05 Aug 2019
Markets for You
Global Indices
Global Indices 02-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,288 1,302 -14 -1.07
Nasdaq 8,004 8,111 -107 -1.32
FTSE 7,407 7,585 -178 -2.34
Nikkei 21,087 21,541 -454 -2.11
Hang Seng 26,919 27,566 -647 -2.35
Indian Indices 02-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 37,118 37,018 100 0.27
Nifty 50 10,997 10,980 17 0.16
Nifty 100 11,100 11,081 20 0.18
Nifty 500 8,944 8,936 8 0.09
Nifty Bank 28,205 28,367 -162 -0.57
S&P BSE Power 1,938 1,964 -26 -1.30
S&P BSE Small Cap 12,496 12,552 -56 -0.44
S&P BSE HC 12,555 12,587 -32 -0.25
Date P/E Div. Yield P/E Div. Yield
2-Aug 26.11 1.25 27.09 1.34
Month Ago 28.69 1.18 29.28 1.23
Year Ago 23.84 1.18 27.89 1.20
Nifty 50 Top 3 Gainers
Company 02-Aug Prev_Day
% Change
#
Bharti Airtel 344 324 6.07
Asian Paints 1545 1505 2.69
Bajaj Auto 2601 2538 2.48
Nifty 50 Top 3 Losers Domestic News
Company 02-Aug Prev_Day
% Change
#
Indiabulls HFC 490 522 -6.19
HPCL 253 263 -3.80
NTPC 123 127 -2.96
Advance Decline Ratio
BSE NSE
Advances 1077 793
Declines 1388 1013
Unchanged 132 110
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 63596
MF Flows** 23818
*2
nd
Aug 2019; **31
st
Jul 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
3.18%
(Jun-19)
4.92%
(Jun-18)
IIP
3.10%
(May-19)
3.80%
(May-18)
GDP
5.80%
(Mar-19)
8.10%
(Mar-18)
05 August 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
0.20%
(Feb-19)
6.60%
(Dec-18)
Quarter Ago
Inflow/Outflow
2898
-1167
2.86%
(Mar-19)
• Media reports showed the government could put on hold a plan to
raise the minimum public shareholding in listed companies to 35% from
25%, a source with direct knowledge of the matter said on Friday. The
government is also looking for ways to ease concerns of foreign portfolio
investors that have pulled out of Indian equity markets after a budget
announcement of higher taxes for individuals and trusts earning more
than ₹2 crore a year, the source said.
• World Bank data showed India has been pushed to the seventh
position in the 2018 worldwide GDP rankings with the U.K. and France
advancing to fifth and sixth places. In 2017, India was the sixth largest
economy, while France was at the seventh place. The U.S. is the top
economy with a GDP of $20.5 trillion in 2018. China is the second largest
economy with $13.6 trillion, while Japan is at the third place with $5
trillion. India is still the fastest-growing major economy in the world, but
growth is estimated to slow to 7% in FY20.
• RBI data showed bank credit and deposits increased 12.01% and
10.59% to Rs. 96.57 lakh crore and Rs. 126.491 lakh crore, respectively,
for the fortnight ended Jul 19, 2019. In the year-ago period, bank credit
stood at Rs. 86.09 lakh crore while deposits were at Rs. 114.371 lakh
crore.
• Media reports showed, GST collection for Jul 2019 surpassed the one
lakh crore mark. Central GST stands at Rs. 17,912 crore; and SGST at Rs.
25,008 crore. The total number of GSTR 3B returns filed for Jun up to July
31 is 75.79 lakh.
• Bharti Airtel posted a loss of Rs. 2,866 crore in the quarter ended Jun
30, 2019. The company had registered a net profit of Rs. 97 crore in the
year-ago period. The loss came on the back of rising finance costs and a
one-time loss of Rs. 1,445 crore.
• Marico Ltd’s first-quarter net profit increased 21.6% to Rs. 315 crore
against Rs. 259 crore in the year-ago period on the back of a stable
volume growth in the domestic market. Revenue from operations in the
period stood at Rs. 2,166 crore, up 6.8%, against the year-ago period.
Markets for You
• Asian equity markets saw heavy selling pressure after the U.S.
President escalated his trade war with China, stating the country was
moving too slowly on a trade agreement. Today (as of Aug 05), Asian
markets opened lower amid concerns over trade dispute between U.S.
and China. Further, investors remained focused on general strike in Hong
Kong. Nikkei and Hangseng were trading down 1.62% and 1.95%,
respectively (as at 8.a.m. IST).
• As per the last close, European markets declined after U.S. President
said he would put a 10% tariff on the remaining $300 billion of Chinese
imports from next month.
• As per the last close, U.S. markets fell after the U.S. President upped
the ante on U.S.-China trade front with announcement of 10% tariff on
the remaining $300 billion worth of Chinese imports. Meanwhile,
investors remained focused on U.S. job growth data that slowed in Jul as
against Jun, but, came in line with market expectations.
• Indian equity markets recovered from early losses to end in the green.
Strong first quarter earnings by a financial major and news that the Prime
Minister’s Office is looking into the budget proposal of tax surcharge of
foreign portfolio investors and its impact on markets supported markets.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.27% and
0.16% to close at 37,118.22 and 10,997.35, respectively. S&P BSE Mid-
Cap gained 0.15% and S&P BSE Small Cap lost 0.44%.
