GlobalIndices 17‐Jan Prev_Day Abs.Change
DowJones 24,370 24,207 163 0.67
Nasdaq 7,084 7,035 50 0.71
FTSE 6,835 6,863 ‐28 ‐0.40
Nikkei 20,402 20,443 ‐40 ‐0.20
HangSeng 26,756 26,902 ‐146 ‐0.54
IndianIndices 17‐Jan Prev_Day Abs.Change
S&PBSESensex 36,374 36,321 53 0.15
Nifty50 10,905 10,890 15 0.14
Nifty100 11,124 11,112 12 0.11
NiftyBank 27,529 27,484 45 0.16
SGXNifty 10,933 10,925 8 0.07
S&PBSEPower 1,963 1,964 ‐1 ‐0.03
S&PBSESmallCap 14,612 14,660 ‐48 ‐0.33
S&PBSEHC 14,083 14,212 ‐129 ‐0.91
Date P/E Div.Yield P/E Div.Yield
17‐Jan 23.96 1.16 26.21 1.24
MonthAgo 23.78 1.20 26.34 1.22
YearAgo 25.80 1.10 27.18 1.05
Company 17‐Jan Prev_Day
BPCL 355 347 2.29
GAIL 332 326 2.12
AxisBank 677 664 1.91
Nifty50Top3Losers DomesticNews
Company 17‐Jan Prev_Day
SunPharma 427 454 ‐6.00
YesBank 202 208 ‐3.29
ZeeEnte. 441 452 ‐2.48
Advances 1020 669
Declines 1549 1099
Unchanged 175 109
Description(Cr) YTD
FIIFlows* ‐3877
MFFlows** 5098
YoY(%) Current YearAgo
Sensex Nifty
An integrated income‐tax e‐filing and centralised processing centre
(CPC) portal has been approved by the Union Cabinet. The return
processing time will be reduced from 63 days to just one day with this
portal. Additionally, the new portal is also expected to process the
refunds within one day of filing of tax returns which will be of huge relief
for taxpayers. However, the portal is expected to be launched after 18
Entities eligible to receive foreign direct investment (FDI) have been
permitted to raise external commercial borrowings (ECBs) by the Reserve
Bank of India (RBI). This is done by enabling them to raise funds through
automatic route up to $750 million per year. The ECBs raised would be
within 6.5% of gross domestic product.
The Directorate General of Hydrocarbons (DGH) announced that the
government has postponed the deadline for submission of bids in the
auction of 25 oil and gas fields that hold resources worth an estimated Rs.
1 lakh crore. The second round of Discovered Small Fields auction was
opened in Aug 2018 and Dec 18, 2018 marked to be the original deadline
for submission of bids. This was postponed by a month to Jan 18, 2019.
The same has again be postponed, however, no new deadline has been
Reliance Jio’s net profit increased 65% to Rs. 831 crore for the Dec 2018
quarter as customer base rose. The company had recorded a net profit of
Rs. 681 crore in the year‐ago period. Customer base increased to 28 crore
by the end of Dec from 16 crore in the year‐ago period.
Hindustan Unilever (HUL) net profit increased 9% to Rs. 1,444 crore for
the quarter ended Dec 2018 on strong volume growth. The company had
registered net profit of Rs. 1,326 crore in the year‐ago period. Sales stood
at Rs. 9,357 crore, up 12.42% against Rs. 8,323 crore in the year‐ago
Asian equity markets were mixed as U.S. earnings season started on a
strong note and hopes emanated for Brexit progress, but investors
worried over U.S.‐China trade relations. The U.K. Prime Minister was able
to fight back a no‐confidence vote, which makes the Brexit situation less
volatile. Chinese Premier saying the country is facing challenging times
led to growth worries. Today (as of Jan 18), Asian markets opened higher
amid optimism in US‐China trade talks. Both Nikkei and Hang Seng were
trading higher 0.85% and 0.89%, respectively (as at 8 a.m. IST).
As per the last close, European markets mostly fell amid heightened
political uncertainty in the U.K. and ongoing concerns over China's
slowing economy. Also profit warning by a France financial services
major, further impacted the market negatively.
As per the last close, U.S markets increased after a media report said
the U.S. is contemplating easing tariffs on Chinese goods in an effort to
calm markets. The objective behind this seen is to advance trade talks
and gain China's support for longer‐term reforms.
Indian equity markets rose but were flattish as investors stayed on the
sidelines ahead of earnings announcements by industry behemoths. The
upcoming budget and elections are also paying on investors’ minds.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.15% and
0.14%, respectively, to close at 36,374.08 and 10,905.20, respectively.
