07Mar2019
MarketsforYou
GlobalIndices
GlobalIndices 06‐Mar Prev_Day Abs.Change
%Change
#
DowJones 25,673 25,807 ‐133 ‐0.52
Nasdaq 7,506 7,576 ‐70 ‐0.93
FTSE 7,196 7,183 13 0.17
Nikkei 21,597 21,726 ‐129 ‐0.60
HangSeng 29,038 28,962 76 0.26
IndianIndices 06‐Mar Prev_Day Abs.Change
%Change
#
S&PBSESensex 36,636 36,443 194 0.53
Nifty50 11,053 10,987 66 0.60
Nifty100 11,246 11,177 69 0.62
NiftyBank 27,626 27,554 72 0.26
SGXNifty 11,103 11,017 87 0.79
S&PBSEPower 1,905 1,885 20 1.07
S&PBSESmallCap 14,557 14,417 140 0.97
S&PBSEHC 14,131 14,019 111 0.80
Date P/E Div.Yield P/E Div.Yield
6‐Mar 26.98 1.16 27.09 1.22
MonthAgo 23.64 1.14 27.39 1.22
YearAgo 23.06 1.18 25.02 1.21
Nifty50Top3Gainers
Company 06‐Mar Prev_Day
%Change
#
BPCL 373 363 2.81
BajajFinance 2767 2695 2.65
ICICIBank 372 363 2.40
Nifty50Top3Losers DomesticNews
Company 06‐Mar Prev_Day
%Change
#
Wipro 277 364 ‐23.69
ZeeEnte. 471 484 ‐2.80
TataMotors 189 194 ‐2.71
AdvanceDeclineRatio
BSE NSE
Advances 1685 1246
Declines 1009 617
Unchanged 156 75
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 16118
MFFlows** 9723
*6
th
Mar2019;**5
th
Mar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)
07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
358
‐1870
3.38%
(Oct‐18)
• Indian equity markets closed in the green for the third consecutive
session despite mixed global cues. Investors awaited further progress in
discussions between U.S. and China and remained focused on the Brexit
negotiations. Gains in metal stocks and finance stocks boosted the indices.
Metal stocks witnessed buying interest following reports that China’s
government would implement measures to boost domestic consumption.
• Decline in crude oil prices and strength in rupee added to the gains.
Crude oil prices witnessed decline due to bullish output expectations by
two big U.S. producers and reports of rise in U.S. crude inventory.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.53% and
0.60% to close at 36,636.10 and 11,053.00, respectively. S&P BSE Mid‐Cap
and S&P BSE Small Cap grew 0.49% and 0.97%, respectively.
• The overall market breadth on BSE was strong with 1,685 scrips
advancing and 1,009 scrips declining. A total of 156 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Energy stood as the major gainer,
followed by S&P BSE Consumer Durables and S&P BSE Telecom. S&P BSE
Auto stood as the loser, down 0.24%.
• The Reserve Bank of India (RBI) announced that Rs. 12,500 crore would
be injected into the financial system through open market operations
(OMOs). OMOs will be purchased through multi‐security auction using the
multiple price method on Mar 7, 2019. Also, it stated that the
announcement is based on an assessment of liquidity conditions and
durable liquidity needs.
• The World Bank and the government of India signed an agreement as
per which the former will provide loan worth $250 million to India for the
National Rural Economic Transformation Project (NRETP). The project
focuses on promoting women‐owned and women‐led farm and non‐farm
enterprises across value chains. Also, it will emphasize in building
businesses that will help them to access finance, markets and networks
and generate employment.
• According to a data from Indian Energy Exchange, the peak demand for
power across the country in grew 3% YoY to 162 GW in Feb 2019 as
against 157 GW in the year‐ago period. Meanwhile, the peak demand
remained unchanged against Jan 2019. As per the reports, the energy
supplied in Feb was higher by 3% YoY at 95 billion units (BU) on an all India
basis.
• According to media reports, by May 2019, U.S. has decided to withdraw
duty benefits on annual exports worth $5.6 billion from India. As per the
reports, the decision is based on the assumption that New Delhi has not
been able to assure U.S. “equitable and reasonable” market access. The
announcement comes at a time when the two countries were about to
close to a friendly trade deal that would have put up the principal
interests of both the nations.
• Truck rentals have fell by approximately 3%‐3.5% in Feb 2019 after
falling in the range of 1.5%‐2% in Jan 2019. The decline comes despite an
increase in the cost of diesel. Indian Foundation of Transport Research and
Training (IFTRT) that tracks truck rentals across the country stated that
rentals have come off by as much as 13%‐13.5% since Nov 2018. Also, it
stated that the higher turnaround time for trucks is leading to additional
logistics costs.
• Asian markets witnessed a mixed trend as positive impact of the
stimulus measures announced by Chinese policymakers was neutralised
by anxiety over the progress on U.S.‐ China trade talks and investors
remained focused on Brexit negotiations. Today (as of Mar 07), Asian
markets opened on a lower note following decline on the Wall Street
Overnight. Both Nikkei and Hang Seng were trading lower 0.73% and
0.25%, respectively (as at 8 a.m. IST).
• As per the last close, European markets mostly closed lower as growth
worries resurfaced after data showed U.S. trade deficit surged to its
highest level in a decade in 2018. Market participants also reacted to
events on Brexit and U.S.‐China trade deal.
