E-UPDates—A Monthly Statistical Bulletin (Sample)

EUpDates October 2016

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E-UpDates October 2016 Surge Research Support

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Contents Page

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www.ecofin-surge.co.in

Special Feature—Highlights of RBI’s Fourth

Bi-monthly Monetary Policy Statement, 2016-17

Table of Contents

1. Key Rates to Remember

2. Indian Economy — Growth Indicators

3. Indian Economy — Price Indicators

4. Indian Economy — Banking Indicators

10. Global Economy — Economic Indicators

11. Global Economy — Stock Indices

12. Global Economy — Commodity Indices

5. Indian Economy — Exchange Rates

6. Indian Economy — Interest Rates

7. Indian Economy — Stock Markets

8. Indian Economy — Capital Flows

9. Indian Economy — Commodity Markets


3

2016-17* 7.10% Aug-16 -0.70%

2015-16* 7.50% Aug-15 6.30%

As on 30-Sep-16 30-Sep-15 As on 30-Sep-16 30-Sep-15

Repo rate 6.50% 6.75% CRR 4.00% 4.00%

Reverse repo rate 6.00% 5.75% Base rate 9.30-9.65% 9.60-9.95%

MSF rate 7.00% 7.75% CMR 5.50-6.50% 5.60-7.20%

Inflation CPI-C* CFPI-C* WPI

Aug-16 5.05% 5.91% 3.74% Sep-16 45.06

Aug-15 3.74% 2.20% -5.06% Sep-15 46.29

*Base: 2012=100 US$ per barrel

September

52.1 30-Sep-16 66.6652.0 30-Sep-15 65.74

Nikkei Markit Mnfg. PMI

Nikkei Markit Services BAI

RBI Reference rate

For global rates visit: http://www.ecofin-surge.co.in/publications.html

For explanations visit: http://www.ecofin-surge.co.in/terminology.html

GDP IIP

Base : 2004-05=100.

Oil Price (World Average)

Purchasing Managers Index US$/Rupee Rate

*Q1; New Series (at 2011-12 prices).


4

GDP Growth Rates

(at 2011-12 prices)

Q1 Q2 Q3 Q4 FY

2016-17 7.1

2015-16 7.5 7.6 7.2 7.9 7.6 (PE)

GVA at Basic Price by

Economic Activity

1 Agriculture, forestry & fishing 3,67,623 2.6 3,74,390 1.8

2 Mining & quarrying 86,444 8.5 86,091 -0.1

3 Manufacturing 4,49,280 7.3 4,90,164 9.1

4 Electricity, gas, water supply &

other utlility services

57,037 4.0 62,378 9.4

5 Construction 2,25,637 5.6 2,29,092 1.5

6 Trade, hotels, transport,

communication and services

related to broadcasting

4,83,238 10.0 5,22,610 8.1

7 Financial, real estate &

professional services

5,81,471 9.3 6,35,963 9.4

8 Public administration, defence

and other services

3,00,705 5.9 3,37,630 12.3

9GVA at basic prices (1 to 8) 25,51,435 7.2 27,38,318 7.3

Estimates of Final

Expenditures on GDP

10 Private final consumption

expenditure (PFCE)

15,04,442 6.9 (55.2) 16,05,527 6.7 (55.0)

11 Government final consumption

expenditure (GFCE)

2,93,720 `-0.2 (10.8) 3,49,059 18.8 (12.0)

12 Gross fixed capital formation

(GFCF)

8,91,627 7.1 (32.7) 8,63,956 `-3.1 (29.6)

13 Changes in stocks (CIS) 50,754 3.6 (1.9) 54,345 7.1 (1.9)

14 Valuables 43,138 `(1.6) 22,129 `(0.8)

15 Exports 5,85,324 `-5.7 (21.5) 6,04,052 3.2 (20.7)

16 Less Imports 6,45,577 `-2.4 (23.7) 6,07,953 `-5.8 (20.8)

17 Discrepancies 761 `(0.0) 26,232 `(0.9)

18GDP (10 to 17) 27,24,188

7.5

(100.0)29,17,348 7.1 (100.0)

Growth Indicators

YoY

Growth

(Share in

GDP)

(%)

GDP

[at Constant(2011-12) prices]

2015-16

(Q1)

Rs.Crore YoY

Growth

(Share in

GDP)

(%)

2016-17

(Q1)

Rs.Crore


5

1 GVA at basic prices 104,27,191 7.2 97,27,490 7.1

2 Taxes 11,90,986 7.5 11,08,339 8.0

3 Less Subsidies 2,67,929 -5.6 2,83,679 4.8

4GDP (1+2-3) 113,50,249 7.6 105,52,151 7.2

5 Net Domestic Product (GDP less

Consumption of Fixed Capital)

100,71,784 7.6 93,59,476 7.1

6 Net factor income from abroad -1,36,921 -1,24,450

7 Gross National Income (4+6) 112,13,328 7.5 104,27,701 7.3

8 Net National Income (GNI less

Consumption of Fixed Capital)

99,34,863 7.6 92,35,026 7.2

9 Population (in million) 1,283 1.3 1,267 1.3

10 Per capita GDP (Rs.) 88,466 6.2 83,285 5.9

11 Per capita GNI (Rs.) 87,399 6.2 82,302 6.0

12 Per capita PFCE (Rs.) 49,112 6.1 46,285 4.9

PE : Provisional Estimates; RE : Revised Estimates.

Index of Industrial Production Aug-16 Aug-15 Aug-16 FY2016-17 FY2015-16

General Index 175.3 176.6 -0.7 -0.3 4.1

1. Mining 113.5 120.2 -5.6 0.6 1.4

2. Manufacturing 184.3 184.8 -0.3 -1.2 4.5

3. Electricity 194.6 194.4 0.1 5.7 3.2

Index 2004-05 =100 Change (YoY, %)

Rs.Crore YoY

Growth (%)

GDP

[at Constant(2011-12) prices]

2015-16

(PE)

Rs.Crore YoY

Growth

2014-15

(1st RE)126.5

129.3

122.6

186.0

189.8

186.0

178.6

188.6

198.8

176.8181.1

178.3

100

110

120

130

140

150

160

170

180

190

200

210

2014-15 2015-16 2016-17

IIP-Annual Averages (Base : 2004-05=100) Mining & Quarrying

(141.75)

Manufacturing (755.27)

Electricity (103.16)

General Index (1000.0)


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Wholesale Price Index

(Base: 2004-05=100)

(Inflation %)

All

Commodities

Primary Articles Food Articles Non-food

Articles

Crude

Petroleum

Manufactured

Products

July– 2016 184.2 (3.55) 270.4 287.8 236.7 180.2 156.6

August– 2016 183.1 (3.55) 268.9 284.2 236.3 184.3 156.7

September– 2016 182.8 (3.57) 263.9 279.6 230.3 180.6 157.1

Consumer Price Index

(Inflation %)

All India

General Index

(All Groups

combined)

Base 2010=100

Rural Areas (All

Groups) Base

2010=100

Urban Areas

(All Groups)

Base 2010=100

Industrial

Workers Base

2001=100

Rural

Labourers

Base 1986-

87=100

Agricultural

Labourers

Base 1986-

87=100

July– 2016 131.1 (5.05) (P) 133.5 (5.87) (F) 128.4 (4.22) (P) 280 (6.46) 881 (6.53) 877 (6.69)

August– 2016 131.1 (5.05) (P) 133.5 (5.87) (F) 128.4 (4.22) (F)) 278.0 881.0 876.0

September– 2016 130.8 (4.31) (P) 133.3 (4.96) (P) 128.0 (3.64) (P)

Price Indicators

Build up of inflation in the financial year so far is 4.45% compared to a build up of 0.23% in the corresponding period of the previous year.

F: Final; P: Provisional.

