14Mar2019
MarketsforYou
GlobalIndices
GlobalIndices 13‐Mar Prev_Day Abs.Change
%Change
#
DowJones 25,703 25,555 148 0.58
Nasdaq 7,643 7,591 52 0.69
FTSE 7,159 7,151 8 0.11
Nikkei 21,290 21,504 ‐213 ‐0.99
HangSeng 28,807 28,921 ‐113 ‐0.39
IndianIndices 13‐Mar Prev_Day Abs.Change
%Change
#
S&PBSESensex 37,752 37,536 217 0.58
Nifty50 11,342 11,301 41 0.36
Nifty100 11,527 11,500 27 0.24
NiftyBank 28,884 28,444 441 1.55
SGXNifty 11,400 11,333 67 0.59
S&PBSEPower 1,949 1,965 ‐16 ‐0.81
S&PBSESmallCap 14,875 14,921 ‐46 ‐0.31
S&PBSEHC 14,099 14,333 ‐234 ‐1.63
Date P/E Div.Yield P/E Div.Yield
13‐Mar 27.90 1.14 27.80 1.19
MonthAgo 23.35 1.17 26.60 1.25
YearAgo 23.39 1.16 25.45 1.25
Nifty50Top3Gainers
Company 13‐Mar Prev_Day
%Change
#
IndusIndBank 1636 1569 4.29
YesBank 244 236 3.58
BajajFinance 2828 2753 2.73
Nifty50Top3Losers DomesticNews
Company 13‐Mar Prev_Day
%Change
#
Lupin 763 801 ‐4.66
BhartiAirtel 338 352 ‐3.99
Vedanta 172 178 ‐3.84
AdvanceDeclineRatio
BSE NSE
Advances 1056 657
Declines 1678 1184
Unchanged 154 90
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 26715
MFFlows** 8492
*13
th
Mar2019;**7
th
Mar2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
2.57%
(Feb‐19)
4.44%
(Feb‐18)
IIP
1.70%
(Jan‐19)
7.50%
(Jan‐18)
GDP
6.60%
(Dec‐18)
7.70%
(Dec‐17)
14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
8.40%
(Oct‐18)
7.10%
(Sep‐18)
QuarterAgo
Inflow/Outflow
‐483
3557
2.33%
(Nov‐18)
• According to Society of Automobile Manufacturers Association (SIAM),
Feb 2019 total sales in retail declined 8.06%, whereas wholesale sales
dropped 3.05%. This has happened due to weak consumer demand, which
has hit sales into the sixth straight month. In retail, passenger car sales
dropped 8.25%, while two‐wheeler and commercial vehicle sales dropped
7.97% and 7.08%, respectively. Dealers said inventory levels across all
categories are now unsustainable.
• According to media reports, officials of the Central GST have found an
alleged tax fraud of Rs. 224 crore and detected fake invoices worth Rs.
1,289 crore by a group of eight companies. These companies are involved
in the trade of iron and steel products. A key suspect involved in the
racket has been arrested and Rs. 19.75 crore recovered from him, a press
release from the Hyderabad Central GST Commissionerate said.
• Media reports said, Niti Aayog and the commerce ministry are working
on an index to rank states on their readiness for exports and promote a
healthy competition among them. The export index will rank states on
half‐a‐dozen key parameters, including their policies, ease of doing
business, infrastructure access to finance, and output, which will assess
the overall export market and exports from each state. There will be 30‐40
parameters under the six main sub‐heads, based on international trade
parameters but tweaked to Indian scenario.
• Asian equity markets mostly fell after the British Prime Minister lost a
Parliament vote on her second Brexit proposal. A "free vote" will be next
on a no‐deal Brexit and if it fails, a further vote on Mar 14, 2019, will
decide whether to stretch the Brexit deadline. Also, U.S. trade
representative said "major issues" must still be resolved for a successful
U.S.‐China trade agreement. Today (as of Mar 14), Asian markets opened
almost higher following gains on Wall Street in the last session and as U.K.
lawmakers rejected a no‐deal Brexit. Nikkei and Hangseng grew 0.41% and
0.14%, respectively (as at 8.a.m. IST).
• As per the last close, European markets closed on a positive note as
eurozone's industrial production grew in Jan 2019 after declining in the
previous two months. Stocks gained ahead of no‐deal Brexit vote.
• As per the last close, U.S markets closed higher due to investors’ positive
reaction on unexpected increase in durable goods orders in Jan 2019.
Gains in biotechnology, energy and steel stocks boosted the indices.
• Indian equity markets gained for the third consecutive session. A strong
rupee with support from healthy foreign fund inflows and hopes of
another rate‐cut by the Reserve Bank of India in Apr 2019 buoyed investor
sentiment.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.58% and
0.36% to close at 37,752.17 and 11,341.70, respectively. S&P BSE Mid‐Cap
and S&P BSE Small Cap lost 0.43% and 0.31%, respectively.
