22Aug2019
MarketsforYou

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GlobalIndices
GlobalIndices 21‐Aug Prev_Day Abs.Change
%Change
#
Russell3000 1,298 1,285 13 1.02
Nasdaq 8,020 7,949 72 0.90
FTSE 7,204 7,125 79 1.11
Nikkei 20,619 20,677 ‐59 ‐0.28
HangSeng 26,270 26,232 39 0.15
IndianIndices 21‐Aug Prev_Day Abs.Change
%Change
#
S&PBSESensex 37,060 37,328 ‐268 ‐0.72
Nifty50 10,919 11,017 ‐98 ‐0.89
Nifty100 11,012 11,116 ‐104 ‐0.93
Nifty500 8,865 8,957 ‐93 ‐1.04
NiftyBank 27,719 27,982 ‐263 ‐0.94
S&PBSEPower 1,868 1,894 ‐25 ‐1.34
S&PBSESmallCap 12,390 12,570 ‐180 ‐1.43
S&PBSEHC 12,408 12,529 ‐121 ‐0.97
Date P/E Div.Yield P/E Div.Yield
21‐Aug 26.05 1.25 27.01 1.35
MonthAgo 27.73 1.22 27.92 1.31
YearAgo 24.85 1.14 28.29 1.16
Nifty50Top3Gainers
Company 21‐Aug Prev_Day
%Change
#
HeroMoto 2714 2669 1.69
Infosys 799 793 0.85
BajajAuto 2765 2743 0.80
Nifty50Top3Losers DomesticNews
Company 21‐Aug Prev_Day
%Change
#
TataMotors 112 124 ‐9.25
YesBank 65 71 ‐8.15
IndiabullsHFC 484 521 ‐7.26
AdvanceDeclineRatio
BSE NSE
Advances 627 452
Declines 1849 1398
Unchanged 150 88
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 56457
MFFlows** 35309
*21
st
Aug2019;**20
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)
22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
172
‐408
2.99%
(Apr‐19)
• Indian equity market fell for the second consecutive session as investors
could not get any cues regarding government’s possible stimulus
package. Economic growth uncertainties and rise in crude oil prices also
hit sentiment.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.72% and
0.89% to close at 37,060.37 and 10,918.70, respectively. S&P BSE Mid‐
Cap and S&P BSE Small Cap lost 1.32% and 1.43%, respectively.
• The overall market breadth on BSE was weak with 627 scrips advancing
and 1,849 scrips declining. A total of 150 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the only sector that gained,
up 0.16%. S&P BSE Metal was the major loser, down 2.92%, followed by
S&P BSE Industrials and S&P BSE Basic Materials, down 2.24% and 2.21%,
respectively. S&P BSE Capital Goods and S&P BSE Basic Materials lost
2.17% and 1.9%, respectively.
• The Securities and Exchange Board of India (SEBI) has allowed credit
rating agencies to obtain details of clients’ existing and future debt. This
will help them identify defaults in a timely way in the middle of a severe
credit crunch and economic slowdown. SEBI has enabled rating agencies
to get “explicit consent” from clients in rating agreements to secure
details on debt repayments and any delays or defaults from lenders or
other organisations. Rating agencies have often cited the lack of
information shared by companies as a reason for failing to identify
potential defaults in time. The regulator has also been tightening
disclosure regulations to boost monitoring, accountability and
transparency of rating agencies.
• SEBI has eased several regulations for foreign portfolio investors (FPIs).
These include simplifying registration procedures and eligibility criteria.
The regulator also allowed mutual funds to invest up to 10% of their total
debt portfolio in unlisted non‐convertible debentures (NCDs) only if the
instruments are rated and secured. SEBI had a few months ago said it
would limit mutual funds to listed NCDs.
• Union minister for road transport and highways said the government
has not set any deadline for automobile manufacturers to shift to electric
mobility or to ban production of petrol, diesel vehicles. “There is no
deadline as of now. The shift towards electric vehicle will happen in
natural progression," he said. These comments assumes importance as
the Indian automobile sector is facing continued slowdown in sales and
job cuts over the past few months.
• The Khadi and Village Industries Commission’s (KVIC) turnover crossed
Rs. 74,323 crore in 2018‐19. The sale of Khadi products has grown more
than 145% since 2014‐15 from Rs. 1,310.9 crore to Rs. 3,215.13 crore in
2018‐19. Khadi production, which was Rs. 879.98 crore in 2014‐15, went
up to Rs. 1,902 crore in 2018‐19, a growth of more than 100%.
• Asian equity markets ended mixed as trade concerns reappeared, and
investors looked forward to cues from the U.S. Federal Reserve
chairman’s speech at the Jackson Hole symposium on Aug 23, 2019 and
at the Group of Seven (G7) summit in the weekend. Investors stayed on
the sidelines on concerns about Italy's political unrest and Britain's
troubled exit from the European Union. Today (as of Aug 22), Asian
markets opened higher taking cues from gains in overnight U.S. markets.
