GlobalIndices 16‐Jan Prev_Day Abs.Change
DowJones 24,207 24,066 142 0.59
Nasdaq 7,035 7,024 11 0.15
FTSE 6,863 6,895 ‐32 ‐0.47
Nikkei 20,443 20,555 ‐113 ‐0.55
HangSeng 26,902 26,830 72 0.27
IndianIndices 16‐Jan Prev_Day Abs.Change
S&PBSESensex 36,321 36,318 3 0.01
Nifty50 10,890 10,887 4 0.03
Nifty100 11,112 11,108 4 0.04
NiftyBank 27,484 27,401 83 0.30
SGXNifty 10,925 10,900 25 0.23
S&PBSEPower 1,964 1,960 4 0.20
S&PBSESmallCap 14,660 14,638 21 0.14
S&PBSEHC 14,212 14,149 63 0.44
Date P/E Div.Yield P/E Div.Yield
16‐Jan 23.84 1.16 26.17 1.24
MonthAgo 23.47 1.22 26.14 1.23
YearAgo 25.55 1.11 26.96 1.06
Company 16‐Jan Prev_Day
YesBank 208 203 2.64
IndiabullsHFC 830 809 2.57
IndusIndBank 1527 1495 2.11
Nifty50Top3Losers DomesticNews
Company 16‐Jan Prev_Day
BhartiInfratel 276 280 ‐1.39
BajajFinance 2570 2604 1.32
VedantaLimited 196 199 ‐1.31
Advances 1209 882
Declines 1375 865
Unchanged 141 129
Description(Cr) YTD
FIIFlows* ‐3806
MFFlows** 4855
YoY(%) Current YearAgo
Sensex Nifty
The government has decided to recapitalise state‐owned Exim Bank.
The government will recapitalise Rs. 6,000 crore and double its
authorised capital to Rs. 20,000 crore. The equity will be infused in two
tranches of Rs. 4,500 crore in 2018‐19 and Rs. 1,500 crore in 2019‐20,
Railway minister said. The equity will be infused in two tranches Rs.
4,500 crore in 2018‐19 and Rs. 1,500 crore in 2019‐20, Railway minister
Reserve Bank of India (RBI) governor will meet industry chambers on
Jan 17, 2019, to understand their issues and concerns. The governor has
been holding consultations with various stakeholders such as banks, non‐
banking financial companies and micro, small and medium enterprises
from the time he took the post recently.
India's soymeal sales to Iran could increase as the latter is using the
rupees it receives for its crude exports to cover its animal feed demand.
This comes amid U.S. sanctions that have crippled Iran’s ability to import
necessities. Iran has agreed to sell crude oil to India in exchange of rupees
after U.S. sanctions blocked its access to the global financial system. It
must spend those rupees on Indian goods and Iran does not produce
enough of soymeal domestically. Higher meal exports in turn could
support Indian soybean prices and to some extent even rectify farmer
complaints of low prices.
India will purchase $5 billion worth of oil and gas from the U.S. per
annum and $18 billion worth of defence equipment that are under
implementation, according to media reports. The U.S. export to India has
increased at least 30%, India’s ambassador to the U.S. said. In the last two
years, bilateral trade has increased from $119 billion to $140 billion, he
ICICI Securities Ltd reported a 34% decline in third quarter net profit at
Rs. 101.2 crore. Revenue decreased 18% YoY as all segments put in a
lacklustre performance.
Asian equity markets were mostly higher as the positive sentiment
emanating from China’s hints at providing greater stimulus to the
economy overshadowed Brexit uncertainties. The U.K. parliament voted
against Prime Minister’s Brexit deal by a wide margin. The U.K.
government now faces a no‐confidence vote. Today (as of Jan 17), Asian
markets opened mostly on a positive note following rise on Wall Street
Overnight. While Nikkei was trading higher 0.36%, Hang Seng was lower
0.42% (as at 8 a.m. IST).
As per the last close, European markets mostly gained ahead of the no
confidence vote against U.K. Prime Minister following the defeat her
Brexit plan suffered in Parliament on Wednesday.
As per the last close, U.S markets rose partially following upbeat
earnings of two U.S. investment banks and financial services giants.
Market was positive after British Prime Minister’s government survived a
vote of no confidence in parliament. However, gains were limited on
uncertainty about the ongoing government shutdown.
Indian equity markets gained yet again on positive economic data as
India’s trade deficit narrowed to a 10‐month low. However, the market
movement was volatile as uncertainties grew around Brexit after the U.K.
Prime Minister lost support for the proposal by a wide margin in the
parliament and now faces a no‐confidence vote.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.01% and
0.03%, respectively, to close at 36,321.29 and 10,890.30, respectively.
S&P BSE Mid‐Cap lost 0.02% and S&P BSE Small Cap gained 0.14%.
