25 Jun 2019
Markets for You
Global Indices
Global Indices 24-Jun Prev_Day Abs. Change
% Change
Russell 3000 1,285 1,290 -4 -0.34
Nasdaq 8,006 8,032 -26 -0.32
FTSE 7,417 7,408 9 0.12
Nikkei 21,286 21,259 27 0.13
Hang Seng 28,513 28,474 39 0.14
Indian Indices 24-Jun Prev_Day Abs. Change
% Change
S&P BSE Sensex 39,123 39,194 -72 -0.18
Nifty 50 11,700 11,724 -24 -0.21
Nifty 100 11,783 11,802 -20 -0.17
Nifty 500 9,564 9,582 -18 -0.18
Nifty Bank 30,602 30,628 -26 -0.09
S&P BSE Power 2,024 2,016 7 0.37
S&P BSE Small Cap 14,063 14,084 -21 -0.15
S&P BSE HC 12,695 12,688 7 0.06
Date P/E Div. Yield P/E Div. Yield
24-Jun 28.22 1.20 28.93 1.25
Month Ago 28.91 1.20 29.44 1.11
Year Ago 23.04 1.24 26.63 1.22
Nifty 50 Top 3 Gainers
Company 24-Jun Prev_Day
% Change
United Phos 937 890 5.22
Lupin 733 713 2.81
Yes Bank 112 110 2.14
Nifty 50 Top 3 Losers Domestic News
Company 24-Jun Prev_Day
% Change
ONGC 165 171 -3.36
Eicher Motors 19098 19719 -3.15
Vedanta Limited 168 172 -2.29
Advance Decline Ratio
Advances 1034 761
Declines 1483 1058
Unchanged 186 99
Institutional Flows (Equity)
Description (Cr)
FII Flows* 75924
MF Flows** 5917
Jun 2019; **21
Jun 2019
Economic Indicator
YoY(%) Current Year Ago
25 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
Quarter Ago
Indian equity markets fell as tensions in the Middle East rose with the
U.S. saying "significant" sanctions on Iran would be announced by Jul 1,
2019. Back home, rising oil prices and resignation of the Reserve Bank of
India (RBI) deputy governor dented sentiment.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.18% and
0.21%, respectively to close at 39,122.96 and 11,699.65, respectively. S&P
BSE Mid-Cap and S&P BSE Small Cap lost 0.32%, and 0.15%, respectively.
The overall market breadth on BSE was weak with 1034 scrips
advancing and 1483 scrips declining. A total of 186 scrips remained
On the BSE sectoral front, S&P BSE Power was the major gainer, up
0.37%, followed by S&P BSE Capital Goods and S&P BSE FMCG and S&P
BSE Healthcare, up 0.29% and 0.19%, respectively. S&P BSE Oil & Gas was
the major loser, down 1.59%, followed by S&P BSE Metal and S&P BSE
Energy, down 1.44% and 1.23%, respectively. S&P BSE Realty and S&P BSE
Utilities lost 1% and 0.48%, respectively.
Electronics exports have jumped 39% YoY to a record $8.9 billion in
FY19 and 28% YoY in Apr 2019 to $715 million and 51% in May 2019 to
$911 million, according to “quick estimates” by the commerce ministry,
media reports said. In contrast, total goods exports grew just 0.6% in Apr
and 3.9% in May. Exports of telecom instruments, including mobile
phones, jumped almost 70% to $195.3 million in Apr (up to which
segregated data are available), while electronics instruments saw an over
27% rise to $228.3 million. This comes after massive electronics imports
have long exerted pressure on India’s current account.
An expert panel for macroeconomics and employment has given its
suggestions to achieve $5-trillion economy target. The Prime Minister had
an interaction with economists and industry experts on India’s current
economic situation on Jun 22, 2019. Improvement of governance in PSU
banks, enhancing growth rate of exports & employment generation were
some of the key areas identified, Niti Aayog said.
Glenmark Farmacutica, a subsidiary of Glenmark Pharmaceuticals has
entered into an exclusive partnership agreement with Novartis
Biosciences SA for three respiratory products in Brazil. The products are
Glycopyrronium bromide, Indacaterol and Ultibro which is a combination
of Indacaterol and Glycopyrronium. These products are used for relief of
symptoms in adults with chronic obstructive pulmonary disease.
Larsen & Toubro (L&T) announced that its power business has received
an order from SJVN Thermal Pvt Ltd. As per the order, the power business
has to set up an ultra-supercritical power plant in Buxar district, Bihar.
Though the exact value of the contract was not specified, the engineering
and construction company specified that as per its classification, the
mega project is more than Rs. 7,000 crore.
Markets for You
Asian equity markets mostly gained though investors were cautious
because of rising trade and geopolitical tensions. Expectations of rate cut
by the U.S. Federal Reserve and the upcoming G20 meet where U.S. and
China will discuss trade issues supported sentiment. Today (as of Jun 25),
Asian markets opened lower as investors were cautious ahead of G20
summit in Japan, later this week. Both Nikkei and Hang Seng were trading
down 0.12% and 0.23%, respectively (as at 8.a.m. IST).
