30May2019
MarketsforYou

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GlobalIndices
GlobalIndices 29‐May Prev_Day Abs.Change
%Change
#
DowJones 25,126 25,348 ‐221 ‐0.87
Nasdaq 7,547 7,607 ‐60 ‐0.79
FTSE 7,185 7,269 ‐84 ‐1.15
Nikkei 21,003 21,260 ‐257 ‐1.21
HangSeng 27,236 27,391 ‐155 ‐0.57
IndianIndices 29‐May Prev_Day Abs.Change
%Change
#
S&PBSESensex 39,502 39,750 ‐248 ‐0.62
Nifty50 11,861 11,929 ‐68 ‐0.57
Nifty100 11,962 12,033 ‐71 ‐0.59
NiftyBank 31,296 31,598 ‐302 ‐0.96
SGXNifty 11,854 11,946 ‐92 ‐0.77
S&PBSEPower 2,004 2,027 ‐23 ‐1.13
S&PBSESmallCap 14,934 15,020 ‐86 ‐0.57
S&PBSEHC 13,313 13,371 ‐58 ‐0.44
Date P/E Div.Yield P/E Div.Yield
29‐May 28.55 1.20 29.44 1.23
MonthAgo 27.91 1.18 29.34 1.12
YearAgo 22.79 1.16 27.06 1.21
Nifty50Top3Gainers
Company 29‐May Prev_Day
%Change
#
SunPharma 424 413 2.68
BhartiInfratel 276 269 2.49
TCS 2108 2074 1.63
Nifty50Top3Losers DomesticNews
Company 29‐May Prev_Day
%Change
#
SBI 349 360 ‐3.17
TataSteel 493 507 ‐2.71
ICICIBank 423 434 ‐2.53
AdvanceDeclineRatio
BSE NSE
Advances 1037 680
Declines 1540 1120
Unchanged 147 102
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 74080
MFFlows** 3462
*29
th
May2019;**28
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)
30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
‐227
4671
2.11%
(Dec‐18)
• Indian equity markets broke their three‐day record‐setting run by ending
in the red. Trade tensions between the U.S. and China weakened global
markets and in turn cast shadow on the domestic market as well. Trade
worries deepened after media reports said that China may restrict export
of rare earth minerals, which are crucial for U.S. technology industry. Also,
sentiment was cautious ahead of derivative expiry on May 30 and fourth‐
quarter GDP data release, due on May 31.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.62% and
0.57%, respectively, to close at 39,502.05 and 11,861.10, respectively. S&P
BSE Mid‐Cap and S&P BSE Small Cap lost 0.83% and 0.57%, respectively.
• The overall market breadth on BSE was weak with 1,037 scrips
advancing and 1,540 scrips declining. A total of 147 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Information Technology was the
major gainer, followed by S&P BSE Teck and S&P BSE Consumer Durables.
S&P BSE Metal was the major loser, followed by S&P BSE Auto and S&P
BSE Basic Materials.
• Media reports said the finance ministry may look at a 10‐year tax holiday
for real estate developers on profits earned from rental housing. This is
being considered to revive investment and boost a slowing economy. In a
recent meeting with senior finance ministry officials, the real estate
developers have been asked to suggest steps to address challenges faced
by the sector.
• Government data showed foreign direct investment (FDI) in India
declined for the first time in the last six years in 2018‐19, falling 1% to
$44.37 billion as overseas fund inflows subsided in telecom, pharma and
other sectors. According to the latest data of the Department for
Promotion of Industry and Internal Trade, FDI in 2017‐18 was a record
$44.85 billion. Last time it was in 2012‐13 when foreign inflows had
registered a contraction of 36% to $22.42 billion compared with $35.12
billion in 2011‐12. Since 2012‐13, inflows had been continuously growing
and reached a record high in 2017‐18. According to the data, FDI inflows in
telecommunication, construction development, pharmaceuticals and
power sectors declined significantly in 2018‐19.
• According to a global study, India has moved up one place to rank 43rd
most competitive economy in the world on the back of its robust
economic growth, a large labour force and its huge market size. Singapore
has toppled the U.S. to grab the top position, the study showed. Singapore
has moved up to the top, from the third position last year, while the U.S.
has slipped to the third place. Hong Kong SAR has held onto its second
place, helped by a benign tax and business policy environment and access
to business finance.
• The Supreme Court has agreed to examine the powers of tax authorities
to arrest an individual for Goods and Services Tax (GST) evasion. A
vacation bench issued notice to the Centre and sought its reply on a batch
of pleas challenging the provision of arrest under the CGST Act. The bench
said that different high courts had taken different views in granting
anticipatory bail to individuals accused of GST evasion and therefore it
needs to decide the question of law on the power of arrest.
