Markets For You of 04 October 2019 – Nippon India Mutual Fun

04Oct2019

MarketsforYou

https://www.reliancemutual.com

GlobalIndices

GlobalIndices 03‐Oct Prev_Day Abs.Change

%Change

Russell3000 1,271 1,257 14 1.08

Nasdaq 7,872 7,785 87 1.12

FTSE 7,078 7,123 ‐45 ‐0.63

Nikkei 21,342 21,779 ‐437 ‐2.01

HangSeng 26,110 26,043 68 0.26

IndianIndices 03‐Oct Prev_Day Abs.Change

%Change

S&PBSESensex 38,107 38,305 ‐199 ‐0.52

Nifty50 11,314 11,360 ‐46 ‐0.40

Nifty100 11,445 11,498 ‐53 ‐0.46

Nifty500 9,198 9,236 ‐38 ‐0.41

NiftyBank 28,414 28,726 ‐311 ‐1.08

S&PBSEPower 1,910 1,911 0 ‐0.02

S&PBSESmallCap 12,910 12,959 ‐49 ‐0.38

S&PBSEHC 12,342 12,357 ‐15 ‐0.13

Date P/E Div.Yield P/E Div.Yield

3‐Oct 26.71 1.21 26.07 1.32

MonthAgo 25.51 1.28 26.54 1.42

YearAgo 23.15 1.25 26.26 1.24

Nifty50Top3Gainers

Company 03‐Oct Prev_Day

%Change

YesBank 43 32 32.81

ZeeEnte. 252 233 7.89

BPCL 532 494 7.63

Nifty50Top3Losers DomesticNews

Company 03‐Oct Prev_Day

%Change

Vedanta 144 151 ‐4.56

CoalIndia 187 194 ‐3.79

Hindalco 183 190 ‐3.77

AdvanceDeclineRatio

BSE NSE

Advances 935 702

Declines 1572 1133

Unchanged 144 118

InstitutionalFlows(Equity)

Description(Cr) YTD

FIIFlows* 54348

MFFlows** 53094

Oct2019;**1

Oct2019

EconomicIndicator

YoY(%) Current YearAgo

CPI

3.21%

(Aug‐19)

3.69%

(Aug‐18)

IIP

4.30%

(Jul‐19)

6.50%

(Jul‐18)

GDP

5.00%

(Jun‐19)

8.00%

(Jun‐18)

04October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

3.20%

(Apr‐19)

5.80%

(Mar‐19)

QuarterAgo

Inflow/Outflow

839

‐1536

3.05%

(May‐19)

• The government has reduced the interest on House Building Advance

from 8.5% to 7.9% for its employees. This will help boost housing

demand. According to the Union Housing and Urban Affairs Ministry, the

new interest rate has come into force from Oct 1, 2019.

• President of World Economic Forum said India now has a significantly

enlarged global profile and the stage is set for the country to realise its

vision of becoming a $5‐trillion economy in the next five years and $10‐

trillion economy in the next decade‐and‐a‐half. He said with the

increasingly strong probability of global growth falling short by at least

one percentage point from projections, the magnitude of the decline is

comparable to the global recession of the early 2000s.

• Media reports showed many financial services companies are under the

scanner as they are suspected to have falsely claimed goods and services

tax (GST) input tax credit. Indirect tax officials suspect that some of these

companies may have claimed input tax credit on expenses incurred

before the switchover to the GST regime in Jul 2017. Some brokerages,

banks, insurance companies and non‐banking financial companies are

under scrutiny.

• The U.S. said that neither Indian nor American government has stated

that there will be a trade agreement in 'five minutes' but it does not see

any structural reason which might stop both the nations to have a trade

agreement "pretty quickly".

•RoadtransportandhighwaysministertoldtheNationalHighways

Authority of India (NHAI) to speed up project implementation and meet

its project construction targets, media reports showed. The minister

asked officials to maintain a ‘positive attitude’.

MarketsforYou

• Indian equity markets fell on weak global cues and cautious trade ahead

of the Reserve Bank of India's monetary policy review, scheduled on Oct

4, 2019. The U.S. extended its trade war to Europe as it proposed to

impose tariffs on $7.5 billion worth of goods from the European Union.

Weak U.S. data added to investor woes.

• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.52% and

0.4% to close at 38,106.87 and 11,314.00, respectively. S&P BSE MidCap

and S&P BSE SmallCap lost 0.3% and 0.38%, respectively.

• The overall market breadth on BSE was weak with 935 scrips advancing

and 1,572 scrips declining. A total of 144 scrips remained unchanged.

• On the BSE sectoral front, S&P BSE Oil & Gas was the major gainer, up

1.85% followed by S&P BSE Realty, up 1.14% and S&P BSE Energy, up

0.87%. S&P BSE Metal was the major loser, down 3% followed by S&P BSE

Basic Materials, down 1.78% and S&P BSE Telecom, down 1.48%.

• Asian equity markets fell after the U.S. deepened trade war concerns by

including Europe in the fold. The U.S. announced imposition of tariffs on

$7.5 billion of goods from the European Union from Oct 18, 2019. Weak

U.S. data also raised investor concern about slowing global growth. Today

(asofOct4),Asianmarketsopenedmutedasinvestorslookforwardto

the release of U.S. payrolls data for Sep 2019 later in the day. Both Nikkei

and Hang Seng were trading up 0.86% and 0.14%, respectively (as at

8.a.m. IST).

• European markets were mixed trying to recover from the U.S.

announcement that it would impose tariffs worth billions on exports from

the European Union. Weak economic data added to investor woes.

