Global Indices
Global Indices 22-Mar Prev_Day Abs. Change
% Change
Russell 3000 1,968 1,942 26 1.34
Nasdaq 13,378 13,215 162 1.23
FTSE 6,726 6,709 17 0.26
Nikkei 29,174 29,792 -618 -2.07
Hang Seng 28,885 28,991 -106 -0.36
Indian Indices 22-Mar Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,771 49,858 -87 -0.17
Nifty 50 14,736 14,744 -8 -0.05
Nifty 100 14,860 14,847 12 0.08
Nifty 500 12,339 12,315 24 0.20
Nifty Bank 33,603 34,162 -558 -1.63
S&P BSE Power 2,546 2,530 15 0.61
S&P BSE Small Cap 20,619 20,471 149 0.73
S&P BSE HC 20,751 20,545 206 1.00
Date P/E Div. Yield P/E Div. Yield
22-Mar 34.75 0.72 40.14 1.08
Month Ago 34.76 0.72 40.05 1.08
Year Ago 18.18 1.48 19.72 1.74
Nifty 50 Top 3 Gainers
Company 22-Mar Prev_Day
% Change
Adani Ports & SEZ 722 686 5.19
Britannia Industries Limited 3564 3467 2.82
TCS 3130 3050 2.60
Nifty 50 Top 3 Losers Domestic News
Company 22-Mar Prev_Day
% Change
IndusInd Bank 968 1012 -4.32
Power Grid 224 230 -2.89
ICICI Bank 573 587 -2.25
Advance Decline Ratio
BSE NSE
Advances 1557 1062
Declines 1491 930
Unchanged 216 81
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 60067
MF Flows** -29461
*22
nd
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 19 Mar, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
23 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
606
6.93%
(Nov-20)
• Indian equity markets dipped as worries of a second coronavirus wave in
India and elevated U.S. Treasury bond yields kept investors wary.
• Key benchmark indices S&P BSE Sensex lost 0.17% and Nifty 50 lost 0.05%
to close at 49,771.29 and 14,736.40 respectively.
• The overall market breadth on BSE was strong with 1,557 scrips advancing
and 1,491 scrips declining. A total of 216 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up 2.86%
followed by S&P BSE IT, up 1.73% and S&P BSE FMCG, up 1.59%. S&P BSE
Bankex was the major loser, down 1.51% followed by S&P BSE Finance,
down 1.01% and S&P BSE Consumer Durables, down 0.68%.
• According to the latest data by the Reserve Bank of India, so far in FY21,
foreign portfolio investors have invested a total of USD 36 billion in
equities, the most since FY13. Net foreign direct investment inflows, on the
other hand, increased to USD 44 billion by the end of Jan 2021, up from
USD 36.3 billion a year earlier, owing to strong inflows in Nov 2020 and Dec
2020, with the last month of the year receiving a record USD 6.3 billion. In
Jan 2021, however, the inflows slowed due to lower equities inflows.
• The Reserve Bank of India (RBI) has announced the establishment of a
standing external advisory committee (SEAC) to review universal bank and
small finance bank applications. A former deputy governor will lead the
five-member committee. After the regulator has vetted the plan, the SEAC,
which will have a three-year term, will screen applications for universal and
small finance banks.
• Parliament has approved a bill to increase foreign direct investment (FDI) in
the insurance sector from 49% to 74%, with the Lok Sabha voting in favour
of the bill by voice vote. The Finance Minister, who is piloting the Bill,
claimed that raising the FDI cap in the insurance sector would assist insurers
in raising additional funds and overcoming financial difficulties.
• As per media reports, as excise duty on the two fuels was raised, the central
government's tax collections on petrol and diesel rose by more than 300%
in the last six years. In 2014-15, the central government received Rs. 29,279
crore from petrol excise duty and Rs. 42,881 crore from diesel excise duty.
• Bharti Airtel said its special board of directors has approved the preferential
allotment of 36.4 million equity shares to a Warburg Pincus affiliate at the
issue price of Rs. 600 as part of the Bharti Telemedia transaction.
• Piramal Capital & Housing Finance, a wholly-owned subsidiary of Piramal
Enterprises Limited (PEL), announced the issuance of long-term, five-year
non-convertible debentures (NCDs) in two tranches, raising Rs. 4,050 crore.
• Asian markets witnessed a mixed trend with investors monitoring the trend
of the Turkish lira following a sudden upheaval at the country’s central
bank. Meanwhile, concerns about the recent surge in global bond yields and
the prospects of a global economic recovery kept investors wary. Today (as
on Mar 23), Asian markets rose following gains on the Wall Street
overnight. Both Hang Seng and Nikkei rose 0.51%, and 0.06%, respectively
(as at 8 a.m. IST).
