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30 Oct 2019
Markets for You
Global Indices
Global Indices 29-Oct Prev_Day Abs. Change
% Change
#
Russell 3000 1,325 1,329 -4 -0.31
Nasdaq 8,277 8,326 -49 -0.59
FTSE 7,306 7,331 -25 -0.34
Nikkei 22,974 22,867 107 0.47
Hang Seng 26,787 26,891 -105 -0.39
Indian Indices 29-Oct Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 39,832 39,058 774 1.98
Nifty 50 11,787 11,584 203 1.75
Nifty 100 11,942 11,734 208 1.77
Nifty 500 9,598 9,431 167 1.77
Nifty Bank 29,873 29,396 477 1.62
S&P BSE Power 1,972 1,959 13 0.66
S&P BSE Small Cap 13,384 13,153 231 1.75
S&P BSE HC 13,101 12,898 204 1.58
Date P/E Div. Yield P/E Div. Yield
29-Oct 27.10 1.16 27.17 1.27
Month Ago 27.25 1.19 26.52 1.30
Year Ago 21.32 1.34 24.65 1.31
Nifty 50 Top 3 Gainers
Company 29-Oct Prev_Day
% Change
#
Tata Motors 172 127 35.95
Yes Bank 58 52 11.51
JSW Steel 234 217 7.78
Nifty 50 Top 3 Losers Domestic News
Company 29-Oct Prev_Day
% Change
#
Bharti Infratel 193 217 -10.99
Bharti Airtel 360 375 -4.07
Ultratech Cem 4118 4197 -1.88
Advance Decline Ratio
BSE NSE
Advances 1424 1076
Declines 1052 773
Unchanged 201 102
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 59846
MF Flows** 56939
*25
th
Oct 2019; **24
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.
30 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
-355
-193
3.18%
(Jun-19)
• Indian equity markets gained handsomely after the Diwali holiday as
sentiment was boosted by a series of factors. Media reports showing the
government is considering more measures to support the economy such as
scrapping of the dividend distribution tax buoyed markets. Upbeat corporate
earnings relaxed concerns over the health of the economy. On top of this,
progress in U.S.-China trade relations and the European Union extending
Brexit by three months added to the festive mood.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.98% and 1.75%
to close at 39,831.84 and 11,786.85, respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 1.12% and 0.55% respectively.
• The overall market breadth on BSE was strong with 1,424 scrips advancing
and 1,052 scrips declining. A total of 201 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Auto was the major
gainer, up 5.76%, followed by S&P BSE Metal, up 4.67%, and S&P BSE IT, up
2.29%. S&P BSE Capital Goods and S&P BSE Oil & Gas were up 2.13% and
1.64%, respectively.
• According to media reports, the Prime Minister's Office (PMO) and the
finance ministry are working on certain measures that may include doing away
dividend distribution tax (DDT). The Department of Economic Affairs (DEA)
and Revenue Department officials in the finance ministry have held meetings
with PMO officials in this regard.
• The Central Board of Indirect Taxes and Customs (CBIC) has directed to
appoint a nodal officer in each CGST and Customs Commissionerate to sort out
taxpayer grievances. The move would ensure an escalation point for taxpayers
in case their grievances are not addressed at the designated level.
• The World Trade Organization has agreed to set up a committee to settle a
trade disagreement between India and the U.S. the dispute is over India’s
decision to impose retaliatory import tariffs on 28 U.S. products. This comes a
month after India blocked the first request by the U.S. to set up a panel to
decide on New Delhi’s decision to impose additional duties on products
including apples, walnuts, chickpeas, lentils, boric acid and diagnostic reagents.
• Bharti Airtel announced that it has delayed its quarterly results, media
reports showed. This comes as the Supreme Court allowed the Centre's plea to
recover adjusted gross revenue (AGR) of Rs. 92,000 crore from telecom service
providers.
• HDFC Asset Management Company reported a 79% YoY increase in net profit
to Rs. 368.3 crore for the Sep 2019 quarter, media reports showed. The main
reason behind the increase was the reduction in commissions and fees paid to
distributors. Net fee expenses were lower by 44% and was almost nil in the
quarter.
• Asian markets witnessed a mixed trend as investors awaited concrete details
of a possible interim U.S.-China trade deal. Today (as of Oct 30), Asian markets
opened low as investors remained cautious ahead of U.S. Fed’s interest rate
decision, scheduled to be announced later during the day. Both Nikkei and
Hang Seng were trading down 0.31% and 0.37%, respectively (as at 8.a.m. IST).
• European markets largely remained low as investors continued to monitor
the corporate earning numbers and developments on the U.S.- China trade
deal. Brexit uncertainty too played its part in keeping markets under pressure
after the British parliament rejected a plan by U.K. Prime Minister to organise a
snap election. This has added to the uncertainty surrounding the economic
outlook.
