Global Indices
Global Indices 29-Apr Prev_Day Abs. Change
% Change
#
Dow Jones 26,554 26,543 11 0.04
Nasdaq 8,162 8,146 15 0.19
FTSE 7,441 7,428 12 0.17
Nikkei Closed 22,259 NA NA
Hang Seng 29,893 29,605 288 0.97
Indian Indices 26-Apr Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 39,067 38,731 336 0.87
Nifty 50 11,755 11,642 113 0.97
Nifty 100 11,887 11,787 99 0.84
Nifty Bank 30,014 29,561 452 1.53
SGX Nifty 11,820 11,643 177 1.52
S&P BSE Power 1,995 1,999 -4 -0.21
S&P BSE Small Cap 14,813 14,839 -25 -0.17
S&P BSE HC 14,465 14,441 23 0.16
Date P/E Div. Yield P/E Div. Yield
26-Apr 27.91 1.18 29.34 1.12
Month Ago 27.73 1.14 28.15 1.18
Year Ago 23.53 1.14 26.36 1.21
Nifty 50 Top 3 Gainers
Company 26-Apr Prev_Day
% Change
#
Tata Steel 545 511 6.75
BPCL 371 358 3.57
GAIL 353 343 3.00
Nifty 50 Top 3 Losers Domestic News
Company 26-Apr Prev_Day
% Change
#
Tata Motors 216 222 -2.82
Bajaj Auto 3045 3088 -1.41
Grasim Indus 913 925 -1.23
Advance Decline Ratio
BSE NSE
Advances 1077 736
Declines 1451 1053
Unchanged 148 121
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 67970
MF Flows** -4506
*26
th
Apr 2019; **25
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)
30 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
-4562
3855
2.11%
(Dec-18)
• Indian equity markets gained on the last day of the week. The main
reasons behind the rise were softening of crude oil prices and a stronger
rupee. Investors were also buoyed by upbeat earnings of some metal and
financial sector majors. The week had seen investors fret over rise in crude
oil prices and a weak rupee as these exert pressure on the country’s
inflation. The worries were eased to some extent as the week ended.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.87% and
0.97%, respectively, to close at 39,067.33 and 11,754.65, respectively. S&P
BSE Mid-Cap and S&P BSE Small Cap lost 0.44% and 0.17%, respectively.
• The overall market breadth on BSE was weak with 1077 scrips advancing
and 1451 scrips declining. A total of 148 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up
1.92%, followed by S&P BSE Bankex, up 1.53%, and S&P BSE Oil & Gas, up
1.23%. S&P BSE Information Technology and S&P BSE Energy gained 1.2%
and 1.05%, respectively.
• As per data from the Reserve bank of India, Bank credit has increased
14.19% to Rs. 96.45 lakh crore and deposits grew 10.60% to Rs. 125.30
lakh crore in the fortnight ended Apr 12, 2019. During the same time a
year ago, deposits were at Rs. 113.29 lakh crore and advances stood at Rs.
84.46 lakh crore. In the fiscal ended Mar 2019, bank credit rose 13.24%
and deposits rose 10.03%.
• According to a report by the World Economic Forum, India may have a
huge consumer demand by 2030 following increased incomes and a billion
diverse internet users. The report mentions that rise in income will
upgrade the Indian economy from a bottom-of-the-pyramid economy to a
middle-class led one as consumer expenditure might increase from $1.5
trillion to around $6 trillion by 2030. The report also mentioned that India
will uplift around 25 million households out of poverty and reduce the
share of households below the poverty line from 15% to 5%.
• According to a major credit rating company, state-owned oil marketing
companies may see some risk in the near to medium term. This is because
the government has asked to increase shareholder returns by paying
second interim dividend and undertake share buyback.
• According to a report from U.S., the country has placed India on its
priority watchlist claiming lack of “sufficient measurable improvements”
to its intellectual property (IP) framework. India has taken steps to address
intellectual property challenges and promote IP protection and
enforcement in last one year. However, these measures have not given
adequate benefits for innovators and creators, and long-standing
deficiencies persist
Markets for You
• Asian equity markets were mixed because of a mixed set of corporate
earnings reports and falling oil prices. This even overshadowed upbeat
U.S. GDP data and growing optimism over a possible U.S.-China trade deal.
U.S. Treasury Secretary told the media that both sides are “getting into
the final laps” of their negotiations. Today (as of Apr 30), Asian markets
opened lower after reports showed losses by a major electronic company
and less than expected growth in China’s manufacturing activity in Apr
2019. Nikkei was closed while Hang Seng fell 0.31% (as at 8.a.m. IST).
• As per the last close, European markets closed higher as investors
resorted to bargain hunting after Eurozone economic sentiment
weakened for a tenth straight month in Apr 2019.
• As per the last close, U.S markets stood in the sidelines as investors
were reluctant to make any significant moves ahead of the announcement
of the U.S. Federal Reserve's monetary policy decision due on May 1.
