19Aug2019
MarketsforYou

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GlobalIndices
GlobalIndices 16‐Aug Prev_Day Abs.Change
%Change
#
Russell3000 1,277 1,258 19 1.49
Nasdaq 7,896 7,767 129 1.67
FTSE 7,117 7,067 50 0.71
Nikkei 20,419 20,406 13 0.06
HangSeng 25,734 25,495 239 0.94
IndianIndices 16‐Aug Prev_Day Abs.Change
%Change
#
S&PBSESensex 37,350 37,312 39 0.10
Nifty50 11,048 11,029 18 0.17
Nifty100 11,155 11,134 21 0.19
Nifty500 8,989 8,971 18 0.20
NiftyBank 28,217 28,019 198 0.71
S&PBSEPower 1,906 1,886 20 1.08
S&PBSESmallCap 12,585 12,570 14 0.11
S&PBSEHC 12,476 12,513 ‐36 ‐0.29
Date P/E Div.Yield P/E Div.Yield
16‐Aug 26.31 1.24 27.33 1.34
MonthAgo 28.13 1.20 28.51 1.28
YearAgo 24.26 1.18 27.90 1.18
Nifty50Top3Gainers
Company 16‐Aug Prev_Day
%Change
#
UnitedPhos 549 527 4.14
YesBank 79 77 3.79
PowerGrid 211 205 2.92
Nifty50Top3Losers DomesticNews
Company 16‐Aug Prev_Day
%Change
#
TCS 2165 2204 ‐1.78
VedantaLimited 144 147 ‐1.47
HCLTech 1063 1076 ‐1.25
AdvanceDeclineRatio
BSE NSE
Advances 1191 870
Declines 1307 944
Unchanged 143 116
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 55812
MFFlows** 31435
*16
th
Aug2019;**13
th
Aug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)
19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
601
2025
2.99%
(Apr‐19)
• Indian equity markets managed to rise a tad in a volatile session. Mixed
global cues as U.S. and China gave conflicting messages on the future
path of their trade relations kept investors guessing. Also, there was
uncertainty over announcement of any revival package by the
government.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.10% and
0.17% to close at 37,350.33 and 11,047.80 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.10% and 0.11% respectively.
• The overall market breadth on BSE was weak with 1,191 scrips
advancing and 1,307 scrips declining. A total of 143 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Utilities was the major gainer, up
1.5% followed by S&P BSE Auto, up 1.14%, and S&P BSE Power, up 1.08%.
S&P BSE IT was the major loser, down 0.78%, followed by S&P BSE
Consumer Durables, down 0.6%, and S&P BSE Teck, down 0.59%.
• Government data showed that India’s trade deficit in Jul 2019 narrowed
to $13.43 billion from $18.63 billion a year ago. Trade deficit narrowed as
exports rose 2.25% to $26.33 billion in Jul 2019 compared with a year
earlier, while imports came down 10.43% to $39.76 billion over the same
time period. Imports plunged as oil imports fell 22.15% to $9.60 billion in
Jul 2019 from $12.33 billion in the same period of the previous year. Gold
imports also declined 42.20% to $1.71 billion in Jul 2019 from $2.96
billion in the year ago period. Export sectors that witnessed growth in Jul
2019 included chemicals (13.45%), iron ore (297.93%), electronic goods
(51.39%), marine products (3.30%) and pharmaceuticals (21.74%).
• The Central Board of Direct Taxes (CBDT) has completely barred paper‐
based communication by income tax officials with tax payers. The order
will come into effect from Oct 2019. It will apply to all kind of
communications related to assessment, appeals, investigation, penalty,
and rectification, among other things. All such documents will carry a
unique computer‐generated identification number to maintain a proper
trail, said CBDT.
• Yes Bank plans to raise an extra $600 million from large investors to
bolster its capital buffers, media reports showed. The bank plans to raise
more funds after its qualified institutional placement (QIP) offering,
which closed on Aug 14, 2019, was oversubscribed, the report said. Yes
Bank raised about $270 million in the fundraising.
• Oil and Natural Gas Corp (ONGC) plans to invest about Rs. 83,000 crore
in 25 major projects to increase oil and gas production, its chairman and
managing director said. He added that 15 of these projects are under
execution and will directly contribute to oil and gas production.
Cumulative oil and gas gain from these projects is expected to be more
than 180 million tonne of oil and oil equivalent gas in their life cycle.
• Asian equity markets were mixed as U.S. Treasury yields declined
further and conflicting messages emanated from the Sino‐U.S. trade war.
On the one hand, the U.S. President said they are happy with the trade
discussions with China and the dispute would be fairly short. On the other
hand, Beijing said it would retaliate to the latest tariffs on $300 billion
Chinese goods at the same time calling U.S. to meet it halfway on a
possible trade deal. Today (as of Aug 19), Asian markets opened higher
U.S. Treasury yields bounced higher after plunging last week. Both Nikkei
and Hang Seng were trading up 0.44% and 1.68%, respectively (as at
8.a.m. IST).
