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09 Oct 2019
Markets for You
Global Indices
Global Indices 08-Oct Prev_Day Abs. Change
% Change
#
Russell 3000 Closed 1,285 NA NA
Nasdaq Closed 7,956 NA NA
FTSE Closed 7,198 NA NA
Nikkei 21,588 21,375 213 0.99
Hang Seng 25,893 25,821 72 0.28
Indian Indices 07-Oct Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 37,532 37,673 -141 -0.38
Nifty 50 11,126 11,175 -48 -0.43
Nifty 100 11,239 11,303 -64 -0.57
Nifty 500 9,041 9,092 -51 -0.56
Nifty Bank 27,768 27,732 36 0.13
S&P BSE Power 1,885 1,901 -16 -0.85
S&P BSE Small Cap
12,713 12,809 -96 -0.75
S&P BSE HC 11,976 12,274 -298 -2.43
Date P/E Div. Yield P/E Div. Yield
7-Oct 26.25 1.23 25.64 1.35
Month Ago 26.07 1.25 26.91 1.40
Year Ago 22.13 1.30 25.03 1.30
Nifty 50 Top 3 Gainers
Company 07-Oct Prev_Day
% Change
#
Yes Bank 46 42 8.30
Zee Ente. 252 237 6.19
Britannia Industries Limited 2953 2845 3.80
Nifty 50 Top 3 Losers Domestic News
Company 07-Oct Prev_Day
% Change
#
BPCL 491 516 -4.83
JSW Steel 208 215 -3.10
Ultratech Cem 3870 3980 -2.74
Advance Decline Ratio
BSE NSE
Advances 868 608
Declines 1656 1245
Unchanged 227 117
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 52359
MF Flows** 54534
*7
th
Oct 2019; **7
th
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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 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
714
-878
3.05%
(May-19)
• Indian equity markets fell for the sixth consecutive session as investors
awaited economic data and Sep 2019 quarter earnings from information
technology majors. Global cues were weak too on reports that Chinese
officials are not keen on a broad trade deal framed by the U.S. President.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.38% and 0.43%
to close at 37,531.98 and 11,126.40, respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.24% and 0.75%, respectively.
• The overall market breadth on BSE was weak with 868 scrips advancing and
1,656 scrips declining. A total of 227 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Consumer Durables was the major
gainer, up 1.06% followed by S&P BSE Telecom, up 0.32% and S&P BSE
Bankex, up 0.26%. S&P BSE Healthcare was the major loser, down 2.43%
followed by S&P BSE Oil & Gas, down 1.84% and S&P BSE Capital Goods,
down 1.65%.
• According to the Reserve Bank of India (RBI) Governor, there is no lower
bound as such for the key policy repo rate and that it may again consider
cutting interest rates at its next monetary policy review. The remark comes
after the Monetary Policy Committee cut key policy repo rate to 5.15% which
is the lowest since Mar 10, 2019.
• According to the RBI Governor, the central bank is not considering any
special liquidity facility for Non-Banking Financial Institutions (NBFCs) as
there is enough in the system to meet their needs for borrowings. The
governor further added that banks need to take a call on lending to the
NBFCs.
• RBI decided that State/UT Level Bankers Committees (SLBCs/ UTLBCs) shall
identify one district in their respective States/UTs on a pilot basis after
discussing the same with banks and stakeholders. This district may be
allocated to a bank having a significant footprint. The bank will take the
necessary steps to make the district 100% digitally enabled. The objective of
the move is to expand and deepen the digital payment ecosystem.
• Drug maker Lupin Ltd’s three plants have received warning letters from the
U.S. Food and Drug Administration (FDA). Its fourth plant is under intense
scrutiny. The company has appointed a new global head for quality control to
ensure quality adherence.
• The U.S. has named PepsiCo India for the 2019 Secretary of State's Award
for Corporate Excellence (ACE) as the company saved more than 17 billion
litres of water through community water programmes.
• IL&FS Engineering and Construction Company has defaulted on redemption
of preference shares worth Rs. 39.5 crore in favour of Vistra ITCL (India) Ltd.
The due date of redemption was Sep 30, 2019.
• JSW Energy Ltd said it has entered into exclusive talks with GMR Energy Ltd
for buying out its thermal power plant GMR Kamalanga Energy Ltd. GMR
Kamalanga Energy is a 1050 megawatt coal based power plant in the
Dhenkanal district of Odisha and has fuel linkages with Mahanadi Coal Fields,
one of the major coal producing subsidiaries of Coal India Ltd.
• Asian equity markets rose after White House economic adviser said he is
hopeful about trade talks with China as U.S. will look at things afresh. Chinese
Vice Premier is scheduled to meet U.S. Trade Representative and Treasury
Secretary Steven Mnuchin in Washington. Today (as of Oct 9), Asian markets
opened lower as uncertainties arose ahead of the U.S.-China trade meet.
Both Nikkei and Hang Seng were trading up 0.86% and 0.14%, respectively
(as at 8.a.m. IST).
• European markets fell on fading U.S.-China trade talk hopes after the U.S.
