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26 Mar 2020
Markets for You
Global Indices
Global Indices 25-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,160 1,152 8 0.73
Nasdaq 7,384 7,418 -34 -0.45
FTSE 5,688 5,446 242 4.45
Nikkei 19,547 18,092 1,454 8.04
Hang Seng 23,527 22,663 864 3.81
Indian Indices 25-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 28,536 26,674 1,862 6.98
Nifty 50 8,318 7,801 517 6.62
Nifty 100 8,388 7,897 491 6.21
Nifty 500 6,724 6,365 359 5.63
Nifty Bank 18,481 17,107 1,374 8.03
S&P BSE Power 1,322 1,296 26 2.01
S&P BSE Small Cap
9,130 8,878 252 2.84
S&P BSE HC 11,430 11,264 166 1.47
Date P/E Div. Yield P/E Div. Yield
25-Mar 17.32 1.55 18.74 1.83
Month Ago 24.58 1.08 26.85 1.29
Year Ago 27.44 1.15 27.83 1.19
Nifty 50 Top 3 Gainers
Company 25-Mar Prev_Day
% Change
#
RIL 1082 943 14.72
Grasim Indus 451 400 12.81
Kotak Bank 1290 1153 11.90
Nifty 50 Top 3 Losers Domestic News
Company 25-Mar Prev_Day
% Change
#
IndusInd Bank 301 312 -3.54
Coal India 125 128 -2.62
Indian Oil 78 80 -2.32
Advance Decline Ratio
BSE NSE
Advances 1186 1070
Declines 1023 718
Unchanged 147 125
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -41658
MF Flows** 34539
*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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
26 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
-60
-2640
5.54%
(Nov-19)
• Indian equity markets gained as investors overlooked the 21-day
nationwide lockdown as they expected the government to announce a
mega stimulus package to tackle the economic impact of COVID-19.
Sentiment was supported by recovery in global stocks after the U.S. Senate
and White House reached agreement on a $2 trillion stimulus package for
the U.S. economy.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 6.98% and
6.62% to close at 28,535.78 and 8,317.85 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 3.53% and 2.84% respectively.
• The overall market breadth on BSE was strong with 1,186 scrips advancing
and 1,023 scrips declining. A total of 147 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 has approved Rs. 670 crore recapitalisation plan for
regional rural banks (RRBs) for the next financial year, media reports
showed. This will help them meet regulatory capital requirements. The
Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime
Minister, has given its approval for continuation of the process of
recapitalisation of RRBs.
• The government has approved Rs. 670 crore recapitalisation plan for
regional rural banks (RRBs) for the next financial year, media reports
showed. This will help them meet regulatory capital requirements. The
Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime
Minister, has given its approval for continuation of the process of
recapitalisation of RRBs.
• Media reports showed the government could announce an economic
stimulus package of more than Rs. 1.5 lakh crore ($19.6 billion). This will be
done to fight the downturn from the virus-induced locked down. The Indian
government has not yet finalised the package and discussions are ongoing
between Prime Minister’s office, the finance ministry, and Reserve Bank of
India.
• The International Monetary Fund (IMF) has said a recession “at least as bad
as during the global financial crisis or worse” is looming over the world
economy in 2020. This will happen due to the economic and human cost of
the coronavirus pandemic, IMF said. The outlook for global growth for 2020
is negative, with recovery expected in 2021, it said.
• India’s crude steel output increased by 1.5% to 9.56 million tonne (MT) in
Feb 2020, according to a global industry body. The country had produced
9.42 MT steel in the same month a year ago. Global crude steel production
for the 64 countries reporting to the association was 143.29 MT in Feb
2020, a rise of 5.4%, compared with 154.46 MT in May 2018.
• Asian equity markets gained after U.S. Senators and the government
agreed on a massive economic stimulus package worth around $2 trillion.
This will prepare the U.S. economy to face the economic impact of the
coronavirus pandemic. Today (as of Mar 26), Asian markets opened mixed
as investors awaited the release of U.S. jobless claims data. Nikkei was down
3.98% while Hang Seng was up 0.33% (as at 8.a.m. IST).
• European markets gained as U.S. Senators agreed to the government’s
massive economic rescue bill, which would unlock $2 trillion worth of funds.
