05Mar2019
MarketsforYou
GlobalIndices
GlobalIndices 04‐Mar Prev_Day Abs.Change
%Change
#
DowJones 25,820 26,026 ‐207 ‐0.79
Nasdaq 7,578 7,595 ‐18 ‐0.23
FTSE 7,134 7,107 28 0.39
Nikkei 21,822 21,603 219 1.02
HangSeng 28,960 28,812 147 0.51
IndianIndices 01‐Mar Prev_Day Abs.Change
%Change
#
S&PBSESensex 36,064 35,867 196 0.55
Nifty50 10,864 10,793 71 0.66
Nifty100 11,041 10,960 81 0.74
NiftyBank 27,044 26,790 254 0.95
SGXNifty 10,933 10,794 140 1.29
S&PBSEPower 1,849 1,829 20 1.10
S&PBSESmallCap 13,982 13,690 292 2.13
S&PBSEHC 13,887 13,761 127 0.92
Date P/E Div.Yield P/E Div.Yield
1‐Mar 26.53 1.19 26.49 1.24
MonthAgo 23.70 1.17 26.40 1.24
YearAgo 23.61 1.16 25.59 1.19
Nifty50Top3Gainers
Company 01‐Mar Prev_Day
%Change
#
ZeeEnte. 486 467 4.21
HPCL 233 223 4.19
Lupin 787 764 2.99
Nifty50Top3Losers DomesticNews
Company 01‐Mar Prev_Day
%Change
#
BhartiAirtel 308 318 ‐3.27
BajajAuto 2864 2901 ‐1.28
AxisBank 702 710 ‐1.01
AdvanceDeclineRatio
BSE NSE
Advances 1900 1432
Declines 681 380
Unchanged 125 82
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 13822
MFFlows** 14180
*1
st
Mar2019;**28
th
Feb2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
2.05%
(Jan‐19)
5.07%
(Jan‐18)
IIP
2.40%
(Dec‐18)
7.30%
(Dec‐17)
GDP
6.60%
(Dec‐18)
7.70%
(Dec‐17)
05March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
4.60%
(Sep‐18)
7.10%
(Sep‐18)
QuarterAgo
Inflow/Outflow
‐355
864
3.38%
(Oct‐18)
• The Nikkei India Manufacturing Purchasing Managers' Index (PMI) rose
to 54.3 in Feb 2019 from 53.9 in Jan 2019 driven by sharp increase in sales
that boosted growth of output and employment. This marked a 14‐month
high. Business conditions witnessed robust improvement, thereby marking
the strongest growth over 14‐ year period. Inflows of new work at Indian
goods producers continued to expand during Feb due to advertising
efforts, supportive government policies and strengthening demand
conditions.
• According to a Labour Ministry statement, retail inflation for industrial
workers rose 6.6% YoY in Jan 2019 as against 5.11% in Jan 2018. The
increase came due to higher prices of certain food items. The inflation
stood at 5.24% in Dec 2018.
• According to the Finance Ministry, Goods and Services Tax (GST)
collections dropped to Rs 97,247 crore in Feb 2018 from Rs 1.02 lakh crore
in the previous month. GST collections from Apr 18 to Feb 2019 accounted
to Rs. 10.70 lakh crore. The government has lowered the GST collection
target for FY19 to Rs. 11.47 lakh crore from Rs. 13.71 lakh crore budgeted
initially. For FY20, the GST collection target has been budgeted at Rs.
13.71 lakh crore.
• The Reserve Bank of India (RBI) has formed a task force on offshore
rupee market that will find ways to move non‐resident Indian to the
domestic market and to also improve liquidity to promote on‐shore
hedging activity. The responsibility of the task force will be to examine
offshore rupee markets in detail and recommend appropriate policy
measures that also factor in the requirement of ensuring the stability of
the external value of the rupee.
• The Union Cabinet has cleared a Rs. 10,000‐crore programme under the
Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles
(FAME)‐II scheme for a period of three years effective from Apr 1, 2019.
The main objective of the scheme is to encourage faster adoption of
electric and hybrid vehicles by giving upfront incentive on purchase of
electric vehicles (EV) and by establishing necessary charging infrastructure
for EV.
MarketsforYou
• Asian markets witnessed buying spree following media reports that both
U.S. and China are moving close to reach a trade deal. A summit between
U.S. President and his Chinese counterpart to sign a final trade deal is
expected to happen later this month. Today (as of Mar 05), Asian markets
opened on a lower note following decline on the Wall Street Overnight.
Both Nikkei and Hang Seng were trading lower 0.41% and 0.68%,
respectively (as at 8 a.m. IST).
• As per the last close, European markets mostly rose as market
participants bought stocks, on hopes that the U.S. and China will sign a
trade deal before the end of this month according to media reports.
Markets were also tracking news on the Brexit front.
• As per the last close, U.S markets closed on a negative note after rising
initially. Market rose initially on media reports the U.S. and China are in
the final stage of negotiations on a long‐term trade deal. However, gains
reversed on profit taking.
• Indian equity markets gained on positive Asian cues and lowering of
tension between Indian and Pakistan. China rallied as weighting of Chinese
mainland shares will be quadruple by global index provider MSCI in its
global benchmarks later in 2019. This made investors shrug off even weak
GDP numbers for the third quarter and core industries data for Jan 2019.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.55% and
0.66% to close at 36,063.81 and 10,863.50, respectively. S&P BSE Mid‐Cap
and S&P BSE Small Cap gained 1.29% and 2.13%, respectively.
• The overall market breadth on BSE was strong with 1900 scrips
advancing and 681 scrips declining. A total of 125 scrips remained
unchanged.
