Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 Nov 2019
Markets for You
Global Indices
Global Indices 22-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,364 1,363 2 0.11
Nasdaq 8,520 8,506 14 0.16
FTSE 7,327 7,239 88 1.22
Nikkei 23,113 23,039 74 0.32
Hang Seng 26,595 26,467 128 0.48
Indian Indices 22-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,359 40,575 -216 -0.53
Nifty 50 11,914 11,968 -54 -0.45
Nifty 100 12,031 12,083 -52 -0.43
Nifty 500 9,679 9,712 -33 -0.34
Nifty Bank 31,112 31,350 -238 -0.76
S&P BSE Power 1,927 1,913 14 0.72
S&P BSE Small Cap 13,354 13,357 -3 -0.03
S&P BSE HC 13,400 13,421 -21 -0.15
Date P/E Div. Yield P/E Div. Yield
22-Nov 28.14 1.15 27.77 1.25
Month Ago 27.09 1.18 26.71 1.29
Year Ago 22.85 1.24 25.43 1.26
Nifty 50 Top 3 Gainers
Company 22-Nov Prev_Day
% Change
#
Tata Steel 400 385 3.87
Zee Ente. 358 345 3.75
Eicher Motors 22753 21955 3.64
Nifty 50 Top 3 Losers Domestic News
Company 22-Nov Prev_Day
% Change
#
Bharti Infratel 232 242 -4.09
Infosys 693 713 -2.81
TCS 2072 2118 -2.19
Advance Decline Ratio
BSE NSE
Advances 1222 846
Declines 1343 961
Unchanged 186 143
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 86099
MF Flows** 54032
*22
nd
Nov 2019; **21
st
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.
25 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
-420
5006
3.15%
(Jul-19)
• Indian equity markets ended lower as investor mood has turned cautious
ahead of the release of second quarter GDP data, due to be released on Nov
29, 2019. Growth forecast for the second quarter have shown a subdued
trend so far. The Organisation for Economic Co-operation and Development
has also cut India's economic growth forecast for 2019 to 5.8%.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.53% and 0.45%
to close at 40,359.41 and 11,914.40 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.14% and 0.03% respectively.
• The overall market breadth on BSE was weak with 1,222 scrips advancing
and 1,343 scrips declining. A total of 186 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 2.08%
followed by S&P BSE Power, up 0.72% and S&P BSE Utilities, up 0.67%. S&P
BSE IT was the major loser, down 2.21% followed by S&P BSE Teck, down
2.02% and S&P BSE Telecom, down 1.63%.
• The Securities and Exchange Board of India (SEBI) could hire an agency to
process and maintain records of investor complaints received by the
regulator, media reports showed. The mandate for the agency would be to
receive grievances from investors through physical or electronic mode and
categorise them. Also, the agency will be responsible for tracking
complaints' status online and conduct follow-ups, besides preparing action
taken reports and updating the status of grievances on SEBI's online
platform for complaints, SCORES.
• According to media reports, spices exports have been badly hit by the
discontinuance of incentives under the Merchandise Exports from India
Scheme (MEIS) from Aug 2019. Exports fell an estimated 30-35% in the past
three months and there are fears that the situation will worsen if the
incentives are not restored.
• The government is awaiting the labour ministry’s decision on modifying
consumer price indices before linking Mahatma Gandhi National Rural
Employment Guarantee Act wages to inflation, according to media reports.
Every year in Apr, new wage rates under the scheme are announced.
• Three Indian cities have been named in a list of 113 cities across the world in
terms of inclusive prosperity. Bengaluru, Delhi and Mumbai appeared in the
lower half of the index, with Bengaluru ranking 83rd, while Delhi and
Mumbai stood at 101st and 107th positions, respectively. the index
measures not only the quantity of economic growth but also its distribution
across their population.
• Bharti Airtel and Vodafone Idea have filed a petition with the Supreme
Court to review its Oct 24, 2019, judgement. Under that judgement, the
apex court had ordered telecom companies to pay more than Rs 92,000
crore to the department of telecommunications (DoT) in penalties in a 14-
year-long case.
• Media reports showed Mahindra Susten has got binding offers from CLP
India and the Piramal Group for its 160 megawatts (MW) solar assets.
Mahindra Susten is the renewable business arm of the Mahindra group.
• Asian equity markets were mixed after the Organization for Economic Co-
operation and Development (OECD) cut its global economy growth outlook.
OECD said the world was headed for its weakest economic growth since the
2007-2008 financial crisis. On the trade front, China said both sides are in
touch with each other, which eased concerns. Today (as of Nov 25), Asian
markets opened on a higher note. Investors remained focused on Hong
Kong’s district council elections amid civil unrest in the city. Both Nikkei and
Hang Seng were trading up 0.92% and 1.07%, respectively (as at 8.a.m. IST).
• European markets gained as China said both sides are in touch with each
other, which eased concerns. Also, a media report said China's chief trade
negotiator has invited his American counterparts to Beijing for a new round
of face-to-face talks.
