Global Indices
Global Indices 16-Mar Prev_Day Abs. Change
% Change
Russell 3000 1,982 1,980 2 0.11
Nasdaq 13,472 13,460 12 0.09
FTSE 6,804 6,750 54 0.80
Nikkei 29,921 29,767 154 0.52
Hang Seng 29,028 28,834 194 0.67
Indian Indices 16-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 50,364 50,395 -31 -0.06
Nifty 50 14,910 14,930 -19 -0.13
Nifty 100 15,033 15,041 -8 -0.05
Nifty 500 12,513 12,510 3 0.02
Nifty Bank 34,805 35,183 -378 -1.07
S&P BSE Power 2,542 2,539 3 0.13
S&P BSE Small Cap 21,163 21,096 67 0.32
S&P BSE HC 21,110 21,068 42 0.20
Date P/E Div. Yield P/E Div. Yield
16-Mar 35.17 0.71 40.61 1.07
Month Ago 36.13 0.71 41.78 1.04
Year Ago 19.00 1.40 20.93 1.66
Nifty 50 Top 3 Gainers
Company 16-Mar Prev_Day
% Change
Asian Paints 2469 2355 4.82
Dr.Reddy 4450 4342 2.47
HUL 2244 2211 1.50
Nifty 50 Top 3 Losers Domestic News
Company 16-Mar Prev_Day
% Change
Tata Steel 724 736 -1.68
Cipla 792 806 -1.64
L&T Ltd. 1462 1484 -1.48
Advance Decline Ratio
BSE NSE
Advances 1421 913
Declines 1543 1022
Unchanged 174 98
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 47658
MF Flows** -30899
*16
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 15 Mar, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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
-962
6.93%
(Nov-20)
• Indian equity markets settled with marginal losses as rising COVID-19 cases
increased the risk of a second wave and disappointing macro-economic
data soured investor sentiments. Market participants were worried after
Gujarat decided to impose night curfew in Surat, Rajkot, Ahmedabad, and
Vadodara for the next fortnight owing to rising cases of COVID-19
infection.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.06% and 0.13%
to close at 50,363.96 and 14,910.45 respectively.
• The overall market breadth on BSE was weak with 1,421 scrips advancing
and 1,543 scrips declining. A total of 174 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 1.35%
followed by S&P BSE Teck, up 1.08% and S&P BSE Telecom, up 0.99%. S&P
BSE Bankex was the major loser, down 1.03% followed by S&P BSE Finance,
down 0.66% and S&P BSE Metal, down 0.65%.
• According to the Finance Minister, the Union Cabinet has cleared the
setting up of a Development Finance Institution (DFI). The objective of the
move is to boost long term infrastructure and development projects of the
country.
• According to the Union Minister of State for Finance & Corporate Affairs,
fiscal deficit for FY22 is estimated at 6.8%. The minister further added that
under the restructured fiscal consolidation path the government aims to
reach fiscal deficit at 4.5% of GDP by FY26.
• The government proposed to import pulses. The objective of the move is to
improve availability and check prices. The government in this regard issued
notification for the annual import quota of 4 Lakh MT (LMT) of Urad for
FY22.
• According to the Union Minister of State for Finance & Corporate Affairs
and as per the data provided by the National Company Law Tribunal (NCLT),
324 companies filed for bankruptcy between 2018 to 2020. 149 companies
filed for bankruptcy in 2018, 103 in 2019 and 72 in 2020.
• Godrej Properties has announced that it has raised Rs. 3,750 crore through
the largest qualified institutional placement (QIP) of shares by a real estate
company in India.
• Bharat Forge said it expects to enter the electric vehicle (EV) market
through a special purpose vehicle that will be a wholly-owned subsidiary.
• Asian markets largely closed in the green with investors awaiting policy
cues from the Federal Reserve meeting this week. Japanese markets rose
as prospects of a stimulus-driven global economic recovery got brighter.
Today (as on Mar 17), markets are trading lower as investors wait for the
outcome of the Fed’s two-day policy meeting later in the day. While Nikkei
is up 0.12%, Hang Seng is down 0.07% (as at 8:00 AM IST).
• European markets went up following news about EU leaders reaffirming
their commitment to support the bloc's economy and agreeing on the need
to keep a budgetary stance in 2021 and in 2022.
• U.S. markets largely closed in the red amid caution ahead of the Federal
Reserve's monetary policy announcement on Mar 17.