• U.S. markets gained after the Senate and government struck an agreement
on $2 trillion economic stimulus package to deal with the virus-induced
slowdown. Gains were limited when a Senator said the bill could face
hurdles before the final vote.
Markets for You
FII Derivative Trade Statistics
25-Mar
(Rs Cr) Buy
Sell Open Int.
Index Futures 12346.47 9149.32 11905.14
Index Options 79420.24 79243.97 52952.23
Stock Futures 30364.28 31519.87 60426.41
Stock Options 726.21 844.93 3150.46
Total 122857.20 120758.09 128434.24
25-Mar Prev_Day
Change
Put Call Ratio (OI) 1.22 1.09 0.13
Put Call Ratio(Vol) 0.79 0.68 0.11
24-Mar Wk. Ago Mth. Ago
Year Ago
Call Rate 5.10% 4.98% 4.94% 6.19%
T-Repo 1.10% 4.44% 4.91% 6.18%
Repo 5.15% 5.15% 5.15% 6.25%
Reverse Repo 4.90% 4.90% 4.90% 6.00%
91 Day T-Bill 5.15% 4.85% 5.00% 6.25%
364 Day T-Bill 5.50% 5.00% 5.14% 6.38%
10 Year Gilt 6.30% 6.30% 6.37% 7.32%
G-Sec Vol. (Rs.Cr) 7201 54710 55824 29894
FBIL MIBOR 5.39% 5.14% 5.14% 6.25%
3 Month CP Rate 8.80% 6.20% 5.75% 7.50%
5 Year Corp Bond 7.37% 7.28% 6.90% 8.41%
1 Month CD Rate 7.75% 6.03% 5.15% 8.10%
3 Month CD Rate 5.99% 5.34% 5.42% 7.19%
1 Year CD Rate 8.04% 6.38% 5.79% 7.68%
Currency 24-Mar Prev_Day
Change
USD/INR 76.15 75.88 0.27
GBP/INR 88.50 88.76 -0.25
EURO/INR 82.11 81.54 0.57
JPY/INR 0.69 0.69 0.00
Commodity 25-Mar Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
20.25 20.43 49.76 58.66
Brent Crude($/bl) 25.09 23.23 57.06 67.86
Gold( $/oz) 1613 1486 1635 1322
Gold(Rs./10 gm) 40989 40649 42717 32054
Source: Refinitiv
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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26 March 2020
Derivative Statistics- Nifty Options
Disclaimer:
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Commodity Prices
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Currency Market Update
Commodity Market Update
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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
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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 8,362.20, a premium of 44.35 points above
the spot closing of 8,317.85. The turnover on NSE’s Futures and Options
segment rose to Rs. 6,81,476.99 crore on March 25, 2020, compared with
Rs. 5,50,875.00 crore on March 24, 2020.
• The Put-Call ratio stood at 0.67 compared with the previous session’s close
of 0.55.
• The Nifty Put-Call ratio stood at 1.22 compared with the previous session’s
close of 1.09.
• Open interest on Nifty Futures stood at 17.29 million, compared with the
previous session’s close of 16.36 million.
• The domestic debt market remained closed on account of Gudhipadwa.
• The domestic currency market remained closed on account of Gudhipadwa.
• The euro rose against the greenback on expectations that the $2 trillion
coronavirus aid package in U.S. will soon be approved. Gains were extended
after the government of Germany agreed to a stimulus package worth over
750 billion euros ($810 billion) to mitigate the impact of the coronavirus
outbreak.
• Gold prices fell as its safe haven appeal dwindled on expectations that the
$2 trillion coronavirus aid package in U.S. will soon be approved.
• Brent crude prices fell as the coronavirus outbreak across the globe led to a
fall in oil demand.
• The International Labor Organization (ILO) has said the economic and labor
crisis created by the coronavirus outbreak could increase global
unemployment by almost 25 million.
• A Commerce Department report showed an unexpected increase in new
orders for U.S. durable goods in Feb 2020. Durable goods orders jumped
1.2% in Feb after 0.1% uptick in Jan 2020.
• Data from the Office for National Statistics showed U.K. consumer price
inflation slowed marginally in Feb 2020. Consumer prices advanced 1.7%,
after gaining 1.8% in Jan 2020. Core inflation that excludes energy, food,
alcoholic beverages and tobacco, rose to 1.7% from 1.6% in Jan.
Markets for You
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