21Aug2019
MarketsforYou

https://www.reliancemutual.com

GlobalIndices
GlobalIndices 20‐Aug Prev_Day Abs.Change
%Change
#
Russell3000 1,285 1,293 ‐8 ‐0.60
Nasdaq 7,949 8,003 ‐54 ‐0.68
FTSE 7,125 7,190 ‐65 ‐0.90
Nikkei 20,677 20,563 114 0.55
HangSeng 26,232 26,292 ‐60 ‐0.23
IndianIndices 20‐Aug Prev_Day Abs.Change
%Change
#
S&PBSESensex 37,328 37,402 ‐74 ‐0.20
Nifty50 11,017 11,054 ‐37 ‐0.33
Nifty100 11,116 11,159 ‐43 ‐0.39
Nifty500 8,957 8,998 ‐41 ‐0.45
NiftyBank 27,982 28,186 ‐204 ‐0.72
S&PBSEPower 1,894 1,911 ‐17 ‐0.90
S&PBSESmallCap 12,570 12,649 ‐79 ‐0.62
S&PBSEHC 12,529 12,546 ‐17 ‐0.14
Date P/E Div.Yield P/E Div.Yield
20‐Aug 25.97 1.25 27.26 1.34
MonthAgo 27.73 1.22 27.92 1.31
YearAgo 24.88 1.14 28.25 1.16
Nifty50Top3Gainers
Company 20‐Aug Prev_Day
%Change
#
Maruti 6191 5983 3.48
TataMotors 124 121 2.52
Infosys 793 778 1.94
Nifty50Top3Losers DomesticNews
Company 20‐Aug Prev_Day
%Change
#
YesBank 71 77 ‐7.11
UltratechCem 4033 4158 ‐3.01
IndiabullsHFC 521 537 ‐2.88
AdvanceDeclineRatio
BSE NSE
Advances 875 641
Declines 1577 1185
Unchanged 131 112
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 56865
MFFlows** 35136
*20
th
Aug2019;**19
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)
21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
391
‐265
2.99%
(Apr‐19)
• Indian equity market ended a volatile session in the red. Sentiment was
dampened as investors’ hopes that the government will announce a
revival package got dimmer. Markets were also hit by news of financial
irregularities in a domestic multinational power company.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.20% and
0.33% to close at 37,328.01 and 11,017.00, respectively. S&P BSE Mid‐
Cap and S&P BSE Small Cap lost 0.60% and 0.62%, respectively.
• The overall market breadth on BSE was weak with 875 scrips advancing
and 1577 scrips declining. A total of 131 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 1.34%,
followed by S&P BSE Auto and S&P BSE Teck, which gained 1.18% and
1.07%, respectively. S&P BSE Consumer Durables and S&P BSE Consumer
Discretionary Goods & Services gained 0.36% and 0.32%, respectively.
S&P BSE Metal was the major loser, down 1.71%, followed by S&P BSE
Basic Materials and S&P BSE Energy, down 1.39% and 1.18%, respectively.
• Reserve Bank of India (RBI) deputy governor has asked bankers to
ensure timely resolution of stressed assets under the new framework to
get the best value. He underlined the need for dealing only in "genuine"
cases. RBI will release the final guidelines for private and foreign bankers'
compensation soon, he said. RBI's revised framework on resolution of
stressed assets introduced on Jun 7, 2019, is "less intrusive" as it gives
banks the leeway to draft their own resolution plans for a particular case,
he added.
• The Central Board of Direct Taxes (CBDT) is seeking new ways to tax
global tech companies that invoice their revenues out of India and
maintain operations in the country with minimum profits. The tax
department will consult the Organization for Economic Co‐operation and
Development at a conference next month, media reports said quoted a
senior official. The move comes at a time when developed internet
economies around the globe are exploring fresh methods of taxing big
technology firms.
• Fortis Healthcare Ltd plans to cut a fifth of costs to save the country’s
second‐largest hospital chain. A regulator has found Fortis was deceived
of tens of millions of dollars by its former owners. Fortis’ new chief
executive officer is now looking to cut spending in everything from
energy‐efficient light fixtures to automating its business analysis unitand
even renegotiating doctors’ salaries. The aim is to reduce expenses by
$31 million over the coming two years.
• Maruti Suzuki India Ltd has launched a scheme offering free warranty
for 5 years or 1 lakh kilometres to customers across India for its diesel
vehicles. This comes amid demand at an all‐time low.
• Shell India has offered to sell its 10% stake for over Rs. 700 crore held in
the city gas distribution business of Mumbai‐based Mahanagar Gas Ltd
(MGL), through a block deal on the bourses, media reports said. When
MGL was listed in Jul 2016, Shell had acquired a 34% stake in the
company through its wholly‐owned subsidiary BG Asia Pacific Holdings
Pte. Last year, it offloaded 24% of its shareholding in two tranches. Shell
India is the local arm of Netherlands‐based Royal Dutch Shell Plc.
• Asian equity markets were mostly higher as the U.S. again delayed a full
ban on doing business with a Chinese tech major. Investors saw this as a
possible breather in the U.S.‐China trade dispute. Today (as of Aug 21),
Asian markets opened lower as investors reacted to the fall in overnight
U.S. markets on recession fears. While Nikkei was trading lower 0.39%,
Hang Seng was up 0.04% (as at 8.a.m. IST).
• European markets ended lower as political instability concerns
burdened investors after Italy’s Prime Minister announced he would
resign from the government.
• U.S. markets fell as recession fears made investors cautious. Media
reports saying that the government was discussing a cut to payroll taxes
to alleviate slower economic growth added to such fears.
MarketsforYou
FIIDerivativeTradeStatistics 20‐Aug
(RsCr) Buy Sell OpenInt.
IndexFutures 3763.93 3836.21 22794.61
IndexOptions 162173.47 162975.14 58489.66
