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19 Mar 2020
Markets for You
Global Indices
Global Indices 18-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,104 1,159 -55 -4.76
Nasdaq 6,990 7,335 -345 -4.70
FTSE 5,081 5,295 -214 -4.05
Nikkei 16,727 17,012 -285 -1.68
Hang Seng 22,292 23,264 -972 -4.18
Indian Indices 18-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 28,870 30,579 -1,710 -5.59
Nifty 50 8,469 8,967 -498 -5.56
Nifty 100 8,608 9,105 -497 -5.46
Nifty 500 7,011 7,418 -407 -5.49
Nifty Bank 20,580 22,155 -1,575 -7.11
S&P BSE Power 1,348 1,443 -94 -6.54
S&P BSE Small Cap 10,183 10,844 -661 -6.09
S&P BSE HC 11,608 12,175 -567 -4.66
Date P/E Div. Yield P/E Div. Yield
18-Mar 17.49 1.52 19.27 1.80
Month Ago 24.99 1.04 27.29 1.27
Year Ago 27.97 1.14 28.10 1.18
Nifty 50 Top 3 Gainers
Company 18-Mar Prev_Day
% Change
#
Zee Ente. 164 133 23.29
ONGC 68 60 13.58
Yes Bank
[2]
26 25 2.00
Nifty 50 Top 3 Losers Domestic News
Company 18-Mar Prev_Day
% Change
#
IndusInd Bank 461 604 -23.73
Bharti Infratel 150 194 -22.89
Kotak Bank 1172 1323 -11.40
Advance Decline Ratio
BSE NSE
Advances 346 248
Declines 2045 1674
Unchanged 141 102
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -25938
MF Flows** 25759
*18
th
Mar 2020; **16
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 17 Mar 2020;
[2]
Data as on 13 Mar 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
19 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
1680
-3663
5.54%
(Nov-19)
• Indian equity markets declined as a spreading coronavirus pandemic
threatens to bring the world to a halt. The indices ended below the 29,000
and 9,000 marks, touching their lowest levels in three years. The number of
positive cases in India have gone up to 147 and experts are saying this could
just be the tip of the iceberg.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 5.59% and 5.56% to
close at 28,869.51 and 8,468.80 respectively. S&P BSE MidCap and S&P BSE
SmallCap lost 4.84% and 6.09% respectively.
• The overall market breadth on BSE was weak with 346 scrips advancing and
2,045 scrips declining. A total of 141 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Telecom was the major
loser, down 9.48%, followed by S&P BSE Finance and S&P BSE Utilities, down
7.65% and 7.14%, respectively. S&P BSE Bankex and S&P BSE Power lost
6.99% and 6.53% respectively.
• The Reserve Bank of India (RBI) said it will conduct open market operations
on Mar 20, 2020, in the form of purchase of an aggregate amount of Rs.
10,000 crore of government securities with tenor between two and five
years. This is being done to maintain stability in the financial system in the
wake of coronavirus outbreak.
• A major global rating agency has lowered India's economic growth forecast
to 5.2% for calendar year 2020 from the earlier projected 5.7%. It said the
global economy is entering a recession amid the coronavirus pandemic. Asia-
Pacific economic growth in 2020 will more than halve to less than 3%. By
recession, it means at least two quarters of well below-trend growth enough
to trigger rising unemployment.
• The Supreme Court has made it clear that there could not be another
attempt at calculating the adjusted gross revenue (AGR) dues of telecom
firms. It reprimanded the department of telecommunications (DoT) for
allowing companies to undertake self-assessment and called the purpose of
doing the numbers again a fraud on the court. It asked the DoT to withdraw
the move. The companies’ self-assessment of dues to the government are
Rs. 82,300 crore short of what the telecom department calculated after the
Supreme Court's ruling on AGR.
• Media reports showed total liabilities of the government increased to Rs.
93.89 lakh crore at the end of Dec 2019, up 3.2% compared with the
previous quarter. The liabilities, including those under the public account,
had stood at Rs. 91,01,484 crore at the end of Sep 2019.
• Asian equity markets fell steeply as investors were faced with the possibility
of a pandemic-induced global recession. A major global rating agency
warned that the global economy is set to see a recession in 2020 due to the
severe economic shock caused by the coronavirus. This even overshadowed
news that the U.S. administration could announce a stimulus package
exceeding $1 trillion to combat the economic impact of the virus outbreak.
Today (as of Mar 19), Asian markets opened mixed as the European Central
Bank announced a $821 billion stimulus package. Nikkei rose 0.50% and
Hang Seng dropped 0.32% (as at 8.a.m. IST).
• European markets declined despite Western governments promising
stimulus of billions of dollars to help businesses and citizens tackle the
coronavirus pandemic.
