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01 Nov 2019
Markets for You
Global Indices
Global Indices 31-Oct Prev_Day Abs. Change
% Change
#
Russell 3000 1,328 1,331 -3 -0.26
Nasdaq 8,292 8,304 -12 -0.14
FTSE 7,248 7,331 -82 -1.12
Nikkei 22,927 22,843 84 0.37
Hang Seng 26,907 26,668 239 0.90
Indian Indices 31-Oct Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,129 40,052 77 0.19
Nifty 50 11,877 11,844 33 0.28
Nifty 100 12,037 12,003 34 0.29
Nifty 500 9,690 9,648 42 0.44
Nifty Bank 30,066 29,988 79 0.26
S&P BSE Power 1,987 1,982 5 0.23
S&P BSE Small Cap
13,558 13,431 127 0.94
S&P BSE HC 13,229 13,107 122 0.93
Date P/E Div. Yield P/E Div. Yield
31-Oct 27.22 1.15 27.38 1.26
Month Ago 27.04 1.20 26.44 1.31
Year Ago 22.01 1.30 25.00 1.27
Nifty 50 Top 3 Gainers
Company 31-Oct Prev_Day
% Change
#
Yes Bank 70 57 23.94
Zee Ente. 261 235 10.82
SBI 312 290 7.76
Nifty 50 Top 3 Losers Domestic News
Company 31-Oct Prev_Day
% Change
#
JSW Steel 228 234 -2.73
Tech Mahindra 739 754 -2.04
Tata Steel 381 388 -1.92
Advance Decline Ratio
BSE NSE
Advances 1517 1138
Declines 1041 690
Unchanged 146 121
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 68552
MF Flows** 57694
*31
st
Oct 2019; **30
th
Oct 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
3.99%
(Sep-19)
3.70%
(Sep-18)
IIP
-1.10%
(Aug-19)
4.80%
(Aug-18)
GDP
5.00%
(Jun-19)
8.00%
(Jun-18)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
01 November 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
4.50%
(May-19)
5.80%
(Mar-19)
Quarter Ago
Inflow/Outflow
61
7595
3.18%
(Jun-19)
• Indian equity markets gained on the back of positive global and domestic
cues. The U.S. Federal Reserve cut interest rate by 25 basis points, leading to
expectations of similar easing by other global banks. The talk of government
planning to usher in more stimulus measures and stake sale in public sector
banks lifted sentiment.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.19% and 0.28%
to close at 40,129.05 and 11,877.45 respectively. S&P BSE MidCap and S&P BSE
SmallCap gained 1.14% and 0.94% respectively.
• The overall market breadth on BSE was strong with 1,517 scrips advancing
and 1,041 scrips declining. A total of 147 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Teck was the major gainer, up 1.97%
followed by S&P BSE Telecom, up 1.87% and S&P BSE IT, up 1.75%. S&P BSE
Metal was the major loser, down 0.51% followed by S&P BSE Energy, down
0.45% and S&P BSE Capital Goods, down 0.14%.
• Among the 31-stock sensitive Sensex pack, Yes Bank was the major gainer, up
24.03%, followed by SBI and Infosys that grew 7.69% and 3.79%, respectively.
Tech Mahindra was the major loser, down 2.08%, followed by Tata Steel and
ICICI Bank, down 1.95% and 1.74%, respectively.
• Government data showed that India’s fiscal deficit widened in Sep 2019
compared to that of the previous month. India’s fiscal deficit for the period
from Apr to Sep of 2019 widened to Rs. 6.52 lakh crore or 92.6% of the budget
estimate from 78.7% of the budget estimate during the period from Apr to
Aug of 2019. However, fiscal deficit was lower compared to the corresponding
period of the previous year when fiscal deficit stood at 95.3% of the budget
estimate. Revenue receipts stood at 41.6% of the budgeted target of Rs 19.6
lakh crore of which tax revenue stood at 36.8% of the budgeted target of Rs.
16.5 lakh crore while the non-tax revenue stood at 66.7% of the budgeted
target of Rs 3.13 lakh crore.
• Government data showed that the growth of the index of eight core
industries contracted significantly by 5.2% in Sep 2019 compared to a growth
of 0.1% in the previous month and 4.3% in the same period of the previous
year. All the sectors barring the fertilizer sector contracted over the month of
which the coal sector witnessed the maximum contraction of 20.5%. The
fertilizers sector witnessed expansion over the month which witnessed a
growth of 5.4% in Sep 2019.
• Media reports showed the Reserve Bank of India (RBI) has asked banks to
ensure customers' debit and credit card data is secure. The central bank has
asked them to investigate reports that say data of 1.3 million accounts was
available online. Banks should secure the customers' data by performing a
preliminary analysis of the leaked card information online, it said.
• Yes Bank said it has received a binding offer from a global investor for an
investment of $1.2 billion in the bank through fresh issuance of equity shares,
media reports showed. It is subject to regulatory approvals/conditions as well
as bank's board and shareholders approvals.
• Cognizant Technology Solutions will remove around 10,000-12,000 mid-
senior level employees from their current roles in the coming quarters. This is
being done to pare costs and simplify its organisational structure.
• The Competition Commission of India (CCI) has approved a proposed $300
million investment by Hyundai Motor Company (HMC) and Kia Motors
Corporations (KMC) for stake acquisition in ANI Technologies. ANI
Technologies operates ride-sharing company Ola and Ola Electric.
• Asian equity markets were mostly mixed after the U.S. Federal Reserve lived
up to expectations and cut interest rates but hinted that it may hold off on
further rate cuts for now. Today (as of Nov 1), Asian markets largely remained
under pressure amid renewed concerns over the potential for a long-term
trade deal between U.S. and China. Both Nikkei and Hang Seng were trading
down 0.52% and 0.04%, respectively (as at 8.a.m. IST).
