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18 Nov 2019
Markets for You
Global Indices
Global Indices 15-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,368 1,356 12 0.88
Nasdaq 8,541 8,479 62 0.73
FTSE 7,303 7,293 10 0.14
Nikkei 23,303 23,142 162 0.70
Hang Seng 26,327 26,324 3 0.01
Indian Indices 15-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,357 40,286 70 0.17
Nifty 50 11,895 11,872 23 0.20
Nifty 100 12,023 12,001 22 0.18
Nifty 500 9,667 9,650 17 0.18
Nifty Bank 31,008 30,750 258 0.84
S&P BSE Power 1,908 1,923 -15 -0.76
S&P BSE Small Cap 13,326 13,344 -17 -0.13
S&P BSE HC 13,003 12,923 80 0.62
Date P/E Div. Yield P/E Div. Yield
15-Nov 26.77 1.14 27.32 1.26
Month Ago 26.73 1.21 26.40 1.31
Year Ago 23.09 1.24 25.53 1.25
Nifty 50 Top 3 Gainers
Company 15-Nov Prev_Day
% Change
#
Bharti Infratel 227 209 8.87
Bharti Airtel 393 363 8.43
SBI 322 306 5.20
Nifty 50 Top 3 Losers Domestic News
Company 15-Nov Prev_Day
% Change
#
Indian Oil 132 137 -3.76
Hero Moto 2543 2592 -1.87
BPCL 507 515 -1.57
Advance Decline Ratio
BSE NSE
Advances 1136 844
Declines 1466 1042
Unchanged 162 96
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 82987
MF Flows** 54403
*15
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.
18 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
-431
3.15%
(Jul-19)
• Indian equity markets gained though the initial highs could not be
maintained. The telecom sector lent support as investors grew hopeful that
the government will pitch in to support telecom companies. Couple of leading
telecom companies have posted one of the worse earnings with the deepest
losses in the sector’s history. Sentiment was supported by firm global cues as
U.S. and China looked closer to cracking a deal.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.17% and 0.2%
to close at 40,356.69 and 11,895.45 respectively. S&P BSE MidCap gained
0.63% and S&P BSE SmallCap lost 0.13%.
• The overall market breadth on BSE was weak with 1,140 scrips advancing and
1,461 scrips declining. A total of 163 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 8.4%
followed by S&P BSE Bankex, up 0.9% and S&P BSE Teck, up 0.64%. S&P BSE
Power was the major loser, down 0.76% followed by S&P BSE FMCG, down
0.6% and S&P BSE IT, down 0.44%.
• Among the 31-stock sensitive Sensex pack, Bharti Airtel was the major gainer,
up 8.42%, followed by SBI and Tata Motors DVR that grew 5.19% and 1.96%,
respectively. Hero Motocorp was the major loser, down 1.85%, followed by
Bajaj Auto and Maruti Suzuki India, down 1.43% and 1.38%, respectively.
• Government data showed that India’s trade deficit narrowed to $11.01 billion
in Oct 2019 from $18.00 billion in the same period of the previous year. India’s
trade deficit narrowed as imports fell 16.31% to $37.39 billion in Oct 2019
while exports came down at a comparatively slower rate of 1.11% to $26.38
billion in the same month. Oil imports fell 31.74% to $9.63 billion in Oct 2019
from $14.11 billion in the year-ago period. However, gold imports increased
4.74% to $1.84 billion.
• The government has collected Rs. 6 lakh crore or less than 50% of the total
tax collection target of Rs. 13.35 lakh crore for FY20, media reports showed.
Central Board of Direct Taxes chairman said efforts are being made to achieve
the target set in the budget.
• The government could lower penalties under the Companies Act in its efforts
to improve compliance, media reports showed. Concessions will be offered to
startups, smaller entities and farmer producer companies. A company law
panel is expected to recommend lower penalties—half of that levied on larger
companies-—for startups, smaller entities, single-person companies and
farmer producer organisations.
• The labour ministry plans to cancel its proposal to corporatize the Employees’
Provident Fund Organisation (EPFO), media reports showed. It may go back to
its earlier proposal of setting up a body headed by the Prime Minister to
oversee the social security of nearly 500 million workers. This comes after it
was taken to task by the Prime Minister’s Office.
• Ashok Leyland’s standalone profit before tax declined 97% to Rs 19.11 crore
in the second quarter of FY20 compared with Rs. 670.8 crore during the year-
ago period. The commercial vehicle makers total revenue fell 48% to Rs. 3,975
crore during the quarter from Rs. 7,648.65 crore during same quarter last year.
• The Competition Commission of India (CCI) has approved Adani Properties'
acquisition of 23.5% stake Mumbai International Airport, which is the country's
second busiest aerodrome. Adani Properties has acquired the shares from
Mauritius based Bid Services Division and ACSA Global Ltd.
• Asian equity markets were mostly higher as the U.S. economic adviser said
U.S. and China are in constant touch and the phase one trade deal was close
though "not done yet." Sentiment was buoyed by China lifting a nearly five-
year ban on imports of U.S. poultry meat. Today (as of Nov 18), Asian markets
opened on a mixed note as investors focused on further developments on U.S.
and China trade deal. However, both Nikkei and Hang Seng were trading up
0.16% and 0.44%, respectively (as at 8.a.m. IST).