S&P BSE Mid‐Cap and S&P BSE Small Cap lost 0.30% and 0.33%,
The overall market breadth on BSE was weak with 1020 scrips
advancing and 1549 scrips declining. A total of 175 scrips remained
On the BSE sectoral front, S&P BSE Realty was the major gainer, up
1.13%, followed by S&P BSE Oil & Gas and S&P BSE Information
Technology, up 0.8% and 0.49%, respectively. S&P BSE Consumer
Durables and S&P BSE Teck gained 0.38% and 0.32%, respectively. S&P
BSE Healthcare was the major loser, down 0.91%, followed by S&P BSE
Basic Materials and S&P BSE Industrials, down 0.28% and 0.19,
FIIDerivativeTradeStatistics 17‐Jan
(RsCr) Buy Sell OpenInt.
IndexFutures 2990.25 3808.33 37656.73
IndexOptions 82558.87 82193.30 62031.92
StockFutures 11383.20 11212.03 85380.87
StockOptions 6811.92 6856.21 9648.46
Total 103744.24 104069.87 194717.98
17‐Jan Prev_Day Change
PutCallRatio(OI) 1.52 1.54 ‐0.01
PutCallRatio(Vol) 1.03 0.94 0.10
17‐Jan Wk.Ago Mth.Ago YearAgo
CallRate 6.39% 6.36% 6.51% 5.86%
T‐Repo 6.48% 6.45% 6.41% ‐‐
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% 6.62% 6.60% 6.36%
364DayT‐Bill 6.80% 6.85% 7.05% 6.53%
10YearGilt 7.55% 7.48% 7.46% 7.23%
G‐SecVol.(Rs.Cr) 24913 35611 25648 57949
FBILMIBOR^ 6.50% 6.55% 6.55% 6.02%
3MonthCPRate 7.65% 7.70% 7.15% 7.58%
5YearCorpBond 8.42% 8.38% 8.32% 8.04%
1MonthCDRate 6.73% 6.61% 6.99% 6.24%
3MonthCDRate 7.21% 6.64% 7.09% 6.96%
1YearCDRate 7.91% 7.77% 8.28% 7.27%
Currency 17‐Jan Prev_Day Change
USD/INR 71.34 71.18 0.16
GBP/INR 91.86 91.46 0.40
EURO/INR 81.26 81.18 0.08
JPY/INR 0.66 0.66 0.00
Commodity 17‐Jan WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 51.78 52.37 49.75 63.87
BrentCrude($/bl) 59.49 60.31 57.53 69.23
Gold($/oz) 1291 1286 1246 1328
Gold(Rs./10gm) 32396 32116 31287 30094
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Bond yield eased as market participants resorted to short covering.
However, the underlying market sentiment remains weak amid concerns
consolidation program.
Yield on the 10‐year benchmark paper (7.17% GS 2028) decreased 1
bps to close at 7.55% as compared with 7.56% in the previous session
after trading in the range of 7.53% to 7.59%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,141 crore (gross) on Jan 17, 2019 compared
with a borrowing of Rs. 4,564 crore (gross) on Jan 16, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 6,556 crore on Jan 16, 2019.
Banks borrowed Rs. 2 crore under the central bank’s Marginal Standing
Facility on Jan 16, 2019 compared with borrowing of Rs. 632 crore on Jan
15, 2019.
According to the U.S. Federal Reserve's Beige Book, economic activity
has continued to increase in most of the U.S. But the report has hinted at
a deterioration in optimism. The Beige Book said eight of the 12 districts
reported modest to moderate growth. Non‐auto retail sales grew
modestly while auto sales were flat.
A Labor Department report showed another significant decrease in U.S.
import prices in Dec 2019, reflecting a continued decrease in fuel prices.
Import prices fell 1.0% in Dec after decreasing 1.9% in Nov 2018.
Nifty Jan 2019 Futures were at 10,925.85, a premium of 20.65 points,
over the spot closing of 10,905.20. The turnover on NSE’s Futures and
Options segment rose to Rs. 17,48,184.90 crore on Jan 17, 2019,
compared with Rs. 7,45,712.00 crore on Jan 16, 2019.
The Put‐Call ratio stood at 0.82 compared with the previous session’s
close of 0.86.
The Nifty Put‐Call ratio stood at 1.52 compared with the previous
session’s close of 1.54.
Open interest on Nifty Futures stood at 28.03 million as against the
previous session’s close at 28.07 million.
The Indian rupee rebound following the dollar sales by state‐run banks
and private banks. However, sluggish growth in the Chinese economy and
the ongoing trade feud between U.S. and China limited gains.
The euro extended losses from the previous session on concerns ove
eurozone’s weak economic outlook. Data reveals that Germany gre
1.5% in 2018, which is the lowest in last five year.
Gold prices remained steady following a report from the U.S. Fed that
suggested that the business outlook of the economy remains soft.
Brent crude price were subdued due to fears of a global supply glut.
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