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17 Mar 2020
Markets for You
Global Indices
Global Indices 16-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,098 1,254 -157 -12.48
Nasdaq 6,905 7,875 -970 -12.32
FTSE 5,151 5,366 -215 -4.01
Nikkei 17,002 17,431 -429 -2.46
Hang Seng 23,064 24,033 -969 -4.03
Indian Indices 16-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,390 34,103 -2,713 -7.96
Nifty 50 9,197 9,955 -758 -7.61
Nifty 100 9,317 10,050 -733 -7.30
Nifty 500 7,592 8,163 -571 -7.00
Nifty Bank 23,101 25,166 -2,065 -8.21
S&P BSE Power 1,450 1,551 -101 -6.53
S&P BSE Small Cap 11,095 11,761 -666 -5.66
S&P BSE HC 12,179 12,675 -497 -3.92
Date P/E Div. Yield P/E Div. Yield
16-Mar 19.00 1.40 20.93 1.66
Month Ago 25.01 1.03 27.45 1.26
Year Ago 28.15 1.13 28.01 1.18
Nifty 50 Top 3 Gainers
Company 13-Mar Prev_Day
% Change
#
Yes Bank 26 25 2.00
Nifty 50 Top 3 Losers Domestic News
Company 13-Mar Prev_Day
% Change
#
IndusInd Bank 664 804 -17.37
JSW Steel 186 215 -13.45
Tata Steel 290 327 -11.36
Advance Decline Ratio
BSE NSE
Advances 411 309
Declines 2047 1640
Unchanged 160 92
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -17575
MF Flows** 19625
*16
th
Mar 2020; **13
th
Mar 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.58%
(Feb-20)
2.57%
(Feb-19)
IIP
2.00%
(Jan-20)
1.60%
(Jan-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 13 Mar 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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
-6.60%
(Oct-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
-160
-6741
5.54%
(Nov-19)
• Indian equity markets ended deep in the red following yet another selloff in
global equities. Increasing fears of a coronavirus-led economic slowdown
and rising foreign fund outflows as the rupee weakens weighing on markets.
Global central banks announced fresh stimulus measures to support the
global economy suffering because of the coronavirus outbreak.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 7.96% and 7.61% to
close at 31,390.07 and 9,197.40 respectively. S&P BSE MidCap and S&P BSE
SmallCap lost 5.94% and 5.66% respectively.
• The overall market breadth on BSE was weak with 411 scrips advancing and
2,047 scrips declining. A total of 160 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Metal was the major
loser, down 9.3%, followed by S&P BSE Bankex and S&P BSE Finance, down
8.36% and 8.31%, respectively. S&P BSE Realty and S&P BSE IT lost 8.22%
and 7.82% respectively.
• India’s Wholesale Price Index (WPI) - based inflation slowed down to 2.26% in
Feb 2020 from 3.1% in Jan 2020 and 2.93% in Feb 2019. Food articles
inflation slowed to 7.79% in Feb from 11.51% in Jan as inflation in
vegetables and onion came in at 29.97% from 52.72% and 162.30% from
293.37%, respectively. WPI Food Index decreased to 7.31% in Feb from
10.12% in Jan.
• The Reserve Bank of India (RBI) governor has announced steps including a
U.S. dollar-rupee sell-buy swap and long-term repo operations (LTRO) amid
concerns related to coronavirus. RBI, however, did not announce a rate cut,
which was being expected widely, media reports showed.
• The Reserve Bank of India has asked banks to take measures and put in place
business continuity plans to prevent any disruption of services due to
coronavirus outbreak, media reports showed. There is need for a co-
ordinated strategy for handling the emerging situations for protecting the
resilience of the Indian financial system, RBI said in a statement.
• The government said India's near-term macroeconomic outlook is vulnerable
to disruption of trade with China due to the coronavirus outbreak. It also said
latest data do not suggest any adverse impact on the economy and sliding
crude oil prices may be a silver lining, media reports showed.
• Asian equity markets declined steeply in spite of emergency rate cuts by the
U.S. Federal Reserve and a fresh round of liquidity injections by the Bank of
China. Weak Chinese economic data added to investor concerns over impact
of the coronavirus. Today (as of Mar 17), Asian markets opened lower as
overnight U.S. markets nosedived. Both Nikkei and Hang Seng fell 0.15% and
0.27% (as at 8.a.m. IST), respectively.
• European markets declined as much of the region has been shut down to
prevent the spread of the coronavirus. Spain has imposed a 15-day
nationwide lockdown as it confirmed the highest number of cases in Europe,
after Italy.
• U.S. markets plunged witnessing their worst day since the “Black Monday”
market crash in 1987 and its third-worst day ever. This came despite the
Federal Reserve undertaking on a massive monetary stimulus campaign.
