31 Jan 2019
Markets for You
Global Indices
Global Indices 30-Jan Prev_Day Abs. Change
% Change
Dow Jones 25,015 24,580 435 1.77
Nasdaq 7,183 7,028 155 2.20
FTSE 6,942 6,834 108 1.58
Nikkei 20,557 20,665 -108 -0.52
Hang Seng 27,643 27,532 111 0.40
Indian Indices 30-Jan Prev_Day Abs. Change
% Change
S&P BSE Sensex 35,591 35,593 -1 0.00
Nifty 50 10,652 10,652 0 0.00
Nifty 100 10,830 10,830 0 0.00
Nifty Bank 26,826 26,573 252 0.95
SGX Nifty 10,663 10,718 -56 -0.52
S&P BSE Power 1,863 1,863 1 0.03
S&P BSE Small Cap 13,815 13,708 108 0.78
S&P BSE HC 13,763 13,760 3 0.02
Date P/E Div. Yield P/E Div. Yield
30-Jan 23.27 1.18 25.84 1.27
Month Ago 23.69 1.16 26.16 1.24
Year Ago 26.15 1.08 27.51 1.03
Nifty 50 Top 3 Gainers
Company 30-Jan Prev_Day
% Change
ICICI Bank 366 347 5.49
Tata Steel 467 444 5.33
Axis Bank 691 661 4.57
Nifty 50 Top 3 Losers Domestic News
Company 30-Jan Prev_Day
% Change
Indiabulls HFC 673 699 -3.68
Adani Ports & SEZ 338 349 -3.18
Bajaj Auto 2500 2568 -2.65
Advance Decline Ratio
Advances 1367 984
Declines 1137 811
Unchanged 151 105
Institutional Flows (Equity)
Description (Cr)
FII Flows* -4496
MF Flows** 7371
Jan 2019; **29
Jan 2019
Economic Indicator
YoY(%) Current Year Ago
31 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
Quarter Ago
Indian equity markets managed to close flat after a volatile session.
Investors looked forward to the expiry of Jan 2019 F&O series and the
interim budget for 2019 to get direction. Global cues were mixed as
investors awaited the start of U.S.-China trade talks and the outcome of
a U.S. Federal Reserve meeting.
Key benchmark indices S&P BSE Sensex was flat at 35,591.25 and Nifty
50 showed no change at 10,651.80. S&P BSE Mid-Cap and S&P BSE Small
Cap gained 0.22% and 0.78%, respectively.
The overall market breadth on BSE was strong with 1,367 scrips
advancing and 1,137 scrips declining. A total of 152 scrips remained
On the BSE sectoral front, S&P BSE Metal was the major gainer, up
1.89%, followed by S&P BSE Bankex, up 1.36%, and S&P BSE Basic
Materials, up 1.21%. S&P BSE Capital Goods gained 1.18% and S&P BSE
Industrials gained 0.72%. S&P BSE Telecom was the major loser, down
1.26%, followed by S&P BSE Energy and S&P BSE Fast Moving Consumer
Goods, down 1.05% and 0.96%, respectively. S&P BSE Oil & Gas and S&P
BSE Realty fell 0.85% and 0.67%, respectively.
According to data from the Agriculture Ministry, the government has
procured 52.83 lakh tonnes of pulses and oilseeds worth Rs. 24,503 crore
from roughly 12 number of states so far under the price support scheme
(PSS). The PSS is operationalised on the state governments' request
when the prices fall below the minimum support price (MSP). Under PSS,
only fair average quality goods are bought.
As per a notification from the Central Board of Indirect taxes and
Customs, India has imposed basic customs duty on lithium ion cell and
printed board assembly used in the production of battery pack for
mobile phones in line with its policy to boost local manufacturing. Apart
from this, the government excused import of parts, sub-parts, inputs or
raw material for use in manufacture of lithium-ion cell from customs
duty. Lithium ion cell and PCB assembly will attract customs duty of 5%
and 10%, respectively.
The government is revising the process for remitting interest subsidy
under the Pradhan Mantri Awas Yojana (PMAY) in urban areas so that
many beneficiaries can be served. The government is looking into income
tax data to identify potential beneficiaries to do away with the process of
getting first-time homebuyers waiting at bank branches for subsidised
loans. The eligible candidates will receive a certificate from the
department, which can be used to get a subsidised loan. PMAY is
available to first-time home buyers who have annual income not more
than Rs. 18 lakh.
According to the vice chairman of Gem & Jewellery Export Promotion
Council (GJEPC), the partial shutdown of the U.S. government could have
negative impact on exports of small diamonds from India to the U.S. in a
financial year. Exports of gems witnessed an 8.48% drop from the year-
ago period in the first nine months of this fiscal to $22.41 billion. Middle-
class U.S. citizens, who have been affected the most by this shutdown,
prefer to purchase smaller diamonds.
Asian equity markets ended mixed as strong earnings from a U.S.
industrial giant and positive comments on U.S.-China trade by a
prominent U.S. tech company’s CEO helped investors relax over growth
and trade worries. Also, investors looked forward to the conclusion of
U.S. Federal Reserve’s (Fed) policy meeting and U.S.-China talks. Today
(as of Jan 31), Asian markets opened higher following gains in the Wall
Street after U.S. Fed stated that it would be patient in raising interest
rates going forward. Nikkei and Hangseng grew 0.76% and 0.87%,
respectively (as at 8.a.m. IST).
