05 Sep 2019
Markets for You
Global Indices
Global Indices 04-Sep Prev_Day Abs. Change
% Change
#
Russell 3000 1,295 1,281 13 1.05
Nasdaq 7,977 7,874 103 1.30
FTSE 7,311 7,268 43 0.59
Nikkei 20,649 20,625 24 0.12
Hang Seng 26,523 25,528 995 3.90
Indian Indices 04-Sep Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 36,725 36,563 162 0.44
Nifty 50 10,845 10,798 47 0.43
Nifty 100 10,964 10,925 39 0.36
Nifty 500 27,124 26,824 300 1.12
Nifty Bank 27,124 26,824 300 1.12
S&P BSE Power 1,855 1,845 10 0.54
S&P BSE Small Cap 12,406 12,370 36 0.29
S&P BSE HC 12,773 12,772 1 0.01
Date P/E Div. Yield P/E Div. Yield
4-Sep 25.78 1.27 26.61 1.42
Month Ago 26.11 1.25 27.09 1.34
Year Ago 24.47 1.17 28.01 1.16
Nifty 50 Top 3 Gainers
Company 04-Sep Prev_Day
% Change
#
Bharti Airtel 346 337 2.63
Tata Steel 339 331 2.37
HDFC Bank 2248 2211 1.66
Nifty 50 Top 3 Losers Domestic News
Company 04-Sep Prev_Day
% Change
#
Tata Motors 110 113 -2.80
IndusInd Bank 1318 1344 -1.96
Tech Mahindra 703 705 -0.18
Advance Decline Ratio
BSE NSE
Advances 1194 936
Declines 1196 852
Unchanged 167 113
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 46048
MF Flows** 41372
*4
th
Sep 2019; **3
rd
Sep 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)
05 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
0.20%
(Feb-19)
6.60%
(Dec-18)
Quarter Ago
Inflow/Outflow
962
-3163
2.99%
(Apr-19)
• Indian equity markets gained on upbeat global cues and a
strengthening rupee. Investors welcomed positive political developments
in Italy, Britain and Hong Kong. Encouraging economic data from China
eased global growth concerns.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.44% and
0.43% to close at 36,724.74 and 10,844.65, respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.14% and 0.29%, respectively.
• The overall market breadth on BSE was weak with 1,194 scrips
advancing and 1,196 scrips declining. A total of 167 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
1.91%, followed by S&P BSE Metal, up 1.72%, and S&P BSE Bankex, up
1.06%. S&P BSE Auto was the major loser, down 1.74%, followed by S&P
BSE Consumer Durables, down 1.31%, and S&P BSE Consumer
Discretionary Goods & Services, down 0.92%.
• The seasonally adjusted Nikkei India Services Business Activity Index fell
to 52.4 in Aug 2019 from 53.8 in Jul 2019. Job creation and output
expansion was curtailed by weaker sales gains and rates of inflation came
in at historically weak levels. Business sentiment, however, strengthened
to one-year high because of supportive public policies and estimates of
better demand. The seasonally adjusted Nikkei India Composite PMI
Output Index that considers both the manufacturing sector and the
services sector came in at 52.6 in Aug from 53.9 in Jul.
• The government is planning to invest Rs. 25,000 crore in the next five
years to revamp the fisheries infrastructure sector in India. It will expand
the scope of inland fisheries and increase productivity in aquaculture
farms by monitoring disease and implementing traceability in order to
double seafood exports.
• The National Company Law Appellate Tribunal (NCLAT) has observed
that an applicant seeking to withdraw an insolvency petition can do so if
is supported by 90% voting share of the committee of creditors (CoC).
• The Central Board of Direct Taxes (CBDT) has entered into 26 advance
pricing agreements in 2019 in order to increase certainty in international
transactions and reduce the scope for litigation. One of these 26
agreements is a bilateral agreement (BAPA) with U.K. authorities,
remaining 25 are unilateral advance pricing agreements (UAPAs). They
cover various sectors and sub-sectors such as information technology,
banking, semiconductor, power, pharmaceutical, hydrocarbon,
publishing and automobiles.
• According to a report by a global consultancy, highways construction in
India could require about Rs. 19 lakh crore in the next five years. The
agency said innovative financing mechanisms need to be put in place to
address any funding gap. India has the second-largest road network in
the world and the Ministry of Road Transport and Highways plans to
develop around 60,000 km of highways in the next five years.
• Asian equity markets were mostly high as investors welcomed
encouraging Chinese service data and official withdrawal of the
contentious extradition bill by the Hong Kong leader. Today (as of Sep 5),
Asian markets were higher as investors kept their eyes on Hong Kong
developments. Both Nikkei and Hang Seng were trading up 2.16% and
0.34%, respectively (as at 8.a.m. IST).
• European markets moved up after British legislators defeated the
government in a vote to take control of parliamentary affairs. With this,
the non-supporters of the U.K. Prime Minister have moved nearer to
blocking a no-deal Brexit.
