16 Aug 2019
Markets for You
Global Indices
Global Indices 15-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,258 1,256 2 0.19
Nasdaq 7,767 7,774 -7 -0.09
FTSE 7,067 7,148 -81 -1.13
Nikkei 20,406 20,655 -249 -1.21
Hang Seng 25,495 25,302 193 0.76
Indian Indices 14-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 37,312 36,958 353 0.96
Nifty 50 11,029 10,926 104 0.95
Nifty 100 11,134 11,027 106 0.96
Nifty 500 8,971 8,890 81 0.91
Nifty Bank 28,019 27,729 290 1.05
S&P BSE Power 1,886 1,874 12 0.65
S&P BSE Small Cap 12,570 12,519 51 0.41
S&P BSE HC 12,513 12,578 -65 -0.52
Date P/E Div. Yield P/E Div. Yield
14-Aug 26.11 1.25 27.24 1.34
Month Ago 27.85 1.21 28.33 1.29
Year Ago 24.47 1.18 28.02 1.18
Nifty 50 Top 3 Gainers
Company 14-Aug Prev_Day
% Change
#
Vedanta Limited 147 140 4.87
United Phos 527 503 4.79
Bajaj Finserv Limited 7415 7089 4.60
Nifty 50 Top 3 Losers Domestic News
Company 14-Aug Prev_Day
% Change
#
Sun Pharma 417 439 -5.03
Indiabulls HFC 551 573 -3.80
Wipro 251 259 -2.88
Advance Decline Ratio
BSE NSE
Advances 1320 988
Declines 1150 817
Unchanged 145 118
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 53787
MF Flows** 23818
*14
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)
16 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
-560
2.99%
(Apr-19)
• India’s Wholesale Price Index (WPI) - based inflation slowed down to
1.08% in Jul 2019 from 2.02% in Jun 2019 and 5.27% in Jul 2018.
Vegetable inflation came in at 10.67% in Jul, down from 24.76% in Jun
2019. Inflation for fuel and power fell to -3.64% in Jul from a fall of -2.20%
in Jun. Crude petroleum fell to -15.05% in Jul from a fall of -6.95% in Jun.
• The Prime Minister said his government will invest a Rs. 100 lakh crore
on developing modern infrastructure that will help in nearly doubling the
size of the Indian economy to $5 trillion in the next five years. He said
reforms will continue to be ushered in to help India break into the top 50
countries on the 'ease of doing business' ranking. The amount will be
spent on building modern ports, highways, railways, airports, hospitals
and educational institutions, he said.
• Amid concerns of a slowdown, the Prime Minister took stock of the
economy. The economy has been witnessing weak consumer confidence
and steep loss of investor wealth from a decline in stock prices. The
review was attended by the finance minister and top officials of her
ministry. Investors have been expecting the government to announce
measures to perk up the economy, including sector-specific sops, and a
rollback of the tax surcharge on foreign portfolio investors.
• The Prime Minister has given a new push to digital transactions by
giving the motto of 'yes to digital payment, no to cash". While addressing
the nation from the Red Fort on Independence Day, he said, "We should
encourage digital payment. Today also when we go to villages, there are
boards at shops saying "Today Cash, Tomorrow Debt". I want to tell the
countrymen that now instead of this there should be a board reading,
'yes to digital payment, no to cash'."
• Oil and Natural Gas Corp’s (ONGC) net profit declined 3.9% to Rs. 5,904
crore for the Jun quarter compared with Rs. 6,144 crore in the year-ago
period because of falling oil prices and declining production. Revenue fell
2.4% to Rs. 26,555 crore.
Markets for You
• Indian equity markets recovered from last session’s lows and ended in
the green. U.S.’ announcement that it will delay the implementation of
tariffs on certain Chinese goods soothed investors’ nerves. Also, lower
than expected wholesale price data for Jul 2019 raised expectations of
further interest rate cuts in the near future.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.96% and
0.95% to close at 37,311.53 and 11,029.40, respectively. S&P BSE Mid-
Cap and S&P BSE Small Cap gained 0.85% and 0.41%, respectively.
• The overall market breadth on BSE was strong with 1320 scrips
advancing and 1150 scrips declining. A total of 145 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up
2.68%, followed by S&P BSE Telecom and S&P BSE Basic Materials, up
2.4% and 2.03%, respectively. S&P BSE Capital Goods and S&P BSE Oil &
Gas gained 1.16% and 1.09%, respectively. S&P BSE Healthcare was the
only loser, down 0.52%.
• Asian equity markets were mixed on recession fears after long-dated
U.S. Treasury yields inverted for the first time in 12 years as U.S.-China
trade tensions persist. Encouraging economic data salvaged the day for
the region’s markets. Today (as of Aug 16), Asian markets traded mixed as
investors kept an eye on longer duration U.S. Treasury yields. Nikkei was
trading down 0.05% and Hang Seng were trading up 0.12% (as at 8.a.m.
IST).
• European markets witnessed a volatile session and ended lower
following a global sell-off as bond markets led to fears of an imminent
recession.