Markets for You
FII Derivative Trade Statistics
16-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 5427.07 5924.20 13669.48
Index Options 422032.67 419146.66 111974.06
Stock Futures 11328.09 12129.06 100315.06
Stock Options 16546.51 16684.51 14221.01
Total 455334.34 453884.43 240179.61
16-Mar Prev_Day
Change
Put Call Ratio (OI) 0.92 0.93 -0.01
Put Call Ratio(Vol) 0.97 0.87 0.10
16-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 3.27% 3.17% 3.21% 4.97%
T-Repo 3.27% 3.26% 2.71% 4.88%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.27% 3.30% 3.27% 4.72%
364 Day T-Bill 3.55% 3.67% 3.53% 4.95%
10 Year Gilt 6.18% 6.21% 6.02% 6.21%
G-Sec Vol. (Rs.Cr) 17559 22063 15394 75948
FBIL MIBOR
[1]
3.45% 3.34% 3.46% 5.15%
3 Month CP Rate 3.75% 3.70% 3.75% 6.00%
5 Year Corp Bond 6.67% 6.31% 6.60% 7.18%
1 Month CD Rate 3.50% 3.08% 3.34% 5.52%
3 Month CD Rate 3.50% 3.44% 3.36% 5.10%
1 Year CD Rate 4.42% 4.28% 4.11% 6.10%
Currency 16-Mar Prev_Day
Change
USD/INR 72.48 72.71 -0.23
GBP/INR 100.52 101.13 -0.60
EURO/INR 86.48 86.76 -0.27
JPY/INR 0.66 0.67 0.00
Commodity 16-Mar
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 64.78 63.98 60.04 28.91
Brent Crude($/bl) 68.24 67.05 64.38 28.42
Gold( $/oz) 1731 1715 1794 1514
Gold(Rs./10 gm) 44740 44451 47257 39867
Source: Refinitiv
[1]
Data as on 15 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
17 March 2021
Derivative Statistics- Nifty Options
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• Nifty Mar 2021 Futures stood at 14,959.70, a premium of 49.25 points
above the spot closing of 14,910.45. The turnover on NSE’s Futures and
Options segment rose to Rs. 34,56,032.97 crore on March 16, 2021,
compared with Rs. 32,62,880.73 crore on March 15, 2021.
• The Put-Call ratio stood at 1.01 compared with the previous session’s close
of 0.95.
• The Nifty Put-Call ratio stood at 0.92 compared with the previous session’s
close of 0.93.
• Open interest on Nifty Futures stood at 12.94 million, compared with the
previous session’s close of 13.45 million.
• Bond yields fell for the third consecutive session as market participants
expect open market operations (OMO) purchases by the Reserve Bank of
India (RBI) to continue till March 2021 end.
• Yield on the 10-year benchmark paper (5.85% GS 2030) fell 2 bps to close at
6.18% from the previous close of 6.20%.
• GIC Housing Finance plans to raise funds selling commercial papers
maturing in over two months at a coupon of 3.75% and has received
commitments worth around Rs. one crore.
• RBI conducted the auction of state development loans of 15 State
Governments/ Union Territories for a notified amount of Rs. 23,749 crore
for which the amount accepted stood at Rs. 23,619 crore. The cut off yield
stood in the range of 6.43% to 7.19%. Assam has not accepted any amount
in the 6 year security. Gujarat has accepted an additional amount of Rs. 500
crore.
• After rising in the last four consecutive sessions, the Indian rupee fell
against the U.S. dollar, likely on intervention by the Reserve Bank of India
through greenback purchases via state-run banks along with rise in U.S.
dollar index.
• Euro fell against the U.S. dollar as market participants waited for the U.S.
Federal Reserve meeting to set the tone for markets.
• Gold prices inched down due to a stronger greenback.
• Brent crude prices fell on concerns over rising stockpiles in the U.S.
• According to ZEW - Leibniz Centre, Germany’s economic sentiment rose 5.4
points to 76.6 points in Mar 2021. The current economic situation index rose
6.2 points to -61.0 in Mar.
• According to data from the Ministry of Economy, Trade and Industry,
Japan’s industrial production rose 4.3% MoM in Jan 2021 as against initial
estimate of 4.2% rise. On a yearly basis, industrial production fell 5.2% in
Jan 2021.
Markets for You
