12Nov2018
MarketsforYou
GlobalIndices
GlobalIndices 09‐Nov Prev_Day Abs.Change
%Change
#
DowJones 25,989 26,191 ‐202 ‐0.77
Nasdaq 7,407 7,531 ‐124 ‐1.65
FTSE 7,105 7,141 ‐35 ‐0.49
Nikkei 22,250 22,487 ‐237 ‐1.05
HangSeng 25,602 26,228 ‐626 ‐2.39
IndianIndices 09‐Nov Prev_Day Abs.Change
%Change
#
S&PBSESensex 35,159 34,992 167 0.48
Nifty50 10,585 10,530 55 0.52
Nifty100 10,823 10,758 65 0.60
NiftyBank 25,771 25,598 173 0.68
SGXNifty 10,581 10,542 39 0.37
S&PBSEPower 1 ,978 1,954 23 1.18
S&PBSESmallCap 14,672 14,415 256 1.78
S&PBSEHC 14,693 14,442 251 1.74
Date P/E Div.Yield P/E Div.Yield
9‐Nov 22.84 1.26 25.46 1.25
MonthAgo 22.01 1.31 24.91 1.30
YearAgo 24.52 1.17 26.31 1.08
Nifty50Top3Gainers
Company 09‐Nov Prev_Day
%Change
#
HPCL 241 226 6.63
YesBank 228 214 6.27
AsianPaints 1296 1239 4.61
Nifty50Top3Losers DomesticNews
Company 09‐Nov Prev_Day
%Change
#
GAIL 367 375 ‐2.08
Dr.Reddy 2400 2451 ‐2.07
BhartiAirtel 300 305 ‐1.74
AdvanceDeclineRatio
BSE NSE
Advances 1321 943
Declines 1225 847
Unchanged 133 80
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐41536
MFFlows** 112870
*9
th
Nov2018;**7
th
Nov2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
3.77%
(Sep‐18)
3.28%
(Sep‐17)
IIP
4.30%
(Aug‐18)
4.80%
(Aug‐17)
GDP
8.20%
(Jun‐18)
5.60%
(Jun‐17)
12November2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
3.80%
(May‐18)
7.70%
(Mar‐18)
QuarterAgo
Inflow/Outflow
13
‐271
4.92%
(Jun‐18)
• Indian equity markets edged higher compared with the closing of the
normal trading session on Nov 6. Market indices rose on the back of
buying interest seen during the Muhurat trading held on Nov 7 on the
occasion of Diwali. The one‐hour special trading session saw all the
sectors gain. However, weak global cues kept gains under leash as the
U.S. Federal Reserve looked set to deliver another interest rate hike next
month.
• Key benchmark indices S&P BSE Sensex and Nifty 50 rose 0.48% and
0.52% to close at 35,158.55 and 10,585.20, respectively.
• The overall market breadth on BSE was weak with 1321 scrips
advancing and 1225 scrips declining. A total of 133 scrips remained
unchanged.
• On the BSE sectoral front, majority of the indices closed in the green.
S&P BSE Healthcare was the top gainer, up 1.74%, followed by S&P BSE
Auto, S&P BSE Oil & Gas and S&P BSE Consumer Durables, which rose
1.64%, 1.47% and 1.37%, respectively. Meanwhile, S&P BSE IT was the
major loser, down 0.30%, followed by S&P BSE Metal and S&P BSE Teck,
which slipped 0.28% and 0.23%, respectively.
• According to media reports, a meeting of Regional Comprehensive
Economic Partnership (RCEP) members will be held in Singapore on Nov
12‐13. India and China will also be a part of the meet. Pressure has been
mounting on New Delhi to conclude talks for the proposed mega trade
deal soon. RCEP aims to cover goods, services, investments, economic
and technical cooperation, competition and intellectual property
rights. This becomes tricky for India as there still are many issues that
need to be resolved.
• The government cleared that it is not seeking Rs. 3.6 lakh crore capital
from the Reserve Bank of India (RBI). It said there are discussions going
on to fix appropriate economic capital framework of the central bank.
Media had been reporting that the government has asked RBI to transfer
Rs. 3.6 lakh crore as it struggles with the fiscal deficit target.
• P addy procurement for federal f ood security system could g o down by
6%‐8% since farmers are harvesting a lower yield. This has happened
because heavy rains in Sep 2018 harmed the harvest‐ready crops in
northern states of Punjab, Haryana and UP. The decline in production of
paddy could impact government procurement as well as export of non‐
basmati paddy from India. It could reduce government purchase of the
cereal in the season.
• According to media reports, Moody's Investors Service placed the
Airtel’s rating on review for downgrade, following low levels of
profitability and expectation of weak cash flow. It needs to be noted that
Airtel posted a fall in consolidated net profit for the tenth straight quarter
due to pricing pressure from aggressive competition.
• According to media reports, Indian Bank reported a 67% year on year
fall in net profit at Rs 150 crore for the quarter ended Sep 2018. Indian
Bank posted a net profit of Rs. 451.5 crore in the same period of the
previous year.
• Asian equity markets were mostly lower as the U.S. Federal Reserve
stayed put on its hawkish stance and differences between the European
Union (EU) and Italy seemed to deepen. EU’s negative outlook of Italy’s
economy was straight away dismissed by the country’s government.
