03Sep2019
MarketsforYou

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GlobalIndices
GlobalIndices 02‐Sep Prev_Day Abs.Change
%Change
#
Russell3000 Closed 1,619 NA NA
Nasdaq Closed 7,963 NA NA
FTSE 7,282 7,207 75 1.04
Nikkei 20,620 20,704 ‐84 ‐0.41
HangSeng 25,627 25,725 ‐98 ‐0.38
IndianIndices 30‐Aug Prev_Day Abs.Change
%Change
#
S&PBSESensex 37,333 37,069 264 0.71
Nifty50 11,023 10,948 75 0.68
Nifty100 11,155 11,069 86 0.78
Nifty500 8,978 8,906 71 0.80
NiftyBank 27,428 27,305 123 0.45
S&PBSEPower 1,888 1,899 ‐11 ‐0.59
S&PBSESmallCap 12,535 12,430 104 0.84
S&PBSEHC 12,875 12,662 213 1.69
Date P/E Div.Yield P/E Div.Yield
30‐Aug 26.25 1.24 27.27 1.39
MonthAgo 26.64 1.23 27.34 1.34
YearAgo 24.82 1.15 28.51 1.15
Nifty50Top3Gainers
Company 30‐Aug Prev_Day
%Change
#
YesBank 60 57 4.44
SunPharma 450 435 3.62
IndusIndBank 1396 1351 3.35
Nifty50Top3Losers DomesticNews
Company 30‐Aug Prev_Day
%Change
#
BhartiInfratel 250 258 ‐3.10
CoalIndia 185 189 ‐2.25
PowerGrid 201 205 ‐2.10
AdvanceDeclineRatio
BSE NSE
Advances 1407 1038
Declines 1120 762
Unchanged 170 125
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 48636
MFFlows** 40410
*30
th
Aug2019;**28
th
Aug2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
3.15%
(Jul‐19)
4.17%
(Jul‐18)
IIP
2.00%
(Jun‐19)
7.00%
(Jun‐18)
GDP
5.00%
(Jun‐19)
8.00%
(Jun‐18)
03September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
2.70%
(Mar‐19)
5.80%
(Mar‐19)
QuarterAgo
Inflow/Outflow
306
‐627
2.99%
(Apr‐19)
• Indian equity markets ended in the green on the last day of the week.
Sentiment was supported as investors looked forward to the release of
GDP data and fiscal deficit numbers. Also, there were expectations that
the finance minister could announce steps on recapitalization of state‐run
banks and their consolidation. Global cues were positive too with Italy
getting a new government and signs of U.S.‐China trade talks appeared.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.71% and
0.68% to close at 37,332.79 and 11,023.25 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 1.01% and 0.84% respectively.
• The overall market breadth on BSE was strong with 1,407 scrips
advancing and 1,120 scrips declining. A total of 170 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up
1.77% followed by S&P BSE FMCG, up 1.74% and S&P BSE Healthcare, up
1.69%. S&P BSE Power was the major loser, down 0.59% followed by S&P
BSE Capital Goods, down 0.46% and S&P BSE Utilities, down 0.27%.
• The growth of the Indian economy slowed for the fifth consecutive
quarter to a more than 6‐year low of 5.00% on a year basis in the first
quarter of FY20 compared to a growth of 5.80% in the previous quarter
and 8.00% in the same period of the previous year. This was the weakest
rate of growth since the first quarter of 2013 when the domestic
economy grew 4.30% on a yearly basis. On the sectoral front, the growth
of the manufacturing sector slowed to 0.6% YoY compared to a growth of
12.1% in the same period of the previous year. The growth of the
Agriculture, Forestry & Fishing sector slowed to 2.0% YoY compared to a
growth of 5.1% in the first quarter of FY20. Growth of other sectors
namely Construction, Trade, Hotels, Transport, Communication &
Services Related to Broadcasting and Financial, Real Estate & Professional
Services also slowed to 5.7%, 7.1%, and 5.9% on a yearly basis
respectively in Q1FY20 compared to the respective growth of 9.6%, 7.8%
and 6.5% in Q1FY19. However, the growth of Electricity, Gas, Water
Supply & Other Utility Services and Public Administration, Defence &
Other Services accelerated to 8.6% and 8.5% in Q1FY20 on a yearly basis
compared to a growth of 6.7% and 7.5% in the same period of the
previous year.
• Government data showed that India’s fiscal deficit for the period from
Apr to Jul of 2019 stood at Rs. 5.48 lakh crore or 77.8% of the budget
estimate compared to 86.5% of the budget estimate in the corresponding
period of the previous year. Total expenditure stood at Rs. 9.47 lakh crore
or 34.0% of the budget estimate compared to 36.4% of the budget
estimate in the corresponding period of the previous year. Total receipts
stood at Rs. 3.99 lakh crore or 19.2% of the budget estimate which was
unchanged from the corresponding period of the previous year. Tax
revenue stood at Rs. 3.39 lakh crore or 20.5% of the budget estimate
compared to 19.8% of the budget estimate in the corresponding period of
the previous year. Subsequently the revenue deficit stood at Rs. 4.57 lakh
crore or 94.1% of the budget estimate compared to 106.3% of the budget
estimate in the corresponding period of the previous year.
