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12 Mar 2020
Markets for You
Global Indices
Global Indices 11-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,270 1,333 -64 -4.77
Nasdaq 7,952 8,344 -392 -4.70
FTSE 5,877 5,960 -84 -1.40
Nikkei 19,416 19,867 -451 -2.27
Hang Seng 25,232 25,393 -161 -0.63
Indian Indices 11-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 35,697 35,635 62 0.18
Nifty 50 10,458 10,451 7 0.07
Nifty 100 10,578 10,583 -5 -0.05
Nifty 500 8,618 8,631 -13 -0.15
Nifty Bank 26,488 26,463 25 0.10
S&P BSE Power 1,644 1,644 0 -0.02
S&P BSE Small Cap
12,725 12,771 -45 -0.36
S&P BSE HC 13,356 13,505 -149 -1.10
Date P/E Div. Yield P/E Div. Yield
11-Mar 21.90 1.23 23.80 1.46
Month Ago 25.08 1.03 27.21 1.26
Year Ago 27.27 1.16 27.38 1.21
Nifty 50 Top 3 Gainers
Company 11-Mar Prev_Day
% Change
#
Yes Bank 29 21 35.53
Zee Ente. 210 194 7.74
Bharti Infratel 225 211 6.52
Nifty 50 Top 3 Losers Domestic News
Company 11-Mar Prev_Day
% Change
#
GAIL 91 100 -9.91
Tata Steel 300 322 -7.00
Tata Motors 99 106 -6.43
Advance Decline Ratio
BSE NSE
Advances 1025 785
Declines 1454 1097
Unchanged 164 126
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -5548
MF Flows** 17834
*11
th
Mar 2020; **9
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.
12 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
2916
-7012
4.62%
(Oct-19)
Indian equity markets gained a bit after the U.S. markets recouped from
their worse fall since the financial crisis of 2008. The U.S. President said he
would discuss certain stimulus measures with the Senate to help the
economy deal with the impact of the virus outbreak.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.18% and
0.07% to close at 35,697.40 and 10,458.40 respectively. S&P BSE MidCap
and S&P BSE SmallCap lost 0.89% and 0.36% respectively.
The overall market breadth on BSE was weak with 1,025 scrips advancing
and 1,454 scrips declining. A total of 164 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Energy was the major gainer, up 2.11%
followed by S&P BSE Telecom, up 0.76% and S&P BSE Capital Goods, up
0.38%. S&P BSE Realty was the major loser, down 2.03% followed by S&P
BSE Oil & Gas, down 1.89% and S&P BSE Metal, down 1.63%.
A prominent global brokerage has said falling crude oil prices will help India
reduce current account deficit by 25 basis points to 0.7% of the GDP in
FY2021. Crude has fallen by more than 45% since the coronavirus outbreak
in China in Jan 2020. The brokerage has also cut its FY2021 growth forecast
for the country by 20 basis points (bps) to 5.4%, and global growth to 2.2%,
down 60 bps.
Preventive measures like mass quarantines can hit the already sagging
economic growth in India by as much as 2 percentage points, according to a
prominent global brokerage. Support to the economy will come from a dip
in oil prices, it said in a note, estimating low crude prices to aid growth by as
much as 0.50%. The number of those tested positive for the Covid-19 or
coronavirus in India has grown to 61 as of Mar 10, 2020.
Media reports showed the finance ministry has flagged 17 'areas of
dissatisfaction' with India’s leading IT company that designed GST Network,
including transition issues for taxpayers in Jammu and Kashmir, Aadhaar
verification and lack of scalability of server. The other areas are delay in
providing software for blocking of e-way bill generation in cases of non-
filers of GSTR-3B.
The government said a cumulative amount of Rs. 5,275.24 crore has
remained unspent under Members of Parliament Local Area Development
(MPLAD) scheme as on Mar 4, 2020. The government released Rs.
53,704.75 crore under MPLAD scheme out of which Rs. 51,267.75 crore was
spent as on Mar 4, 2020.
Asian equity markets were mostly lower as investors tracked the
coronavirus spread and watched for government stimulus measures. It was
also seen there were doubts about whether expected stimulus measures
would be enough to soften the economic impact from the outbreak. Today
(as of Mar 12), Asian markets opened lower as the Wall Street entered a
bear market and the World Health Organisation declared the coronavirus
outbreak a global pandemic. Both Nikkei and Hang Seng fell 3.41% and
3.10% (as at 8.a.m. IST), respectively.
European markets declined as investors tracked the spread of the
coronavirus infection, while the Bank of England announced an emergency
interest rate cut to contain the economic impact of the virus.
