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22 Nov 2019
Markets for You
Global Indices
Global Indices 21-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,363 1,368 -5 -0.37
Nasdaq 8,506 8,527 -21 -0.24
FTSE 7,239 7,262 -24 -0.33
Nikkei 23,039 23,149 -110 -0.48
Hang Seng 26,467 26,890 -423 -1.57
Indian Indices 21-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,575 40,652 -76 -0.19
Nifty 50 11,968 11,999 -31 -0.26
Nifty 100 12,083 12,116 -34 -0.28
Nifty 500 9,712 9,745 -33 -0.33
Nifty Bank 31,350 31,354 -4 -0.01
S&P BSE Power 1,913 1,928 -15 -0.76
S&P BSE Small Cap
13,357 13,414 -57 -0.43
S&P BSE HC 13,421 13,472 -51 -0.38
Date P/E Div. Yield P/E Div. Yield
21-Nov 28.30 1.14 27.89 1.25
Month Ago 27.51 1.17 26.94 1.28
Year Ago 22.96 1.23 25.55 1.25
Nifty 50 Top 3 Gainers
Company 21-Nov Prev_Day
% Change
#
Zee Ente. 345 307 12.43
Eicher Motors 21955 21490 2.16
Adani Ports & SEZ 372 367 1.47
Nifty 50 Top 3 Losers Domestic News
Company 21-Nov Prev_Day
% Change
#
BPCL 514 545 -5.60
Tata Steel 385 399 -3.41
Coal India 197 203 -3.18
Advance Decline Ratio
BSE NSE
Advances 1096 730
Declines 1464 1099
Unchanged 201 133
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 81093
MF Flows** 54403
*21
st
Nov 2019; **05
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.
22 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
428
3.15%
(Jul-19)
• Indian equity markets ended lower as investors resorted to profit booking
and global cues remained weak. The U.S.’ support to pro-democracy activists in
Hong Kong has stoked fears about the possibility of "phase one" trade deal
between U.S. and China. Also, growth forecast for the second quarter are
coming in subdued, keeping investors on their toes as they await the GDP
numbers for the quarter due to be released on Nov 29, 2019.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.19% and 0.26% to
close at 40,575.17 and 11,968.40 respectively. S&P BSE MidCap and S&P BSE
SmallCap lost 0.73% and 0.43% respectively.
• The overall market breadth on BSE was weak with 1,096 scrips advancing and
1,464 scrips declining. A total of 201 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up 0.45%
followed by S&P BSE Capital Goods, up 0.28% and S&P BSE Finance, up 0.18%.
S&P BSE Metal was the major loser, down 2.23% followed by S&P BSE Oil &
Gas, down 2.14% and S&P BSE Telecom, down 2.08%.
• A finance ministry statement showed state-owned banks have disbursed
around Rs 2.52 trillion worth loans in Oct 2019 through loan melas, camps and
other outreach initiatives. This comes after an announcement by the finance
minister in Sep 2019 that banks would conduct such customer outreach
initiatives as the government looks for various ways to boost liquidity and
investment, while facing the worst slowdown in more than half a decade, in
real terms.
• Union minister said the decision to dilute equity stake in state-run companies
is aimed at making them more accountable to the people of the country and
more professional. The government has decided to sell its entire stake in three
enterprises and bring down stake below 51% in select public sector
enterprises.
• External affairs minister said India is trying to convince the U.S. that tapping
into the Indian talent is in mutual benefit. He said though issuing visas is the
sovereign prerogative of other states, there are very important economic and
business and social interests. The minister said the government is constantly in
touch with the American system, government, members of the Congress to
convince them that tapping into the Indian talent pool is for our mutual
benefit.
• According to media reports, more than 200 economists and academicians
have asked the government to release data of all surveys and reports, including
results of the Consumer Expenditure Survey 2017-18, completed by the
National Sample Survey Office (NSSO). According to media reports, the 2017-
18 Consumer Expenditure Survey shows a sharp decline in average
consumption and the survey results are not being released because they
support other evidence that the economy is experiencing a downturn.
• Asian equity markets fell on concerns that a phase one trade deal between
the U.S. and China may not see light of day in 2019. The U.S. Senate passing a
legislation supporting protesters in Hong Kong, which is a warning to China
about human rights, has made the situation even more precarious. Today (as of
Nov 22), Asian markets opened steady after consecutive sessions of declines.
Both Nikkei and Hang Seng were trading up 0.73% and 0.52%, respectively (as
at 8.a.m. IST).
• European markets ended lower as U.S.-China relations looked strained over
U.S. passing a legislation in favour of Hong Kong protestors. This could mean
that the two nations may not sign a “phase one” trade deal before 2020.