StockFutures 10480.85 10807.84 91168.59
StockOptions 4801.19 4808.33 5630.33
Total 181219.44 182427.52 178083.19
20‐Aug Prev_Day Change
PutCallRatio(OI) 1.12 1.17 ‐0.05
IndianDebtMarket
PutCallRatio(Vol) 0.83 1.00 ‐0.17
20‐Aug Wk.Ago Mth.Ago YearAgo
CallRate 5.28% 5.31% 5.70% 6.38%
T‐Repo 5.22% 5.36% 5.70% 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% 5.35% 5.64% 6.79%
364DayT‐Bill 5.71% 5.54% 5.89% 7.28%
10YearGilt 6.59% 6.53% 6.36% 7.84%
G‐SecVol.(Rs.Cr) 54572 36129 57810 17078
CurrencyMarketUpdate
FBILMIBOR* 5.40% 5.40% 5.70% 6.46%
3MonthCPRate Closed 5.85% 6.35% 7.75%
5YearCorpBond 7.76% 7.74% 7.63% 8.66%
1MonthCDRate 5.50% 5.53% 5.85% 6.53%
3MonthCDRate 5.66% 5.74% 6.56% 7.18%
1YearCDRate 6.71% 6.67% 6.78% 8.01%
CommodityMarketUpdate
Currency 20‐Aug Prev_Day Change
USD/INR 71.65 71.34 0.31
GBP/INR 86.78 86.80 ‐0.02
EURO/INR 79.37 79.14 0.23
InternationalNews
JPY/INR 0.67 0.67 0.00
Commodity 20‐Aug WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 56.13 57.00 55.39 66.45
BrentCrude($/bl) 59.32 60.04 61.18 70.30
Gold($/oz) 1507 1501 1425 1190
Gold(Rs./10gm) 37688 37799 35091 29381
Source:ThomsonReutersEikon
*Asonprevioustradingday
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
21August2019
The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent
third party sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted
that since Reliance Nippon Life Asset Management Company Limited (RNLAM) (formerly Reliance Capital Asset Management Limited) has not independently verified the accuracy or authenticity of
such information or data, or for that matter the reasonableness of the assumptions upon which such data and information has been processed or arrive data; RNLAM does not in any manner assures
the accuracy or authenticity of such data and information. Some of the statements & assertions contained in these materials may reflect RNLAM’s views or opinions, which in turn may have been
formed on the basis of such data or information. The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any
responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based upon the information provided herein, due
care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or solicitation for the
purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the
readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee,
their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on
accountoflostprofitsarisingfromtheinformationcontainedinthismaterial.
ReadersarerequestedtoclickhereforICRONdisclaimer‐http://www.icraonline.com/legal/standard‐disclaimer.html
DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Aug 2019 Futures stood at 11,028.10, a premium of 11.10 points
above the spot closing of 11,017.00. The turnover on NSE’s Futures and
Options segment increased to Rs. 10,69,260.44 on August 20, 2019,
compared with Rs. 8,73,914.63 crore on August 19, 2019.
• The Put‐Call ratio stood at 0.87 compared with the previous session’s
close of 0.93.
• The Nifty Put‐Call ratio stood at 1.12 compared with the previous
session’s close of 1.17.
• Open interest on Nifty Futures stood at 21.77 million, compared with
the previous session’s close of 21.25 million.
• Bond yields remained unchanged amid concerns over the
government’s fiscal package and weakness in the local currency.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) remained
unchanged at 6.59% compared with the previous close after trading in a
range of 6.58% to 6.64%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,754 crore (gross) on Aug 20, 2019 compared
with borrowings of Rs. 3,819 crore (gross) on Aug 19, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 23,937 crore on Aug 19, 2019.
• Banks did not borrow under the central bank’s Marginal Standing
Facility on Aug 19, 2019 compared with borrowings of Rs. 3,611 crore on
Aug 16, 2019.
• The rupee fell against the U.S. dollar following losses in the domestic
equity market and greenback purchases by foreign banks most likely for
custodian clients.
• The euro rose against the greenback as the investor risk sentiment
improved on hopes that central banks across the globe may adopt new
stimulus measures to counter a possible global economic slowdown.
• Gold prices rose as the greenback remained under pressure ahead of
the release of the meeting minutes of the U.S. Federal Reserve monetary
policy review which was held in Jul 2019 and Aug 2019.
• Brent crude prices fell after the Organization of the Petroleum
Exporting Countries downgraded global oil demand growth in 2019.
• According to market research group Kantar, U.K. grocery sales were flat
YoY in the 12 weeks to Aug 11, 2019, suggesting that supermarkets are
struggling to grow. In the 12 weeks to July 14, supermarket sales had
dropped 0.5% YoY, marking the first fall since Jun 2016. Kantar said the
tough comparisons with 2018's strong summer continues.
• Eurostat data showed euro zone construction output remained
unchanged in Jun 2019 after easing for three straight months.
Production was flat after decreasing 0.5% in May 2019 and 1.5% in Apr
2019. Building output gained 0.3%, while civil engineering fell 0.5%. On a
yearly basis, construction output growth eased to 1% in Jun from 1.7 % in
May. This was the weakest expansion in five months.
MarketsforYou
Thank you for
your time.

https://www.reliancemutual.com