• The overall market breadth on BSE was weak with 1077 scrips
advancing and 1388 scrips declining. A total of 132 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
3.63%, followed by S&P BSE Auto and S&P BSE Teck, which gained 1.07%
and 0.91%, respectively. S&P BSE Consumer Discretionary Goods &
Services and S&P BSE Consumer Durables gained 0.82% and 0.79%,
respectively. S&P BSE Metal was the major loser, down 1.95%, followed
by S&P BSE Power and S&P BSE Utilities, down 1.3% and 1.03%,
respectively. S&P BSE Oil & Gas and S&P BSE Realty lost 0.86% and 0.82%,
respectively.
FII Derivative Trade Statistics 02-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 4812.98 6861.74 16061.81
Index Options 414012.20 411155.11 43792.89
Stock Futures 12666.71 13037.98 85783.40
Stock Options 5599.94 5541.25 3421.58
Total 437091.83 436596.08 149059.68
02-Aug Prev_Day
Change
Put Call Ratio (OI) 1.09 0.84 0.25
Indian Debt Market
Put Call Ratio(Vol) 0.79 0.81 -0.01
02-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 5.60% 5.56% 5.71% 6.34%
T-Repo 5.58% 5.58% 5.49% NA
Repo 5.75% 5.75% 5.75% 6.50%
Reverse Repo 5.50% 5.50% 5.50% 6.25%
91 Day T-Bill 5.55% 5.66% 5.94% 6.76%
364 Day T-Bill 5.80% 5.90% 6.11% 7.25%
10 Year Gilt 6.35% 6.53% 6.85% 7.72%
G-Sec Vol. (Rs.Cr) 73832 44495 42158 51915
Currency Market Update
FBIL MIBOR 5.75% 5.70% 5.90% 6.25%
3 Month CP Rate 6.10% 6.25% 6.90% 7.65%
5 Year Corp Bond 7.77% 7.81% 8.02% 8.61%
1 Month CD Rate 5.64% 5.76% 5.91% 6.72%
3 Month CD Rate 6.09% 6.30% 6.38% 7.18%
1 Year CD Rate 6.79% 6.95% 7.50% 7.95%
Commodity Market Update
Currency 02-Aug Prev_Day
Change
USD/INR 69.40 69.06 0.34
GBP/INR 84.09 83.75 0.34
EURO/INR 76.94 76.31 0.63
International News
JPY/INR 0.65 0.63 0.02
Commodity 02-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 55.62 56.03 55.97 68.90
Brent Crude($/bl) 60.26 62.30 62.86 73.59
Gold( $/oz) 1440 1418 1418 1208
Gold(Rs./10 gm) 35341 34781 33577 29577
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
05 August 2019
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Bond yields declined ahead of the upcoming monetary policy meeting
next week, where investors are expecting a rate cut. In addition,
issuance of sovereign bonds in the overseas markets also aided the
market sentiment.
• Yield on the 10-year benchmark paper (7.26% GS 2029) declined 7 bps
to close at 6.35% compared with the previous close of 6.42% after
trading in a range of 6.31% to 6.36%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,508 crore (gross) on Aug 2, 2019, unchanged
from Aug 1, 2019. Sale of securities under Reserve Bank of India’s (RBI)
reverse repo window stood at Rs. 19,673 crore on Aug 1, 2019.
• Banks borrowed Rs. 250 crore under the central bank’s Marginal
Standing Facility on Aug 1, 2019 compared with borrowings of Rs. 920
crore on Jul 31, 2019.
• A report released by the Commerce Department showed a rebound in
new orders for U.S. manufactured goods in Jun 2019. The Commerce
Department said factory orders rose by 0.6 percent in June after
tumbling by a downwardly revised 1.3% in May. The rebound in factory
orders came as durable goods orders surged up by 1.9% in June after
plunging by 2.3 percent in May.
• Eurozone producer price inflation slowed to 0.7% in Jun 2019 from
1.6% in May 2019, due to weak energy prices. Energy prices fell 0.1%
versus prior month's 3.1% increase.
Markets for You
• Nifty Aug 2019 Futures stood at 11,024.05, a premium of 26.70 points
above the spot closing of 10,997.35. The turnover on NSE’s Futures and
Options segment declined to Rs. 11,42,376.65 on Aug 02, 2019,
compared with Rs. 27,99,622.77 crore on Aug 1, 2019.
• The Put-Call ratio stood at 0.76 compared with the previous session’s
close of 0.73.
• The Nifty Put-Call ratio stood at 1.18 compared with the previous
session’s close of 0.82.
• Open interest on Nifty Futures stood at 20.25 million, compared with
the previous session’s close of 20.01 million.
• The Indian rupee weakened amid escalating trade tension between the
U.S. and China following the U.S. President’s comment on imposing fresh
tariffs on Chinese imports. This dented investors risk appetite for riskier
assets.
• The euro was up against the greenback, benefitting from the U.S
President’s comment on levying fresh tariffs on Chinese imports worth
$300 billion starting Sep 1. In addition, the market is awaiting the U.S.
non-farm payroll figure for further cues.
• Gold prices were down as investors resorted to profit booking to
capitalize on the recent rally following weakening investor sentiments
amid worsening U.S.-China trade relations.
• Brent crude prices were subdued over concerns on aggravating U.S-
China trade feud.
Thank you for
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