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20 Mar 2020
Markets for You
Global Indices
Global Indices 19-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,121 1,104 17 1.53
Nasdaq 7,151 6,990 161 2.30
FTSE 5,152 5,081 71 1.40
Nikkei 16,553 16,727 -174 -1.04
Hang Seng 21,709 22,292 -583 -2.61
Indian Indices 19-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 28,288 28,870 -581 -2.01
Nifty 50 8,263 8,469 -205 -2.42
Nifty 100 8,389 8,608 -219 -2.55
Nifty 500 6,807 7,011 -203 -2.90
Nifty Bank 20,084 20,580 -497 -2.41
S&P BSE Power 1,333 1,348 -16 -1.19
S&P BSE Small Cap
9,722 10,183 -461 -4.53
S&P BSE HC 11,397 11,608 -211 -1.82
Date P/E Div. Yield P/E Div. Yield
19-Mar 16.96 1.57 18.63 1.84
Month Ago 25.27 1.03 27.60 1.26
Year Ago 27.99 1.14 28.27 1.17
Nifty 50 Top 3 Gainers
Company 19-Mar Prev_Day
% Change
#
ITC 162 151 7.40
Bharti Airtel 445 426 4.51
Kotak Bank 1211 1172 3.32
Nifty 50 Top 3 Losers Domestic News
Company 19-Mar Prev_Day
% Change
#
Bharti Infratel 124 150 -17.24
Coal India 124 145 -14.82
Zee Ente. 141 164 -13.95
Advance Decline Ratio
BSE NSE
Advances 549 401
Declines 1866 1515
Unchanged 146 114
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -30982
MF Flows** 25706
*19
th
Mar 2020; **17
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 18 Mar 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 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
1356
-5045
5.54%
(Nov-19)
• Indian equity markets declined as investors continued to fear the
coronavirus pandemic and the risk of a wider financial contagion. Global
brokerages and financial agencies have been cutting their growth forecast
for the Indian economy for the fiscal and the quarter in the face of the
pandemic.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 2.01% and 2.42%
to close at 28,288.23 and 8,263.45 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 3.7% and 4.53% respectively.
• The overall market breadth on BSE was weak with 549 scrips advancing and
1,866 scrips declining. A total of 146 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the only gainer, up 1.66%.
S&P BSE Metal was the major loser, down 7.17% followed by S&P BSE
Capital Goods, down 6.18% and S&P BSE Auto, down 5.93%.
• A prominent global brokerage has within two days sharply cut its Jun
quarter growth forecast by 90 bps to a low of 3.1% and the full-year India
GDP target by 100 bps to 4.1% for FY2021. It cited an almost certain global
recession due to the Covid-19 pandemic.
• According to the media, the Securities and Exchange Board of India (SEBI)
has eased compliance rules for companies that have been struggling to
cope with COVID-19 outbreak and allowed them to file their quarterly and
annual financial results by Jun 30, 2020.
• Media reports showed the government is mulling offering easier loan
repayment terms and tax breaks for small-and medium-sized companies to
help the economy weather the onslaught of the coronavirus.
• The government may plan a cash transfer scheme to mitigate the impact of
the economic fallout caused by the Covid-19 pandemic, media reports
showed. The scheme could cover the poor and those who have been
affected the most by Covid-19.
• Asian equity markets fell even as the European Central Bank announced to
spend more than $800 billion to buy bonds and the U.S. passed a funding
and relief package to fight the pandemic. Investors feared the world is
heading for a virus-fueled economic catastrophe. Today (as of Mar 20),
Asian markets opened higher as investors await the release of China’s
benchmark lending rate. Nikkei is closed on account of a public holiday.
Hang Seng was up 2.02% (as at 8.a.m. IST).
• European markets crawled up drawing support from policy announcements
by the European Central Bank (ECB) and the Bank of England (BoE) to deal
with the pandemic. BoE announced another surprise interest rate cut after
ECB came out with a new “Pandemic Emergency Purchase Programme”
worth 750 billion euros.
• U.S. markets gained after the previous session’s steep losses on the back of
rise in big tech and energy stocks.
