Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
15 Oct 2019
Markets for You
Global Indices
Global Indices 14-Oct Prev_Day Abs. Change
% Change
#
Russell 3000 1,298 1,299 -1 -0.08
Nasdaq 8,049 8,057 -8 -0.10
FTSE 7,213 7,247 -34 -0.46
Nikkei Closed 21,799 NA NA
Hang Seng 26,522 26,308 213 0.81
Indian Indices 14-Oct Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,214 38,127 87 0.23
Nifty 50 11,341 11,305 36 0.32
Nifty 100 11,456 11,413 43 0.37
Nifty 500 9,193 9,161 31 0.34
Nifty Bank 28,182 28,043 139 0.50
S&P BSE Power 1,916 1,920 -4 -0.20
S&P BSE Small Cap
12,788 12,772 16 0.12
S&P BSE HC 12,258 12,152 106 0.87
Date P/E Div. Yield P/E Div. Yield
14-Oct 26.63 1.21 26.20 1.32
Month Ago 26.42 1.23 27.23 1.39
Year Ago 22.52 1.28 25.33 1.28
Nifty 50 Top 3 Gainers
Company 14-Oct Prev_Day
% Change
#
Tata Motors 128 121 5.40
ONGC 135 129 4.84
Bharti Airtel 394 383 2.78
Nifty 50 Top 3 Losers Domestic News
Company 14-Oct Prev_Day
% Change
#
Infosys 786 815 -3.52
Bajaj Finance 3883 3973 -2.26
Power Grid 198 201 -1.29
Advance Decline Ratio
BSE NSE
Advances 1220 919
Declines 1295 914
Unchanged 219 104
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 50660
MF Flows** 55313
*14
th
Oct 2019; **10
th
Oct 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
3.99%
(Sep-19)
3.70%
(Sep-18)
IIP
-1.10%
(Aug-19)
4.80%
(Aug-18)
GDP
5.00%
(Jun-19)
8.00%
(Jun-18)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
15 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
4.50%
(May-19)
5.80%
(Mar-19)
Quarter Ago
Inflow/Outflow
-110
-568
3.18%
(Jun-19)
Indian equity markets started the week with mild gains though the start was
shaky. Weak IIP data kept investors on their toes but firm global cues and an
extremely successful debut by the Indian Railway Catering and Tourism
Corporation (IRCTC) at the stock exchange supported sentiment. Investors also
awaited inflation data, due to be released later in the day.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.23% and 0.32%
to close at 38,214.47 and 11,341.15, respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 0.44% and 0.12%, respectively.
The overall market breadth on BSE was weak with 1,220 scrips advancing and
1,295 scrips declining. A total of 219 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 2.24%
followed by S&P BSE Realty, up 1.99% and S&P BSE Auto, up 1.63%. S&P BSE IT
was the major loser, down 0.9% followed by S&P BSE Teck, down 0.5% and
S&P BSE Power, down 0.2%.
Consumer price index-based inflation rate increased to 3.99% in Sep 2019
from an upwardly revised 3.28% in Aug 2019 (3.21% originally reported) and
3.70% in Sep 2018. Inflation of food and beverages surged to 4.70% in Sep
2019 from 2.96% in Aug 2019, for vegetables to 15.40% from 6.90%, meat and
fish to 10.29% from 8.51%, and pulses and products to 8.40% from 6.94%.
Consumer Food Price Index increased to 2.99% in Sep from 2.36% in Aug and
0.29% in Sep 2018.
Government data showed that wholesale price index-based inflation (WPI)
eased to 0.33% in Sep 2019 compared with 1.08% in Aug 2019 and 5.22% in
the same month of the previous year. The rate of inflation for primary articles
eased from 6.43% in Aug to 5.54% in Sep. The rate of inflation for non-food
articles eased from 4.76% in Aug to 2.18% in Sep.
Finance minister said public-sector banks have sufficient liquidity, adding that
efforts are being made to ensure that large corporates release their dues to
micro, small and medium enterprises (MSME) ahead of Diwali. The minister
held a review meeting with heads of public-sector banks and asked them to
provide bill discounting facility to MSMEs against payments due from large
corporates. Around Rs. 40,000 crore is due to the MSME sector according to
returns filed by large corporates, the minister said.
The World Bank has cut its economic growth forecast for India to 6% for FY20
from its Apr 2019 estimate of 7.5%. The bank cited a broad-based and severe
cyclical slowdown. In its South Asian Economic Focus report, the bank said
growth is expected to gradually recover to 6.9% in 2020-21 and to 7.2% in
2021-22. This comes after other multinational institutions and rating firms and
brokerages have cut economic growth estimates for the country.
Hindustan Unilever Ltd’s (HUL) consolidated net profit increased 23.4% to Rs.
1,818 crore in the Jul-Sep 2019 quarter compared with Rs. 1,473 crore in the a
year-ago period. The largest packaged consumer goods maker in India sold
more personal and home care products and benefited from low raw material
costs. Net sales at the company rose 6.07% to Rs. 9,931 crore against Rs. 9,363
crore in the same period last financial year. Raw material costs fell 3.64% YoY
to Rs. 3,331 crore.
Asian equity markets gained after the U.S. and China cracked a "phase one"
trade deal at the end of their talks last week. As a result, the U.S. agreed to
delay tariff hikes planned from Oct 15, 2019. Today (as of Oct 15), Asian
markets opened with caution as overnight doubts emerged about the partial
U.S.-China trade deal. Both Nikkei and Hang Seng were trading up 1.72% and
0.03%, respectively (as at 8.a.m. IST).
