16Apr2019
MarketsforYou

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GlobalIndices
GlobalIndices 15‐Apr Prev_Day Abs.Change
%Change
#
DowJones 26,385 26,412 ‐28 ‐0.10
Nasdaq 7,976 7,984 ‐8 ‐0.10
FTSE 7,437 7,437 0 0.00
Nikkei 22,169 21,871 299 1.37
HangSeng 29,811 29,910 ‐99 ‐0.33
IndianIndices 15‐Apr Prev_Day Abs.Change
%Change
#
S&PBSESensex 38,906 38,767 139 0.36
Nifty50 11,690 11,643 47 0.40
Nifty100 11,856 11,808 49 0.41
NiftyBank 30,104 29,939 166 0.55
SGXNifty 11,746 11,694 52 0.44
S&PBSEPower 2,059 2,051 8 0.37
S&PBSESmallCap 15,115 15,022 93 0.62
S&PBSEHC 14,506 14,482 24 0.16
Date P/E Div.Yield P/E Div.Yield
15‐Apr 28.20 1.12 29.18 1.13
MonthAgo 28.15 1.13 28.01 1.18
YearAgo 23.53 1.14 26.01 1.22
Nifty50Top3Gainers
Company 15‐Apr Prev_Day
%Change
#
TataMotors 232 216 7.32
TCS 2113 2015 4.90
CoalIndia 250 241 3.82
Nifty50Top3Losers DomesticNews
Company 15‐Apr Prev_Day
%Change
#
Infosys 728 748 ‐2.71
BhartiInfratel 308 315 ‐1.97
SunPharma 459 465 ‐1.38
AdvanceDeclineRatio
BSE NSE
Advances 1454 1033
Declines 1141 767
Unchanged 205 117
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 60853
MFFlows** ‐267
*15
th
Apr2019;**12
th
Apr2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
2.86%
(Mar‐19)
4.28%
(Mar‐18)
IIP
0.10%
(Feb‐19)
6.90%
(Feb‐18)
GDP
6.60%
(Dec‐18)
7.70%
(Dec‐17)
16April2019
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPIfrom
2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
8.40%
(Oct‐18)
7.00%
(Sep‐18)
QuarterAgo
Inflow/Outflow
164
606
2.11%
(Dec‐18)
• Indian equity markets gained on the back of good earnings report by a
leading information technology company and the Indian Meteorological
Department forecasting near‐normal monsoon for 2019. Industrial output
and retail inflation data, released on Apr 12, 2019, increased investor
expectations for further policy easing by the Reserve Bank of India in
2019. Positive global cues also helped sentiment as U.S.‐China trade talks
seemed to go in the right direction.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.36% and
0.40%, respectively, to close at 38,905.84 and 11,690.35, respectively. S&P
BSE Mid‐Cap and S&P BSE Small Cap gained 0.49% and 0.62%,
respectively.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up
2.24%, followed by S&P BSE Realty, up 1.57%, and S&P BSE Auto, up
1.43%. S&P BSE Basic Materials gained 1.19% and S&P BSE Industrials
gained 0.89%. S&P BSE Oil & Gas was the major loser, down 0.42%,
followed by S&P BSE Energy, down 0.04%. These were the only two
sectors to lose.
• India’s Wholesale Price Index (WPI) ‐ based inflation accelerated for the
second consecutive month in Mar 2019. WPI rose to 3.18% in Mar 2019
from 2.93% in Feb 2019 and 2.74% in Mar 2018. Factors behind
acceleration in inflation is costlier food and fuel. Food articles inflation
hardened from 4.28% in Feb 2019 to 5.68% in Mar 2019 due to faster rise
in prices of vegetables. Fuel and power inflation also went up from 2.23%
in Feb 2019 to 5.41% in Mar 2019. However, manufactured products
inflation eased from 2.25% in Feb 2019 to 2.16% in the reported period.
