Global Indices
Global Indices 17-Mar Prev_Day Abs. Change
% Change
Russell 3000 1,985 1,982 2 0.12
Nasdaq 13,525 13,472 54 0.40
FTSE 6,763 6,804 -41 -0.60
Nikkei 29,914 29,921 -7 -0.02
Hang Seng 29,034 29,028 6 0.02
Indian Indices 17-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,802 50,364 -562 -1.12
Nifty 50 14,721 14,910 -189 -1.27
Nifty 100 14,829 15,033 -204 -1.36
Nifty 500 12,320 12,513 -193 -1.54
Nifty Bank 34,229 34,805 -575 -1.65
S&P BSE Power 2,469 2,542 -73 -2.87
S&P BSE Small Cap 20,714 21,163 -449 -2.12
S&P BSE HC 20,691 21,110 -419 -1.98
Date P/E Div. Yield P/E Div. Yield
17-Mar 34.72 0.72 40.10 1.08
Month Ago 36.01 0.69 41.49 1.04
Year Ago 18.55 1.44 20.41 1.70
Nifty 50 Top 3 Gainers
Company 17-Mar Prev_Day
% Change
ITC 211 208 1.32
Infosys 1387 1384 0.22
HDFC Ltd. 2516 2510 0.21
Nifty 50 Top 3 Losers Domestic News
Company 17-Mar Prev_Day
% Change
ONGC 109 115 -5.00
BPCL 432 454 -4.80
Tata Motors 306 320 -4.42
Advance Decline Ratio
BSE NSE
Advances 795 382
Declines 2188 1582
Unchanged 142 61
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 54915
MF Flows** -29461
*17
th
Mar 2021; **16
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 16 Mar, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
18 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
-154
7257
6.93%
(Nov-20)
• Indian equity markets fell for the fourth consecutive session with investors
adopting a cautious stance ahead of the outcome of U.S. Fed meeting,
scheduled later during the day. Sentiments also remained bearish amid
resurgence in COVID-19 cases and rise in global crude oil prices.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.12% and 1.27%
to close at 49,801.62 and 14,721.30 respectively.
• The overall market breadth on BSE was weak with 795 scrips advancing and
2,188 scrips declining. A total of 142 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Oil & Gas was the major
loser, down 3.22%, followed by S&P BSE Power and S&P BSE Realty, down
2.87% and 2.79%, respectively. S&P BSE Energy and S&P BSE Utilities lost
2.45% and 2.44% respectively.
• Government has formed an expert advisory committee that will oversee
the Startup India Seed Fund Scheme's overall execution and monitoring.
According to an office memorandum from the Department for Promotion
of Industry and Internal Trade (DPIIT), the committee will evaluate and
select incubators for allotment of funds under the scheme, track progress,
and take all appropriate steps for efficient utilisation of funds against the
scheme's objectives.
• The Securities and Exchange Board of India (Sebi) has proposed to
streamline the initial public offering (IPO) process with unified payment
interface (UPI) in application supported by blocked amount (ASBA) and
redressal of investor grievances.
• According to media reports, the Centre is likely to keep the Reserve Bank of
India's inflation targeting band unchanged at the current 2%-6% range as
policymakers remain focused on rising prices in the aftermath of the
pandemic.
• According to media reports, government is expected to retain the current
withholding tax rate of 5% on interest earned on rupee-denominated
bonds by foreign portfolio investors (FPIs), going into the next fiscal year.
• Bharat Aluminum Company (BALCO), a leading aluminium producer in India,
has awarded Hitachi ABB Power Grids an order worth Rs. 124 crore to
improve its power infrastructure at its plant in Chhattisgarh.
• DLF plans to raise Rs. 500 crore by issuing redeemable non-convertible
debentures (NCDs) at a coupon rate of 8.25%. However, DLF did not specify
the purpose of fund raising.
• Asian markets largely remained low as investors remained cautious ahead
to the Federal Reserve's monetary policy announcement scheduled later in
the day. Today (as on Mar 18), markets are majorly trading higher in
reaction to the favourable outcome of the Fed meeting. Both Nikkei and
Hang Seng are up 1.54% and 1.37% (as at 8:00 AM IST), respectively.
• European markets closed in the red with investors keenly awaiting U.S.
Federal Reserve's monetary policy announcement, due later in the day.
• U.S. markets rose after U.S Fed forecasted stronger economic growth and
higher inflation this year but indicated it expects to keep interest rates at
near-zero levels through 2023.
