Economic Research Department

Daily Data Wrap Issue No: 191

November 11, 2020
Issue No. 149 ‘Be the Bank of Choice for a
Transforming India’
DAILY TRACKER
COVID-19 Tracker (in Million)
Variable Unit 11-Nov-20 10-Nov-20 11-Nov-19
World - 51.94 | India - 8.64 | Maharashtra - 1.73 Call Rate (WAR) % 3.18 3.13 5.06
TREP Rate (WAR) % 2.93 3.00 4.99
ECONOMIC DEVELOPMENTS IRF Turnover (BSE+NSE) ₹ Bn 1.4210Nov 4.8209Nov 5.64
 The Union Cabinet approved Production-Linked Incentives (PLI) 10 yr G-sec (5.792030) % 5.92 5.91 6.57
worth up to ₹2 lakh crore for 10 manufacturing sectors. The 10 key Net Liquidity (O/S) ₹ Bn 5198.910Nov 4920.209Nov 2213.4
sectors that will get the benefit of production-linked incentive 10 yr Corp. Spread bps 61.07 61.07 128.34
include Advance Chemistry Cell (ACC) Battery, Electronic / ₹/$ ₹ 74.37 74.18 71.47
Technology Products, Automobiles & Auto Components, 1 yr NDF ₹ 77.30 77.22 74.63
Pharmaceuticals drugs, Telecom & Networking Products, Textile Sensex - 43594 43278 40345
Products: MMF segment and technical textiles , Food Products, Nifty - 12749 12631 11913
High Efficiency Solar PV Modules, White Goods (ACs & LED) and SBI Share Price ₹ 234 232 318
Specialty Steel. Net FII $ Mn 189.77 728.06 724.39
 The Cabinet Committee on Economic Affairs has Brent Crude $/bbl 45.1 43.6 62.2
approved Continuation and Revamping of the Scheme for Financial Gold $/oz 1877 1882 1456
Support to Public Private Partnerships (PPPs) in Infrastructure US 10yr G-sec % 0.975 0.960 1.942
Viability Gap Funding (VGF) Scheme till 2024-25 with a total outlay Dollar Index - 92.92 92.75 98.20
of ₹8,100 crore. WEEKLY/FORTNIGHTLY TRACKER
 The Reserve Bank of New Zealand expanded its monetary stimulus Weekly Variable Unit 30-Oct-20 23-Oct-20 01-Nov-19
and retained its interest rate as the economic shock caused by the
Forex Reserve $ Bn 560.7 560.5 446.1
pandemic is set to remain for a prolonged period. The Monetary
G Sec Borrowings (YTD) ₹ Bn 8530 8220 4900
Policy Committee decided to begin a Funding for Lending Pro-
gramme in December in order to reduce banks' funding costs and SDL Borrowings (YTD) ₹ Bn 4278 4101 2856
lower interest rates. The committee also decided to continue with WMA Central ₹ Bn - - 619.2
the asset purchase programme up to NZ$100 billion and to main- WMA State ₹ Bn 41.9 646.3 40.3
tain the official cash rate at 0.25%. Fortnightly Variable Unit 23-Oct-20 09-Oct-20 25-Oct-19
 The ZEW Indicator of Economic Sentiment, gauging German eco- M3 % YoY 11.6 12.1 10.6
nomic confidence plummeted more-than-expected 17.1 to 39.0 ASCB Deposits % YoY 10.1 10.5 10.3
points in November from 56.1 in October as financial experts were ASCB Credit % YoY 5.1 5.7 8.9
concerned about the economic impact of the second wave of Incremental C-D Ratio % 72.34 72.32 75.82
Covid-19. MONTHLY TRACKER
 The Society of Indian Automobile Manufacturers (SIAM), the Variable Unit Oct-20 Sep-20 Oct-19
official association of automakers in the country, released the Repo Rate % 4.009Oct20 4.006Aug20 5.1504Oct19
sales figures for cars, bikes and passenger vehicles for Oct’20. SBI 1-Yr MCLR % 7.0010Nov20 7.0010Oct20 8.0010Nov19
Compared to the same month last year, sales of two-wheelers CPI-Combined % YoY 7.37(SBI) 7.34 4.62
were up 17%, passenger vehicles by 14%, while three-wheelers Core CPI % YoY 5.60(SBI) 5.67 3.47
were down by 61%. The increased trend in overall passenger
WPI % YoY 1.69(SBI) 1.32 0.0
vehicle sales which started in Aug’20 has sustained. (Refer theme)
IIP % YoY -1.4Sep20(SBI) -8.0Aug -4.6Sep19
MARKET DEVELOPMENTS
SBI Index Yearly - 53.0 52.1 49.8
 Sensex, Nifty saw a volatile trading session today but managed to $ Bn 24.8(P) 27.6 26.2
close with gains, taking their rally to the eight day. S&P BSE Exports
% YoY -5.4(P) 6.0 -1.7
Sensex closed at 43,593 points while Nifty closed at 12,749 led by $ Bn 33.6(P) 30.3 38.0
gains in metal and pharma stocks. Imports
% YoY -11.5(P) -19.6 -15
 Rupee declined 19 paise to close at ₹74.37 against the US dollar on
Trade Balance $ Bn -8.8(P) -2.7 -11.8
Wednesday, tracking strengthening American currency in the
overseas market and higher crude prices. However, a strong rally FDI (Net) $ Mn 17800Aug20 3156Jul20 1851Aug19
in domestic equities and unabated foreign fund inflows restricted Life Insu. Pre. (New) % YTD 3.13 -0.8 31.84
the slide of the domestic unit. AUM of MFs ₹ Bn 28229 26860 26328
 Net FII inflow today was $189.77 million (equity inflow: $191.80
US Non-Farm Payroll ‘000 638 672 152
million, debt outflow: $24.75 million, debt VVR inflow: $32.44
million and hybrid outflow: $9.72 million). Total FII outflow for the QUARTERLY TRACKER
calendar year is $1.34 billion. Variable Unit Q1 FY21 Q4 FY20 Q1 FY20
GDP Growth % -23.9 3.1 5.2
THEME OF THE DAY: SIAM DOMESTIC PASSENGER VEHICLE SALES CAD % GDP 3.9 0.1 -2.1
(WHOLESALE) OMOs ₹ Bn -27.7Q2FY21 0Q1FY21 0Q2FY20
Capacity Utilisation % 47.3 69.9 73.6
300000
Gross NPA % 8.5Mar’20 9.3Sep’19 9.3Mar’19
250000
CRAR % 14.8 Mar’20 15.0 Sep’19 14.3 Mar’19
ANNUAL TRACKER
200000 Variable Unit FY21 FY20 FY19
GDP Growth % YoY -10.9(SBI) 4.2 6.1
150000
Agri. & Allied % YoY 4.2(SBI) 4.0 2.4
100000 Industry % YoY -13.0(SBI) 0.9 4.9
Services % YoY -8.1(SBI) 5.5 7.7
50000 CAD % GDP 0.8(SBI) -0.9 -2.1
0
Fiscal Deficit % GDP 9.3(SBI) 4.6(CGA) 3.4
May June July August September October Global Growth (IMF) % YoY 5.22021 -4.4 2020 2.8 2019
2019 2020
EMEs Growth (IMF) % YoY 6.02021 -3.3 2020 3.7 2019