20 May 2019
Markets for You
Global Indices
Global Indices 17-May Prev_Day Abs. Change
% Change
Dow Jones 25,764 25,863 -99 -0.38
Nasdaq 7,816 7,898 -82 -1.04
FTSE 7,349 7,354 -5 -0.07
Nikkei 21,250 21,063 187 0.89
Hang Seng 27,946 28,275 -329 -1.16
Indian Indices 17-May Prev_Day Abs. Change
% Change
S&P BSE Sensex 37,931 37,393 537 1.44
Nifty 50 11,407 11,257 150 1.33
Nifty 100 11,486 11,342 144 1.27
Nifty Bank 29,450 28,855 595 2.06
SGX Nifty 11,407 11,301 106 0.93
S&P BSE Power 1,862 1,862 0 0.00
S&P BSE Small Cap 13,887 13,817 70 0.51
S&P BSE HC 13,201 13,334 -133 -0.99
Date P/E Div. Yield P/E Div. Yield
17-May 27.83 1.24 28.44 1.15
Month Ago 28.32 1.11 29.42 1.12
Year Ago 23.82 1.16 26.52 1.20
Nifty 50 Top 3 Gainers
Company 17-May Prev_Day
% Change
Zee Ente. 372 346 7.65
Bajaj Finance 3301 3110 6.14
Bajaj Finserv 7993 7617 4.93
Nifty 50 Top 3 Losers Domestic News
Company 17-May Prev_Day
% Change
Lupin 753 783 -3.76
Yes Bank 134 138 -2.61
HPCL 275 281 -2.28
Advance Decline Ratio
Advances 1374 1022
Declines 1141 774
Unchanged 147 111
Institutional Flows (Equity)
Description (Cr)
FII Flows* 63345
MF Flows** 3901
May 2019; **15
May 2019
Economic Indicator
YoY(%) Current Year Ago
20 May 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
According to media reports, the number of non banking financial
companies which are partnering with the banks under Reserve Bank of
India’s loan co-origination scheme are going up gradually. The
development comes as liquidity tightened in the banking system which
made the non-banking financial companies to explore cheaper routes for
raising of funds.
The 15th Finance Commission chairman expressed concerns over private
investments in the country that have remained subdued till date. He
further underlined the importance of pursuing land and labour reforms as
it would help boost the growth prospects of the country.
According to Reserve Bank of India (RBI), non banking financial
companies with an asset size of more than Rs. 5,000 crore need to appoint
a chief risk officer. The objective of the move is to tighten regulations and
increase risk management practices following a series of defaults at a
major leasing and financial services company. RBI mandated that the chief
risk officer should be appointed for a fixed period of time and cannot be
removed without the approval of the board.
As per reports, the Department for Promotion of Industry and Internal
Trade has proposed relaxation in the income tax laws pertaining to sale of
residential properties and carrying forward of losses for start up entities.
The objective of the move is to help start ups in raising of funds. According
to the new norms, entrepreneurs often sell their residential properties to
support their business and the proceeds on sale of such residential
properties will be exempted from capital gains tax if they are used to fund
a start up.
Markets for You
Indian equity markets gained as investors looked forward to exit polls.
The last phase of elections will end on May 19 and exit polls will start
coming from the same day evening. Investors are expecting a stable
government will be formed after the elections. This factor once again
overcame the weakness in global markets.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.44% and
1.33%, respectively, to close at 37,930.77 and 11,407.15, respectively. S&P
BSE Mid-Cap and S&P BSE Small Cap gained 1.08% and 0.51%,
The overall market breadth on BSE was strong with 1374 scrips
advancing and 1141 scrips declining. A total of 147 scrips remained
On the BSE sectoral front, S&P BSE Auto was the major gainer, up 2.45%,
followed by S&P BSE Fast Moving Consumer Goods and S&P BSE Finance,
up 2.31% and 2.25%, respectively. S&P BSE Bankex and S&P BSE S&P BSE
Consumer Discretionary Goods & Services gained 2% and 1.67%,
respectively. S&P BSE Healthcare was the major loser, down 0.99%,
followed by S&P BSE Information Technology and S&P BSE Teck, down
0.84% and 0.46%, respectively.
Asian equity markets ended mixed as U.S.-China trade tensions
continued to weigh on investor sentiment. Also, U.S. banning a Chinese
telecom giant from buying U.S. technology without prior approval from
the U.S. government soured sentiment. Today (as of May 20), Asian
markets opened higher despite rising tensions between the U.S. and
China. Both Nikkei and Hang Seng were trading up 0.52% and 0.14%,
respectively (as at 8.a.m. IST).
As per the last close, European markets closed lower amid trade
tensions and collapse of Brexit talks. However, U.S. government’s decision
to delay tariffs on European auto imports for up to six months restricted
the losses.
