13Nov2018
MarketsforYou
GlobalIndices
GlobalIndices 12‐Nov Prev_Day Abs.Change
%Change
#
DowJones 25,387 25,989 ‐602 ‐2.32
Nasdaq 7,201 7,407 ‐206 ‐2.78
FTSE 7,053 7,105 ‐52 ‐0.74
Nikkei 22,270 22,250 20 0.09
HangSeng 25,633 25,602 31 0.12
IndianIndices 12‐Nov Prev_Day Abs.Change
%Change
#
S&PBSESensex 34,813 35,159 ‐346 ‐0.98
Nifty50 10,482 10,585 ‐103 ‐0.97
Nifty100 10,715 10,823 ‐108 ‐1.00
NiftyBank 25,540 25,771 ‐231 ‐0.90
SGXNifty 10,491 10,581 ‐90 ‐0.85
S&PBSEPower 1,941 1,978 ‐37 ‐1.86
S&PBSESmallCap 14,549 14,672 ‐122 ‐0.83
S&PBSEHC 14,588 14,693 ‐105 ‐0.72
Date P/E Div.Yield P/E Div.Yield
12‐Nov 22.51 1.27 25.21 1.26
MonthAgo 22.52 1.28 25.33 1.28
YearAgo 24.45 1.17 26.35 1.08
Nifty50Top3Gainers
Company 12‐Nov Prev_Day
%Change
#
TitanIndustriesLimited 895 848 5.56
TechMahindra 725 707 2.45
TataSteel 583 572 1. 86
Nifty50Top3Losers DomesticNews
Company 12‐Nov Prev_Day
%Change
#
HPCL 225 241 ‐6.73
TataMotors 186 195 ‐4.71
IndianOil 135 142 ‐4.66
AdvanceDeclineRatio
BSE NSE
Advances 1017 669
Declines 1567 1144
Unchanged 178 86
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐41536
MFFlows** 112662
*9
th
Nov2018;**9
th
Nov2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
3.31%
(Oct‐18)
3.58%
(Oct‐17)
IIP
4.50%
(Sep‐18)
4.10%
(Sep‐17)
GDP
8.20%
(Jun‐18)
5.60%
(Jun‐17)
13November2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
7.00%
(Jun‐18)
7.70%
(Mar‐18)
QuarterAgo
Inflow/Outflow
‐144
‐271
4.17%
(Jul‐18)
• Indian equity markets ended in the red as investors turned cautious
before the release of key economic data. Weakness in rupee and the
tussle between the government and the Reserve Bank of India weighed
on investor sentiment. Also, global crude oil prices increased more than
1% on news that Saudi Arabia will cut crude sales in Dec 2018.
• Key benchmark indices S&P B SE Sensex and Nifty 50 declined 0.98% and
0.97% to close at 34,812.99 and 10,482.20, respectively. S&P BSE Mid‐
Cap and S&P BSE Small Cap decreased 0.91% and 0.83%, respectively.
• The overall market breadth on BSE was weak with 1,017 scrips
advancing and 1,567 scrips declining. A total of 178 scrips remained
unchanged.
• On the BSE sectoral front, only three sectors gained of which S&P BSE
Consumer Durables was the major gainer, up 1.38%, followed by S&P BSE
Information Technology and S&P BSE Teck, up 0.46% and 0.04%,
respectively. S&P BSE Auto and S&P BSE Telecom were the major losers,
down 2.31% and 1.97%, respectively, followed by S&P BSE Oil & Gas and
S&P BSE Power, down 1.94% and 1.86%, respectively.
• Government data showed that the consumer price index‐based
inflation or retail inflation came in at a 13‐month low of 3.31% in Oct
2018 compared to 3.70% in the previous month and 3.58% in the same
month of the previous year. The consumer food price index‐based
inflation subsequently stood at ‐0.86% in Oct 2018 compared to 0.51% in
the previous month and 1.90% in the same m onth of the previous year.
Retail inflation for vegetables, pulses, sugar and confectionary witnessed
deflation and c ontracted 8.06%, 10.28% and 7.64% in Oct 2018. However,
inflation for fuel and light grew 8.55% in Oct 2018 from 8.47% in the
previous month.
• Government data showed that the index of industrial production (IIP)
slowed to 4.5% in Sep 2018 from 4.7% in the previous m onth but rose
from 4.1% in the same period of the previous year. For the period from
Apr to Se p of 2018 IIP grew 5.1% from 2.6% in the s ame p e riod o f the
previous year. On the sectoral front, the manufacturing sector grew 4.6%
in Sep 2018 from 3.8% in the same month of the previous year. The
infrastructure/construction goods witnessed a maximum growth of 9.5%
compared to a growth of 0.5% in the same month of the previous year.
The mining sector witnessed the minimum growth of 0.2% compared to a
growth of 7.6% in the same month of the previous year.
• According to media news, the Securities and Exchange Board of India
(SEBI) may tighten rules for liquid mutual funds holding assets worth Rs. 8
lakh crore or more. This is being mulled to curb volatility in flows after the
recent liquidity crunch among finance companies because of a leading
infrastructure and finance company defaulting on its debt payments. SEBI
is planning a short lock‐in period under liquid funds and may also make it
mandatory for them to mark to market the value of more bonds and
allow segregation of debt instruments in mutual fund portfolios that are
in trouble, said the media report. A lock‐in period could hit the popularity
of the product among institutional investors, according to experts.
Experts fear any drastic tampering with duration by SEBI will hit the
inflows to these funds.