While Nikkei was trading up 0.05%, Hang Seng was down 0.58% (as at
8.a.m. IST).
• European markets gained as investors looked forward to the release of
minutes of U.S. Federal Reserve’s latest meeting and the U.S. President
suggested he was looking into ways to boost the economy.
• U.S. markets gained as strong quarterly results of retail majors lifted
sentiment. The better than expected earnings have come at a time when
markets were anxious over a possible U.S. economic slowdown.
MarketsforYou
FIIDerivativeTradeStatistics 21‐Aug
(RsCr) Buy Sell OpenInt.
IndexFutures 3635.43 3131.64 23027.26
IndexOptions 206892.50 206634.36 58797.71
StockFutures 11811.19 12373.16 91426.52
StockOptions 5433.22 5402.67 5535.56
Total 227772.34 227541.83 178787.05
21‐Aug Prev_Day Change
PutCallRatio(OI) 0.95 1.12 ‐0.17
IndianDebtMarket
PutCallRatio(Vol) 0.74 0.83 ‐0.09
21‐Aug Wk.Ago Mth.Ago YearAgo
CallRate 5.32% 5.33% 5.70% 6.42%
T‐Repo 5.23% 5.35% 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 5.45% 5.40% 5.64% 6.81%
364DayT‐Bill 5.70% 5.74% 5.89% 7.29%
10YearGilt 6.57% 6.63% 6.36% 7.83%
G‐SecVol.(Rs.Cr) 57433 53470 57810 26516
CurrencyMarketUpdate
FBILMIBOR* 5.30% 5.45% 5.70% 6.50%
3MonthCPRate Closed 5.85% 6.35% 7.75%
5YearCorpBond 7.77% 7.92% 7.63% 8.62%
1MonthCDRate 5.56% 5.50% 5.85% 6.54%
3MonthCDRate 5.77% 5.54% 6.56% 7.18%
1YearCDRate 6.70% 6.73% 6.78% 8.03%
CommodityMarketUpdate
Currency 21‐Aug Prev_Day Change
USD/INR 71.55 71.65 ‐0.10
GBP/INR 86.89 86.78 0.11
EURO/INR 79.39 79.37 0.03
InternationalNews
JPY/INR 0.67 0.67 0.00
Commodity 21‐Aug WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 55.60 55.11 55.39 67.27
BrentCrude($/bl) 60.89 57.35 61.18 70.84
Gold($/oz) 1502 1516 1425 1196
Gold(Rs./10gm) 37550 37574 35091 29529
Source:ThomsonReutersEikon
*Asonprevioustradingday
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
22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 10,932.65, a premium of 13.95 points
above the spot closing of 10,918.70. The turnover on NSE’s Futures and
Options segment rose to Rs.13,16,964.46 on August 21, 2019, compared
with Rs.10,69,260.44 crore on August 20, 2019.
• The Put‐Call ratio stood at 0.82 compared with the previous session’s
close of 0.87.
• The Nifty Put‐Call ratio stood at 0.95 compared with the previous
session’s close of 1.12.
• Open interest on Nifty Futures stood at 22.38 million, compared with
the previous session’s close of 21.77 million.
• Bond yields fell on expectations that Monetary Policy Committee might
cut interest rates again to boost the slowing economy. However, further
gains were capped as the investors remained on the sidelines ahead of
the release of U.S. Federal Reserve’s Jul 2019 monetary policy meeting
minutes.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) fell 2 bps to
6.57% compared with the previous close of 6.59% after trading in a
range of 6.54% to 6.59%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,815 crore (gross) on Aug 21, 2019 compared
with borrowings of Rs. 3,754 crore (gross) on Aug 20, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 13,757 crore on Aug 20, 2019.
• After falling in the last two sessions, the Indian rupee rose against the
U.S. dollar as the dollar index fell from its three‐week highs ahead of the
release of the U.S. Federal Reserve’s Jul 2019 policy minutes. The rupee
rose 0.20% to close at 71.56 per dollar against the previous close of
71.70.
• Euro was little changed against the U.S. dollar since Italy's Prime
Minister resigned on Aug 20,2019. Euro rose 0.03% to close at $1.1086
compared with the previous close of $1.1083.
• Gold prices dipped after the minutes of U.S. Fed’s latest policy meet
dampened speculations over a planned series of rate cuts.
• Brent crude prices regained its $60 per barrel level with investors
focusing on the political situation between U.S. and Iran.
• The minutes of U.S. Federal Reserve's latest monetary policy meeting
held in Jul 2019 showed the central bank intends to remain flexible
regarding future changes to interest rates. This comes as there is a lack
of clarity about when the risks to the U.S. economy will be resolved, Fed
said.
• National Association of Realtors data showed U.S. existing home sales
notable rebound in Jul 2019. NAR said existing home sales jumped 2.5%
to an annual rate of 5.42 million in Jul after slumping by 1.3% to a revised
rate of 5.29 million in Jun 2019.
MarketsforYou
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