India’s Leading BFSI and FinTech Companies 2021
30 Sector-wise Resource Mobilization In terms of sectors, 74 private-sector issues and two public- sector issues were mobilized through primary market in FY20, as against 129 private-sector and four public-sector issues in FY19. Private sector issues mobilized ` 758.5 bn, accounting for 98.6% of the total resource mobilisation in FY20 as compared with 91.9% in FY19. Source: SEBI Industry-wise resource mobilization Industry-wise, the Telecom sector raised 64.9% of the resources mobilized during FY20, followed by Finance (13.6%). During FY19, the Financial sector had the biggest share at 36%. 13% 6% 6% 4% 0% 2% 6% 36% 4% 9% 1% 1% 7% 5% FY19 Automobiles Banks/FI s Cement/Construction Chemical Consumer Services Electronic Equipment/Products Engineeri ng Finance Food Processing Hotels Info Tech Roads & Hi ghways Texti le Miscel laneous 3% 5% 3% 14% 0% 6% 1% 1% 65% 2% FY20 Banks/FI s Electronic Equipment/Products Engineeri ng Finance Food Processing Healthcare Info Tech Plastic Telecom Miscel laneous Secondary Securities Market Equity Markets For the first three quarters of FY20, Indian stock markets posted a healthy performance with both S&P BSE Sensex and Nifty 50 touching their respective all-time highs in January 2020. However, the outbreak of the pandemic triggered a panic sell-off across equity markets across the globe. The Indianmarkets also logged a steep fall, with both the Sensex and Nifty 50 dropping to their lowest points on March 24, 2020. Amid heightened risk, within the month of March 2020 itself, Foreign Portfolio Investors (FPIs) withdrew ` 1182 bn from the Indian securities market. For the full year FY20, both the leading equity bluechip indices Sensex and Nifty recorded negative growth – while Sensex dropped 23.8%, Nifty erased 26% during the year. Market capitalization of - 100.0 200.0 300.0 400.0 500.0 600.0 700.0 800.0 FY19 FY20 Resource Mobilisation ( ` bn) Sector-Wise Resource Mobilization ( ` bn) Private Public -30 -25 -20 -15 -10 -5 0 5 10 15 20 Nifty 50 Nifty 100 Nifty 500 S&P BSE Sensex S&P BSE 100 S&P BSE 500 Performance of major stock indices (%) FY19 FY20 Source: SEBI Dun & Bradstreet
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