Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 Nov 2019
Markets for You
Global Indices
Global Indices 08-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,348 1,342 6 0.42
Nasdaq 8,475 8,435 41 0.48
FTSE 7,359 7,406 -47 -0.63
Nikkei 23,392 23,330 62 0.26
Hang Seng 27,651 27,847 -196 -0.70
Indian Indices 08-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,324 40,654 -330 -0.81
Nifty 50 11,908 12,012 -104 -0.87
Nifty 100 12,045 12,153 -108 -0.89
Nifty 500 9,683 9,764 -81 -0.83
Nifty Bank 30,749 30,633 116 0.38
S&P BSE Power 1,954 1,981 -27 -1.35
S&P BSE Small Cap 13,475 13,546 -71 -0.53
S&P BSE HC 13,090 13,316 -226 -1.70
Date P/E Div. Yield P/E Div. Yield
8-Nov 27.59 1.15 27.51 1.25
Month Ago 26.25 1.23 25.64 1.35
Year Ago 22.91 1.25 25.49 1.25
Nifty 50 Top 3 Gainers
Company 08-Nov Prev_Day
% Change
#
Yes Bank 69 66 3.76
IndusInd Bank 1423 1382 2.96
ICICI Bank 489 479 2.28
Nifty 50 Top 3 Losers Domestic News
Company 08-Nov Prev_Day
% Change
#
Bharti Infratel 218 229 -4.86
Sun Pharma 422 441 -4.20
GAIL 127 132 -3.82
Advance Decline Ratio
BSE NSE
Advances 1023 684
Declines 1502 1134
Unchanged 172 121
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 74986
MF Flows** 54403
*8
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.
11 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
895
3.18%
(Jun-19)
• Indian equity markets gained initially on news that U.S.-China have agreed to
cancel extra tariffs on each other’s goods. However, all the gains were wiped
out and the bourses ended in the red after a major global rating agency
downgraded the growth estimate of the country, citing structural weakness.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.81% and 0.86% to
close at 40,323.61 and 11,908.15, respectively. S&P BSE MidCap and S&P BSE
SmallCap lost 0.79% and 0.53% respectively.
• The overall market breadth on BSE was weak with 1,023 scrips advancing and
1,502 scrips declining. A total of 172 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up 1.55%
followed by S&P BSE Bankex, up 0.64% and S&P BSE Consumer Durables, up
0.06%. S&P BSE FMCG was the major loser, down 1.8% followed by S&P BSE
Metal, down 1.74% and S&P BSE Oil & Gas, down 1.72%.
• A major global rating agency has downgraded its outlook for India’s sovereign
rating (Baa2) to negative from stable, media reports showed. The agency said
India’s economic downturn could be structural. There are increasing risks that
economic growth will remain materially lower than in the past, partly reflecting
lower government and policy effectiveness at addressing long-standing
economic and institutional weaknesses. This will lead to a gradual rise in debt
burden, which is already at high levels.
• Responding to the downgrade, media reports showed the finance minister
saying the fundamentals of Indian economy remain robust with inflation under
check and bond yields low. India continues to offer strong prospects of growth
in the near and medium terms, she said.
• The Central Board of Direct Taxes (CBDT) has amended more than 100 forms
and returns to help interchangeability between permanent account number
(PAN) and Aadhaar number. The Union Budget 2019-20, presented in Jul 2019,
had amended Section 139A of the Income-tax Act, 1961, to provide for
interchangeability of PAN and Aadhaar number.
• The government could bring certain types of non-bank lenders and housing
financiers under the Insolvency and Bankruptcy Code (IBC). The government is
doing the feasibility study around it and this will help rescue distressed financial
institutions under a court-monitored process. The government is closely
examining a special window for this under IBC and be notified soon.
• DLF Ltd’s net profit increased 18.80% to Rs. 443.41 crore in the Sep 2019
quarter compared with the year-ago period. Revenue fell 15.82% to Rs.
1,940.05 crore during the period. DLF has appointed Vivek Anand as group
chief financial officer. Anand, 49, was earlier CFO-India subcontinent of
GlaxoSmithKline Consumer Healthcare Ltd and a board member. He takes over
from Ashok Tyagi, who continues to be a wholetime director and was an acting
CFO of the company.
• MSCI, which is the world's biggest index compiler, has added eight Indian
companies including HDFC Asset Management or HDFC AMC, Info Edge (India)
and Indraprastha Gas Ltd to its India Index. MSCI has removed Vodafone Idea,
Yes Bank and four others that have seen significant market capitalisation
erosion in 2019.
• Asian equity markets were mixed because of conflicting reports about
development in U.S.-China trade relations. News of both sides having agreed to
cancel tariffs on each other’s goods was contradicted by reports suggesting the
plan has met opposition from some advisers to the U.S. President. Today (as of
Nov 11), Asian markets opened lower amid ongoing trade war between
the United States and China. Both Nikkei and Hang Seng were trading down
0.07% and 1.39%, respectively (as at 8.a.m. IST).
