Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 Nov 2019
Markets for You
Global Indices
Global Indices 13-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,353 1,352 2 0.12
Nasdaq 8,482 8,486 -4 -0.05
FTSE 7,351 7,365 -14 -0.19
Nikkei 23,320 23,520 -200 -0.85
Hang Seng 26,571 27,065 -494 -1.82
Indian Indices 13-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,116 40,345 -229 -0.57
Nifty 50 11,840 11,913 -73 -0.61
Nifty 100 11,981 12,053 -73 -0.60
Nifty 500 9,634 9,696 -62 -0.64
Nifty Bank 30,542 31,116 -574 -1.84
S&P BSE Power 1,935 1,958 -24 -1.20
S&P BSE Small Cap 13,345 13,498 -153 -1.13
S&P BSE HC 12,957 13,126 -169 -1.29
Date P/E Div. Yield P/E Div. Yield
13-Nov 26.38 1.16 27.31 1.26
Month Ago 26.78 1.21 26.11 1.32
Year Ago 22.82 1.26 25.45 1.25
Nifty 50 Top 3 Gainers
Company 13-Nov Prev_Day
% Change
#
Britannia Industries Limited 3270 3120 4.81
TCS 2179 2101 3.70
RIL 1472 1428 3.12
Nifty 50 Top 3 Losers Domestic News
Company 13-Nov Prev_Day
% Change
#
Yes Bank 68 73 -6.58
GAIL 124 130 -4.99
Zee Ente. 291 305 -4.86
Advance Decline Ratio
BSE NSE
Advances 941 679
Declines 1640 1175
Unchanged 157 102
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 81900
MF Flows** 54403
*13
th
Nov 2019; **5
th
Nov 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
4.62%
(Oct-19)
3.38%
(Oct-18)
IIP
-4.30%
(Sep-19)
4.60%
(Sep-18)
GDP
5.00%
(Jun-19)
8.00%
(Jun-18)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 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
1.30%
(Jun-19)
5.80%
(Mar-19)
Quarter Ago
Inflow/Outflow
-1425
1580
3.15%
(Jul-19)
• Indian equity markets edged lower on disappointing Sep 2019 industrial
output (IIP) figures, and cautiousness ahead of the release of CPI inflation data,
scheduled after market hours. Also, sentiment dampened on growing concerns
over U.S.-China trade deal uncertainties and Hong Kong protests.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.57% and 0.61% to
close at 40,116.06 and 11,840.45, respectively. S&P BSE MidCap and S&P BSE
SmallCap lost 0.77% and 1.13% respectively.
• The overall market breadth on BSE was weak with 941 scrips advancing and
1,640 scrips declining. A total of 157 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 1.6%,
followed by S&P BSE Consumer Durables, up 0.39%, and S&P BSE IT, up 0.17%.
S&P BSE Metal was the major loser, down 2.27% followed by S&P BSE Realty,
down 1.99% and S&P BSE Bankex, down 1.91%.
• Consumer price index-based inflation rate increased to 4.62% in Oct 2019
from 3.99% in Sep 2019 and 3.38% in Oct 2018. This marked a 16-month high
and crossed the Reserve Bank of India’s mid-term target of 4%. Consumer Food
Price Index increased to 7.89% in Oct from 5.11% rise in Sep and a decline of
0.86% in the same period of the previous year. Prices of vegetables and pulses
increased 26% and 12% YoY, respectively. The prices of meat and fish also rose
almost 10%.
• Media reports showed the finance ministry has started an exercise to
formulate the next budget by looking for industry and trade associations’
suggestions on changes in direct and indirect taxes. The finance minister will
present the annual budget for 2020-21 on Feb 1, 2020. This comes as the
minister had to announce extra steps to stimulate the economy within a month
of her first budget. The Department of Revenue in the finance ministry has put
out a circular seeking suggestions for changes in income tax rates for both
individuals and corporates as well as in indirect taxes such as excise and
customs duty.
• The government could make changes to dividend distribution tax that will
raise returns for investors, media reports showed. This comes as authorities try
to revive foreign fund inflows. The budget statement due in Feb 2019 may
include a proposal to tax dividends once they are paid to shareholders, rather
than where the company pays the levy. This will allow individuals to claim
refunds in their home jurisdictions.
• SpiceJet’s loss widened to Rs. 462.6 crore in the three months ended Sep
2019. This comes as the low-cost carrier is hit by expenses related to grounding
of Boeing 737 MAX planes and changes in accounting norms. In the year-ago
period, the airline's loss stood at Rs. 389.4 crore.
• Asian equity markets declined after the U.S. President threatened further
increase in tariffs if a trade deal with China is not reached, though he said they
could soon complete an initial trade deal. Growing unrest in Hong Kong also
dampened sentiment. Today (as of Nov 14), Asian markets opened mixed as the
U.S. Federal Reserve chief said interest rates were unlikely to change going
forward. Nikkei was trading up 0.15% and Hang Seng was trading down 0.14%
(as at 8.a.m. IST).