• India’s trade deficit contracted to $10.89 Billion in Mar 2019 from
$13.51 Billion in Mar 2018 due to growth acceleration in exports. Exports
rose 11.02% YoY in Mar 2019 to $32.55 Billion while imports edged up
1.44% in Mar 2019 to $43.44 Billion. Non‐petroleum and Non Gems and
Jewellery exports went up 13.41% YoY to $25.59. Oil imports increased
5.55% to $11.75 Billion whereas non‐oil imports remained steady at
$31.69 Billion in the reported month.
• According to media news, public procurement worth Rs. 50,000 crore
could take place through Government e‐Marketplace (GeM) during 2019‐
20. GeM is the commerce ministry's online marketplace. In 2018‐19, GeM
touched the Rs. 17,325 crore mark in terms of value of transactions
compared with Rs. 5,885 crore in the previous financial year and Rs. 422
crore in 2016‐17. The ministry launched GeM on Aug 9, 2016, with the aim
of creating an open and transparent procurement platform for
government departments, ministries and agencies. The commerce
ministry said 2018‐19 has witnessed a multi‐fold increase in total value of
transactions on the portal and doubling of number of sellers at the
marketplace.
• According to media reports, Air India and SpiceJet are eyeing Jet
Airway’s flying rights to the lucrative India‐Dubai route. The two airlines
are said to have urged the Civil Aviation Ministry to allocate traffic rights
to them in case Jet Airways fails to utilize the weekly seat quota granted
by the government. Air India executive said fares on the India‐Dubai route
have increased following sudden withdrawal of nearly 13,000 seats
operated by Jet Airways on the sector.
• Jet Airways has said its services on overseas routes will stay grounded
until Apr 18, 2019. Jet’s lenders have failed to take a call on extending an
emergency funding to the airline.
• Asian equity markets ended mixed as investor sentiment was swayed by
further signs of a pick‐up in global growth and development in U.S.‐China
trade talks. U.S. Treasury Secretary’s comments went down well with
investors when he said a U.S.‐China trade deal would go "way beyond"
earlier efforts at opening Chinese markets to U.S. companies. Today (as of
Apr 16), Asian markets opened on a mixed note as U.S.‐Japan trade talks
started. While Nikkei was trading higher 0.27%, Hang Seng was down
0.25% (as at 8 a.m. IST).
• As per the last close, European markets mostly increased but buying
interest was somewhat subdued. Investors reacted to March quarter
earnings reports from couple of U.S. financial majors along with tracking
news on U.S.‐China trade talks.
• As per the last close, U.S markets fell modestly partly on decline in share
prices of a U.S. financial giant amid a negative reaction to its Mar 2019
quarter earnings news. Shares of another U.S. financial giant closed
slightly negative even though its reported earnings that exceeded market
forecast.
