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25 Mar 2020
Markets for You
Global Indices
Global Indices 24-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,152 1,056 96 9.14
Nasdaq 7,418 6,861 557 8.12
FTSE 5,446 4,994 452 9.05
Nikkei 18,092 16,888 1,205 7.13
Hang Seng 22,663 21,696 967 4.46
Indian Indices 24-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 26,674 25,981 693 2.67
Nifty 50 7,801 7,610 191 2.51
Nifty 100 7,897 7,719 178 2.31
Nifty 500 6,365 6,243 122 1.96
Nifty Bank 17,107 16,918 190 1.12
S&P BSE Power 1,296 1,291 5 0.39
S&P BSE Small Cap
8,878 8,873 5 0.05
S&P BSE HC 11,264 11,007 257 2.33
Date P/E Div. Yield P/E Div. Yield
24-Mar 16.05 1.68 17.58 1.95
Month Ago 24.64 1.08 26.92 1.29
Year Ago 27.68 1.15 28.08 1.18
Nifty 50 Top 3 Gainers
Company 24-Mar Prev_Day
% Change
#
Infosys 590 526 12.03
Adani Ports & SEZ 232 208 11.53
Britannia Industries Limited 2365 2138 10.61
Nifty 50 Top 3 Losers Domestic News
Company 24-Mar Prev_Day
% Change
#
M&M 269 293 -8.32
Grasim Indus 400 433 -7.65
IndusInd Bank 312 336 -7.16
Advance Decline Ratio
BSE NSE
Advances 890 783
Declines 1369 1053
Unchanged 154 103
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -41658
MF Flows** 34295
*24
th
Mar 2020; **23
rd
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 23 Mar 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 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
-75
-2640
5.54%
(Nov-19)
• Indian equity markets gained as global equities went up after the U.S.
Federal Reserve announced limitless dollar funding. Back home, the finance
minister announced various relief measures like extending tax deadlines
but stopped short of rolling an economic package to deal with the
economic impact of the virus outbreak.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 2.67% and
2.51% to close at 26,674.03 and 7,801.05 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 1.56% and 0.05% respectively.
• The overall market breadth on BSE was weak with 890 scrips advancing and
1,369 scrips declining. A total of 167 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 6.95%
followed by S&P BSE Teck, up 5.81% and S&P BSE Energy, up 4.26%. S&P
BSE Realty was the major loser, down 2.01% followed by S&P BSE Capital
Goods, down 0.73% and S&P BSE Basic Materials, down 0.5%.
• The government will soon announce a fiscal package to help the economy
face the impact of the coronavirus, the finance minister said.
• The finance minister announced various statutory and regulatory
compliance relief measures. The last date for filing belated income tax
return (ITR) for the FY19 has been extended from Mar 31 to Jun 30, 2020.
The deadline for filing returns of goods and services tax (GST) for Mar, Apr
and May 2020 has also been extended till Jun 30. The government has
extended the last date for linking PAN card with Aadhaar from Mar 31 to
Jun 30.
• The government raised the threshold for invoking insolvency under
Insolvency and Bankruptcy Code to Rs. 1 crore from the current Rs. 1 lakh
with a view to prevent triggering of such proceedings against small and
medium enterprises that are facing the pandemic.
• The government announced supply of foodgrain to states for three months
in credit from the Food Corporation of India. The government said that it
aims to ensure an adequate supply of foodgrains to the public, and
financially assist the state governments and the Department of
Expenditure with this step. Separately, the finance ministry also announced
that there won’t be any pay cut for contractual workers employed with
central government ministries and departments if they don’t come to work
due to the requirement to stay at home to check spread of coronavirus.
• Asian equity markets gained handsomely after the U.S. Federal Reserve
announced unlimited Treasuries and mortgage-backed securities purchase.
This will help reduce currency and credit risks amid fears of a virus-induced
global recession. Today (as of Mar 25), Asian markets opened higher as
sentiment was buoyed by the all-out support shown by central banks,
especially U.S. Fed. Both Nikkei and Hang Seng were up 4.45% and 2.61%
(as at 8.a.m. IST), respectively.
• European markets gained on the back of U.S. Federal Reserve’s stimulus
measures, and lower number of new cases in Italy for a second day.
• U.S. markets came back from a historic low in the previous session to a
historic high, witnessing their best day in 87 years as investors expected a
stimulus bill to be passed soon to combat the virus-induced slowdown.
