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03 Dec 2019
Markets for You
Global Indices
Global Indices 02-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,370 1,386 -16 -1.15
Nasdaq 8,568 8,665 -97 -1.13
FTSE 7,286 7,347 -61 -0.82
Nikkei 23,530 23,294 236 1.01
Hang Seng 26,445 26,346 98 0.37
Indian Indices 02-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,802 40,794 8 0.02
Nifty 50 12,048 12,056 -8 -0.07
Nifty 100 12,175 12,183 -7 -0.06
Nifty 500 9,798 9,814 -16 -0.16
Nifty Bank 31,871 31,946 -75 -0.23
S&P BSE Power 1,919 1,925 -6 -0.31
S&P BSE Small Cap
13,508 13,561 -52 -0.39
S&P BSE HC 13,518 13,603 -85 -0.62
Date P/E Div. Yield P/E Div. Yield
2-Dec 28.61 1.13 28.08 1.24
Month Ago 27.33 1.15 27.47 1.26
Year Ago 23.90 1.19 26.31 1.22
Nifty 50 Top 3 Gainers
Company 02-Dec Prev_Day
% Change
#
Bharti Airtel 459 442 3.65
JSW Steel 268 262 2.58
Grasim Indus 807 787 2.57
Nifty 50 Top 3 Losers Domestic News
Company 02-Dec Prev_Day
% Change
#
Yes Bank 64 68 -6.22
Eicher Motors 21713 22881 -5.11
Bharti Infratel 266 276 -3.91
Advance Decline Ratio
BSE NSE
Advances 1024 711
Declines 1532 1134
Unchanged 186 126
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 93031
MF Flows** 50091
*2
nd
Dec 2019; **28
th
Nov 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
4.62%
(Oct-19)
3.38%
(Oct-18)
IIP
-4.30%
(Sep-19)
4.60%
(Sep-18)
GDP
4.50%
(Sep-19)
6.60%
(Sep-18)
[1]
Data as on 29 Nov 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 December 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
1.30%
(Jun-19)
5.00%
(Jun-19)
Quarter Ago
Inflow/Outflow
-123
-751
3.15%
(Jul-19)
• Indian equity markets were little changed in a volatile session. GDP data
released after market hours on Nov 29, 2019, showed the Indian economy’s
growth slowed to 4.5% in the second quarter. Investors are looking forward
to the Reserve Bank of India’s policy meet later in the week with
expectations of a further rate cut.
• Key benchmark indices S&P BSE Sensex gained 0.02% and Nifty 50 lost
0.07% to close at 40,802.17 and 12,048.20 respectively. S&P BSE MidCap
and S&P BSE SmallCap lost 0.77% and 0.39% respectively.
• The overall market breadth on BSE was weak with 1,024 scrips advancing
and 1,532 scrips declining. A total of 186 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
2.64% followed by S&P BSE Energy, up 1.28% and S&P BSE Metal, up 0.31%.
S&P BSE Auto was the major loser, down 0.94% followed by S&P BSE IT,
down 0.85% and S&P BSE Healthcare, down 0.62%.
• Nikkei India Manufacturing Purchasing Managers' Index (PMI) rose to 51.2
in Nov 2019 from 50.6 in Oct 2019. Growth was supported by new products
launch and better demand. Though new orders and output rose at a
modest pace, companies cut jobs for the first time in 20 months and
reduced input buying. It remained above the 50-mark threshold that
separates contraction from expansion.
• According to a private report, India's growth is expected to remain subdued
in near future. The reason cited by the report is that the slowdown in the
economy has deepened and could remain extended for a longer duration
than previously anticipated.
• A major domestic credit rating agency has cut its growth forecast for the
country for FY20 to 5.1% from an earlier estimate of 6.3%. This comes
ahead of Reserve Bank of India’s announcement on lending rates on Dec 5,
2019.
