Global Indices
Global Indices 22-Apr Prev_Day Abs. Change
% Change
#
Dow Jones 26,511 26,560 -48 -0.18
Nasdaq 8,015 7,998 17 0.22
FTSE Closed 7,460 NA NA
Nikkei 22,218 22,201 17 0.08
Hang Seng Closed 29,963 NA NA
Indian Indices 22-Apr Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,645 39,140 -495 -1.26
Nifty 50 11,594 11,753 -158 -1.35
Nifty 100 11,746 11,913 -167 -1.41
Nifty Bank 29,688 30,223 -535 -1.77
SGX Nifty 11,612 11,771 -159 -1.35
S&P BSE Power 2,020 2,033 -14 -0.67
S&P BSE Small Cap 14,804 15,021 -217 -1.44
S&P BSE HC 14,308 14,481 -173 -1.19
Date P/E Div. Yield P/E Div. Yield
22-Apr 27.83 1.15 28.94 1.14
Month Ago 27.68 1.15 28.08 1.18
Year Ago 23.59 1.14 26.22 1.21
Nifty 50 Top 3 Gainers
Company 22-Apr Prev_Day
% Change
#
Wipro 288 285 1.21
Bharti Airtel 349 347 0.71
Tech Mahindra 805 800 0.62
Nifty 50 Top 3 Losers Domestic News
Company 22-Apr Prev_Day
% Change
#
Indiabulls HFC 734 801 -8.32
Yes Bank 238 256 -6.82
BPCL 340 363 -6.28
Advance Decline Ratio
BSE NSE
Advances 714 418
Declines 1799 1418
Unchanged 184 113
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 63334
MF Flows** 117
*22
nd
Apr 2019; **16
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)
23 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
-2
1085
2.11%
(Dec-18)
• Indian equity markets fell, witnessing the worse session of 2019 so far,
as investors became concerned over a falling rupee and rising crude oil
prices. The rupee fell to a one-month low and crude oil prices were at near
six-month highs. Crude oil gained after media reports said that the U.S.
could further tighten sanctions against Iran over oil imports. U.S. had
allowed big importers of Iranian oil, including India and China, some
leeway from the sanctions against the Gulf country. But now U.S. could
ask them to stop importing from Iran or face U.S. sanctions.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.26% and
1.35%, respectively, to close at 38,645.18 and 11,594.45, respectively. S&P
BSE Mid-Cap and S&P BSE Small Cap lost 1.53% and 1.44%, respectively.
• The overall market breadth on BSE was weak with 714 scrips advancing
and 1799 scrips declining. A total of 184 scrips remained unchanged.
• On the BSE sectoral front, only two sectors managed to gain. S&P BSE IT
was the major gainer, up 0.58%, followed by S&P BSE Teck, up 0.46%. S&P
BSE Oil & Gas was the major loser, down 3.2%.
• The Reserve Bank of India (RBI) may soon start discussions to stop from
the convention of reducing key policy rate by 25 basis points or multiples
thereof, say media reports. The discussions will be held with stakeholders
like lenders, domain experts and within the central bank. "There is a need
to consider interest rate adjustments, not necessarily in the conventional
way of 25 bps or multiples thereof. This idea needs further debate and
discussion," RBI governor had told the Monetary Policy Committee earlier
this month. RBI could seek comments from banks on their views and
reasons of holding that view with empirical evidence.
• According to a foreign brokerage, the committee on the appropriate
capital reserves for the Reserve Bank of India (RBI) could identify an excess
buffer of up to Rs. 3 lakh crore. The panel is headed by a former RBI
governor. The buffer will include the excess capital in contingency
reserves and revaluation reserves, the report said. Till Sep 2018, the
excess capital with the central bank stood at Rs. 9.6 lakh crore. This
includes the excess capital in contingency reserves and also revaluation
reserves.
• As per media reports, forensic audit of more than 200 companies facing
corporate insolvency resolution action under the Insolvency and
Bankruptcy Code (IBC) has thrown irregularities of more than Rs. 1 lakh
crore, which may also include possible diversion of funds. The
implementation authority of IBC, the ministry of corporate affairs, is
expected to initiate action against the promoters, directors and even
auditors in some cases.
• According to a B2B metal e-commerce company, India's coal import
increased 8.8% to 233.56 million tonne in 2018-19. Coal imports were at
214.61 million tonne in 2017-18, according to provisional data by the
company, which is joint venture between a leading private sector
company and a public sector behemoth. The data is based on monitoring
of vessels' positions and data received from shipping companies.
Markets for You
• Asian equity markets were mixed as investors stayed on the sidelines
because of absence of any major positive triggers and some of the
markets being closed for Easter Monday. Investors took stock of recent
data indicating global growth could be stabilising. However, rise in crude
oil prices came in as a dampener. Media reports said the U.S. could ask all
importers of Iranian oil to end their purchases or face sanctions. Today (as
of Apr 23), Asian markets opened lower as investors were cautious ahead
of the release of earnings from major corporates. Both Nikkei and Hang
Seng were trading down 0.41% and 0.60%, respectively (as at 8.a.m. IST).
