26Nov2018
MarketsforYou
GlobalIndices
GlobalIndices 23‐Nov Prev_Day Abs.Change
%Change
#
DowJones 24,286 Closed NA NA
Nasdaq 6,939 Closed NA NA
FTSE 6,953 6,960 ‐7 ‐0.11
Nikkei Closed 21,647 NA NA
HangSeng 25,928 26,019 ‐92 ‐0.35
IndianIndices 22‐Nov Prev_Day Abs.Change
%Change
#
S&PBSESensex 34,981 35,200 ‐219 ‐0.62
Nifty50 10,527 10,600 ‐73 ‐0.69
Nifty100 10,761 10,836 ‐75 ‐0.69
NiftyBank 25,999 26,262 ‐263 ‐1.00
SGXNifty 10,560 10,622 ‐62 ‐0.58
S&PBSEPower 1,913 1,936 ‐23 ‐1.21
S&PBSESmallCap 14,351 14,414 ‐64 ‐0.44
S&PBSEHC 14,303 14,383 ‐80 ‐0.55
Date P/E Div.Yield P/E Div.Yield
22‐Nov 22.85 1.24 25.43 1.26
MonthAgo 21.90 1.31 24.65 1.31
YearAgo 24.82 1.16 26.40 1.08
Nifty50Top3Gainers
Company 22‐Nov Prev_Day
%Change
#
ZeeEnte. 459 439 4. 59
AdaniPorts&SEZ 368 361 1. 91
L&TLtd. 1410 1402 0.57
Nifty50Top3Losers DomesticNews
Company 22‐Nov Prev_Day
%Change
#
M&M 746 769 ‐2.99
IndianOil 138 142 ‐2.37
GrasimIndus 843 864 ‐2.36
AdvanceDeclineRatio
BSE NSE
Advances 1073 695
Declines 1536 1079
Unchanged 149 106
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐41761
MFFlows** 112453
*22
nd
Nov2018;**19
th
Nov2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
3.31%
(Oct‐18)
3.58%
(Oct‐17)
IIP
4.50%
(Sep‐18)
4.10%
(Sep‐17)
GDP
8.20%
(Jun‐18)
5.60%
(Jun‐17)
26November2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
7.00%
(Jun‐18)
7.70%
(Mar‐18)
QuarterAgo
Inflow/Outflow
65
‐4848
4.17%
(Jul‐18)
• Indian equity markets fell on Nov 22, 2018, as concerns over slowing
global growth prevailed. Global cues have been weak as trade tensions
persist. Investors have become pessimistic about the chances of a
resolution to the trade s pat between U .S. and China at the G20 summit
later in the month.
• Key benchmark indices S&P BSE Sensex and Nifty 50 declined 0.62% and
0.69% to close at 34,981.02 and 10,526.75, respectively. S&P BSE Mid‐
Cap and S&P B SE Small Cap declined 0.74% and 0.44%, respectively.
• The overall market breadth on BSE was weak with 1,536 scrips declining
and 1,073 scrips advancing. A total of 149 scrips remained unchanged.
• On the BSE sectoral front, only S&P BSE Capital Goods gained by 0.13%,
rest all declined. S&P BSE Metal was the major loser, down 1.84%,
followed by S&P BSE Telecom and S&P BSE Power, down 1.63% and
1.21%, respectively. S&P BSE Realty and S&P BSE Basic Materials lost
1.2% and 1.19%, respectively.
• According to media reports, the government has raised the outlay for
the first phase of the Faster Adoption and Manufacturing of (Hybrid) and
Electric Vehicles (FAME India) scheme by Rs. 100 crore to Rs. 895 crore.
The objective of the move is to promote mass adoption of electric
vehicles. Industry leaders are of the view that the government needs to
provide its support for electric vehicles which presently at a nascent stage
in the country.
• Capital market regulator Securities and Exchange Board of India notified
new rules for re‐cl assification of a promoter as a public investor.
According to the new rules, an outgoing promoter will have to do with
the special rights as well as control over the affairs of the listed firm.
He/she will also not be allowed to hold more than 10% stake in the
entity. Besides, the promotor will not be allowed to have have any
representation on the board of directors or neither can he act as a key
managerial person in the listed entity.
• The Income Tax department has said that hotels and restaurants that
havecollectedservicechargebutnotpassedontostaffandworkerswill
be liable to income tax in the hands of such entities. The Central Board of
Direct Taxes (CBDT) has asked field offices to examine the books of hotels
and restaurants and see if there is any 'under reporting' or 'non‐
reporting' of service charge. The Ministry of Consumer Affairs had flagged
that some hotels and restaurants are collecting service charge from
customers compulsorily, violating the guidelines issued by the ministry.
• The government has approved a proposal to make jute packaging
mandatory for all food grains. The Cabinet Committee on Economic
Affairs (CCEA) took the decision at a meeting chaired by the Prime
Minister. With this the scope of Jute Packaging Material (JPM) Act, 1987,
has b een extended and the earlier decision that 20% of the sugar shall be
mandatorily packed in diversified jute bags has been retained. Earlier, i t
was compulsory to pack 90% of the food grains and 20% of sugar in jute
bags.
• Asian equity markets were mixed as European markets lost in overnight
trade. U.S. markets were closed for Thanksgiving Holiday. European
markets w ere burdened by persisting worries over U.S.‐China trade
tensions and slowing global economic growth even though there was
news that a draft Brexit deal on future relations has been reached
between the U.K. and the E uropean Union. Today (as of N ov 26), Asian
markets opened on a mixed note following declined in oil prices to their
lowest levels in more than a year last week. Both Nikkei and Hang Sen g
rose 0.64% and 0.65%, respectively (as at 8 a.m. IST).
