Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 Nov 2019
Markets for You
Global Indices
Global Indices 07-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,342 1,339 4 0.27
Nasdaq 8,435 8,411 24 0.28
FTSE 7,406 7,397 10 0.13
Nikkei 23,330 23,304 27 0.11
Hang Seng 27,847 27,689 159 0.57
Indian Indices 07-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,654 40,470 184 0.45
Nifty 50 12,012 11,966 46 0.38
Nifty 100 12,153 12,104 49 0.40
Nifty 500 9,764 9,721 43 0.44
Nifty Bank 30,633 30,610 24 0.08
S&P BSE Power 1,981 1,983 -2 -0.09
S&P BSE Small Cap 13,546 13,473 73 0.54
S&P BSE HC 13,316 13,231 85 0.64
Date P/E Div. Yield P/E Div. Yield
7-Nov 27.87 1.14 27.75 1.24
Month Ago 26.25 1.23 25.64 1.35
Year Ago 22.61 1.27 25.32 1.26
Nifty 50 Top 3 Gainers
Company 07-Nov Prev_Day
% Change
#
Bharti Infratel 229 221 3.75
Sun Pharma 441 428 2.97
IndusInd Bank 1382 1343 2.90
Nifty 50 Top 3 Losers Domestic News
Company 07-Nov Prev_Day
% Change
#
United Phos 578 607 -4.76
GAIL 132 137 -3.37
Yes Bank 66 69 -3.28
Advance Decline Ratio
BSE NSE
Advances 1319 945
Declines 1203 884
Unchanged 189 103
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 74091
MF Flows** 54403
*7
th
Nov 2019; **5
th
Nov 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.
08 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
-1425
1262
3.18%
(Jun-19)
• Indian equity markets extended gains as the government announced a Rs.
25,000 crore fund to help stalled residential projects. The real estate package
will also include projects that have been declared non-performing assets or
gone under insolvency proceedings. These steps will help boost growth by
promoting consumption in real estate and associated sectors.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.45% and 0.38%
to close at 40,653.74 and 12,012.05 respectively. S&P BSE MidCap and S&P BSE
SmallCap gained 0.69% and 0.54% respectively.
• The overall market breadth on BSE was strong with 1,319 scrips advancing and
1,203 scrips declining. A total of 189 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 0.96%
followedbyS&PBSEMetal,up0.95%andS&PBSERealty,up0.78%.S&PBSE
Oil & Gas was the major loser, down 0.62% followed by S&P BSE Capital Goods,
down 0.5% and S&P BSE Utilities, down 0.45%.
• Among the 31-stock sensitive Sensex pack, Sun Pharmaceutical Industries was
themajorgainer,up3.02%,followedbyIndusIndBankandRelianceIndustries
that grew 2.88% and 1.86%, respectively. Yes Bank was the major loser, down
3.27%, followed by Hindustan Unilever and ONGC, down 1.93% and 1.86%,
respectively.
• The Reserve Bank of India (RBI) governor has said the bank is closely
monitoring non-banking financial companies (NBFCs), media reports showed.
The central bank is regularly interacting with the management of these
companies to take corrective steps as and when required, the governor added.
The governor said, RBI is monitoring top 50 NBFCs that account for 75% of the
sector.
• According to media reports, domestic production of crude oil and natural gas
has fallen 6% and 1.5%, respectively, in the first half of FY20. India’s oil demand
growth too has slowed to 1.4% in the Apr-Sep 2019 period, compared with
3.5% in the same period last year. A sharper decline in production has increased
reliance on import.
• The term of the 15th Finance Commission (FFC) could be extended by at least
six months by the government. The government could seek an interim report
for the financial year 2020-21. Media reports showed, talks are going on
between the government and FFC to work out details. The commission’s tenure
was set to end in Oct 2019 but the President extended it to Nov 2019 in Jul
2019.
• The finance minister reviewed the state of economy, including stress in the
financial sector, at the meeting of the Financial Stability and Development
Council (FSDC), which is the apex body of sectoral regulators, headed by the
finance minister.
• Media reports showed Qatar Airways could consider buying a stake in
InterGlobe Aviation Ltd, the owner of IndiGo. The Gulf airline is not interested
in investing in debt-ridden Air India, Qatar Airways group chief executive said.
• Qatar Airways and IndiGo announced a code share agreement, according to
media reports. As part of the pact, Qatar Airways will place its code on IndiGo
flights between Doha-Delhi, Mumbai and Hyderabad starting from Nov 7, 2019.
• Moody’s investor service has placed Yes Bank’s foreign currency issuer rating
of Ba3 under review for downgrade. The rating agency cited weak financial
performance and uncertainty over regulatory approvals to its $1.2 billion stake
sale as reasons.
• Asian equity markets oscillated between slight gains and no change as reports
of delay in U.S.-China signing a partial deal kept investors cautious. Today (as of
Nov 8), Asian markets opened higher on positive overnight U.S.-China trade
developments. Both Nikkei and Hang Seng were trading up 0.86% and 0.14%,
respectively (as at 8.a.m. IST).
• European markets traded higher after media reports showed U.S. and China
have agreed to cancel extra tariffs imposed over the months in the long-drawn
trade war.