180.2

181.7

182.6

184.6

185.7

185.0

183.9

181.5

179.8

178.3

175.8

176.1

176.0

177.7

178.6

177.5

176.7

176.6

176.7

177.6

177.4

175.7

174.0

174.6

177.0179.4

182.0183.9 183.1 182.8

120

130

140

150

160

170

180

190

200

Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar

WPI (Base 2004-05=100) New Series

2014-15 2015-16 2016-17

CPI Inflation –September 2016 Rural Urban Combined

Cereals & Pdcts. 4.40 3.81 4.17

Pulses & Pdcts. 19.92 4.96 14.33

Oils etc 4.71 4.58 4.65

Meat & Fish 5.34 6.74 5.83

Milk & Pdcts. 4.88 3.35 4.27

Vegetables -6.04 -9.26 -7.21

Food & Beverages 4.66 3.19 4.12

Fuel & Light 4.85 -0.26 3.07

Clothing etc 6.08 3.65 5.19


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March 31, 2016 August, 2016 September, 2016

Reserve Money 21,80,740 21,85,980 21,86,340

% change during the month 0.86 0.02

% change since March 31 0.24 0.26

(A) Components of Reserve Money (1+2+3)

1 Currency in circulation 16,63,460 17,28,190 17,27,880

% change during the month 0.26 (0.02)


2 Banker's deposits with RBI 5,02,560 4,43,270 4,39,860


% change since March 31 (11.80) (12.48)

3 "Other" deposits with RBI 15,080 14,520 18,600


% change since March 31 (3.71) 23.34

(B) Sources of Reserve Money (4+5+6+7-8)

4 Net RBI credit to Government 4,25,330 7,38,540 6,99,650



5 RBI credit to Banks & Commercial Sector 3,04,540 (93,900) (78,810)

% change during the month 410.60

% change since March 31 (130.83)

5.1 RBI credit to banks(including NABARD) 2,84,450 (1,00,780) (85,500)



5.2 RBI credit to Commercial Sector 20,090 6,880 6,690

% change during the month (8.99) (2.76)


6 Net Foreign Exchange Assets of RBI 23,83,480 24,47,890 24,70,920



7 Govt's Currency Liabilities to the Public 21,910 22,600 23,270

% change during the month - 2.96


8 Net Non-monetary Liabilities of RBI 9,54,170 9,29,160 9,28,690



Note: (i) Figures in parentheses denote negative numbers.

Banking IndicatorsCOMPONENTS & SOURCES OF RESERVE MONEY AND THEIR VARIATIONS (Rs. crore)


8

March 31, 2016 August, 2016 September, 2016*

M3 116,54,340 122,28,910 121,90,570



(A) Components of M3 ( 1+2+3+4)

1 Currency with the public 15,98,100 16,60,090 16,88,030

% change during the month (0.06) 1.68


2 Demand deposits with banks 9,97,020 10,39,300 10,47,750



3 Time deposits with banks 90,43,770 95,15,000 94,40,390



4 Other deposits with RBI 15,450 14,520 14,400



(B) Sources of M3 (5+6+7+8-9)

5 Net bank credit to govt.(i+ii) 32,41,030 38,07,250 36,37,430



i RBI's credit 4,25,000 7,38,540 6,08,460



ii Other banks' credit 28,16,030 30,68,710 30,28,970



6 Bank credit to commercial sector (i+ii) 78,21,910 78,59,910 78,45,480



i RBI's credit 20,080 6,880 7,710

% change during the month (9.35) 12.06


ii Other banks' credit 78,01,830 78,53,040 78,37,760



7 Net foreign exchange assets of the banking sector 24,90,710 25,98,140 26,12,110



8 Government's currency liabilities to the public 21,910 22,600 22,600

% change during the month - 0.0


9 NNML of the banking sector (i+ii) 19,21,210 20,59,000 19,27,050



i RBI's NNML 9,54,170 9,29,160 9,22,510



ii Other bank's NNML(Residual) 9,67,040 11,29,840 10,04,540



COMPONENTS & SOURCES OF MONEY STOCK (M3) AND THEIR VARIATIONS (Rs. crores)

Note: (i) Figures in parentheses denote negative numbers; (ii) *: Data are of September 16, 2016.


9

Date Day Spot 1 Month 3 Month 6 Month Spot 1 Month 3 Month 6 Month

1-Sep-16 Thu 66.98 67.36 68.05 68.93 74.70 75.17 76.07 77.34

2-Sep-16 Fri 66.84 67.23 67.94 68.82 74.79 75.26 76.18 77.47

5-Sep-16 Mon na na

6-Sep-16 Tue 66.54 66.95 67.56 68.48 74.30 74.80 75.64 76.92

7-Sep-16 Wed 66.39 66.78 67.43 68.32 74.67 75.16 76.03 77.30

8-Sep-16 Thu 66.44 66.83 67.49 68.42 74.99 75.47 76.38 77.68

9-Sep-16 Fri 66.69 67.07 67.76 68.64 75.20 75.67 76.57 77.83

12-Sep-16 Mon 66.93 67.34 67.98 68.88 75.11 75.61 76.48 77.73

13-Sep-16 Tue na na

14-Sep-16 Wed 66.91 67.30 67.97 68.87 75.11 75.60 76.49 77.75

15-Sep-16 Thu 67.04 67.42 68.08 69.02 75.37 75.85 76.76 78.04

16-Sep-16 Fri 67.00 67.38 68.06 68.98 75.19 75.68 76.58 77.86

19-Sep-16 Mon 66.98 67.37 68.06 68.97 74.75 75.24 76.16 77.42

20-Sep-16 Tue 67.03 67.44 68.08 68.99 74.93 75.44 76.29 77.57

21-Sep-16 Wed 67.03 67.41 68.06 68.97 74.74 75.20 76.07 77.34

22-Sep-16 Thu 66.68 67.06 67.75 68.62 74.92 75.40 76.28 77.55

23-Sep-16 Fri 66.67 67.05 67.68 68.58 74.78 75.25 76.14 77.36

26-Sep-16 Mon na na

27-Sep-16 Tue na na

28-Sep-16 Wed 66.48 66.84 67.54 68.43 74.50 74.96 75.87 77.15

29-Sep-16 Thu 66.48 66.84 67.54 68.43 74.50 74.96 75.87 77.15

30-Sep-16 Fri 66.63 67.02 67.68 68.60 74.45 74.95 75.85 77.15

Date Day Spot 1 Month 3 Month 6 Month Spot 1 Month 3 Month 6 Month

1-Sep-16 Thu 88.71 89.23 90.21 91.55 64.61 65.04 65.81 66.93

2-Sep-16 Fri 88.63 89.21 90.19 91.51 64.57 65.00 65.80 66.91

5-Sep-16 Mon na na

6-Sep-16 Tue 88.87 89.43 90.36 91.71 64.37 64.81 65.56 66.66

7-Sep-16 Wed 88.82 89.37 90.29 91.64 65.35 65.79 66.56 67.67

8-Sep-16 Thu 88.80 89.33 90.31 91.68 65.36 65.80 66.59 67.73

9-Sep-16 Fri 88.82 89.34 90.32 91.63 64.98 65.41 66.20 67.30

12-Sep-16 Mon 88.83 89.38 90.32 91.63 65.66 66.12 66.89 68.00

13-Sep-16 Tue na na

14-Sep-16 Wed 88.23 88.77 89.72 91.04 65.15 65.59 66.39 67.48

15-Sep-16 Thu 88.56 89.09 90.03 91.40 65.55 65.99 66.79 67.91

16-Sep-16 Fri 88.22 88.75 89.71 91.06 65.76 66.20 66.99 68.13

19-Sep-16 Mon 87.38 87.91 88.90 90.21 65.77 66.22 67.01 68.16

20-Sep-16 Tue 86.90 87.45 88.39 89.68 65.78 66.25 67.00 68.14

21-Sep-16 Wed 87.08 87.59 88.50 89.82 66.28 66.72 67.48 68.62

22-Sep-16 Thu 87.16 87.68 88.62 89.92 66.20 66.65 67.47 68.55

23-Sep-16 Fri 86.42 86.92 87.83 89.10 66.13 66.57 67.37 68.44

26-Sep-16 Mon na na

27-Sep-16 Tue na na

28-Sep-16 Wed 86.54 87.02 88.00 89.30 66.02 66.44 67.27 68.37

29-Sep-16 Thu 86.54 87.02 88.00 89.30 66.02 66.44 67.27 68.37

30-Sep-16 Fri 86.33 86.86 87.80 89.13 65.81 66.25 67.06 68.19

Exchange RatesMovement of the Rupee (INR) (Average of Buying & Selling Rates)