• Asian equity markets were mostly down as U.S. Treasury bond yields fell
on worries of an economic slowdown. Investors fretted deepening of
trade tensions as media reports stated that China may limit export of rare
earth minerals that are vital for the U.S. technology industry. Today (as of
May 30), Asian markets opened on a mixed note following decline on the
Wall Street overnight. While Nikkei was trading lower 0.45%, Hang Seng
wasup0.03%(asat8a.m.IST).
• As per the last close, European markets declined on escalating worries
about the ongoing trade dispute between the U.S. and China, which can
substantially hurt the global economy. Also batch of disappointing
economic data from the euro area added to the woes.
• As per the last close, U.S markets fell amid worries about a further
escalation of the U.S.‐China trade dispute. Reports suggest China is
considering restricting the export of rare earth minerals, which are crucial
for the U.S. technology industry.
MarketsforYou
FIIDerivativeTradeStatistics 29‐May
(RsCr) Buy Sell OpenInt.
IndexFutures 8000.86 8948.17 29837.56
IndexOptions 198644.94 198998.30 73138.91
StockFutures 40751.39 40618.21 92860.81
StockOptions 5933.81 5925.83 8118.26
Total 253331.00 254490.51 203955.54
29‐May Prev_Day Change
PutCallRatio(OI) 1.16 1.28 ‐0.12
IndianDebtMarket
PutCallRatio(Vol) 0.78 0.98 ‐0.20
29‐May Wk.Ago Mth.Ago YearAgo
CallRate 5.87% 5.94% 6.12% 5.89%
T‐Repo 5.92% 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 6.19% 6.32% 6.37% 6.27%
364DayT‐Bill 6.29% 6.41% 6.46% 6.77%
10YearGilt 7.12% 7.26% 7.41% 7.76%
G‐SecVol.(Rs.Cr) 50799 46036 35362 23959
CurrencyMarketUpdate
FBILMIBOR* 6.00% 6.05% 6.22% 6.05%
3MonthCPRate 6.85% 7.15% 7.50% 8.20%
5YearCorpBond 8.12% 8.27% 8.52% 8.62%
1MonthCDRate 6.47% 6.71% 7.22% 6.51%
3MonthCDRate 6.60% 7.09% 7.11% 7.65%
1YearCDRate 7.20% 7.49% 7.47% 8.24%
CommodityMarketUpdate
Currency 28‐May Prev_Day Change
USD/INR 69.61 69.43 0.18
GBP/INR 88.28 88.48 ‐0.20
EURO/INR 77.86 77.82 0.04
InternationalNews
JPY/INR 0.64 0.63 0.00
Commodity 29‐May WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 58.79 61.37 63.24 66.80
BrentCrude($/bl) 71.83 72.93 70.72 74.80
Gold($/oz) 1279 1273 1286 1298
Gold(Rs./10gm) 31802 31504 31764 31185
Source:ThomsonReutersEikon
*Asonprevioustradingday
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
30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 11,862.25, a premium of 1.15 points,
above the spot closing of 11,861.10. The turnover on NSE’s Futures and
Options segment increased to Rs. 11,36,295.00 crore on May 29, 2019,
compared with Rs. 10,58,882.72 crore on May 28, 2019.
• The Put‐Call ratio stood at 0.84 compared with the previous session’s
close of 0.96.
• The Nifty Put‐Call ratio stood at 1.16 compared with the previous
session’s close of 1.24.
• Open interest on Nifty Futures stood at 26.70 million as against the
previous session’s close at 25.40 million.
• Bond yields continued to fall on hopes that the Monetary Policy
Committee would lower interest rates in Jun. In addition, foreign
investments in the bond market amid lower U.S. Treasury yield also lifted
the market sentiment.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) declined 3 bps
to 7.12% compared with the previous close of 7.15% after trading in a
range of 7.12% to 7.14%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 5,266 crore (gross) on May 29, 2019, compared
with Rs. 11,446 crore (gross) as on May 28, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 14,958
crore on May 28, 2019.
• The Indian rupee was down as investors’ appetite for riskier assets
dampened amid the escalating trade feud between U.S. and China. The
rupee closed at 69.83 a dollar, down 0.20% compared with the previous
close of 69.69.
• The euro inched down amid escalating U.S.‐China trade worries, which
dampened investors’ appetite for riskier assets. The euro was last seen
trading at 1.1148, down 0.11% compared with the previous close of
1.1160.
• Gold prices edged higher amid indications of rising U.S.‐China trade
tension, worries over escalating budget deficit in Italy and political
disorder in Europe.
• Brent crude prices declined following the escalation in U.S.‐China trade
war.
• A Conference Board report showed another substantial improvement in
U.S. consumer confidence in May 2019. The Conference Board said its
consumer confidence index increased to 134.1 in May after jumping to
129.2 in Apr 2019, beating expectations.
• Confederation of British Industry Business’ latest quarterly services
sector survey data showed conditions across the British services sector
continued to decline sharply in three months to May. The balance for
business volumes fell 19%, the fastest pace since Aug 2012.
MarketsforYou
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