• European markets went up as investors cautiously returned to riskier
assets after a choppy week.
• U.S. markets gained as a rebound in bond yields eased concerns of a
recession. An inversion of bond yields, first time in 12 years, earlier in the
week had stoked fears of an imminent recession.
MarketsforYou
FIIDerivativeTradeStatistics 16‐Aug
(RsCr) Buy Sell OpenInt.
IndexFutures 5236.73 4322.54 22409.25
IndexOptions 435110.03 431198.42 54147.79
StockFutures 13751.86 13553.92 91062.06
StockOptions 5967.65 6027.10 5539.60
Total 460066.27 455101.98 173158.70
16‐Aug Prev_Day Change
PutCallRatio(OI) 1.21 1.10 0.11
IndianDebtMarket
PutCallRatio(Vol) 0.90 0.94 ‐0.04
16‐Aug Wk.Ago Mth.Ago YearAgo
CallRate 5.31% 5.32% 5.54% 6.44%
T‐Repo 5.25% 5.37% 5.50% NA
Repo 5.40% 5.40% 5.75% 6.50%
ReverseRepo 5.15% 5.15% 5.50% 6.25%
91DayT‐Bill 5.47% 5.35% 5.75% 6.78%
364DayT‐Bill 5.72% 5.65% 6.01% 7.28%
10YearGilt 6.54% 6.49% 6.43% 7.86%
G‐SecVol.(Rs.Cr) 56660 52233 126301 24619
CurrencyMarketUpdate
FBILMIBOR 5.37% 5.75% 5.85% 6.50%
3MonthCPRate 5.85% 5.85% 6.35% 7.70%
5YearCorpBond 7.83% 7.76% 7.68% 8.70%
1MonthCDRate 5.42% 5.45% 5.81% 6.53%
3MonthCDRate 5.67% 6.01% 6.06% 7.19%
1YearCDRate 6.70% 6.64% 6.81% 7.92%
CommodityMarketUpdate
Currency 16‐Aug Prev_Day Change
USD/INR 71.29 71.10 0.19
GBP/INR 86.33 85.74 0.58
EURO/INR 79.15 79.46 ‐0.31
InternationalNews
JPY/INR 0.67 0.67 0.00
Commodity 16‐Aug WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 54.78 54.36 57.41 65.39
BrentCrude($/bl) 58.99 56.51 65.46 68.40
Gold($/oz) 1514 1497 1406 1174
Gold(Rs./10gm) 37466 37270 34583 29361
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
19August2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Aug 2019 Futures stood at 11,064.65, a premium of 16.85 points
above the spot closing of 11,047.80. The turnover on NSE’s Futures and
Options segment declined to Rs. 8,29,535.40 on August 16, 2019,
compared with Rs. 24,54,436.35 crore on August 14, 2019.
• The Put‐Call ratio stood at 0.82 compared with the previous session’s
close of 0.90.
• The Nifty Put‐Call ratio stood at 1.21 compared with the previous
session’s close of 1.10.
• Open interest on Nifty Futures stood at 21.40 million, compared with
the previous session’s close of 20.27 million.
• Bond yields eased after a top official commented that the government
is not encouraging fiscal sops. This alleviated fears of widening fiscal
deficit, thereby lifting the market sentiment.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) tumbled 9 bps
to close at 6.54% compared with the previous close of 6.63% after
trading in a range of 6.53% to 6.61%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,080 crore (gross) on Aug 16, 2019 compared
with borrowings of Rs. 3,507 crore (gross) on Aug 14, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 16,885 crore on Aug 14, 2019.
• Banks borrowed Rs. 2,325 crore under the central bank’s Marginal
Standing Facility on Aug 14, 2019 compared with no borrowings on Aug
13, 2019.
• The rupee rose against the U.S. dollar due to selling of the greenback
by foreign banks, likely for exporters. The rupee closed at 71.15 a dollar,
up 0.17% compared with the previous close 71.27.
• The euro fell against the greenback on growing expectations of an
interest rate cut by the European Central Bank. The euro was last seen
trading at 1.1089, down 0.15% compared with the previous close of
1.1106.
• Gold prices fell on hopes of aggressive central bank easing which
improved market sentiment to some extent.
• Brent crude prices rose on hopes of stimulus measures by central
banks which helped ease recession concerns.
• A Commerce Department report showed U.S. business inventories
remained unchanged in Jun 2019 after rising 0.3% in May 2019.
Expectations were for inventories to increase. Retail inventories fell 0.3%
in Jun after climbing 0.3% in May, while manufacturing inventories rose
0.2% for the second consecutive month.
• A Federal Reserve Bank of Philadelphia report showed Philadelphia‐
area manufacturing activity saw continued growth in Aug 2019. The pace
of growth slowed by less than expectations. The Philly Fed said its
diffusion index for current general activity dropped to 16.8 in Aug after
surging up to 21.8 in Jul 2019.
MarketsforYou
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