Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 Nov 2019
Markets for You
Global Indices
Global Indices 19-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,373 1,370 3 0.24
Nasdaq 8,571 8,550 21 0.24
FTSE 7,324 7,308 16 0.22
Nikkei 23,293 23,417 -124 -0.53
Hang Seng 27,094 26,681 413 1.55
Indian Indices 19-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,470 40,284 186 0.46
Nifty 50 11,940 11,885 56 0.47
Nifty 100 12,055 12,011 44 0.36
Nifty 500 9,702 9,669 34 0.35
Nifty Bank 31,236 30,992 244 0.79
S&P BSE Power 1,933 1,916 18 0.92
S&P BSE Small Cap
13,405 13,363 42 0.31
S&P BSE HC 13,207 13,160 47 0.36
Date P/E Div. Yield P/E Div. Yield
19-Nov 28.13 1.15 27.31 1.25
Month Ago 27.51 1.17 26.94 1.28
Year Ago 23.55 1.22 25.88 1.23
Nifty 50 Top 3 Gainers
Company 19-Nov Prev_Day
% Change
#
Bharti Infratel 251 227 10.47
Bharti Airtel 439 409 7.37
RIL 1510 1459 3.46
Nifty 50 Top 3 Losers Domestic News
Company 19-Nov Prev_Day
% Change
#
Zee Ente. 286 294 -2.82
Yes Bank 64 66 -2.58
M&M 561 574 -2.27
Advance Decline Ratio
BSE NSE
Advances 1149 855
Declines 1399 987
Unchanged 184 116
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 81292
MF Flows** 54403
*19
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.
20 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
-529
3.15%
(Jul-19)
• Indian equity markets gained with support from the telecom and energy
sectors. The telecom sector increased as two of the leading telcos announced
increase in tariffs from Dec 2019, which soothed investor nerves worried over
the earnings of these companies.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.46% and 0.47%
to close at 40,469.70 and 11,940.10, respectively. S&P BSE MidCap lost 0.05%
and S&P BSE SmallCap gained 0.31%.
• The overall market breadth on BSE was weak with 1,149 scrips advancing and
1,399 scrips declining. A total of 184 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 8.52%,
followed by S&P BSE Energy, up 2.38%, and S&P BSE Power, up 0.92%. S&P BSE
Metal was the major loser, down 0.94%, followed by S&P BSE Auto, down
0.74%, and S&P BSE FMCG, down 0.58%.
• Among the 31-stock sensitive Sensex pack, Bharti Airtel was the major gainer,
up 7.36%, followed by Reliance Industries and Axis Bank that grew 3.52% and
3.43%, respectively. Yes Bank was the major loser, down 2.66%, followed by
Mahindra & Mahindra and Tata Steel, down 2.19% and 2.02%, respectively.
• The government has strongly stated that it does not plan to revise its fiscal
deficit target of 3.3% of gross domestic product (GDP) for the current financial
year despite the slowdown in economic activities.
• According to a study by a domestic credit rating agency, the pace of
employment growth in India slowed in the last two years with job creation
growing 3.9% in 2017-18 and 2.8% in 2018-19. Based on a set of 1,938
companies spread across sectors, the study said the value of sales in FY19 was
Rs. 69 lakh crore thus covering the entire corporate sector.
• The government has been urged by the Reserve Bank of India employees
unions to increase the insurance cover on bank deposits from the present Rs. 1
lakh to Rs. 10 lakh. This comes in the wake of the crisis at a cooperative bank.
Deposit insurance cover was last revised in May 1993. The finance minister has
said the government would bring in a legislation during the ongoing Winter
session of the Parliament to increase the deposit insurance cover from Rs. 1
lakh. However, she did not elaborate on the hike.
• Media reports showed India may stay a ban on onion exports until Feb 2019
because domestic prices have increased after the harvest of summer-sown
crops. The summer crop was expected to augment supplies but was delayed
and damaged by untimely rains. The ban on overseas sales by India, which is
the world's biggest exporter of the crop, will keep prices at an elevated level in
Asia and require importers in Nepal, Bangladesh and Sri Lanka to find other
sources to fulfil their demand.
• Bharti Airtel Ltd and Vodafone Idea Ltd plan to raise tariffs from Dec 2019 to
ensure the viability of their operations as increasing competition eats into their
profits.
• Tata Steel Ltd. plans to cut around 3,000 jobs across its European operations
to cut costs. About two-thirds of the estimated reduction in staff would be
office-based, or white-collar, positions, media reports quoted the company.
• World's largest oil company Aramco hasn’t yet made up its mind to
participate in disinvestment of Indian fuel refiner and retailer Bharat
Petroleum Corporation Ltd (BPCL). The government plans to sell its entire
53.29% stake to a strategic investor.
• Asian equity markets were mixed as no clear direction emanated from U.S.-
China trade negotiations. Investor sentiment was supported by news that the
U.S. administration has issued a new 90-day extension to allow U.S. companies
to continue doing business with a Chinese telecom giant. Today (as of Nov 20),
Asian markets opened lower as the U.S. President threatened to raise tariffs on
Chinese goods if the two countries do not strike a deal. Both Nikkei and Hang
Seng were trading down 0.77% and 0.94%, respectively (as at 8.a.m. IST).
