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8.1: Financial Markets- Key Indicators (Monthly)
Particualrs   March
2024
February
2024
January
2024
Fiscal Year so far (2023-24) Full Fiscal Year
2022-23 2021-22 2020-21
A Money Market                  
1 Call Money Total Turnover Rs crore 177517 202993 226997 2350295 2682122 1901917 2336705
    Wtd Avg Daily Rate  % 6.54 6.63 6.76 6.63 5.44 3.26 3.44
    Range of Wtd Avg Rates % 5.00-6.90 5.00-6.95 5.00-6.90 4.00-7.00 2.00-8.10 1.50-4.65 0.40-5.25
2 CBLO Total Turnover Rs crore 5956090 6843611 7480514 79433560 93272207 81041128 55568787
    Wtd Avg Daily Rate % 6.53 6.53 6.74 6.60 3.37 3.31 3.06
    Range of Wtd Avg Rates % 5.00-7.26 6.05-6.96 5.75-7.05 4.00-7.26 2.11-7.43 0.50-4.90 0.05-5.00
3 Market Repo Total Turnover Rs crore 3090166 3270325 3008793 38125065 33703068 25387864 22295604
    Wtd Avg Daily Rate % 6.60 6.61 6.78 6.61 5.45 3.32 3.04
    Range of Wtd Avg Rates % 0.01-7.75 0.01-7.65 0.01-7.40 0.01-7.80 0.01-8.00 0.01-4.80 0.01-5.22
4 Liquidity Adjustment Facility of RBI  Repo Average (Injection) Rs crore 0 0 0 0 0 0 500
    Reverse Repo Average (Absorption) Rs crore 0 0 0 0 179830 218871 412769
    MSF Average Rs crore 18517 14946 40297 33636 3496 621 538
  Net Injection (+)/ Absorption (-) of Liquidity by RBI # Rs crore -176251 -32472 -35869 -176251 -197828 -398948 -495596
5 Major Policy Rates @ Repo Rate % 6.50 6.50 6.50 6.5 6.50 4.00 4.00
    Reverse Repo rate % 3.35 3.35 3.35 3.35 3.35 3.35 3.35
    Bank's Base Rate % 9.10/10.25 9.10/10.25 9.10/10.25 9.10/10.25 8.65/10.10 7.25/8.80 7.40/8.80
    Bank's Deposit Rate >1 year % 6.50/7.25 6.50/7.25 6.50/7.25 6.50/7.25 6.00/7.25 5.00/5.60 4.90/5.50
B Forex Market                  
    Settlement Volume  US $ Bn   787 774 8840 9852 8009 6602
    INR-USD Reference Rate @   83.37 82.92 83.08 83.37 82.22 75.81 73.50
  Currency Derivatives Turnover @@ Total Turnover (All Exchanges) Rs crore 2953886 2615530 3330456 37723542 44590099 27718658 17622297
C Government Securities Market                   
1 Dated Securities                
  Primary Issues Gross Amount* Rs crore   102000 135000 182972 182972 264604 153802
    Weighted Average Yield %   7.09 7.27 6.10 6.10 6.28 6.07
  Secondary Market Transactions                
    Outright Trades * Rs crore 709551 1024573 895536 2856415 2146864 1464911 993968
    Yield to Maturity  % 7.12 7.11 7.20 6.28 6.01 6.06 5.94
2 Treasury Bills (TBs)                  
  Primary Issues                
  91-Day TBs Amount Accepted Rs crore 39959 35886 39951 287547 247587 166075 88932
    Wtd Avg Cut-off Rate % 6.92 7.01 6.98 4.59 4.21 3.60 3.67
  182-Day TBs Amount Accepted Rs crore 63099 51611 53502 335514 272415 149217 92119
    Wtd Avg Cut-off Rate % 7.14 7.17 7.17 5.37 4.96 3.83 3.72
  364-Day TBs Amount Accepted Rs crore 37329 36879 49096 258854 221525 114464 83937
    Wtd Avg Cut-off Rate % 7.09 7.13 7.15 5.58 5.32 4.11 3.91
  Secondary Market Transactions                
  91-Day TBs Face Value Rs crore 64433 41685 47826 266772 202339 117615 72709
