29Jul2019
MarketsforYou

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GlobalIndices
GlobalIndices 26‐Jul Prev_Day Abs.Change
%Change
#
Russell3000 1,331 1,317 13 1.02
Nasdaq 8,330 8,239 92 1.11
FTSE 7,549 7,489 60 0.80
Nikkei 21,658 21,757 ‐98 ‐0.45
HangSeng 28,398 28,594 ‐197 ‐0.69
IndianIndices 26‐Jul Prev_Day Abs.Change
%Change
#
S&PBSESensex 37,883 37,831 52 0.14
Nifty50 11,284 11,252 32 0.29
Nifty100 11,395 11,352 42 0.37
Nifty500 9,193 9,159 33 0.37
NiftyBank 29,325 29,043 282 0.97
S&PBSEPower 1,994 2,001 ‐7 ‐0.36
S&PBSESmallCap 13,060 13,031 29 0.22
S&PBSEHC 12,959 12,840 119 0.93
Date P/E Div.Yield P/E Div.Yield
26‐Jul 27.10 1.22 27.73 1.32
MonthAgo 28.56 1.18 29.09 1.23
YearAgo 23.34 1.18 27.75 1.20
Nifty50Top3Gainers
Company 26‐Jul Prev_Day
%Change
#
YesBank 96 88 9.58
BajajFinance 3265 3047 7.16
BajajFinserv 7233 6782 6.65
Nifty50Top3Losers DomesticNews
Company 26‐Jul Prev_Day
%Change
#
Vedanta 164 171 ‐4.29
IndianOil 142 147 ‐3.31
RIL 1214 1232 ‐1.44
AdvanceDeclineRatio
BSE NSE
Advances 1304 994
Declines 1217 816
Unchanged 142 107
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 64264
MFFlows** 16029
*26
th
Jul2019;**25
th
Jul2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
3.18%
(Jun‐19)
4.92%
(Jun‐18)
IIP
3.10%
(May‐19)
3.80%
(May‐18)
GDP
5.80%
(Mar‐19)
8.10%
(Mar‐18)
29July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
0.20%
(Feb‐19)
6.60%
(Dec‐18)
QuarterAgo
Inflow/Outflow
‐1290
535
2.86%
(Mar‐19)
• Indian equity markets snapped their six‐session losing streak on the
back of gains in the financial and banking sector. A couple of public sector
banks posted better than expected first‐quarter earnings. Also, a major
finance company registered record profits for the first quarter.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.14% and
0.29% to close at 37,882.79 and 11,284.30, respectively. S&P BSE Mid‐
Cap and S&P BSE Small Cap gained 0.53% and 0.22%, respectively.
• The overall market breadth on BSE was strong with 1304 scrips
advancing and 1217 scrips declining. A total of 142 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Auto was the major gainer, up
1.98%, followed by S&P BSE Consumer Discretionary Goods & Services
and S&P BSE Bankex, which gained 1.05% and 1.03%, respectively. S&P
BSE Capital Goods and S&P BSE Healthcare gained 0.95% and 0.93%,
respectively. S&P BSE Energy was the major loser, down 1.01%, followed
by S&P BSE IT and S&P BSE Teck, down 0.87% and 0.68%, respectively.
• The GST Council meeting over GST rate cut on electric vehicles (EVs)
and related equipment that was scheduled for Jul 25, 2019, has been
postponed as finance minister had to attend Parliament for the scheduled
passage of amendments to the Insolvency and Bankruptcy Code. The
meeting will now take place on Jul 27, 2019.
• According to a private survey, deal activity remained subdued in the
first half of calendar year 2019. The period saw deals worth $32.1 billion
compared with $74.4 billion in the same period last year. There were 600
deals worth $32 billion, with values falling to less than half of the levels
seen in the first half of 2018.
• As per a report by a global agency, imposing restrictions on cross‐
border data flows can severely impact the growth of India’s digital trade.
This trade has a potential to grow to Rs. 12.8 lakh crore by 2030. The
report estimates more than 200% growth in the total value of virtual
goods and services enabled by digital economy and e‐commerce from
present $58 billion to $197 billion by 2030. The report advocates free
flow of storage and processing technologies such as cloud‐based services
across the borders without any restrictions to take advantage of the
technology.
• Maruti Suzuki India Ltd net profit for the Jun 2019 quarter fell 27.3% to
Rs. 1,435.5 crore from Rs.1,975.3 crore in the year‐ago period on the back
of a double‐digit decline in vehicle sales and higher depreciation and
amortization cost. Total number of vehicles sold by the company during
the quarter declined 17.9% to 402,594 units.
• Punjab National Bank (PNB) posted in the Jun 2019 quarter at Rs.
1,018.63 crore on the back of lower provisions. PNB had posted a net loss
of Rs. 940 crore during the corresponding Apr‐Jun period of 2018‐19.
Provisions and contingencies fell to Rs. 2,023 crore in the Jun quarter
compared with Rs. 5,758 crore in the year‐ago period.
• JSW Steel’s consolidated net profit fell 57% YoY to Rs. 1,008 crore in the
Jun 2019 quarter because of lower steel prices and poor demand.
• Asian equity markets mostly fell as investors’ rate‐cut hopes from
central banks faded. This came on the back of the European Central Bank
maintaining status quo in interest rates and downplaying the risk of
recession. The U.S. Federal Reserve will meet at the end of the month to
decide its policy stance. Today (as of July 29), Asian markets opened
cautiously ahead of the U.S.‐China talks in Beijing later this week amid
low expectations for a major breakthrough. Both Nikkei and Hang Seng
were trading lower 0.41% and 0.63%, respectively (as at 8 a.m. IST).