The overall market breadth on BSE was weak with 1209 scrips
advancing and 1375 scrips declining. A total of 141 scrips remained
On the BSE sectoral front, S&P BSE Oil & Gas was the major gainer, up
0.66%, followed by S&P BSE Information Technology and S&P BSE
Utilities, up 0.65% and 0.52%, respectively. S&P BSE Energy and S&P BSE
Healthcare gained 0.45% and 0.44%, respectively. S&P BSE Telecom was
the major loser, down 0.82%, followed by S&P BSE Fast Moving Consumer
Goods and S&P BSE Metal, down 0.74% and 0.68, respectively.
FIIDerivativeTradeStatistics 16‐Jan
(RsCr) Buy Sell OpenInt.
IndexFutures 3806.51 2653.42 35428.12
IndexOptions 63881.92 63687.82 59942.33
StockFutures 12010.07 11414.90 84563.28
StockOptions 6814.53 6606.18 9335.07
Total 86513.03 84362.32 189268.80
16‐Jan Prev_Day Change
PutCallRatio(OI) 1.54 1.51 0.03
PutCallRatio(Vol) 0.94 1.02 0.09
16‐Jan Wk.Ago Mth.Ago YearAgo
CallRate 6.42% 6.36% 6.41% 5.88%
T‐Repo 6.45% 6.45% 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% 6.65% 6.64% 6.27%
364DayT‐Bill 6.83% 6.88% 7.00% 6.53%
10YearGilt 7.56% 7.47% 7.44% 7.38%
G‐SecVol.(Rs.Cr) 38579 33557 73572 27684
FBILMIBOR* 6.50% 6.55% 6.55% 6.01%
3MonthCPRate 7.60% 7.75% 7.20% 7.48%
5YearCorpBond 8.51% 8.36% 8.33% 8.06%
1MonthCDRate 6.67% 6.70% 6.95% 6.23%
3MonthCDRate 7.16% 6.78% 7.05% 6.96%
1YearCDRate 7.81% 7.86% 8.17% 7.23%
Currency 16‐Jan Prev_Day Change
USD/INR 71.18 71.03 0.15
GBP/INR 91.46 91.62 0.16
EURO/INR 81.18 81.50 ‐0.33
JPY/INR 0.66 0.65 0.00
Commodity 16‐Jan WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 52.03 52.14 51.21 63.77
BrentCrude($/bl) 59.45 59.25 58.50 69.64
Gold($/oz) 1293 1293 1238 1339
Gold(Rs./10gm) 32351 31863 31374 30056
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Bond yield increased as market participants continue to stay doubtful
whether the federal government will be able to move ahead with its plan
of fiscal consolidation. The government’s expenses are likely to increase
ahead of the elections, which is expected to widen the fiscal deficit.
Yield on the 10‐year benchmark paper (7.17% GS 2028) increased 9 bps
to close at 7.56% as compared with 7.47% in the previous session after
trading in the range of 7.46% to 7.58%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,564 crore (gross) on Jan 16, 2019 compared
with a borrowing of Rs. 4,151 crore (gross) on Jan 15, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 7,164 crore on Jan 15, 2019.
A Labor Department report showed a modest decrease in U.S.
producer prices for Dec 2018. The Labor Department’s producer price
index for final demand dipped a more than expected 0.2% in Dec after
increasing 0.1% in Nov 2018.
The Cabinet Office data showed core machine orders in Japan were
roughly flat MoM and came in a little short of estimates. Core machine
orders added 0.8%, down sharply from 7.6% in Oct 2018. On an annual
basis, core machine orders added 0.8%, which is more than expectations.
Nifty Jan 2019 Futures were at 10,921.65, a premium of 31.35 points,
over the spot closing of 10,890.30. The turnover on NSE’s Futures and
Options segment rose to Rs. 7,45,712.00 crore on Jan 16, 2019, compared
with Rs. 6,13,405.78 crore on Jan 15, 2019.
The Put‐Call ratio stood at 0.86 compared with the previous session’s
close of 0.89.
The Nifty Put‐Call ratio stood at 1.54 compared with the previous
session’s close of 1.51.
Open interest on Nifty Futures stood at 28.07 million as against the
previous session’s close at 27.64 million.
The Indian rupee depreciated as rising concerns over a fiscal slippage
dampened investors’ sentiment. The rupee closed at 71.24 a dollar, down
0.29% compared with the previous close of 71.04.
The euro slipped against the greenback on concerns over the eurozone
economy’s outlook. Germany’s weak industrial output data for the
second half of 2018 are signs of an economic slowdown. The euro was
last seen trading at 1.1378 a dollar, down 0.32% compared with the
previous close of 1.1414.
Gold prices strengthen against the greenback on rising worries about
the eurozone’s growth outlook
Brent crude price were subdued due to global growth worries that
increased tension over the future demand of the commodity.
Thank you for
your time.