28May2019
MarketsforYou

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GlobalIndices
GlobalIndices 27‐May Prev_Day Abs.Change
%Change
#
DowJones Closed 25,586 NA NA
Nasdaq Closed 7,637 NA NA
FTSE Closed 7,278 NA NA
Nikkei 21,183 21,117 65 0.31
HangSeng 27,288 27,354 ‐66 ‐0.24
IndianIndices 27‐May Prev_Day Abs.Change
%Change
#
S&PBSESensex 39,683 39,435 249 0.63
Nifty50 11,925 11,844 81 0.68
Nifty100 12,024 11,945 79 0.66
NiftyBank 31,648 31,213 435 1.39
SGXNifty 11,911 11,866 46 0.38
S&PBSEPower 2,018 1,961 57 2.89
S&PBSESmallCap 14,959 14,700 260 1.77
S&PBSEHC 13,361 13,396 ‐35 ‐0.26
Date P/E Div.Yield P/E Div.Yield
27‐May 29.08 1.19 29.68 1.22
MonthAgo 27.91 1.18 29.34 1.12
YearAgo 22.81 1.16 26.24 1.21
Nifty50Top3Gainers
Company 27‐May Prev_Day
%Change
#
TataSteel 513 484 5.87
HPCL 317 302 4.73
YesBank 147 141 3.97
Nifty50Top3Losers DomesticNews
Company 27‐May Prev_Day
%Change
#
ZeeEnte. 361 377 ‐4.21
Lupin 743 763 ‐2.62
IndusIndBank 1613 1649 ‐2.19
AdvanceDeclineRatio
BSE NSE
Advances 1790 1367
Declines 795 485
Unchanged 181 90
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 66476
MFFlows** 3886
*27
th
May2019;**24
th
May2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
2.92%
(Apr‐19)
4.58%
(Apr‐18)
IIP
‐0.10%
(Mar‐19)
5.30%
(Mar‐18)
GDP
6.60%
(Dec‐18)
7.70%
(Dec‐17)
28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
Sensex Nifty
2.50%
(Dec‐18)
7.00%
(Sep‐18)
QuarterAgo
Inflow/Outflow
218
392
2.11%
(Dec‐18)
• Indian equity markets opened the week with gains and set yet another
closing high. Markets had closed at all‐time highs on May 24, 2019, after
election results showed the previous government will continue at the
centre. Investors are buoyed by policy stability that comes with the
second term of a government.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.63% and
0.68%, respectively, to close at 39,683.29 and 11,924.75, respectively. S&P
BSE Mid‐Cap and S&P BSE Small Cap gained 1.13% and 1.77%,
respectively.
• The market breadth on BSE was strong with 1790 scrips advancing and
795 scrips declining. A total of 181 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Capital Goods was the major gainer,
up 3.06%, followed by S&P BSE Power and S&P BSE Industrials, up 2.89%
and 2.44%, respectively. S&P BSE Utilities and S&P BSE Metal gained
2.34% and 2.21%, respectively. S&P BSE Basic Materials and S&P BSE
Realty gained 2.2% and 2.13%, respectively. S&P BSE Energy was the
major loser, down 0.82%, followed by S&P BSE Healthcare and S&P BSE
Teck, down 0.26% and 0.18%, respectively.
• According to media reports, the Central Information Commission (CIC)
has told the Reserve Bank of India (RBI) to disclose the list of big loan
defaulters it had sent to banks for resolution. The CIC's directive came
while deciding on a plea by a Lucknow‐based activist who had based her
RTI application on some media reports that RBI deputy governor in a
lecture in 2017 had said accounts of some loan defaulters have been sent
to banks for resolution.
• Media reports stated that the next wave of bank consolidation is being
planned during the Oct‐Dec quarter of FY20. The finance ministry has
started to seek information from public sector banks on possible targets
for amalgamation/mergers and acquisitions with justification on how such
an initiative will synergise operations and strengthen the bank. The
reports said heads of all public sector banks have been asked to be ready
with their consolidation plan so that it could be placed before the
alternative mechanism (AM) of the new government as soon as it is
formed. The AM, or a group of ministers under the former finance
minister was created in 2017 to fast track consolidation and help create
strong and competitive banks, serving as catalysts for growth, with
improved risk profile and one that can exploit economies of scale.
• Reserve Bank of India governor met finance minister for a discussion on
the state of the economy. The discussions at the hour‐long meeting were
the first between the government and the central bank since election
results were announced. This comes weeks before the monetary policy
committee meeting, where the interest rate will be reviewed. Media
reports said industry and economists have been complaining about signs
of a slowdown in the economy and have cited cash crunch at non‐banking
finance companies as a big reason for a dip in demand for cars and
durables. Besides, the RBI is to announce a new policy on loan
restructuring and insolvency action against companies that default in loan
repayment.