• As per the last close, European markets rose on some upbeat earnings
reports from U.S. and Europe. Market participants also reacted to the
results of a key survey by the European Central Bank that said Eurozone
inflation expectations continued to weaken into the third quarter, which
supported the easing bias adopted by the central bank.
• As per the last close, U.S markets gained following strength in tech
sector. Upbeat earning reports from technology companies supported
the upside.
MarketsforYou
FIIDerivativeTradeStatistics 26‐Jul
(RsCr) Buy Sell OpenInt.
IndexFutures 7658.31 8836.02 14749.76
IndexOptions 374019.19 371314.90 31512.95
StockFutures 25535.75 25118.11 83792.53
StockOptions 3104.96 3018.37 1015.51
Total 410318.21 408287.40 131070.75
26‐Jul Prev_Day Change
PutCallRatio(OI) 1.37 0.88 0.49
IndianDebtMarket
PutCallRatio(Vol) 0.85 0.87 ‐0.02
26‐Jul Wk.Ago Mth.Ago YearAgo
CallRate 5.56% 5.70% 5.75% 6.20%
T‐Repo 5.58% 5.70% 5.47% NA
Repo 5.75% 5.75% 5.75% 6.25%
ReverseRepo 5.50% 5.50% 5.50% 6.00%
91DayT‐Bill 5.66% 5.64% 6.00% 6.70%
364DayT‐Bill 5.90% 5.89% 6.10% 7.24%
10YearGilt 6.53% 6.36% 6.93% 7.76%
G‐SecVol.(Rs.Cr) 44495 57810 49545 36463
CurrencyMarketUpdate
FBILMIBOR 5.75% 5.74% 5.90% 6.41%
3MonthCPRate 6.25% 6.35% 6.95% 7.80%
5YearCorpBond 7.81% 7.63% 8.13% 8.71%
1MonthCDRate 5.76% 5.85% 6.27% 6.73%
3MonthCDRate 6.30% 6.56% 6.43% 7.18%
1YearCDRate 6.95% 6.78% 7.30% 8.01%
CommodityMarketUpdate
Currency 26‐Jul Prev_Day Change
USD/INR 69.06 68.99 0.07
GBP/INR 85.85 86.07 ‐0.22
EURO/INR 76.94 76.82 0.13
InternationalNews
JPY/INR 0.64 0.64 0.00
Commodity 26‐Jul WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 56.03 55.39 59.14 71.34
BrentCrude($/bl) 62.30 61.18 68.29 75.15
Gold($/oz) 1418 1425 1408 1222
Gold(Rs./10gm) 34781 35091 33885 29869
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
29July2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Aug 2019 Futures were at 11,327.00, a premium of 42.70 points,
above the spot closing of 11,284.30. The turnover on NSE’s Futures and
Options segment declined to Rs. 7,07,105.57 crore on Jul 26, 2019,
compared with Rs. 26,03,370.58 crore on Jul 25, 2019.
• The Put‐Call ratio stood at 0.87 compared with the previous session’s
close of 0.81.
• The Nifty Put‐Call ratio stood at 1.37 compared with the previous
session’s close of 0.88.
• Open interest on Nifty Futures stood at 17.66 million, compared with
the previous session’s close of 24.30 million.
• Bond yield continued to rise amid growing ambiguity over the future
policy rate cut plan and uncertainty about issuance of sovereign bonds. A
local media agency report stating the government’s inclination to issue
rupee‐denominated bonds instead of foreign currency notes in the
overseas market has dented the overall market sentiment.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) increased 2 bps
at 6.53% compared with the previous close of 6.51% after trading in a
range of 6.50% to 6.57%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,529 crore (gross) on Jul 26, 2019 compared
with Rs. 8,289 crore (gross) borrowed on Jul 25, 2019. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs.
21,155 crore on Jul 25, 2019.
• The Indian rupee rose against the greenback on possible inflows from
bond issuance worth $950 million. The rupee closed at 68.90 a dollar, up
0.21% compared with the previous close of 69.04.
• The euro inched lower following the European Central Bank’s meeting
where the ECB President signalled possibility of policy rate cuts in the
Sep meeting, besides considering other ways of monetary easing. The
euro was last seen trading at 1.1125, down 0.18% compared with the
previous close of 1.1145.
• Gold prices rose as the greenback remained under pressure on
expectations of a rate cut by the U.S. Federal Reserve in its upcoming
monetary policy review.
• Brent crude prices fell on concerns that slowdown in global growth
may weigh on the demand of the commodity.
• A report by the Commerce Department showed U.S. economic growth
slowed in the second quarter but still exceeded estimates. Real gross
domestic product climbed 2.1% in the second quarter following 3.1%
jump in the first quarter.
• European Central Bank survey showed euro zone inflation expectations
continued to weaken into the third quarter amid lingering high level of
uncertainties and downside risks. The results support the easing bias
adopted by the central bank in its policy meet as it signalled an interest
rate cut as early as Sep 2019.
• Economic Development Board data showed Singapore's industrial
production declined further in Jun 2019. Manufacturing output dropped
6.9% YoY in Jun, following a 2.0% fall in May 2019.
MarketsforYou
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