15Feb2019
MarketsforYou
GlobalIndices
GlobalIndices 14‐Feb Prev_Day Abs.Change
%Change
#
DowJones 25,439 25,543 ‐104 ‐0.41
Nasdaq 7,427 7,420 7 0.09
FTSE 7,197 7,191 6 0.09
Nikkei 21,140 21,144 ‐5 ‐0.02
HangSeng 28,432 28,498 ‐66 ‐0.23
IndianIndices 14‐Feb Prev_Day Abs.Change
%Change
#
S&PBSESensex 35,876 36,034 ‐158 ‐0.44
Nifty50 10,746 10,794 ‐48 ‐0.44
Nifty100 10,888 10,924 ‐36 ‐0.32
NiftyBank 26,971 26,885 85 0.32
SGXNifty 10,810 10,830 ‐20 ‐0.18
S&PBSEPower 1,747 1,745 2 0.10
S&PBSESmallCap 13,364 13,341 23 0.17
S&PBSEHC 13,744 13,677 67 0.49
Date P/E Div.Yield P/E Div.Yield
14‐Feb 22.80 1.19 26.58 1.26
MonthAgo 23.29 1.18 25.80 1.26
YearAgo 24.27 1.15 25.37 1.08
Nifty50Top3Gainers
Company 14‐Feb Prev_Day
%Change
#
YesBank 221 169 30.57
ZeeEnte. 433 408 6.19
IndiabullsHFC 657 619 6.09
Nifty50Top3Losers DomesticNews
Company 14‐Feb Prev_Day
%Change
#
BPCL 316 329 ‐4.19
IndianOil 125 130 ‐4.04
Hindalco 192 198 ‐3.25
AdvanceDeclineRatio
BSE NSE
Advances 1145 854
Declines 1387 932
Unchanged 122 103
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 1732
MFFlows** 8508
*14
th
Feb2019;**13
th
Feb2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
2.05%
(Jan‐19)
5.07%
(Jan‐18)
IIP
2.40%
(Dec‐18)
7.30%
(Dec‐17)
GDP
7.10%
(Sep‐18)
6.30%
(Sep‐17)
15February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
4.60%
(Sep‐18)
8.20%
(Jun‐18)
QuarterAgo
Inflow/Outflow
996
‐856
3.38%
(Oct‐18)
• Indian equity markets ended in the red on account of concerns over rise
in crude oil prices and a decline in rupee. This underplayed optimism over
progress in U.S.‐China trade talks.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.44% each to
close at 35,876.22 and 10,746.05, respectively. S&P BSE Mid‐Cap and S&P
BSE Small Cap lost 0.52% and 0.17%, respectively.
• The overall market breadth on BSE was weak with 1145 scrips advancing
and 1387 scrips declining. A total of 122 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Industrials was the major gainer, up
0.84%, followed by S&P BSE Bankex and S&P BSE Healthcare, down 078%
and 0.49%, respectively. S&P BSE Realty and S&P BSE Auto gained 0.47%
and 0.44%, respectively. S&P BSE Oil & Gas was the major loser, down
2.11%, followed by S&P BSE Telecom and S&P BSE Energy, down 1.95%
and 1.74%, respectively.
• India’s Wholesale Price Index‐based inflation (WPI) came in at 2.76% in
Jan 2019 as against 3.80% in Dec 2018 as prices of fuel and power came
down. Wholesale price inflation was at 3.02% in Jan 2018. Fuel and power
inflation increased 1.85% in Jan 2019 compared with a rise of 8.38% in Dec
2018. This happened as LPG fell 7.47% in Jan against a rise of 6.87% in Dec.
Petrol too fell 3.35% in Jan from a rise of 1.57% in Dec. Inflation in potato
grew at a slower of 26.30% in Jan 2019 against a rise of 48.68% in Dec
2018. The WPI Food Index came in at 1.84% in Jan 2019 against 0.07% in
Dec 2018.
• The finance ministry is all set to meet the non‐performing assets (NPA)
recovery target of Rs. 1.8 lakh crore by Mar 31, 2019, according to media
news. Recoveries have already touched Rs. 1.08 lakh crore with many big‐
ticket default cases reaching resolution. The reports said big‐ticket
recoveries due in Feb and Mar 2019 can together fetch more than Rs.
60,000 crore. Last year, financial services secretary said that recoveries of
about Rs. 1.8 lakh crore were assessed by banks, which were cases under
Insolvency and Bankruptcy Code and those outside it.
• In order to incentivise effort to bring down recoverable arrears, the
indirect tax department has made ‘recovery of arrears’ a parameter in the
annual performance appraisal for tax officials. Recoverable arrears stand
at over Rs. 26,000 crore. Against a target of Rs. 10,000 crore for FY19, the
tax arrears recovery vertical of the department has managed to achieve
just Rs. 3,500 crore in the Apr‐Dec period.
• According to latest Reserve Bank of India (RBI) data, the pace of growth
in bank credit and deposits has moderated on a fortnightly basis. While
credit grew 14.5% to Rs. 94.29 trillion, deposits increased 9.63% to Rs.
121.22 trillion for the fortnight ended Feb 1, 2019. In the fortnight ended
Jan 18, 2019, deposits had increased 9.69% to Rs. 119.86 trillion and credit
grew 14.61% to Rs. 93.32 trillion, RBI data showed. The gap between pace
of credit disbursal and deposits mobilisation is growing bigger.