• European markets gained on U.S.-China trade optimism. The U.S. economic
adviser said U.S. and China are in constant touch and the phase one trade deal
was close though "not done yet." Sentiment was buoyed by China lifting a
nearly five-year ban on imports of U.S. poultry meat.
• U.S. markets gained after the White House economic advisor said China and
the U.S. were getting closer to cracking a trade deal. He added that the talks
were constructive and consistent.
Markets for You
FII Derivative Trade Statistics
15-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 3493.19 3934.83 17006.25
Index Options 525667.85 522710.62 48587.45
Stock Futures 11658.93 11193.47 91489.96
Stock Options 5031.31 5060.19 4998.55
Total 545851.28 542899.11 162082.21
15-Nov Prev_Day
Change
Put Call Ratio (OI) 1.39 1.17 0.22
Put Call Ratio(Vol) 0.93 0.81 0.12
15-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 5.09% 5.02% 5.05% 6.34%
T-Repo 4.92% 5.00% 4.60% 6.27%
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% 5.06% 5.08% 6.85%
364 Day T-Bill 5.20% 5.30% 5.34% 7.26%
10 Year Gilt 6.52% 6.56% 6.49% 7.76%
G-Sec Vol. (Rs.Cr) 35660 32461 34075 29797
FBIL MIBOR 5.25% 5.25% 5.20% 6.49%
3 Month CP Rate 5.50% 5.60% 5.90% 8.35%
5 Year Corp Bond 7.50% 7.46% 7.50% 8.54%
1 Month CD Rate 5.03% 5.51% 4.87% 6.89%
3 Month CD Rate 5.15% 5.29% 5.53% 7.66%
1 Year CD Rate 5.92% 5.78% 6.15% 8.18%
Currency 15-Nov Prev_Day
Change
USD/INR 71.71 72.05 -0.34
GBP/INR 92.37 92.43 -0.06
EURO/INR 79.04 79.24 -0.19
JPY/INR 0.66 0.66 0.00
Commodity 15-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
57.49 56.97 52.76 56.40
Brent Crude($/bl) 63.46 62.29 59.73 64.45
Gold( $/oz) 1467 1458 1481 1213
Gold(Rs./10 gm) 38096 37919 38534 30906
Source: Thomson Reuters Eikon
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
18 November 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Nov 2019 Futures stood at 11,942.60, a premium of 47.15 points above
the spot closing of 11,895.45. The turnover on NSE’s Futures and Options
segment fell to Rs. 8,62,939.14 crore on November 15, 2019, compared with
Rs. 31,59,829.83 crore on November 14, 2019.
• The Put-Call ratio stood at 0.84 compared with the previous session’s close of
0.68.
• The Nifty Put-Call ratio stood at 1.39 compared with the previous session’s
close of 1.17.
• Open interest on Nifty Futures stood at 16.48 million, compared with the
previous session’s close of 16.2 million.
• Bond yields were nearly unchanged amid speculations that the monetary
policy committee will trim policy rates in the upcoming policy review meeting
following the slump in IIP data for the second consecutive month in Sep 2019.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) remained
unchanged at 6.52% compared with the previous close after trading in a range
of 6.51% to 6.53%.
• Yield on the old 10-year benchmark paper (7.26% GS 2029) decreased 2 bps to
close at 6.69% compared with the previous close of 6.71% after trading in a
range of 6.68% to 6.71%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 5,627 crore (gross) on Nov 15, 2019 compared with
borrowings of Rs. 3,727 crore (gross) on Nov 14, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 13,193 crore on
Nov 14, 2019.
• The rupee rose against the greenback as investor risk sentiment improved on
hopes of a trade deal between U.S. and China. The rupee rose 0.26% to close at
Rs. 71.78 per dollar compared with the previous close of Rs. 71.97.
• Euro rose against the greenback as the investor risk sentiment improved on
optimism for the ongoing trade talks between U.S. and China. Euro was trading
at $1.1050, up 0.26% compared with the previous close of $1.1021.
• Gold prices fell following reports of U.S. and China trade deal after White
House economic adviser reportedly stated that both the countries are close to
cracking a partial trade deal.
• Brent crude prices surged amid optimism that the U.S. and China are close to
cracking down a partial trade deal.
• A Commerce Department report showed U.S. retail sales rebounded by
slightly more than expected in Oct 2019 by 0.3% in Oct 2019, reversing the
0.3% drop in Sep 2019.
• According to a report released by the Federal Reserve, industrial production in
the U.S. fell by much more than expected in Oct 2019. Industrial production
tumbled 0.8% in Oct after falling by 0.3% in September.
• Federal Reserve Bank of New York showed a modest slowdown in the pace of
growth in regional manufacturing activity in Nov 2019 with headline general
business conditions index edged down to 2.9 in Nov 2019 from 4.0 in Oct 2019.
• According to a report released by the Labor Department, import prices in the
U.S. fell by much more than expected in Oct 2019. Import prices slid 0.5% in
Oct, inching up by a revised 0.1% in Sep 2019.
Markets for You
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