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18 Oct 2019
Markets for You
Global Indices
Global Indices 17-Oct Prev_Day Abs. Change
% Change
#
Russell 3000 1,313 1,308 5 0.37
Nasdaq 8,157 8,124 33 0.40
FTSE 7,182 7,168 14 0.20
Nikkei 22,452 22,473 -21 -0.09
Hang Seng 26,848 26,664 184 0.69
Indian Indices 17-Oct Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 39,052 38,599 453 1.17
Nifty 50 11,586 11,464 122 1.07
Nifty 100 11,718 11,589 130 1.12
Nifty 500 9,391 9,282 109 1.18
Nifty Bank 28,989 28,539 451 1.58
S&P BSE Power 1,932 1,918 14 0.73
S&P BSE Small Cap 12,914 12,800 114 0.89
S&P BSE HC 12,503 12,399 104 0.84
Date P/E Div. Yield P/E Div. Yield
17-Oct 27.35 1.18 26.76 1.29
Month Ago 25.35 1.28 26.60 1.42
Year Ago 22.40 1.28 25.19 1.29
Nifty 50 Top 3 Gainers
Company 17-Oct Prev_Day
% Change
#
Yes Bank 47 41 15.47
Tata Motors 140 126 10.85
Eicher Motors 20492 19221 6.61
Nifty 50 Top 3 Losers Domestic News
Company 17-Oct Prev_Day
% Change
#
Vedanta Limited 148 150 -1.07
Grasim Indus 725 731 -0.86
TCS 2031 2046 -0.76
Advance Decline Ratio
BSE NSE
Advances 1414 1125
Declines 1077 707
Unchanged 189 127
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 59880
MF Flows** 56206
*17
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.
18 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
897
3.18%
(Jun-19)
• Indian equity markets gained on strong global cues as the U.K. and European
Union reached a new Brexit deal. This to some extent eased concerns over
global economic growth as Brexit and U.S.-China trade war have been for a
long time upsetting the fabric of markets.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.17% and 1.07%
to close at 39,052.06 and 11,586.35, respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 1.77% and 0.89% respectively.
• The overall market breadth on BSE was strong with 1,414 scrips advancing
and 1,077 scrips declining. A total of 189 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Auto was the major
gainer, up 2.93%, followed by S&P BSE Consumer Discretionary Goods &
Services and S&P BSE Bankex, up 1.82% and 1.59%, respectively. S&P BSE
Finance and S&P BSE Energy gained 1.55% and 1.34% respectively.
• Finance minister said the government plans to take sector-specific measures
to revive stressed sectors. To deal with the slowdown, government has
announced specific measures for the automobile sector and similar initiatives
are being taken and will continue for each of the stressed sectors, she said.
Government’s positive intervention has to be a continuous process till the
slowdown stops, she added.
• The government has started redrafting the proposed national industrial
policy, which will offer benefits in addition to what states provide. The
government has constituted a working group to prepare the new industrial
policy to make India a manufacturing hub. The working group will consult
stakeholders, identify problems of industry and develop solutions for short
and medium term.
• The International Monetary Fund said there are problems that India needs to
address in spite of working on the fundamentals of its economy. These include
the long-term drivers of growth.
• A private research report showed rural household consumption decreased to
a seven-year low in the Sep 2019 quarter. This is a sign of the prolonged
agrarian distress and near-stagnant rural incomes eroding demand for
consumer goods. Consumption of packaged consumer goods by rural
households also grew at a slower pace than in urban areas for the first time in
seven years.
• TVS Motor Company Ltd’s standalone income for the quarter ended Sep 2019
fell 13% YoY due to subdued domestic sales across its product portfolio.
India’s third largest two-wheeler manufacturer’s total income came in at Rs.
4,353 crore compared with Rs. 4,994 crore in the year-ago period.
• Mindtree’s net profit grew 45.6% sequentially to Rs. 135 crore for the second
quarter ended Sep 2019 on the back of “EBITDA improvement that neutralised
some of the other costs." The EBITDA margin improved by 300 basis points
compared to last quarter.
• Asian equity markets fell after data showed U.S. retail sales decreased
unexpectedly in Sep 2019 and U.K. and European Union (EU) had not yet
agreed on a final Brexit deal ahead of an EU summit in Brussels. Today (as of
Oct 18), Asian markets were mixed as investors looked forward to the release
of China’s third quarter GDP data to assess the state of the economy. Both
Nikkei and Hang Seng were trading up 0.47% and 0.12%, respectively (as at
8.a.m. IST).
• European markets dropped slightly after initially rising on news that U.K. and
European Union had struck a Brexit deal. Later, doubts arose as to whether the
U.K. Prime Minister will be able to get the deal approved in a vote at the British
Parliament.
• U.S. markets gained on the back of strong corporate earnings across sectors.
Also, news emerged that the European Union and the U.K. have struck a deal
on Brexit.
