11 Sep 2019
Markets for You
Global Indices
Global Indices 10-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,297 1,302 -5 -0.40
Nasdaq 8,084 8,087 -3 -0.04
FTSE 7,268 7,236 32 0.44
Nikkei 21,392 21,318 74 0.35
Hang Seng 26,684 26,681 2 0.01
Indian Indices 09-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 37,145 36,982 164 0.44
Nifty 50 11,003 10,946 57 0.52
Nifty 100 11,123 11,068 55 0.50
Nifty 500 8,972 8,920 52 0.58
Nifty Bank 27,505 27,248 257 0.94
S&P BSE Power 1,930 1,924 5 0.28
S&P BSE Small Cap 12,710 12,595 115 0.92
S&P BSE HC 13,018 12,953 65 0.50
Date P/E Div. Yield P/E Div. Yield
9-Sep 26.12 1.25 27.05 1.39
Month Ago 26.28 1.23 27.41 1.33
Year Ago 24.74 1.15 28.17 1.15
Nifty 50 Top 3 Gainers
Company 09-Sep Prev_Day
% Change
Yes Bank 63 60 4.47
UPL 587 568 3.43
Maruti Suzuki 6336 6187 2.40
Nifty 50 Top 3 Losers Domestic News
Company 09-Sep Prev_Day
% Change
HCL Technologies 1084 1100 -1.45
Infosys 829 840 -1.32
Tech Mahindra 713 722 -1.23
Advance Decline Ratio
Advances 1597 1187
Declines 946 639
Unchanged 176 113
Institutional Flows (Equity)
Description (Cr)
FII Flows* 43120
MF Flows** 44415
Sep 2019; **6
Sep 2019
Economic Indicator
YoY(%) Current Year Ago
11 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
Quarter Ago
Indian equity markets gained as weak U.S. and China economic data led
to expectations of further stimulus from global central banks. Also, the
finance minister reassuring that the government will take additional
measures to revive economic growth supported sentiment.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.44% and
0.52% to close at 37,145.45 and 11,003.05, respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.97% and 0.92%, respectively.
The overall market breadth on BSE was strong with 1,597 scrips
advancing and 946 scrips declining. A total of 176 scrips remained
On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
1.75% followed by S&P BSE Capital Goods, up 1.74% and S&P BSE
Industrials, up 1.37%. S&P BSE IT was the major loser, down 0.81%
followed by S&P BSE Teck, down 0.53%.
According to media reports, sales of cars and SUVs in India declined for
the 10th straight month in Aug 2019. Deliveries fell 41% from a year
earlier to 115,957 units, data released by the Society of Indian
Automobile Manufacturers (SIAM) showed, said the reports. Truck and
bus sales dropped 39%. Two-wheeler sales -- a key indicator of demand in
rural India -- fell 22% to 1.5 million units. Domestic passenger vehicle
sales fell for the 10th straight month in Aug by 31.57% to 1,96,524 units
from 2,87,198 units in the year-ago period. Motorcycle sales declined
22.33% to 9,37,486 units as against 12,07,005 units a year earlier. Sales of
commercial vehicles were down 38.71% to 51,897 units in Aug. Vehicle
sales across categories registered a decline of 23.55% to 18,21,490 units
from 23,82,436 units.
The Employees Provident Fund Organization (EPFO) has floated a
proposal that says it should be granted priority over other creditors’ dues
to assets of a bankrupt company. The pension fund is struggling to
recover almost Rs. 1,800 crore of its subscribers’ money from two
troubled companies. The proposal has been circulated among
stakeholders for consultation.
Media reports showed Coffee Day Enterprises Ltd (CDEL) has put its
Sical Logistics unit for sale as it seeks to cut debt. The deal could garner
Rs. 1,000-1,500 crore for the parent company.
Ashok Leyland announced that it will observe non-working days in five
plants in Sep 2019. The Hinduja Group flagship company is doing this to
deal with the slowing sales.
Flipkart said it has entered into collaboration with almost 27,000
'kirana' shops across 700 cities to strengthen its supply chain as it
prepares for the festive season. This will help deepen the Walmart-
owned e-commerce company’s reach to newer geographies and
consumers as well as support 'kiranas' by enhancing their income, the
company said.
Asian equity markets were mixed after downbeat Chinese inflation data
indicated towards weakness in domestic and global demand. Investors
also looked forward to global central banks’ meetings for cues on the
future monetary policy. Today (as of Sep 11), Asian markets opened
higher after a muted overnight session on Wall Street. Both Nikkei and
Hang Seng were trading up 0.47% and 0.13%, respectively (as at 8.a.m.
European markets were little changed as investors awaited the
European Central Bank’s meeting scheduled for Sep 12, 2019. Investors
are hopeful of a stimulus package from the central bank to boost the euro
zone economy.
