Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
23 Mar 2020
Markets for You
Global Indices
Global Indices 20-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,074 1,121 -47 -4.15
Nasdaq 6,880 7,151 -271 -3.79
FTSE 5,191 5,152 39 0.76
Nikkei
[1]
16,553 16,727 -174 -1.04
Hang Seng 22,805 21,709 1,096 5.05
Indian Indices 20-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 29,916 28,288 1,628 5.75
Nifty 50 8,745 8,263 482 5.83
Nifty 100 8,852 8,389 463 5.52
Nifty 500 7,160 6,807 353 5.18
Nifty Bank 20,318 20,084 234 1.17
S&P BSE Power 1,398 1,333 66 4.94
S&P BSE Small Cap
10,113 9,722 391 4.03
S&P BSE HC 11,992 11,397 595 5.22
Date P/E Div. Yield P/E Div. Yield
20-Mar 18.18 1.48 19.72 1.74
Month Ago 25.11 1.04 27.50 1.26
Year Ago 27.85 1.14 28.24 1.17
Nifty 50 Top 3 Gainers
Company 20-Mar Prev_Day
% Change
#
Bharti Infratel 148 124 19.43
ONGC 72 61 18.51
GAIL 81 69 16.43
Nifty 50 Top 3 Losers Domestic News
Company 20-Mar Prev_Day
% Change
#
HDFC Bank 883 896 -1.42
IndusInd Bank 440 444 -0.83
Adani Ports & SEZ 256 258 -0.75
Advance Decline Ratio
BSE NSE
Advances 1426 1156
Declines 1031 725
Unchanged 148 110
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -35564
MF Flows** 25706
*20
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 19 Mar 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
23 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
-4582
5.54%
(Nov-19)
• Indian equity markets gained on the last day of an otherwise tough week.
Gains came on the back of global markets stabilizing somewhat from their
rout as policymakers across the world announced fresh efforts to control
the economic fallout of the coronavirus pandemic.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 5.75% and
5.83% to close at 29,915.96 and 8,745.45 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 4.18% and 4.03% respectively.
• The overall market breadth on BSE was strong with 1,426 scrips advancing
and 1,031 scrips declining. A total of 148 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Energy was the major
gainer, up 9.96%, followed by S&P BSE Oil & Gas and S&P BSE IT, up 9.05%
and 8.36%, respectively. S&P BSE FMCG and S&P BSE Teck gained 8.11%
and 7.98% respectively.
• A prominent global rating agency has cut India's growth forecast to 5.1%
for FY21. It said the coronavirus outbreak is likely to hit business investment
and exports. This is down form the agency’s Dec 2019 forecast of 5.6%. The
agency said the number of people affected by coronavirus will keep rising
in the coming weeks but that the outbreak will remain contained. However,
there are downside risks to this scenario. For 2021-22, it projected India's
growth to be 6.4%.
• The Prime Minister has announced to create the ‘Covid-19 economic
response task force’ under the leadership of the finance minister to control
the impact of coronavirus pandemic. He said that the task force will work in
response to the feedback received from various state governments. He also
made an appeal to higher-income people to not cut wages of the staff
working for them, in case they fail to provide services.
• According to media reports, retirement fund body the Employees Provident
Fund Organisation has urged its subscribers, including members,
pensioners and employers, to use various online services to avoid visiting
EPFO offices to prevent the community spread of coronavirus.
• According to a survey, more
50% of Indian companies see impact on
their operations and nearly 80% have witnessed decline in cash flows in the
wake of Covid-19 outbreak. The pandemic has presented fresh challenges
for the country's economy, causing severe disruptive impact on both
demand and supply sides.
• Asian equity markets followed U.S. peers higher as massive relief packages
announced by global central banks and governments helped ease global
recession fears. Today (as of Mar 23), Asian markets opened lower as fears
over the economic impact of the global coronavirus outbreak continue to
weigh heavily on investor sentiment. Both Nikkei and Hang Seng were
down 0.27% and 5.02% (as at 8.a.m. IST), respectively.
• European markets gained as central banks and governments around the
globe went all out to mitigating the economic hit from the coronavirus
pandemic.
• U.S. markets fell and witnessed one of their worst weeks since 2008 as
investors struggled with mounting fears over the coronavirus’ economic
blow.
