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29 Oct 2019
Markets for You
Global Indices
Global Indices 28-Oct Prev_Day Abs. Change
% Change
#
Russell 3000 1,329 1,318 11 0.85
Nasdaq 8,326 8,243 83 1.01
FTSE 7,331 7,324 7 0.09
Nikkei 22,867 22,800 49 0.22
Hang Seng 26,891 26,667 -131 -0.49
Indian Indices 25-Oct Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 39,058 39,020 38 0.10
Nifty 50 11,584 11,583 1 0.01
Nifty 100 11,734 11,738 -4 -0.03
Nifty 500 9,431 9,438 -7 -0.07
Nifty Bank 29,396 29,108 288 0.99
S&P BSE Power 1,959 1,976 -17 -0.86
S&P BSE Small Cap 13,153 13,204 -51 -0.39
S&P BSE HC 12,898 12,888 10 0.08
Date P/E Div. Yield P/E Div. Yield
25-Oct 26.76 1.18 26.70 1.29
Month Ago 26.89 1.20 25.92 1.34
Year Ago 21.63 1.32 24.36 1.33
Nifty 50 Top 3 Gainers
Company 25-Oct Prev_Day
% Change
#
Yes Bank 52 48 7.97
SBI 282 263 7.26
ICICI Bank 469 455 3.16
Nifty 50 Top 3 Losers Domestic News
Company 25-Oct Prev_Day
% Change
#
Bharti Infratel 217 238 -8.65
Tata Motors 127 134 -4.98
Titan Industries Limited 1335 1375 -2.88
Advance Decline Ratio
BSE NSE
Advances 1060 746
Declines 1382 1018
Unchanged 151 135
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 59846
MF Flows** 57294
*25
th
Oct 2019; **23
rd
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.
29 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
103
-193
3.18%
(Jun-19)
• Indian equity markets remained flat on the last day of the week and ahead of
the Diwali festival on Oct 27, 2019. The largest public sector bank gained after
its second quarter earnings increased three-fold as provisions for bad loans
went down.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.1% and 0.01%
to close at 39,058.06 and 11,583.90 respectively. S&P BSE MidCap gained
0.02% and S&P BSE SmallCap lost 0.39%.
• The overall market breadth on BSE was weak with 1,060 scrips advancing and
1,382 scrips declining. A total of 151 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 1.07%
followed by S&P BSE IT, up 0.99% and S&P BSE Teck, up 0.66%. S&P BSE
Consumer Durables was the major loser, down 1.78% followed by S&P BSE
Telecom, down 1.67% and S&P BSE Industrials, down 1%.
• The finance minister said efforts will be made to further simplify the Goods
and Services Tax (GST), media reports showed. She expressed hope that it will
help in further improve the country’s ranking in the World Bank’s ease of doing
business index. India has moved up 14 places to rank 63rd out of 190 countries
in the World Bank’s Doing Business 2020 as it made significant improvement in
resolving insolvency and obtaining construction permits.
• Media reports showed the Reserve Bank of India (RBI) has prohibited banks
from deploying direct selling agents (DSAs) to sell retail loans and verifying
borrowers' documents. At present, a large proportion of retail assets such as
personal loans, credit cards and consumer credit are sourced via DSAs. The aim
of the move is to bring down cases of data theft and reduce operational risks.
• The Securities & Exchange Board of India (SEBI) has levied a total penalty of
Rs. 62 lakh on seven entities for failing to make public announcement with
regard to an acquisition. The firms have violated Substantial Acquisition of
Shares and Takeovers (SAST) rules, media reports cited a SEBI order.
• State Bank of India’s (SBI) net profit for the Sep 2019 quarter more than
tripled YoY on the back of higher net interest income and one-time gain from
SBI Life stake sale. The bank reported a net profit Rs. 3011.73 crore for the
period compared with Rs. 944.87 crore in the year-ago period.
• Tata Motors Ltd (TML) reported a consolidated net loss of ₹217 crore in
Q2FY20 on increased tax expenses and accumulated losses from joint
ventures, mainly the Cherry Jaguar Land Rover Automotive Company Ltd,
which is its joint venture unit in China.
• Marico Ltd’s consolidated net profit increased 17% in the second quarter to
Rs. 253 crore on the back of benign input costs even as domestic demand
continued to remain weak during the quarter. In the same quarter last year,
the company had posted a net profit of Rs. 216 crore.
• Asian equity markets rose on Brexit and U.S.-China trade optimism. A Brexit
deadline extension was agreed upon by the European Union and reports
showed Washington and Beijing could finalize parts of a trade deal. The U.S.
President said he plans to sign the deal with the Chinese President at a summit
in Chile in Nov 2019. Today (as of Oct 29), Asian markets opened higher as U.S.
and China move closer to cracking a pact. Both Nikkei and Hang Seng were
trading up 0.49% and 0.07%, respectively (as at 8.a.m. IST).
• European markets gained after the U.S. President said he could sign a deal
with China soon. The European Union (EU) approving a three-month extension
to Britain’s exit from EU and healthy corporate earnings supported sentiment.