• As per the last close, U.S markets fell on geopolitical concerns between
the U.S. and North Korea after the later was reported to rebuilding a long‐
range rocket, which it pledged to dismantle. A report from payroll
processorADPshowingU.S.privatesectorjobgrowthslowedinFeb2019,
added to the losses.
MarketsforYou
FIIDerivativeTradeStatistics 06‐Mar
(RsCr) Buy Sell OpenInt.
IndexFutures 2787.77 2643.84 15943.53
IndexOptions 128818.95 128337.31 50345.11
StockFutures 12628.59 12069.10 87243.62
StockOptions 6996.31 6991.31 4873.08
Total 151231.62 150041.56 158405.34
06‐Mar Prev_Day Change
PutCallRatio(OI) 1.80 1.76 0.04
IndianDebtMarket
PutCallRatio(Vol) 1.06 1.00 0.06
06‐Mar Wk.Ago Mth.Ago YearAgo
CallRate 6.18% 6.26% 6.42% 5.87%
T‐Repo 6.13% 6.26% 6.34% NA
Repo 6.25% 6.25% 6.50% 6.00%
ReverseRepo 6.00% 6.00% 6.25% 5.75%
91DayT‐Bill 6.40% 6.36% 6.51% 6.28%
364DayT‐Bill 6.51% 6.55% 6.78% 6.63%
10YearGilt 7.39% 7.47% 7.36% 7.77%
G‐SecVol.(Rs.Cr) 21068 35604 27325 18140
CurrencyMarketUpdate
FBILMIBOR* 6.27% 6.35% 6.49% 6.05%
3MonthCPRate 7.70% 7.75% 7.65% 7.93%
5YearCorpBond 8.41% 8.42% 8.53% 8.24%
1MonthCDRate 6.53% 6.75% 6.60% 7.23%
3MonthCDRate 7.28% 7.34% 7.17% 7.24%
1YearCDRate 7.70% 7.96% 8.02% 7.56%
CommodityMarketUpdate
Currency 06‐Mar Prev_Day Change
USD/INR 70.58 70.76 ‐0.18
GBP/INR 92.72 93.12 ‐0.40
EURO/INR 79.77 80.16 ‐0.39
InternationalNews
JPY/INR 0.63 0.63 0.00
Commodity 06‐Mar WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 56.17 56.87 53.89 62.53
BrentCrude($/bl) 63.95 65.49 62.31 66.46
Gold($/oz) 1286 1320 1306 1334
Gold(Rs./10gm) 32174 33367 33210 30438
Source:ThomsonReutersEikon
*Asonprevioustradingday
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
07March2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Mar 2019 Futures were at 11,086.80, a premium of 33.80 points,
over the spot closing of 11,053.00. The turnover on NSE’s Futures and
Options segment increased to Rs. 10,20,986.95 crore on Mar 6, 2019,
compared with Rs. 8,41,769.57 crore on Mar 5, 2019.
• The Put‐Call ratio stood at 0.99, compared with the previous session’s
close of 0.84.
• The Nifty Put‐Call ratio stood at 1.80 compared with the previous
session’s close of 1.76.
• Open interest on Nifty Futures stood at 15.64 million as against the
previous session’s close at 15.26 million.
• Bond yields rose on expectations of heavy debt supply this month. In
addition, market participants are also staying cautious ahead of Feb 2019
retail inflation data, which is scheduled to release next week.
• Yield on the existing 10‐year benchmark paper (7.17% GS 2028) rose 1
bps to close at 7.57% as compared with the previous session’s close of
7.56% after trading in the range of 7.55% to 7.59%.
• Yield on the upcoming new 10‐year benchmark paper (7.26% GS 2029)
rose 1 bps to close at 7.39% compared with the previous session’s close
of 7.38% after trading in the range of 7.37% to 7.40%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,516 crore (gross) on Mar 6, 2019, compared
with Rs. 4,791 crore (gross) as on Mar 5, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 18,866
crore on Mar 5, 2019.
• The Indian rupee rose following dollar flow, foreign fund inflows and an
upbeat domestic equity market. The rupee closed at 70.25 a dollar, up
0.33% compared with the previous close of 70.49.
• The euro slipped marginally as investors grow cautious ahead of the
European Central Bank meeting due on Mar 7, 2019. The euro was last
seen trading at 1.1304 a dollar, down 0.02% compared with the previous
close of 1.1306.
• Gold prices moved down as dollar firmed with the release of positive
housing and service sector activity data.
• Brent crude prices marginally edged lower after two American energy
corporations revealed plans of augmenting production in the next five
years.
• According to the Institute for Supply Management, U.S. non‐
manufacturing index rose more than expected to 59.7 in Feb 2019 from
56.7 in Jan 2019. The major reason for increase was due to significant
increase in the pace of new orders growth.
• According to the data released by the Commerce Department, U.S. new
home sales rose 3.7% MoM to an annual rate of 621,000 in Dec 2018
following 9.1% rise to a revised rate of 599,000 in Nov 2018. However, on
a yearly basis, new home sales fell 2.4% compared to the same month a
year ago.
• According to data from IHS Markit, eurozone services Purchasing
Managers' Index (PMI) rose to three‐month high to 52.8 in Feb 2019 from
51.2 in Jan 2019. Similarly, the composite PMI also rose to a three‐month
high of 51.9 in Feb 2019 from 51 in Jan 2019.
MarketsforYou
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