• U.S. markets closed lower as traders were reluctant to make significant
moves ahead of the Federal Reserve's highly anticipated monetary policy
announcement on Oct 30. Although, the U.S. central bank is largely expected
to lower interest rates by 25 basis points, investors will be looking for clues
about the Fed’s policy decisions in the future.
Markets for You
FII Derivative Trade Statistics
29-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 3924.62 4920.31 14493.57
Index Options 176209.46 174435.83 54069.22
Stock Futures 21652.51 21304.76 92966.89
Stock Options 8077.64 7997.17 6504.38
Total 209864.23 208658.07 168034.06
29-Oct Prev_Day
Change
Put Call Ratio (OI) 1.48 1.21 0.27
Put Call Ratio(Vol) 0.97 0.87 0.09
29-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 5.09% 5.10% 5.24% 6.44%
T-Repo 4.84% 4.96% 5.18% NA
Repo 5.15% 5.15% 5.40% 6.50%
Reverse Repo 4.90% 4.90% 5.15% 6.25%
91 Day T-Bill 5.05% 5.06% 5.30% 6.91%
364 Day T-Bill 5.27% 5.28% 5.52% 7.41%
10 Year Gilt 6.52% 6.54% 6.74% 7.81%
G-Sec Vol. (Rs.Cr) 19609 16045 44214 35716
FBIL MIBOR* 5.25% 5.25% 5.45% 6.60%
3 Month CP Rate 5.65% 5.80% 5.95% 8.65%
5 Year Corp Bond 7.51% 7.53% 7.52% 8.78%
1 Month CD Rate 4.95% 4.94% 5.55% 7.07%
3 Month CD Rate 5.48% 5.67% 5.79% 7.73%
1 Year CD Rate 5.88% 5.86% 6.45% 8.35%
Currency 29-Oct Prev_Day
Change
USD/INR 70.73 70.96 -0.23
GBP/INR 90.91 91.19 -0.28
EURO/INR 78.44 78.81 -0.37
JPY/INR 0.65 0.65 0.00
Commodity 29-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
55.29 54.16 55.90 66.95
Brent Crude($/bl) 60.81 61.34 63.37 78.45
Gold( $/oz) 1487 1488 1497 1229
Gold(Rs./10 gm) 38630 38173 37481 31784
Source: Thomson Reuters Eikon *As on previous trading day
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
30 October 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Oct 2019 Futures stood at 11,795.45, a premium of 8.60 points above
the spot closing of 11,786.85. The turnover on NSE’s Futures and Options
segment rose to Rs. 12,36,632.72 crore on October 29, 2019, compared with
Rs. 9,24,657.70 crore on October 25, 2019.
• The Put-Call ratio stood at 0.83 compared with the previous session’s close of
0.93.
• The Nifty Put-Call ratio stood at 1.48 compared with the previous session’s
close of 1.21.
• Open interest on Nifty Futures stood at 17.1 million, compared with the
previous session’s close of 16.29 million.
• Bond yields rose tracking the overnight surge in U.S. Treasury yields. In
addition, fears over a fiscal slippage dampened market sentiment and kept
investors on tenterhooks.
• Yield on the old 10-year benchmark paper (7.26% GS 2029) rose 1 bps to close
at 6.69% compared with the previous close of 6.68% after trading in a range of
6.68% to 6.71%.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 2 bps to
close at 6.52% compared with the previous close of 6.50% after trading in a
range of 6.50% to 6.52%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,882 crore (gross) on Oct 29, 2019 compared with
borrowings of Rs. 4,152 crore (gross) on Oct 25, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 37,055 crore on
Oct 25, 2019.
• The Indian rupee rose against the greenback following gains in the domestic
equity market. Gains were extended as investor risk appetite improved amid
signs of progress in trade talks between U.S. and China. The rupee rose 0.06%
to close at Rs. 70.84 per dollar compared with the previous close of Rs. 70.88.
• Euro rose against the greenback as the latter remained under pressure ahead
of the outcome of the U.S. Federal Reserve monetary policy review due on Oct
30, 2019. Euro was trading at $1.1110, up 0.11% compared with the previous
close of $1.1098.
• Gold prices fell as its safe-haven appeal dwindled amid hopes of a U.S.-China
trade deal.
• Brent Crude prices rose amid signs of an easing in the U.S.-China trade
dispute. However, expectations for a rise in U.S. crude inventories capped the
gains.
• According to media reports, U.K. will hold a general election in Dec 2019 for
the first time since 1923 in a bid to resolve the Brexit paralysis. Lawmakers
from parties across the U.K. Parliament voted to hold a nationwide poll on Dec
12, 2019.
• Data from the National Bureau of Statistics showed China's industrial profits
declined at a faster pace in Sep 2019 as producer prices continued to fall.
Industrial profits decreased 5.3% YoY, after easing 2% in Aug 2019. During Jan
to Sep, profits earned by industrial firms declined 2.1% compared with a 1.7%
drop in Jan to Aug period.
Markets for You
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