Commerce Department blacklisted 28 Chinese companies.
• U.S. markets traded down as U.S.-China trade talk optimism faded after the
U.S. included some of China’s top artificial intelligence firms in the trade
blacklist. This was done over China’s treatment of a minority community in its
territory.
Markets for You
FII Derivative Trade Statistics
07-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 4914.14 5638.95 13160.12
Index Options 220248.87 219321.54 53132.86
Stock Futures 14194.56 14065.36 89043.98
Stock Options 4710.30 4802.19 3059.64
Total 244067.87 243828.04 158396.60
07-Oct Prev_Day
Change
Put Call Ratio (OI) 0.97 1.01 -0.03
Put Call Ratio(Vol) 0.85 0.83 0.02
07-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 5.12% 5.40% 5.37% 6.41%
T-Repo 4.81% 5.33% 5.22% NA
Repo 5.15% 5.40% 5.40% 6.50%
Reverse Repo 4.90% 5.15% 5.15% 6.25%
91 Day T-Bill 5.20% 5.24% 5.30% 6.85%
364 Day T-Bill 5.36% 5.50% 5.65% 7.55%
10 Year Gilt 6.68% 6.70% 6.60% 8.02%
G-Sec Vol. (Rs.Cr) 27528 28071 36013 42133
FBIL MIBOR 5.21% 5.45% 5.45% 6.45%
3 Month CP Rate 6.05% 5.85% 5.85% 8.35%
5 Year Corp Bond 7.45% 7.48% 7.48% 8.91%
1 Month CD Rate 5.14% 5.49% 5.14% 7.11%
3 Month CD Rate 5.31% 5.89% 5.73% 7.42%
1 Year CD Rate 6.19% 6.42% 6.47% 8.52%
Currency 07-Oct Prev_Day
Change
USD/INR 70.98 70.87 0.11
GBP/INR 87.42 87.52 -0.10
EURO/INR 77.93 77.78 0.14
JPY/INR 0.66 0.66 0.00
Commodity 08-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
Closed 53.55 56.40 74.22
Brent Crude($/bl) Closed 60.95 61.57 84.56
Gold( $/oz) Closed 1479 1507 1188
Gold(Rs./10 gm)* 38043 37475 38185 31216
Source: Thomson Reuters Eikon *07-Oct-19
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 October 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
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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
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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.
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
• Nifty Oct 2019 Futures stood at 11,162.00, a premium of 35.60 points
above the spot closing of 11,126.40. The turnover on NSE’s Futures and
Options segment fell to Rs. 8,66,676.50 crore on October 07, 2019,
compared with Rs. 9,76,983.06 crore on October 04, 2019.
• The Put-Call ratio stood at 0.85 compared with the previous session’s close
of 0.88.
• The Nifty Put-Call ratio stood at 0.96 compared with the previous session’s
close of 0.97.
• Open interest on Nifty Futures stood at 16.55 million, compared with the
previous session’s close of 16.47 million.
• Bond yields remained range bound and fell marginally following a steep rise in
the previous session as investors resorted to short covering and awaited fresh
triggers in holiday truncated week. Major events including Monetary Policy
review got over last week.
• Yield on the 10-year benchmark paper (7.26% GS 2029) fell 1 bps to 6.68%
compared with the previous close of 6.69% after trading in a range of 6.66% to
6.69%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,932 crore (gross) on Oct 7, 2019 compared with borrowings
of Rs. 3,832 crore (gross) on Oct 4, 2019. Sale of securities under Reserve Bank
of India’s (RBI) reverse repo window stood at Rs. 19,120 crore on Oct 4, 2019.
• Banks borrowed Rs. 1,825 crore under the central bank’s Marginal Standing
Facility on Oct 4, 2019 compared with borrowings of Rs. 619 crore on Oct 3,
2019.
• The Indian rupee fell against the greenback following losses in the domestic
equity market amid uncertainty over the upcoming trade talks between U.S.
and China. However, selling of the greenback by state run banks restricted
further losses.
• The euro fell against the greenback after the U.S. Federal Reserve Chief
refrained from committing to more rate cuts even after data showed an
unexpected drop in U.S. producer inflation in Sep 2019.
• Gold prices rose as uncertainties over U.S.-China trade talks and Brexit
improved the safe haven appeal of the yellow metal.
• Brent crude prices fell on concerns over US-China trade talks. Losses were
extended after the U.S. Energy Information Administration cut its 2020 world
oil demand growth forecast.
• According to a report released by the Labor Department, U.S. producer prices
unexpectedly decreased in Sep 2019. The Labor Department’s producer price
index for final demand fell 0.3% in Sep after inching up by 0.1% in Aug 2019.
• A Federal Reserve report showed another bigger than expected increase in
consumer credit in Aug 2019. The Fed said consumer credit climbed by $17.9
billion in Aug after surging up $23.0 billion in Jul 2019.
• Eurozone house prices increased at a slightly faster pace in the second
quarter, data from Eurostat showed. House prices logged an annual growth of
4.2% after posting 4.1% rise in the first quarter.
Markets for You
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