14 Jun 2019
Markets for You
Global Indices
Global Indices 13-Jun Prev_Day Abs. Change
% Change
#
Dow Jones 26,107 26,005 102 0.39
Nasdaq 7,837 7,793 44 0.57
FTSE 7,369 7,368 1 0.01
Nikkei 21,032 21,130 -98 -0.46
Hang Seng 27,295 27,308 -14 -0.05
Indian Indices 13-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 39,741 39,757 -15 -0.04
Nifty 50 11,914 11,906 8 0.07
Nifty 100 11,995 11,989 6 0.05
Nifty Bank 30,976 30,966 10 0.03
SGX Nifty 11,922 11,919 4 0.03
S&P BSE Power 2,004 1,993 11 0.56
S&P BSE Small Cap 14,476 14,549 -72 -0.50
S&P BSE HC 13,008 13,045 -37 -0.28
Date P/E Div. Yield P/E Div. Yield
13-Jun 28.26 1.20 29.46 1.22
Month Ago 27.24 1.26 27.80 1.18
Year Ago 23.42 1.14 27.54 1.22
Nifty 50 Top 3 Gainers
Company 13-Jun Prev_Day
% Change
#
Indiabulls HFC 694 621 11.79
Zee Ente. 353 343 2.84
HPCL 310 302 2.48
Nifty 50 Top 3 Losers Domestic News
Company 13-Jun Prev_Day
% Change
#
Yes Bank 117 135 -13.10
IndusInd Bank 1489 1570 -5.16
United Phos 1005 1021 -1.54
Advance Decline Ratio
BSE NSE
Advances 920 590
Declines 1625 1226
Unchanged 143 100
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 77560
MF Flows** 2262
*13
th
Jun 2019; **12
th
Jun 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
3.05%
(May-19)
4.87%
(May-18)
IIP
3.40%
(Apr-19)
4.50%
(Apr-18)
GDP
5.80%
(Mar-19)
8.10%
(Mar-18)
14 June 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
1.60%
(Jan-19)
6.60%
(Dec-18)
Quarter Ago
Inflow/Outflow
444
-644
2.57%
(Feb-19)
• Indian equity markets were flat as global cues were mixed and retail
inflation saw a fourth consecutive monthly increase, which dented
sentiment. Globally, investors are staying on the sidelines ahead of the
G20 summit where U.S. and China could discuss trade issues.
• Key benchmark indices S&P BSE Sensex fell 0.04% and Nifty 50 gained
0.07% to close at 39,741.36 and 11,914.05, respectively. S&P BSE Mid-Cap
and S&P BSE Small Cap fell 0.33% and 0.50%, respectively.
• The overall market breadth on BSE was weak with 920 scrips advancing
and 1625 scrips declining. A total of 143 scrips remained unchanged.
• S&P BSE Realty was the major gainer, up 0.62%, followed by S&P BSE
Power, up 0.56%, and S&P BSE Finance, up 0.32%. S&P BSE Consumer
Durables and S&P BSE Utilities gained 0.3% and 0.23%, respectively. S&P
BSE Information Technology was the major loser, down 0.78%, followed
by S&P BSE Teck and S&P BSE Auto, down 0.57% and 0.44%, respectively.
• The finance minister’s pre-Budget consultations with financial and
capital market participants covered among other creation of a dedicated
liquidity window for non-banking financial companies (NBFCs), review of
interest rates on Small Savings Schemes and banks' non-performing assets
(NPAs or bad loans), among other issues, media reports quoted an official.
The reports said a finance ministry statement pointed that capital infusion
in public sector banks (PSBs) and a separate bond exchange were among
the other things discussed.
• The National Highways Authority of India (NHAI) plans to raise around
Rs. 5,000 crore through the third round of Toll-Operate-Transfer (TOT)
auctions. NHAI has invited bids for a cumulative 566 kms of highway
stretches in Bihar, Jharkhand, Tamil Nadu and Uttar Pradesh with the floor
price set at Rs. 4,995 crore.
• India has been praised by a high-level committee on digital cooperation
launched by United Nations chief general for carrying out revolutionary
digital initiatives to ensure economic inclusion of the 1.3 billion
population. Launched in Jul 2018 by the UN secretary general, the 20-
member panel in its report recognised the consequential role played by
new digital ecosystem 'India Stack' in helping the government agencies
and entrepreneurs achieve economic inclusion in India. IndiaStack is a set
of Application Programming Interface that allows governments,
businesses, startups and developers to utilise a unique digital
infrastructure to solve India's hard problems towards presence-less,
paperless and cashless service delivery, its website said.
• The Indian government could set an upper limit on the number of
overseas gifts any citizen can receive in a year. This comes as the
government is worried that many of China’s online merchants are abusing
the country’s no-cap rule on duty-free gifts.
• Asian equity markets were mostly lower as investors remained cautious
because of falling oil prices, Hong Kong protests and G20 uncertainty.
Markets are pinning their hopes to the summit as U.S. and China could
trade issues in it. Today (as of June 14), Asian markets opened modestly
lower on concerns over tension in the Middle East. Investors awaited
release of China’s industrial production data for May 2019 due later in the
day. Nikkei grew 0.28% while Hangseng fell 0.40% (as at 8.a.m. IST).