• U.S. markets gained on U.S.-China trade optimism and strong corporate
earnings. The U.S. President said he plans to sign a deal with China in Chile in
Nov 2019 and U.S. officials said they were “close to finalizing” parts of a trade
pact.
Markets for You
FII Derivative Trade Statistics
25-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 4604.77 4931.73 14129.39
Index Options 516391.27 515580.99 49215.97
Stock Futures 16260.08 16629.48 92924.81
Stock Options 9672.15 9619.00 6723.72
Total 546928.27 546761.20 162993.89
25-Oct Prev_Day
Change
Put Call Ratio (OI) 1.21 1.02 0.19
Put Call Ratio(Vol) 0.87 0.84 0.04
25-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 5.10% 5.10% 5.33% 6.50%
T-Repo 4.89% 4.90% 5.22% 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% 5.05% 5.37% 6.94%
364 Day T-Bill 5.26% 5.25% 5.57% 7.42%
10 Year Gilt 6.68% 6.70% 6.76% 7.87%
G-Sec Vol. (Rs.Cr) 20088 24960 29494 32817
FBIL MIBOR 5.25% 5.25% 5.45% 6.60%
3 Month CP Rate 5.65% 5.80% 6.05% 8.35%
5 Year Corp Bond 7.52% 7.55% 7.50% 8.82%
1 Month CD Rate 4.88% 4.94% 5.50% 7.12%
3 Month CD Rate 5.42% 5.67% 5.83% 8.39%
1 Year CD Rate 5.87% 5.86% 6.63% 8.34%
Currency 25-Oct Prev_Day
Change
USD/INR 70.96 70.93 0.03
GBP/INR 91.19 91.63 -0.45
EURO/INR 78.81 78.98 -0.17
JPY/INR 0.65 0.65 0.00
Commodity 28-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
55.55 53.23 55.90 67.53
Brent Crude($/bl) 60.13 59.79 63.37 78.29
Gold( $/oz) 1492 1484 1497 1233
Gold(Rs./10 gm)* 38630 38241 38006 31736
Source: Thomson Reuters Eikon; *As on 25-Oct
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 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 11,611.15, a premium of 27.25 points above
the spot closing of 11,583.90. The turnover on NSE’s Futures and Options
segment fell to Rs. 9,24,657.70 crore on October 25, 2019, compared with Rs.
28,81,936.54 crore on October 24, 2019.
• The Put-Call ratio stood at 0.93 compared with the previous session’s close of
0.73.
• The Nifty Put-Call ratio stood at 1.21 compared with the previous session’s
close of 1.02.
• Open interest on Nifty Futures stood at 16.29 million, compared with the
previous session’s close of 16.52 million.
• Bond yields remained unchanged as investors traded cautiously amid fiscal
worries and tension over the government’s additional borrowing plan in the
upcoming months.
• Yield on the 10-year benchmark paper (7.26% GS 2029) closed unchanged at
6.68% after trading in a range of 6.67% to 6.69%.
• Yield on the 6.45% GS 2029 which is set to replace the existing benchmark
note soon closed unchanged at 6.50% after trading in a range of 6.49% to
6.53%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 4,152 crore (gross) on Oct 25, 2019 compared with
borrowings of Rs. 4,035 crore (gross) on Oct 24, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 46,683 crore on
Oct 24, 2019.
• Banks borrowed Rs. 4,790 crore under the central bank’s Marginal Standing
Facility on Oct 24, 2019 compared with borrowings of Rs. 5,000 crore on Oct
23, 2019.
• The Indian rupee rose against the greenback following selling of the
greenback by foreign banks. The rupee rose 0.18% to close at Rs. 70.88 per
dollar compared with the previous close of Rs. 71.01.
• Euro rose against the greenback as the investor risk sentiment improved on
optimism that U.S. and China will reach a trade deal. Expectations that Britain
will avoid a disorderly exit from the euro zone also boosted the common bloc
currency. Euro was trading at $1.1098, up 0.18% compared with the previous
close of $1.1078.
• Gold prices retreated from the $1500 level yet again as U.S. President hinted
on the possibility of a faster-than-expected U.S.-China trade deal.
• Brent Crude prices slumped as data released in China reinforced signs that its
economy is slowing, thereby overshadowing the demand outlook of the
commodity.
• According to a report from the University of Michigan, U.S. consumer
sentiment improved slightly less than preliminary expectations and came in at
95.5 in Oct 2019. However, it was up against reading of 93.2 in Sep 2019.
• Results of a survey by the European Central Bank showed professional
forecasters lowered the growth, inflation and unemployment expectations for
the euro area for this year and next. They thus justified the need for monetary
and fiscal stimulus. Inflation expectations for this year and next were cut to
1.2%, from 1.3% and 1.4%, respectively, predicted previously, the Survey of
Professional Forecasters for the fourth quarter revealed. The inflation
expectation for 2021 was trimmed to 1.4% from 1.5%.
Markets for You
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