Global Indices 15-Mar Prev_Day Abs. Change
Russell 3000 1,980 1,962 19 0.96
Nasdaq 13,460 13,320 140 1.05
FTSE 6,750 6,761 -12 -0.17
Nikkei 29,767 29,718 49 0.17
Hang Seng 28,834 28,740 94 0.33
Indian Indices 15-Mar Prev_Day Abs. Change
S&P BSE Sensex 50,395 50,792 -397 -0.78
Nifty 50 14,930 15,031 -101 -0.67
Nifty 100 15,041 15,140 -99 -0.66
Nifty 500 12,510 12,594 -84 -0.67
Nifty Bank 35,183 35,497 -314 -0.88
S&P BSE Power 2,539 2,514 25 0.98
S&P BSE Small Cap 21,096 21,209 -113 -0.53
S&P BSE HC 21,068 21,286 -218 -1.02
Date P/E Div. Yield P/E Div. Yield
15-Mar 35.25 0.71 40.66 1.06
Month Ago 36.21 0.71 41.59 1.04
Year Ago 20.82 1.28 22.66 1.53
Nifty 50 Top 3 Gainers
Company 15-Mar Prev_Day
JSW Steel 430 419 2.60
Tech Mahindra 1027 1003 2.33
Tata Steel 736 720 2.28
Nifty 50 Top 3 Losers Domestic News
Company 15-Mar Prev_Day
Divi's Lab 3411 3512 -2.88
Hero Moto 3264 3351 -2.58
Bajaj Finserv Limited 9689 9934 -2.47
Advance Decline Ratio
Advances 1165 691
Declines 1901 1316
Unchanged 197 74
Institutional Flows (Equity)
FII Flows* 48620
MF Flows** -30899
Mar 2021; **5
YoY(%) Current Year Ago
Data as on 12 Mar, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
16 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
P/E Dividend Yield
• Indian equity markets closed in the red, dragged by weak macroeconomic
data and resurgence in COVID-19 infections. Besides, elevated crude prices
and jump in U.S. Treasury yields also weighed on sentiment.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.78% and 0.67%
to close at 50,395.08 and 14,929.50 respectively.
• The overall market breadth on BSE was weak with 1,165 scrips advancing
and 1,901 scrips declining. A total of 197 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 1.49%
followed by S&P BSE Power, up 0.98% and S&P BSE Utilities, up 0.51%. S&P
BSE Energy was the major loser, down 1.2% followed by S&P BSE Finance,
down 1.19% and S&P BSE Healthcare, down 1.02%.
• Government data showed that the wholesale price index (WPI) based
inflation rose 27-month high to 4.17% in Feb 2021 from 2.03% in the
previous month and 2.26% in the same month of the previous year. The
WPI Food Index rose 3.31% in Feb 2021 from contraction of 0.26% in the
previous month and growth of 1.11% in Dec 2020. Under food articles, WPI
inflation for vegetables contracted 2.90% in Feb 2021 as compared to
contraction of 20.82% in the previous month. WPI inflation for potato
contracted 29.78% as compared to contraction of 22.04% in the previous
month. WPI inflation for fuel and power rose 0.58% in Feb 2021 after
contracting for seven consecutive months.
• Government data showed that India’s trade deficit widened to $12.62
billion in Feb 2021 from $10.16 billion in the same period of the previous
• Finance Minister introduced a Bill tin Rajya Sabha to amend the Insurance
Act, allowing for 74% foreign direct investment (FDI) in the sector.
Amendments to the Insurance Amendment Bill 2021 have been approved
by the Union Cabinet. Currently, the maximum amount of FDI allowed in life
and general insurance is 49%, with Indian ownership and management
• The Reserve Bank of India (RBI) has maintained its stance on
cryptocurrencies, informing the government of its decision to pursue a ban
on such instruments after previously expressing serious concerns. While
stating that blockchain technology should be promoted, the central bank
has challenged the utility of cryptocurrencies being classified as a currency.
• Tech Mahindra has acquired a 70% stake in Perigord, a leading global
provider of consulting and labelling artwork solutions to the
pharmaceutical industry, for an undisclosed amount. Tech Mahindra will be
able to extend its expertise in the global pharmaceutical, healthcare, and
life science (HLS) sectors as a result of this acquisition.
• Allianz Investment Management SE (Allianz)–the investment management
arm of Germany's Allianz Group –and Kotak Investment Advisors (KIAL) have
announced a partnership to invest in the Indian private credit sector.
• Asian markets witnessed a mixed trend with investors awaiting the
outcome of this week's Federal Reserve meeting for near time cues on
rising yields and the U.S. economic outlook. Today (as on Mar 16), markets
are trading higher following overnight gains in Wall Street. Both Nikkei and
Hang Seng are up 0.68% and 0.64% (as at 8:00 AM IST), respectively.
• European markets witnessed mixed trend as investors stayed largely
cautious, ahead of the upcoming policy meetings of the Federal Reserve
and the Bank of England.
• U.S. markets went up on optimism about the economic outlook amid
stepped up coronavirus vaccination efforts and the recent passage of a new
$1.9 trillion stimulus bill.