U.S. markets witnessed steep losses as the rapid spread of the virus and
uncertainty around a fiscal stimulus to arrest slower economic growth
because of the outbreak dented sentiment. Markets are now down more
than 20% below the record close set in Feb 2020, ending an expansion that
started in 2009 amid the financial crisis.
Markets for You
11-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 11044.15 10822.47 18500.49
Index Options 216175.30 214094.92 67679.31
Stock Futures 20282.02 19688.95 83654.18
Stock Options 6913.15 6940.64 3861.04
Total 254414.62 251546.98 173695.02
11-Mar Prev_Day
Change
Put Call Ratio (OI) 1.07 1.04 0.03
Put Call Ratio(Vol) 0.80 0.87 -0.07
11-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 4.95% 4.96% 5.00% 6.16%
T-Repo 4.88% 4.81% 4.91% 6.17%
Repo 5.15% 5.15% 5.15% 6.25%
Reverse Repo 4.90% 4.90% 4.90% 6.00%
91 Day T-Bill 4.85% 4.94% 5.05% 6.35%
364 Day T-Bill 4.95% 5.04% 5.25% 6.48%
10 Year Gilt 6.13% 6.23% 6.47% 7.35%
G-Sec Vol. (Rs.Cr) 65162 137687 42647 30901
FBIL MIBOR
[1]
5.15% 5.10% 5.19% 6.28%
3 Month CP Rate 5.55% 5.75% 5.75% 7.60%
5 Year Corp Bond 6.99% 6.83% 7.10% 8.36%
1 Month CD Rate 5.35% 5.16% 5.13% 7.12%
3 Month CD Rate 5.15% 5.52% 5.46% 7.26%
1 Year CD Rate 5.94% 5.63% 6.09% 7.70%
Currency 11-Mar Prev_Day
Change
USD/INR 73.81 73.95 -0.14
GBP/INR 95.47 96.67 -1.20
EURO/INR 83.80 84.33 -0.54
JPY/INR 0.71 0.72 -0.01
Commodity 11-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
33.08 46.73 49.95 56.74
Brent Crude($/bl) 35.37 51.98 54.59 64.50
Gold( $/oz) 1635 1635 1567 1294
Gold(Rs./10 gm) 43427 43146 40468 32110
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
12 March 2020
Derivative Statistics- Nifty Options
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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 10,450.75, a discount of 7.65 points below
the spot closing of 10,458.40. The turnover on NSE’s Futures and Options
segment rose to Rs. 14,25,247.04 crore on March 11, 2020, compared with
Rs. 11,70,647.86 crore on March 09, 2020.
The Put-Call ratio stood at 0.78 compared with the previous session’s close
of 0.8.
The Nifty Put-Call ratio stood at 1.07 compared with the previous session’s
close of 1.04.
Open interest on Nifty Futures stood at 19.6 million, compared with the
previous session’s close of 19.82 million.
Bond yields rose as investors resorted to profit booking after U.S. Treasury
yields and crude oil retreated from recent lows.
Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 6 bps to
close at 6.13% from the previous closing of 6.07% after moving in a range of
6.09% to 6.16%.
Banks borrowed Rs. 290 crore under the central bank’s Marginal Standing
Facility on Mar 9, 2020 compared with borrowings of Rs. 475 crore on Mar 6,
2020.
RBI conducted auction of 91-day, 182-day and 364-day T-Bill for notified
amount of Rs. 4,000 crore, Rs. 5,000 crore and Rs. 3,000 crore, respectively.
The entire amount was accepted at cut-off price of Rs. 98.8005 (YTM:
4.8696%), Rs. 97.5600 (YTM: 5.0158%) and Rs. 95.2870 (YTM: 4.9597%),
respectively.
The Indian rupee in spot trade rose against the greenback tracking a
rebound in most Asian currencies.
The euro fell against the greenback after World Health Organization
overnight described the outbreak as a pandemic. Growing possibility of an
ease in monetary policy by European Central Bank also weighed on the euro.
The euro closed at 1.1267 down 0.11% compared to the previous day’s close
of 1.1279.
Gold prices fell as market participants preferred to book profits from the
recent bullion rally.
Brent crude prices fell after Saudi Aramco said it had been directed by the
energy ministry to raise its production capacity by a million barrels per day.
A Labor Department report showed a modest increase in U.S. consumer
prices in Feb 2020. Consumer price index inched up 0.1%, matching the
uptick seen in Jan 2020.
The Bank of England unexpectedly cut its key interest rate by 50 basis points
to a record low 0.25% and launched a new funding scheme for small
businesses as it expects the U.K. economy to take a major hit due to the
coronavirus outbreak.
U.K. chancellor unveiled a comprehensive stimulus package totaling GBP 30
billion [$39 billion] to support the U.K. economy.
The Bank of England is prepared to take more measures to combat the
economic impact of the coronavirus outbreak, its Governor said.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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