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19 Nov 2019
Markets for You
Global Indices
Global Indices 18-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,370 1,368 2 0.14
Nasdaq 8,550 8,541 9 0.11
FTSE 7,308 7,303 5 0.07
Nikkei 23,417 23,303 113 0.49
Hang Seng 26,681 26,327 354 1.35
Indian Indices 18-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,284 40,357 -73 -0.18
Nifty 50 11,885 11,895 -11 -0.09
Nifty 100 12,011 12,023 -12 -0.10
Nifty 500 9,669 9,667 1 0.01
Nifty Bank 30,992 31,008 -16 -0.05
S&P BSE Power 1,916 1,908 7 0.38
S&P BSE Small Cap 13,363 13,326 36 0.27
S&P BSE HC 13,160 13,003 157 1.21
Date P/E Div. Yield P/E Div. Yield
18-Nov 28.03 1.15 27.29 1.26
Month Ago 27.51 1.17 26.94 1.28
Year Ago 23.31 1.23 25.69 1.24
Nifty 50 Top 3 Gainers
Company 18-Nov Prev_Day
% Change#
Bharti Airtel 409 393 4.11
Tata Steel 410 395 3.94
United Phos 549 530 3.53
Nifty 50 Top 3 Losers Domestic News
Company 18-Nov Prev_Day
% Change#
Yes Bank 66 69 -4.15
Bajaj Auto 3157 3215 -1.82
Britannia Industries Limited 3141 3196 -1.71
Advance Decline Ratio
BSE NSE
Advances 1169 847
Declines 1397 1019
Unchanged 205 107
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 81821
MF Flows** 54403
*18
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.
19 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
-1167
3.15%
(Jul-19)
• Indian equity markets traded lower as investors looked listless in the face of
lack of any major global or domestic triggers. Markets are focusing on the
progress of trade talks between U.S. and China, movement of crude oil prices
and currency fluctuations.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.18% and 0.09% to
close at 40,284.19 and 11,884.50, respectively. S&P BSE MidCap and S&P BSE
SmallCap gained 0.44% and 0.27% respectively.
• The overall market breadth on BSE was weak with 1,169 scrips advancing and
1,397 scrips declining. A total of 205 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 3.42%
followed by S&P BSE Metal, up 1.71% and S&P BSE Basic Materials, up 1.39%.
S&P BSE Capital Goods was the major loser, down 0.68% followed by S&P BSE
Auto, down 0.55% and S&P BSE Energy, down 0.45%.
• Media reports showed the finance ministry has said India's economic growth
decelerated but the country is still the fastest growing among G-20 nations in
2019-20. Finance minister said the goal of $5 trillion economy will be achieved
by 2025.
• Union minister said the government has given 'in-principle' approval for the
sale of strategic stakes in 28 state-run companies, according to media reports.
This includes the troubled state carrier. The government has raised Rs. 173.64
billion ($2.43 billion) in FY20 so far against the full-year's target of Rs. 1.05
trillion.
• Government’s think tank NITI Aayog has zeroed in on a few focus areas on
future health systems. This includes delivering on unfinished public health
agenda, empowering citizens to become better buyers of health services, and
harnessing the power of digital healthcare. NITI Aayog released its report
‘Health Systems for a New India: Building Blocks—Potential Pathways to
Reforms". The department recommended a change in health financing and
integrating health services delivery.
• Media reports showed Dewan Housing Finance Corp. Ltd’s (DHFL) debt
recovery process has hit a roadblock as many collection agents are quitting in
the wake of the crisis at the mortgage lender. Banks are hoping to recover
loans worth Rs. 38,342 crore by implementing a debt resolution plan.
• Tata Motors has signed an agreement with commercial electric vehicle fleet
provider Lithium Urban Technologies. The pact will the auto major to address
mobility solutions across passenger, mass transit and freight segments. Tata
Motors will supply 400 Tigor EV units to Lithium Urban by the end of the
current fiscal, Tata Motors said in a statement, media reports showed.
• HCL Tech has concluded the sale of its wholly-owned subsidiary HCL Insys. It
has concluded the sale of entire shareholding of HCL Insys.
• Asian equity markets were mostly higher as investors looked forward to
further progress in U.S.-China trade talks towards a phase one deal. Media news
showed that the U.S. and China had "constructive discussions". China's central
bank unexpectedly cutting a key interest rate, for the first time since 2015, also
supported markets. Today (as of Nov 19), Asian markets opened lower amid
concerns over the direction of U.S.-China trade talks. In overnight
developments, media reports showed Beijing is pessimistic about a trade deal.
Nikkei was trading down 0.41% and Hang Seng were trading up 0.36% (as at
8.a.m. IST).
• European markets lost on waning trade optimism. Media reports showed
Beijing is pessimistic of the chances of striking a trade deal with the U.S. as it is
troubled by U.S. President’s reluctance to roll back tariffs.
