15Nov2018
MarketsforYou
GlobalIndices
GlobalIndices 14‐Nov Prev_Day Abs.Change
%Change
#
DowJones 25,081 25,286 ‐206 ‐0.81
Nasdaq 7,136 7,201 ‐64 ‐0.90
FTSE 7,034 7,054 ‐20 ‐0.28
Nikkei 21,846 21,811 36 0.16
HangSeng 25,654 25,793 ‐138 ‐0.54
IndianIndices 14‐Nov Prev_Day Abs.Change
%Change
#
S&PBSESensex 35,142 35,144 ‐3 ‐0.01
Nifty50 10,576 10,583 ‐6 ‐0.06
Nifty100 10,803 10,807 ‐4 ‐0.04
NiftyBank 25,930 25,769 162 0.63
SGXNifty 10,638 10,614 24 0.23
S&PBSEPower 1 ,963 1,955 8 0.39
S&PBSESmallCap 14,548 14,578 ‐31 ‐0.21
S&PBSEHC 14,231 14,470 ‐239 ‐1.65
Date P/E Div.Yield P/E Div.Yield
14‐Nov 22.93 1.25 25.43 1.25
MonthAgo 22.52 1.28 25.33 1.28
YearAgo 24.10 1.19 25.89 1.09
Nifty50Top3Gainers
Company 14‐Nov Prev_Day
%Change
#
HPCL 244 233 4.68
BPCL 316 303 4.22
UnitedPhos 760 737 3.22
Nifty50Top3Losers DomesticNews
Company 14‐Nov Prev_Day
%Change
#
SunPharma 520 562 ‐7.41
TechMahindra 700 728 ‐3.82
GAIL 353 365 ‐3.50
AdvanceDeclineRatio
BSE NSE
Advances 1177 788
Declines 1418 1002
Unchanged 137 94
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐40913
MFFlows** 112200
*14
th
Nov2018;**13
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)
15November2018
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
411
933
4.17%
(Jul‐18)
• Indian equity markets ended flattish as gains made by oils companies
on the back of declining crude oil prices was offset by losses in the IT
sector because of a stronger rupee. Global cues were weak too as rift
between the European Union and Italy deepened further and U.S. energy
stocks pulled the Wall Street down on declining crude oil prices.
• Key benchmark indices S&P BSE Sensex and Nifty 50 dropped 0.01% and
0.06% to close at 35,141.99 and 10,576.30, respectively. S&P BSE Mid‐
Cap gained 0 .19% while S&P BSE Small Cap lo st 0.21%.
• The overall m arket breadth on BSE was weak with 1,418 scrips declining
and 1,177 scrips advancing. A total of 137 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Oil & Gas was the major gainer, up
1.18%, followed by S&P BSE Fast Moving Consumer Goods and S&P BSE
Telecom, up 0.94% and 0.83%, respectively. The major loser was S&P BSE
Information Technology, down 2.24%, followed by S&P BSE Teck and S&P
BSE Healthcare, down 1.86% and 1.65%, respectively. The oil and gas
sector gained as crude oil prices came close to $65 a barrel level, the
steepest decline in more than three years.
• Government data showed that India’s Wholesale Price Index‐based
inflation (WPI) increased to 5.28% in Oct 2018 from 5.13% in Sep 2018 as
fuel and power and manufactured products inflation went up compared
with the past month. Wholesale price inflation was at 3.68% in Oct 2017.
Inflation in fuel and power increased to 18.44% in Oct from 16.65 in Sep.
Inflation in manufactured products rose t o 4.49% from 4.22% in Sep. Fruit
inflation increased 0.93% in Oct from a decline of 7.35% in Sep. However,
inflation in vegetables declined 18.65% compared with a fall of 3.83% in
Sep. The WPI Food Index came in at ‐0.64% in Oct against 0.14% in Sep.
• The Securities and Exchange Board of India (SEBI) has tightened
disclosure and review requirements for credit rating agencies. This comes
after agencies could not detect debt defaults by a leading finance and
infrastructure companies. SEBI has told credit rating agencies to analyse
deterioration in the liquidity conditions of an issuer they are rating,
monitor its repayment schedules and examine any asset‐liability
disparities. The regulator added that the agencies should reveal
parameters like liquid investments or cash balances, access to any
unutilised credit lin es an d adequacy of cash flows in a specific section on
liquidity in their announcements. SEBI has told credit rating agencies
could treat sharp bond yield sharp deviations from their benchmarks as a
‘material event’.
• Niti Aayog wants to frame a policy prescription on the methods through
which the country should fulfil its coal demand for domestic power and
non‐power sectors. This is aimed at cutting coal imports by 2028. Niti
Aayog has invited bids for research/ study on linking coal output and
consumption requirements. This will help the government body to draft a
comprehensive policy. This is being done to overcome regular coal supply
issues.
• The U.S. President has called Indian trade negotiators as ‘the best’ and
said that trade talks between the two countries are progressing well. He
celebrated Diwali inside the Roosevelt Room of the White House with
almost two d ozen top Indian American officials of his administration.
• Asian equity markets were mostly down as investors worried over
slowing global growth rate and Italy’s government told the European
Union (EU) that it would not change its deficit and economic growth
forecasts for 2019. EU had asked the country to revise its draft budget.
This has f urther deepened the rift between the two an d raised
apprehensions of Italy being the next to leave the single bloc
organisation. Mixed e conomic data saw Chinese markets declining. T oday
(as of Nov 15), Asian markets opened on a mixed note following negative
close on the Wall Street overnight. Both Nikkei and Hang Seng were
trading lower 0.59% and 0.05%, respectively (as at 8 a.m. IST).
