India’s Leading BFSI Companies 2020

XXXIII Sectoral Indices BSE Sectoral indices annual returns Among the select sectoral indices at NSE, Nifty Bank Index gained the most (25.4%) followed by Nifty IT Index (24.9%), Nifty Financial Services Index (22.9%), Nifty FMCG (16.1%), Nifty PSU Bank Index (16.0%), and Nifty Pharma Index (11.8%). On the other hand, NSE’s Nifty Media Index declined by 24.0% during fiscal 2019. -30 -20 -10 0 10 20 30 BANKEX BSE IT BSE Healthcare Power BSE Metal BSE FMCG BSE Auto BSE Oil & Gas BSE Real Estate Market capitalization Total Market Capitalization 13.2 13.6 14 14.4 14.8 15.2 NSE BSE ` lakh cr Mar-31-2018 Mar-31-2019 The total market capitalisation at BSE and NSE increased by 6.2% and 6.3% respectively to ` 151.1 lakh cr and ` 149.3 lakh cr as at the end of 2018-19. The free float market capitalisation as a percentage of total market capitalisation at BSE and NSE stood at 47.0% and 46.9%, respectively, at the end of March 2019. Market Indicators Market capitalization-to-GDP ratio The market capitalization-to-GDP ratio is a common metric of measuring whether the stock market is undervalued or overvalued. It is probably the best single measure of where valuations stand at any given moment. The BSE’s market capitalisation to GDP ratio decreased from83.2% in fiscal 2018 to 79.5% in fiscal 2019. Similarly, the NSE ratio also decreased from 82.2% in fiscal 2018 to 78.6% in fiscal 2019. Year BSE Market Cap. To GDP NSE Market Cap. To GDP Total turnover to GDP ratio Cash Segment Equity Derivative Segment FY 2018 83.2 82.2 48.7 965.1 FY 2019 79.5 78.6 45.9 1249.9 Price to Earnings Ratio The Price-to-earnings ratio (P/E) is a useful metric for evaluating the relative attractiveness of a company’s stock price compared to the current earnings of a firm. As on March 31, 2019, BSE S&P Sensex and NIFTY 50’s P/E ratios were 28.0 and 29.0, respectively as compared to 22.7 and 24.7, respectively on March 31, 2018. Dun & Bradstreet