Global Indices
Global Indices 19-Mar Prev_Day Abs. Change
% Change
Russell 3000 1,940 1,933 7 0.35
Nasdaq 13,182 13,116 66 0.50
FTSE 6,712 6,780 -67 -0.99
Nikkei 29,792 30,217 -425 -1.41
Hang Seng 28,991 29,406 -415 -1.41
Indian Indices 19-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,858 49,217 642 1.30
Nifty 50 14,744 14,558 186 1.28
Nifty 100 14,847 14,663 185 1.26
Nifty 500 12,315 12,174 140 1.15
Nifty Bank 34,162 33,857 305 0.90
S&P BSE Power 2,530 2,451 80 3.25
S&P BSE Small Cap 20,471 20,386 84 0.41
S&P BSE HC 20,545 20,313 232 1.14
Date P/E Div. Yield P/E Div. Yield
19-Mar 34.71 0.72 40.16 1.08
Month Ago 35.64 0.70 40.88 1.06
Year Ago 16.96 1.57 18.63 1.84
Nifty 50 Top 3 Gainers
Company 19-Mar Prev_Day
% Change
NTPC 109 104 4.53
HUL 2312 2215 4.37
Power Grid 230 221 4.14
Nifty 50 Top 3 Losers Domestic News
Company 19-Mar Prev_Day
% Change
L&T Ltd. 1411 1428 -1.18
Tech Mahindra 989 996 -0.68
Coal India 136 137 -0.55
Advance Decline Ratio
BSE NSE
Advances 1423 1017
Declines 1522 915
Unchanged 190 85
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 59461
MF Flows** -29461
*19
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)
4.10%
(Dec-19)
[1]
Data as on 18 Mar, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
22 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
4.20%
(Oct-20)
-7.50%
(Sep-20)
Quarter Ago
Inflow/Outflow
-154
1314
6.93%
(Nov-20)
• Indian equity markets snapped the losing streak and managed to close in
the green. Investors took a sigh of relief in the afternoon trade after 10-
year U.S. Treasury yield eased to some extent. Buying interest found
additional support after a global rating agency projected India to grow by
12% in 2021.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.3% and 1.28%
to close at 49,858.24 and 14,744.00 respectively.
• The overall market breadth on BSE was weak with 1,423 scrips advancing
and 1,522 scrips declining. A total of 191 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Power was the major gainer, up 3.25%
followed by S&P BSE Utilities, up 3.04% and S&P BSE Energy, up 2.77%. S&P
BSE Realty was the major loser, down 0.55% followed by S&P BSE Capital
Goods, down 0.05%.
• The government will introduce the National Bank for Financing
Infrastructure and Development (NaBFID) Bill 2021 in the Lok Sabha next
week, which will pave the way for the establishment of a government
owned DFI to finance infrastructure projects. The National Bank for
Financing Infrastructure and Development (NaBFID) will be formed with a
corpus of Rs. 20,000 crore and an initial grant of Rs. 5,000 crore from the
government.
• In the Rajya Sabha, the Railway Minister stated that railway infrastructure
will never be privatised, but that the railways will monetise its assets in
order to generate capital to boost growth. The minister went on to say that
passenger train operations under the Public Private Partnership (PPP)
model are projected to bring in about Rs. 30,000 crore in total investment.
After commissioning, the Ministry of Railways aims to monetise properties
such as the Eastern and Western Dedicated Freight Corridors, the induction
of 150 new rakes via PPP, station reconstruction via PPP, railway land
parcels, multi-functional complexes (MFC), railway colonies, hill railways,
and stadiums.
• According to a major rating agency, India’s gross domestic product (GDP) is
expected to grow by 12% in 2021 following 7.1% contraction in 2020, as
near-term prospects have improved. After the relaxation of controls,
domestic and external demand has strengthened, resulting in increased
manufacturing production in recent months.
• The National Highways Authority of India (NHAI) approved the land
acquisition policy based on value capture finance. Value capture finance, or
VCF, is a form of public financing that allows private landowners to recover
some or all of the value created by public infrastructure.
• Hero group’s renewable energy arm, Hero Future Energies (HFE), received
orders worth $3 billion in its first green bond issuance in the overseas
markets.
• Strides Pharma Science's unit Stelis Biopharma has announced a
partnership with Russia's sovereign fund to produce at least 200 million
doses of the Sputnik V Covid-19 vaccine, taking India's overall production of
the vaccine to over half a billion doses.
• Asian markets fell, weighed down by elevated U.S. Treasury yield and
overnight weakness in U.S. bourses. Today (as on Mar 22), Asian markets fell
following mixed trend on the Wall Street overnight. Both Hang Seng and
Nikkei dropped 1.95%, and 0.65%, respectively (as at 8 a.m. IST).
• European markets fell as news about rising coronavirus cases, slowdown in
vaccine rollout, fresh lockdown measures and concerns over rising bond
yields and inflation weighed on sentiment.
