GlobalIndices 26Nov Prev_Day Abs.Change
DowJones 24,640 24,286 354 1.46
Nasdaq 7,082 6,939 143 2.06
FTSE 7,036 6,953 83 1.20
Nikkei 21,812 Closed NA NA
HangSeng 26,376 25,928 449 1.73
IndianIndices 26Nov Prev_Day Abs.Change
S&PBSESensex 35,354 34,981 373 1.07
Nifty50 10,629 10,527 102 0.97
Nifty100 10,857 10,761 95 0.89
NiftyBank 26,366 25,999 366 1.41
SGXNifty 10,606 10,560 46 0.44
S&PBSEPower 1 ,916 1,913 4 0.19
S&PBSESmallCap 14,329 14,351 22 0.15
S&PBSEHC 14,178 14,303 124 0.87
Date P/E Div.Yield P/E Div.Yield
26Nov 23.03 1.23 25.71 1.25
MonthAgo 21.32 1.34 24.12 1.34
YearAgo 24.85 1.16 26.59 1.07
Company 26Nov Prev_Day
HeroMoto 3076 2918 5.42
HUL 1744 1675 4.11
Wipro 318 307 3.70
Nifty50Top3Losers DomesticNews
Company 26Nov Prev_Day
YesBank 188 196 3.91
ONGC 147 152 3.71
SunPharma 511 526 2.89
Advances 1045 708
Declines 1546 1086
Unchanged 190 103
Description(Cr) YTD
FIIFlows* 40069
MFFlows** 113491
YoY(%) Current YearAgo
Sensex Nifty
Indian equity markets gained mainly as stocks of consumer companies
found favour from investors. Asian cues were positive and had a bearing
on the domestic market. Also, rupee held steady against the U.S. dollar.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.07% and
0.97% to close at 35,354.08 and 10,628.60, respectively. S&P BSE Mid
Cap gained 0.06%, while S&P BSE Small Cap lost 0.15%.
The overall market breadth on BSE was weak with 1045 scrips
advancing and 1546 scrips declining. A total of 190 scrips remained
On the BSE sectoral front, S&P BSE Fast Moving Consumer Goods was
the major gainer, up 2.2%, followed by S&P BSE Bankex, up 1.27%, and
S&P BSE Auto, up 1.1%. S&P BSE M etal was the major loser, d own 1.33%,
followed by S&P B S E Healthcare and S&P BSE Basic Materials, down
0.87% and 0.61%, respectively.
According to the Organization for Economic Cooperation and
Development (OECD), India’s economy will grow 7.3% in 2019 and 7.4% in
2020 as against 7.5% in 2018. The decline reflects tighter financial
conditions, higher oil prices, adverse terms of trade, lower growth in
partner countries, as well as rising political uncertainties in India and
The finance ministry stated that India and China have amended the
bilateral tax treaty th at will aid in preventing tax evasion by allowing the
exchange of information. The Government of India and the People's
Republic of China have signed a protocol for the amendment of the
Double Taxation Avoidance Agreement (DTAA) which would help in
avoiding double taxation and prevention of fiscal evasion with respect to
taxes on income.
According to the media reports, the government will infuse Rs. 42,000
crore in the stateowned banks by the end of Mar 2019 and the next
tranche would b e released be Dec 2018. The government h ad announced
capital infusion programme worth Rs. 2.11lakh crore in Oct 2017
wherein the public sector banks were to get Rs. 1.35 lakh crore through
recapitalisation bonds, and the balance Rs. 58,000 crore through the
raising of capital from the market.
According to the media reports, corporates, nonbanking finance
companies (NBFCs) and other businesses may soon have to disclose key
information for iss uing commercial papers to mutual funds ( MFs). As p er
the discussions between the Securities and Exchange Board of India (SEBI)
and fund houses, t he proposed move would require CPissuing companies
to spell o ut their ‘assetliability (AL) mismatch that has excavated the
stress in the financial markets.
Asian equity markets were mixed as investors looked forward to the
meeting between U.S. and China at the G20 summit at the end of the
week. The two countries are expected to discuss traderelated issues and
there are conflicting signs of how successful the meeting could be. Also,
the U.S. Federal Reserve (Fed) m eeting’s minutes are due to be released
later in the week, which could provide clues on Fed’s future stance on
rates. Today (as of Nov 27), Asian markets mostly opened on a positive
note following rise on the Wall Street o vernight. While Nikkei rose 0.29%,
Hang Seng was down 0.66% (as at 8 a.m. IST).
As per the last close, European markets rose on easing Italian budget
concerns after media reports showed Italian government is considering a
deficit reduction of up to 2% of gross domestic product from the draft
budget goal of 2.4% of GDP. Moreover, European leaders backed Brexit
withdrawal agreement and political declaration at the Sunday summit,
further boosted investor sentiment.
