Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
26 Nov 2019
Markets for You
Global Indices
Global Indices 25-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,380 1,364 15 1.13
Nasdaq 8,632 8,520 113 1.32
FTSE 7,396 7,327 69 0.95
Nikkei 23,293 23,113 180 0.78
Hang Seng 26,993 26,595 398 1.50
Indian Indices 25-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,889 40,359 530 1.31
Nifty 50 12,074 11,914 159 1.34
Nifty 100 12,193 12,031 161 1.34
Nifty 500 9,802 9,679 123 1.27
Nifty Bank 31,556 31,112 444 1.43
S&P BSE Power 1,936 1,927 9 0.44
S&P BSE Small Cap 13,462 13,354 108 0.81
S&P BSE HC 13,591 13,400 190 1.42
Date P/E Div. Yield P/E Div. Yield
25-Nov 28.68 1.13 28.14 1.24
Month Ago 26.76 1.18 26.70 1.29
Year Ago 22.85 1.24 25.43 1.26
Nifty 50 Top 3 Gainers
Company 25-Nov Prev_Day
% Change
#
Bharti Infratel 250 232 7.82
Bharti Airtel 451 421 7.31
Tata Steel 420 400 4.88
Nifty 50 Top 3 Losers Domestic News
Company 25-Nov Prev_Day
% Change
#
Zee Ente. 344 358 -3.99
ONGC 131 134 -2.17
Yes Bank 64 65 -1.62
Advance Decline Ratio
BSE NSE
Advances 1400 1105
Declines 1093 768
Unchanged 214 123
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 86706
MF Flows** 54032
*25
th
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.
26 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
607
3.15%
(Jul-19)
• Indian equity markets gained handsomely as sentiment was buoyed by
media reports showing China and the U.S. are 'very close' to signing a phase
one trade deal.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.31% and
1.34% to close at 40,889.23 and 12,073.75 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 1.17% and 0.81% respectively.
• The overall market breadth on BSE was strong with 1,400 scrips advancing
and 1,093 scrips declining. A total of 214 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Telecom was the
major gainer, up 6.78%, followed by S&P BSE Metal and S&P BSE Realty, up
3.34% and 2.04%, respectively. S&P BSE Basic Materials and S&P BSE Auto
gained 2.02% and 1.85% respectively.
• A major global bank has said India's economic growth is expected to slow
further in the second half of 2019, Singapore’s DBS Bank said on Monday.
The bank said real GDP could be 4.3% in the third quarter. Weakness in the
consumption sector could be extended into the quarter along with tepid
private sector activity. New project announcements remain at a multi-year
low, while production was depressed by weak consumer durables, non-
durables, intermediate and capital goods, the bank said.
• The finance minister introduced the Taxation Laws (Amendment) Bill, 2019,
in the Lok Sabha, media reports showed. This will replace the Taxation Laws
(Amendment) Ordinance, 2019, promulgated on Sep 20, 2019, to cut the
base corporate tax rate to 22% from 30%.
• The government could amend rules to completely remove the provision
under which citizens can receive duty-free ‘gifts and samples’ valued at
under Rs. 5,000 from overseas. This comes after rampant misuse by
Chinese ecommerce vendors was unearthed, media reports showed. The
Central Board of Indirect Taxes and Customs is considering a limit on the
number of gifts an individual can receive but has decided against it given
the complexity in its implementation.
• A National Statistical Office survey showed nearly 4.4% of rural households
and 23.4% urban households had a computer while 14.9% of rural
households and 42% of urban households had internet facility. In rural
areas, among persons of 5 years and above, 9.9% were able to operate a
computer, 13% were able to use internet and 10.8% used internet during
the last 30 days before the survey period. In urban areas, among those who
were 5 years and above, 32.4% were able to operate a computer, 37.1%
were able to use internet and 33.8% used internet during the last 30 days.
• Asian equity markets gained on positive U.S.-China trade developments. The
U.S. President said a trade deal with China is "potentially very close" and the
Chinese President said they want to work towards a phase one trade deal
with the U.S. Meanwhile, pro-democracy camp in Hong Kong clinched a
landslide victory in the district council election. Today (as of Nov 26), Asian
markets opened higher on overnight gains at the Wall Street. Both Nikkei
and Hang Seng were trading up 0.60% and 0.03%, respectively (as at 8.a.m.
IST).
• European markets gained as U.S. and China seemed to get closer to signing
a phase one trade deal. U.S. National Security Advisor said a “phase one”
deal with China could be achieved by the end of 2019. At the same time,
however, he said Washington will not overlook Hong Kong protests.
• U.S. markets gained on trade optimism as U.S. and China looked close to
signing a phase one trade deal. China’s state newspaper said both sides are
getting “close” to reaching a deal. And U.S. national security advisor had said
over the weekend that a phase one trade deal with China could come
through before the end of the year.