• As per the last close, European markets closed higher on expectations of
rate cut by U.S. Federal Reserve (Fed) in 2019 and rebound in crude oil
prices. However, worries over U.S.-China trade tensions and geopolitical
concerns, restricted the gains.
• As per the last close, U.S markets closed higher amid optimism that U.S.
Fed will cut interest rate in the near-term after a report showed bigger
than expected decline in U.S. import and export prices in May 2019. Gains
in oil, natural gas and steel stocks boosted the indices.
Markets for You
FII Derivative Trade Statistics 13-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 2666.23 2838.86 19742.22
Index Options 205926.36 205001.27 57568.35
Stock Futures 9196.20 9478.85 86001.85
Stock Options 3776.87 3842.52 4696.97
Total 221565.66 221161.50 168009.39
13-Jun Prev_Day
Change
Put Call Ratio (OI) 1.37 1.33 0.04
Indian Debt Market
Put Call Ratio(Vol) 0.85 0.80 0.05
13-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 5.69% 5.85% 5.92% 6.08%
T-Repo 5.58% 5.73% 5.89% NA
Repo 5.75% 5.75% 6.00% 6.25%
Reverse Repo 5.50% 5.50% 5.75% 6.00%
91 Day T-Bill 5.93% 5.86% 6.48% 6.43%
364 Day T-Bill 6.12% 6.02% 6.50% 7.02%
10 Year Gilt 7.01% 6.93% 7.39% 7.93%
G-Sec Vol. (Rs.Cr) 58653 105050 33866 27689
Currency Market Update
FBIL MIBOR* 5.80% 5.95% 6.07% 6.21%
3 Month CP Rate 6.70% 6.50% 7.70% 7.75%
5 Year Corp Bond 8.07% 7.89% 8.52% 8.72%
1 Month CD Rate 6.08% 6.04% 6.95% 6.99%
3 Month CD Rate 6.34% 6.26% 7.26% 7.16%
1 Year CD Rate 7.33% 7.11% 7.59% 8.44%
Commodity Market Update
Currency 12-Jun Prev_Day
Change
USD/INR 69.40 69.42 -0.03
GBP/INR 88.33 88.04 -0.03
EURO/INR 78.70 78.58 -0.03
International News
JPY/INR 0.64 0.64 -0.03
Commodity 13-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 52.33 52.54 60.92 66.63
Brent Crude($/bl) 64.72 64.21 73.29 74.16
Gold( $/oz) 1342 1335 1300 1299
Gold(Rs./10 gm) 32632 32611 31961 30385
Source: Thomson Reuters Eikon
*As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 June 2019
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Jun 2019 Futures were at 11,928.30, a premium of 14.25 points,
above the spot closing of 11,914.05. The turnover on NSE’s Futures and
Options segment increased to Rs. 24,76,549.11 crore on Jun 13, 2019,
compared with Rs. 11,29,362.76 crore on Jun 12, 2019.
• The Put-Call ratio stood at 0.73 compared with the previous session’s
close of 0.88.
• The Nifty Put-Call ratio stood at 1.37 compared with the previous
session’s close of 1.33.
• Open interest on Nifty Futures stood at 19.82 million, compared with
the previous session’s close of 19.78.
• Bond yield was unchanged as the impact of the retail inflation data for
May 2019 was erased by the rise in crude oil prices after a reported
attack on oil tankers in the Gulf of Oman.
• Yield on the 10-year benchmark paper (7.26% GS 2029) remained
unchanged at 7.01% compared with the previous close after trading in a
range of 6.96% to 7.03%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 5,142 crore (gross) on Jun 13, 2019, compared
with Rs. 4,347 crore (gross) as on Jun 12, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 10,767
crore on Jun 12, 2019.
• RBI announced to conduct underwriting auction of 7.00% GS 2021,
7.27% GS 2026, 7.57% GS 2033, 7.62% GS 2039 and 7.63% GS 2059 for
aggregate amount of Rs. 17,000 crore.
• The Indian rupee depreciated as crude oil prices rebound after reported
attacks on oil tankers in the Gulf of Oman. This also made oil importers
step up their greenback purchases.
• The euro was nearly flat against the greenback following the release of
German’s inflation data. The consumer price index rose 0.2%, which
matched expectations. In addition, Italy’s unemployment data also came
in line with expectations.
• Gold prices were up against the greenback after the release of U.S. CPI
for May 2019, which barely showed an improvement.
• Brent crude prices surged more than 2% on media reports saying that
multiple oil tankers were attacked in the Gulf of Oman, which raised fears
of supply crunch.
• Labor Department report showed a modest increase in U.S. consumer
prices in May 2019, matching estimates. The Labor Department said its
consumer price index inched up 0.1% in May after rising 0.3% in Apr
2019.
• Eurostat data showed eurozone industrial production fell at the fastest
rate in four months in Apr 2019, in line with expectations. Industrial
production declined 0.5% MoM in Apr 2019, following a 0.4% fall in Mar
2019. The latest decrease in production was the worst since Dec 2018,
when it was down 0.9%. The latest decline was driven by 1.7% fall in
durable consumer goods.
Markets for You
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