• Asian equity markets were mixed since investors awaited progress in
U.S.‐China trade talks, which are going on in Beijing. Upbeat Chinese
economic data restricted losses. Chinese exports and imports data beat
expectations, growing 9.1% in Jan 2019. Today (as of Feb 15), Asian
markets opened on a negative note on downbeat U.S. retail sales data.
Both Nikkei and Hang Seng were trading lower 0.96% and 0.97%,
respectively (as at 8 a.m. IST).
• As per the last close, European markets mostly fell after U.S. retail sales
in Dec 2018 fell short of expectations. Market participants were also
tracking the developments on U.S.‐China trade talks and Brexit.
• As per the last close, U.S markets mostly declined following unexpected
substantial fall in U.S. retail sales in Dec 2018. This increased the appealof
safe havens like bonds. Retail sales plummeted 5.1% in Dec 2018,
compared with 4.4% drop in Nov 2018.
MarketsforYou
FIIDerivativeTradeStatistics 14‐Feb
(RsCr) Buy Sell OpenInt.
IndexFutures 2903.28 2506.08 30431.06
IndexOptions 131683.27 132098.41 63523.47
StockFutures 11708.97 12010.19 87998.94
StockOptions 9025.17 9214.27 9395.34
Total 155320.69 155828.95 191348.81
14‐Feb Prev_Day Change
PutCallRatio(OI) 1.11 1.29 ‐0.18
IndianDebtMarket
PutCallRatio(Vol) 0.75 0.82 ‐0.07
14‐Feb Wk.Ago Mth.Ago YearAgo
CallRate 6.28% 6.48% 6.37% 5.98%
T‐Repo 6.21% 6.47% 6.38% ‐‐
Repo 6.25% 6.25% 6.50% 6.00%
ReverseRepo 6.00% 6.00% 6.25% 5.75%
91DayT‐Bill 6.35% 6.29% 6.60% 6.36%
364DayT‐Bill 6.49% 6.60% 6.83% 6.58%
10YearGilt 7.52% 7.50% 7.43% 7.49%
G‐SecVol.(Rs.Cr) 33308 67344 40484 38319
CurrencyMarketUpdate
FBILMIBOR 6.35% 6.51% 6.50% 6.05%
3MonthCPRate 7.15% 7.45% 7.65% 7.90%
5YearCorpBond 8.38% 8.47% 8.34% 8.08%
1MonthCDRate 6.41% 6.58% 6.69% 6.22%
3MonthCDRate 7.07% 6.97% 7.11% 7.22%
1YearCDRate 7.60% 8.19% 8.13% 7.48%
CommodityMarketUpdate
Currency 14‐Feb Prev_Day Change
USD/INR 70.94 70.55 0.39
GBP/INR 91.28 91.13 0.15
EURO/INR 80.00 79.96 0.04
InternationalNews
JPY/INR 0.64 0.64 0.00
Commodity 14‐Feb WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 54.35 52.63 50.26 60.68
BrentCrude($/bl) 64.39 61.10 58.44 61.88
Gold($/oz) 1312 1310 1292 1351
Gold(Rs./10gm) 32845 33000 32117 30200
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
15February2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Feb 2019 Futures were at 10,779.80, a premium of 33.75 points,
over the spot closing of 10,746.05. The turnover on NSE’s Futures and
Options segment increased to Rs. 15,89,159.28 crore on Feb 14, 2019,
compared with Rs. 8,69,113.19 crore on Feb 13, 2019.
• The Put‐Call ratio stood at 0.74 compared with the previous session’s
close of 0.84.
• The Nifty Put‐Call ratio stood at 1.11 compared with the previous
session’s close of 1.29.
• Open interest on Nifty Futures stood at 23.16 million as against the
previous session’s close at 24.14 million.
• Bond yields increased following sharp surge in crude oil prices. In
addition, additional borrowing of Rs. 360 billion planned by the
government also weighed down on the market sentiment.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) rose 5 bps at
7.52% as compared with the previous session’s close of 7.47% after
trading in the range of 7.48% to 7.52%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 19,123 crore (gross) on Feb 14, 2019, compared
with Rs. 2,941 crore (gross) as on Feb 13, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 37,781
crore on Feb 13, 2019.
• Banks borrowed Rs. 15 crore under the central bank’s Marginal
Standing Facility on Feb 13, 2019 compared with borrowing of Rs. 740
crore on Feb 12, 2019.
• The Indian rupee declined on higher dollar demand from importers. In
addition, surge in crude oil prices also made importers jittery, while
weighing down on the domestic unit.
• The euro rose after investors’ risk sentiment improved on hope of
improving U.S.‐China trade relations. The top officials of the two
economies are negotiating trade terms in a two‐day conference and are
expected to reach a trade agreement.
• Gold prices remained flat as greenback firmed with the start of the U.S.‐
China trade discussion, which is expected to alleviate the trade tension.
• Brent crude prices rose sharply on hopes that the U.S.‐China two‐day
conference would ease the trade tension.
• According to a report from the Labor Department, U.S. consumer price
index remained unchanged in Jan 2019 as against the revised reading in
Dec 2018. Consumer prices remained unchanged for the third month in a
row. Steep decline in energy prices was offset by surge in prices for other
goods and services. On an annual basis, consumer price growth eased to
1.6% in Jan 2019 as against 1.9% in Dec 2018. This marked the slowest
rate of growth since Jun 2017.
• According to a report from Eurostat, eurozone’s gross domestic product
(GDP) grew 0.2% in the fourth quarter 2018 on sequential basis. The
growth came in line with initial expectations.
MarketsforYou
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