FII Derivative Trade Statistics 14-May
(Rs Cr) Buy
Index Futures 2550.37 2688.05 19040.52
Index Options 126546.30 127454.30 62724.75
Stock Futures 12706.88 12520.57 84140.28
Stock Options 4824.46 4831.53 6581.58
Total 146628.01 147494.45 172487.13
Put Call Ratio (OI) 1.28 1.18 0.10
Indian Debt Market
Put Call Ratio(Vol) 0.86 0.81 0.06
14-May Wk. Ago Mth. Ago
Call Rate 5.91% 5.94% 6.05% 5.91%
T-Repo 5.84% 5.81% 6.00% NA
Repo 6.00% 6.00% 6.00% 6.00%
Reverse Repo 5.75% 5.75% 5.75% 5.75%
91 Day T-Bill 6.34% 6.43% 6.28% 6.12%
364 Day T-Bill 6.46% 6.49% 6.36% 6.56%
10 Year Gilt 7.38% 7.38% 7.41% 7.83%
G-Sec Vol. (Rs.Cr) 56075 37555 31676 21083
Currency Market Update
FBIL MIBOR* 6.05% 6.09% 6.10% 6.03%
3 Month CP Rate 7.50% 7.80% 7.00% 7.95%
5 Year Corp Bond 8.52% 8.50% 8.48% 8.52%
1 Month CD Rate 6.85% 6.88% 6.89% 6.61%
3 Month CD Rate 7.41% 7.22% 6.77% 7.41%
1 Year CD Rate 7.54% 7.44% 7.17% 7.89%
Commodity Market Update
Currency 13-May Prev_Day
USD/INR 70.26 69.92 0.48
GBP/INR 91.44 90.93 0.56
EURO/INR 78.92 78.49 0.55
JPY/INR 0.64 0.64 0.50
Commodity 14-May Wk Ago Mth. Ago
NYMEX Crude($/bl) 61.77 61.36 63.81 70.96
Brent Crude($/bl) 73.52 70.87 72.21 79.16
Gold( $/oz) 1297 1284 1290 1312
Gold(Rs./10 gm) 32245 31496 31673 31427
Source: Thomson Reuters Eikon
*As on previous trading day
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Derivative Statistics- Nifty Options
• Bond yields eased on expectations of a rate cut in the upcoming policy
meeting in Jun 2019. Speculations of rate cut were boosted by India’s
retail inflation of 2.92% for Apr 2019, which came in much below the
central bank’s target of 4%.
• Yield on the 10-year benchmark paper (7.26% GS 2029) declined 1 bps
to 7.38% compared with the previous session’s close of 7.39% after
trading in a range of 7.34% to 7.39%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,416 crore (gross) on May 14, 2019, compared
with Rs. 7,666 crore (gross) as on May 13, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 20,221
crore on May 13, 2019.
• Banks borrowed Rs. 52 crore under the central bank’s Marginal
Standing Facility on May 13, 2019 compared with borrowings of Rs. 66
crore on May 10, 2019.
• According to the Organisation for Economic Co-operation and
Development (OECD), the composite leading indicator made to forestall
turning points in economic activity suggested easing growth momentum
in most major economies. The leading indicator fell to 99.0 in Mar 2019
from 99.1 in Feb 2019.
• The Office for National Statistics said U.K. jobless rate declined in the
first quarter to the lowest since 1974, signaling continuing firming of the
labor market. The ILO jobless rate came in at 3.8% in the first quarter,
while the rate was expected to remain unchanged at 3.9%. The rate has
not been lower since last quarter of 1974. In the three months to Mar
2019, the number of people who were unemployed decreased by 65,000
to 1.3 million.
• Nifty May 2019 Futures were at 11,241.65, a premium of 19.60 points,
above the spot closing of 11,222.05. The turnover on NSE’s Futures and
Options segment rose to Rs. 10,68,438.44 crore on May 14, 2019,
compared with Rs. 7,20,742.67 crore on May 13, 2019.
• The Put-Call ratio stood at 0.85 compared with previous close of 0.83.
• The Nifty Put-Call ratio stood at 1.28 compared with previous session’s
close of 1.18.
• India VIX declined 1.70% to 26.9150 compared with 27.3825 at previous
• Open interest on Nifty Futures stood at 17.85 million as against previous
close at 18.41 million.
• The Indian rupee appreciated against the greenback, aided by the
recovery in the domestic equity market. The rupee closed at 70.46 a
dollar, up 0.10% compared with the previous close of 70.53.
• The euro was marginally higher against the greenback after the U.S.
President expressed optimism on resolving trade difference with China.
Both the economies struck a placatory tone on their trade negotiations.
The euro was last seen trading at 1.1232, up 0.05% compared with the
previous session’s close of 1.1223.
• Gold prices moved down after the U.S. President showed hopes in
resolving the trade tension with China.
• Brent crude prices were marginally higher on reports of escalating
geopolitical tension in the Middle East after Saudi Arabia reported an
attack on two of its oil tankers.