MarketsforYou
• Asian equity markets were mostly lower as the fresh round of tariffs by
the U.S. and China started over the weekend. U.S. tariffs on around $112
billion Chinese imports came into effect on Sep 1, 2019, while China
imposed retaliatory tariffs on some of the $75 billion U.S. goods it has
targeted. Today (as of Sep 3), Asian markets opened lower as investors
kept their eyes on what decision certain central banks will take regarding
interest rates. Both Nikkei and Hang Seng were trading up 0.13% and
0.21%, respectively (as at 8.a.m. IST).
• European markets gained as manufacturing data in China and Europe
improved slightly. However, concern around global economic growth
remained as China and the U.S. started a fresh round of trade tariffs on
each other’s imports over the weekend.
• U.S. markets were last seen flattish on Aug 30 as investors took a
breather at the end of a volatile Aug 2019. Markets are looking forward
to what the new month holds in terms of the U.S.‐China trade relations
andeconomicgrowth.MarketsremainedclosedonSep2onthe
occassion of Labor Day.
FIIDerivativeTradeStatistics 30‐Aug
(RsCr) Buy Sell OpenInt.
IndexFutures 10137.29 11229.19 29338.98
IndexOptions 435062.52 436065.00 73285.26
StockFutures 21950.23 21475.55 95118.32
StockOptions 2349.27 2281.84 4002.41
Total 469499.31 471051.58 201744.97
30‐Aug Prev_Day Change
PutCallRatio(OI) 1.38 1.00 0.38
IndianDebtMarket
PutCallRatio(Vol) 0.84 0.80 0.04
30‐Aug Wk.Ago Mth.Ago YearAgo
CallRate 5.38% 5.34% 5.53% 6.34%
T‐Repo 5.30% 5.19% 5.56% NA
Repo 5.40% 5.40% 5.75% 6.50%
ReverseRepo 5.15% 5.15% 5.50% 6.25%
91DayT‐Bill 5.35% 5.40% 5.70% 6.80%
364DayT‐Bill 5.70% 5.65% 5.93% 7.31%
10YearGilt 6.56% 6.57% 6.39% 7.93%
G‐SecVol.(Rs.Cr) 29394 27556 49385 32339
CurrencyMarketUpdate
FBILMIBOR 5.45% 5.40% 5.75% 6.46%
3MonthCPRate 5.90% 5.90% 6.30% 7.70%
5YearCorpBond 7.56% 7.70% 7.71% 8.75%
1MonthCDRate 5.26% 5.49% 5.71% 6.98%
3MonthCDRate 5.49% 5.50% 6.28% 7.25%
1YearCDRate 6.50% 6.64% 6.87% 8.03%
CommodityMarketUpdate
Currency 30‐Aug Prev_Day Change
USD/INR 71.76 72.00 ‐0.24
GBP/INR 87.43 87.94 ‐0.51
EURO/INR 79.24 79.79 ‐0.56
InternationalNews
JPY/INR 0.67 0.68 0.00
Commodity 02‐Sep WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) Closed 53.51 55.62 69.79
BrentCrude($/bl) 58.74 58.93 60.26 77.01
Gold($/oz) 1530 1526 1440 1201
Gold(Rs./10gm)* 38405 37599 34801 30099
Source:ThomsonReutersEikon
*Asonprevioustradingday
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
03September2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Sep 2019 Futures stood at 11,058.90, a premium of 35.65 points
above the spot closing of 11,023.25. The turnover on NSE’s Futures and
Options segment fell to Rs. 9,28,907.05 on August 30, 2019, compared
with Rs.28,04,687.29 crore on August 29, 2019.
• The Put‐Call ratio stood at 0.83, compared with the previous session’s
close of 0.78.
• The Nifty Put‐Call ratio stood at 1.38 compared with the previous
session’s close of 1.00.
• Open interest on Nifty Futures stood at 18.19 million, compared with
the previous session’s close of 26.23 million.
• Bond yields were up as market participants remain worried about the
government’s spending plans, which in turn is expected to widen the
fiscal deficit and breach the target. Besides, weakness in the local
currency also dampened sentiments.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) rose 1 bps to
6.56% compared with the previous close of 6.55% after trading in a
range of 6.55% to 6.59%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,834 crore (gross) on Aug 30, 2019 compared
with borrowings of Rs. 3,849 crore (gross) on Aug 29, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 19,336 crore on Aug 29, 2019.
• Banks borrowed Rs. 67 crore under the central bank’s Marginal
Standing Facility on Aug 29, 2019 compared with borrowings of Rs. 8
crore on Aug 28, 2019.
• A Commerce Department report showed U.S. personal income
increased by less than expected in Jul 2019. The report showed a bigger
than expected increase in personal spending during the month. Personal
income inched up 0.1% in Jul after climbing by 0.5% in Jun 2019.
• Federal Employment Agency preliminary data showed Germany's
number of unemployed grew by a seasonally adjusted 4,000 persons
after a 1,000 increase in Jul 2019. The rise was in line with expectations.
MarketsforYou
• The Indian rupee rose against the U.S. dollar following selling of the
greenback by foreign banks. Renewed optimism over progress in trade
talks between U.S. and China and gains in the domestic equity market
also boosted market sentiments.
• The euro weakened against the greenback as concerns of an
intensifying trade war between U.S. and China and worries of a global
economic slowdown increased the possibility of a rate cut by the
European Central Bank.
• GoldpricestickedhigherasnewtariffskickedininbothU.S.andChina,
marking the next step in the ongoing trade dispute between the two
largest economies in the world.
• Brent crude prices slumped as both U.S. and China imposed new import
tariffs.
Thank you for
your time.

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