• As per the last close, European markets fell on weak Gross Domestic
Product (GDP) data from Japan and Germany that sparked worries about
slower global economic growth. Weak opening on the Wall Street was
also negative for the market.
•Asperthelastclose,U.SmarketsfellassharespricesofaU.S.
technology giant continued to decline and weighed on the market.
MarketsforYou
FIIDerivativeTradeStatistics 14‐Nov
(RsCr) Buy Sell OpenInt.
IndexFutures 3334.73 3446.11 31076.87
IndexOptions 91943.64 91423.03 73115.41
StockFutures 12264.24 12868.15 81532.15
StockOptions 6800.64 6794.32 8970.19
Total 114343.25 114531.61 194694.62
14‐Nov Prev_Day Change
PutCallRatio(OI) 1.57 1.60 ‐0.03
IndianDebtMarket
PutCallRatio(Vol) 0.95 0.98 ‐0.02
14‐Nov Wk.Ago Mth.Ago YearAgo
CallRate 6.34% 6.43% 6.42% 5.84%
CBLO 6.31% 6.39% 4.86% 5.93%
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayT‐Bill 6. 90% 6.93% 6.87% 6.10%
364DayT‐Bill 7.32% 7.42% 7.51% 6.24%
10YearGilt 7.73% 7.80% 7.98% 7.05%
G‐SecVol.(Rs.Cr) 42329 15785 35220 43621
CurrencyMarketUpdate
FBILMIBOR 6.49% 6.50% 6.49% 6.00%
3MonthCPRate 8.40% 8.55% 7.14% 6.74%
5YearCorpBond 8.52% 8.58% 8.86% 7.71%
1MonthCDRate 6.91% 7.02% 6.82% 6.07%
3MonthCDRate 7.55% 7.63% 7.14% 6.21%
1YearCDRate 8.22% 8.34% 8.42% 6.60%
CommodityMarketUpdate
Currency 14‐Nov Prev_Day Change
USD/INR 72.10 72.59 ‐0.48
GBP/INR 93.70 93.49 0. 21
EURO/INR 81.44 81.61 ‐0.17
InternationalNews
JPY/INR 0.63 0.64 0.00
Commodity 14‐Nov WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 56.11 62.11 71.36 55.62
BrentCrude($/bl) 63.72 69.73 81.05 61.40
Gold($/oz) 1211 1226 1218 1281
Gold(Rs./10gm) 30759 31773 31565 29397
Source:ThomsonReutersEikon
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15November2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Nov 2018 Futures settled at 10,605.00, a premium of 28.70
points, above the spot closing of 10,576. 30. The turnover on NSE’s
Futures and Options segment improved to Rs. 10,00,274. 55 cr ore o n Nov
14 compared with Rs. 7,36,361.70 crore on Nov 13.
•ThePut‐Call ratio stood at 0.95 compared with the previous session’s
close of 0.90.
•TheNiftyPut‐Call ratio stood at 1.57 compared with the previous
session’s close of 1.60.
• Open interest on Nifty Futures stood at 25.05 million as against the
previous session’s close at 25.26 m illion.
• Bond yield fell with the gain in rupee. The fall in crude oil prices on
oversupply concerns and worries over global economic slowdown also
helped ease the yield, while reducing concerns over expanding current
account deficit and inflationary pressure.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) decreased 3
bps to 7.73% compared with the previous close of 7.76% after trading in
the range of 7. 70% to 7.75%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,756 crore (gross) on Nov 14 co m pared with a
borrowing of Rs. 3,856 crore (gross) on Nov 13. Sale of securities under
the Reserve Bank of India’s (RBI) reverse repo w i ndow stood at Rs.
33,674 crore on Nov 13.
• Banks did not borrow under the central bank’s Marginal Standing
Facility on Nov 13 compared with borrowing of Rs. 745 crore on Nov 12.
• The Indian rupee improved against the greenback as decline in crude
oil prices eased inflationary concerns and worries over widening current
account deficit. The rupee closed at 72.31 a dollar, up 0.50% compared
with the previous close of 72. 67.
• The euro moved down against the dollar after Italy re‐submitted a
2019 draft budget to the European Union, where all growth numbers
and deficit projection were kept unchanged. The euro was last seen
trading at 1.1271 a dollar, down 0.16% compared with t he previous c lose
of 1.1289.
• Gold prices weakened amid alleviating concerns over the Italian budget
and Brexit deal.
• Brent crude prices remained weak on fears of oversupply. The
slowdown in the global economy owing to geopolitical factors also
maintained downward pressure on the commodity’s price.
• A report from the Eurostat showed that eurozone’s gross domestic
product grew 0.2% in the third quarter 2018 from the second quarter
2018. The economy grew 0.4% in the second quarter.
• A report from the Office for National Statistics showed that U.K.’s
consumer price index grew 2.4% year‐on‐year in Oct 2018, thereby
remaining unchanged against Sep 2018. The CPI inched up 0.1% MoM in
Oct 2018.
• A preliminary report from the Cabinet office showed that Japan's gross
domestic product fell a seasonally adjusted 0.3% on quarter in the third
quarter of 2018 as against a gain of 0.7% in t he second q uarter 2018. On
an annualized seasonally adjusted basis, GDP fell 1.2% on year as against
a gain o f 3% in the second quarter of 2018.
MarketsforYou
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