    Yield to Maturity % 6.90 6.92 6.92 5.06 4.48 3.50 3.51
  182-Day TBs Face Value Rs crore 51003 53179 48107 297639 246636 122039 97084
    Yield to Maturity % 7.01 7.04 7.02 5.33 4.99 3.74 3.63
  364-Day TBs Face Value Rs crore 29957 37443 49945 233258 203301 128278 148915
    Yield to Maturity % 6.95 6.99 6.97 5.07 4.80 3.79 3.62
D Capital Market                  
1 Primary Market ^ IPOs Rs crore 3829 7684 3419 67955 54773 112553 31030
2 Key Benchmark Indicators @                  
  BSE Sensex  Base : 1978-79 = 100   73651 72500 71752 73651 58992 58569 49509
  NSE Nifty Base : November 13 ,1995 = 1000   22327 21983 21726 22327 17360 17465 14691
  India VIX ^^     12.83 15.57 16.05 12.83 12.94 20.56 20.65
3 Secondary Market Turnover                  
  NSE Cash Rs crore 1857039 2457671 2491181 20103439 13305073 16566257 15397908
    Derivatives Rs crore 721837071 859455375 885967633 7992767152 3822326468 1695233134 643618108
  BSE Cash Rs crore 172359 221064 215850 1629038 1028865 1338225 1045090
    Derivatives Rs crore 151944808 155255756 126444466 802835384 34315313 66078328 35060169
4 FII Investments in Debt, Equity, Hybrid $ and Debt-VRR $$ Purchases Rs crore 461928 372756 362728 3617497 2342194 2387376 2320289
    Sales Rs crore 409932 340939 369322 3278432 2383131 2509616 2053189
    Net Investment Rs crore 51996 31817 -6593 339065 -40937 -122240 267100
  Net Investment  US $ mn 6276 3834 -791 41044 -5510 -16018 36180
  Net Investment in Equities US $ mn 4240 186 -3096 25273 -5114 -18468 37028
5 Mutual Funds Investments in Debt and Equity Purchases Rs crore 412189 387853 398290 3590382 2831988 2892932 2416332
  Sales Rs crore 419833 419856 396921 3585428 2707823 2612809 2308763
  Net Investment Rs crore -7644 -32003 1369 4955 124166 280122 107568
  Net Investment in Equities Rs crore 44233 14295 23011 200732 182055 181688 -120732
E Corporate Bonds Market                  
      Rs crore 134162 129662 116489 1373394 1357110 1311561 1488250
Note: 1. @ : Base rate relates to 5 major banks since 1 July 2010, deposit rate relates to major banks for term deposits of more than one year maturity.  
  2. @@ : From 29 October 2010, currency options trading began on the domestic stock exchanges. BSE began trading in currency derivatives from November 2013.  
  3. # : MSF introduced on 3 May 2011. Avearges for only active traded days have been considered.  4. ^ : Closing value at the end of the period.  
  5. ## : Through all liquidity operations by RBI, at the end of the period.  6. $ : Dec. 2017 onwards, FII Investments include investments of 'Hybrid' category.  
  7. ^^ : Is a volatility index based on the index option prices of NSE Nifty. 8. * : Excludes SDLs, MSS and OMO.  
  9. $$ : January 2020 onwards, FII Investments include investments of 'Debt-VRR' category.  
Source: RBI, SEBI, CCIL, BSE, NSE, MCX-SX websites and related publications, Compiled by EPWRF.            
Our online database `EPWRF India Time Series’, covers as many as 37 vital statistics on the Indian economy.
These statistics can be accessed through our website http://www.epwrfits.in.