As per the last close, U.S markets closed lower amid lingering concerns
about the escalating trade dispute between the U.S. and China. However,
U.S. government’s decision to delay tariffs on European auto imports for
up to six months restricted the losses.
FII Derivative Trade Statistics 17-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 3748.54 4568.07 16885.14
Index Options 334808.87 336820.47 60511.06
Stock Futures 12174.37 11753.49 85914.70
Stock Options 4514.34 4346.67 7121.85
Total 355246.12 357488.70 170432.75
17-May Prev_Day
Put Call Ratio (OI) 1.36 1.35 0.02
Indian Debt Market
Put Call Ratio(Vol) 0.71 0.84 -0.14
17-May Wk. Ago Mth. Ago
Year Ago
Call Rate 5.99% 5.95% 6.04% 5.92%
T-Repo 5.95% 5.96% 5.96% NA
Repo 6.00% 6.00% 6.00% 6.00%
Reverse Repo 5.75% 5.75% 5.75% 5.75%
91 Day T-Bill 6.32% 6.43% 6.33% 6.25%
364 Day T-Bill 6.43% 6.50% 6.40% 6.82%
10 Year Gilt 7.36% 7.41% 7.39% 7.88%
G-Sec Vol. (Rs.Cr) 32164 25102 25688 14113
Currency Market Update
FBIL MIBOR 6.05% 6.05% 6.09% 6.05%
3 Month CP Rate 7.25% 7.70% 7.00% 8.20%
5 Year Corp Bond 8.42% 8.57% 8.54% 8.61%
1 Month CD Rate 7.24% 6.78% 6.72% 6.78%
3 Month CD Rate 7.07% 7.29% 6.85% 7.46%
1 Year CD Rate 7.29% 7.63% 7.50% 8.09%
Commodity Market Update
Currency 17-May Prev_Day
USD/INR 70.17 70.25 -0.11
GBP/INR 89.73 90.19 -0.52
EURO/INR 78.43 78.72 -0.37
International News
JPY/INR 0.64 0.64 -0.23
Commodity 17-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 62.72 61.60 63.96 71.42
Brent Crude($/bl) 74.93 72.07 71.38 81.08
Gold( $/oz) 1277 1286 1276 1290
Gold(Rs./10 gm) 31911 31751 31641 30826
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 May 2019
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Derivative Statistics- Nifty Options
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Bond yields eased as market participants purchased notes ahead of the
results of the country’s general election. The multi-phased poll will end
on May 19, 2019, while the outcome will be announced on May 23, 2019.
Yield on the 10-year benchmark paper (7.26% GS 2029) fell 2 bps to
7.36% compared with the previous close of 7.38% after trading in a range
of 7.36% to 7.39%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 9,061 crore (gross) on May 17, 2019, compared
with Rs. 6,136 crore (gross) as on May 16, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 11,385
crore on May 16, 2019.
Banks borrowed Rs. 7 crore under the central bank’s Marginal Standing
Facility on May 16, 2019 compared with borrowings of Rs. 182 crore on
May 15, 2019.
A Labor Department report showed first-time claims for U.S.
unemployment benefits dropped more than expected in the week ended
May 11, 2019. The report said initial jobless claims slid to 212,000, a
decrease of 16,000 from the previous week's unrevised level of 228,000.
Eurostat data showed euro zone construction output fell in Mar 2019,
after rising in the previous month, amid a decline in building activity and
slower growth in civil engineering. Construction output declined a
calendar and seasonally adjusted 0.3% MoM in Mar, after a 3.0% rise in
Feb 2019.
Markets for You
Nifty May 2019 Futures were at 11,425.80, a premium of 18.65 points,
above the spot closing of 11,407.15. The turnover on NSE’s Futures and
Options segment declined to Rs. 3,30,070.97 crore on May 17, 2019,
compared with Rs. 19,86,219.46 crore on May 16, 2019.
The Put-Call ratio stood at 0.69 compared with the previous session’s
close of 0.72.
The Nifty Put-Call ratio stood at 1.36 compared with the previous
session’s close of 1.35.
Open interest on Nifty Futures stood at 17.57 million as against the
previous session’s close at 17.57 million.
The Indian rupee slipped against the greenback amid escalating U.S.-
China trade conflict and rise in crude oil prices. The rupee closed at 70.19 a
dollar, down 0.24% compared with the previous close of 70.03.
The euro declined against the greenback ahead of the European
parliamentary elections scheduled for next week. Investors risk appetite
remained low, keeping the single currency under pressure. The euro was
last seen trading at 1.1163, down 0.08% compared with the previous
session’s close of 1.1172.
Gold prices were down following the release of upbeat U.S. domestic
data, which also boosted its equity market and investors’ risk-taking
Brent crude prices breached the $75 per barrel mark as the geopolitical
scenario in the Middle East continued to worsen.
Thank you for
your time.