14 Aug 2019
Markets for You
Global Indices
Global Indices 13-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,295 1,273 22 1.74
Nasdaq 8,016 7,863 153 1.95
FTSE 7,251 7,227 24 0.33
Nikkei 20,455 20,685 -229 -1.11
Hang Seng 25,281 25,825 -543 -2.10
Indian Indices 13-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 36,958 37,582 -624 -1.66
Nifty 50 10,926 11,110 -184 -1.65
Nifty 100 11,027 11,222 -195 -1.74
Nifty 500 8,890 9,047 -156 -1.73
Nifty Bank 27,729 28,432 -703 -2.47
S&P BSE Power 1,874 1,925 -51 -2.66
S&P BSE Small Cap 12,519 12,700 -180 -1.42
S&P BSE HC 12,578 12,694 -116 -0.91
Date P/E Div. Yield P/E Div. Yield
13-Aug 25.78 1.26 27.03 1.35
Month Ago 27.85 1.21 28.33 1.29
Year Ago 24.37 1.18 27.80 1.18
Nifty 50 Top 3 Gainers
Company 13-Aug Prev_Day
% Change
#
Indiabulls HFC 573 505 13.43
RIL 1275 1162 9.69
Sun Pharma 439 422 4.09
Nifty 50 Top 3 Losers Domestic News
Company 13-Aug Prev_Day
% Change
#
Yes Bank 74 82 -10.41
M&M 512 546 -6.08
Bajaj Finance 3222 3420 -5.79
Advance Decline Ratio
BSE NSE
Advances 833 546
Declines 1685 1277
Unchanged 143 111
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 54347
MF Flows** 23818
*13
th
Aug 2019; **31
st
Jul 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
3.15%
(Jul-19)
4.17%
(Jul-18)
IIP
2.00%
(Jun-19)
7.00%
(Jun-18)
GDP
5.80%
(Mar-19)
8.10%
(Mar-18)
14 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
2.70%
(Mar-19)
6.60%
(Dec-18)
Quarter Ago
Inflow/Outflow
2898
-746
2.99%
(Apr-19)
• India’s consumer inflation eased to 3.15% YoY in Jul 2019 from 3.18% in
Jun 2019 from but slowed compared with 4.17% in Jul 2018. Food
inflation grew 2.36% in Jul 2019 compared with a revised growth of 2.25%
in Jun 2019 (2.17% previously reported) and a growth of 1.30% in the
same month of the previous year. Vegetables inflation softened to 2.82%
in Jul against a rise of 4.66% in Jun, while 'pulses and products' inflation
went up to 6.82% from 5.68%.
• The Reserve Bank of India (RBI) has said on-lending by registered non-
banking financial companies (NBFCs) towards agriculture, micro and small
enterprises (MSEs) and housing sector up to prescribed limits will be
treated as priority sector loans. RBI said this is being done to boost credit
to the segment of borrowers who need it. Under the revised norms, on-
lending by NBFCs for 'term lending' section under agriculture will be
allowed up to Rs. 10 lakh per borrower.
• The Reserve Bank of India (RBI) has permitted startups, banks and
financial institutions to set up regulatory sandbox (RS) for live testing of
innovative products. This is being allowed in areas such as retail
payments, digital KYC and wealth management. RS refers to live testing of
new products or services in a controlled/test regulatory setting for which
regulators may or may not permit certain relaxations for the limited
purpose of testing.
• Sun Pharmaceutical Industries’ net profit increased to Rs. 1,387.48
crore for the quarter ended Jun 30, 2019, against Rs. 1,057.29 crore in the
year-ago period. Total revenue from operations for the quarter stood at
Rs. 8,374.36 crore from Rs. 7,224.17 crore in the year-ago period.
• Eros International Media Ltd’s net profit fell 54.87% to Rs. 27.05 crore
for the quarter ended Jun 30, 2019. The company had posted a net profit
of Rs. 59.95 crore during the year-ago period. Total income during the
reported quarter stood at Rs. 210.29 crore against Rs. 223.57 crore in the
year-ago period, down 5.93%.
Markets for You
• Indian equity markets fell steeply mainly because of a global selloff.
Global markets have been under pressure from the past three sessions on
the back of concerns of global trade war, Hong Kong protests and a crash
in Argentina's peso currency. All this mayhem has led investors to the
shelter of safe-haven assets such as bonds, gold, and the Japanese yen.
Also, the rupee weakened to near six-month low against the U.S. dollar.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.66% and
1.65% to close at 36,958.16 and 10,925.85, respectively. S&P BSE Mid-
Cap and S&P BSE Small Cap lost 2.25% and 1.42%, respectively.
• The overall market breadth on BSE was weak with 861 scrips advancing
and 1652 scrips declining. A total of 148 scrips remained unchanged.
• On the BSE sectoral front, only two sectors gained. S&P BSE Energy was
the major gainer, up 5.98%, followed by S&P BSE Oil & Gas, up 1.05%.
S&P BSE Telecom was the major loser, down 4.34%, followed by S&P BSE
Auto and S&P BSE Capital Goods, down 3.88% and 3.2%, respectively.
S&P BSE Finance and S&P BSE Teck lost 3.01% and 2.76%, respectively.