• The overall market breadth on BSE was weak with 1056 scrips advancing
and 1678 scrips declining. A total of 154 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up
1.42%, followed by S&P BSE Finance and S&P BSE Realty, up 1.2% and
0.65%, respectively. S&P BSE Energy and S&P BSE Fast Moving Consumer
Goods gained 0.56% and 0.05%, respectively. S&P BSE Telecom was the
majorloser,down2.6%,followedbyS&PBSEMetalandS&PBSEBasic
Healthcare, down 1.86% and 1.63%, respectively. S&P BSE Basic Materials
and S&P BSE Utilities lost 0.95% and 0.93%, respectively.
MarketsforYou
FIIDerivativeTradeStatistics 13‐Mar
(RsCr) Buy Sell OpenInt.
IndexFutures 5430.76 3455.54 21403.59
IndexOptions 158111.41 158709.54 66393.72
StockFutures 12812.40 12591.54 88679.64
StockOptions 7958.43 8032.97 7416.69
Total 184313.00 182789.59 183893.64
13‐Mar Prev_Day Change
PutCallRatio(OI) 1.81 1.81 0.00
IndianDebtMarket
PutCallRatio(Vol) 0.95 0.96 ‐0.01
13‐Mar Wk.Ago Mth.Ago YearAgo
CallRate 6.17% 6.18% 6.14% 5.86%
T‐Repo 6.14% 6.13% 6.12% NA
Repo 6.25% 6.25% 6.25% 6.00%
ReverseRepo 6.00% 6.00% 6.00% 5.75%
91DayT‐Bill 6.35% 6.40% 6.31% 6.05%
364DayT‐Bill 6.48% 6.51% 6.49% 6.54%
10YearGilt 7.38% 7.39% 7.29% 7.65%
G‐SecVol.(Rs.Cr) 27976 21068 59946 26628
CurrencyMarketUpdate
FBILMIBOR* 6.26% 6.27% 6.44% 6.00%
3MonthCPRate 7.55% 7.70% 7.40% 7.74%
5YearCorpBond 8.40% 8.41% 8.34% 8.25%
1MonthCDRate 7.16% 6.53% 6.43% 7.08%
3MonthCDRate 7.30% 7.28% 7.19% 7.03%
1YearCDRate 7.85% 7.70% 7.75% 7.41%
CommodityMarketUpdate
Currency 13‐Mar Prev_Day Change
USD/INR 69.62 69.60 0.03
GBP/INR 91.15 91.87 ‐0.72
EURO/INR 78.57 78.34 0.23
InternationalNews
JPY/INR 0.63 0.63 0.00
Commodity 13‐Mar WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 58.22 56.17 53.79 60.68
BrentCrude($/bl) 65.33 63.95 63.66 64.19
Gold($/oz) 1309 1286 1306 1326
Gold(Rs./10gm) 32225 32174 32855 30238
Source:ThomsonReutersEikon
*Asonprevioustradingday
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
14March2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Bond yields rose as retail inflation rate for Feb 2019 came in higher than
expectation. In addition, lack of clarity on additional open market
purchases for Mar also pushed the yield higher.
• Yield on the existing 10‐year benchmark paper (7.17% GS 2028) rose 4
bps to 7.55% as compared with the previous session’s close of 7.51% after
trading in the range of 7.52% to 7.55%.
• Yield on the upcoming new 10‐year benchmark paper (7.26% GS 2029)
rose 2 bps to close at 7.38% compared with the previous session’s close
of 7.36% after trading in the range of 7.36% to 7.38%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 7,921 crore (gross) on Mar 13, 2019, compared
with Rs. 2,991 crore (gross) as on Mar 12, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 34,913
crore on Mar 12, 2019.
• Gold prices rose over Brexit uncertainties as the vote in the British
Parliament may extend the deadline.
• Brent crude prices edged higher after Saudi Arabia announced its
production cut plan for Apr to further tighten the oil market.
• Commerce Department data showed new orders for U.S. durable goods
unexpectedly increased in the Jan 2019. The report said durable goods
orders climbed 0.4% in Jan 2019 after increasing 1.3% in Dec 2018.
• A Labor Department report showed a modest increase in U.S. producer
prices in Feb 2019. The Labor Department said its producer price index
for final demand increased lower than expected 0.1% in Feb after edging
down 0.1% in Jan 2019. Excluding food and energy prices, core producer
prices also inched up 0.1% in Feb after climbing 0.3% in the previous
months.
• Nifty Mar 2019 Futures were at 11,366.65, a premium of 24.95 points,
over the spot closing of 11,341.70. The turnover on NSE’s Futures and
Options segment increased to Rs. 13,14,637.59 crore on Mar 13, 2019,
compared with Rs. 10,17,692.97 crore on Mar 12, 2019.
• The Put‐Call ratio stood at 0.79, compared with the previous session’s
close of 0.81.
• The Nifty Put‐Call ratio stood unchanged at 1.81 compared with the
previous session’s close.
• Open interest on Nifty Futures stood at 20.39 million as against the
previous session’s close at 18.77 million.
• The Indian rupee appreciated against the greenback on account of dollar
sales by exporters. The rupee closed at 69.54 a dollar, up 0.24% compared
with the previous close of 69.70.
• The euro saw a marginally improvement against the greenback following
the release of better than anticipated eurozone’s industrial production
figures for Jan 2019. The euro was last seen trading at 1.1290 a dollar, up
0.04% compared with the previous close of 1.1286.
MarketsforYou
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