Dollar Euro

Pound Yen


10

Euro

Date Day 1 Month 3 Month 6 Month 1 Month 3 Month 6 Month

1-Sep-16 Thu 7.03 6.58 5.92 7.82 7.57 7.21

2-Sep-16 Fri 7.23 6.78 6.01 7.89 7.64 7.31

5-Sep-16 Mon na na

6-Sep-16 Tue 7.65 6.27 4.61 8.29 7.41 7.18

7-Sep-16 Wed 7.38 6.45 4.74 8.25 7.52 7.17

8-Sep-16 Thu 7.28 6.47 -100.00 7.96 7.59 7.29

9-Sep-16 Fri 7.06 6.57 2.61 7.68 7.49 7.12

12-Sep-16 Mon 7.51 6.42 1.50 8.20 7.47 7.08

13-Sep-16 Tue na na

14-Sep-16 Wed 7.32 6.52 5.94 8.20 7.55 7.17

15-Sep-16 Thu 7.02 6.38 5.99 7.92 7.58 7.21

16-Sep-16 Fri 7.12 6.51 6.00 8.02 7.57 7.23

19-Sep-16 Mon 7.31 6.64 6.03 8.16 7.76 7.29

20-Sep-16 Tue 7.59 6.38 5.92 8.48 7.46 7.16

21-Sep-16 Wed 7.02 6.26 5.86 7.73 7.31 7.09

22-Sep-16 Thu 7.15 6.58 5.90 7.88 7.46 7.13

23-Sep-16 Fri 7.06 6.23 5.81 7.81 7.50 7.02

26-Sep-16 Mon na na

27-Sep-16 Tue na na

28-Sep-16 Wed 6.79 6.56 5.95 7.58 7.56 7.23

29-Sep-16 Thu 6.79 6.56 5.95 7.58 7.56 7.23

30-Sep-16 Fri 7.35 6.45 6.00 8.28 7.74 7.38

Date Day 1 Month 3 Month 6 Month 1 Month 3 Month 6 Month

1-Sep-16 Thu 7.27 6.94 6.49 8.19 7.61 7.29

2-Sep-16 Fri 8.14 7.20 6.60 8.29 7.81 7.38

5-Sep-16 Mon na na

6-Sep-16 Tue 7.90 6.90 6.49 8.62 7.60 7.24

7-Sep-16 Wed 7.62 6.76 6.45 8.49 7.62 7.23

8-Sep-16 Thu 7.47 7.00 6.59 8.38 7.78 7.40

9-Sep-16 Fri 7.26 6.93 6.44 8.34 7.72 7.27

12-Sep-16 Mon 7.69 6.88 6.40 8.74 7.71 7.24

13-Sep-16 Tue na na

14-Sep-16 Wed 7.60 6.95 6.47 8.51 7.83 7.28

15-Sep-16 Thu 7.35 6.81 6.52 8.26 7.75 7.33

16-Sep-16 Fri 7.45 6.93 6.53 8.43 7.73 7.35

19-Sep-16 Mon 7.53 7.12 6.58 8.53 7.76 7.42

20-Sep-16 Tue 7.86 7.04 6.49 8.92 7.66 7.30

21-Sep-16 Wed 7.26 6.71 6.39 8.36 7.47 7.20

22-Sep-16 Thu 7.40 6.87 6.42 8.57 7.90 7.24

23-Sep-16 Fri 7.24 6.69 6.31 8.19 7.68 7.09

26-Sep-16 Mon na na

27-Sep-16 Tue na na

28-Sep-16 Wed 6.94 6.92 6.49 7.91 7.79 7.26

29-Sep-16 Thu 6.94 6.92 6.49 7.91 7.79 7.26

30-Sep-16 Fri 7.55 6.99 6.58 8.33 7.82 7.38

Pound Yen

Dollar

Annualised Forward Premia


11

RBI

LAF

Net Injection(+)/

Absorption(-) of Liquidity

(Rs. billion)*

Repo Rates

(Repo/Reverse

Repo)

Over-

night

Rates

(%)

Call

Money**

CBLO** Mibor USD Libor

01-Sep-16 -547.8 6.50/6.00% 6.37 6.50 0.413

02-Sep-16 -485.1 6.38 6.45 6.50 0.414

03-Sep-16 6.39 6.44 6.50 0.417

05-Sep-16 -33.3 6.41 6.43 6.50 0.417

06-Sep-16 -560.4 6.15 6.50 0.419

07-Sep-16 -389.7 6.17

08-Sep-16 -256.0 6.45 6.47 6.57 0.419

09-Sep-16 -348.2 6.48 6.50 6.60 0.419

12-Sep-16 -63.0 6.46 6.52 6.60 0.419

14-Sep-16 -159.6 6.45 6.54 6.65 0.420

15-Sep-16 -201.5 6.43 6.50 6.59 0.420

16-Sep-16 174.9 6.42 6.49 0.419

17-Sep-16 6.50 0.417

19-Sep-16 150.4 6.36 6.47 6.50 0.417

20-Sep-16 109.1 6.33 6.67 6.50 0.417

21-Sep-16 -191.3 6.36 6.50

22-Sep-16 -221.8 6.39 6.46 6.51 0.416

23-Sep-16 -275.2 6.41 6.45 6.51 0.417

26-Sep-16 -162.3 6.45 6.45 6.50 0.418

27-Sep-16 -106.3 6.42 6.43 6.51 0.420

28-Sep-16 -101.8 6.38 6.42 6.50 0.420

29-Sep-16 -416.3 6.40 6.44 6.50 0.418

30-Sep-16 -982.7 6.50/6.00% 6.39 6.46 6.50 0.418

*Includes liquidity provided under MSF at 7.0%; **Weighted average rates.