• U.S. markets gained on U.S.-China trade optimism as reports showed both
sides have agreed to cancel some existing tariffs on each other’s goods.
Investors move towards the riskier equities and away from bonds.
Markets for You
FII Derivative Trade Statistics 07-Nov
(Rs Cr) Buy Sell Open Int.
Index Futures 3441.24 3145.49 15421.92
Index Options 293266.27 292642.99 57702.31
Stock Futures 13614.42 14561.63 89682.37
Stock Options 5748.60 5768.42 3770.15
Total 316070.53 316118.53 166576.75
07-Nov Prev_Day Change
Put Call Ratio (OI) 1.48 1.44 0.04
Put Call Ratio(Vol) 0.93 0.94 0.00
07-Nov Wk. Ago Mth. Ago Year Ago
Call Rate 5.06% 5.11% 5.12% 6.43%
T-Repo 4.97% 4.83% 4.81% NA
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.03% 5.00% 5.20% 6.93%
364 Day T-Bill 5.17% 5.25% 5.36% 7.42%
10 Year Gilt 6.51% 6.45% 6.48% 7.80%
G-Sec Vol. (Rs.Cr) 20406 40719 27528 15785
FBIL MIBOR* 5.25% 5.25% 5.45% 6.50%
3 Month CP Rate 5.60% 5.50% 6.05% 8.55%
5 Year Corp Bond 7.44% 7.48% 7.46% 8.58%
1 Month CD Rate 5.40% 4.93% 5.14% 7.02%
3 Month CD Rate 5.27% 5.35% 5.31% 7.63%
1 Year CD Rate 5.87% 5.87% 6.19% 8.34%
Currency 07-Nov Prev_Day Change
USD/INR 71.01 70.89 0.12
GBP/INR 91.24 91.32 -0.08
EURO/INR 78.55 78.51 0.04
JPY/INR 0.65 0.65 0.00
Commodity 07-Nov Wk Ago Mth. Ago Year Ago
NYMEX Crude($/bl
)
56.86 53.97 52.71 61.64
Brent Crude($/bl) 62.89 59.06 60.35 69.19
Gold( $/oz) 1468 1513 1493 1226
Gold(Rs./10 gm) 38180 38650 38043 31773
Source: Thomson Reuters Eikon *As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
08 November 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Nov 2019 Futures stood at 12,047.95, a premium of 35.90 points above
the spot closing of 12,012.05. The turnover on NSE’s Futures and Options
segment rose to Rs. 28,63,647.81 crore on November 07, 2019, compared with
Rs. 15,54,051.60 crore on November 06, 2019.
• The Put-Call ratio stood at 0.8 compared with the previous session’s close of
0.88.
• The Nifty Put-Call ratio stood at 1.48 compared with the previous session’s
close of 1.44.
• Open interest on Nifty Futures stood at 16.94 million, compared with the
previous session’s close of 16.48 million.
• Bond yields increased tracking rise in the U.S. Treasury yields. In addition, an
uptick in crude oil prices on optimism over U.S.-China trade truce also kept the
yield at elevated level.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 2 bps to close
at 6.51% compared with the previous close of 6.49% after trading in a range of
6.47% to 6.51%.
• Yield on the old 10-year benchmark paper (7.26% GS 2029) rose 3 bps to close
at 6.72% compared with the previous close of 6.69% after trading in a range of
6.67% to 6.72%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,652 crore (gross) on Nov 7, 2019 compared with borrowings
of Rs. 3,722 crore (gross) on Nov 6, 2019. Sale of securities under Reserve Bank
of India’s (RBI) reverse repo window stood at Rs. 19,341 crore on Nov 6, 2019.
• The Indian rupee inched up against the greenback as optimistic remarks by
China about a potential trade deal with the U.S. offset early decline stemming
from worries that a trade deal between U.S. and China might be delayed. The
rupeeinchedup0.02%tocloseatRs.70.97perdollarcomparedwiththe
previous close of Rs. 70.98.
• Euro fell against the greenback as the latter strengthened against major
currencies on hopes that both U.S. and China are inching closer to a trade deal.
Euro was trading at $1.1049, down 0.14% compared with the previous close of
$1.1065.
• Gold prices plunged more than 1% as market participants cheered China and
United States’ agreement to cancel some tariffs in phases.
• Brent crude prices rebounded after the Chinese commerce ministry said that
China and the United States have agreed to cancel tariffs in different phases.
• The Bank of England left its interest rate unchanged in a split vote as two
members sought a rate cut. Seven members of the Monetary Policy Committee
voted to maintain the bank rate at 0.75%, while two members preferred a
quarter-point reduction.
• The European Commission downgraded its growth projections for the euro
area. The single currency bloc is forecast to expand 1.1% this year instead of
1.2% estimated previously. Growth is seen at 1.2% each in 2020 and 2021. The
outlook for 2020 was downgraded from 1.4%.
• A report released by the Labor Department showed first-time claims for U.S.
unemployment benefits fell by more than expected in the week ended Nov 2,
2019. The report said initial jobless claims slid to 211,000, a decrease of 8,000
from the previous week's level of 219,000.
Markets for You
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