• As per the last close, European markets closed almost higher following
gains in Europe's banking index driven by support from Italy's notoriously
fragile len ders. However, weak econo mic dat a and falling crude oil prices
restricted the gains. Meanwhile, investors remained cautious ahead of
the Brexit summit on Nov 25, 2018.
• As per the last close, U.S markets fell due to downward momentum
amid lingering concerns about the global economic outlook. Decline in
technology and energy sector added to the losses.
MarketsforYou
FIIDerivativeTradeStatistics 22‐Nov
(RsCr) Buy Sell OpenInt.
IndexFutures 3047.55 3752.67 34619.01
IndexOptions 102138.96 99355.24 77695.90
StockFutures 11746.68 11857.72 83941.41
StockOptions 8761.81 8617.80 10523.78
Total 125695.00 123583.43 206780.10
22‐Nov Prev_Day Change
PutCallRatio(OI) 1.46 1.55 ‐0.09
IndianDebtMarket
PutCallRatio(Vol) 0.91 0.99 ‐0.08
22‐Nov Wk.Ago Mth.Ago YearAgo
CallRate 6.48% 6.34% 6.54% 5.91%
T‐Repo 6.48% 6.27% N.A. N.A.
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayT‐Bill 6. 68% 6.85% 6.93% 6.11%
364DayT‐Bill 7.20% 7.26% 7. 46% 6.27%
10YearGilt 7.71% 7.76% 7.93% 6.96%
G‐SecVol.(Rs.Cr) 47027 29797 19083 49083
CurrencyMarketUpdate
FBILMIBOR 6.60% 6.50% 6.60% 6.04%
3MonthCPRate 8.00% 8.35% 7.90% 6.80%
5YearCorpBond 8.56% 8.54% 8.84% 7.67%
1MonthCDRate 6.85% 6.89% 7.11% 6.06%
3MonthCDRate 7.31% 7.66% 8.23% 6.23%
1YearCDRate 8.12% 8.18% 8.38% 6.61%
CommodityMarketUpdate
Currency 22‐Nov Prev_Day Change
USD/INR 71.18 71.33 ‐0.15
GBP/INR 91.04 91.72 ‐0.68
EURO/INR 81.19 81.69 ‐0.50
InternationalNews
JPY/INR 0.63 0.63 0.00
Commodity 23‐Nov WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) Closed 56.44 66.44 57.86
BrentCrude($/bl) 56.83 64.13 79.56 63.11
Gold($/oz) 1222 1221 1230 1291
Gold(Rs./10gm)* 30834 30906 31607 29429
Source:ThomsonReutersEikon
*Ason22‐Nov‐18
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
26November2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Nov 2018 Futures settled at 10,524.7, a discount of 2.05 points,
below the spot closing of 10,526.75. The turnover on NSE’s Futures and
Options segment increased to Rs. 16,38,347.77 crore on Nov 22
compared with Rs. 9,32,605.13 crore on Nov 21.
•ThePut‐Call ratio stood at 0.86 compared w ith the previous session’s
close of 0.94.
•TheNiftyPut‐Call ratio stood at 1.46 compared with the previous
session’s close of 1.55.
• Open interest on Nifty Futures stood at 25.44 million as against the
previous session’s close at 25.59 million.
• Bond yield fell tracking weakness in crude oil prices amid oversupply
concerns and gain in the domestic currency. This raised hopes that the
central bank may not hike interest rate soon, thereby lifting the overall
bond market sentiment.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) decreased 8
bps to 7.71% compared with the previous close of 7.79% after trading i n
the range of 7.70% to 7.77%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 14,158 crore ( gross) on Nov 22 compared with
a borrowing of Rs. 7,411 crore (gross) on Nov 20. Sale of securities under
the Reserve Bank of India’s (RBI) reverse repo window stood at Rs.
13,621 crore on Nov 20.
• Banks borrowed Rs. 1,060 crore under the central bank’s Marginal
Standing Facility on Nov 20 compared with borrowing of Rs. 26 crore on
Nov 19.
• The Indian rupee rose against the greenback for the seventh
consecutive trading session as crude oil prices continued to tumble amid
oversupply concerns and worries on global slowdown. The rupee rose
1.09% to close at 70.67 a dollar compared with the previous close of
71.45.
• The euro fell against the greenback after preliminary data showed that
Eurozone private sector growth slowed more than expected in Nov 2018.
The euro was last seen trading a t 1.1354 a dollar, down 0.46% compared
with the previous close of 1.1407.
• Gold prices slipped on weak global trend and softening demand from
jewellers in Asian economies.
• Brent crude prices tumbled following oversupply concerns and weak
global cues. Oil prices were last seen trading at $58.51 per barrel,
compared with the previous close of $60.25 per barrel.
• Data from the U.S. Commerce Department showed that durable goods
orders in U .S. fell 4 .4% in Oct 2018 following a revised 0.1% fall in Sep
2018.
• Minutes of the European Central Bank’s (ECB) monetary policy meeting
held on Oct 24 and Oct 25 showed that policymakers had agreed to
affirm the central bank's plan to gradually taper its massive asset
purchase programme, despite the recent weak economic data.
• Data from the Ministry of Internal Affairs and Communications of
JapanshowedthatconsumerpriceinflationinJapangrew1.4%ona
yearly basis in Oct 2018 from 1.2% in Sep 2018.
MarketsforYou
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