yield also added to the gains.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) lowered by 11
bps to close at 6.07% from the previous closing of 6.18% after moving in a
range of 5.99% to 6.10%.
• Banks borrowed Rs. 475 crore under the central bank’s Marginal Standing
Facility on Mar 6, 2020 compared with borrowings of Rs. 2,485 crore on Mar
5, 2020.
• RBI conducted the fourth long term repo operation (LTRO) for a notified
amount of Rs. 25,000 crore with a 3-year tenor. A total of 37 bids were
received for Rs. 48,856 crore. Amount allotted was Rs. 25,021 crore.
• The Indian rupee in spot trade plunged against the greenback following
losses in the domestic equity markets.
• The euro weakened against the greenback on growing possibility that
policymakers across the globe would introduce coordinated stimulus
measures to cushion the economic impact of the coronavirus outbreak
across the globe. The euro closed at 1.1279, down 1.47% compared to the
previous day’s close of 1.1447.
• Gold prices fell on hopes for global stimulus measures by policymakers
across the globe.
• Brent crude prices surged after the Russian Energy Minister did not rule out
measures with OPEC to stabilize oil markets.
• Germany's industrial production in Jan 2020 rebounded at the fastest pace
in more than two years at 3% MoM, reversing 2.2% drop in Dec 2019.
• Sentix data showed eurozone investor sentiment declined the most on
record in Mar 2020 . The investor confidence index dropped to -17.1 from
5.2 in Feb 2020.
• Germany's government has decided to increase investments by EUR 3.1
billion in each of the year from 2021 to 2024 to combat coronavirus induced
slowdown.
• Destatis data showed Germany's exports remained unchanged in Jan 2020,
when shipments were up 0.2%. Imports grew 0.5%, following a 0.3% drop in
Dec 2019.
• Destatis data showed Germany's industrial production grew 3% MoM in Jan
2020, reversing a 2.2% drop in Dec 2019.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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