MarketsforYou
FIIDerivativeTradeStatistics 15‐Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 1991.62 2427.76 18252.50
IndexOptions 107258.48 106198.78 69323.45
StockFutures 10259.19 10673.33 88904.23
StockOptions 5904.29 6106.13 7365.06
Total 125413.58 125406.00 183845.24
15‐Apr Prev_Day Change
PutCallRatio(OI) 1.61 1.55 0.06
IndianDebtMarket
PutCallRatio(Vol) 0.97 0.93 0.04
15‐Apr Wk.Ago Mth.Ago YearAgo
CallRate 6.05% 5.98% 6.23% 5.86%
T‐Repo 5.93% 5.87% 6.22% NA
Repo 6.00% 6.00% 6.25% 6.00%
ReverseRepo 5.75% 5.75% 6.00% 5.75%
91DayT‐Bill 6.28% 6.18% 6.28% 6.05%
364DayT‐Bill 6.37% 6.30% 6.37% 6.47%
10YearGilt 7.39% 7.40% 7.34% 7.43%
G‐SecVol.(Rs.Cr) 29925 32708 43737 37876
CurrencyMarketUpdate
FBILMIBOR* 6.10% 6.04% 6.26% 6.00%
3MonthCPRate 7.00% 6.90% 7.50%
6.90%
5YearCorpBond 8.52% 8.44% 8.32% 8.12%
1MonthCDRate 6.88% 6.54% 7.18% 6.47%
3MonthCDRate 6.77% 6.58% 7.34% 6.67%
1YearCDRate 7.49% 7.05% 7.53% 7.30%
CommodityMarketUpdate
Currency 15‐Apr Prev_Day Change
USD/INR 69.23 69.32 ‐0.09
GBP/INR 90.62 90.56 0.06
EURO/INR 78.30 78.23 0.07
InternationalNews
JPY/INR 0.62 0.62 0.00
Commodity 15‐Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 63.38 64.32 58.46 67.30
BrentCrude($/bl) 71.54 71.76 66.10 73.62
Gold($/oz) 1288 1297 1301 1345
Gold(Rs./10gm) 31574 31930 31966 30874
Source:ThomsonReutersEikon
*Asonprevioustradingday
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
16April2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Apr 2019 Futures were at 11,727.75, a premium of 37.40 points,
above the spot closing of 11,690.35. The turnover on NSE’s Futures and
Options segment rose to Rs. 6,40,559.64 crore on Apr 15, 2019,
compared with Rs. 5,82,651.92 crore on Apr 12, 2019.
• The Put‐Call ratio stood at 0.88 compared with the previous session’s
close of 0.85.
• The Nifty Put‐Call ratio stood at 1.61 compared with the previous
session’s close of 1.55.
• Open interest on Nifty Futures stood at 17.35 million as against the
previous session’s close at 16.77 million.
• Bond yields eased on hopes of a normal monsoon, which also gave
comfort on the future inflation front. In addition, the country’s core
inflation dropped to 5.1% for Mar 2019 compared with 5.4% in the prior
month. These factors aided the demand for bonds.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) declined 2 bps
at 7.39% compared with the previous session’s close of 7.41% after
trading in a range of 7.39% to 7.41%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,996 crore (gross) on Apr 15, 2019, compared
with Rs. 6,128 crore (gross) as on Apr 12, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 35,191
crore on Apr 12, 2019.
• Banks borrowed Rs. 5 crore under the central bank’s Marginal Standing
Facility on Apr 12, 2019 compared with borrowings of Rs. 4,837 crore on
Apr 11, 2019.
• The India rupee declined against the dollar over rising greenback
demand from oil and other importers. In addition, crude oil prices over
the $71‐mark also weighed down on the local currency. The rupee closed
at 69.40 a dollar, down 0.35% compared with the previous close of 69.15.
• The euro surged against the greenback on optimism over U.S.‐China
trade discussions. The euro was last seen trading at 1.1312 a dollar, up
0.11% compared with the previous close of 1.1300.
• Gold prices slide on optimism over U.S.‐China trade talks, which lifted
the global stock market.
• Brent crude prices dropped more than 1% as concerns over the
commodity’s demand increased with poor economic growth outlook for
China.
• As per a University of Michigan report, U.S. consumer sentiment has
deteriorated by more than expected in Apr 2019. The preliminary report
showed the consumer sentiment index dropped to 96.9 in Apr from the
final Mar 2019 reading of 98.4.
• Statistical office figures showed euro zone's industrial production fell in
Feb 2019 after rising in Jan 2019. Industrial production fell 0.2% MoM in
Feb 2019, reversing a 1.9% rise in Jan 2019. The decline was less than
expectations. The latest decline was driven by 3.0% fall in energy
production, followed by a 0.4% decline in the output of durable consumer
goods and capital goods each and a 0.1% drop in manufacture of
intermediate goods. Meanwhile, non‐ durable consumer goods increased
0.9% in Feb.
MarketsforYou
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