Global Indices
Global Indices 12-Mar Prev_Day Abs. Change
% Change
Russell 3000 1,962 1,973 -11 -0.58
Nasdaq 13,320 13,399 -79 -0.59
FTSE 6,761 6,737 25 0.36
Nikkei 29,718 29,212 506 1.73
Hang Seng 28,740 29,386 -646 -2.20
Indian Indices 12-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 50,792 51,280 -487 -0.95
Nifty 50 15,031 15,175 -144 -0.95
Nifty 100 15,140 15,285 -145 -0.95
Nifty 500 12,594 12,691 -97 -0.77
Nifty Bank 35,497 35,938 -442 -1.23
S&P BSE Power 2,514 2,496 18 0.74
S&P BSE Small Cap 21,209 21,180 29 0.14
S&P BSE HC 21,286 21,421 -135 -0.63
Date P/E Div. Yield P/E Div. Yield
12-Mar 35.36 0.71 40.94 1.06
Month Ago 35.79 0.79 41.58 1.05
Year Ago 19.78 1.35 21.83 1.59
Nifty 50 Top 3 Gainers
Company 12-Mar Prev_Day
% Change
BPCL 458 446 2.70
Indian Oil 101 99 2.48
Power Grid 220 215 2.28
Nifty 50 Top 3 Losers Domestic News
Company 12-Mar Prev_Day
% Change
Bajaj Auto 3746 3868 -3.13
Hindalco 330 340 -2.98
SBI Life Insurance Company Limite
914 941 -2.82
Advance Decline Ratio
BSE NSE
Advances 1301 786
Declines 1714 1174
Unchanged 170 81
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 44728
MF Flows** -30899
*12
th
Mar 2021; **5
th
Mar 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
5.03%
(Feb-21)
6.58%
(Feb-20)
IIP
-1.60%
(Jan-21)
2.20%
(Jan-20)
GDP
0.40%
(Dec-20)
3.30%
(Dec-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
15 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
4.50%
(Oct-20)
-7.50%
(Sep-20)
Quarter Ago
Inflow/Outflow
-864
678
6.93%
(Nov-20)
• Indian equity markets snapped the four-day winning streak with optimism
triggered by news of U.S. signing the $1.9-trillion stimulus package
overshadowed by persisting concerns over rising U.S. bond yield.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.95% and 0.95%
to close at 50,792.08 and 15,030.95 respectively.
• The overall market breadth on BSE was weak with 1,301 scrips advancing
and 1,714 scrips declining. A total of 170 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Utilities was the major gainer, up 1.33%
followed by S&P BSE Power, up 0.74% and S&P BSE Consumer Durables, up
0.26%. S&P BSE Auto was the major loser, down 1.6% followed by S&P BSE
Energy, down 1.39% and S&P BSE Bankex, down 1.28%.
• Government data showed that the Consumer Price Index based inflation
(CPI) rose to 5.03% in Feb 2021 from 4.06% in Jan 2021. The Consumer
Food Price Index also rose to 3.87% in Feb 2021 from 1.96% in the Jan
2021. CPI Inflation for vegetables fell 6.27% while that of oils and fats
witnessed a growth of 20.78%. CPI inflation for fuel and light stood at
3.53% during the month under review.
• Government data showed that the Index of Industrial Production (IIP)
witnessed contraction of 1.6% in Jan 2021 as compared to a growth of
2.2% in the same period of the previous year. The manufacturing sector fell
2.0% in Jan 2021 as compared to the growth of 1.8% in the same period of
the previous year and mining sector fell 3.7% in Jan 2021 as compared to a
growth of 4.4% in the same period of the previous year while the electricity
sector witnessed a growth of 5.5% in Jan 2021 as compared to growth of
3.1% in Jan 2020. For the period from Apr to Jan of 2021, IIP contracted
12.2% as compared to a growth of 0.5% in the same period of the previous
year.
• The finance ministry department has sent a memorandum to Securities
Excahnge Board of India (Sebi) to withdraw a rule treating AT1 bonds
(perpetuals) as having 100-year maturity. In the memorandum to Sebi, the
finance ministry has said that the revised norms will lead to huge mark to
market losses to investors.
• According to reports, the Securities Excahnge Board of India has organised
a group of experts to look into the feasibility of implementing Special
Purpose Acquisition Companies (SPACs)-style structures in India. Sebi's
Primary Market Advisory Committee (PMAC) has asked the company to
submit its report as soon as possible.
• Asian markets largely closed in the green, led by optimism over the passage
of the US$1.9 trillion covid-19 relief package and the European Central
Bank's (ECB) move to slow the early rise in long-term borrowing costs.
Today (as on Mar 15), markets are trading mixed ahead of the FOMC
meeting scheduled on Mar 16-17. Both Nikkei and Hang Seng are up 0.32%
and 0.64% (as at 8:00 AM IST), respectively.
