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17 Oct 2019
Markets for You
Global Indices
Global Indices 16-Oct Prev_Day Abs. Change
% Change
#
Russell 3000 1,308 1,313 -5 -0.35
Nasdaq 8,124 8,149 -25 -0.30
FTSE 7,168 7,212 -44 -0.61
Nikkei 22,473 22,207 266 1.20
Hang Seng 26,664 26,504 160 0.61
Indian Indices 16-Oct Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,599 38,506 93 0.24
Nifty 50 11,464 11,428 36 0.31
Nifty 100 11,589 11,544 44 0.38
Nifty 500 9,282 9,254 28 0.30
Nifty Bank 28,539 28,555 -16 -0.06
S&P BSE Power 1,918 1,939 -20 -1.06
S&P BSE Small Cap 12,800 12,774 26 0.21
S&P BSE HC 12,399 12,345 54 0.44
Date P/E Div. Yield P/E Div. Yield
16-Oct 26.85 1.20 26.48 1.30
Month Ago 25.92 1.26 27.06 1.39
Year Ago 22.56 1.27 25.52 1.27
Nifty 50 Top 3 Gainers
Company 16-Oct Prev_Day
% Change
#
BPCL 512 490 4.51
Grasim Indus 731 704 3.86
Zee Ente. 260 251 3.57
Nifty 50 Top 3 Losers Domestic News
Company 16-Oct Prev_Day
% Change
#
Hero Moto 2602 2676 -2.74
Hindalco 188 193 -2.39
Vedanta Limited 150 154 -2.35
Advance Decline Ratio
BSE NSE
Advances 1133 833
Declines 1329 996
Unchanged 205 116
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 58983
MF Flows** 56206
*16
th
Oct 2019; **15
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.
17 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
686
2170
3.18%
(Jun-19)
• Indian equity markets managed to gain in volatile trade. Start of India Inc’s
earnings season has been good with some of country’s major information
technology companies beating expectations. Also, data showed Sep 2019
trade deficit came in at seven-month low.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.24% and 0.31%
to close at 38,598.99 and 11,464.00, respectively. S&P BSE MidCap lost 0.14%
and S&P BSE SmallCap gained 0.21%.
• The overall market breadth on BSE was weak with 1,133 scrips advancing and
1,329 scrips declining. A total of 205 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Oil & Gas was the major gainer, up 1.2%
followed by S&P BSE Realty, up 1.09% and S&P BSE Energy, up 0.94%. S&P BSE
Power was the major loser, down 1.06% followed by S&P BSE Utilities, down
0.88% and S&P BSE Metal, down 0.42%.
• Finance minister said trade negotiations between India and the U.S. are going
well and will conclude sooner than expected, media reports showed. In Sep
2019, India and the U.S. failed to announce a limited trade deal in New York
during the meeting of the Prime Minister and U.S. President because of
differences over the package including Washington’s access to Indian markets
for medical devices, such as stents and knee implants, information and
communications technology products and dairy products with the removal of
price caps.
• According to data from the Petroleum Planning and Analysis Cell (PPAC),
India's fuel demand slipped to its lowest in more than two years in Sep 2019
after a fall in diesel and industrial fuel consumption negated the rise in petrol
and LPG consumption. Consumption of petroleum products in Sep dropped to
16.01 million tonne, its lowest since Jul 2017, from 16.06 million tonnes in the
same month last year. Diesel saw demand drop 3.2% to 5.8 million tonne,
while naphtha sales dipped by a quarter to 844,000 tonne.
• A joint survey report by a state-run financial institution and a credit
information company said commercial credit demand has contracted 2.6
percentage points to Rs. 63.80 lakh crore in the Jun 2019 quarter over the
preceding three months. This was accompanied by a steep deterioration in
asset quality, said the report. The contraction has been across all the four
segments of the commercial credit segment, including micro, small, medium,
mid and large enterprises.
• Wipro’s consolidated net profit increased 35.82% YoY to Rs. 2,561.30 crore
for the Sep 2019 quarter compared with Rs. 1,885.70 crore in the year-ago
period. On a sequential basis, profit was up 6.2%. Gross revenue for the
quarter increased 4% YoY to Rs. 15,130 crore.
• Cognizant has entered into a deal to acquire Contino, which is a privately-held
technology consulting firm, for an undisclosed amount. The transaction is
expected to close in the fourth quarter of 2019. This is Cognizant’s third
acquisition in 2019. Earlier in 2019, Cognizant acquired fintech software firm
Meritsoft, and life sciences manufacturing technology company Zenith
Technologies.
• Asian equity markets were mostly high on the back of a good start to the U.S.
earnings season and expectations that U.K. and the European Union could
strike a deal. Media reports showed, European Union and U.K. negotiators
could agree on a draft Brexit deal. Today (as of Oct 17), Asian markets were
mixed because of overnight loss at the Wall Street on weak economic data.
Both Nikkei and Hang Seng were trading up 0.16% and 0.81%, respectively (as
at 8.a.m. IST).