• Asian equity markets were mixed as investors awaited the release of
key Chinese economic data and remained worried over slowing global
growth. China gained after its securities regulator introduced a series of
steps to support the economy. Today (as of Nov 13), Asian markets
opened lower following notable decline on the Wall Street overnight.
Both Nikkei and Hang Se ng were trading lower 3.03% and 1.86%,
respectively (as at 8 a.m. IST).
• As per the last close, European markets declined on concerns over the
budget impasse between Italy and European Union (EU). EU has asked
Italian government to present a revised budget plan on Tuesday.
European Central Bank Vice President cautioned that Italy's budget crisis
poses concerns about public finances.
• As per the last close, U.S markets plunged partially due to fall in shares
prices of a U.S. technology giant and a major Industrial conglomerate.
Moreover, concerns about the outlook for global economic growth and a
continued increase in U.S. interest rates further contributed to the selling.
MarketsforYou
FIIDerivativeTradeStatistics 12‐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
12‐Nov Prev_Day Change
PutCallRatio(OI) 1.51 1.60 ‐0.09
IndianDebtMarket
PutCallRatio(Vol) 1.02 1.04 ‐0.02
12‐Nov Wk.Ago Mth.Ago YearAgo
CallRate 6.46% 6.41% 6.42% 5.88%
CBLO 6.50% 6.17% 4.86% 5.11%
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayT‐Bill 6.89% 6.90% 6.87% 6.10%
364DayT‐Bill 7. 39% 7.43% 7.51% 6.24%
10YearGilt 7.80% 7.81% 7.98% 6.96%
G‐SecVol.(Rs.Cr) 23298 11970 35220 43728
CurrencyMarketUpdate
FBILMIBOR 6.51% 6.54% 6.49% 6.00%
3MonthCPRate 8.45% 8.50% 7.75% 6.74%
5YearCorpBond 8.60% 8.64% 8.86% 7.59%
1MonthCDRate 6.96% 6.91% 6.82% 6.06%
3MonthCDRate 7.69% 7.49% 7.14% 6.19%
1YearCDRate 8.30% 8.32% 8.42% 6.60%
CommodityMarketUpdate
Currency 12‐Nov Prev_Day Change
USD/INR 72.91 72.73 0.17
GBP/INR 93.99 94.87 ‐0.88
EURO/INR 82.43 82.52 ‐0.09
InternationalNews
JPY/INR 0.64 0.64 0.00
Commodity 12‐Nov WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 59.80 63.07 71.36 56.70
BrentCrude($/bl) 68.90 71.77 81.05 64.84
Gold($/oz) 1201 1231 1218 1276
Gold(Rs./10gm) 31200 31739 31565 29501
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
13November2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Nov 2018 Futures settled at 10,503.85, a premium of 21.65
points, above the spot closing of 10,482.20. The turnover on NSE’s
Futures and Options segment improved to Rs. 5,71,569.46 on Nov 12
compared with Rs. 4,15,478.29 on Nov 9.
•ThePut‐Call ratio stood at 1.04, compared with the previous session’s
close of 0.95.
•TheNiftyPut‐Call ratio stood at 1.51 compared with the previous
session’s close of 1.60.
• Open interest on Nifty Futures stood at 25.37 million as against the
previous session’s close at 24.70 million.
•Bondyieldloweredfollowingtheplungeinrupeeandreboundincrude
oil prices, which raised inflationary concerns and hurt the market
sentiment.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) increased 3 bps
to 7.80% compared with the previous close of 7.77% af ter trading in the
range of 7.78% to 7.82%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 6,343 crore (gross) on Nov 12 compared with a
borrowing of Rs. 15,743 crore (gross) on Nov 9. Sale of securities under
Reserve Bank of In dia’s (RBI) reverse repo wi ndow stood at R s. 22,707
crore on Nov 9.
• Banks borrowed Rs. 1,261 crore under the central bank’s Marginal
Standing Facility on Nov 9 compared with no borrowing on Nov 6.
• The Indian rupee drifted lower against the greenback after the latter
strengthened following strong U.S. economic data and U.S. Federal
Reserve’s reconfirmation of the rate hikes. The rupee closed at 72.89 a
dollar, down 0.55% compared with the previous close of 72.49.
• The euro declined against the greenback as the latter continued to gain
from the U.S. Fed’s reassurance of monetary tightening. The euro was
last seen trading at 1.1265 a dollar, down 0.61% compared with the
previous close of 1.1334.
• Gold prices weakened against the greenback as the latter continued to
gain from the U.S. Federal Reserve’s announcement w here it reassured
the hike in interest rate in Dec 2018.
• Brent crude prices edged up on news that Saudi Arabia would lower its
production for Dec.
• According to the Labor Department, U.S. producer prices rose 0.6% in
Oct 2018 as against 0.2% rise in Sep 2018. Core producer prices also rose
0.5% in Oct after rising 0.2% in Sep 2018.
• According to the Commerce Department, U.S. wholesale inventories
grew 0.4% in Sep 2018 as compared with 0.9% in Aug 2018. Durable
goods inventories rose 0.8% in Sep 2018 after rising 1% in Aug 2018.
Meanwhile, non‐durable goods fell 0.4% in Sep 2018 after climbing by
0.8% in Aug 2018.
• As per data from the Office for National Statistics, U.K.'s trade deficit
came in at GBP 9.73 billion in Sep 2018 compared with a deficit of GBP
11.72 billion in Aug 2018. The total trade balance registered a deficit of
GBP 27 million as against GBP 2.1 billion shortfall in Aug 2018.
MarketsforYou
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