16Jan2019
MarketsforYou
GlobalIndices
GlobalIndices 15‐Jan Prev_Day Abs.Change
%Change
#
DowJones 24,066 23,910 156 0.65
Nasdaq 7,024 6,906 118 1.71
FTSE 6,895 6,855 40 0.58
Nikkei 20,555 20,360 196 0.96
HangSeng 26,830 26,298 532 2.02
IndianIndices 15‐Jan Prev_Day Abs.Change
%Change
#
S&PBSESensex 36,318 35,854 465 1.30
Nifty50 10,887 10,738 149 1.39
Nifty100 11,108 10,965 143 1.30
NiftyBank 27,401 27,248 153 0.56
SGXNifty 10,900 10,758 143 1.32
S&PBSEPower 1,960 1,954 6 0.31
S&PBSESmallCap 14,638 14,536 102 0.70
S&PBSEHC 14,149 14,073 77 0.54
Date P/E Div.Yield P/E Div.Yield
15‐Jan 23.74 1.17 26.16 1.24
MonthAgo 23.47 1.22 26.14 1.23
YearAgo 25.84 1.10 27.06 1.06
Nifty50Top3Gainers
Company 15‐Jan Prev_Day
%Change
#
Wipro 330 313 5.52
YesBank 203 195 3.92
TechMahindra 706 680 3.88
Nifty50Top3Losers DomesticNews
Company 15‐Jan Prev_Day
%Change
#
Maruti 7355 7409 ‐0.72
ICICIBank 373 373 ‐0.16
BhartiInfratel 280 280 ‐0.13
AdvanceDeclineRatio
BSE NSE
Advances 1549 1137
Declines 1022 629
Unchanged 164 125
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐4166
MFFlows** 3968
*15
th
Jan2019;**14
th
Jan2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
2.19%
(Dec‐18)
5.21%
(Dec‐17)
IIP
0.50%
(Nov‐18)
8.50%
(Nov‐17)
GDP
7.10%
(Sep‐18)
6.30%
(Sep‐17)
16January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
6.50%
(Jul‐18)
8.20%
(Jun‐18)
QuarterAgo
Inflow/Outflow
833
‐865
3.70%
(Sep‐18)
• Government data showed that India’s trade deficit narrowed to a ten
month low of narrowed to $13.08 billion in Dec 2018 from $16.67 billion
in the previous month and $14.20 billion in the same month of the
previous year. Trade deficit narrowed as imports under merchandise
trade contracted 2.44% to $41.01 billion on a yearly basis in Dec 2018
while merchandise exports inched up marginally 0.34% to $27.93 billion
on a yearly basis in Dec 2018. Imports came down as gold imports
plunged 24.33% on a yearly basis in Dec 2018 while imports of pearls,
precious & semi‐precious stones also plummeted 28.08% during the same
time period. Meanwhile exports of engineering goods fell 3.12% on a
yearly basis in Dec 2018 which according to market participants is a
matter of grave concern as the government promised to boost exports by
easing norms for manufacturing in India.
• According to Society of Indian Automobile Manufacturers (SIAM) data,
passenger vehicle sales dropped by 0.43% to 238692 units in Dec 2018.
Sales of commercial vehicles in the month declined 7.80% to 75984 units.
Two‐wheeler sales also decreased 2.23% to 1259026 units. Vehicle sales
across categories decreased 2.97% to 1617356 units.
• According to a United Nation (UN) report, India's creative goods exports
almost tripled from $7.4 billion in 2005 to $20.2 billion in 2014. This has
made India one of the world's leading exporters of such products in the
top 10 developing economies. China is the biggest single exporter and
importer of creative goods and services. The second edition of the
periodic Creative Economy Outlook: Trends in International Trade in
Creative Industries covers the period 2002 to 2015 and shows the
creative economy's contribution to world trade.
MarketsforYou
• Asian equity markets mostly gained as investors welcomed China’s hints
at providing greater stimulus to the economy in the wake of slowing
growth. China’s trade data came in at two‐year low on Jan 14, 2019, as
the trade war with the U.S. seems to be taking a toll. Investors also
looked forward to the verdict on Brexit in the British Parliament later in
the day. Today (as of Jan 16), Asian markets opened on a cautious note
despite rise on Wall Street Overnight. Both Nikkei and Hang Seng were
trading lower 0.63% and 0.73%, respectively (as at 8 a.m. IST).
• As per the last close, European markets rose ahead of the crucial vote
on British Prime Minister’s Brexit plan. Market rose despite data showed
Germany grew at the slowest pace in five years in 2018 in Sep quarter of
2018.
• As per the last close, U.S markets gained led by technology stocks after
a U.S. media‐services provider shares prices surged. Rise came after the
company saw the biggest increase in subscription prices since launching
its service 12 years ago.
• Indian equity markets gained after inflation data eased to multi‐month
lows, making investors hopeful of a rate‐cut by the Reserve Bank of India
at its meeting in Feb 2019. Strong global cues also supported sentiment –
China has indicated that it will support its economy in the wake of weak
trade data and fears of slowing growth. Also, the U.S. started its earnings
season on good note with a major bank beating estimates.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.30% and
1.39%, respectively, to close at 36,318.33 and 10,886.80, respectively.
