Global Indices
Global Indices 18-Mar Prev_Day Abs. Change
% Change
Russell 3000 1,933 1,985 -52 -2.61
Nasdaq 13,116 13,525 -409 -3.02
FTSE 6,780 6,763 17 0.25
Nikkei 30,217 29,914 302 1.01
Hang Seng 29,406 29,034 372 1.28
Indian Indices 18-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,217 49,802 -585 -1.17
Nifty 50 14,558 14,721 -163 -1.11
Nifty 100 14,663 14,829 -166 -1.12
Nifty 500 12,174 12,320 -145 -1.18
Nifty Bank 33,857 34,229 -372 -1.09
S&P BSE Power 2,451 2,469 -19 -0.75
S&P BSE Small Cap 20,386 20,714 -327 -1.58
S&P BSE HC 20,313 20,691 -378 -1.83
Date P/E Div. Yield P/E Div. Yield
18-Mar 34.32 0.73 39.65 1.09
Month Ago 35.90 0.70 41.26 1.05
Year Ago 17.49 1.52 19.27 1.80
Nifty 50 Top 3 Gainers
Company 18-Mar Prev_Day
% Change
ITC 218 211 3.35
Bajaj Auto 3665 3570 2.66
Hindalco 332 326 1.65
Nifty 50 Top 3 Losers Domestic News
Company 18-Mar Prev_Day
% Change
HCL Tech 948 987 -4.02
Infosys 1337 1387 -3.60
Dr.Reddy 4213 4356 -3.29
Advance Decline Ratio
BSE NSE
Advances 821 425
Declines 2160 1529
Unchanged 140 94
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 58147
MF Flows** -29461
*18
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 17 Mar, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
19 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
3231
6.93%
(Nov-20)
• Indian equity markets went down as elevated U.S. Treasury yield triggered
fears regarding outflow of foreign money from domestic equities to U.S.
bond market. Rising COVID-19 cases in the country also soured investor
sentiment.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.17% and 1.11%
to close at 49,216.52 and 14,557.85 respectively.
• The overall market breadth on BSE was weak with 821 scrips advancing and
2,160 scrips declining. A total of 140 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
0.54% followed by S&P BSE FMCG, up 0.16%. S&P BSE IT was the major
loser, down 3.02% followed by S&P BSE Teck, down 2.54% and S&P BSE
Energy, down 1.87%.
• The Union Minister for Road Transport and Highways unveiled the vehicle
scrapping policy, stating that vehicle owners who scrap their old vehicles
are likely to receive financial incentives. The union government proposed to
offer a road-tax rebate of up to 25% for personal vehicles and up to 15%
for commercial vehicles.
• According to media reports, The Reserve Bank of India will have to
postpone the start of monetary policy normalisation by three months due
to an increase in COVID-19 cases, but there is no major threat to the
economy's recovery unless stringent lockdowns are reinstated.
• The Appropriation Bill 2021-22 was passed by the Lok Sabha, allowing the
government to draw funds from the Consolidated Fund of India for its
operations and the implementation of its programmes and schemes. This
completes the second-third of the process for approving the Budget for the
years 2021-22. Finance Minister introduced the Appropriation Bill, which
authorises payment and appropriation of declared amounts from the
Consolidated Fund of India for the fiscal year 2021-22. Later, the bill was
approved by voice vote.
• According to the Minister for Electronics and IT, although encouraging
private companies to host applications, the government is also eager to
grow and strengthen its own mobile app store. Mobile Seva Appstore,
India's first indigenously built Appstore, hosts over 965 live applications
from different domains and categories of public services. He went on to say
that the response has been positive, and that the government wants to
improve it even further.
• IOC Phinergy Private Limited is a joint venture between Indian Oil
Corporation (IOC) and Phinergy, an Israeli start-up specialising in hybrid
lithium-ion and aluminum-air/zinc-air battery systems.
• Adani Green Energy Limited has raised $1.35 billion in debt for its
renewable asset portfolio currently under development.
• Asian markets largely went up after U.S. Fed reiterated its accommodative
monetary policy and projected the U.S. economy to grow 6.5 % this year.
Nonetheless, rise in U.S. Treasury yield kept investors wary. Today (as on
Mar 19), markets are trading lower following renewed inflationary concerns
owing to spike in U.S. Treasury yields. Both Nikkei and Hang Seng are down
0.78% and 0.67% (as at 8:00 AM IST), respectively.
• European markets moved higher with investors cheering the Fed's pledge
to continue its accommodative policy and taking positive cues from the
Bank of England's monetary policy announcement.