• U.S. markets gained amid increasing expectations that the Federal

Reserve will cut interest rates in its meeting later in the month. Investors

also awaited the release of other key economic data.

FIIDerivativeTradeStatistics 03‐Oct

(RsCr) Buy Sell OpenInt.

IndexFutures 7355.16 7190.89 13059.48

IndexOptions 422216.09 421106.93 51316.56

StockFutures 17832.16 18562.86 90557.80

StockOptions 7345.35 7367.89 2348.55

Total 454748.76 454228.57 157282.39

03‐Oct Prev_Day Change

PutCallRatio(OI) 1.01 0.96 0.05

IndianDebtMarket

PutCallRatio(Vol) 0.79 0.85 ‐0.06

03‐Oct Wk.Ago Mth.Ago YearAgo

CallRate 5.22% 5.34% 5.34% 6.32%

T‐Repo 4.92% 5.18% 5.24% NA

Repo 5.40% 5.40% 5.40% 6.50%

ReverseRepo 5.15% 5.15% 5.15% 6.25%

91DayT‐Bill 5.20% 5.39% 5.39% 7.08%

364DayT‐Bill 5.44% 5.56% 5.68% 7.77%

10YearGilt 6.61% 6.72% 6.52% 8.11%

G‐SecVol.(Rs.Cr) 48134 45294 31532 31813

CurrencyMarketUpdate

FBILMIBOR* 5.45% 5.45% 5.45% 6.50%

3MonthCPRate 6.05% 6.00% 5.85% 8.20%

5YearCorpBond 7.44% 7.42% 7.42% 9.03%

1MonthCDRate 5.30% 5.44% 5.27% 6.58%

3MonthCDRate 5.58% 5.78% 5.41% 7.26%

1YearCDRate 6.27% 6.50% 6.49% 8.58%

CommodityMarketUpdate

Currency 03‐Oct Prev_Day Change

USD/INR 71.12 70.91 0.21

GBP/INR 87.42 87.06 0.36

EURO/INR 77.89 77.18 0.72

InternationalNews

JPY/INR 0.66 0.65 0.01

Commodity 03‐Oct WkAgo Mth.Ago YearAgo

NYMEXCrude($/bl) 52.36 56.22 53.86 76.35

BrentCrude($/bl) 58.90 62.97 58.07 85.79

Gold($/oz) 1505 1506 1547 1197

Gold(Rs./10gm) 37919 37622 39007 30997

Source:ThomsonReutersEikon

*Asonprevioustradingday

MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.

04October2019

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DerivativeStatistics‐NiftyOptions



Disclaimer:

DerivativesMarket

DebtWatch

CurrencyMarket

CommodityPrices

• Bond yields declined ahead of the monetary policy meeting. The

market is speculating policy rate cut of at least 25 bps. Besides,

upcoming auction of 10‐year bond and drop in crude oil prices also aided

market sentiments.

• Yield on the 10‐year benchmark paper (7.26% GS 2029) decreased 5

bps to 6.61% compared with the previous close of 6.66% after trading in

a range of 6.60% to 6.63%.

• Banks borrowings under the repo window of the Liquidity Adjustment

Facility (LAF) stood at Rs. 3,833 crore (gross) on Oct 3, 2019 compared

with borrowings of Rs. 3,907 crore (gross) on Oct 1, 2019. Sale of

securities under Reserve Bank of India’s (RBI) reverse repo window stood

at Rs. 43,169 crore on Oct 1, 2019.

• Banks borrowed Rs. 895 crore under the central bank’s Marginal

Standing Facility on Oct 1, 2019 compared with borrowings of Rs. 3,290

crore on Sep 30, 2019.

• An Institute for Supply Management report showed growth in the U.S.

services sector slowed by more than anticipated in Sep 2019. The ISM

non‐manufacturing index dropped to 52.6 in Sep after climbing to 56.4 in

Aug 2019.

• Data from the Organization for Economic Cooperation and

Development showed Inflation in the OECD area slowed in Aug 2019 on

volatilefoodandenergyprices.Annualinflationslowedto1.9%inAug

from 2.1% in Jul 2019.

MarketsforYou

• Nifty Oct 2019 Futures stood at 11,361.80, a premium of 47.80 points

above the spot closing of 11,314.00. The turnover on NSE’s Futures and

Options segment rose to Rs. 27,91,988.47 crore on October 03, 2019,

compared with Rs. 18,54,590.62 crore on October 01, 2019.

• The Put‐Call ratio stood at 0.7 compared with the previous session’s

close of 0.96.

• The Nifty Put‐Call ratio stood at 1.01 compared with the previous

session’s close of 0.96.

• Open interest on Nifty Futures stood at 16.78 million, compared with

the previous session’s close of 16.4 million.

• The Indian rupee rose against the greenback following selling of the

greenback by foreign banks. However, losses in the domestic equit

market capped the gains. The rupee closed at 70.88 a dollar, up 0.28

compared with the previous close 71.08.

• The euro rose against the greenback as the latter weakened on

concerns that weakness in both U.S. manufacturing and service sectors

could lead to a slowdown in the U.S. economy. The euro closed at 1.0978,

up 0.18% compared with previous close of 1.0958.

• Gold prices edged higher after U.S. non‐manufacturing index fell to its

lowest level since Aug 2016.

• Brent crude prices witnessed marginal gain as expectations for Fed’s

rate cut help offset some of the concerns over disappointing data on U.S.

services activity.

Thank you for

your time.

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