Money Market Rates & Liquidity

Interest Rates

0.416

0.418

0.420

0.422

0.424

0.426

6.00

6.10

6.20

6.30

6.40

6.50

6.60

1-S

ep-1

6

3-S

ep-1

6

5-S

ep-1

6

7-S

ep-1

6

9-S

ep-1

6

11

-Sep

-16

13

-Sep

-16

15

-Sep

-16

17

-Sep

-16

19

-Sep

-16

21

-Sep

-16

23

-Sep

-16

25

-Sep

-16

27

-Sep

-16

29

-Sep

-16

Call Money Mibor USD Libor


12

Date 3 months 6 months 1 year 2 Year 3 Year 4 Year 5 Year 7 Year 10 Year >10

Year &

<=15

Year

>15

Year &

<= 20

Year

>20

Year

1-Sep-16 6.54 6.64 6.64 6.89 6.95 7.05 7.11 7.19 7.19 7.22 7.21

2-Sep-16 6.53 6.64 6.89 6.95 7.04 7.11 7.08 7.20 7.23 7.26

5-Sep-16

6-Sep-16 6.55 6.66 6.89 6.93 7.03 7.09 7.06 7.19 7.24 7.21

7-Sep-16 6.55 6.65 6.99 7.06 7.15 7.21 7.18

8-Sep-16 6.54 6.62 6.62 6.83 6.86 6.89 6.94 7.04 7.16 7.19 7.18

9-Sep-16 6.52 6.65 6.61 6.82 6.83 6.88 7.04 7.04 7.17 7.19 7.19

12-Sep-16 6.50 6.61 6.88 6.85 6.87 7.06 7.07 7.20 7.22 7.25

13-Sep-16 6.94

14-Sep-16 6.52 6.63 6.85 6.93 7.08 7.03 7.19 7.22 7.22

15-Sep-16 6.49 6.62 6.82 6.85 6.93 7.05 7.09 7.14 7.23 7.20

16-Sep-16 6.51 6.93 7.00 7.04 7.08 7.15 7.23 7.22

19-Sep-16 6.52 6.79 6.84 6.93 7.02 7.08 7.15 7.22 7.20

20-Sep-16 6.54 6.60 6.79 6.84 6.93 7.04 7.09 7.17 7.25 7.24

21-Sep-16 6.53 6.63 6.78 6.93 7.03 7.07 7.19 7.24 7.24

22-Sep-16 6.52 6.58 6.73 6.79 6.88 6.88 7.02 7.11 7.19 7.16

23-Sep-16 6.52 6.57 6.77 6.85 6.93 7.00 7.13 7.17 7.15

26-Sep-16 6.50 6.57 6.73 6.74 6.81 6.90 6.85 6.98 7.06 7.12 7.14

27-Sep-16 6.51 6.56 6.67 6.70 6.78 6.87 6.82 6.95 7.06 7.10 7.12

28-Sep-16 6.51 6.54 6.58 6.71 6.80 6.88 6.81 6.96 7.05 7.10 7.14

29-Sep-16 6.45 6.55 6.71 6.79 6.95 6.98 7.09 7.13 7.17

30-Sep-16 6.42 6.73 6.84 6.95 6.95 7.10 7.14 7.19

September-2016 6.51 6.60 6.62 6.78 6.81 6.89 6.97 6.99 7.04 7.14 7.19 7.19

Constant Maturity Yields for Government Bonds—September 2016

Debt Market Yields


13

Debt Market Yields

6.7

96

.73

6.7

26

.76

6.7

86

.76 6.8

56

.78

6.7

96

.78

6.8

16

.83

6.8

96

.89

6.8

56

.90

6.9

26

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7.0

27

.04

7.0

27

.01

6.7

77

.02

6.7

17

.06

7.0

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17

.18

7.0

87

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7.0

3 7.1

46

.84

7.1

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7.1

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6.8

17

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7.0

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7.2

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7.2

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7.2

37

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7.1

9

6.40

6.60

6.80

7.00

7.20

7.40

7.60

7.80

Janu

ary

20

17A

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l 20

17Ju

ly 2

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20

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ril 2

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20

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20

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20

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20

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Oct

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55

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d A

ver

age

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Ms

Maturity Year

Yields of Gsecs Traded in September 2016

7.2

97.0

07.7

67.7

67

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7.9

07

.77

7.7

77

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7.8

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7.9

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7.9

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7.9

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8.6

27.

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36

6.6

2 7.4

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47

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7

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20

20

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27

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31

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age

YT

Ms

Maturity Year

Yields of Corporate Bonds (AAA) Traded in September 2016


14

Month/

Year

No of

Companies

Listed*

No. of

Companies

Traded*

Turnover

(Rs.cr)

Average

Daily

Turnover

(Rs.cr)

Market

Capitalisation

(Rs.cr)*

Month

High

Month Low Month-

Closing

P/E P/B Dividend

Yield

Jun-16 5962 2804 60740.0 2760.9 10285548.7 27105.4 25911.3 26999.7 19.52 2.82 1.46

Jul-16 5985 2869 68032.5 3401.6 10863580.8 28240.2 27034.1 28051.9 20.25 2.94 1.41

Aug-16 5816 74083.9 3367.5 11099422.9 28532.3 27628.0 28452.2 20.59 2.95 1.39

Month/

Year

No of

Companies

Listed*

No. of

Securities

Traded*

Turnover

(Rs.cr)

Average

Daily

Turnover

(Rs.cr)

Market

Capitalisation

(Rs.cr)*

Month

High

Month Low Month-

Closing

P/E P/B Dividend

Yield

Jun-16 1822 1848 383484.0 17431.0 10100336.5 8308.2 7927.1 8287.8 22.52 3.38 1.28

Jul-16 1839 1885 407332.0 20367.0 10675211.0 8674.7 8287.6 8638.5 23.33 3.43 1.24

Aug-16 1831 1895 470626.0 21392.0 10910696.0 8819.2 8518.2 8786.2 23.65 3.34 1.25

*End of the Month.

No. of

contracts

Turnover

(Rs. cr.)

No. of

contracts

Turnover

(Rs. cr.)

No. of contracts Notional

Turnover

(Rs. cr.)

No. of

contracts

Notional

Turnover

(Rs. cr.)

No. of

contracts

Turnover

(Rs. cr.)

Jun-16 448 26.0 448 26.0 1.2

Jul-16 4220 294.8 340 23.2 4560 318.0 15.9

Aug-16 16884 1185.6 547 39.1 17431 1224.7 55.7

No. of

contracts

Turnover

(Rs. cr.)

No. of

contracts

Turnover

(Rs. cr.)

No. of contracts Notional

Turnover

(Rs. cr.)

No. of

contracts

Notional

Turnover

(Rs. cr.)

No. of

contracts

Turnover

(Rs. cr.)

Jun-16 6831756 400891.8 14803058 780911.6 86903821 5129854.7 7661598 405182.4 116200233 6716840.6 305310.9

Jul-16 4701956 317460.0 13905533 927572.2 72311766 4913926.6 7919557 538769.0 98838812 6697727.7 334886.4

Aug-16 5681464 389296.7 15504379 1062475.6 84911344 5912291.8 7985737 559718.9 114082924 7923783.0 360172.0

Total Average

Daily

Turnover

(Rs. cr.)

CNX Nifty (50 Scrips)(Nov.3, 1993=100)NSE Capital Market Segment

BSE Derivatives (F&O) Trades

NSE Derivatives (F&O) Segment

Month/

Year

Index Futures Stock Futures Index Options Stock Options

Derivatives Turnover

Month/

Year

Index Futures Stock Futures Index Options Stock Options Total Average

Daily

Turnover

(Rs. cr.)

STOCK MARKETSEquity Market Turnover

S&P BSE Sensex (30 Scrips) (1978-79=100)BSE Equity Market


15

Open High Low Close Price/Earnings Price/Bookvalue Dividend Yield

01-Sep-16 28459.1 28548.9 28386.6 28423.5 20.82 2.98 1.37

02-Sep-16 28498.7 28581.6 28427.6 28532.1 20.94 3.00 1.37

06-Sep-16 28631.3 29013.4 28631.3 28978.0 21.37 3.06 1.34

07-Sep-16 29035.7 29067.8 28911.3 28926.4 21.38 3.06 1.34

08-Sep-16 28929.5 29077.3 28854.6 29045.3 21.45 3.07 1.34

09-Sep-16 29062.9 29062.9 28755.1 28797.3 21.20 3.04 1.35

12-Sep-16 28481.1 28481.1 28251.3 28353.5 20.78 2.98 1.38

14-Sep-16 28345.5 28416.4 28259.4 28372.2 20.82 2.98 1.38

15-Sep-16 28398.3 28454.0 28311.1 28412.9 20.81 2.98 1.38

16-Sep-16 28520.3 28778.6 28494.6 28599.0 20.96 3.00 1.37

19-Sep-16 28626.6 28714.8 28552.6 28634.5 21.68 3.01 1.36

20-Sep-16 28690.7 28698.8 28480.5 28523.2 21.57 3.00 1.37

21-Sep-16 28554.4 28689.4 28462.3 28507.4 21.56 2.99 1.37

22-Sep-16 28766.9 28871.9 28693.1 28773.1 21.85 3.03 1.35

23-Sep-16 28810.3 28825.1 28627.4 28668.2 21.79 3.03 1.35

26-Sep-16 28630.9 28630.9 28272.0 28294.3 21.27 2.93 1.39

27-Sep-16 28373.0 28432.7 28179.3 28223.7 21.29 2.94 1.38

28-Sep-16 28198.9 28378.6 28198.3 28292.8 21.35 2.94 1.38

29-Sep-16 28423.1 28475.6 27719.9 27827.5 20.83 2.87 1.42

30-Sep-16 27807.8 27955.2 27716.8 27866.0 20.92 2.89 1.41

Open High Low Close Price/Earnings Price/Bookvalue Dividend Yield

01-Sep-16 8793.6 8813.3 8760.0 8774.7 24.06 3.35 1.22

02-Sep-16 8796.4 8824.1 8768.2 8809.7 24.15 3.36 1.22

06-Sep-16 8852.7 8950.9 8848.5 8943.0 24.52 3.42 1.20

07-Sep-16 8968.7 8968.7 8913.4 8918.0 24.45 3.40 1.20

08-Sep-16 8915.5 8960.4 8896.0 8952.5 24.54 3.41 1.20

09-Sep-16 8934.3 8939.2 8858.7 8866.7 24.31 3.38 1.21

12-Sep-16 8733.0 8747.0 8699.4 8715.6 23.89 3.32 1.23

14-Sep-16 8710.7 8739.9 8688.9 8726.6 23.92 3.33 1.23

15-Sep-16 8743.9 8752.0 8704.4 8742.6 23.97 3.33 1.23

16-Sep-16 8780.9 8847.7 8750.5 8779.9 24.07 3.34 1.26

19-Sep-16 8788.5 8824.3 8774.2 8808.4 24.15 3.34 1.25

20-Sep-16 8816.1 8816.5 8759.3 8775.9 24.06 3.33 1.26

21-Sep-16 8790.3 8826.9 8757.3 8777.2 24.11 3.33 1.26

22-Sep-16 8873.4 8893.4 8837.8 8867.5 24.34 3.37 1.25

23-Sep-16 8880.8 8885.2 8820.3 8831.6 24.24 3.35 1.25

26-Sep-16 8807.9 8809.6 8715.1 8723.1 23.94 3.31 1.27

27-Sep-16 8748.9 8768.5 8690.5 8706.4 23.90 3.30 1.27

28-Sep-16 8711.2 8767.1 8703.2 8745.2 23.97 3.32 1.27

29-Sep-16 8792.7 8800.7 8558.3 8591.3 23.51 3.26 1.29

30-Sep-16 8581.5 8637.2 8555.2 8611.2 23.40 3.27 1.29

Index MovementsBSE: S&P BSE Sensex (30 Scrips) (1978-79=100)

