KEY HIGHLIGHTS

Domestic indices ended with significant losses, posting their third straight weekly decline. Sentiment was hurt after the RBI placed Yes Bank under a moratorium. Global stocks were also under pressure due to the fast-spreading coronavirus, which has killed several thousands and disrupted supply chains across the world. In the week ended 6 March 2020, the Sensex fell 720.67 points or 1.88% to settle at 37,576.62, its lowest closing level since 7 October 2019. The Nifty 50 index slipped 212.30 points or 1.90% to settle at 10,989.45, its lowest closing level since 19 September 2019.

Due to fear of corona virus impact on world GDP equity witnessed worldwide selling pressure, which lead to the yield on 10-year benchmark paper decreased 19 basis points to 6.18% compared with 6.371% the previous week.

The low yield on the 10-year Treasury is a sign that the investors are very concerned about future growth in the economy. When people are worried about everything else, they run to Treasurys because they know they are going to get paid back.

10-year U.S. Treasury yield has been cut in half in just two weeks, offering an all-time low rate of 0.773%

FII/FPI IN DEBT MARKET

DATE PURCHASES SALES NET(cr)
Week ended

6th Mar

33009.61 43730.1 -10720.50
Week ended

28th  Feb

7681.03 12580.23 -4899.2

 

2020-03-07-FII-FPI-IN-DEBT-MARKET

GLOBAL INDICES

INDEX On 6th Mar On 28th  Feb %Chg.
S&P BSE SENSEX 37576.62 38297.29 -1.88%
NIFTY 50 10989.45 11201.75 -1.90%
NASDAQ 8575.62 8567.37 +0.10%
FTSE 100 6462.55 6580.61 -1.79%

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 18.25%
GDP Latest Qtr 4.7%

EXCHANGE RATES

Rate On 6th Mar On 28th  Feb %Chg.
USD/INR 73.7825 72.539 1.71%
EUR/INR 83.5775 79.989 4.49%
GBP/INR 96.6000 92.995 3.88%
JPY/INR 0.7026 0.6708 4.74%

 

2020-03-07-USD-INR

MACRO DATA

PARTICULARS CURRENT PREVIOUS
Foreign Exchange Reserves (14/Feb. 2020) $481.54B $476.092B
WPI Inflation YoY (Jan) 3.10% 2.59%
Inflation Rate YoY (Jan) 7.59% 7.35%

DOMESTIC INDICATORS

INSTRUMENT As on

6th Mar

As on

28th Feb

10 yr bond yield 6.180% 6.371%
3yr bond yield 5.418% 5.657%
1yr bond yield 4.962% 5.236%
US 10 yr benchmark yield 0.773% 1.163%

 

2020-03-07-INDIA'S-YIELD

G-SEC YIELDS

Securities Maturity As on

6th Mar

As on

28th Feb

07.37 GS 2023 16/04/2023 5.49% 5.660%
07.32 GS 2024 28/01/2024 5.59% 5.850%
07.17 GS 2028 08/01/2028 6.4% 6.250%

 

2020-03-07-G-SEC-YIELD

COMMODITY

INSTRUMENTS 6th Mar 28th Feb %Chg.
CRUDE OIL 45.54 50.80 -9.97%
GOLD($) 1674.35 1587.15 +5.21%
SILVER($) 17.34 15.545 +4.58%

 

2020-03-07-CRUDE-OIL


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