Markets for You
FII Derivative Trade Statistics
19-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 9118.11 8817.89 16458.14
Index Options 141241.44 141618.51 60201.17
Stock Futures 21516.62 20269.26 69390.54
Stock Options 2577.89 2564.26 3456.20
Total 174454.06 173269.92 149506.05
19-Mar Prev_Day
Change
Put Call Ratio (OI) 0.98 0.96 0.02
Put Call Ratio(Vol) 0.81 0.67 0.13
19-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 4.96% 4.93% 4.95% 6.20%
T-Repo 4.39% 4.70% 4.89% 6.14%
Repo 5.15% 5.15% 5.15% 6.25%
Reverse Repo 4.90% 4.90% 4.90% 6.00%
91 Day T-Bill 4.77% 4.85% 5.02% 6.26%
364 Day T-Bill 5.15% 4.89% 5.18% 6.40%
10 Year Gilt 6.41% 6.24% 6.39% 7.38%
G-Sec Vol. (Rs.Cr) 41566 68775 52556 30753
FBIL MIBOR
[1]
5.14% 5.15% 5.10% 6.25%
3 Month CP Rate 6.50% 5.60% 5.70% 7.45%
5 Year Corp Bond 7.46% 7.10% 6.97% 8.48%
1 Month CD Rate 5.84% 5.30% 5.10% 7.22%
3 Month CD Rate 5.13% 5.24% 5.27% 7.29%
1 Year CD Rate 5.57% 5.49% 5.81% 7.41%
Currency 19-Mar Prev_Day
Change
USD/INR 75.06 74.17 0.89
GBP/INR 86.62 89.76 -3.13
EURO/INR 82.03 81.72 0.31
JPY/INR 0.69 0.69 0.00
Commodity 19-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
25.04 31.51 53.26 59.07
Brent Crude($/bl) 24.42 31.56 60.56 67.47
Gold( $/oz) 1470 1577 1611 1306
Gold(Rs./10 gm) 40395 43228 41491 31952
Source: Refinitiv
[1]
Data as on 18 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
20 March 2020
Derivative Statistics- Nifty Options
Disclaimer:
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• Nifty Mar 2020 Futures stood at 8,205.90, a discount of 57.55 points below
the spot closing of 8,263.45. The turnover on NSE’s Futures and Options
segment rose to Rs. 18,07,622.66 crore on March 19, 2020, compared with
Rs. 10,10,921.46 crore on March 18, 2020.
• The Put-Call ratio stood at 0.72 compared with the previous session’s close
of 0.57.
• The Nifty Put-Call ratio stood at 0.98 compared with the previous session’s
close of 0.96.
• Open interest on Nifty Futures stood at 19.78 million, compared with the
previous session’s close of 20.29 million.
• Bond yields saw a sharp rise as the domestic currency plunged with strong
surge in the greenback and increase in U.S. Treasury yield as investors sold
notes.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 11 bps to
close at 6.41% from the previous closing of 6.30% after moving in a range of
6.33% to 6.45%.
• Banks borrowed Rs. 300 crore under the central bank’s Marginal Standing
Facility on Mar 18, 2020 compared with no borrowings on Mar 17, 2020.
• The Indian rupee in spot trade plunged to an all-time low against the
greenback following losses in the domestic equity market.
• The euro fell against the U.S. dollar as the investor risk sentiment dampened
on concerns about the economic fallout from the coronavirus outbreak
across the globe which in boosted the safe haven appeal of the greenback.
• Gold prices fell as concerns over the coronavirus outbreak prompted
investors to sell assets and hoard cash.
• Brent crude prices surged as market participants across the globe assessed
the impact of massive stimulus provided by central banks across the globe.
• The Federal Reserve decided to introduce a new lending facility Money
Market Mutual Fund Liquidity Facility to support the smooth flow of credit
to households and businesses amid the pandemic. The treasury will provide
$10 billion for the program.
• The European Central Bank announced a new EUR 750 billion Pandemic
Emergency Purchase Programme to combat the risks posed by the outbreak
and escalating diffusion of the coronavirus.
• The Bank of England cut the bank rate again, to a record low, and expanded
its bond buying scheme and the targeted funding measure for small and
medium businesses.
• Eurostat data showed euro zone construction output rose 3.6% MoM in Jan
2020, after a 1.8% fall in Dec 2019.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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