U.S. markets remained flattish because of decline in technology shares
and a rating downgrade of an auto major. Also, uncertainty prevailed
ahead of the European Central Bank's monetary policy meet on Sep 12,
2019, and Federal Reserve meeting next week.
Markets for You
FII Derivative Trade Statistics 09-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 3009.00 2700.46 12462.55
Index Options 126627.80 125226.55 55306.50
Stock Futures 10771.57 11146.39 88633.23
Stock Options 4685.26 4571.41 3396.31
Total 145093.63 143644.81 159798.59
09-Sep Prev_Day
Put Call Ratio (OI) 1.41 1.31 0.11
Indian Debt Market
Put Call Ratio(Vol) 0.95 0.89 0.06
09-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 5.32% 5.38% 5.32% 6.34%
T-Repo 5.20% 5.25% 5.37% NA
Repo 5.40% 5.40% 5.40% 6.50%
Reverse Repo 5.15% 5.15% 5.15% 6.25%
91 Day T-Bill 5.31% 5.35% 5.35% 6.80%
364 Day T-Bill 5.62% 5.70% 5.65% 7.47%
10 Year Gilt 6.58% 6.56% 6.49% 8.03%
G-Sec Vol. (Rs.Cr) 29021 29394 52233 43177
Currency Market Update
FBIL MIBOR* 5.45% 5.45% 5.75% 6.41%
3 Month CP Rate 5.80% 5.90% 5.90% 7.65%
5 Year Corp Bond 7.47% 7.54% 7.76% 8.79%
1 Month CD Rate 5.15% 5.26% 5.45% 6.98%
3 Month CD Rate 5.69% 5.49% 6.01% 7.19%
1 Year CD Rate 6.47% 6.50% 6.64% 8.20%
Commodity Market Update
Currency 09-Sep Prev_Day
USD/INR 71.59 71.73 -0.14
GBP/INR 87.83 88.51 -0.68
EURO/INR 78.94 79.21 -0.27
International News
JPY/INR 0.67 0.67 0.00
Commodity 10-Sep Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 57.32 53.86 54.36 67.50
Brent Crude($/bl) 65.51 58.07 56.51 76.76
Gold( $/oz) 1486 1547 1497 1195
Gold(Rs./10 gm)^ 38254 39007 37270 30402
Source: Thomson Reuters Eikon
^As on Sep-09 *As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 September 2019
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Derivative Statistics- Nifty Options
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Nifty Sep 2019 Futures stood at 11,025.25, a premium of 22.20 points
above the spot closing of 11,003.05. The turnover on NSE’s Futures and
Options segment increased to Rs. 9,62,307.43 on Sep 9, 2019, compared
with Rs. 6,43,321.69 crore on Sep 6, 2019.
The Put-Call ratio stood at 0.91 compared with the previous session’s
close of 0.86.
The Nifty Put-Call ratio stood at 1.41 compared with the previous
session’s close of 1.31.
Open interest on Nifty Futures stood at 17.90 million, compared with
the previous session’s close of 18.13 million.
Bond yields eased as market participants resorted to buying notes to
capitalize on the fall in prices. Lowering anxiety over the fiscal slippage
also helped the fall in yield.
Yield on the 10-year benchmark paper (7.26% GS 2029) declined 2 bps
to 6.58% compared with the previous close of 6.60% after trading in a
range of 6.57% to 6.62%.
Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,072 crore (gross) on Sep 9, 2019 compared
with borrowings of Rs. 3,843 crore (gross) on Sep 6, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood
at Rs. 8,558 crore on Sep 6, 2019.
Banks borrowed Rs. 1,230 crore under the central bank’s Marginal
Standing Facility on Sep 6, 2019 compared with no borrowings on Sep 5,
The Indian rupee rose initially against the greenback following gains in
the domestic equity market. However, dollar demand from foreign and
private banks coupled increase in global crude oil prices neutralized most
of the gains.
The euro marginally fell against the greenback on growing possibility
that the European Central Bank might cut interest rates and restart its
asset purchase program in its monetary policy review.
Gold prices fell on hopes that trade tensions between U.S. and China
might come to an end.
Brent crude prices rose after Saudi Arabia’s energy minister opined that
a global deal to cut oil production by 1.2 million barrels per day would be
According to the U.S. Federal Reserve, consumer credit in the U.S.
increased by much more than expected in Jul 2019. The Fed said
consumer credit surged up by $23.3 billion in Jul after climbing by $13.8
billion in Jun 2019.
According to the Office for National Statistics, U.K. unemployment rate
remained at the lowest since late 1974. In three months to Jul 2019, the
ILO jobless rate remained unchanged QoQ, at 3.8%, slightly below
expectations. The employment rate came in at 76.1% in three months to
Jul, the joint-highest on record.
Figures from the Office for National Statistics showed U.K. economy
expanded in Jul 2019, largely driven by a rebound in services. Gross
domestic product expanded 0.3% in Jul after staying flat in Jun 2019.
Markets for You
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