• U.S. markets fell on trade worries as a partial deal with China looked difficult
to fructify in 2019.
Markets for You
FII Derivative Trade Statistics
21-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 2400.34 3218.66 18516.56
Index Options 249700.45 249560.09 58821.67
Stock Futures 14272.60 14315.36 93870.14
Stock Options 6572.78 6651.98 5725.43
Total 272946.17 273746.09 176933.80
21-Nov Prev_Day
Change
Put Call Ratio (OI) 1.37 1.58 -0.21
Put Call Ratio(Vol) 0.99 1.03 -0.04
21-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 5.05% 5.07% 5.10% 6.43%
T-Repo 5.02% 4.92% 4.90% 6.46%
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% 5.05% 5.05% 6.77%
364 Day T-Bill 5.15% 5.14% 5.25% 7.26%
10 Year Gilt 6.51% 6.52% 6.52% 7.79%
G-Sec Vol. (Rs.Cr) 53427 32609 24960 29111
FBIL MIBOR* 5.25% 5.25% 5.25% 6.50%
3 Month CP Rate 5.45% 5.50% 5.80% 8.00%
5 Year Corp Bond 7.50% 7.47% 7.56% 8.56%
1 Month CD Rate 5.15% 5.05% 4.94% 6.89%
3 Month CD Rate 5.14% 5.32% 5.67% 7.45%
1 Year CD Rate 5.81% 5.74% 5.86% 8.17%
Currency 21-Nov Prev_Day
Change
USD/INR 71.80 71.68 0.12
GBP/INR 92.81 92.53 0.29
EURO/INR 79.52 79.36 0.15
JPY/INR 0.66 0.66 0.00
Commodity 21-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
58.31 56.52 53.23 54.38
Brent Crude($/bl) 66.23 62.60 59.79 60.79
Gold( $/oz) 1464 1471 1484 1226
Gold(Rs./10 gm) 38096 38217 38241 30862
Source: Thomson Reuters Eikon *As on previous trading day
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
22 November 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Nov 2019 Futures stood at 11,974.55, a premium of 6.15 points above
the spot closing of 11,968.40. The turnover on NSE’s Futures and Options
segment rose to Rs. 23,61,815.34 crore on November 21, 2019, compared with
Rs. 12,82,511.64 crore on November 20, 2019.
• The Put-Call ratio stood at 0.8 compared with the previous session’s close of
0.95.
• The Nifty Put-Call ratio stood at 1.37 compared with the previous session’s
close of 1.58.
• Open interest on Nifty Futures stood at 16.16 million, compared with the
previous session’s close of 16.26 million.
• Bond yields rose as market participants resorted to profit booking. Concerns
over a fiscal slippage and expectations of additional borrowing dampened
market sentiments.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) increased 5 bps
to close at 6.51% compared with the previous close of 6.46% after trading in a
range of 6.45% to 6.51%.
• Yield on the old 10-year benchmark paper (7.26% GS 2029) increased 5 bps to
close at 6.66% compared with the previous close of 6.61% after trading in a
range of 6.59% to 6.66%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,667 crore (gross) on Nov 21, 2019 compared with
borrowings of Rs. 4,068 crore (gross) on Nov 20, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 19,174 crore on
Nov 20, 2019.
• The rupee fell initially against the greenback due to rising tensions between
the U.S. and China over Hong Kong. However, the trend reversed following
selling of the greenback by exporters. The rupee rose 0.07% to close at Rs.
71.76 per dollar compared with the previous close of Rs. 71.81.
• Euro inched down against the greenback as the investor risk sentiment
dampened amid reports that a trade deal between U.S. and China is unlikely
this year. Political tensions between the two countries also contributed to the
downside. Euro was trading at $1.1061, down 0.10% compared with the
previous close of $1.1072.
• Gold prices dipped amid renewed optimism over positive breakthrough of the
U.S.- China trade deal. According to media reports, China has invited U.S. trade
negotiators for a new round of talks.
• Brent Crude prices extended the rally amid speculations that OPEC’s may
extend its existing production cuts till June.
• The Organisation for Economic Co-operation and Development (OECD) said
the global economy is set to expand at the slowest pace in 2019 since the
financial crisis. World GDP growth is forecast to be 2.9% in 2019, its lowest
annual rate since the financial crisis, and remain at 2.9% to 3.0% in 2020 and
2021.
• A Labor Department report showed first-time claims for U.S. unemployment
benefits came in unchanged in the week ended Nov 16, 2019 at 227,000,
unchanged from the previous week's level.
Markets for You
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