• European markets witnessed mixed trend as positive impact of latest
development of COVID-19 vaccine distribution and new $1.9 trillion
stimulus package was neutralised by increase in U.S. Treasury yield.
• U.S. markets largely closed in the green as investors expressed optimism
about reopening of the economy after U.S. President directed states to
make all adults eligible for a coronavirus vaccine by May 1.
Markets for You
FII Derivative Trade Statistics
12-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 3490.76 3403.26 14103.28
Index Options 689855.38 684433.44 81237.02
Stock Futures 10071.23 10236.83 103393.52
Stock Options 11413.57 11396.29 13937.73
Total 714830.94 709469.82 212671.55
12-Mar Prev_Day
Change
Put Call Ratio (OI) 1.02 1.12 -0.10
Put Call Ratio(Vol) 1.00 0.95 0.05
12-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 3.22% 3.16% 3.31% 4.93%
T-Repo 3.25% 3.23% 3.07% 4.70%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.30% 3.26% 3.27% 4.85%
364 Day T-Bill 3.80% 3.70% 3.69% 4.89%
10 Year Gilt 6.23% 6.23% 5.99% 6.24%
G-Sec Vol. (Rs.Cr) 22839 25837 22020 68775
FBIL MIBOR 3.44% 3.40% 3.45% 5.15%
3 Month CP Rate 3.70% 3.70% 3.75% 5.60%
5 Year Corp Bond 6.27% 6.32% 6.60% 7.10%
1 Month CD Rate 3.05% 3.08% 3.44% 5.30%
3 Month CD Rate 3.37% 3.48% 3.38% 5.24%
1 Year CD Rate 4.41% 4.36% 4.10% 5.49%
Currency 12-Mar Prev_Day
Change
USD/INR 72.68 72.97 -0.29
GBP/INR 101.47 101.06 0.42
EURO/INR 86.88 86.62 0.26
JPY/INR 0.67 0.67 0.00
Commodity 12-Mar Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 65.55 66.04 59.47 31.51
Brent Crude($/bl) 69.30 70.21 62.40 31.56
Gold( $/oz) 1726 1701 1823 1577
Gold(Rs./10 gm) 44177 44310 47193 43228
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
15 March 2021
Derivative Statistics- Nifty Options
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• Nifty Mar 2021 Futures stood at 15,051.40, a premium of 20.45 points
above the spot closing of 15,030.95. The turnover on NSE’s Futures and
Options segment fell to Rs. 27,89,169.22 crore on March 12, 2021,
compared with Rs. 72,55,788.84 crore on March 10, 2021.
• The Put-Call ratio stood at 0.99 compared with the previous session’s close
of 0.91.
• The Nifty Put-Call ratio stood at 1.02 compared with the previous session’s
close of 1.12.
• Open interest on Nifty Futures stood at 13.65 million, compared with the
previous session’s close of 13.19 million.
• Bond yields fell as the weekly government auction was successfully
conducted without any devolvement on primary dealers. Meanwhile, market
participants await consumer inflation data for Feb 2021, due post-market
closing.
• Yield on the 10-year benchmark paper (5.85% GS 2030) fell 2 bps to close at
6.23% from the previous close of 6.25% after moving in the range of 6.22%
to 6.25%.
• RBI conducted the auction of 14-day Variable Rate Reverse Repo auction
under LAF for the notified amount of Rs. 2,00,000 crore, which was
completely accepted at a cut-off rate of 3.51%.
• According to the RBI’s data released in the weekly statistical supplement,
India’s foreign exchange reserves fell $0.43 billion to $580.30 billion in the
week ended Mar 05, 2021 from $584.55 billion in the previous week.
• The Indian rupee strengthened against the U.S. dollar tracking rise in
regional currencies amid optimism over the U.S. fiscal stimulus and upbeat
jobless claims data.
• Euro fell against the U.S. dollar following fresh rise in U.S. Treasury yields
that indicated risk-off sentiment in global currency markets.
• Gold prices rose on bargain hunting. However, rising U.S. Treasury yields
capped the gains.
• Brent crude prices rose following production cuts by major oil producers.
• The European Central Bank kept the scale of the pandemic emergency
purchasing programme, or PEPP, at EUR 1,850 billion, and said it would run
until the end of Mar 2022, or until the coronavirus crisis is over. The central
bank left its key interest rates unchanged. The European Central Bank also
mentioned that it would significantly increase the pace of its pandemic
emergency bond buys in the next quarter to soothe market fears about a
rise in government borrowing costs.
• According to the Labor Department, U.S. initial jobless claims fell 42,000 to
712,000 in the week ended Mar 6, 2021 from the previous week's revised
level of 754,000.
Markets for You