• U.S. markets were up a tad as trade concerns eased after both the sides
gave encouraging statements. China said they have a positive attitude
towards trade talks and the U.S. President said they were very close to
signing a deal.
Markets for You
FII Derivative Trade Statistics 22-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 3042.35 3204.57 18558.27
Index Options 354733.41 353375.05 52572.20
Stock Futures 12768.54 13973.40 94492.95
Stock Options 5732.04 5733.25 5558.27
Total 376276.34 376286.27 171181.69
22-Nov Prev_Day
Change
Put Call Ratio (OI) 1.31 1.37 -0.07
Put Call Ratio(Vol) 0.93 0.99 -0.06
22-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 5.04% 5.09% 5.10% 6.48%
T-Repo 5.04% 4.92% 4.96% 6.48%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.01% 5.04% 5.06% 6.68%
364 Day T-Bill 5.14% 5.20% 5.28% 7.20%
10 Year Gilt 6.50% 6.52% 6.54% 7.71%
G-Sec Vol. (Rs.Cr) 34718 35660 16045 47027
FBIL MIBOR 5.25% 5.25% 5.25% 6.60%
3 Month CP Rate 5.45% 5.50% 5.80% 8.00%
5 Year Corp Bond 7.51% 7.50% 7.53% 8.51%
1 Month CD Rate 5.16% 5.03% 4.94% 6.85%
3 Month CD Rate 5.23% 5.15% 5.67% 7.31%
1 Year CD Rate 5.81% 5.92% 5.86% 8.12%
Currency 22-Nov Prev_Day
Change
USD/INR 71.85 71.80 0.05
GBP/INR 92.83 92.81 0.02
EURO/INR 79.52 79.52 0.01
JPY/INR 0.66 0.66 0.00
Commodity 22-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
57.63 57.49 54.16 54.38
Brent Crude($/bl) 66.07 63.46 61.34 60.25
Gold( $/oz) 1462 1467 1488 1227
Gold(Rs./10 gm) 38157 38096 38173 30834
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 November 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third party
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
Life Asset Management Company Limited (RNLAM) (formerly Reliance Capital Asset Management Limited) has not independently verified the accuracy or authenticity of such information or data, or for that matter
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.
Some of the statements & assertions contained in these materials may reflect RNLAM’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the
Investment Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of
such data or information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to
the extent possible. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data
arising out of their own investigations. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision.
None of the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential,
punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.
Readers are requested to click here for ICRON disclaimer - http://www.icraonline.com/legal/standard-disclaimer.html
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
• Nifty Nov 2019 Futures stood at 11,914.50, a premium of 0.10 points above
the spot closing of 11,914.40. The turnover on NSE’s Futures and Options
segment fell to Rs. 7,66,847.28 crore on November 22, 2019, compared with
Rs. 23,61,815.34 crore on November 21, 2019.
• The Put-Call ratio stood at 0.94 compared with the previous session’s close
of 0.8.
• The Nifty Put-Call ratio stood at 1.31 compared with the previous session’s
close of 1.37.
• Open interest on Nifty Futures stood at 15.15 million, compared with the
previous session’s close of 16.16 million.
• Bond yields eased as fiscal worries lessened. In the meanwhile, market
participants remain hopeful of a policy rate cut in the upcoming Monetary
Policy meeting.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) decreased 1 bps
to close at 6.50% compared with the previous close of 6.51%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,667 crore (gross) on Nov 22, 2019 compared with
borrowings of Rs. 3,667 crore (gross) on Nov 21, 2019. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 11,556
crore on Nov 21, 2019.
• Banks borrowed Rs. 3,500 crore under the central bank’s Marginal Standing
Facility on Nov 21, 2019 compared with borrowings of Rs. 4,196 crore on
Nov 20, 2019.
• The Indian rupee gained against the greenback amid dollar sales by foreign
banks. However, uncertainty over U.S.-China trade deal and losses in
domestic equity markets, restricted the gains.
• The euro fell against the greenback on flash reports that U.S. factory and
services activity grew in Nov 2019. The euro closed at 1.1022 compared with
previous close of 1.1057.
• Gold prices fell following preliminary reports showing upbeat composite U.S.
purchasing manager index data in Nov.
• Brent crude prices fell amid concerns over U.S.-China trade talks.
• According to a University of Michigan report, consumer sentiment index for
Nov 2019 was upwardly revised to 96.8 from the preliminary reading of 95.7.
The revised reading is well above the final Oct 2019 reading of 95.5.
• The new ECB President said a review of the European Central Bank's
monetary policy will start soon. Eurozone needs a new European policy mix
that focuses on boosting public investment to create a sustainable future,
she added.
• According to a University of Michigan report, consumer sentiment index for
Nov 2019 was upwardly revised to 96.8 from the preliminary reading of 95.7.
The revised reading is well above the final Oct 2019 reading of 95.5.
• The new ECB President said a review of the European Central Bank's
monetary policy will start soon.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Thank you for
your time.