• European markets remained closed on Apr 22 on account of Easter
Monday holiday.
• As per the last close, U.S markets closed mixed as traders seemed
reluctant to make any significant moves ahead of the release of a slew of
earnings from big corporates. However, sharp increase in crude oil prices
boosted the energy sector.
FII Derivative Trade Statistics 22-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 4988.98 3781.52 21957.27
Index Options 339476.04 337358.60 70842.83
Stock Futures 13411.11 13428.60 90727.40
Stock Options 8998.15 9207.60 8949.39
Total 366874.28 363776.32 192476.89
22-Apr Prev_Day
Change
Put Call Ratio (OI) 1.35 1.58 -0.22
Indian Debt Market
Put Call Ratio(Vol) 0.83 0.98 -0.15
22-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 6.15% 6.05% 6.19% 5.97%
T-Repo 6.08% 5.93% 6.14% NA
Repo 6.00% 6.00% 6.25% 6.00%
Reverse Repo 5.75% 5.75% 6.00% 5.75%
91 Day T-Bill 6.32% 6.28% 6.25% 6.13%
364 Day T-Bill 6.42% 6.37% 6.38% 6.00%
10 Year Gilt 7.47% 7.39% 7.34% 7.72%
G-Sec Vol. (Rs.Cr) 25783 29925 38231 43122
Currency Market Update
FBIL MIBOR* 6.10% 6.05% 6.30% 6.00%
3 Month CP Rate 7.50% 7.00% 7.50% 7.05%
5 Year Corp Bond 8.63% 8.52% 8.40% 8.42%
1 Month CD Rate 6.95% 6.88% 8.00% 6.56%
3 Month CD Rate 7.14% 6.77% 7.36% 6.79%
1 Year CD Rate 7.49% 7.49% 7.73% 7.43%
Commodity Market Update
Currency 22-Apr Prev_Day
Change
USD/INR 69.74 69.42 0.32
GBP/INR 90.64 90.55 0.08
EURO/INR 78.41 78.43 -0.03
International News
JPY/INR 0.62 0.62 0.00
Commodity 22-Apr Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 65.61 63.38 58.82 68.21
Brent Crude($/bl) Closed 71.54 66.73 75.36
Gold( $/oz) 1275 1288 1313 1335
Gold(Rs./10 gm) 31560 31574 32007 31298
Source: Thomson Reuters Eikon
*As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
23 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 11,618.90, a premium of 24.45 points,
above the spot closing of 11,594.45. The turnover on NSE’s Futures and
Options segment declined to Rs. 8,47,297.92 crore on Apr 22, 2019,
compared with Rs. 21,63,258.86 crore on Apr 18, 2019.
• The Put-Call ratio stood at 0.84 compared with the previous session’s
close of 0.88.
• The Nifty Put-Call ratio stood at 1.35 compared with the previous
session’s close of 1.58.
• India VIX increased 6.15% to 24.1350 compared with 22.7350 at the
previous trading session.
• Open interest on Nifty Futures stood at 18.62 million as against the
previous session’s close at 18.42 million.
• Bond yields rose tracking surge in crude oil prices, which escalated
concerns over widening current account deficit. Besides, depreciation in
the local currency also weighed down on the bond market sentiment.
• Yield on the 10-year benchmark paper (7.26% GS 2029) rose 5 bps to
7.47% compared with the previous session’s close of 7.42% after trading
in a range of 7.45% to 7.50%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 28,082 crore (gross) on Apr 22, 2019, compared
with Rs. 12,450 crore (gross) as on Apr 18, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 9,813
crore on Apr 18, 2019.
• Banks borrowed Rs. 308 crore under the central bank’s Marginal
Standing Facility on Apr 18, 2019 compared with borrowings of Rs. 1,615
crore on Apr 16, 2019.
• The India rupee depreciated against the dollar tracking rise in crude oil
prices, which raised concerns over outflow from local assets. The rupee
closed at 69.67 a dollar, down 0.45% compared with the previous close of
69.36.
• The euro was nearly flat as dollar firmed following strong U.S. economic
data. The single currency was also impacted by the data on German
manufacturing activity, which showed a decline for the fourth straight
month in Apr 2019.
• Gold prices rose as increased tensions between U.S. and Iran improved
the safe haven appeal of the bullion. U.S. is reportedly expected to
announce ban of Iranian oil imports worldwide.
• Brent crude remained closed.
• A report from the Commerce Department showed that U.S. housing
starts fell 0.3% to an annual rate of 1.139 million in Mar 2019 from the
revised estimate of 1.142 million (1.162 million originally reported) in Feb
2019. Building permits also fell 1.7% to an annual rate of 1.269 million in
Mar 2019 as against the revised rate of 1.291 million in Feb 2019.
• A report from Turkish Statistical Institute showed that Turkey’s
consumer confidence index grew to 63.5 in Apr 2019 as against 59.4 in
Mar 2019. This marked the highest reading since Aug 2018.
Markets for You