Markets for You
FII Derivative Trade Statistics
24-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 6732.84 5996.17 13113.36
Index Options 41069.68 41521.72 50403.00
Stock Futures 20021.78 20784.36 61194.10
Stock Options 736.65 711.55 3217.24
Total 68560.95 69013.80 127927.70
24-Mar Prev_Day
Change
Put Call Ratio (OI) 1.09 1.03 0.06
Put Call Ratio(Vol) 0.68 0.70 -0.02
24-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 5.10% 4.97% 5.04% 6.19%
T-Repo 1.10% 4.55% 4.98% 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 5.15% 4.85% 5.00% 6.25%
364 Day T-Bill 5.50% 5.00% 5.14% 6.38%
10 Year Gilt 6.30% 6.26% 6.37% 7.34%
G-Sec Vol. (Rs.Cr) 7201 51487 69545 38231
FBIL MIBOR
[1]
5.27% 5.15% 5.17% 6.25%
3 Month CP Rate 8.80% 6.00% 5.75% 7.50%
5 Year Corp Bond 7.29% 7.32% 6.89% 8.40%
1 Month CD Rate 7.75% 5.57% 5.23% 8.00%
3 Month CD Rate 5.99% 5.20% 5.47% 7.36%
1 Year CD Rate 8.04% 6.11% 5.81% 7.73%
Currency 24-Mar Prev_Day
Change
USD/INR 76.15 75.88 0.27
GBP/INR 88.50 88.76 -0.25
EURO/INR 82.11 81.54 0.57
JPY/INR 0.69 0.69 0.00
Commodity 24-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
20.78 26.91 51.33 58.82
Brent Crude($/bl) 25.24 28.41 57.03 66.73
Gold( $/oz) 1610 1528 1660 1313
Gold(Rs./10 gm) 40989 39741 43392 32007
Source: Refinitiv
[1]
Data as on 23 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
25 March 2020
Derivative Statistics- Nifty Options
Disclaimer:
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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.
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• Nifty Mar 2020 Futures stood at 7,849.90, a premium of 48.85 points above
the spot closing of 7,801.05. The turnover on NSE’s Futures and Options
segment rose to Rs. 5,50,875.00 crore on March 24, 2020, compared with
Rs. 4,16,817.72 crore on March 23, 2020.
• The Put-Call ratio stood at 0.55 compared with the previous session’s close
of 0.54.
• The Nifty Put-Call ratio stood at 1.09 compared with the previous session’s
close of 1.03.
• Open interest on Nifty Futures stood at 16.36 million, compared with the
previous session’s close of 17.63 million.
• Bond yields fell following security purchases under open market operation
and speculations of policy rate cut by the Monetary Policy Committee.
Besides, bargain hunting also contributed to the upside.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) eased 8 bps to
close at 6.30% from the previous closing of 6.38% after moving in a range of
6.28% to 6.36%.
• Banks borrowed Rs. 445 crore under the central bank’s Marginal Standing
Facility on Mar 23, 2020 compared borrowings of Rs. 612 crore on Mar 20,
2020.
• The Indian rupee in spot trade strengthened against the greenback
following gains in the domestic equity market. The U.S. dollar also remained
under pressure after the U.S. Federal Reserve pledged aggressive asset
purchase programs to help markets function more efficiently.
• The euro rose against the greenback after the U.S. Federal Reserve
announced fresh stimulus measures to combat the coronavirus outbreak
across the globe.
• Gold prices fell following the closure of three of the world’s largest gold
refineries in Switzerland.
• Brent crude prices surged on hopes that the U.S. will soon reach a deal on a
$2 trillion coronavirus aid package.
• A Commerce Department report showed home sales pulled back sharply in
Feb 2020 by 4.4% to an annual rate of 765,000 after spiking by 10.5% to
800,000 in Jan 2020.
• Survey results from the Confederation of British Industry showed U.K.
manufacturers reported declines in both total and exports orders in Mar
2020. The order books balance fell to -29% from -18% in Feb 2020. Likewise,
the export order books balance declined to -28 percent from -17 percent.
• IHS Markit survey showed euro zone flash composite output index fell to
31.4 in Mar 2020 from 51.6 in Feb 2020. This was the largest monthly fall in
activity since data first collected in Jul 1998.
Markets for You
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