GlobalIndices 20‐Jun Prev_Day Abs.Change
DowJones 26,753 26,504 249 0.94
Nasdaq 8,051 7,987 64 0.80
FTSE 7,424 7,404 21 0.28
Nikkei 21,463 21,334 129 0.60
HangSeng 28,550 28,202 348 1.23
IndianIndices 20‐Jun Prev_Day Abs.Change
S&PBSESensex 39,602 39,113 489 1.25
Nifty50 11,832 11,691 140 1.20
Nifty100 11,901 11,753 148 1.26
NiftyBank 30,781 30,362 419 1.38
SGXNifty 11,885 11,724 161 1.37
S&PBSEPower 2,014 1,996 18 0.91
S&PBSESmallCap 14,065 13,919 146 1.05
S&PBSEHC 12,796 12,511 285 2.27
Date P/E Div.Yield P/E Div.Yield
20‐Jun 28.16 1.21 29.26 1.23
MonthAgo 29.05 1.18 29.48 1.11
YearAgo 22.80 1.25 26.52 1.22
Company 20‐Jun Prev_Day
YesBank 115 103 11.00
IndiabullsHFC 600 556 7.97
SunPharma 391 375 4.08
Nifty50Top3Losers DomesticNews
Company 20‐Jun Prev_Day
YesBank 115 103 11.00
IndiabullsHFC 600 556 7.97
SunPharma 391 375 4.08
Advances 1507 1132
Declines 1036 701
Unchanged 137 97
Description(Cr) YTD
FIIFlows* 77105
MFFlows** 4225
YoY(%) Current YearAgo
Sensex Nifty
The Indian President has announced that the government is working
towards a Rs. 25‐trillion farm productivity spend and Rs. 900‐billion annual
spend on farmers’ income support. He was giving an address to the joint
session of Parliament. The President hinted that fixing problems in the
rural economy and giving relief to farmers was the top priority of the
government during its second term.
The ministry of corporate affairs (MCA) is coming down hard on
companies that have not filed the e‐form ACTIVE by Jun 15, 2019, media
reports said. The form allows geo‐tagging of a firm’s registered office
location and includes photographs of office, directors as well as details of
CEO and other key officials. The reports said firms that haven’t filed
ACTIVE form will be tagged as “ACTIVE non‐compliant” and their directors
as director of ACTIVE non‐compliant company”. Companies that are
found non‐compliant could face action from government agencies like IT
department, ED and SEBI.
According to media reports, there seems to be no takers for coal‐bed
methane blocks even though the ministry of petroleum and natural gas
has recommended to the empowered committee of secretaries (ECS)
names of top bidders for 32 hydrocarbon blocks under Open Acreage
Licensing Policy (OALP) rounds II and III. There were eight onland, five
shallow water and one ultra‐deepwater blocks under auction for OALP‐II, a
total of 14. Under OALP‐III, out of the 23 blocks, 19 are onland (including
five coal‐bed methane), three in shallow water and one in deepwater. No
bids were received for five blocks under round III. Bids came in for 32
blocks out of the 37, but none for the CBM blocks which were carved out
by the Directorate General of Hydrocarbons and put up for auction.
Around 3,500 exporters whose customs records do not match their
income tax returns and another 3% traders are being scrutinised by the
government due to mismatch in GST filings. The Central Board of Indirect
Tax and Customs (CBIC) had issued instructions, seeking checks on refund
of integrated GST paid to exporters. There are nearly 12 lakh registered
exporters and importers with close to 1.5 lakh being active. Of that, 3,500
are under scrutiny for possible wrongdoing.
Asian equity markets gained after investors welcomed U.S. Federal
Reserve’s dovish statements. The Fed chief said it will "act as appropriate"
to sustain the U.S. economic expansion amid increasing uncertainties
about the outlook for the economy. The central bank maintained interest
rates at the same level in its meeting, as was expected. Today (as of June
21), Asian markets opened lower due to tensions in the Middle East. Both
Nikkei and Hang Seng were trading lower 0.23% and 0.10%, respectively
(as at 8 a.m. IST).
As per the last close, European markets gained after the U.S. Federal
Reserve's accommodative policy stance and expectations of more stimulus
from global central banks. Meanwhile, the Bank of England kept interest
rate steady.
As per the last close, U.S markets rose despite geopolitical tensions as
market participants continued to react positively to the U.S. Fed's
monetary policy announcement on Wednesday. Share prices of
technology and energy stocks rose.
Indian equity markets gained on positive global cues as the U.S. Fed said
it was getting ready to face global growth and economic risks with rate
cuts starting as early as Jul 2019. The U.S. central bank left interest rates
unchanged, as was expected, at its meeting.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.25% and
1.20%, respectively to close at 39,601.63 and 11,831.75, respectively. S&P
BSE Mid‐Cap and S&P BSE Small Cap increased 1.64% and 1.05%,
The overall market breadth on BSE was weak with 1507 scrips advancing
and 1036 scrips declining. A total of 137 scrips remained unchanged.