• European markets fell as the U.S. President threatened further increase in
tariffs if a trade deal with China is not reached, though he said they could soon
complete an initial trade deal. Investors also kept their eyes on U.S. Federal
Reserve’s testimony before the Congress to get cues on interest rate outlook.
• U.S. markets gained on the back of upbeat corporate news and earnings. This
helped them digest Federal Reserve chief’s comment that rates may not
change in the near future and the uncertainties around U.S.-China trade deal.
Markets for You
FII Derivative Trade Statistics 13-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 2245.54 2736.52 16261.12
Index Options 191363.57 190160.77 53129.93
Stock Futures 10433.77 10574.31 90910.71
Stock Options 4307.68 4382.15 4593.52
Total 208350.56 207853.75 164895.28
13-Nov Prev_Day
Change
Put Call Ratio (OI) 1.09 1.28 -0.20
Put Call Ratio(Vol) 0.86 0.90 -0.04
13-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 5.09% 5.07% 5.04% 6.42%
T-Repo 4.91% 4.93% 4.58% 6.38%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.04% 4.97% 5.15% 6.90%
364 Day T-Bill 5.21% 5.21% 5.38% 7.37%
10 Year Gilt 6.53% 6.49% 6.51% 7.76%
G-Sec Vol. (Rs.Cr) 30001 36458 36469 36494
FBIL MIBOR* 5.25% 5.25% 5.22% 6.55%
3 Month CP Rate 5.50% 5.60% 6.00% 8.45%
5 Year Corp Bond 7.44% 7.42% 7.59% 8.54%
1 Month CD Rate 5.04% 5.38% 5.00% 6.99%
3 Month CD Rate 5.32% 5.14% 5.31% 7.69%
1 Year CD Rate 5.79% 5.92% 6.21% 8.29%
Currency 13-Nov Prev_Day
Change
USD/INR 71.70 71.45 0.26
GBP/INR 92.17 91.42 0.75
EURO/INR 78.97 78.75 0.22
JPY/INR 0.66 0.66 0.00
Commodity 13-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
56.83 56.10 54.71 55.58
Brent Crude($/bl) 62.41 62.25 61.48 64.54
Gold( $/oz) 1463 1490 1489 1202
Gold(Rs./10 gm) 38205 38304 38154 30898
Source: Thomson Reuters Eikon *As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 November 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
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sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since Reliance Nippon
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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 Nov 2019 Futures stood at 11,863.25, a premium of 22.80 points above
the spot closing of 11,840.45. The turnover on NSE’s Futures and Options
segment rose to Rs. 13,70,346.64 crore on November 13, 2019, compared with
Rs. 9,12,702.67 crore on November 11, 2019.
• The Put-Call ratio remained unchanged compared with the previous session’s
close of 0.85.
• The Nifty Put-Call ratio stood at 1.09 compared with the previous session’s
close of 1.28.
• Open interest on Nifty Futures stood at 16.37 million, compared with the
previous session’s close of 16.09 million.
• Bond yields eased following weak industrial production numbers for the
second straight month, which raised speculations of monetary easing. The
country’s industrial output declined 4.3% in Sep 2019 compared with a year
earlier.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) lowered 4 bps to
close at 6.53% compared with the previous close of 6.57% after trading in a
range of 6.53% to 6.55%.
• Yield on the old 10-year benchmark paper (7.26% GS 2029) decreased 4 bps to
close at 6.73% compared with the previous close of 6.77% after trading in a
range of 6.72% to 6.75%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 6,052 crore (gross) on Nov 13, 2019 compared with
borrowings of Rs. 3,647 crore (gross) on Nov 11, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 17,637 crore on
Nov 11, 2019.
• The Indian rupee weakened against the greenback following losses in the
domestic equity markets amid weak industrial output data for Sep 2019 and
dollar purchases by foreign banks. The rupee closed at 72.09 a dollar compared
with the previous close 71.46.
• The euro remained almost steady against the greenback. U.S consumer prices
grew more than market expectations in Oct 2019 and chairperson of U.S. Fed
indicated an optimistic outlook for the economy, thereby strengthening the
chances to pause monetary easing cycle by the central bank. The euro closed at
1.1006 compared with previous close of 1.1007.
• Gold prices closed higher following its growing safe haven appeal in the midst
of the developments on the U.S.- China trade deal.
• Brent crude prices traded higher after data from American Petroleum Institute
showed that U.S. crude oil inventories fell by around 500,000 barrels for the
week to Nov. 8.
• Federal Reserve chairman has testified before the Congress that the central
bank is likely to leave interest rates on hold in the near future.
• Figures from the Office for National Statistics showed U.K. consumer price
inflation eased more than expected in Oct 2019 to its lowest level in three years
as consumer price index rose 1.5% YoY following a 1.7% increase in Sep 2019.
• Data from the Bank of Japan showed producer prices fell at a slower rate in
Oct 2019. The producer price index fell 0.4% YoY in Oct, following a 1.1%
decline in Sep 2019.
Markets for You
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