Global Indices
Global Indices 15-Mar Prev_Day Abs. Change
% 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
% 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
% Change
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
% Change
Divi's Lab 3411 3512 -2.88
Hero Moto 3264 3351 -2.58
Bajaj Finserv Limited 9689 9934 -2.47
Advance Decline Ratio
BSE NSE
Advances 1165 691
Declines 1901 1316
Unchanged 197 74
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 48620
MF Flows** -30899
*15
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)
[1]
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
Indices Performance
P/E Dividend Yield
Sensex Nifty
4.50%
(Oct-20)
-7.50%
(Sep-20)
Quarter Ago
Inflow/Outflow
-864
3891
6.93%
(Nov-20)
• 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
year.
• 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
control.
• 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
$1.9 trillion stimulus bill.
Markets for You
FII Derivative Trade Statistics
15-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 5456.59 6042.61 13775.68
Index Options 339088.30 337198.92 105738.27
Stock Futures 11769.37 13126.12 101394.35
Stock Options 15096.60 15207.40 13905.58
Total 371410.86 371575.05 234813.88
15-Mar Prev_Day
Change
Put Call Ratio (OI) 0.93 1.02 -0.09
Put Call Ratio(Vol) 0.87 1.00 -0.13
15-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 3.25% 3.12% 3.25% 4.96%
T-Repo 3.26% 3.25% 3.03% 4.69%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.20% 3.28% 3.29% 4.85%
364 Day T-Bill 3.75% 3.69% 3.50% 4.95%
10 Year Gilt 6.20% 6.22% 6.02% 6.32%
G-Sec Vol. (Rs.Cr) 17666 23901 18943 68098
FBIL MIBOR
[1]
3.44% 3.35% 3.46% 5.15%
3 Month CP Rate 3.75% 3.70% 3.75% 5.95%
5 Year Corp Bond 6.29% 6.24% 6.63% 7.23%
1 Month CD Rate 3.17% 3.01% 3.49% 5.38%
3 Month CD Rate 3.49% 3.51% 3.36% 5.28%
1 Year CD Rate 4.36% 4.29% 4.11% 6.05%
Currency 15-Mar Prev_Day
Change
USD/INR 72.71 72.68 0.03
GBP/INR 101.13 101.47 -0.35
EURO/INR 86.76 86.88 -0.12
JPY/INR 0.67 0.67 0.00
Commodity 15-Mar
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 65.32 64.99 59.47 31.67
Brent Crude($/bl) 69.10 68.84 64.64 32.69
Gold( $/oz) 1732 1681 1819 1529
Gold(Rs./10 gm) 44674 44349 47195 41859
Source: Refinitiv
[1]
Data as on 12 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
16 March 2021
Derivative Statistics- Nifty Options
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• Nifty Mar 2021 Futures stood at 14,968.75, a premium of 39.25 points
above the spot closing of 14,929.50. The turnover on NSE’s Futures and
Options segment rose to Rs. 32,62,880.73 crore on March 15, 2021,
compared with Rs. 27,89,169.22 crore on March 12, 2021.
• The Put-Call ratio stood at 0.95 compared with the previous session’s close
of 0.99.
• The Nifty Put-Call ratio stood at 0.93 compared with the previous session’s
close of 1.02.
• Open interest on Nifty Futures stood at 13.45 million, compared with the
previous session’s close of 13.65 million.
• Bond yields fell as market participants expect open market operations
(OMO) purchases by the Reserve Bank of India (RBI) to continue till the
current fiscal year end.
• Yield on the 10-year benchmark paper (5.85% GS 2030) fell 3 bps to close at
6.20% from the previous close of 6.23% after moving in the range of 6.20%
to 6.25%.
• HDFC plans to raise funds selling commercial papers maturing in nearly one
year at a coupon of 4.50% and has received commitments worth around Rs.
150 crore
• Banks borrowed Rs. 23 crore under the central bank’s marginal standing
facility on Mar 12, 2021 compared to that of Mar 09 2021 when banks
borrowed nil.
• The Indian rupee gained for the fourth consecutive session against the U.S.
dollar on greenback inflows associated with initial public offerings of
corporates. However, gains were limited following rise on U.S. Treasury
yields.
• Euro fell against the U.S. dollar for the second consecutive session following
rise in U.S. Treasury yields ahead of key central bank meetings.
• Gold prices rose as market participants awaited the outcome of the U.S.
Federal Reserve monetary policy review which is due later in the week.
• Brent crude prices fell on concerns over inflation.
• According to the preliminary data by the University of Michigan, U.S.
consumer sentiment index rose to 83 in Mar 2021 after falling to 76.8 in Feb
2021. With the much bigger than expected increase, the consumer
sentiment index reached its highest level since hitting 89.1 in Mar 2020.
• According to Rightmove, U.K. house prices rose 0.8% MoM in Mar 2021
following 0.5% rise in Feb 2021. On a yearly basis, house price growth
slowed to 2.7% in Mar from 3% in Feb.
• According to the National Bureau of Statistics, China’s industrial production
rose 35.1% YoY in Jan 2021 to Feb 2021 as against 7.3% growth in Dec
2020. The report also mentioned that China’s retail sales rose 33.8% YoY
after rising 4.6% in the previous month.
Markets for You