NSE: Nifty (50 Scrips) (Nov.3, 1993=100)


16

8500

8550

8600

8650

8700

8750

8800

8850

8900

8950

9000

27700

27900

28100

28300

28500

28700

28900

29100

01-S

ep-1

6

02-S

ep-1

6

06-S

ep-1

6

07-S

ep-1

6

08-S

ep-1

6

09-S

ep-1

6

12-S

ep-1

6

14-S

ep-1

6

15-S

ep-1

6

16-S

ep-1

6

19-S

ep-1

6

20-S

ep-1

6

21-S

ep-1

6

22-S

ep-1

6

23-S

ep-1

6

26-S

ep-1

6

27-S

ep-1

6

28-S

ep-1

6

29-S

ep-1

6

30-S

ep-1

6

Sensex High Low

Nifty High Low

FUTIDX-NIFTY Futures

(Expiry 29 September '16)

Open High Low Close No. of Contracts Turnover ('00,000) Change in OI

01-Sep-16 8833.5 8854.7 8791.0 8808.4 109257 723105 601275

02-Sep-16 8811.8 8847.1 8793.6 8840.2 95337 630697 -458400

06-Sep-16 8891.0 8969.1 8886.3 8961.2 107095 717112 728850

07-Sep-16 8975.6 8989.5 8942.1 8952.1 102380 688326 108825

08-Sep-16 8953.1 8994.5 8933.8 8982.6 93049 625549 343575

09-Sep-16 8962.0 8962.0 8890.5 8903.8 141330 945425 -912375

12-Sep-16 8805.3 8805.3 8727.0 8742.4 185188 1216077 -628575

14-Sep-16 8736.3 8779.8 8717.3 8768.6 114940 754174 -182775

15-Sep-16 8764.1 8784.0 8728.0 8773.5 100678 661107 -577050

16-Sep-16 8808.0 8878.8 8769.5 8808.2 180007 1192050 80925

19-Sep-16 8811.9 8848.4 8798.9 8832.1 83130 550445 288975

20-Sep-16 8806.7 8820.0 8786.1 8807.2 88745 585957 -123900

21-Sep-16 8814.0 8856.6 8784.9 8807.0 128146 848059 131325

22-Sep-16 8880.3 8918.0 8861.1 8884.5 144079 960282 -194775

23-Sep-16 8885.3 8889.4 8830.1 8843.7 95560 635364 -888600

26-Sep-16 8813.8 8821.6 8726.7 8735.2 211371 1390929 -6349275

27-Sep-16 8765.0 8776.4 8697.9 8716.6 187869 1231847 -4396050

28-Sep-16 8710.0 8783.9 8706.0 8758.5 145082 951787 -3324525

29-Sep-16 8801.3 8802.0 8562.1 8588.4 308550 2005108 -4351875


17

Capital Flows

Equity Gross

Purchases (Rs

Crores)

Gross Sales

(Rs Crores)

Net Investment

(Rs Crores)

01-Sep-16 1352.0 1241.8 110.1

02-Sep-16 1515.3 1332.9 182.4

06-Sep-16 1325.0 1418.7 -93.8

07-Sep-16 1496.0 1804.5 -308.4

08-Sep-16 1252.8 1572.4 -319.6

09-Sep-16 1008.8 1231.0 -222.2

12-Sep-16 1544.7 1729.8 -185.1

14-Sep-16 1539.7 1284.1 255.6

15-Sep-16 1069.1 924.4 144.7

16-Sep-16 1548.2 1720.3 -172.1

19-Sep-16 1066.7 1054.4 12.2

20-Sep-16 2088.5 1078.8 1009.7

21-Sep-16 1272.3 1039.7 232.6

22-Sep-16 1678.9 1351.7 327.2

23-Sep-16 1571.1 1374.9 196.2

26-Sep-16 1374.2 1183.3 190.9

27-Sep-16 1305.4 1144.6 160.8

28-Sep-16 1392.3 1093.2 299.0

29-Sep-16 3724.4 2830.5 894.0

30-Sep-16 2145.7 1018.5 1127.2

Total for September 31271.1 27429.5 3841.4

Debt Gross

Purchases (Rs

Crores)

Gross Sales

(Rs Crores)

Net Investment

(Rs Crores)

01-Sep-16 12327.3 4625.1 7702.2

02-Sep-16 7637.0 3570.2 4066.8

06-Sep-16 8432.8 3928.4 4504.5

07-Sep-16 6850.6 3376.8 3473.8

08-Sep-16 5695.8 3713.7 1982.1

09-Sep-16 7172.8 3240.7 3932.1

12-Sep-16 5967.2 2621.0 3346.2

14-Sep-16 7991.1 4486.1 3505.1

15-Sep-16 8455.4 4716.4 3739.0

16-Sep-16 11296.6 4396.8 6899.8

19-Sep-16 7180.7 5865.6 1315.1

20-Sep-16 11100.4 6900.3 4200.1

21-Sep-16 7758.0 5000.8 2757.3

22-Sep-16 10824.5 7360.5 3464.0

23-Sep-16 6178.8 4578.8 1600.0

26-Sep-16 8395.6 6723.5 1672.1

27-Sep-16 8115.7 6516.8 1598.9

28-Sep-16 8452.2 8822.8 -370.6

29-Sep-16 10567.4 14282.3 -3714.9

30-Sep-16 7909.7 10271.3 -2361.5

Total for September 168309.6 114997.9 53312.1

Mutual Funds Investment Trends


18

Mutual Funds' Asset

Position (Rs. Crore)

April 2016 to September 2016Private Sector

Mutual Funds

Public Sector

Mutual Funds (of which) UTI Total

13,00,948.7 2,79,127.5 1,23,612.3 15,80,076.2

82.33% 17.67% 7.82% 100.00%Cumulative Position of Net Assets as on

September 30, 2016

84,61,683.9

Net Inflow/ Outflow (-ve) of funds 1,85,044.2 49,520.0 20,226.4 2,34,564.1

Mobilisation of Funds 68,33,074.4 16,28,609.5 7,42,575.1

ECB (& FCCB) Jul-16 Aug-16

Automatic Route 1,019,625,452 2,586,685,779

Approval Route 1837,01,042 5865,68,578

Total ECB 1,203,326,494 3,173,254,357

Value in US$.

01-Sep-16 798.75 1540 -741.25 -110.67

02-Sep-16 2211.22 1422.97 788.25 117.73

06-Sep-16 1255.88 320.02 935.86 140.01

07-Sep-16 1454.68 964.7 489.98 73.63

08-Sep-16 2189.86 675.87 1513.99 228.14

09-Sep-16 1540.03 909.28 630.75 94.93

12-Sep-16 2120.15 1690.46 429.69 64.57

14-Sep-16 299.72 131.32 168.4 25.17

15-Sep-16 1895.32 1759.26 136.06 20.32

16-Sep-16 717.46 1401.27 -683.81 -102.03

19-Sep-16 718.48 207.21 511.27 76.44

20-Sep-16 1243.4 720.24 523.16 78.23

21-Sep-16 1280.64 1214.76 65.88 9.83

22-Sep-16 609.18 1388.89 -779.71 -116.26

23-Sep-16 1535.2 1618.19 -82.99 -12.41

26-Sep-16 1935.79 1386.4 549.39 82.42

27-Sep-16 1764.25 636.13 1128.12 169.11

28-Sep-16 3119.32 1394.74 1724.58 259.48

29-Sep-16 1450.53 373.64 1076.89 162.06

30-Sep-16 2194.65 789.8 1404.85 211.09

Total for September 30334.51 20545.15 9789.36 1471.79

Total for 2016 204299.71 201858.06 2441.65 423.98

Gross Sales

(Rs Crores)Net Investment

(Rs Crores)

Net

Investment

US$ million

FPI Investments in Primary & Secondary Markets

Debt Gross

Purchases

(Rs Crores)