As per the last close, European markets closed almost lower as
investors were cautious amid geopolitical tensions between the U.S. and
Iran and ahead of G20 summit.
As per the last close, U.S markets closed almost lower as investors were
cautious ahead of G20 summit in Japan, later this week. Rising tensions
between the U.S. and Iran also weighed on the market.
FII Derivative Trade Statistics 24-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 2887.90 3047.61 23524.52
Index Options 160385.88 160064.23 62185.65
Stock Futures 15592.56 15553.61 87103.61
Stock Options 6166.89 6279.86 4596.32
Total 185033.23 184945.31 177410.10
24-Jun Prev_Day
Put Call Ratio (OI) 1.30 1.34 -0.04
Indian Debt Market
Put Call Ratio(Vol) 0.86 0.98 -0.13
24-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 5.77% 5.78% 5.88% 6.25%
T-Repo 5.52% 5.62% 5.92% NA
Repo 5.75% 5.75% 6.00% 6.25%
Reverse Repo 5.50% 5.50% 5.75% 6.00%
91 Day T-Bill 5.85% 5.93% 6.21% 6.45%
364 Day T-Bill 6.06% 6.11% 6.34% 7.05%
10 Year Gilt 6.85% 6.93% 7.23% 7.82%
G-Sec Vol. (Rs.Cr) 80775 52427 58585 29154
Currency Market Update
FBIL MIBOR* 5.90% 5.80% 6.05% 6.35%
3 Month CP Rate 6.95% 6.70% 6.90% 7.58%
5 Year Corp Bond 8.01% 8.04% 8.26% 8.71%
1 Month CD Rate 6.06% 6.06% 6.54% 6.93%
3 Month CD Rate 6.31% 6.56% 6.65% 6.93%
1 Year CD Rate 7.16% 7.15% 7.44% 8.04%
Commodity Market Update
Currency 21-Jun Prev_Day
USD/INR 69.63 69.56 0.07
GBP/INR 88.37 88.38 -0.01
EURO/INR 78.59 78.47 0.11
International News
JPY/INR 0.65 0.65 0.00
Commodity 24-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 57.68 51.89 58.39 68.82
Brent Crude($/bl) 66.60 64.00 68.97 73.41
Gold( $/oz) 1419 1339 1285 1268
Gold(Rs./10 gm) 34041 32733 31591 30484
Source: Thomson Reuters Eikon
*As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 June 2019
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Derivative Statistics- Nifty Options
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Nifty Jun 2019 Futures were at 11,717.15, a premium of 17.50 points,
above the spot closing of 11,699.65. The turnover on NSE’s Futures and
Options segment increased to Rs. 8,03,654.63 crore on Jun 24, 2019,
compared with Rs. 7,79,765.92 crore on Jun 21, 2019.
The Put-Call ratio stood at 0.91 compared with the previous session’s
close of 0.92.
The Nifty Put-Call ratio stood at 1.30 compared with the previous
session’s close of 1.34.
Open interest on Nifty Futures stood at 22.07 million, compared with
the previous session’s close of 21.49.
Bond yield declined following a surprise resignation of Viral Acharya, a
deputy governor of the Reserve Bank of India ahead of the completion of
his tenure. This fuelled hope of more interest rate cuts in the near term
as he is perceived as one of the most hawkish members of the Monetary
Policy Committee. However, reports that the submission of the much-
awaited economic capital framework report will be delayed neutralised
most of the gains.
Yield on the 10-year benchmark paper (7.26% GS 2029) went down 1
bps to 6.85% compared with the previous close of 6.86% after trading in
a range of 6.81% to 6.88%.
Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 11,382 crore (gross) on Jun 24, 2019, compared
with Rs. 5,123 crore (gross) as on Jun 21, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 31,206
crore on Jun 21, 2019.
The Indian rupee appreciated on dollar weakness as the U.S. Federal
Reserve indicated of trimming policy rates as early as next month. The
rupee closed at 69.35 a dollar, up 0.29% compared with the previous
close of 69.55.
The euro edged higher on dollar weakness as the U.S. Federal Reserve
indicated of a policy rate cut, possibly as early as next month. The euro
was last seen trading at 1.1394, up 0.25% compared with the previous
close of 1.1366.
Gold prices rose above the $1,400 an ounce mark following indications
of policy rate cut by the U.S. Federal Reserve and other central banks.
Brent crude prices stood firm on deepening geopolitical tension
between the U.S. and Iran.
A National Association of Realtors report showed a bigger than
expected jump in U.S. existing home sales in May 2019. NAR said existing
home sales increased 2.5% to an annual rate of 5.34 million in Apr 2019,
while revised data showed existing home sales in Apr were unchanged at
a rate of 5.21 million.
Cabinet Office data showed Japan's leading index improved in Apr
2019. The leading index, which measures the future economic activity
rose to 95.9 in Apr from 95.7 in Mar 2019. The flash estimate was 95.5.
The coincident index that reflects the current economic activity
increased to 102.1 in Apr from 101.1 in the preceding month. This was
the highest since Nov 2018, when the score was 102.3.
Markets for You
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