• U.S. markets witnessed sharp decline as another spike in treasury yields
renewed concerns about the outlook for high-growth companies.
Markets for You
FII Derivative Trade Statistics
18-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 4868.20 4874.26 13825.88
Index Options 547811.59 547159.34 114645.88
Stock Futures 11478.77 11532.11 97412.73
Stock Options 15453.94 15818.77 14180.58
Total 579612.50 579384.48 240065.07
18-Mar Prev_Day
Change
Put Call Ratio (OI) 0.83 0.87 -0.04
Put Call Ratio(Vol) 0.89 0.86 0.04
18-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 3.26% 3.24% 3.21% 4.98%
T-Repo 3.26% 3.24% 2.48% 4.44%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.31% 3.24% 3.19% 4.77%
364 Day T-Bill 3.77% 3.80% 3.66% 5.16%
10 Year Gilt 6.20% 6.21% 6.13% 6.30%
G-Sec Vol. (Rs.Cr) 27042 21992 22074 54710
FBIL MIBOR
[1]
3.45% 3.42% 3.46% 5.14%
3 Month CP Rate 3.75% 3.70% 3.65% 6.20%
5 Year Corp Bond 6.69% 6.27% 6.77% 7.28%
1 Month CD Rate 3.42% 3.02% 2.80% 6.03%
3 Month CD Rate 3.50% 3.37% 3.27% 5.34%
1 Year CD Rate 4.40% 4.37% 3.95% 6.38%
Currency 18-Mar Prev_Day
Change
USD/INR 72.52 72.57 -0.05
GBP/INR 101.27 100.87 0.40
EURO/INR 86.81 86.41 0.40
JPY/INR 0.67 0.67 0.00
Commodity 18-Mar
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 59.91 65.98 60.37 20.43
Brent Crude($/bl) 64.82 69.26 65.48 23.23
Gold( $/oz) 1736 1721 1775 1486
Gold(Rs./10 gm) 44706 44478 46263 40649
Source: Refinitiv
[1]
Data as on 17 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
19 March 2021
Derivative Statistics- Nifty Options
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• Nifty Mar 2021 Futures stood at 14,577.05, a premium of 19.20 points
above the spot closing of 14,557.85. The turnover on NSE’s Futures and
Options segment rose to Rs. 92,56,631.31 crore on March 18, 2021,
compared with Rs. 42,45,096.45 crore on March 17, 2021.
• The Put-Call ratio stood at 0.89 compared with the previous session’s close
of 0.92.
• The Nifty Put-Call ratio stood at 0.83 compared with the previous session’s
close of 0.87.
• Open interest on Nifty Futures stood at 12.49 million, compared with the
previous session’s close of 12.56 million.
• Bond yields rose following sharp rise in the U.S. Treasury yields and ahead of
the weekly government securities auction on Friday.
• Yield on the 10-year benchmark paper (5.85% GS 2030) rose 1 bps to close
at 6.20% from the previous close of 6.19% after moving in the range of
6.18% to 6.24%.
• RBI announced Special Open Market Operations (OMO) simultaneous
purchase and sale of government securities for the notified amount of Rs.
10,000 crore each on Mar 25, 2021. Although, RBI accepted RBI will buy 5,
10 and 14 year maturities and sold two securities maturing within two years.
• The Indian rupee was little changed against the U.S. dollar as a rise in U.S.
Treasury yields neutralised the impact of positive Asian cues following the
U.S. Federal Reserve’s dovish guidance on rates.
• Euro fell against the U.S. dollar following rise in the U.S. Treasury yields.
• Gold prices fell as an increase in yields on U.S. Treasuries neutralized some
of the appeal of the non-yielding commodity.
• Brent crude prices fell on the back of a stronger dollar.
• Bank of England policymakers unanimously agreed to keep the benchmark
rate unchanged at 0.10% and quantitative easing unchanged at GBP 895
billion. The committee stated that it would not tighten monetary policy until
clear proof of substantial progress in removing spare capacity and achieving
the 2% inflation goal on a long-term basis.
• According to a report by the U.S. Labor Department, U.S. initial jobless
claims rose 45,000 to 770,000 in the week ended Mar 13, 2021 as against
previous week's revised level of 725,000.
• According to the Eurostat, eurozone trade surplus fell to a seasonally
adjusted EUR 24.2 billion in Jan 2021 from EUR 27.5 billion in Dec 2020.
Exports fell 2.8% MoM in Jan 2021 and imports fell 1.3%.
Markets for You