Markets for You
FII Derivative Trade Statistics
17-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 3419.92 3012.32 12323.83
Index Options 246238.16 247318.50 59278.40
Stock Futures 12614.20 11867.83 90270.84
Stock Options 4413.15 4410.81 5012.15
Total 266685.43 266609.46 166885.22
17-Oct Prev_Day
Change
Put Call Ratio (OI) 1.58 1.32 0.26
Put Call Ratio(Vol) 1.03 1.03 0.00
17-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 5.04% 5.07% 5.37% 6.58%
T-Repo 4.81% 4.73% 5.37% NA
Repo 5.15% 5.15% 5.40% 6.50%
Reverse Repo 4.90% 4.90% 5.15% 6.25%
91 Day T-Bill 5.00% 5.17% 5.25% 6.93%
364 Day T-Bill 5.35% 5.38% 5.60% 7.47%
10 Year Gilt 6.71% 6.69% 6.73% 7.91%
G-Sec Vol. (Rs.Cr) 49183 23791 31017 22510
FBIL MIBOR* 5.24% 5.20% 5.45% 6.57%
3 Month CP Rate 5.80% 6.05% 5.70% 7.90%
5 Year Corp Bond 7.56% 7.53% 7.63% 8.84%
1 Month CD Rate 4.96% 5.02% 5.39% 6.99%
3 Month CD Rate 5.66% 5.29% 5.39% 8.23%
1 Year CD Rate 5.91% 6.21% 6.30% 8.38%
Currency 17-Oct Prev_Day
Change
USD/INR 71.41 71.51 -0.10
GBP/INR 91.11 91.35 -0.24
EURO/INR 79.06 79.02 0.04
JPY/INR 0.66 0.66 0.00
Commodity 17-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
53.84 53.52 59.21 69.58
Brent Crude($/bl) 59.89 59.97 66.48 80.48
Gold( $/oz) 1492 1494 1502 1222
Gold(Rs./10 gm) 38227 38361 37855 31722
Source: Thomson Reuters Eikon *As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
18 October 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
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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 11,600.65, a premium of 14.30 points above
the spot closing of 11,586.35. The turnover on NSE’s Futures and Options
segment rose to Rs. 26,50,662.03 crore on October 17, 2019, compared with
Rs. 12,07,214.31 crore on October 16, 2019.
• The Put-Call ratio stood at 0.77 compared with the previous session’s close of
0.92.
• The Nifty Put-Call ratio stood at 1.58 compared with the previous session’s
close of 1.32.
• Open interest on Nifty Futures stood at 15.65 million, compared with the
previous session’s close of 15.76 million.
• Bond yields spiked as fiscal slippage concerns renewed following a
government official’s comment. Market participants are wary on how the
government will manage covering the revenue shortfall in a scenario where tax
is consistently declining. This led to selloff in the bond market, dampening
sentiments.
• Yield on the 10-year benchmark paper (7.26% GS 2029) rose 5 bps to 6.71%
compared with the previous close of 6.66% after trading in a range of 6.64% to
6.73%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,812 crore (gross) on Oct 17, 2019 compared with
borrowings of Rs. 3,794 crore (gross) on Oct 16, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 19,391 crore on
Oct 16, 2019.
• Banks borrowed Rs. 4,401 crore under the central bank’s Marginal Standing
Facility on Oct 16, 2019 compared with borrowings of Rs. 5,550 crore on Oct
15, 2019.
• The Indian rupee gained against the greenback following reports that the
European Union and Britain have agreed a new Brexit deal. Gains in domestic
equity markets also boosted the currency. The rupee closed at 71.16 a dollar
compared with the previous close 71.44.
• The euro gained against the greenback amid reports that European Union and
Britain have struck a long-awaited Brexit deal. The euro closed at 1.1122
compared with previous close of 1.1070.
• Gold prices inched up as initial weakness seen on signs of a Brexit deal was
reversed as resistance from U.K. lawmakers emerged.
• Brent crude prices edged higher with investors focusing on slump in fuel
stockpiles as the maintenance season for refineries caused an unusual deficit in
oil products.
• A Labor Department report showed initial jobless claims edged up to 214,000
in the week ended Oct 12, 2019, an increase of 4,000 from the previous week's
210,000.
• A Federal Reserve report showed a bigger than expected drop in industrial
production in Sep 2019. Industrial production fell 0.4% in Sep after climbing
0.8% in Aug 2019.
• Data from the Office for National Statistics showed U.K. retail sales stagnated
in Sep 2019 as consumers were cautious about spending amid uncertainties
surrounding Brexit.
• A Commerce Department report showed a sharp pullback in U.S. housing
starts in Sep 2019. Housing starts plunged 9.4% to an annual rate of 1.256
million in Sep after soaring 15.1% to a revised 1.386 million in Aug 2019.
Markets for You
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