Markets for You
FII Derivative Trade Statistics 25-Nov
(Rs Cr) Buy Sell Open Int.
Index Futures 2397.49 3230.02 17773.24
Index Options 144795.23 144116.43 56598.65
Stock Futures 14321.80 14363.77 94701.24
Stock Options 6717.93 6709.09 5115.30
Total 168232.45 168419.31 174188.43
25-Nov Prev_Day Change
Put Call Ratio (OI) 1.71 1.31 0.41
Put Call Ratio(Vol) 1.00 0.93 0.06
25-Nov Wk. Ago Mth. Ago Year Ago
Call Rate 5.04% 5.06% 5.10% 6.48%
T-Repo 5.00% 4.93% 4.89% 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 4.97% 5.00% 5.00% 6.68%
364 Day T-Bill 5.12% 5.15% 5.26% 7.20%
10 Year Gilt 6.47% 6.48% 6.50% 7.71%
G-Sec Vol. (Rs.Cr) 30325 46688 20088 47027
FBIL MIBOR* 5.25% 5.25% 5.25% 6.60%
3 Month CP Rate 5.45% 5.50% 5.65% 8.00%
5 Year Corp Bond 7.44% 7.47% 7.56% 8.51%
1 Month CD Rate 5.17% 5.06% 4.88% 6.85%
3 Month CD Rate 5.17% 5.04% 5.42% 7.31%
1 Year CD Rate 5.94% 5.82% 5.87% 8.12%
Currency 25-Nov Prev_Day Change
USD/INR 71.65 71.85 -0.20
GBP/INR 92.06 92.83 -0.77
EURO/INR 79.00 79.52 -0.52
JPY/INR 0.66 0.66 0.00
Commodity 25-Nov Wk Ago Mth. Ago Year Ago
NYMEX Crude($/b
l
57.74 56.77 56.49 54.38
Brent Crude($/bl) 66.26 63.66 62.90 56.83
Gold( $/oz) 1455 1471 1504 1222
Gold(Rs./10 gm) 37862 37931 38630 30834
Source: Thomson Reuters Eikon *As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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
26 November 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Nov 2019 Futures stood at 12,096.30, a premium of 22.55 points
above the spot closing of 12,073.75. The turnover on NSE’s Futures and
Options segment rose to Rs. 10,97,583.56 crore on November 25, 2019,
compared with Rs. 7,66,847.28 crore on November 22, 2019.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.94.
• The Nifty Put-Call ratio stood at 1.71 compared with the previous session’s
close of 1.31.
• Open interest on Nifty Futures stood at 16.02 million, compared with the
previous session’s close of 15.15 million.
• Bond yields eased as market participants resorted to short covering. In
addition, hopes of policy rate cut in the upcoming Monetary Policy meeting
also added to the gains.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) decreased 3
bps to close at 6.47% compared with the previous close of 6.50% after
trading in a range of 6.46% to 6.50%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,967 crore (gross) on Nov 25, 2019 compared
with borrowings of Rs. 3,667 crore (gross) on Nov 22, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood at
Rs. 36,609 crore on Nov 22, 2019.
• Banks borrowed Rs. 3,231 crore under the central bank’s Marginal Standing
Facility on Nov 22, 2019 compared with borrowings of Rs. 3,500 crore on
Nov 21, 2019.
• The Indian rupee fell against the U.S. dollar due to greenback purchase by
state run banks.
• The euro pared its losses against the greenback and was almost steady
against the greenback as the investor risk sentiment improved amid reports
that U.S. and China are very close to a "phase one" trade deal. The euro
closed at 1.1013, down 0.08% compared with previous close of 1.1022.
• Gold prices fell on hopes that a resolution to the protracted U.S.-China trade
conflict will soon be reached.
• Brent crude prices rose amid media reports that U.S. and China could soon
sign an interim trade deal to end their trade war.
• Final data from the Cabinet Office showed Japan's leading index which
measures the future economic activity, came in at 91.9 in September, same
as in Aug 2019.
• Data from ifo institute showed German business confidence rose to 95.0 in
Nov from 94.7 in Oct 2019. The reading was in line with expectations.
• Distributive Trades survey from the Confederation of British Industry
showed U.K. retailers expect sales volume to grow in Dec 2019. The retail
sales balance rose to -3% in Nov 2019.
• The International Monetary Fund downgraded its growth projection for
Japan and urged the government to take fiscal policy that supports near-
term growth and stimulate price momentum. According to the concluding
statement of the 2019 Article IV mission to Japan, the country's economy is
set to expand 0.8% 2019, which was slower than the previous forecast of
0.9%.
Markets for You