European markets went down as a partial deal reached between U.S. and
China looked vague. Under the deal, the U.S. agreed to postpone a hike in
tariffs from 25% to 30% on at least $250 billion of Chinese goods, starting
from Oct 15, 2019. But news appeared that China wants another round of talks
before signing the phase one of the proposed deal.
U.S. markets lost after conflicting news appeared about the partial U.S.-China
trade deal. Media reports showed China wants another round of talks before
signing a pact called by the U.S. President as “a very substantial phase one deal”
between the two countries. U.S. Treasury Secretary said he expects the mid-
Dec round of tariff hikes to take start if no deal is reached between the
countries.
Markets for You
FII Derivative Trade Statistics
14-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 5374.32 4712.84 13050.28
Index Options 208576.60 209437.67 54312.07
Stock Futures 13486.04 14167.11 88506.32
Stock Options 6436.26 6281.03 4431.36
Total 233873.22 234598.65 160300.03
14-Oct Prev_Day
Change
Put Call Ratio (OI) 1.18 1.14 0.04
Put Call Ratio(Vol) 0.88 0.86 0.02
14-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 5.06% 5.12% 5.29% 6.42%
T-Repo 4.59% 4.81% 5.28% NA
Repo 5.15% 5.15% 5.40% 6.50%
Reverse Repo 4.90% 4.90% 5.15% 6.25%
91 Day T-Bill 5.12% 5.20% 5.30% 6.87%
364 Day T-Bill 5.35% 5.36% 5.62% 7.51%
10 Year Gilt 6.68% 6.68% 6.64% 7.98%
G-Sec Vol. (Rs.Cr) 28759 27528 54062 35220
FBIL MIBOR* 5.22% 5.45% 5.45% 6.50%
3 Month CP Rate 6.00% 6.05% 5.65% 7.80%
5 Year Corp Bond 7.56% 7.46% 7.51% 8.86%
1 Month CD Rate 4.95% 5.14% 5.36% 6.82%
3 Month CD Rate 5.06% 5.31% 5.38% 7.14%
1 Year CD Rate 6.17% 6.19% 6.23% 8.42%
Currency 14-Oct Prev_Day
Change
USD/INR 71.02 71.03 -0.01
GBP/INR 89.29 88.43 0.86
EURO/INR 78.29 78.24 0.05
JPY/INR 0.66 0.66 0.00
Commodity 14-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
53.52 52.71 54.71 71.36
Brent Crude($/bl) 59.45 60.35 62.14 81.05
Gold( $/oz) 1493 1493 1488 1218
Gold(Rs./10 gm) 38386 38043 37592 31565
Source: Thomson Reuters Eikon *As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
15 October 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
Nifty Oct 2019 Futures stood at 11,336.30, a discount of 4.85 points below
the spot closing of 11,341.15. The turnover on NSE’s Futures and Options
segment fell to Rs. 8,52,895.76 crore on October 14, 2019, compared with Rs.
9,49,606.63 crore on October 11, 2019.
The Put-Call ratio stood at 0.84 compared with the previous session’s close of
0.90.
The Nifty Put-Call ratio stood at 1.18 compared with the previous session’s
close of 1.14.
Open interest on Nifty Futures stood at 15.67 million, compared with the
previous session’s close of 15.94 million.
Bond yields lowered as market participants resorted to short covering. In
addition, decline in crude oil prices also helped the yield ease. Besides, market
participants are awaiting the release of the country’s retail inflation for Sep
2019 for further cues.
Yield on the 10-year benchmark paper (7.26% GS 2029) declined 5 bps to
6.68% compared with the previous close of 6.73% after trading in a range of
6.68% to 6.75%.
Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,817 crore (gross) on Oct 14, 2019 compared with
borrowings of Rs. 4,232 crore (gross) on Oct 11, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 34,578 crore on
Oct 11, 2019.
Banks borrowed Rs. 6,825 crore under the central bank’s Marginal Standing
Facility on Oct 11, 2019 compared with borrowings of Rs. 5,335 crore on Oct
10, 2019.
The Indian rupee weakened against the U.S. dollar following greenback
purchases by state run banks. Reports that China wanted further trade talks
before signing a partial trade deal with the U.S fuelled concerns of hurdles in
reaching a final accord which further weakened the rupee. The rupee closed at
71.23 a dollar, down 0.30% compared with the previous close 71.02.
The euro weakened against the greenback as optimism over a trade deal
between U.S. and China waned to some extent and uncertainty over Brexit. The
euro closed at 1.1028, down 0.11% compared with previous close of 1.1040.
Gold prices rose as the optimism over a potential U.S.-China trade deal took a
hit amid reports that China wants to hold another round of trade talks by the
end of Oct with U.S. which improved the safe haven appeal of the bullion.
Brent crude prices fell amid uncertainty over a trade deal between U.S. and
China.
Eurostat data showed euro zone industrial production expanded in Aug 2019
after easing for two consecutive months. Industrial output grew 0.4 %month-
on-month, offsetting a 0.4% fall in Jul 2019. This was the first rise in three
months.
Figures from the China Association of Automobile Manufacturers showed
China's car sales fell for the 15th consecutive month in Sep 2019. Car sales
decreased 5.2% YoY to 2.271 million units. However, car sales grew 16% from
the previous month.
Data from the General Administration of Customs showed China's exports
declined more than expected in Sep 2019, reflecting weak global growth and
trade disputes with the U.S. In dollar terms, exports fell 3.2% YoY in Sep 2019.
This was bigger than the prior month's 1% fall.
Markets for You
Thank you for
your time.