Markets for You
FII Derivative Trade Statistics
17-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 4302.00 4026.84 13636.57
Index Options 473947.92 474653.46 113209.42
Stock Futures 10788.46 10495.50 99891.62
Stock Options 14001.58 14238.28 14685.42
Total 503039.96 503414.08 241423.03
17-Mar Prev_Day
Change
Put Call Ratio (OI) 0.87 0.92 -0.06
Put Call Ratio(Vol) 0.86 0.97 -0.12
17-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 3.25% 3.24% 3.22% 4.97%
T-Repo 3.29% 3.24% 2.26% 4.55%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.26% 3.24% 3.26% 4.85%
364 Day T-Bill 3.81% 3.80% 3.70% 5.00%
10 Year Gilt 6.19% 6.21% 6.03% 6.26%
G-Sec Vol. (Rs.Cr) 16908 21992 18736 51487
FBIL MIBOR
[1]
3.45% 3.42% 3.46% 5.15%
3 Month CP Rate 3.75% 3.70% 3.70% 6.00%
5 Year Corp Bond 6.67% 6.26% 6.64% 7.32%
1 Month CD Rate 3.40% 3.02% 3.43% 5.57%
3 Month CD Rate 3.50% 3.37% 3.32% 5.20%
1 Year CD Rate 4.43% 4.37% 4.04% 6.11%
Currency 17-Mar Prev_Day
Change
USD/INR 72.57 72.48 0.09
GBP/INR 100.87 100.52 0.35
EURO/INR 86.41 86.48 -0.07
JPY/INR 0.67 0.66 0.00
Commodity 17-Mar
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 64.51 64.41 61.06 26.91
Brent Crude($/bl) 67.83 66.69 65.28 28.41
Gold( $/oz) 1744 1726 1776 1528
Gold(Rs./10 gm) 44763 44478 46490 39741
Source: Refinitiv
[1]
Data as on 16 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
18 March 2021
Derivative Statistics- Nifty Options
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• Nifty Mar 2021 Futures stood at 14,771.30, a premium of 50.00 points
above the spot closing of 14,721.30. The turnover on NSE’s Futures and
Options segment rose to Rs. 42,45,096.45 crore on March 17, 2021,
compared with Rs. 34,56,032.97 crore on March 16, 2021.
• The Put-Call ratio stood at 0.92 compared with the previous session’s close
of 1.01.
• The Nifty Put-Call ratio stood at 0.87 compared with the previous session’s
close of 0.92.
• Open interest on Nifty Futures stood at 12.56 million, compared with the
previous session’s close of 12.94 million.
• After falling in the last three consecutive sessions, bond yields were little
changed as market participants await the Reserve Bank of India’s (RBI)
special open market operations (OMO) due on Thursday.
• Yield on the 10-year benchmark paper (5.85% GS 2030) rose 1 bps to close
at 6.19% from the previous close of 6.18% after moving in the range of
6.16% to 6.19%.
• Bharat Heavy Electricals plans to raise funds selling commercial papers
maturing in two months at a coupon of 3.66% and has received
commitments worth around Rs. 300 crore.
• Banks did not borrowed under the central bank’s marginal standing facility
on Mar 15, 2021 compared to that of Mar 12 2021 when banks borrowed
Rs. 23 crore.
• The Indian rupee was little changed against the U.S. dollar, ahead of the U.S.
Federal Reserve's policy decision that could signal the outlook for interest
rates and the tolerance for rising bond yields.
• The euro rose against the U.S. dollar as the latter remained under pressure
after the U.S. Federal Reserve kept interest rates unchanged and added that
it does not expect to raise interest rates through all of 2023.
• Gold prices rose as the greenback remained under pressure after the U.S.
Federal Reserve kept interest rates unchanged and indicated that there are
no interest rate hikes likely through 2023 despite an improving outlook and
higher inflation.
• A global rating agency has affirmed the sovereign ratings of the U.S. at 'AA+'
with 'stable' outlook. The agency retained the ratings because of the
country's strong institutions, dynamic and resilient economy, monetary
policy stability, and unique position as the world's leading reserve currency
issuer.
• According to data from Eurostat, eurozone’s consumer price index rose
0.9% YoY in Feb 2021, same rate as in Jan 2021.
• According to the Ministry of Finance, Japan’s witnessed a merchandise trade
surplus of 217.381 billion yen in Feb 2021, down 80.5% YoY as against
downwardly revised 325.4 billion yen deficit in Jan 2021
Markets for You