• U.S. markets touched fresh highs but gave up most of the gains as U.S.-China
trade concerns remerged on the back of a few media reports. The reports
showed there is pessimism in Beijing over cracking a trade deal with the U.S.
Markets for You
FII Derivative Trade Statistics 18-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 3191.65 3847.76 17559.20
Index Options 180129.21 179054.29 54299.37
Stock Futures 12697.14 12732.72 92291.09
Stock Options 6531.77 6535.67 5147.59
Total 202549.77 202170.44 169297.25
18-Nov Prev_Day
Change
Put Call Ratio (OI) 1.32 1.39 -0.07
Put Call Ratio(Vol) 0.95 0.93 0.02
18-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 5.06% 5.06% 5.10% 6.36%
T-Repo 4.93% 4.99% 4.90% 6.29%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.00% 5.03% 5.05% 6.76%
364 Day T-Bill 5.15% 5.21% 5.25% 7.24%
10 Year Gilt 6.48% 6.57% 6.52% 7.82%
G-Sec Vol. (Rs.Cr) 46688 17969 24960 25907
FBIL MIBOR* 5.25% 5.14% 5.22% 6.50%
3 Month CP Rate 5.50% 5.55% 5.80% 8.35%
5 Year Corp Bond 7.47% 7.48% 7.55% 8.61%
1 Month CD Rate 5.06% 5.10% 4.94% 6.93%
3 Month CD Rate 5.04% 5.29% 5.67% 7.65%
1 Year CD Rate 5.82% 5.77% 5.86% 8.17%
Currency 18-Nov Prev_Day
Change
USD/INR 71.71 71.71 0.00
GBP/INR 92.70 92.37 0.34
EURO/INR 79.32 79.04 0.27
JPY/INR 0.66 0.66 0.00
Commodity 18-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
56.77 56.56 53.70 56.44
Brent Crude($/bl) 63.66 62.62 60.50 64.13
Gold( $/oz) 1471 1456 1490 1221
Gold(Rs./10 gm) 37931 37993 38241 30912
Source: Thomson Reuters Eikon *As on previous trading day
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
19 November 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Nov 2019 Futures stood at 11,920.90, a premium of 36.40 points above
the spot closing of 11,884.50. The turnover on NSE’s Futures and Options
segment fell to Rs. 7,53,248.66 crore on November 18, 2019, compared with Rs.
8,62,939.14 crore on November 15, 2019.
• The Put-Call ratio stood at 0.88 compared with the previous session’s close of
0.84.
• The Nifty Put-Call ratio stood at 1.32 compared with the previous session’s
close of 1.39.
• Open interest on Nifty Futures stood at 16.51 million, compared with the
previous session’s close of 16.48 million.
• Bond yields eased after the country’s minister of state of finance said that the
government proposes to meet its fiscal deficit target of 3.3% in this financial
year. This offered some relief to investors on fiscal slippage.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) dropped 4 bps to
close at 6.48% compared with the previous close of 6.52% after trading in a
range of 6.48% to 6.53%.
• Yield on the old 10-year benchmark paper (7.26% GS 2029) decreased 4 bps to
close at 6.65% compared with the previous close of 6.69% after trading in a
range of 6.64% to 6.70%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 4,527 crore (gross) on Nov 18, 2019 compared with
borrowings of Rs. 5,627 crore (gross) on Nov 15, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 14,371 crore on
Nov 15, 2019.
• The rupee fell against the greenback following losses in the domestic equity
market. Dollar purchases by state run banks also contributed to the downside.
The rupee fell 0.09% to close at Rs. 71.84 per dollar compared with the previous
close of Rs. 71.78.
• Euro rose against the greenback on hopes that the U.S. and China are close to
reaching a trade deal even though some uncertainty over the same persisted
amid reports that the U.S. President was reluctant to roll back tariffs. Euro was
trading at $1.1070, up 0.18% compared with the previous close of $1.1050.
• Gold prices rose as its safe haven appeal improved on reports that China
remained doubtful of a trade deal with the U.S. as the U.S. President was
reluctant to roll back tariffs.
• Brent crude prices rose ahead of the OPEC meeting scheduled to be held on
Dec 5 and Dec 6 in Vienna where it will discuss its output policy.
• A Commerce Department report showed business inventories in the U.S. were
virtually unchanged in Sep 2019. Business inventories had edged down 0.1% in
Aug 2019.
• Data from IHS Markit showed a measure of U.K. household finance remained
unchanged in Nov 2019 and continued to signal a negative assessment.
• The Bundesbank said Germany's economy is set to remain weak in the final
three months of the year, but a recession is unlikely. The bank expects "The
current period of weakness in the German economy to continue in the final
quarter of 2019".
• The People's Bank of China unexpectedly cut its short-term lending rate, the
first reduction in more than four years. The People's Bank of China lowered the
seven-day repurchase rate to 2.50% from 2.55%, the first cut since Oct 2015.
Markets for You
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