19

01-Sep-16 15504.4 14581.3 923.0 137.8

02-Sep-16 3355.8 3737.7 -381.9 -57.1

06-Sep-16 3644.0 3398.3 245.7 36.8

07-Sep-16 5549.1 4155.7 1393.4 209.4

08-Sep-16 5627.5 4763.3 864.2 130.2

09-Sep-16 4689.7 4556.2 133.5 20.1

12-Sep-16 4040.2 4377.4 -337.2 -50.7

14-Sep-16 3574.1 4165.2 -591.2 -88.4

15-Sep-16 4624.6 5097.8 -473.2 -70.7

16-Sep-16 3410.8 3064.8 346.0 51.6

19-Sep-16 11087.8 10546.9 540.9 80.9

20-Sep-16 4784.3 3820.0 964.3 144.2

21-Sep-16 4551.1 3445.4 1105.7 165.0

22-Sep-16 4538.0 4030.0 508.1 75.8

23-Sep-16 4812.3 4410.3 402.0 60.1

26-Sep-16 5755.0 6002.7 -247.7 -37.2

27-Sep-16 4413.6 4557.2 -143.6 -21.5

28-Sep-16 4607.6 3802.0 805.6 121.2

29-Sep-16 5652.8 4678.3 974.5 146.7

30-Sep-16 11492.7 8081.6 3411.0 512.5

Total for September 115715.3 105272.1 10443.3 1566.8

Total for 2016 841303.2 790010.2 51293.0 7703.9

Equity Gross

Purchases (Rs

Crores)

Gross Sales

(Rs Crores)Net Investment

(Rs Crores)

Net

Investment

US$ Million

-600-400-200

0200400600800

100012001400

1-Se

p-1

6

8-Se

p-1

6

15-S

ep-1

6

22-S

ep-1

6

29-S

ep-1

6

3411.03

Net

Flo

ws

(Rs.

Cr.

)

FPI Equity

MF Equity

Foreign Investment 2015-16* 2016-17* Jul-16 Aug-16

Foreign Investment Inflows 16,365.0 14,844.0 4,130.0 4,817.0

Net Direct Investments 13,955.0 12,585.0 3,621.0 4,876.0

Net Portfolio Inflows –1,761 5,680.0 2,640.0 937.0

*April-August; US$ million.


20

Date Futures Spot Futures Spot Futures Spot Futures Spot Futures Spot

01-Sep-16 3460.0 3620.4 1767.0 1811.3 645.7 633.8 2964.0 2994.0 30772.0 30703.0

02-Sep-16 3437.0 3603.8 1766.0 1810.0 660.0 639.7 3032.0 2890.0 30920.0 30761.0

05-Sep-16 3528.0 1766.0 663.4 3032.0 2970.0 30985.0

06-Sep-16 3542.0 3622.5 1775.0 1811.0 653.7 649.9 3021.0 2970.0 31378.0 31030.0

07-Sep-16 3538.0 3626.7 1760.0 1811.5 651.7 647.0 3078.0 2983.0 31305.0 31278.0

08-Sep-16 3555.0 3627.2 1752.0 1810.1 659.2 645.6 3220.0 3019.0 31203.0 31240.0

09-Sep-16 3543.0 3651.3 1744.0 1815.6 657.5 651.0 3134.0 3164.0 31217.0 31191.0

12-Sep-16 3589.0 3632.9 1725.0 1818.7 651.6 645.6 3140.0 3053.0 31019.0 31212.0

13-Sep-16 3623.0 1725.0 645.0 3089.0 3097.0 31081.0

14-Sep-16 3631.0 3638.5 1737.0 1821.0 646.9 640.8 2991.0 3004.0 31038.0 31073.0

15-Sep-16 3577.0 1746.0 1823.7 645.3 640.0 3007.0 2918.0 30910.0 31115.0

16-Sep-16 3581.0 3635.0 1748.0 1817.5 651.6 646.2 2943.0 2943.0 30813.0 30920.0

19-Sep-16 3598.0 3621.5 1751.0 1818.4 663.0 653.2 2960.0 2878.0 30903.0 30967.0

20-Sep-16 3582.0 3614.0 1738.0 1818.4 665.8 659.8 2956.0 2896.0 30924.0 30982.0

21-Sep-16 3513.0 3607.5 1740.0 1817.5 665.2 660.0 3046.0 2952.0 31205.0 31106.0

22-Sep-16 3482.0 3595.0 1747.0 1820.0 670.8 661.5 3101.0 3041.0 31332.0 31263.0

23-Sep-16 3494.0 3603.4 1751.0 1824.0 660.4 662.6 2978.0 3096.0 31281.0 31316.0

26-Sep-16 3485.0 3594.5 1751.0 1820.2 661.3 658.5 3083.0 2965.0 31328.0 31305.0

27-Sep-16 3474.0 3584.2 1745.0 1819.8 656.2 655.0 2975.0 3064.0 30978.0 31227.0

28-Sep-16 3493.0 3590.0 1747.0 1822.2 653.4 649.4 3061.0 2969.0 30955.0 31038.0

29-Sep-16 3485.0 3600.0 1757.0 1825.0 655.9 650.0 3204.0 3126.0 31165.0 31096.0

30-Sep-16 3482.0 3610.0 1752.0 1823.1 655.7 648.1 3212.0 3183.0 30742.0 31175.0

*National Commodity & Derivatives Exchange Ltd. **Multi Commodity Exchange of India. Futures: October contract.

Commodity Futures & Spot Prices

Sugar* Wheat* Refined Soya Oil* Energy: Crude Oil** Bullion: Gold**

Commodity Futures & Spot Markets

(100 Kgs) (100 Kgs) (10 Kgs) (1 Bbl.) (10 Grams)


21

MCXCOMDEX MCXAGRI MCXMETAL MCXENERGY NCDEX-Futures NCDEX-Spot

01-Sep-16 3067.53 2489.98 4531.44 2199.14 3174.88 3177.82

02-Sep-16 3088.98 2493.40 4545.56 2239.08 3189.38 3182.88

05-Sep-16 3088.78 2487.99 4551.73 2235.10 3191.40 3188.87

06-Sep-16 3097.79 2505.86 4581.97 2219.36 3193.51 3199.13

07-Sep-16 3110.96 2511.16 4581.08 2251.83 3162.45 3167.98

08-Sep-16 3153.93 2536.62 4581.60 2350.30 3164.60 3166.48

09-Sep-16 3133.54 2540.20 4575.71 2301.39 3157.68 3156.94

12-Sep-16 3125.48 2557.53 4532.94 2314.55 3150.42 3149.85

13-Sep-16 3113.74 2549.20 4533.67 2287.47 3150.35 3150.11

14-Sep-16 3099.60 2552.01 4559.08 2223.88 3184.49 3183.47

15-Sep-16 3094.33 2544.45 4536.18 2236.85 3193.34 3191.89

16-Sep-16 3080.74 2552.16 4531.89 2201.97 3192.14 3192.57

19-Sep-16 3103.53 2580.08 4571.92 2207.21 3214.51 3215.61

20-Sep-16 3115.98 2577.64 4593.02 2219.70 3194.40 3199.27

21-Sep-16 3147.26 2588.25 4611.52 2277.23 3178.72 3182.95

22-Sep-16 3176.64 2569.37 4659.17 2315.42 3179.02 3175.17

23-Sep-16 3132.20 2501.89 4650.93 2241.85 3167.13 3165.36

26-Sep-16 3160.13 2485.45 4649.76 2323.85 3161.19 3151.93

27-Sep-16 3118.51 2450.06 4617.70 2265.39 3147.10 3147.16

28-Sep-16 3141.86 2402.57 4640.76 2326.80 3139.73 3139.87

29-Sep-16 3185.54 2392.65 4666.39 2419.69 3138.44 3139.56

30-Sep-16 3187.24 2399.59 4666.77 2420.27 3153.19 3150.74

Multi Commodity Exchange of India and National Commodity & Derivatives Exchange Ltd: Index Close

Commodity Futures Indices

2000.0

2200.0

2400.0

2600.0

2800.0

3000.0

3200.0

3400.0

3600.0

3800.0

4000.0

4200.0

4400.0

4600.0

1-S

ep

3-S

ep

5-S

ep

7-S

ep

9-S

ep

11-S

ep

13-S

ep

15-S

ep

17-S

ep

19-S

ep

21-S

ep

23-S

ep

25-S

ep

27-S

ep

29-S

ep

MCXCOMDEX MCXMETAL MCXENERGY

MCXAGRI NCDEX-Futures NCDEX-Spot


22

Stock

Market

Country Risk

Indicator/

Country

(per US$)