• Asian equity markets ended mixed as trade worries continued to haunt
investors. Provisional results showing no party was able to secure a
majority in European parliament also affected the investor mood together
with British Prime Minister’s resignation. Today (as of May 28), Asian
markets opened on a higher note with U.S. President continuing his visit to
Japan. Both Nikkei and Hang Seng were trading higher 0.38% and 0.35%,
respectively (as at 8 a.m. IST).
• As per the last close, European markets mostly rose as market
participants largely reacted positively to results of European Union
parliamentary elections. U.K. market was closed on the occasion of Late
May Bank Holiday.
•Asperthelastclose,U.SmarketsisclosedontheoccasionofMemorial
Day.
MarketsforYou
FIIDerivativeTradeStatistics 27‐May
(RsCr) Buy Sell OpenInt.
IndexFutures 5862.19 5871.47 26131.40
IndexOptions 188471.70 185458.96 73372.78
StockFutures 17014.31 17379.00 92365.26
StockOptions 8534.36 8493.64 8519.08
Total 219882.56 217203.07 200388.52
27‐May Prev_Day Change
PutCallRatio(OI) 1.26 1.23 0.03
IndianDebtMarket
PutCallRatio(Vol) 0.91 0.78 0.13
27‐May Wk.Ago Mth.Ago YearAgo
CallRate 5.94% 5.96% 6.12% 5.93%
T‐Repo 5.95% 5.96% 6.01% NA
Repo 6.00% 6.00% 6.00% 6.00%
ReverseRepo 5.75% 5.75% 5.75% 5.75%
91DayT‐Bill 6.20% 6.35% 6.37% 6.20%
364DayT‐Bill 6.30% 6.40% 6.46% 6.25%
10YearGilt 7.17% 7.29% 7.41% 7.79%
G‐SecVol.(Rs.Cr) 58585 54331 35362 30646
CurrencyMarketUpdate
FBILMIBOR* 6.00% 6.05% 6.26% 6.10%
3MonthCPRate 6.85% 7.10% 7.50% 8.35%
5YearCorpBond 8.20% 8.30% 8.52% 8.65%
1MonthCDRate 6.46% 6.82% 7.22% 6.79%
3MonthCDRate 6.56% 7.13% 7.11% 7.83%
1YearCDRate 7.38% 7.54% 7.47% 8.22%
CommodityMarketUpdate
Currency 24‐May Prev_Day Change
USD/INR 69.61 69.67 ‐0.09
GBP/INR 88.30 87.92 0.43
EURO/INR 77.97 77.65 0.41
InternationalNews
JPY/INR 0.64 0.63 0.57
Commodity 27‐May WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) Closed 63.07 63.24 67.87
BrentCrude($/bl) Closed 74.20 70.72 77.14
Gold($/oz) 1285 1277 1286 1301
Gold(Rs./10gm) 31708 31550 31764 31171
Source:ThomsonReutersEikon
*Asonprevioustradingday
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
28May2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty May 2019 Futures were at 11,918.50, a discount of 6.25 points,
below the spot closing of 11,924.75. The turnover on NSE’s Futures and
Options segment decreased to Rs. 8,80,648.43 crore on May 27, 2019,
compared with Rs. 9,81,157.78 crore on May 24, 2019.
• The Put‐Call ratio stood at 0.94 compared with the previous session’s
close of 0.84.
• The Nifty Put‐Call ratio stood at 1.26 compared with the previous
session’s close of 1.23.
• Open interest on Nifty Futures stood at 23.59 million as against the
previous session’s close at 22.76 million.
• Bond yields fell as foreign investors are continuing to purchase notes
following the outcome of the general elections, which brought political
stability with the second five‐year term of the government. In addition,
fall in crude oil prices improved inflation outlook and lifted the market
sentiment.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) declined 6 bps
to 7.17% compared with the previous close of 7.23% after trading in a
range of 7.16% to 7.23%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 18,331 crore (gross) on May 27, 2019, compared
with Rs. 4,846 crore (gross) as on May 24, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 29,588
crore on May 24, 2019.
• The Indian rupee was flat to marginally higher following a likely inflow
in the debt market. However, most of the gains were offset by importers’
month end greenback demand. The rupee closed at 69.50 a dollar
compared with the previous close of 69.53.
• The euro was steady to slightly lower following the European
Parliamentary elections where pro‐EU parties split, however retained
their majority. The euro was last seen trading at 1.1191, down from
1.1202 in the previous session.
• Gold prices were up with rising U.S.‐China trade conflict. In addition,
feeble U.S. economic data increased expectations of a rate cut by the
Federal Reserve.
• Oil markets remained closed due to public holiday.
• Commerce Department data showed U.S. durable goods orders pulled
back in Apr 2019. The report said durable goods orders declined 2.1% in
Apr after increasing 1.7% in Mar 2019.
• National Bureau of Statistics data showed China's industrial profits
decreased in Apr 2019. Profits of large industrial firms declined 3.7% YoY
in contrast to an increase of 13.9% in Mar 2019. Industrial profits fell 3.4%
in the first four months of 2019 from the same period of last year
compared with a decrease of 3.3% in three months to Mar 2019.
MarketsforYou
Thank you for
your time.

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