• European markets were down as U.S.-China trade optimism waned on worries
that the pact could fall apart. Media reports had shown 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. A Chinese Commerce
Ministry spokesperson said the two countries had agreed to cancel existing
tariffs in phases. Media reports showed a U.S. official confirming that both sides
have agreed to roll back levies in tranches.
Markets for You
FII Derivative Trade Statistics 08-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 3541.18 3213.26 16351.26
Index Options 500644.90 498540.11 47581.99
Stock Futures 12890.33 12700.04 90332.33
Stock Options 5645.81 5633.99 3972.94
Total 522722.22 520087.40 158238.52
08-Nov Prev_Day
Change
Put Call Ratio (OI) 1.26 1.48 -0.22
Put Call Ratio(Vol) 0.89 0.93 -0.04
08-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 5.02% 5.07% 5.12% 6.43%
T-Repo 5.00% 4.84% 4.81% 6.39%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.06% 5.01% 5.20% 6.93%
364 Day T-Bill 5.30% 5.24% 5.36% 7.42%
10 Year Gilt 6.56% 6.45% 6.48% 7.80%
G-Sec Vol. (Rs.Cr) 32461 51700 27528 15785
FBIL MIBOR 5.25% 5.25% 5.21% 6.50%
3 Month CP Rate 5.60% 5.45% 6.05% 8.55%
5 Year Corp Bond 7.45% 7.43% 7.43% 8.58%
1 Month CD Rate 5.51% 4.91% 5.14% 7.02%
3 Month CD Rate 5.29% 5.38% 5.31% 7.63%
1 Year CD Rate 5.78% 5.56% 6.19% 8.34%
Currency 08-Nov Prev_Day
Change
USD/INR 71.25 71.01 0.24
GBP/INR 91.27 91.24 0.03
EURO/INR 78.73 78.55 0.18
JPY/INR 0.65 0.65 0.00
Commodity 08-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
56.97 55.99 52.59 60.66
Brent Crude($/bl) 62.29 60.36 59.03 68.38
Gold( $/oz) 1458 1514 1505 1224
Gold(Rs./10 gm) 37919 38703 38043 31773
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 November 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
• Nifty Nov 2019 Futures stood at 11,945.35, a premium of 37.20 points above
the spot closing of 11,908.15. The turnover on NSE’s Futures and Options
segment fell to Rs. 9,57,752.78 crore on November 08, 2019, compared with Rs.
28,63,647.81 crore on November 07, 2019.
• The Put-Call ratio stood at 0.84 compared with the previous session’s close of
0.8.
• The Nifty Put-Call ratio stood at 1.26 compared with the previous session’s
close of 1.48.
• Open interest on Nifty Futures stood at 16.55 million, compared with the
previous session’s close of 16.94 million.
• Bond yields increased after a major global rating agency lowered India’s rating
outlook to negative. Besides, rise in the U.S. Treasury yields and an surge in
crude oil prices on optimism over U.S.-China trade truce also pushed the yield
higher.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 5 bps to close
at 6.56% compared with the previous close of 6.51% after trading in a range of
6.53% to 6.56%.
• Yield on the old 10-year benchmark paper (7.26% GS 2029) rose 3 bps to close
at 6.75% compared with the previous close of 6.72% after trading in a range of
6.71% to 6.78%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,737 crore (gross) on Nov 8, 2019 compared with borrowings
of Rs. 3,652 crore (gross) on Nov 7, 2019. Sale of securities under Reserve Bank
of India’s (RBI) reverse repo window stood at Rs. 19,475 crore on Nov 7, 2019.
• The rupee weakened against the greenback after a major global credit rating
agency cut India’s ratings outlook to “negative” from “stable”. Increase in global
crude oil prices, also contributed to the downside. The rupee fell 0.46% to close
at Rs. 71.29 per dollar compared with the previous close of Rs. 70.97.
• Euro fell against the greenback as the investor risk sentiment dampened after
the U.S. President said that he has not agreed to roll back tariffs on China. Euro
was trading at $1.1016, down 0.30% compared with the previous close of
$1.1049.
• Gold prices fell on hopes of a trade deal between U.S. and China. However,
further losses were restricted after the U.S. President said that he has not
agreed to roll back tariffs that was imposed on China.
• Brent crude prices fell after the U.S. President said that he has not agreed to
roll back tariffs that was imposed on China.
• A Commerce Department report showed U.S. wholesale inventories fell by
slightly more than anticipated in Sep 2019. Wholesale inventories slid 0.4% in
Sep after inching up by 0.1% in Aug 2019.
• According to preliminary data released by the University of Michigan,
consumer sentiment in the U.S. has seen a slight improvement in Nov 2019 to
95.7 after rising to 95.5 in Oct 2019.
• Data from Destatis showed Germany's exports rebounded at a faster than
expected pace in Sep 2019. Exports grew 1.5% MoM in contrast to Aug's 0.9%
fall. Imports growth accelerated to 1.3% from 0.1% a month ago.
• General Administration of Customs data showed China's exports fell less than
expected in Oct 2019 and imports declined for the sixth month in a row. In
dollar terms, exports decreased 0.9% YoY in Oct.
Markets for You
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