Q2 Aug

USA 1.3 Aug -1.1 1.1 -2.1 0.88 1.75 Aug -744.3 4.1 AA+/Stable

Canada 0.9 Jul -0.7 1.1 -1.3 0.85 1.20 1.33 Aug -22.0 84.2 17.6 AAA/Stable

UK 2.1 Jul 2.1 0.6 0.8 0.37 1.05 0.82 Aug -189.7 146.7 -7.0 AA/-ve

Euro area 1.6 Jul -0.5 0.2 -2.0 -0.31 0.06 0.91 Jul 289.1 -5.0 (EU)AA/Stable

Germany 1.7 Jul -1.2 0.4 -1.6 -0.31 0.06 0.91 Aug 282.8 -0.7 AAA/Stable

France 1.3 Jul -0.1 0.2 -2.0 -0.31 0.32 0.91 Aug -54.4 -2.7 AA/-ve

Italy 0.7 Jul -0.3 -0.1 -1.1 -0.31 1.41 0.91 Jul 56.0 -22.0 BBB-/Stable

Spain 3.2 Jul -5.2 -0.6 -3.1 -0.31 1.10 0.91 Jul -21.9 -8.0 BBB+/Stable

Russia -0.6 Aug 0.7 6.9 3.1 11.2 8.35 63.0 Aug 95.5 397.7 31.6 BB+/Stable

Japan 0.8 Aug 4.6 -0.5 -3.6 -0.02 -0.05 104.00 Aug 32.8 1260.1 2.3 A+/ Stable

China 6.7 Aug 6.3 1.3 -0.8 2.80 2.53 6.71 Sep 571.4 3185.9 -16.4 AA-/-ve

Hong Kong 1.7 Q2 -0.6 4.3 0.60 1.10 7.76 Aug -52.9 362.5 6.7 AAA/-ve

Malaysia 4.0 Jul 4.1 1.5 3.37 3.60 4.20 Aug 22.2 97.7 0.8 A-/Stable

Singapore 2.1 Aug 0.1 -0.3 .. 1.91 1.38 Aug 46.7 253.4 0.0 AAA/Stable

South Korea 3.2 Aug 2.3 0.4 -1.7 1.36 1.59 1124.00 Sep 91.9 377.8 8.2 AA/Stable

Taiwan 0.7 Aug 7.7 0.6 0.66 0.79 31.6 Sep 15.6 436.7 15.3 AA-/Stable

Thailand 3.5 Aug 3.1 0.3 1.13 2.30 35.7 Aug 22.1 180.5 10.0 BBB+/Stable

Brazil -3.8 Aug -5.2 9.0 13.6 11.2 3.22 Sep 45.6 370.4 74.3 BB/-ve

Chile 1.5 Aug 2.8 3.4 0.51 4.18 667.00 Sep 3.7 39.4 20.6 AA-/ Stable

Mexico 2.5 Jul -1.0 2.7 5.11 6.09 18.90 Aug -16.1 175.8 1.6 BBB+/-ve

South Africa 0.6 Jul 2.5 5.9 7.2 7.36 8.93 14.30 Aug -0.8 47.2 10.4 BBB-/-ve

India 7.1 Jul -2.4 5.0 3.7 6.37 6.82 66.6 Aug -93.9 372.0 6.9 BBB-/Stable

Note: Trade balance for last 12 months. FX Reserves at end of period.

*Per cent change of the major index in US$ terms between 31st December 2015 and October 12, 2016. **Foreign Currency Ratings by S&P.

For more Countrywise Indicators and Updates visit: http://www.ecofin-surge.co.in/publications.html

(%) (US$ bn.)

FX

Reserves

Economic & Financial Market Indicators for Major Global Economies

Growth Inflation Interest Rates External Sector

Global Economic Indicators

August 12-Oct

GDP Short-

term

Rate

Long-

term

Rate

Exchange

Rate

Trade BalanceIIP CPI PPI Share

Price

Growth*

Sovereign

Rating**

(% change on year ago)

3.2 3.1

3.4

3.6

2.82.9

3.3 3.3

2.62.3

3.8

4.2

2.2

2.4

2.6

2.8

3.0

3.2

3.4

3.6

3.8

4.0

4.2

2015 2016 2017 2018

World Output, Inflation & Trade (% change, IMF, WEO Database & Updates)

GDP Inflation Trade


23

S&P BSE

Sensex

(India)

DJI (US) S&P

500(US)

FTSE

100(UK)

NIKKEI

225 (Japan)

HSI

(HongKong)

STI

(Singapore)

IPC

(Mexico)

BOVESPA

(Brazil)

01-Sep-16 28,423.48 18,419.30 2,170.86 6,745.97 16,926.84 23,162.34 2,816.47 47,563.34 58,236.00

02-Sep-16 28,532.11 18,491.96 2,179.98 6,894.60 16,925.68 23,266.70 2,803.92 47,787.99 59,616.00

05-Sep-16 6,879.42 17,037.63 23,649.55 2,851.74 47,842.23 59,566.00

06-Sep-16 28,978.02 18,538.12 2,186.48 6,826.05 17,081.98 23,787.68 2,896.55 47,626.98 60,129.00

07-Sep-16 28,926.36 18,526.14 2,186.16 6,846.58 17,012.44 23,741.81 2,893.65 47,398.70

08-Sep-16 29,045.28 18,479.91 2,181.30 6,858.70 16,958.77 23,919.34 2,894.48 47,416.97 60,232.00

09-Sep-16 28,797.25 18,085.45 2,127.81 6,776.95 16,965.76 24,099.70 2,873.33 46,459.17 58,000.00

12-Sep-16 28,353.54 18,325.07 2,159.04 6,700.90 16,672.92 23,290.60 46,720.96 58,586.00

13-Sep-16 18,066.75 2,127.02 6,665.63 16,729.04 23,215.76 2,818.38 46,154.20 56,821.00

14-Sep-16 28,372.23 18,034.77 2,125.77 6,673.31 16,614.24 23,190.64 2,809.35 45,767.57 57,059.00

15-Sep-16 28,412.89 18,212.48 2,147.26 6,730.30 16,405.01 23,335.59 2,805.52 45,922.91 57,909.00

16-Sep-16 28,599.03 18,123.80 2,139.16 6,710.28 16,519.29 2,827.45 57,080.00

19-Sep-16 28,634.50 18,120.17 2,139.12 6,813.55 23,550.45 2,852.14 45,871.04 57,350.00

20-Sep-16 28,523.20 18,129.96 2,139.76 6,830.79 16,492.15 23,530.86 2,854.69 46,341.33 57,736.00

21-Sep-16 28,507.42 18,293.70 2,163.12 6,834.77 16,807.62 23,669.90 2,850.74 46,929.19 58,394.00

22-Sep-16 28,773.13 18,392.46 2,177.18 6,911.40 23,759.80 2,846.06 47,975.05 58,994.00

23-Sep-16 28,668.22 18,261.45 2,164.69 6,909.43 16,754.02 23,686.48 2,856.95 47,778.48 58,697.00

26-Sep-16 28,294.28 18,094.83 2,146.10 6,818.04 16,544.56 23,317.92 2,849.94 47,252.54 58,054.00

27-Sep-16 28,223.70 18,228.30 2,159.93 6,807.67 16,683.93 23,571.90 2,860.23 47,731.84 58,382.00

28-Sep-16 28,292.81 18,339.24 2,171.37 6,849.38 16,465.40 23,619.65 2,858.01 48,046.56 59,356.00

29-Sep-16 27,827.53 18,143.45 2,151.13 6,919.42 16,693.71 23,739.47 2,885.71 47,672.07 58,351.00

30-Sep-16 27,865.96 18,308.15 2,168.27 6,899.33 16,449.84 23,297.15 2,869.47 47,245.80 58,367.00

Closing Values

International Stock Index Movements vs S&P BSE Sensex (September-2016, with 1st Sep=100)

Global Stock Indices

Selected Indian & International Stock Indices

DJI (US) S&P 500 (US)FTSE 100(UK) NIKKEI 225 (Japan)

HSI (HongKong) STI (Singapore) IPC (Mexico) BOVESPA (Brazil)