Investors were also cautious ahead of the release of U.S. jobs data on May
3 and major corporate earnings.
FII Derivative Trade Statistics 26-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 9894.87 9742.97 20337.05
Index Options 386988.97 387497.30 45118.16
Stock Futures 27036.56 26457.86 81960.55
Stock Options 4847.81 4480.15 1507.26
Total 428768.21 428178.28 148923.02
26-Apr Prev_Day
Change
Put Call Ratio (OI) 1.63 1.36 0.26
Indian Debt Market
Put Call Ratio(Vol) 0.80 0.99 -0.19
26-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 6.12% 6.08% 6.15% 5.88%
T-Repo 6.01% 5.98% 5.98% NA
Repo 6.00% 6.00% 6.25% 6.00%
Reverse Repo 5.75% 5.75% 6.00% 5.75%
91 Day T-Bill 6.37% 6.32% 6.26% 6.19%
364 Day T-Bill 6.46% 6.44% 6.36% 6.51%
10 Year Gilt 7.41% 7.42% 7.34% 7.76%
G-Sec Vol. (Rs.Cr) 35362 25688 20232 31280
Currency Market Update
FBIL MIBOR 6.22% 6.10% 6.25% 6.00%
3 Month CP Rate 7.50% 7.00% 7.55% 7.35%
5 Year Corp Bond 8.53% 8.54% 8.40% 8.41%
1 Month CD Rate 7.22% 6.93% 7.49% 6.61%
3 Month CD Rate 7.11% 7.13% 7.18% 7.07%
1 Year CD Rate 7.47% 7.49% 7.42% 7.60%
Commodity Market Update
Currency 26-Apr Prev_Day
Change
USD/INR 70.14 69.94 0.20
GBP/INR 90.53 90.26 0.27
EURO/INR 78.13 78.05 0.08
International News
JPY/INR 0.63 0.62 0.00
Commodity 29-Apr Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 63.36 65.61 60.14 68.06
Brent Crude($/bl) 70.91 70.45 68.52 76.07
Gold( $/oz) 1280 1275 1292 1322
Gold(Rs./10 gm)^ 31764 31394 31987 31289
Source: Thomson Reuters Eikon
^As on 26th April 2019
Disclaimer:
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
30 April 2019
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Derivative Statistics- Nifty Options
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty May 2019 Futures were at 11,813.50, a premium of 58.85 points,
above the spot closing of 11,754.65. The turnover on NSE’s Futures and
Options segment declined to Rs. 7,32,837.82 crore on Apr 26, 2019,
compared with Rs. 25,68,108.08 crore on Apr 25, 2019.
• The Put-Call ratio stood at 0.83 compared with the previous session’s
close of 0.82.
• The Nifty Put-Call ratio stood at 1.63 compared with the previous
session’s close of 1.36.
• India VIX declined 7.65% to 21.4550 compared with 23.2325 at the
previous trading session.
• Open interest on Nifty Futures stood at 20.39 million as against the
previous session’s close at 24.57 million.
• Bond yields eased with RBI’s surprise announcement of conducting note
purchases worth Rs. 250 billion in May 2019 under open market
operation. However, the overall sentiment remains under pressure owing
to the steep surge in crude prices.
• Yield on the 10-year benchmark paper (7.26% GS 2029) declined 4 bps
at 7.41% compared with the previous session’s close of 7.45% after
trading in a range of 7.40% to 7.45%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 8,606 crore (gross) on Apr 26, 2019, compared
with Rs. 23,960 crore (gross) as on Apr 25, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 36,592
crore on Apr 25, 2019.
• Banks borrowed Rs. 49 crore under the central bank’s Marginal
Standing Facility on Apr 25, 2019 compared with no borrowings on Apr
24, 2019.
• The India rupee rose against the greenback on dollar sales by exporters.
However, the domestic currency remains under pressure owing to the
rising crude oil prices and strong dollar. The rupee closed at 70.01 a dollar
compared with the previous close of 70.25.
• The euro stood steady against the dollar as electoral uncertainty
lowered with a stable government that reduced investor anxiety. The
euro was last seen trading at 1.1148.
• Gold prices moved down following better than expected U.S. economic
growth in the first quarter.
• Brent crude prices lost its upward momentum after the U.S. President
had discussions with OPEC to ease oil prices. Brent crude prices were last
seen trading at $70.84 per barrel.
• According to the Commerce Department, new orders for U.S.
manufactured durable goods increased much more than expected in Mar
2019, reflecting a significant rebound in orders for transportation
equipment. Durable goods orders increased 2.7% in Mar after tumbling
by a revised 1.1% in Feb 2019.
• Ministry of Economy, Trade and Industry said industrial output in Japan
decreased seasonally adjusted 0.9% MoM in Mar 2019. It missed
expectations for a flat reading following 0.7% increase in Feb 2019. On a
yearly basis, industrial production went down 4.6%, missing forecasts and
more than the 1.1% drop in the previous month.
Markets for You