As per the last close, European markets closed higher as investors
awaited U.S. Fed’s monetary policy announcement. However, lingering
concerns about global growth, Brexit and anxiety about U.S.-China trade
talks restricted the gains.
As per the last close, U.S markets closed higher after the U.S Fed kept
the interest rates unchanged and indicated that it will remain patient
regarding further rate hikes. Strong corporate earnings results from
some of the U.S. majors boosted the indices.
Markets for You
FII Derivative Trade Statistics 30-Jan
(Rs Cr) Buy
Sell Open Int.
Index Futures 7997.10 8463.26 38891.36
Index Options 98856.63 98646.02 75102.19
Stock Futures 35308.80 35474.26 89870.12
Stock Options 7015.25 6958.45 11523.79
Total 149177.78 149541.99 215387.46
30-Jan Prev_Day
Put Call Ratio (OI) 1.21 1.22 -0.01
Indian Debt Market
Put Call Ratio(Vol) 0.88 0.84 0.04
30-Jan Wk. Ago Mth. Ago
Year Ago
Call Rate 6.39% 6.43% 6.57% 5.88%
T-Repo 6.34% 6.52% 6.52% --
Repo 6.50% 6.50% 6.50% 6.00%
Reverse Repo 6.25% 6.25% 6.25% 5.75%
91 Day T-Bill 6.53% 6.60% 6.52% 6.40%
364 Day T-Bill 6.78% 6.80% 6.93% 6.53%
10 Year Gilt 7.55% 7.58% 7.39% 7.43%
G-Sec Vol. (Rs.Cr) 20280 28124 29338 32937
Currency Market Update
FBIL MIBOR* 6.50% 6.60% 6.68% 6.00%
3 Month CP Rate 7.60% 7.60% 7.25% 7.78%
5 Year Corp Bond 8.44% 8.49% 8.26% 8.04%
1 Month CD Rate 6.57% 6.70% 7.09% 6.27%
3 Month CD Rate 7.20% 7.04% 7.01% 7.22%
1 Year CD Rate 7.86% 7.96% 8.05% 7.47%
Commodity Market Update
Currency 30-Jan Prev_Day
USD/INR 71.24 71.09 0.15
GBP/INR 93.29 93.55 -0.26
EURO/INR 81.54 81.32 0.22
International News
JPY/INR 0.65 0.65 0.00
Commodity 30-Jan Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 54.13 52.39 45.10 64.59
Brent Crude($/bl) 62.33 61.39 50.51 67.46
Gold( $/oz) 1320 1282 1281 1338
Gold(Rs./10 gm) 33000 32341 31547 30305
Source: Thomson Reuters Eikon
*As on 29-Jan-2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
31 January 2019
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Derivative Statistics- Nifty Options
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Nifty Jan 2019 Futures were at 10,642.90, a discount of 8.90 points,
below the spot closing of 10,651.80. The turnover on NSE’s Futures and
Options segment rose to Rs. 11,19,139.26 crore on Jan 30, 2019,
compared with Rs. 8,55,503.65 crore on Jan 29, 2019.
The Put-Call ratio stood at 0.88 compared with the previous session’s
close of 0.86.
The Nifty Put-Call ratio stood at 1.21 compared with the previous
session’s close of 1.22.
Open interest on Nifty Futures stood at 29.75 million as against the
previous session’s close at 29.18 million.
Bond yields rose after falling in the last four consecutive sessions
following surge in global crude oil prices. Market participants remained
concerned about the fiscal consolidation ahead of the interim budget
announcement later during the week.
Yield on the 10-year benchmark paper (7.17% GS 2028) rose 2 bps to
close at 7.55% as compared with 7.53% in the previous session after
trading in the range of 7.53% to 7.56%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,191 crore (gross) on Jan 30, 2019 compared
with a borrowing of Rs. 3,041 crore (gross) on Jan 29, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window
stood at Rs. 18,603 crore on Jan 29, 2019.
The Indian rupee was almost steady against the greenback ahead of
the outcome of the U.S. Federal Reserve monetary policy review due Jan
30. The rupee closed at 71.12 a dollar, marginally up 0.01% compared
with the previous close of 71.11.
The euro was almost steady against the greenback ahead of the
outcome of the U.S. Federal Reserve’s monetary policy review due Jan
30. The euro was last seen trading at 1.1431 a dollar, up 0.01%
compared with the previous close of 1.1430.
Gold prices rose as dollar remained under pressure following
expectations that the U.S. Federal Reserve will keep rates on hold in the
monetary policy meeting.
Brent crude prices moved up due to supply concerns following U.S.
sanctions on Venezuela’s state-owned oil firm.
According to the Conference Board, U.S. consumer confidence
declined to 120.2 in Jan 2019 after tumbling to a revised 126.6 in Dec
European Commission data showed euro zone's economic sentiment
weakened for a seventh month in a row and at a more than expected
pace in Jan 2019. This is the lowest level in over two years. The
economic sentiment indicator fell to 106.2 from Dec 2018's 107.4. The
latest reading is the lowest since Nov 2016, when the score was 105.6.
According to the Ministry of Economy, retail sales in Japan increased a
seasonally adjusted 0.9% in Dec 2018, exceeding expectations.
Markets for You
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