KEY HIGHLIGHTS
The 10-year Indian government bond yield decreases 0.79% to 6.371 from 6.422 in the week gone by. US 10 year benchmark decreased 23.44% to 1.163 as compared to 1.519 in the previous week.
Indian stock markets crashed due to corona virus, a viral outbreak that began in China will weaken the world economy. Indian and global equity markets will likely fall further over the next few weeks as the world gets a better idea of the extent and impact of the novel corona virus. India release Q3 GDP data, India’s economy grew 4.7% in the December quarter, its slowest pace in nearly seven years, declining further from an upwardly revised 5.1% in the previous quarter, undermining suggestions that the slowdown may have bottomed out.
Globally, US real gross domestic product increased by 2.1 percent in the fourth quarter, unchanged from the estimate provided last month and in line with economist estimates. China’s manufacturing PMI fell to 35.7 in Feb, vs previous 50, expected 46. Non-manufacturing PMI tumbles to 29.6 in Feb, vs previous 54.1.
FII/FPI IN DEBT MARKET
| DATE | PURCHASES | SALES | NET(cr) |
| Week ended
28th Feb |
7681.03 | 12580.23 | -4899.2 |
| Week ended
20th Feb |
13506.27 | 15290.6 | -1784.33 |
GLOBAL INDICES
| INDEX | As on
28th Feb |
As on
20th Feb |
%Chg. |
| S&P BSE SENSEX | 38297.29 | 41170.12 | 6.98% |
| NIFTY 50 | 11201.75 | 12080.85 | 7.28% |
| NASDAQ | 8567.37 | 9750.97 | 12.14% |
| FTSE 100 | 6580.61 | 7436.64 | 11.51% |
POLICY RATES
| INSTRUMENT | Rate |
| Policy Repo Rate | 5.15% |
| Reverse Repo Rate | 4.90% |
| MSFR | 5.40% |
| Bank Rate | 5.40% |
| CRR | 4.00% |
| SLR | 18.50% |
| GDP | 4.5% |
EXCHANGE RATES
| Rate | As on
28th Feb |
As on
21st Feb |
%Chg. |
| USD/INR | 72.539 | 71.880 | 0.92% |
| EUR/INR | 79.989 | 77.954 | 2.61% |
| GBP/INR | 92.995 | 93.236 | -0.26% |
| JPY/INR | 0.6708 | 0.6441 | 4.15% |
MACRO DATA
| PARTICULARS | CURRENT | PREVIOUS |
| Foreign Exchange Reserves (14/Feb. 2020) | $476.092B | $453.00B |
| WPI Inflation YoY (Jan) | 3.10% | 2.59% |
| Inflation Rate YoY (Jan) | 7.59% | 7.35% |
DOMESTIC INDICATORS
| INSTRUMENT | As on
28th Feb |
As on
20th Feb |
| 10 yr bond yield | 6.371% | 6.422% |
| 3yr bond yield | 5.657% | 5.771% |
| 1yr bond yield | 5.236% | 5.408% |
| US 10 yr benchmark yield | 1.163% | 1.519% |
G-SEC YIELDS
| Securities | Maturity | As on
28th Feb |
As on
27th Feb |
| 07.37 GS 2023 | 16/04/2023 | 5.660% | 5.660% |
| 07.32 GS 2024 | 28/01/2024 | 5.850% | 5.850% |
| 07.17 GS 2028 | 08/01/2028 | 6.250% | 6.530% |
COMMODITY
| INSTRUMENTS | As on
28th Feb |
As on
21th Feb |
%Chg. |
| CRUDE OIL | 50.80 | 58.5 | -16.81% |
| GOLD($) | 1587.15 | 1644.6 | -3.62% |
| SILVER($) | 15.545 | 1644.6 | -12.00% |
DISCLOSURE IN PURSUANCE OF SECTION 19 OF SEBI (RA) REGULATION 2014
Elite Wealth Advisors Limited does/does not do business with companies covered in its research reports. Investors should be aware that the Elite Wealth Advisors Limited may/may not have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as read more
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