S&P BSE Mid‐Cap and S&P BSE Small Cap gained 0.58% and 0.70%,
respectively.
• The market breadth on BSE was strong with 1549 scrips advancing and
1022 scrips declining. A total of 164 scrips remained unchanged.
• On the BSE sectoral front, all the sectors gained. S&P BSE Information
Technology was the major gainer, up 3.02%, followed by S&P BSE Teck
and S&P BSE Energy, up 2.75% and 2.54%, respectively. S&P BSE Realty
and S&P BSE Oil & Gas gained 1.72% and 1.7%, respectively. S&P BSE
Metal and S&P BSE Basic Materials gained 1.69% and 1.17%, respectively.
FIIDerivativeTradeStatistics 15‐Jan
(RsCr) Buy Sell OpenInt.
IndexFutures 1589.32 2579.00 33043.17
IndexOptions 55747.36 55727.31 58407.03
StockFutures 10192.41 9634.21 82505.93
StockOptions 6861.62 6774.79 8943.98
Total 74390.71 74715.31 182900.11
15‐Jan Prev_Day Change
PutCallRatio(OI) 1.51 1.35 0.16
IndianDebtMarket
PutCallRatio(Vol) 1.02 0.90 0.13
15‐Jan Wk.Ago Mth.Ago YearAgo
CallRate 6.42% 6.36% 6.41% 5.91%
T‐Repo 6.44% 6.39% 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 6.58% 6.65% 6.64% 6.32%
364DayT‐Bill 6.81% 6.85% 7.00% 5.75%
10YearGilt 7.47% 7.45% 7.44% 7.27%
G‐SecVol.(Rs.Cr) 22219 55694 73572 26753
CurrencyMarketUpdate
FBILMIBOR* 6.50% 6.50% 6.55% 6.00%
3MonthCPRate 7.65% 7.75% 7.20% 7.39%
5YearCorpBond 8.48% 8.35% 8.33% 8.03%
1MonthCDRate 6.66% 6.81% 6.95% 6.23%
3MonthCDRate 7.13% 7.22% 7.05% 6.89%
1YearCDRate 8.13% 7.96% 8.17% 7.15%
CommodityMarketUpdate
Currency 15‐Jan Prev_Day Change
USD/INR 71.03 70.82 0.21
GBP/INR 91.62 90.96 0.66
EURO/INR 81.50 81.25 0.26
InternationalNews
JPY/INR 0.65 0.66 0.00
Commodity 15‐Jan WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 51.75 49.53 51.21 64.17
BrentCrude($/bl) 58.29 56.70 58.50 71.13
Gold($/oz) 1289 1285 1238 1340
Gold(Rs./10gm) 32117 31734 31374 29838
Source:ThomsonReutersEikon
*Ason14‐Jan‐19
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
16January2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Bond yield increased as market participants grew cautious over the
pre‐election spending. If the pre‐election spending rises, it could lead to
a fiscal slippage.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) increased 4 bps
to close at 7.47% as compared with 7.43% in the previous session after
trading in the range of 7.46% to 7.49%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,151 crore (gross) on Jan 15, 2019 compared
with a borrowing of Rs. 3,636 crore (gross) on Jan 14, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 9,668 crore on Jan 14, 2019.
• Banks borrowed Rs. 250 crore under the central bank’s Marginal
Standing Facility on Jan 14, 2019 compared with borrowing of Rs. 213
crore on Jan 11, 2019.
• Eurostat data showed eurozone's merchandise trade surplus decreased
strongly in Nov 2018. This happened as the growth in imports outpaced
that of exports. The trade surplus fell to EUR 19 billion from EUR 23.4
billion in the year‐ago period. Exports increased 1.9% YoY and imports
rose 4.7%.
•TheBankofJapansaidM2moneystockinJapanwasup2.4%YoYin
Dec 2018. It came in at 1,014.2 trillion yen, in line with expectations
following the 2.3% gain in Nov 2018. The M3 money stock increased an
annual 2.1% to 1,011.9 trillion yen – maintaining status quo and
matching estimates.
MarketsforYou
• Nifty Jan 2019 Futures were at 10,928.40, a premium of 41.60 points,
over the spot closing of 10,886.80. The turnover on NSE’s Futures and
Options segment rose to Rs. 6,13,405.78 crore on Jan 15, 2019, compared
with Rs. 5,04,355.11 crore on Jan 14, 2019.
• The Put‐Call ratio stood at 0.89 compared with the previous session’s
close of 0.80.
• The Nifty Put‐Call ratio stood at 1.51 compared with the previous
session’s close of 1.35.
• Open interest on Nifty Futures stood at 27.64 million as against the
previous session’s close at 26.45 million.
• The Indian rupee depreciated against the greenback as the latter firmed
up following Germany’s weak growth data. The rupee closed at 71.04 a
dollar, down 0.15% compared with the previous close of 70.92.
• The euro declined against the greenback following Germany’s wea
k
industrial output data for 2018 that aggravated concerns over an
economic slowdown. The euro was last seen trading at 1.1428 a dollar,
down 0.40% compared with the previous close of 1.1474.
• Gold prices weakened against the greenback as the equity markets
improved.
• Brent crude price edged up as U.S. energy companies trimmed four oil
rigs in the week of Jan 11, 2019.
Thank you for
your time.