What are some of the key macro data that I need to know about while participating in the stock markets?
Answer
Answer
There are a lot of macro data points that are relevant for an investor in equities. However, we have captured a set of data points that are extremely critical. You cannot obviously use all of them but they are a good guide nevertheless.
I. GDP at Current prices (2011-12 prices) for 2018-19 (` crore)#
1,90,10,164
II. Gross Saving as a percent of Gross national Disposable Income at current market prices in 2017-18!
30.1
III. Gross Capital Formation as a per cent of GDP at current market prices in 2017-18!
32.3
IV. Monetary and Banking Indicators
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Cash Reserve Ratio (percent)
4.0
4.0
4.0
4.0
4.0
Repo Rate (percent)
6.50
6.25
6.25
6.00
6.00
Money Supply (M3) (₹ crore)
1,47,592
1,49,401
1,50,859
1,54,301
1,54,309
Aggregate Deposit (₹ crore)
1,19,865
1,21,212
1,22,262
1,25,310
1,24,986
Bank Credit (₹ crore)
93,317
94,035
95,537
96,451
96,226
V. Interest Rate
Call Money Rate (Weighted Average)
6.43
6.29
6.35
6.16
5.90
91-Day-Treasury Bill (Primary Yield)
6.60
6.40
6.31
6.40
6.19
Base rate (percent)
8.95/9.45
8.95/9.45
8.95/9.40
8.95/9.40
8.95/9.40
Term Deposit Rate > 1 year (Maximum)
6.25/7.50
6.25/7.50
6.25/7.50
6.25/7.50
6.25/7.50
VI. Capital Market Indicators (₹crore)
Equity Cash Turnover (BSE+NSE)
7,27,221
6,89,926
7,78,201
6,95,983
8,46,355
Market Cap-BSE
140,99,330
1,40,41,530
1,51,08,711
1,52,54,028
1,52,54,028
Market Cap-NSE
1,39,16,643
1,38,71,449
1,49,34,227
1,50,43,275
1,54,38,015
Net FPI Investment in Equity
-7,827
17,220
33,981
21,193
7,920
VII. Exchange Rate and Reserves
Forex Reserves (USD million)
3,98,178
3,99,217
4,11,905
4,18,515
4,21,868
Re/ Dollar
71.11
71.22
69.17
70.14
69.81
Re/Euro
80.50
80.75
77.7
78.1
77.7
Forward Premia of USD 6-month
4.11
4.16
4.16
4.28
3.93
VIII. Public Borrowing and Inflation
Govt. Market Borrowing-Gross (₹ Billion) 2018-19^
4,510
4,990
5,710
510
1,360
Wholesale Price Index (2011-12=100)
119.2
119.5
119.9
120.9
121.2
Consumer Price Index (2012 =100)
139.6
139.9
140.4
141.2
142.0
IX. Index of Industrial Production (y-o-y) percent (Base year 2011-12 = 100)
General
134.4
127.5
140.8
126.8
NA
Mining
119.1
112.5
132.7
107.8
NA
Manufacturing
135.5
129.2
140.3
126.6
NA
Electricity
150.9
137.9
160.1
162.9
NA
X. External Sector Indicators (USD million)
Exports
26,360
26,668
32,548
26,073
29,994
Imports
41,086
36,263
43,440
41,401
45,354
Trade Balance
-14,726
-9,595
-10,892
-15,327
-15,360