As per the l ast close, U.S markets went up on bargain buying by m arket
participants after last week’s fall.
FIIDerivativeTradeStatistics 26Nov
(RsCr) Buy Sell OpenInt.
IndexFutures 3526.33 1925.74 32936.57
IndexOptions 127727.92 126123.40 76394.52
StockFutures 8199.27 8487.84 83330.99
StockOptions 7756.18 7846.45 10384.37
Total 147209.70 144383.43 203046.45
26Nov Prev_Day Change
PutCallRatio(OI) 1.64 1.46 0.18
PutCallRatio(Vol) 1.00 0.91 0.10
26Nov Wk.Ago Mth.Ago YearAgo
CallRate 6.44% 6.39% 6.48% 5.91%
TRepo 6.44% 6.34% ‐‐ ‐‐
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayTBill 6. 70% 6. 66% 6.91% 6.12%
364DayTBill 7. 20% 7. 26% 7.41% 6.23%
10YearGilt 7.73% 7.79% 7.88% 7.00%
GSecVol.(Rs.Cr) 38057 21390 26216 57388
FBILMIBOR 6.60% 6.49% 6.55% 5.97%
3MonthCPRate 7.85% 8.35% 8.45% 6.80%
5YearCorpBond 8.56% 8.60% 8.84% 7.71%
1MonthCDRate 6.88% 6.79% 7.19% 6.06%
3MonthCDRate 7.34% 7.42% 7.34% 6.24%
1YearCDRate 8.49% 8.17% 8.34% 6.61%
Currency 26Nov Prev_Day Change
USD/INR 70.71 71.18 0.46
GBP/INR 90.65 91.04 0.39
EURO/INR 80.27 81.19 0.92
JPY/INR 0.62 0.63 0.01
Commodity 26Nov WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 51.36 57.11 67.53 58.88
BrentCrude($/bl) 59.29 63.28 78.29 63.92
Gold($/oz) 1222 1224 1233 1288
Gold(Rs./10gm) 30705 30918 31868 29447
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 v erified the a ccuracy or authenticity of
such information or data, or fo r 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 info rmation 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
Nifty Nov 2018 Futures settled at 10639.2, a p re mium of 10.60 points,
above the spot closing of 10,628.60. The turnover on NSE’s Futures and
Options segment increased to Rs. 7,76,197.08 crore on Nov 26 comp ared
with Rs. 16,38,347.77 crore on Nov 22.
•ThePutCall ratio stood at 0.97 compared with the previous session’s
close of 0.86.
•TheNiftyPutCall ratio stood at 1.64 compared with the previous
session’s close of 1.46.
Open interest on Nifty Futures stood at 26.61 million as against the
previous session’s close at 25.44 million.
Bond yield rose as market participants preferred to book profits from
the recent bond rally. Investors also remained on the sidelines ahead of
the fifth bimonthly monetary policy review due Dec 5, 2018.
•Yieldonthe10year benchmark paper (7.17% GS 2028) increased 2
bps to 7. 73% compared with the previous c lose of 7.71% after trading in
the range of 7.66% to 7.74%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,541 crore (gross) o n Nov 2 6 compared with a
borrowing of Rs. 14,158 crore (gross) on Nov 22. Sale of securities under
the Reserve Bank of India’s (RBI) reverse repo window stood at Rs.
24,159 crore on Nov 22.
Banks did not borrow under the central bank’s Marginal Standing
Facility on Nov 22 compared with borrowing of Rs. 1,060 crore on Nov
The Indian rupee fell against the greenback after gaining for seven
consecutive trading sessions following rise in global crude oil prices and
month end dollar demand from oil importers. However, gains in the
domestic equity market restricted further losses.
The euro rose against the greenback after the European Union and
Britain agreed a Brexit deal. Indications that Italy is willing to reach a
compromise over its 2019 budget plans also strengthened the common
bloc currency.
Gold prices gained ahead of the U.S.China trade meet scheduled later
during the week at the G20 summit.
Brent crude prices moved up on expectations that Organization of the
Petroleum Exporting Countries (OPEC) might introduce new measures
reduce its output in its upcoming meeting.
As per latest figures from the Munichbased institute, Germany's Ifo
business confidence indicator fell more than expected to 102 in Nov
2018 from upwardly revised 102.9 in Oct 2018. The expectations index o f
the survey dropped to 98.7 in Nov from 99.7 in Oct. Also, the current
conditions index fell to 105.4 from 106.1 in Oct.
According to the latest survey by Nikkei, Japan’s preliminary
manufacturing Purchasing Managers Index (PMI) stood at 51.8 in Nov
2018 as against 52.9 in Oct 2018.
Thank you for
your time.