• U.S. markets gained as protests in Hong Kong between the government
and pro-democracy supporters eased after the leader of the country
officially withdrew a controversial bill. The development is being seen as
positive because the long-drawn protest could have potentially disrupted
the global economy and hindered U.S.-China trade talks.
Markets for You
FII Derivative Trade Statistics 04-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 4239.87 4026.35 13305.47
Index Options 160228.92 159088.58 54144.94
Stock Futures 10426.94 11330.63 86582.57
Stock Options 4602.11 4580.57 2569.59
Total 179497.84 179026.13 156602.57
04-Sep Prev_Day
Change
Put Call Ratio (OI) 1.08 1.04 0.04
Indian Debt Market
Put Call Ratio(Vol) 0.79 0.79 0.00
04-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 5.35% 5.36% 5.60% 6.32%
T-Repo 5.22% 5.25% 5.58% NA
Repo 5.40% 5.40% 5.75% 6.50%
Reverse Repo 5.15% 5.15% 5.50% 6.25%
91 Day T-Bill 5.37% 5.38% 5.55% 6.75%
364 Day T-Bill 5.67% 5.71% 5.80% 7.32%
10 Year Gilt 6.55% 6.57% 6.35% 8.06%
G-Sec Vol. (Rs.Cr) 33606 36101 73832 41362
Currency Market Update
FBIL MIBOR* 5.45% 5.45% 5.75% 6.50%
3 Month CP Rate 5.85% 5.90% 6.03% 7.70%
5 Year Corp Bond 7.44% 7.74% 7.79% 8.81%
1 Month CD Rate 5.19% 5.26% 5.64% 6.94%
3 Month CD Rate 5.63% 5.60% 6.09% 7.29%
1 Year CD Rate 6.49% 6.43% 6.79% 8.06%
Commodity Market Update
Currency 04-Sep Prev_Day
Change
USD/INR 72.07 72.19 -0.12
GBP/INR 87.28 86.72 0.56
EURO/INR 79.11 79.00 0.11
International News
JPY/INR 0.68 0.68 0.00
Commodity 04-Sep Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 56.17 55.71 55.62 69.77
Brent Crude($/bl) 60.92 60.51 60.26 77.58
Gold( $/oz) 1552 1539 1440 1191
Gold(Rs./10 gm) 39011 38795 35341 30191
Source: Thomson Reuters Eikon
*As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
05 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 10,886.30, a premium of 41.65 points
above the spot closing of 10,844.65. The turnover on NSE’s Futures and
Options segment fell to Rs. 15,02,054.73 crore on Sep 4, 2019, compared
with Rs. 9,31,077.92 crore on Sep 3, 2019.
• The Put-Call ratio stood at 0.87, compared with the previous session’s
close of 0.83.
• The Nifty Put-Call ratio stood at 1.08 compared with the previous
session’s close of 1.04.
• Open interest on Nifty Futures stood at 18.14 million, compared with
the previous session’s close of 18.64 million.
• Bond yields increased as investors resorted to profit booking to
capitalize on the recent rally after speculations on the government’s
growth program and fiscal spending weighed on sentiments.
• Yield on the 10-year benchmark paper (7.26% GS 2029) rose 3 bps to
6.55% compared with the previous close of 6.52% after trading in a
range of 6.50% to 6.55%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,754 crore (gross) on Sep 4, 2019 compared
with borrowings of Rs. 3,754 crore (gross) on Sep 3, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window
stood at Rs. 20,127 crore on Sep 3, 2019.
• Banks borrowed Rs. 900 crore under the central bank’s Marginal
Standing Facility on Sep 3, 2019 compared with borrowings of Rs. 55
crore on Aug 30, 2019.
• The Indian rupee rose against the U.S. dollar following selling of
greenback by few private banks and a retreat in the dollar index. The
rupee closed at 72.12 a dollar compared with the previous close 72.40.
• The euro strengthened against the U.S. dollar after comment from
European policymakers raised doubts over the scale of a European
Central Bank stimulus package expected next week. The euro closed at
1.1033 compared with the previous close of 1.0972.
• Gold prices grew following decline in U.S. Treasury yields and U.S.-
China trade tensions.
• Brent crude prices rebounded and grew on reports of China’s upbeat
services sector data in Aug 2019 and easing geopolitical concerns in
Hongkong.
• The U.S. Federal Reserve’s Beige Book said the U.S. economy expanded
at a modest pace through the end of Aug 2019. The Beige Book, which is
a compilation of anecdotal evidence on economic conditions in the 12
Fed districts, will be used by Fed officials to make their decision on
interest rates at a meeting on Sep 17 and 18, 2019.
• Data from IHS Markit showed U.K. service sector growth weakened in
Aug 2019. The IHS Markit/Chartered Institute of Procurement & Supply
Purchasing Managers' Index fell more than expected to 50.6 in Aug from
51.4 in Jul 2019.
Markets for You
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