• European markets mostly rose marginally but buying interest remained
subdued amid concerns about a third wave of coronavirus infections, the
turmoil in Turkey following a rate hike and the sacking of the country's
central bank chief.
• U.S. markets rose following decline in the U.S. treasury yields, which
generated buying interest in high-growth companies. Yields fell on safe
haven appeal amid turmoil in the Turkish lira and concerns over rising Covid-
19 cases in Europe.
Markets for You
FII Derivative Trade Statistics 22-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 8952.43 7445.39 12919.03
Index Options 411427.93 410391.25 98157.29
Stock Futures 20450.35 18954.18 97830.98
Stock Options 22043.83 21941.50 14396.20
Total 462874.54 458732.32 223303.50
22-Mar Prev_Day
Change
Put Call Ratio (OI) 1.14 1.20 -0.07
Put Call Ratio(Vol) 0.96 0.92 0.04
22-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 3.27% 3.25% 3.23% 5.00%
T-Repo 3.29% 3.26% 2.86% 4.37%
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% 3.20% 3.10% 4.78%
364 Day T-Bill 3.50% 3.75% 3.64% 4.92%
10 Year Gilt 6.18% 6.20% 6.20% 6.26%
G-Sec Vol. (Rs.Cr) 23728 17666 24077 42471
FBIL MIBOR
[1]
3.45% 3.45% 3.46% 5.16%
3 Month CP Rate 3.65% 3.75% 3.65% 6.50%
5 Year Corp Bond 6.56% 6.27% 6.19% 7.19%
1 Month CD Rate 3.51% 3.17% 3.02% 5.63%
3 Month CD Rate 3.40% 3.49% 3.29% 5.29%
1 Year CD Rate 4.39% 4.36% 4.00% 7.23%
Currency 22-Mar Prev_Day
Change
USD/INR 72.38 72.52 -0.14
GBP/INR 100.26 100.94 -0.69
EURO/INR 86.05 86.45 -0.40
JPY/INR 0.67 0.67 0.00
Commodity 22-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 61.44 65.32 61.64 19.43
Brent Crude($/bl) 63.88 69.10 64.44 25.99
Gold( $/oz) 1739 1732 1809 1498
Gold(Rs./10 gm) 44641 44674 46475 40989
Source: Refinitiv
[1]
Data as on 19 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
23 March 2021
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) 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, associates 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, associates 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 2021 Futures stood at 14,741.60, a premium of 5.20 points above
the spot closing of 14,736.40. The turnover on NSE’s Futures and Options
segment fell to Rs. 29,07,223.92 crore on March 22, 2021, compared with
Rs. 31,01,643.55 crore on March 19, 2021.
• The Put-Call ratio stood at 0.92 compared with the previous session’s close
of 0.88.
• The Nifty Put-Call ratio stood at 1.14 compared with the previous session’s
close of 1.2.
• Open interest on Nifty Futures stood at 12.82 million, compared with the
previous session’s close of 12.24 million.
• Bond yields fell broadly on expectations that the Reserve bank of India (RBI)
will cancel the last weekly government securities auction scheduled on Mar
26, 2021 due to improved revenues. Post market, RBI announced to cancel
the last auction.
• Yield on the 10-year benchmark paper (5.85% GS 2030) remained
unchanged at 6.18% from the previous close after moving in the range of
6.16% to 6.19%.
• Export-Import Bank of India plans to raise funds selling commercial papers
maturing in six months at a coupon of 3.74% and has received commitments
worth around Rs. 1400 crore.
• Banks borrowed Rs. 6 crore under the central bank’s marginal standing
facility on Mar 19 compared to that of Mar 18 2021 when banks borrowed
Rs. 13 crore.
• The Indian rupee rose and witnessed its biggest single session rise against
the U.S. dollar in one week supported by exporters’ dollar sales ahead of the
fiscal year end.
• Euro was little changed against the U.S. dollar on rising coronavirus cases in
Europe.
• Gold prices fell on the back of a stronger greenback and an increase in yields
on U.S. Treasuries.
• Brent crude prices rose on hopes of a pickup in demand later this year.
However, renewed concerns over coronavirus lockdowns in Europe capped
the gains.
• People’s Bank of China left its benchmark lending rates unchanged. The
one-year loan prime rate was retained at 3.85% and the five-year loan prime
rate was maintained at 4.65%. The possibility of raising rates this year is
dwindling. The central bank tends to prefer quantitative lending controls. In
either case, credit conditions are expected to worsen in 2021.
• According to Bundesbank, Germany’s economy is expected to decline
sharply in the first quarter of 2021. The central bank warned that the Covid-
19 containment measures would cause service sector activity to drop
sharply once more. Industrial production dropped marginally at the start of
the year, but exports increased, according to the central bank.
Markets for You
