GlobalIndices 14‐Jan Prev_Day Abs.Change
DowJones 23,910 23,996 ‐86 ‐0.36
Nasdaq 6,906 6,971 ‐66 ‐0.94
FTSE 6,855 6,918 ‐63 ‐0.91
Nikkei Closed 20,360 NA NA
HangSeng 26,298 26,667 ‐369 ‐1.38
IndianIndices 14‐Jan Prev_Day Abs.Change
S&PBSESensex 35,854 36,010 ‐156 ‐0.43
Nifty50 10,738 10,795 ‐57 ‐0.53
Nifty100 10,965 11,026 ‐61 ‐0.55
NiftyBank 27,248 27,454 ‐206 ‐0.75
SGXNifty 10,758 10,815 57 ‐0.53
S&PBSEPower 1,954 1,976 ‐22 ‐1.13
S&PBSESmallCap 14,536 14,600 ‐64 ‐0.44
S&PBSEHC 14,073 14,019 54 0.38
Date P/E Div.Yield P/E Div.Yield
14‐Jan 23.29 1.18 25.80 1.26
MonthAgo 23.47 1.22 26.14 1.23
YearAgo 25.66 1.11 27.28 1.06
Company 14‐Jan Prev_Day
YesBank 195 184 6.02
Infosys 702 684 2.69
SunPharma 451 444 1.45
Nifty50Top3Losers DomesticNews
Company 14‐Jan Prev_Day
Wipro 313 329 ‐4.91
GAIL 325 339 ‐4.05
IndiabullsHFC 791 816 ‐3.09
Advances 1014 653
Declines 1508 1137
Unchanged 192 103
Description(Cr) YTD
FIIFlows* ‐3300
MFFlows** 2887
YoY(%) Current YearAgo
Sensex Nifty
India’s Wholesale Price Index‐based inflation (WPI) came in at 3.80% in
Dec 2018 as against 4.64% in Nov 2018 as prices of onions and fruits
came down. Wholesale price inflation was at 3.58% in Dec 2017. Onion
inflation fell 63.83% in Dec compared with a fall of 47.60% in Nov 2018.
Fruit inflation fell 3.69% in Dec compared with 2.49% in Nov. Crude
petroleum increased at a slower pace of 17.49% as against a rise of
40.06% in Nov. Inflation in food articles fell 0.07% as against a fall of
3.31% in Nov. Inflation in vegetables decreased 17.55% as against a fall of
26.98% in Nov. The WPI Food Index came in at 0.07% in Dec against
1.96% in Nov 2018.
Government data showed that India’s retail inflation plunged to an
eighteen month low of 2.19% in Dec 2018 from 2.33% in the previous
came as food prices continued to decline with the consumer food price
index contracting 2.51% in Dec 2018 compared to a contraction of 2.61%
in the previous month but an expansion of 4.96% in the same month of
the previous year.
According to media reports, the finance ministry has asked public sector
banks to slowly bring down the government's equity to 52%. This is being
done to align public sector banks with the best corporate practices.
Dilution of government stake will help banks to meet 25% public float
rules of market regulator Securities & Exchange Board of India (SEBI).
Some public sector banks have government's holding of more than 75%.
State‐run Bharat Petroleum Corp. Ltd (BPCL) plans to raise $500 million
from the international bond market, according to media reports. BPCL is
India’s second largest refiner and fuel retailer. It will raise capital through
Asian equity markets were mostly down as Chinese trade data came
lower than expected and U.S. government shutdown continued. China’s
exports and imports for Dec 2018 decreased at the worst pace seen in
two years, making investors anxious of rapid slowdown in the economy
due to the trade war with U.S. and weakening global activity. The vote on
Brexit and U.S. earnings season also kept investors on the sidelines.
Today (as of Jan 15), Asian markets opened on a positive note despite
concerns of an economic slowdown in China. Both Nikkei and Hang Seng
were trading higher 0.39% and 0.80%, respectively (as at 8 a.m. IST).
As per the last close, European markets fell after Chinese exports
showed contraction, which increased concerns of a slowdown in global
growth. Markets were also weighed down by concerns surrounding the
ongoing U.S. government shutdown.
As per the last close, U.S markets declined as contraction in Chinese
exports increased concerns of a slowdown in global growth. Data showed
China’s exports plunged 4.4% YoY in Dec 2018, reflecting the biggest drop
in two years.
Indian equity markets lost on weak global cues as China’s trade figures
declined unexpectedly to their two‐year lows. This has stoked global
growth fears among investors all over the world. On the domestic front,
index of industrial production data dropped significantly for Nov 2018,
adding to investor woes. The saving grace came in the form of gains in
the stock of an information technology major as it gave an upbeat
revenue growth guidance.
Key benchmark indices S&P BSE Sensex and Nifty 50 dropped 0.43% and
0.53%, respectively, to close at 35,853.56 and 10,737.60, respectively.