• European markets were little changed as Brexit negotiations continued
between the U.K. and European Union. Investors are expecting a deal to be
cracked before the exit deadline of Oct 31, 2019.
• U.S. markets dipped as weak retail sales data along with trade-war fears
overshadowed strong earnings reports. Retail sales in Sep 2019 unexpectedly
dropped for the first time in seven months, adding to recession concerns.
Markets for You
FII Derivative Trade Statistics
16-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 3662.26 2918.59 12703.60
Index Options 185849.08 185712.05 59850.82
Stock Futures 11625.54 11267.59 89883.65
Stock Options 4518.79 4513.40 4847.96
Total 205655.67 204411.63 167286.03
16-Oct Prev_Day
Change
Put Call Ratio (OI) 1.32 1.32 0.00
Put Call Ratio(Vol) 1.03 1.00 0.03
16-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 5.05% 5.07% 5.36% 6.54%
T-Repo 4.73% 4.86% 5.35% NA
Repo 5.15% 5.15% 5.40% 6.50%
Reverse Repo 4.90% 4.90% 5.15% 6.25%
91 Day T-Bill 5.09% 5.22% 5.25% 6.87%
364 Day T-Bill 5.37% 5.39% 5.60% 7.49%
10 Year Gilt 6.66% 6.66% 6.72% 7.87%
G-Sec Vol. (Rs.Cr) 41517 38160 45279 42832
FBIL MIBOR* 5.22% 5.21% 5.43% 6.50%
3 Month CP Rate 5.80% 6.05% 5.65% 7.80%
5 Year Corp Bond 7.50% 7.50% 7.60% 8.80%
1 Month CD Rate 4.90% 5.07% 5.35% 6.88%
3 Month CD Rate 5.57% 5.31% 5.43% 7.46%
1 Year CD Rate 5.97% 6.22% 6.23% 8.41%
Currency 16-Oct Prev_Day
Change
USD/INR 71.51 71.32 0.19
GBP/INR 91.35 90.41 0.94
EURO/INR 79.02 78.74 0.28
JPY/INR 0.66 0.66 0.00
Commodity 16-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
53.37 52.58 63.05 71.88
Brent Crude($/bl) 59.84 60.59 69.31 80.97
Gold( $/oz) 1489 1505 1498 1224
Gold(Rs./10 gm) 38203 38179 37780 31799
Source: Thomson Reuters Eikon *As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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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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
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
• Nifty Oct 2019 Futures stood at 11,475.55, a premium of 11.55 points above
the spot closing of 11,464.00. The turnover on NSE’s Futures and Options
segment rose to Rs. 12,07,214.31 crore on October 16, 2019, compared with
Rs. 9,30,743.21 crore on October 15, 2019.
• The Put-Call ratio remained unchanged compared with the previous session’s
close of 0.92.
• The Nifty Put-Call ratio remained unchanged compared with the previous
session’s close of 1.32.
• Open interest on Nifty Futures stood at 15.76 million, compared with the
previous session’s close of 16.17 million.
• Bond yields lowered as likely purchases of bonds by an insurance firm
encouraged market participants to resort to short covering. Besides,
speculations of further policy rate cuts also supported the sentiments.
• Yield on the 10-year benchmark paper (7.26% GS 2029) declined 1 bps to
6.66% compared with the previous close of 6.67% after trading in a range of
6.65% to 6.68%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,794 crore (gross) on Oct 16, 2019 compared with
borrowings of Rs. 3,842 crore (gross) on Oct 15, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 32,977 crore on
Oct 15, 2019.
• Banks borrowed Rs. 5,550 crore under the central bank’s Marginal Standing
Facility on Oct 15, 2019 compared with borrowings of Rs. 4,535 crore on Oct
15, 2019.
• The Indian strengthened gained against the greenback following gains in
domestic equity market and foreign fund inflows. Greenback sales also added
to the gains. The rupee closed at 71.44 a dollar compared with the previous
close 71.54.
• The euro gained against the greenback amid concerns that intensifying trade
tensions between U.S. and Beijing will continue to weigh on the global growth
outlook. The euro closed at 1.1070 compared with previous close of 1.1031.
• Gold prices edged higher as weak U.S. retail sales data revived hopes of
further interest rate cuts by the U.S. Fed. Meanwhile, Brexit talks between the
EU and the U.K. failed to deliver a breakthrough,
• Brent crude prices inched up on hopes that both OPEC and the allied
producers will continue to curb supplies in Dec.
•The National Association of Home Builders Homebuilder report showed
confidence in the U.S. unexpectedly climbed to its highest level in well over a
year in Oct 2019. The NAHB/Wells Fargo Housing Market Index jumped to 71 in
Oct after inching up to 68 in Sep 2019.
• Figures from the Office for National Statistics showed U.K. consumer prices
advanced 1.7% YoY in Sep 2019, the same pace of growth as Aug 2019, and the
lowest since late 2016. Factory gate inflation eased to the weakest in three
years.
Markets for You
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