Markets for You
FII Derivative Trade Statistics
20-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 11860.25 11811.27 15731.96
Index Options 232650.92 233213.16 52202.99
Stock Futures 20497.63 19401.67 66629.34
Stock Options 2079.93 2061.56 3454.74
Total 267088.73 266487.66 138019.03
20-Mar Prev_Day
Change
Put Call Ratio (OI) 1.19 0.98 0.21
Put Call Ratio(Vol) 0.57 0.81 -0.24
20-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 5.00% 4.96% 5.04% 6.20%
T-Repo 4.37% 4.69% 5.01% 6.20%
Repo 5.15% 5.15% 5.15% 6.25%
Reverse Repo 4.90% 4.90% 4.90% 6.00%
91 Day T-Bill 4.78% 4.85% 5.00% 6.27%
364 Day T-Bill 4.92% 4.95% 5.17% 6.42%
10 Year Gilt 6.26% 6.32% 6.42% 7.36%
G-Sec Vol. (Rs.Cr) 42471 68098 33225 22332
FBIL MIBOR 5.16% 5.15% 5.17% 6.25%
3 Month CP Rate
[1]
6.50% 5.95% 5.70% 7.50%
5 Year Corp Bond 7.19% 7.23% 6.96% 8.44%
1 Month CD Rate 5.63% 5.38% 5.09% 7.75%
3 Month CD Rate 5.29% 5.28% 5.49% 7.28%
1 Year CD Rate 7.23% 6.05% 5.81% 7.46%
Currency 20-Mar Prev_Day
Change
USD/INR 75.01 75.06 -0.05
GBP/INR 87.42 86.62 0.80
EURO/INR 80.65 82.03 -1.39
JPY/INR 0.68 0.69 -0.01
Commodity 20-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
19.43 31.67 53.72 60.07
Brent Crude($/bl) 25.99 32.69 60.93 68.79
Gold( $/oz) 1498 1529 1619 1312
Gold(Rs./10 gm) 40989 41859 41590 31812
Source: Refinitiv
[1]
Data as on 19 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
23 March 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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
Asset Management Limited (NAM India) (formerly Reliance Nippon Life Asset Management Limited) has not independently verified the accuracy or authenticity of such information or data, or for that matter the
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.
Some of the statements & assertions contained in these materials may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the
Investment Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of
such data or information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to
the extent possible. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising
out of their own investigations. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of
the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or
exemplary damages, including on account of lost profits arising from the information contained in this material.
• Nifty Mar 2020 Futures stood at 8,723.10, a discount of 22.35 points below
the spot closing of 8,745.45. The turnover on NSE’s Futures and Options
segment fell to Rs. 6,77,811.46 crore on March 20, 2020, compared with Rs.
18,07,622.66 crore on March 19, 2020.
• The Put-Call ratio stood at 0.49 compared with the previous session’s close
of 0.72.
• The Nifty Put-Call ratio stood at 1.19 compared with the previous session’s
close of 0.98.
• Open interest on Nifty Futures stood at 20.55 million, compared with the
previous session’s close of 19.78 million.
• Bond yields saw a steep plunge as speculations of a rate cut by the
Monetary Policy Committee strengthened. Bets of liquidity easing also
supported market sentiments.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) declined 15 bps
to close at 6.26% from the previous closing of 6.41% after moving in a range
of 6.17% to 6.39%.
• RBI has decided to conduct purchase of Government securities under Open
Market Operations (OMOs) for an aggregate amount of Rs. 30,000 crores in
two tranches of Rs. 15,000 crores each in the month of Mar 2020. The
auctions would be conducted on March 24, 2020 and March 30, 2020.
• Banks borrowed Rs. 49 crore under the central bank’s Marginal Standing
Facility on Mar 19, 2020 compared borrowings of Rs. 300 crore on Mar 18,
2020.
• The Indian rupee in spot trade weakened against the U.S. dollar and
surpassed the 75 level for the first time as market participants worried by
the coronavirus outbreak rushed to the perceived safety of the greenback.
• The euro rose against the greenback after six major central banks across the
globe announced a coordinated action to enhance liquidity in the greenback
by increasing the frequency of their currency swap operations.
• Gold prices rose on concerns over the economic impact from the
coronavirus pandemic.
• Brent crude prices surged after six major central banks across the globe
announced a coordinated action to enhance liquidity in the greenback.
• The Federal Reserve will establish temporary swap lines with other nine
central banks as part of coordinated action to improve liquidity in the
financial markets.
• Office for National Statistics data showed U.K. budget deficit narrowed in
Feb 2020 as public sector net borrowing excluding banks decreased to EUR
0.3 billion from EUR 0.6 billion in Feb 2019.
• The European Central Bank said euro area current account surplus increased
in Jan 2020 to EUR 35 billion from EUR 33 billion in Dec 2019.
• The quarterly Bank of England/TNS Inflation Attitudes Survey revealed
Britons' inflation expectations for the next 12 months eased in Feb 2020.
Respondents forecast inflation to ease to 3% in the coming year instead of
3.1% projected in Nov 2019.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Thank you for
your time.