Markets for You
FII Derivative Trade Statistics 16-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 15001.85 12501.57 14715.47
Index Options 88329.08 88152.48 65463.11
Stock Futures 22062.18 19961.36 80299.88
Stock Options 5537.07 5222.30 3908.75
Total 130930.18 125837.71 164387.21
16-Mar Prev_Day
Change
Put Call Ratio (OI) 0.99 1.11 -0.12
Put Call Ratio(Vol) 0.67 0.56 0.11
16-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate
[1]
4.96% 4.96% 5.03% 6.23%
T-Repo
[1]
4.69% 4.86% 4.95% 6.22%
Repo 5.15% 5.15% 5.15% 6.25%
Reverse Repo 4.90% 4.90% 4.90% 6.00%
91 Day T-Bill 4.72% 4.81% 5.03% 6.28%
364 Day T-Bill 4.95% 4.80% 5.20% 6.37%
10 Year Gilt 6.21% 6.07% 6.37% 7.34%
G-Sec Vol. (Rs.Cr) 75948 95627 95610 43737
FBIL MIBOR
[1]
5.15% 5.15% 5.15% 6.26%
3 Month CP Rate 6.00% 5.55% 5.70% 7.50%
5 Year Corp Bond 7.18% 6.89% 6.98% 8.32%
1 Month CD Rate 5.52% 5.27% 5.10% 7.18%
3 Month CD Rate 5.10% 5.23% 5.36% 7.34%
1 Year CD Rate 6.10% 5.88% 5.78% 7.53%
Currency 16-Mar Prev_Day
Change
USD/INR 74.27 74.07 0.20
GBP/INR 91.68 93.00 -1.32
EURO/INR 82.70 82.96 -0.26
JPY/INR 0.70 0.70 0.00
Commodity 16-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
28.91 31.00 51.98 58.46
Brent Crude($/bl) 28.42 35.87 57.96 66.10
Gold( $/oz) 1514 1680 1584 1301
Gold(Rs./10 gm) 39867 43750 40676 31966
Source: Refinitiv
[1]
Data as on 13 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
17 March 2020
Derivative Statistics- Nifty Options
Disclaimer:
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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
Asset Management Limited (NAM India) (formerly Reliance Nippon Life Asset Management Limited) has not independently verified the accuracy or authenticity of such information or data, or for that matter the
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.
Some of the statements & assertions contained in these materials may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the
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• Nifty Mar 2020 Futures stood at 9,118.45, a discount of 78.95 points below
the spot closing of 9,197.40. The turnover on NSE’s Futures and Options
segment fell to Rs. 6,45,830.81 crore on March 16, 2020, compared with Rs.
8,07,416.92 crore on March 13, 2020.
• The Put-Call ratio stood at 0.6 compared with the previous session’s close of
0.48.
• The Nifty Put-Call ratio stood at 0.99 compared with the previous session’s
close of 1.11.
• Open interest on Nifty Futures stood at 20.37 million, compared with the
previous session’s close of 18.17 million.
• Bond yields tumbled on rising speculations of policy easing by the central
bank in its upcoming policy meet. The rumours of the policy rate cut
strengthened following the Federal Reserve’s rate cut to nearly zero amid
the coronavirus scare.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) fell 11 bps to
close at 6.21% from the previous closing of 6.32% after moving in a range of
6.12% to 6.25%.
• RBI decided to conduct an Long Term Repo Operation for a notified amount
of Rs. 25,000 crore on Mar 18, 2020.
• The Indian rupee in spot trade weakened against the greenback following
losses in the domestic equity market.
• The euro rose against the greenback as the latter remained under pressure
after the U.S. Federal Reserve in an emergency move lowered its benchmark
interest rate to zero and launched a new round of quantitative easing
program. The euro closed at 1.1181, up 0.68% compared to the previous
day’s close of 1.1105.
• Gold prices fell as the investor risk sentiment improved to some extent after
key central banks across the globe adopted stimulus measures.
• Brent crude prices plummeted as it came below $29 per barrel amid concerns
over the coronavirus outbreak.
• The U.S. Federal Reserve, Bank of Canada, Bank of England, Bank of Japan,
the European Central Bank and the Swiss National Bank agreed to lower the
pricing on the standing U.S. dollar liquidity swap arrangements by 25 basis
points, so that the new rate will be the U.S. dollar overnight index swap (OIS)
rate plus 25 basis points.
• The U.S. Federal Reserve reduced the interest rate to near zero. The Fed said
it will increase its holdings of Treasury securities by at least $500 billion and
its holdings of agency mortgage-backed securities by at least $200 billion.
• According to a Federal Reserve Bank of New York report, its general business
conditions index plunged to a negative 21.5 in Mar 2020 from a positive 12.9
in Feb 2020.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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