• U.S. markets ended deep in the red reaching a new pandemic crisis low as
investors worried about the economic damage from the outbreak.
Markets for You
FII Derivative Trade Statistics 18-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 8823.75 7963.60 16146.39
Index Options 110930.16 111212.44 62620.73
Stock Futures 18734.27 17380.50 72358.96
Stock Options 2247.63 2347.20 3478.31
Total 140735.81 138903.74 154604.39
18-Mar Prev_Day
Change
Put Call Ratio (OI) 0.96 1.03 -0.07
Put Call Ratio(Vol) 0.67 0.69 -0.02
18-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 4.98% 4.95% 4.95% 6.20%
T-Repo 4.44% 4.88% 4.89% 6.14%
Repo 5.15% 5.15% 5.15% 6.25%
Reverse Repo 4.90% 4.90% 4.90% 6.00%
91 Day T-Bill 4.77% 4.85% 5.02% 6.32%
364 Day T-Bill 5.16% 4.95% 5.18% 6.40%
10 Year Gilt 6.30% 6.13% 6.39% 7.32%
G-Sec Vol. (Rs.Cr) 54710 65162 52556 47132
FBIL MIBOR
[1]
5.15% 5.14% 5.10% 6.30%
3 Month CP Rate 6.20% 5.55% 5.70% 7.45%
5 Year Corp Bond 7.35% 6.99% 6.96% 8.44%
1 Month CD Rate 6.03% 5.35% 5.10% 7.27%
3 Month CD Rate 5.34% 5.15% 5.27% 7.31%
1 Year CD Rate 6.38% 5.94% 5.81% 7.45%
Currency 18-Mar Prev_Day
Change
USD/INR 74.17 74.03 0.14
GBP/INR 89.76 90.54 -0.78
EURO/INR 81.72 82.66 -0.94
JPY/INR 0.69 0.70 0.00
Commodity 18-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
20.43 33.08 52.05 59.04
Brent Crude($/bl) 23.23 35.37 58.19 66.64
Gold( $/oz) 1486 1635 1602 1303
Gold(Rs./10 gm) 40649 43427 40976 31725
Source: Refinitiv
[1]
Data as on 17 Mar 2020;
[2]
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
19 March 2020
Derivative Statistics- Nifty Options
Disclaimer:
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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
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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.
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• Nifty Mar 2020 Futures stood at 8,433.70, a discount of 35.10 points below
the spot closing of 8,468.80. The turnover on NSE’s Futures and Options
segment rose to Rs. 10,10,921.46 crore on March 18, 2020, compared with
Rs. 7,95,771.54 crore on March 17, 2020.
• The Put-Call ratio stood at 0.57 compared with the previous session’s close of
0.58.
• The Nifty Put-Call ratio stood at 0.96 compared with the previous session’s
close of 1.03.
• Open interest on Nifty Futures stood at 20.29 million, compared with the
previous session’s close of 19.77 million.
• Bond yields continued to rise as market participants trimmed their position.
Uncertainty in the market over the possibility of a rate cut by the Monetary
Policy Committee also added to the general pessimism.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 4 bps to
close at 6.30% from the previous closing of 6.26% after moving in a range of
6.21% to 6.34%.
• Banks did not borrow any amount under the central bank’s Marginal Standing
Facility on Mar 17, 2020 compared with borrowings of Rs. 273 crore on Mar
16, 2020.
• The Indian rupee in spot trade was almost steady against the greenback as
losses in the domestic equity market were neutralized by a possible
intervention by the Reserve Bank of India. The rupee closed at 74.27 a dollar,
down 0.01% compared to the previous day’s close of 74.26.
• The euro fell against the U.S. amid persisting concerns over the rapid spread
of coronavirus across the globe.
• Gold prices fell as concerns of a global economic recession prompted
investors to sell assets and hoard cash.
• Brent crude prices plummeted to a more than 18-year low on concerns over
the coronavirus outbreak across the globe.
• According to S&P Global, the global economy is set to see a recession in 2020
due to the severe economic shock caused by the coronavirus, or Covid-19,
and the risks remain on the downside.
• The European Central Bank asserted that it stands ready to use all its tools
when needed after Austria's central bank governor said in an interview that
monetary policy may have reached its limits.
• Eurostat data showed euro area trade surplus declined in Jan 2020 on higher
imports. The trade surplus fell to a seasonally adjusted EUR 17.3 billion in Jan
from EUR 21.5 billion in Dec 2019.
• Final data from Eurostat showed euro zone inflation eased to 1.2% in Feb
2020 from 1.4% in Jan 2020. This was the lowest since Nov 2019.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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