• Asian equity markets fell on the back of a slew of factors such as U.S.-
China trade war worries, escalating tensions in Hong Kong and Argentine
crisis as its President lost in primary elections. Investors took shelter of
safe haven assets like the yen, gold and bonds. Today (as of Aug 14),
Asian markets traded higher as U.S. announced it would delay putting
tariffs on some Chinese goods. Both Nikkei and Hang Seng were trading
up 0.84% and 1.28%, respectively (as at 8.a.m. IST).
• European markets warded off initial weakness to end the session in the
green after the U.S. Trade Representative office said certain Chinese
items would be removed from a list of goods set to attract a new 10%
levy because of health, safety, national security and other factors.
• U.S. markets gained after the country decided to delay tariffs on certain
Chinese imports and completely removed some items from the tariff list.
This rekindled hopes that the two countries could reach a long-term
resolution.
FII Derivative Trade Statistics 13-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 3535.62 3806.62 21549.85
Index Options 179008.66 177811.72 53859.04
Stock Futures 14382.77 14335.35 91615.40
Stock Options 6473.76 6432.20 4456.39
Total 203400.81 202385.89 171480.68
13-Aug Prev_Day
Change
Put Call Ratio (OI) 0.96 1.24 -0.28
Indian Debt Market
Put Call Ratio(Vol) 0.82 0.86 -0.04
13-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 5.31% 5.64% 5.63% 6.34%
T-Repo 5.36% 5.61% 5.56% NA
Repo 5.40% 5.75% 5.75% 6.50%
Reverse Repo 5.15% 5.50% 5.50% 6.25%
91 Day T-Bill 5.35% 5.46% 5.75% 6.65%
364 Day T-Bill 5.54% 5.78% 6.02% 7.23%
10 Year Gilt 6.53% 6.34% 6.49% 7.82%
G-Sec Vol. (Rs.Cr) 36129 66675 92831 35977
Currency Market Update
FBIL MIBOR* 5.40% 5.75% 5.84% 6.53%
3 Month CP Rate 5.85% 5.95% 6.80% 7.65%
5 Year Corp Bond 7.75% 7.72% 7.77% 8.63%
1 Month CD Rate 5.53% 5.65% 5.93% 6.80%
3 Month CD Rate 5.74% 5.95% 6.08% 7.12%
1 Year CD Rate 6.67% 6.75% 6.85% 8.00%
Commodity Market Update
Currency 13-Aug Prev_Day
Change
USD/INR 71.24 70.52 0.72
GBP/INR 85.89 85.61 0.29
EURO/INR 79.76 78.91 0.85
International News
JPY/INR 0.68 0.67 0.01
Commodity 13-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 57.00 53.55 59.96 67.20
Brent Crude($/bl) 60.04 57.77 67.14 69.81
Gold( $/oz) 1501 1474 1415 1193
Gold(Rs./10 gm) 37799 36463 34407 29674
Source: Thomson Reuters Eikon
*As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 August 2019
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Bond yields continued to increase as rupee depreciated over escalating
trade worries between the U.S. and China and the political disturbance in
Argentina. This weighed on investors’ sentiment and raised concerns
over foreign flows.
• Yield on the 10-year benchmark paper (7.26% GS 2029) rose 3 bps to
close at 6.53% compared with the previous close of 6.49% after trading
in a range of 6.50% to 6.54%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,054 crore (gross) on Aug 13, 2019 compared
with borrowings of Rs. 3,779 crore (gross) on Aug 9, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 12,908 crore on Aug 9, 2019.
• Banks borrowed Rs. 1,500 crore under the central bank’s Marginal
Standing Facility on Aug 9, 2019 compared with borrowings of Rs. 1,900
crore on Aug 8, 2019.
• A Labor Department report showed consumer prices in the U.S. rose in
line with estimates in Jul 2019. The report also showed another bigger
than expected increase in core consumer prices. Consumer price index
climbed 0.3% in Jul after inching up 0.1% in both May and Jun.
• Data from the Office for National Statistics showed total average
weekly pay grew 3.7% in the year to Jun 2019 to GBP 538. This was the
strongest growth rate seen since Jun 2008 and in line with expectations.
Markets for You
• Nifty Aug 2019 Futures stood at 10,925.15, a discount of 0.70 points
below the spot closing of 10,925.85. The turnover on NSE’s Futures and
Options segment increased to Rs. 13,64,009.54 crore on Aug 13, 2019,
compared with Rs. 8,68,187.66 crore on Aug 9, 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 0.96 compared with the previous
session’s close of 1.24.
• Open interest on Nifty Futures stood at 20.03 million, compared with
the previous session’s close of 20.15 million.
• The Indian rupee fell for a second consecutive day against the dollar
following decline in domestic equity market amid trade concerns and
political uncertainty in some regions. The rupee closed at 71.40 a dollar,
down 0.85% compared with the previous close of 70.80.
• Euro fell against the U.S. dollar following reports that Germany’s
investor confidence for Aug 2019 deteriorated more than expected. The
euro closed at 1.1169 a dollar compared with the previous close of
1.1212.
• Gold prices dipped as trade war tension took a back seat for the time
being after U.S. government decided to delay some tariffs on China.
• Brent Crude prices surged following U.S. government’s decision to delay
some tariffs on China.
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your time.