• On the BSE sectoral front, all the sectors except S&P BSE Telecom
gained. S&P BSE Basic Materials was the major gainer, up 1.66%, followed
by S&P BSE Industrials and S&P BSE Metal, up 1.59% and 1.57%,
respectively. S&P BSE Capital Goods and S&P BSE Finance gained 1.37%
and 1.1%, respectively. S&P BSE Power and S&P BSE Utilities gained 1.1%
and 0.99%, respectively. S&P BSE Telecom was the only loser, down
1.34%.
FIIDerivativeTradeStatistics 01‐Mar
(RsCr) Buy Sell OpenInt.
IndexFutures 6985.51 5770.86 15567.23
IndexOptions 196411.69 194402.63 43712.17
StockFutures 21172.97 20564.41 82873.30
StockOptions 5168.56 4529.71 1420.66
Total 229738.73 225267.61 143573.36
01‐Mar Prev_Day Change
PutCallRatio(OI) 1.29 1.69 ‐0.40
IndianDebtMarket
PutCallRatio(Vol) 1.12 1.02 0.11
01‐Mar Wk.Ago Mth.Ago YearAgo
CallRate 6.20% 6.34% 6.43% 5.91%
T‐Repo 6.20% 6.32% 6.35% NA
Repo 6.25% 6.25% 6.50% 6.00%
ReverseRepo 6.00% 6.00% 6.25% 5.75%
91DayT‐Bill 6.38% 6.30% 6.50% 6.23%
364DayT‐Bill 6.51% 7.53% 6.73% 6.64%
10YearGilt 7.56% 7.60% 7.61% 7.74%
G‐SecVol.(Rs.Cr) 32544 32550 76524 16436
CurrencyMarketUpdate
FBILMIBOR 6.30% 6.35% 6.55% 6.05%
3MonthCPRate 7.80% 7.75% 7.60% 7.88%
5YearCorpBond 8.30% 8.52% 8.56% 8.17%
1MonthCDRate 6.96% 6.50% 6.72% 7.24%
3MonthCDRate 7.30% 7.37% 7.19% 7.28%
1YearCDRate 7.69% 7.73% 7.96% 7.62%
CommodityMarketUpdate
Currency 01‐Mar Prev_Day Change
USD/INR 70.97 71.20 ‐0.23
GBP/INR 94.09 94.70 ‐0.62
EURO/INR 80.72 80.98 ‐0.26
InternationalNews
JPY/INR 0.63 0.64 ‐0.01
Commodity 04‐Mar WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 56.55 55.29 54.52 61.18
BrentCrude($/bl) 63.88 64.56 62.70 65.05
Gold($/oz) 1286 1327 1312 1322
Gold(Rs./10gm)^ 32819 33252 33262 30269
Source:ThomsonReutersEikon ^Ason01‐03‐19
Disclaimer:
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
05March2019
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DerivativeStatistics‐NiftyOptions
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Bond yields declined on speculations that the Indian Monetary Policy
Committee may again cut interest rate in the upcoming Apr meet
following lower‐than‐expected economic growth. However, the ongoing
geo‐political tension between India and Pakistan continued to weigh on
the market sentiment.
• Yield on the existing 10‐year benchmark paper (7.17% GS 2028)
declined 3 bps to close at 7.56% as compared with the previous session’s
close of 7.59% after trading in the range of 7.54% to 7.59%.
• Yield on the upcoming new 10‐year benchmark paper (7.26% GS 2029)
declined 6 bps to close at 7.38% compared with the previous session’s
close of 7.41% after trading in the range of 7.36% to 7.41%.
• Banks borrowed Rs. 6,102 crore under the central bank’s Marginal
Standing Facility on Feb 28, 2019 compared with borrowings of Rs. 601
crore on Feb 27, 2019.
• According to a report from the commerce department, U.S. real gross
domestic product grew 2.6% in the fourth quarter of 2018 as against
growth of 3.4% in the third quarter 2018. U.S. GDP growth came in higher
than market expectations.
• According to a report from the Labor Department, U.S. initial jobless
claims grew to 225,000 for the week ended Feb 23, 2019, up 8,000 as
against the previous week's upwardly revised level of 217,000 (originally
reported 216,000). Continuing claims grew by 79,000 to 1.805 million in
the week ended Feb 16, 2019.
MarketsforYou
• Nifty Mar 2019 Futures were at 10,917.05, a premium of 53.55 points,
over the spot closing of 10,863.50. The turnover on NSE’s Futures and
Options segment decreased to Rs. 4,05,111.45 crore on Mar 1, 2019,
compared with Rs. 17,01,134.76 crore on Feb 28, 2019.
• The Put‐Call ratio stood at 0.92, compared with the previous session’s
close of 0.89.
• The Nifty Put‐Call ratio stood at 1.69 compared with the previous
session’s close of 1.29.
• Open interest on Nifty Futures stood at 14.97 million as against the
previous session’s close at 24.78 million.
• The Indian rupee moved down as dollar firmed after upbeat U.S.
economic growth numbers for the last quarter of 2018. The rupee closed
at 70.91 a dollar, down 0.26% compared with the previous close of 70.72.
• The euro weakened against the greenback on growing possibility that
the European Central Bank may adopt additional liquidity measures in its
upcoming monetary policy review due Mar 7. The euro was last seen
trading at 1.1329 a dollar, down 0.40% compared with the previous close
of 1.1374.
• Gold prices drifted lower against the greenback on optimism that U.S.
and China are nearing their trade agreement.
• Brent crude prices went up on OPEC‐led supply cut. Rising hopes on the
U.S. and China resolving their differences to reach a trade agreement
alleviated demand concerns and lifted investor sentiment.
Thank you for
your time.