• U.S. markets inched back into the green after witnessing steep fall in
the previous session after long-dated U.S. Treasury yields inverted for the
first time in 12 years led to recession fears. The earnings of a retail major
showing strong sales figures gave investors hope that U.S. consumers
could help the country avoid a recession.
FII Derivative Trade Statistics 14-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 3613.89 3766.50 21224.82
Index Options 251360.55 250366.39 54748.07
Stock Futures 14287.21 15257.19 90031.23
Stock Options 9060.20 8964.78 5292.22
Total 278321.85 278354.86 171296.34
14-Aug Prev_Day
Change
Put Call Ratio (OI) 1.10 0.96 0.14
Indian Debt Market
Put Call Ratio(Vol) 0.94 0.82 0.12
14-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 5.33% 5.50% 5.63% 6.37%
T-Repo 5.35% 5.52% 5.56% NA
Repo 5.40% 5.40% 5.75% 6.50%
Reverse Repo 5.15% 5.15% 5.50% 6.25%
91 Day T-Bill 5.40% 5.31% 5.75% 6.80%
364 Day T-Bill 5.74% 5.80% 6.02% 7.27%
10 Year Gilt 6.63% 6.37% 6.49% 7.82%
G-Sec Vol. (Rs.Cr) 53470 100742 92831 28801
Currency Market Update
FBIL MIBOR 5.45% 5.75% 5.85% 6.50%
3 Month CP Rate 5.85% 5.85% 6.80% 7.75%
5 Year Corp Bond 7.90% 7.63% 7.77% 8.65%
1 Month CD Rate 5.50% 5.49% 5.93% 6.56%
3 Month CD Rate 5.54% 6.02% 6.08% 7.17%
1 Year CD Rate 6.73% 6.76% 6.85% 8.04%
Commodity Market Update
Currency 14-Aug Prev_Day
Change
USD/INR 71.10 71.24 -0.14
GBP/INR 85.74 85.89 -0.15
EURO/INR 79.46 79.76 -0.30
International News
JPY/INR 0.67 0.68 -0.01
Commodity 15-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 54.46 52.55 59.27 66.99
Brent Crude($/bl) 56.86 55.43 67.15 69.96
Gold( $/oz) 1523 1500 1414 1194
Gold(Rs./10 gm)* 37574 37039 34407 29541
Source: Thomson Reuters Eikon
*As on 14th Aug 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
16 August 2019
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Bond yields increased on worries over fiscal issues and future
monetary policy. Besides, worries overs economic slowdown and doubts
over sovereign bond issue also dampened market sentiment.
• Yield on the 10-year benchmark paper (7.26% GS 2029) rose 10 bps to
close at 6.63% compared with the previous close of 6.53% after trading
in a range of 6.53% to 6.65%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,507 crore (gross) on Aug 14, 2019 compared
with borrowings of Rs. 4,054 crore (gross) on Aug 13, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 16,432 crore on Aug 13, 2019.
• Banks did not borrow under the central bank’s Marginal Standing
Facility on Aug 13, 2019 compared with borrowings of Rs. 1,500 crore on
Aug 9, 2019.
• A Commerce Department report showed retail sales in the U.S.
increased by much more than expected in Jul 2019. Retail sales climbed
0.7% in Jul after rising by 0.3% in Jun 2019.
• A Labor Department report showed U.S. labor productivity increased
by more than expected in the second quarter. Labor productivity climbed
2.3% in the second quarter after surging up 3.5% in the first quarter.
• The National Bureau of Statistics said China's industrial production
grew at the slowest pace in 17 years in Jul 2019 to 4.8% from 6.3% in Jun
2019.
Markets for You
• Nifty Aug 2019 Futures stood at 11,028.15, a discount of 1.25 points
below the spot closing of 11,029.40. The turnover on NSE’s Futures and
Options segment rose to Rs. 24,54,436.35 on August 14, 2019, compared
with Rs. 13,64,009.54 crore on August 13, 2019.
• The Put-Call ratio stood at 0.9 compared with the previous session’s
close of 0.84.
• The Nifty Put-Call ratio stood at 1.1 compared with the previous
session’s close of 0.96.
• Open interest on Nifty Futures stood at 20.27 million, compared with
the previous session’s close of 20.03 million.
• The Indian rupee rose against the greenback for the first time in three
sessions as investor risk sentiment improved to some extent after U.S.
delayed imposing tariffs on some Chinese goods. The rupee closed at
71.27 a dollar, up 0.18% compared with the previous close of 71.40.
• The euro weakened against the U.S. dollar after retail sales in U.S. for
Jul 2019 came better than market expectations. The euro closed at
1.1108 a dollar, down 0.27% compared with the previous close of 1.1138.
• Gold prices continued to rise as concerns over global economic
slowdown boosted the safe haven appeal of the precious metal.
• Brent Crude prices remained weak amid concerns over the oil demand
outlook led by the ongoing trade retaliation between China and the U.S.
Thank you for
your time.