• European markets ended lower amid uncertainty and pessimism over the
outcome of trade talks between the U.S. and China. Reports had shown earlier
that there is pessimism among Chinese officials on the prospects of striking a
trade deal with the U.S.
• U.S. markets were mixed after a couple of major retailers’ same store sales
missed expectations. Sentiment on the trade front was foggy as no clear
direction emanated from U.S.-China trade negotiations.
Markets for You
FII Derivative Trade Statistics
19-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 1966.13 2265.06 17811.82
Index Options 151563.79 151150.34 54062.54
Stock Futures 10253.84 10377.43 92174.67
Stock Options 4481.22 4530.64 5339.34
Total 168264.98 168323.47 169388.37
19-Nov Prev_Day
Change
Put Call Ratio (OI) 1.46 1.32 0.14
Put Call Ratio(Vol) 0.93 0.95 -0.02
19-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 5.07% 5.06% 5.10% 6.39%
T-Repo 4.95% 4.99% 4.90% 6.34%
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% 5.03% 5.05% 6.66%
364 Day T-Bill 5.15% 5.21% 5.25% 7.26%
10 Year Gilt 6.48% 6.57% 6.52% 7.79%
G-Sec Vol. (Rs.Cr) 45044 17969 24960 21390
FBIL MIBOR* 5.25% 5.25% 5.25% 6.50%
3 Month CP Rate 5.50% 5.55% 5.80% 8.00%
5 Year Corp Bond 7.51% 7.47% 7.55% 8.60%
1 Month CD Rate 5.10% 5.10% 4.94% 6.79%
3 Month CD Rate 5.16% 5.29% 5.67% 7.42%
1 Year CD Rate 5.82% 5.77% 5.86% 8.17%
Currency 19-Nov Prev_Day
Change
USD/INR 71.81 71.71 0.10
GBP/INR 93.09 92.70 0.39
EURO/INR 79.56 79.32 0.25
JPY/INR 0.66 0.66 0.00
Commodity 19-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
54.88 56.62 53.70 57.11
Brent Crude($/bl) 62.99 62.28 60.50 63.28
Gold( $/oz) 1472 1457 1490 1224
Gold(Rs./10 gm) 38069 37993 38241 30918
Source: Thomson Reuters Eikon *As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 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 11,969.15, a premium of 29.05 points above
the spot closing of 11,940.10. The turnover on NSE’s Futures and Options
segment rose to Rs. 9,85,924.89 crore on November 19, 2019, compared with
Rs. 7,53,248.66 crore on November 18, 2019.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close of
0.88.
• The Nifty Put-Call ratio stood at 1.46 compared with the previous session’s
close of 1.32.
• Open interest on Nifty Futures stood at 16.78 million, compared with the
previous session’s close of 16.51 million.
• Bond yields fell as concerns over fiscal slippage eased to some extent. Fall in
global crude oil prices and expectations of a sixth consecutive rate cut by the
Monetary Policy Committee in Dec 2019 added to the gains.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) closed steady at
6.48% after trading in a range of 6.47% to 6.49%.
• Yield on the old 10-year benchmark paper (7.26% GS 2029) decreased 2 bps to
close at 6.63% compared with the previous close of 6.65% after trading in a
range of 6.62% to 6.65%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,667 crore (gross) on Nov 19, 2019 compared with
borrowings of Rs. 4,527 crore (gross) on Nov 18, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 12,853 crore on
Nov 18, 2019.
• Banks borrowed Rs. 3,850 crore under the central bank’s Marginal Standing
Facility on Nov 18, 2019 compared with borrowings of Rs. 3,575 crore on Nov
15, 2019.
• The rupee rose against the greenback following gains in the domestic equity
market. Selling of the greenback by foreign banks added to the gains. The
rupee rose 0.19% to close at Rs. 71.71 per dollar compared with the previous
close of Rs. 71.84.
• Euro was almost steady against the greenback as hopes for a preliminary
trade deal between U.S. and China came down significantly. Euro was trading at
$1.1078, up 0.07% compared with the previous close of $1.1070.
• Gold prices rose as concerns on the ongoing impeachment inquiry against the
U.S. President overshadowed hopes for a U.S.-China trade deal.
• Brent crude prices fell as hopes of a trade deal between U.S. and China came
down significantly which hit the demand outlook of the commodity.
• A Commerce Department report showed housing starts in U.S. in Oct 2019
surged up 3.8% to an annual rate of 1.314 million after plunging 7.9% to 1.266
million in Sep 2019.
• Data from Eurostat showed euro zone's construction output rose for the first
time in three months. Construction output grew 0.7% in Sep 2019, reversing a
0.8% fall in Aug 2019.
• Bank of Japan Governor said the central bank still has room to lower interest
rates further. However, there were limits to how long rates could go down, he
said at the parliament.
• Gross domestic product in the Organization for Economic Co-operation and
Development (OECD) area grew 0.3% from the second quarter, when the
economy expanded 0.4%, provisional data from the Paris-based Organization
for Economic Co-operation and Development showed.
Markets for You
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