• U.S. markets witnessed a mixed trend as rebound in technology stocks was
neutralised by fall in financial stocks after the U.S. Federal Reserve’s
temporary change to the supplementary leverage ratio, or SLR, for
depository institutions will expire as scheduled on March 31, 2021.
Markets for You
FII Derivative Trade Statistics 19-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 6803.79 6442.46 13733.24
Index Options 1172827.21 1165669.68 80139.90
Stock Futures 14731.07 13871.82 96258.18
Stock Options 21253.78 21077.35 14061.12
Total 1215615.85 1207061.31 204192.44
19-Mar Prev_Day
Change
Put Call Ratio (OI) 1.20 0.83 0.37
Put Call Ratio(Vol) 0.92 0.89 0.03
19-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 3.25% 3.22% 3.21% 4.96%
T-Repo 3.28% 3.25% 2.48% 4.39%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.30% 3.30% 3.19% 4.77%
364 Day T-Bill 3.77% 3.80% 3.66% 5.15%
10 Year Gilt 6.18% 6.23% 6.13% 6.41%
G-Sec Vol. (Rs.Cr) 31097 22839 22074 41566
FBIL MIBOR
[1]
3.46% 3.44% 3.46% 5.13%
3 Month CP Rate 3.70% 3.70% 3.65% 6.50%
5 Year Corp Bond 6.62% 6.27% 6.77% 7.46%
1 Month CD Rate 3.44% 3.05% 2.80% 5.84%
3 Month CD Rate 3.50% 3.37% 3.27% 5.13%
1 Year CD Rate 4.40% 4.41% 3.95% 5.57%
Currency 19-Mar Prev_Day
Change
USD/INR 72.52 72.52 -0.01
GBP/INR 100.94 101.27 -0.32
EURO/INR 86.45 86.81 -0.41
JPY/INR 0.67 0.67 0.05
Commodity 19-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 59.74 65.55 59.09 25.04
Brent Crude($/bl) 62.04 69.30 64.42 24.42
Gold( $/oz) 1737 1726 1782 1470
Gold(Rs./10 gm) 44788 44177 45954 40395
Source: Refinitiv
[1]
Data as on 18 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
22 March 2021
Derivative Statistics- Nifty Options
Disclaimer:
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• Nifty Mar 2021 Futures stood at 14,756.45, a premium of 12.45 points
above the spot closing of 14,744.00. The turnover on NSE’s Futures and
Options segment fell to Rs. 31,01,643.55 crore on March 19, 2021,
compared with Rs. 92,56,631.31 crore on March 18, 2021.
• The Put-Call ratio stood at 0.88 compared with the previous session’s close
of 0.89.
• The Nifty Put-Call ratio stood at 1.2 compared with the previous session’s
close of 0.83.
• Open interest on Nifty Futures stood at 12.24 million, compared with the
previous session’s close of 12.49 million.
• Bond yields fell on expectations that the Reserve bank of India (RBI) will
cancel the last weekly government securities auction scheduled on Mar 26,
2021 for the current financial year.
• Yield on the 10-year benchmark paper (5.85% GS 2030) eased 2 bps to close
at 6.18% from the previous close of 6.20% after moving in the range of
6.16% to 6.21%.
• RBI announced the auction of 91 days, 182 days and 364 days Treasury Bills
auction for the notified amount of Rs. 4,000 crore, Rs. 7,000 crore and Rs.
8,000 crore, respectively on Mar 24, 2021.
• Banks borrowed Rs. 13 crore under the central bank’s marginal standing
facility on Mar 17 compared to that of Mar 06 2021 when banks borrowed
nil.
• The Indian rupee was almost steady against the U.S. dollar on expectations
of continued fund flows in the coming days. However, gains neutralised on
weak regional cues.
• Euro fell for the second consecutive session against the U.S. dollar as market
participants digested the U.S. Federal Reserve's pledge this week to look
past inflation and keep interest rates low.
• Gold prices fell as a stronger greenback and an increase in yields on U.S.
Treasuries neutralized some of the appeal of the non-yielding commodity.
• Brent crude prices rose on bargain hunting.
• The Bank of Japan agreed to broaden the range of government bond yields
it allows to fluctuate and to abandon the average exchange traded fund
buying goal. The board kept the interest rate on current accounts held by
financial institutions at the central bank at -0.1%.
• According to the Office for National Statistics, U.K. public sector net
borrowing, excluding public sector banks, increased by GBP 17.6 billion from
the previous year to GBP 19.1 billion in Feb 2021.
• According to the Ministry of Internal Affairs and Communications, Japan’s
overall consumer prices fell 0.4% YoY in Feb 2021 as against -0.6% in Jan
2021. Core CPI, which exclude volatile food costs, also fell to 0.4% YoY as
against -0.6% in the previous month.
Markets for You
