Global Indices 23-Mar Prev_Day Abs. Change
Russell 3000 1,957 1,968 -11 -0.55
Nasdaq 13,228 13,378 -150 -1.12
FTSE 6,699 6,726 -27 -0.40
Nikkei 28,996 29,174 -178 -0.61
Hang Seng 28,497 28,885 -388 -1.34
Indian Indices 23-Mar Prev_Day Abs. Change
S&P BSE Sensex 50,051 49,771 280 0.56
Nifty 50 14,815 14,736 78 0.53
Nifty 100 14,952 14,860 92 0.62
Nifty 500 12,417 12,339 79 0.64
Nifty Bank 34,184 33,603 581 1.73
S&P BSE Power 2,568 2,546 22 0.86
S&P BSE Small Cap 20,773 20,619 154 0.75
S&P BSE HC 20,902 20,751 150 0.73
Date P/E Div. Yield P/E Div. Yield
23-Mar 34.90 0.72 40.35 1.07
Month Ago 34.79 0.72 40.14 1.08
Year Ago 15.67 1.72 17.15 2.00
Nifty 50 Top 3 Gainers
Company 23-Mar Prev_Day
Shree Cements Limited 28312 26955 5.04
Ultratech Cem 6939 6728 3.14
Divi's Lab 3496 3406 2.64
Nifty 50 Top 3 Losers Domestic News
Company 23-Mar Prev_Day
Indian Oil 97 99 -2.42
Hindalco 332 340 -2.37
ONGC 107 110 -2.24
Advance Decline Ratio
Advances 1663 1157
Declines 1319 778
Unchanged 191 96
Institutional Flows (Equity)
FII Flows* 60344
MF Flows** -29461
Mar 2021; **16
YoY(%) Current Year Ago
Data as on 22 Mar, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI from 2010
• Indian equity markets edged higher, led by gains in the banking stocks after
Supreme Court refused to extend the six-month loan moratorium period
offered by the Reserve Bank of India (RBI) last year, as it is a “policy
decision” on the part of the government and RBI. The apex court has also
lifted the temporary freeze on letting banks classify accounts as non-
performing assets (NPAs) after the moratorium has ended.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.56% and
0.53% to close at 50,051.44 and 14,814.75 respectively.
• The overall market breadth on BSE was strong with 1,663 scrips advancing
and 1,319 scrips declining. A total of 191 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 1.51%
followed by S&P BSE Industrials, up 1.16% and S&P BSE Energy, up 1.06%.
S&P BSE Metal was the major loser, down 0.74% followed by S&P BSE Oil &
Gas, down 0.45% and S&P BSE FMCG, down 0.45%.
• The Union Minister announced that COVID vaccine is available to anyone
over the age of 45 starting Apr 1. The minister said that even people
without comorbidities and over the age of 45 can be vaccinated.
• The Securities and Exchange Board of India (Sebi) changed the way
perpetual bonds are valued. The deemed residual maturity of Basel III
supplementary tier-1 (AT-1) bonds will be 10 years until Mar 31,2022,
according to a circular issued by Sebi. Further, if the issuer does not
exercise call option for any ISIN then the valuation and calculation of
Macaulay Duration shall be done considering maturity of 100 years from
the date of issuance for AT-1 Bonds and Contractual Maturity for Tier 2
bonds, for all ISINs of the issuer.
• The Reserve Bank of India said that on the basis of a review of the cash
balance, the government has decided to suspend its Rs. 20,000 crore
borrowing scheduled for March 26. This means the government will borrow
Rs. 20,000 crore less than the Rs 12.8 lakh crore target it set for FY21 in the
Budget on Feb 1. The next auction for Government of India Dated
Securities is set for Mar 26, 2021, according to the amended Issuance
Calendar released on Feb 1, 2021.
• According to a notification, the Securities and Exchange Board of India
(Sebi) will use a new format for its annual report as part of its efforts to
provide a "true and full account" of its operations, policies, and
programmes over the course of a financial year. The source of income and
spending will be included in the annual report under the new rules
announced by the finance ministry, rather than the current provision of
presenting annual account statements separately
• Bharti Airtel has acquired an 8.53% stake in Avaada Energy, a solar power
company based in Maharashtra. Bharti has purchased a stake in Avaada
MHbuldhana Pvt. Ltd in order to obtain 21.32 MW of solar power from
Avaada MH Buldhana under a group-captive agreement, reducing its carbon
• Bharat Dynamics Limited (BDL), a Hyderabad-based Defence Public Sector
Undertaking, paid the Indian government an interim dividend of Rs. 92.008
• Asian markets came under selling pressure following reports of sanctions
by coalition of western nations on Chinese officials for alleged human
rights abuses against Uyghur Muslims in the Xinjiang region of the China's
northwest. Today (as on Mar 24), Asian markets were mixed on concerns
over the world’s recovery from the COVID-19 pandemic. Both Hang Seng
and Nikkei rose 1.05%, and 0.21%, respectively (as at 8 a.m. IST).
• European markets mostly fell amid concerns about rising coronavirus cases
and extension of lockdown measures in some countries. Concerns over
rising tensions between the European Union and China weighed as well.
• U.S. markets fell partially on concerns about extended coronavirus
lockdowns in Europe amid worries a new wave of infections. German
leaders agreed to extend the country's lockdown until Apr 18. The news
contributed to a steep drop by the price of crude oil.