• European markets slumped as uncertainty over the U.S.- China trade deal
loomed large. According to media reports, Chinese trade officials are doubtful
over a comprehensive long-term trade agreement with the U.S. despite the
two sides closing in on an initial phase one accord.
• Majority of the U.S. markets came under pressure as investors focused on the
latest developments on the U.S.- China trade deal. According to media reports,
Chinese trade officials have been casting doubt over the possibility of a long-
term trade deal with the U.S. amid risk of the latter backing out of any kind of
deal in the future.
Markets for You
FII Derivative Trade Statistics
31-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 10479.49 11476.10 16546.40
Index Options 253284.63 251191.46 69454.22
Stock Futures 41481.09 41634.18 91267.70
Stock Options 4551.01 4312.64 5330.77
Total 309796.22 308614.38 182599.09
31-Oct Prev_Day
Change
Put Call Ratio (OI) 1.47 1.48 -0.01
Put Call Ratio(Vol) 1.03 1.05 -0.02
31-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 5.11% 5.06% 5.40% 6.43%
T-Repo 4.83% 4.89% 5.33% NA
Repo 5.15% 5.15% 5.40% 6.50%
Reverse Repo 4.90% 4.90% 5.15% 6.25%
91 Day T-Bill 5.00% 5.08% 5.24% 6.93%
364 Day T-Bill 5.25% 5.25% 5.50% 7.47%
10 Year Gilt 6.45% 6.50% 6.70% 7.85%
G-Sec Vol. (Rs.Cr) 40719 18511 28071 31470
FBIL MIBOR* 5.25% 5.25% 5.52% 6.60%
3 Month CP Rate 5.50% 5.65% 5.85% 8.65%
5 Year Corp Bond 7.52% 7.52% 7.48% 8.78%
1 Month CD Rate 4.93% 4.92% 5.49% 6.99%
3 Month CD Rate 5.35% 5.44% 5.89% 7.51%
1 Year CD Rate 5.87% 5.85% 6.42% 8.39%
Currency 31-Oct Prev_Day
Change
USD/INR 70.81 70.99 -0.18
GBP/INR 91.50 91.36 0.14
EURO/INR 79.03 78.89 0.14
JPY/INR 0.65 0.65 0.00
Commodity 31-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
53.97 56.08 54.04 65.26
Brent Crude($/bl) 59.06 62.55 61.88 74.98
Gold( $/oz) 1513 1503 1472 1214
Gold(Rs./10 gm) 38650 38281 37475 31698
Source: Thomson Reuters Eikon *As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
01 November 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
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the reasonableness of the assumptions upon which such data and information has been processed or arrive data; RNLAM does not in any manner assures the accuracy or authenticity of such data and information.
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
• Nifty Oct 2019 Futures settled at spot closing of 11,877.45. Nifty Nov 2019
Futures stood at 11914.80, a premium of 37.35 points, above the spot closing.
The turnover on NSE’s Futures and Options segment rose to Rs. 26,20,755.55
crore on October 31, 2019, compared with Rs. 14,00,089.13 crore on October
30, 2019.
• The Put-Call ratio stood at 0.9 compared with the previous session’s close of
0.94.
• The Nifty Put-Call ratio stood at 1.47 compared with the previous session’s
close of 1.48.
• Open interest on Nifty Futures stood at 17.78 million, compared with the
previous session’s close of 16.54 million.
• Bond yields lowered with increase in government bond purchases by foreign
investors. Foreign buying of bonds has aided the market sentiment recently,
resulting in gains.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) declined 4 bps to
close at 6.45% compared with the previous close of 6.49% after trading in a
range of 6.45% to 6.49%.
• Yield on the old 10-year benchmark paper (7.26% GS 2029) declined 2 bps to
close at 6.65% compared with the previous close of 6.67% after trading in a
range of 6.64% to 6.67%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 4,382 crore (gross) on Oct 31, 2019 compared with
borrowings of Rs. 3,832 crore (gross) on Oct 30, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 35,523 crore on
Oct 30, 2019.
• The Indian rupee inched down against the greenback following greenback
purchases by state run banks. However, gains in the domestic equity market
neutralised most of the losses. The rupee fell 0.06% to close at Rs. 70.92 per
dollar compared with the previous close of Rs. 70.88.
• Euro inched up against the greenback after data showed that economic
growth of the euro zone economy was unchanged in the third quarter, beating
market expectations that it would slow. Euro was trading at $1.1150, up 0.02%
compared with the previous close of $1.1148.
• Gold prices rose after Chinese official remained doubtful about reaching a
comprehensive long-term trade deal with their U.S. counterparts.
• Brent crude prices fell following unexpected increase of U.S. crude stockpile in
the week to Oct 25 and fresh trade war troubles between U.S. and China.
• National Bureau of Statistics showed China's service sector logged weaker
growth in Oct 2019. The non-manufacturing Purchasing Managers' Index came
in at 52.8, down from 53.7 in Sep 2019. The manufacturing PMI fell to 49.3 in
Oct from 49.8 a month ago.
• The Bank of Japan maintained its policy rates, but signaled further monetary
easing going forward as the economy is set to expand at a slower pace amid
weaker inflation outlook. The central bank said short and long-term interest
rates are expected to remain at their current or lower levels as long as it is
necessary to achieve the price stability target.
• A Labor Department report showed a modest increase in first-time claims for
U.S. unemployment benefits in the week ended Oct 26, 2019. The report said
initial jobless claims rose to 218,000, an increase of 5,000 from the previous
week's revised level of 213,000.
Markets for You
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