24

Units Descriptor Jul-15 Aug-15 Sep-15 Jul-16 Aug-16 Sep-16

Index Number Fuel and Non-Fuel 114.79 104.24 103.48 102.62 102.54 102.16

Index Number Non-Fuel 135.35 130.17 127.77 135.39 132.68 130.50

Index Number Food 146.23 140.83 134.58 151.26 144.58 141.63

Index Number Agricultural Raw Materials 118.07 111.59 112.28 114.04 113.56 112.72

Index Number Industrial Inputs 121.08 116.01 117.10 117.50 118.28 116.42

Index Number Metals 123.25 119.20 120.58 120.01 121.68 119.10

Index Number Energy 102.76 89.06 89.26 83.45 84.91 85.58

Index Number Crude Oil 102.54 86.14 87.05 83.05 84.25 84.64

USD per Barrel Crude Oil, Brent 55.87 46.99 47.23 45.07 46.14 46.19

USD per Barrel Crude Oil Dubai Fateh 56.27 47.30 46.14 42.71 43.64 43.82

USD per Barrel Crude Oil WTI 51.16 42.86 45.48 44.89 44.75 45.17

USD per Million Metric British

Thermal UnitNatural Gas, H H, Louisiana 2.83 2.76 2.65 2.79 2.79 2.97

USD per Metric Ton Coal, Australian Thermal 63.35 62.76 58.66 66.74 72.19 78.11

USD per Metric Ton Aluminum 1639.50 1548.13 1589.60 1629.05 1639.28 1592.36

USD per Metric Ton Copper 5456.75 5127.30 5217.25 4864.90 4751.67 4722.20

USD per Metric Ton Zinc 2000.68 1807.64 1720.23 2183.25 2279.14 2292.31

US Cents per Metric Ton Iron Ore 51.50 55.38 56.43 56.57 60.47 56.67

US cents per Pound Rubber 74.37 64.43 59.51 80.50 74.98 72.78

US cents per Pound Cotton 72.35 71.82 68.74 81.06 80.26 77.86

USD per Metric Ton Palm oil 575.68 484.68 483.49 584.19 664.38 692.41

USD per Metric Ton Sunflower Oil 1069.26 980.25 981.68 975.11 981.94 989.05

USD per Metric Ton Soybean Oil 695.79 628.75 590.25 669.86 711.74 722.61

USD per Metric Ton Soybeans 372.35 347.02 323.55 390.40 370.32 355.90

US cents per Pound Sugar, European 25.87 25.95 25.54 21.87 21.81 21.85

US cents per Pound Sugar, Free Market 11.88 10.67 12.14 19.69 20.01 21.94

US cents per Pound Sugar, U.S. 24.67 24.50 24.43 28.15 28.54 27.95

US cents per Kg. Tea 403.03 387.33 371.21 280.12 275.92 297.97

US cents per Pound Coffee, Arabicas 153.29 158.78 147.65 172.35 170.34 178.07

USD per Metric Ton Rice, Bangkok 387.74 375.57 358.77 456.24 414.22 384.00

USD per Metric Ton Wheat, US 199.20 173.47 163.83 133.62 127.90 123.20

*Base 2005=100

Primary Commodity Indices*/ Prices

Global Commodity Prices

0 50 100 150 200

2015

2016

2017

2018

Observed & Projected Price Movements, IMF WEO Database Fuel and Non-Fuel Price Indices

Food Price Index includes Cereal, Vegetable

Oils, Meat, Seafood, Sugar, Bananas, and Oranges Industrial Inputs Price Index includes

Agricultural Raw Materials and Metals

Agricultural Raw Materials Index includes

Timber, Cotton, Wool, Rubber, and Hides PriceCrude Oil Index(Petroleum), Brent, West

Texas Intermediate, and the Dubai Fateh

Metals Price Index, Copper, Aluminum, Iron

Ore, Tin, Nickel, Zinc, Lead, and Uranium Price Indices


25

Following are the Highlights of RBI’s Fourth Bi-monthly Monetary Policy Statement, 2016-17

Policy Measures * Repo rate reduced by 25 basis points from 6.5% to 6.25%;, Reverse Repo stands adjusted at 5.75%; Bank rate and MSF rate at 6.75% * Cash reserve ratio or CRR unchanged at 4% *Continue to provide liquidity as required but progressively lower the average ex ante liquidity deficit in the system from one per cent of NDTL to a position closer to neutrality

Assessment Global growth has been slowing more than anticipated through 2016 so far, with weak investment and trade damping aggregate demand. Meanwhile, risks in the form of Brexit, banking stress in Europe, rebalancing of debt-fuelled growth in China, rising protectionism and diminishing confidence in monetary policy have slanted the outlook to the downside. World trade volume has contracted sharper than expected in the first half of 2016, and the outlook has worsened with the recent falling off of imports by advanced economies (AEs) from emerging market economies (EMEs). Inflation remains subdued in AEs and has started to edge down in EMEs. In India, the outlook for agricultural activity has brightened considerably; the first advance estimates of kharif foodgrains production for 2016-17 by the Ministry of Agriculture have been placed at a record level, and higher than the target set for the year. The industrial sector, by contrast, suffered a manufacturing-driven contraction in early fiscal year Q2, after a sequential deceleration in gross value added in Q1. Nonetheless, business expectations polled in the Reserve Bank’s industrial outlook survey and by other agencies remain expansionary in Q2 and Q3. The strong public investment in roads, railways and inland waterways, the recent efforts to unclog cash flows in large projects under arbitration, and the boost to spending from the 7th Pay Commission’s award, should improve the industrial outlook. In the services sector, the acceleration in the pace of activity in Q1 appears to have been sustained. An increasing number of high frequency indicators are moving into positive territory, construction is boosted by policy initiatives, and public administration, defence and other services will be supported by the pay commission award. In the external sector, merchandise exports contracted in the first two months of Q2. Subdued domestic demand was, however, reflected in a faster contraction in imports. Moreover, the still soft crude prices pared off a fifth of the oil import bill and gold import volume slumped to a fifth of its volume a year ago. Consequently, the merchandise trade deficit narrowed by US$10 billion in April-August on a year-on-year basis. the decline in remittances and the flattening of software earnings warrants monitoring. While the pace of foreign direct investment slowed compared to a year ago, portfolio flows were stronger after the Brexit vote, galvanised by a search for returns in an expanding universe of negative yields. The level of foreign exchange reserves rose to US$ 372 billion by September 30, 2016 – an all-time high. Retail inflation measured by the headline CPI had been elevated by a sharp pick-up in the momentum of food inflation overwhelming favourable base effects during April-July. In August, however, the momentum of food inflation turned negative and surprised expectations; consequently, base effects in that month came into full play and pulled down headline inflation to an intra-year low. Fuel inflation has moderated steadily through the year so far. Inflation excluding food and fuel (including petrol and diesel embedded in transportation) has been sticky around 5 per cent. Households reacted to the recent hardening of food inflation adaptively and raised their inflation expectations in the September 2016 round of the Reserve Bank’s inflation expectations survey of households. Input costs in the manufacturing sector, including staff costs, have firmed up slightly as evident in various surveys, but the presence of considerable slack has restrained their transmission into corporate pricing power. Liquidity conditions have remained comfortable in Q3, with the Reserve Bank absorbing liquidity on a net basis through variable rate reverse repo auctions of varying tenors. Liquidity was injected through open market purchases of ₹200 billion in line with the system’s requirements. As a result, the weighted average call money rate (WACR) remained tightly aligned with the policy repo rate and, in fact, traded with a soft bias. Interest rates on commercial paper (CPs) and certificates of deposit (CD) also eased.

Policy Stance and Rationale * 6-member Monetary Policy Committee (MPC) makes India’s first collective interest rate decision

*All MPC members voted in favour of rate cut * Growth forecast retained at 7.6% for the current fiscal *A normal monsoon and the 7th Pay Commission award likely to quicken growth momentum and add to inflationary pressure * Inflation target kept unchanged at 5% by March 2017 with upside risk *Govt has announced measures to cool food inflation, which opened up space for rate cut *Banks should cut lending rates as small savings rate has been lowered

*Uncertainty around US elections, crude prices, global demand


26

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E-UPDates—A Monthly Statistical Bulletin (Sample)

Economy & Finance

Transcript of E-UPDates—A Monthly Statistical Bulletin (Sample)