China fell as investors remained pessimistic over the economy’s growth
after the country’s p roducer price inflation slowed for the fourth
consecutive month in Oct 2018. Today (as of Nov 12), Asian markets
opened lower as investors were wary about trade war between the U.S.
and China, growth outlook, as well as oil prices. Both Nikkei and Hang
Seng were trading lower 0.02% and 0.34%, respectively (as at 8 a.m. IST).
• As per the last close, European markets mostly fell after U.S. Federal
Reserve (Fed) kept interest rates steady as widely expected, but indicated
it remains on track to gr adu ally raise rates despite signs of a slowdown in
the pace of growth in business investment.
• As per the last close, U.S markets dropped partially on renewed
concerns about the outlook for interest rates after the U.S. Fed's
monetary policy announcement on Thursday.
MarketsforYou
FIIDerivativeTradeStatistics 09‐Nov
(RsCr) Buy Sell OpenInt.
IndexFutures 277.20 112.46 29371.17
IndexOptions 642.95 642.95 68958.30
StockFutures 91.27 79.67 81403.40
StockOptions 0.00 0.00 8256.65
Total 1011.42 835.08 187989.52
09‐Nov Prev_Day Change
PutCallRatio(OI) 1.60 1.54 0.06
IndianDebtMarket
PutCallRatio(Vol) 1.04 1.07 ‐0.03
09‐Nov Wk.Ago Mth.Ago YearAgo
CallRate 6.47% 6.41% 6.39% 5.89%
CBLO 6.50% 6.30% 6.34% 5.97%
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayT‐Bill 6.92% 6.90% 6.85% 6.07%
364DayT‐Bill 7. 39% 7.42% 7.40% 6.24%
10YearGilt 7.76% 7.78% 8.08% 6.93%
G‐SecVol.(Rs.Cr) 27684 52876 32789 34579
CurrencyMarketUpdate
FBILMIBOR 6.55% 6.55% 6.50% 6.03%
3MonthCPRate 8.55% 8.60% 7.80% 6.74%
5YearCorpBond 8.58% 8.65% 8.96% 7.56%
1MonthCDRate 6.90% 6.97% 6.87% 6.07%
3MonthCDRate 7.64% 7.56% 7.01% 6.21%
1YearCDRate 8.30% 8.34% 8.37% 6.57%
CommodityMarketUpdate
Currency 09‐Nov Prev_Day Change
USD/INR 72.73 73.01 ‐0.28
GBP/INR 94.87 95.30 ‐0.43
EURO/INR 82.52 83.26 ‐0.74
InternationalNews
JPY/INR 0.64 0.64 ‐0.01
Commodity 09‐Nov WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 60.14 63.07 74.90 57.11
BrentCrude($/bl) 68.10 70.20 85.50 65.18
Gold($/oz) 1209 1232 1189 1285
Gold(Rs./10gm) 31773 31565 31049 29391
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
12November2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Nov 2018 Futures settled at 10,623.75, a premium of 38.55
points, above the spot closing of 10,585.20. The turnover on NSE’s
Futures and Options s egment came in at Rs. 4,15,478.29 crore o n Nov 9
compared with Rs. 14,33,762.65 crore on Nov 6.
•ThePut‐Call ratio stood at 0.95 compared with the previous session’s
close of 0.88 on Nov 6.
•TheNiftyPut‐Call ratio stood at 1.60 compared with the previous
session’s close of 1.54 on Nov 6.
• Open interest on Nifty Futures stood at 24.70 million as against the
previous session’s close on Nov 6 at 24.62 million.
•Bondyieldloweredfollowingtheappreciationinrupeeandcontinuous
decline in crude oil. This lowered inflationary concerns, thereby lifting
the market sentiment.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) eased 4 bps to
7.76% compared with the previous close of 7.80% after trading in the
range of 7.75% to 7.78%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 15,743 crore (gross) on Nov 9 compared with a
borrowing of R s. 13,200 crore (gross) on Nov 6. Sale of securities unde r
RBI's reverse repo window stood at Rs. 20,579 crore on Nov 6.
• Banks did not borrow under the central bank’s Marginal Standing
Facility on Nov 6 compared with borrowing of Rs. 806 crore on Nov 5.
• The Indian rupee rose against the greenback as Brent crude prices
tumbled following concerns over global oil oversupply and economic
slowdown. The rupee c lose d at 72.49 a d ollar, up 0.69% compared with
the previous close of 73.00.
• The euro declined against the greenback after the latter r ose following
the Federal Reserve’s reassurance of monetary tightening. The euro was
last seen trading at 1.1349 a dollar, down 0.11% compared with the
previous close of 1.1362.
• Gold prices slipped following Federal Reserve’s monetary policy
announcement where it reiterated its stance for hiking interest rates,
though current interest rate remained unchanged.
• Brent crude prices tumbled following concerns over global oil
oversupply.
• The U.S. Federal Reserve in its monetary policy review kept interest
rates on hold at 2% to 2.25% in its monetary policy review. The U.S.
Federal Reserve maintained i ts upbeat outlook on the U.S. economy and
kept the door open for a rate hike in its monetary policy review
scheduled in Dec 2018.
• Data from the Office for National Statistics showed that the U.K. gross
domestic product grew 0.6% in the third quarter of 2018 after expanding
0.4% a quarter ago, mainly because of household spending and exports.
• Data from the National Bureau of Statistics showed that consumer
price index‐based inflation in China on a yearly basis remained
unchanged at 2.5% in Oct 2018.
MarketsforYou
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