S&P BSE Mid‐Cap and S&P BSE Small Cap lost 0.49% and 0.44%,
The market breadth on BSE was weak with 1508 scrips declining and
1014 scrips advancing. A total of 192 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Healthcare was the major gainer, up
0.38%, followed by S&P BSE Information Technology, up 0.09%. S&P BSE
Teck was unchanged. S&P BSE Capital Goods was the major loser, down
1.93%, followed by S&P BSE Utilities and S&P BSE Metal, down 1.43% and
1.14%, respectively. S&P BSE Power and S&P BSE Industrials lost 1.13%
and 0.99%, respectively.
FIIDerivativeTradeStatistics 14‐Jan
(RsCr) Buy Sell OpenInt.
IndexFutures 1958.48 2498.01 32128.68
IndexOptions 62631.64 62413.33 56706.88
StockFutures 9771.98 9567.09 82590.17
StockOptions 6977.53 7119.17 8551.34
Total 81339.63 81597.60 179977.07
14‐Jan Prev_Day Change
PutCallRatio(OI) 1.35 1.39 ‐0.04
PutCallRatio(Vol) 0.90 0.89 0.01
14‐Jan Wk.Ago Mth.Ago YearAgo
CallRate 6.37% 6.38% 6.41% 5.91%
T‐Repo 6.38% 6.34% 6.26% ‐‐‐
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayT‐Bill 6.60% 6.60% 6.64% 6.29%
364DayT‐Bill 6.83% 6.88% 7.00% 6.30%
10YearGilt 7.43% 7.51% 7.44% 7.28%
G‐SecVol.(Rs.Cr) 40484 38657 73572 27029
FBILMIBOR* 6.50% 6.50% 6.55% 6.00%
3MonthCPRate 7.65% 7.80% 7.20% 7.38%
5YearCorpBond 8.34% 8.41% 8.33% 8.00%
1MonthCDRate 6.69% 6.69% 6.95% 6.25%
3MonthCDRate 7.11% 7.24% 7.05% 6.86%
1YearCDRate 8.13% 8.18% 8.17% 7.13%
Currency 14‐Jan Prev_Day Change
USD/INR 70.82 70.47 0.35
GBP/INR 90.96 89.92 1.05
EURO/INR 81.25 81.21 0.04
JPY/INR 0.66 0.65 0.00
Commodity 14‐Jan WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 50.26 48.22 51.21 64.17
BrentCrude($/bl) 58.44 56.69 58.50 70.46
Gold($/oz) 1292 1289 1238 1338
Gold(Rs./10gm) 32117 31764 31374 29838
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Bond yield eased as market participants expect inflation to lower
ahead of the release of the retail inflation date. This also raises
expectations of monetary easing in the near future.
Yield on the 10‐year benchmark paper (7.17% GS 2028) decreased 7
bps to close at 7.43% as compared with 7.50% in the previous session
after trading in the range of 7.42% to 7.48%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,636 crore (gross) on Jan 14, 2019 compared
with a borrowing of Rs. 3,327 crore (gross) on Jan 11, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 12,829 crore on Jan 11, 2019.
Banks borrowed Rs. 213 crore under the central bank’s Marginal
Standing Facility on Jan 11, 2019 compared with borrowing of Rs. 225
crore on Jan 10, 2019.
General Administration of Customs data showed China's exports and
imports declined in Dec 2018, exhibiting the worst rates in two years.
Exports dropped 4.4% YoY in Dec against expectations of a rise. Imports
outcome since 2016. Trade surplus in Dec 2018 came in at $57.1 billion.
Eurostat preliminary data showed eurozone's industrial production
decreased at a faster than expected pace in Nov 2018. Industrial
production declined a seasonally adjusted 1.7% from Oct 2018’s increase
of 0.1%.
Nifty Jan 2019 Futures were at 10,769.80, a premium of 32.20 points,
over the spot closing of 10,737.60. The turnover on NSE’s Futures and
Options segment rose to Rs. 5,04,355.11 crore on Jan 14, 2019, compared
with Rs. 5,03,549.10 crore on Jan 11, 2019.
The Put‐Call ratio stood at 0.80 compared with the previous session’s
close of 0.92.
The Nifty Put‐Call ratio stood at 1.35 compared with the previous
session’s close of 1.39.
Open interest on Nifty Futures stood at 26.45 million as against the
previous session’s close at 26.09 million.
The Indian rupee depreciated against the greenback as investors ris
taking appetite for emerging market assets lowered following China’s
weak trade data for Dec. The country’s exports dropped 4.4%, while
imports contracted 7.6%.
The euro declined against the greenback following a data that revealed
that the eurozone’s third largest economy, Italy, could enter into a
Gold prices edged up on dollar weakness and softness in the global
equity market.
Brent crude price lowered following weak Chinese import and export
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