Current+State+of+Equity+Market+in+India+2003

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CURRENT SCENARIO OF EQUITY

MARKET IN INDIA SIZE/STATISTICS

MAJOR PLAYERS

FACTORS DRIVING EQUITY MARKET IMPACT OF FII/FDI


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CURRENT SCENE

BSE SENSEX RANGE BOUND AT 16500-17000LEVELS

NSE NIFTY AROUND 5100-4900 LEVELS

NSE + BSE trading summary of FII/DII FII PURCHASES FY 0900- Rs.391794 cr

FII sales FY 0900-Rs.361675 cr

FII Net Investment FY 0900 Rs.30118 cr

DII purchases FY 0900 Rs.192516 cr DII sales FY 0900 Rs.181613 cr

DII net investment FY 0900 Rs.10903 cr


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RBI POLICY

CURRENT RBI Policy: Repo rate (Bank borrowing from RBI) is at 4.75%, Reverse repo (Bank

placing funds with RBI) at 3.25%, CRR at 5%.

2. RBI placed the growth projection for GDP for 2009-10 at 6.0 per centwith an upward bias.

Expected that Fiscal and monetary stimulus measures will supplement

domestic demand in 2009-10. On balance, an uptrend in the growth

momentum is unlikely before the middle of 2009-10, the Bank said.

3. The Bank projects the WPI inflation for end-March 2010 at around 5.0

per cent higher than the projection of 4.0 per cent made in the Annual

Policy Statement of April 2009.


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RBI POLICY 4. Monetary Policy Stance: On the basis of the above

overall assessment, the stance of monetary policy of

the RBI for the remaining period of 2009-10 will be to :

Manage liquidity actively so that the credit demand ofthe Government is met while ensuring the flow of

credit to the private sector at viable rates. Keep a vigil on the trends and signals of inflation, and

be prepared to respond quickly and effectively throughpolicy adjustments.

Maintain a monetary and interest rate regimeconsistent with price stability and financial stabilitysupportive of returning the economy to the highgrowth path.


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FAVOURABALE FACTORS

INDICES MOVING UP SHARPLY IN INDIANMARKET DURING LAST 6 MONTHS-VALUATION OFINDIAN MARKETS

INTRA DAY VOLATILITY GROWTH STIMULAI OF VARIOUS COUNTRIES

WORLD ECONOMY REVIVING-INDUSTRIALPRODUCTION UP

INTENT TO KEEP STIMULAI ON

INDIAN GDP EXPECTED AROUND 6%

DOMESTIC CONSUMPTION OF INDIAN ECONOMY


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CURRENT ECONOMIC SENARIO

INDUSTRIAL PRODUCTION UP BY 6% IN JULY 2009IN INDIA (MFG AND MINING)

AUTO SECTOR ,CEMENT,TELECOM LOOKING UP

THRUST ON INFRASTRUCTURE NREPG HAVING SOME EFFECT IN RURAL AREAS

ADVANCE TAX FIGURES LOOK ENCOURAGING

MFS INVESTED TO THE EXTENT OF 90% OF THEIR

FUNDS REAL ESTATE LOKING UP IN AFFORDABALE

SEGMENT


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CURRENT ECONOMIC SENARIO

AUTO SECTOR LOOKING UP

IT INDUSTRY LOOKING UP MARGINALLY

NO UNFAVOURABLE IMPACT ON IT FROM

ADVANCED COUNTRIES UID MAY GIVE A FILLIP TO IT INDUSTRY

REAL ESTATE COMPANIES LOOKING OUT FOR IPO

WATCH FOR QUARTERLY RESULTS AND DEMAND

REVIVAL TIGHTENING MONETARY POLICIES TO BE

AWAITED


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NEW DEVELOPMENTS BY SEBI

Grading of IPOs made mandatory

Relaxation in case of QIP

Anchor Investors Relaxation for Government Companies in

Infrastructure Sector

SEBI introduced (i) mini contracts in equityindices, (ii) options contracts with longer

life/tenure


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NEW DEVELOPMENTS BY SEBI

Trading hours to be increased


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Capitalisation/GDP Ratio


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TRENDS IN THE SECONDARY MARKET

Apr 2009-jun 2009


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NSE Turnover Jun08-Jul09


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Major Indicators of stock market-

comparision-2006 to June 2009


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Trends in Derivatives Market at NSE


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SENSEX,NIFY,NASDAQ-FY0708


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TRENDS IN PRIMARY MARKET


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TRENDS IN PRIMARY MARKET


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QIP


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RESOURCE MOBILISATION BY MF


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GAIN IN BSE/NSE INDICES IN JUNE 2009


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INSTITUTIONAL INVESTMENT


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NET INVESTMENT BY FIIS


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FII Investments Trend


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FII Investments-debt and equity


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Size of the market-NSE

NSE turnover figures shows a substantial risefrom Rs. 1,805 crore (US $ 574.29 million) in theyear 1994-95 to Rs. 2,752,023 crore (US $540,141.59 million) in 2008-09.

The average daily trading volume increased fromRs. 17 crore during 1994-95 to Rs. 11,325 crore(US $ 2,223 million) during 2008-09.

During 2008-09 the volumes decreased by 22.50

% to Rs. 2,752,023 crore (US $ 540,142 million)from Rs. 3,551,038 crore (US $ 888,426 million)during 2007-08.


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NSE Trading Size Graph


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NSE-Cash Market

The total market capitalisation under CMsegment increased from Rs. 363,350 crore (US$ 115,606 million) as at end March 1995 to Rs.

2,896,194 crore (US $ 568,439 million) as atend March 2009.

Decrease in Market capitalization of 40.38 %during 2008-09 as compared to the marketcapitalization of Rs.4,858,122 crore (US $1,215,442 million) in 2007-08.


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NSE INDICES FY 2008-09


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Derivative/CM turnover

The total turnover in the derivative segments

surpassed the combined turnover in the cash

segment of both BSE and NSE since early

2004.

During 2007-08, the turnover of derivatives

market was higher by 259.9 per cent of the

combined cash market turnover of BSE andNSE


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MF/FII Investment trend


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FY 07-08


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Secondary Market turnover


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Stock Exchange Turnover


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NIFTY 07-08

Current+State+of+Equity+Market+in+India+2003

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