On the BSE sectoral front, all the sectors gained. S&P BSE Auto was the
major gainer, up 2.46%, followed by S&P BSE Capital Goods and S&P BSE
BSE Consumer Durables gained 2.11% and 2.08%, respectively. S&P BSE
Realty and S&P BSE Metal gained 1.92% and 1.89%, respectively.
FIIDerivativeTradeStatistics 20‐Jun
(RsCr) Buy Sell OpenInt.
IndexFutures 4852.12 4498.43 21346.59
IndexOptions 316725.22 315830.99 64200.94
StockFutures 14468.72 15043.57 85501.29
StockOptions 7046.62 7009.41 4459.79
Total 343092.68 342382.40 175508.61
20‐Jun Prev_Day Change
PutCallRatio(OI) 1.55 1.15 0.40
PutCallRatio(Vol) 1.03 0.86 0.17
20‐Jun Wk.Ago Mth.Ago YearAgo
CallRate 5.81% 5.69% 5.96% 6.24%
T‐Repo 5.68% 5.58% 5.96% NA
Repo 5.75% 5.75% 6.00% 6.25%
ReverseRepo 5.50% 5.50% 5.75% 6.00%
91DayT‐Bill 5.94% 5.93% 6.35% 6.44%
364DayT‐Bill 6.05% 6.12% 6.40% 7.07%
10YearGilt 6.79% 7.01% 7.29% 7.83%
G‐SecVol.(Rs.Cr) 86140 58653 54331 27777
FBILMIBOR* 5.90% 5.80% 6.05% 6.30%
3MonthCPRate 6.95% 6.70% 7.10% 7.55%
5YearCorpBond 7.93% 8.07% 8.30% 8.71%
1MonthCDRate 6.05% 6.08% 6.82% 6.86%
3MonthCDRate 6.32% 6.34% 7.13% 6.89%
1YearCDRate 7.14% 7.33% 7.54% 8.10%
Currency 19‐Jun Prev_Day Change
USD/INR 69.67 69.67 Closed
GBP/INR 87.49 87.49 Closed
EURO/INR 77.99 77.99 Closed
JPY/INR 0.64 0.64 Closed
Commodity 20‐Jun WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 56.83 52.33 63.07 65.92
BrentCrude($/bl) 66.88 64.72 74.20 73.59
Gold($/oz) 1388 1342 1277 1268
Gold(Rs./10gm) 33520 32632 31550 30589
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Bond yield lowered after the U.S. Federal Reserve signalled on easing
policy rates in the near future. However, the fall in yield was limited by
the surge in crude oil prices following deepening geopolitical worries after
Iranian forces shot down a U.S. military surveillance drone.
Yield on the 10‐year benchmark paper (7.26% GS 2029) moved down 5
bps to close at 6.79% compared with the previous close of 6.84% after
trading in a range of 6.73% to 6.81%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 7,127 crore (gross) on Jun 20, 2019, compared
with Rs. 4,698 crore (gross) as on Jun 19, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 10,953
crore on Jun 19, 2019.
The U.S. Federal Reserve left interest rates unchanged, as was widely
expected. The Fed chief said it will "act as appropriate" to sustain the U.S.
economic expansion amid increasing uncertainties about the outlook for
the economy. The Fed statement said the bank continues to see a
sustained economic expansion, a strong labor market, and inflation near
its 2% target as the most likely outcomes but noted uncertainties about
this outlook have increased.
Office for National Statistics showed U.K. retail sales declined for the
second straight month in May 2019. Retail sales including auto fuel fell
0.5% MoM in May, as expected, following a 0.1% drop in Apr 2019. This
was the second consecutive decrease in sales volume. Excluding auto
fuel, sales decreased 0.3% MoM, the same pace of decline as seen in Apr.
Nifty Jun 2019 Futures were at 11,849.45, a premium of 17.70 points,
above the spot closing of 11,831.75. The turnover on NSE’s Futures and
Options segment increased to Rs. 26,32,425.19 crore on Jun 20, 2019,
compared with Rs. 15,36,664.31 crore on Jun 19, 2019.
The Put‐Call ratio stood at 0.82 compared with the previous session’s
close of 0.90.
The Nifty Put‐Call ratio stood at 1.55 compared with the previous
session’s close of 1.15.
Open interest on Nifty Futures stood at 21.63 million, compared with
the previous session’s close of 20.16.
The Indian rupee appreciated against the dollar after the U.S. Federal
Reserve hinted at easing policy rates in the coming months. The rupee
closed at 69.48 a dollar, up 0.29% compared with the previous close of
The euro edged higher against the greenback after the U.S. Federal
Reserve signalled policy rate cut in the next month as part of its policy
stimulus plan. This made investors move to higher‐yielding currencies. The
euro was last seen trading at 1.1302, up 0.69% compared with the
previous close of 1.1224.
Gold prices saw a steep surge following rising geopolitical worries aftera
U.S. military drone was shot down by Iranian forces around the Strait o
Brent crude prices surged over deepening geopolitical tension after
Iranian forces said that they shot down a U.S. military surveillance drone.
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