• The Comptroller and Auditor General (CAG) has said in a report that the
Railways has recorded an operating ratio of 98.44% in 2017-18, which is the
worst in the previous 10 years. Operating ratio is a measure of expenditure
against revenue, it shows how efficiently the railway is operating and how
healthy its finances are. An operating ratio of 98.44% means that the
Railways spent Rs. 98.44 to earn Rs. 100.
• Asian equity markets gained as expectations of an economic recovery in
Japan and China helped overshadow concerns that U.S. support for Hong
Kong may derail the U.S.-China trade talks. Today (as of Dec 3), Asian
markets were lower after the U.S. President’s comments overnight raised
concerns over trade dealings. Both Nikkei and Hang Seng were trading
down 1.11% and 1.24%, respectively (as at 8.a.m. IST).
• European markets closed lower after the U.S. President said that he would
reinstate duties on steel and aluminum from Brazil and Argentina. He
accused both the countries of devaluing their currencies and hurting
American farmers.
• U.S. markets declined as investors took stock of disappointing
manufacturing data and the latest trade developments. The U.S. President
said China still wants to make a deal on trade, “but we’ll see what happens.
Markets for You
FII Derivative Trade Statistics
02-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 1945.84 3948.25 12376.46
Index Options 152148.43 150645.88 43878.47
Stock Futures 12436.29 12245.08 98029.55
Stock Options 4401.01 4330.20 1961.91
Total 170931.57 171169.41 156246.39
02-Dec Prev_Day
Change
Put Call Ratio (OI) 1.44 1.54 -0.09
Put Call Ratio(Vol) 1.01 1.03 -0.02
02-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 4.99% 5.04% 5.07% 6.41%
T-Repo 4.78% 5.00% 4.84% 6.30%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 4.88% 4.97% 5.01% 6.77%
364 Day T-Bill 5.09% 5.12% 5.24% 7.19%
10 Year Gilt 6.49% 6.47% 6.45% 7.61%
G-Sec Vol. (Rs.Cr) 29517 30325 51700 38079
FBIL MIBOR*
[1]
5.25% 5.25% 5.25% 6.55%
3 Month CP Rate 5.30% 5.45% 5.45% 7.75%
5 Year Corp Bond 7.45% 7.44% 7.43% 8.43%
1 Month CD Rate 4.91% 5.17% 4.91% 6.65%
3 Month CD Rate 5.01% 5.17% 5.38% 7.24%
1 Year CD Rate 5.77% 5.94% 5.56% 8.48%
Currency 02-Dec Prev_Day
Change
USD/INR 71.72 71.73 0.00
GBP/INR 92.65 92.66 -0.01
EURO/INR 79.02 78.98 0.05
JPY/INR 0.65 0.66 0.00
Commodity 02-Dec Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
55.92 57.74 55.99 50.73
Brent Crude($/bl) 65.04 66.26 60.36 57.55
Gold( $/oz) 1462 1455 1514 1222
Gold(Rs./10 gm) 37795 37862 38703 30240
Source: Thomson Reuters Eikon *As on previous trading day
[1]
Data as on 29 Nov 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since Reliance
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
03 December 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Dec 2019 Futures stood at 12,091.45, a premium of 43.25 points
above the spot closing of 12,048.20. The turnover on NSE’s Futures and
Options segment rose to Rs. 8,16,662.27 crore on December 02, 2019,
compared with Rs. 7,78,769.84 crore on November 29, 2019.
• The Put-Call ratio stood at 1 compared with the previous session’s close of
0.99.
• The Nifty Put-Call ratio stood at 1.44 compared with the previous session’s
close of 1.54.
• Open interest on Nifty Futures stood at 14.07 million, compared with the
previous session’s close of 14.18 million.
• Bond yields continued to rise as market participants resorted to profit
booking following lower than expected economic growth numbers. The
country’s GDP came in at 4.5% for the Jul-Sep quarter against median
forecast of 4.7%, thus dampening market sentiments.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) increased 2 bps
to close at 6.49% compared with the previous close of 6.47% after trading
in a range of 6.45% to 6.50%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,577 crore (gross) on Dec 2, 2019 compared with
borrowings of Rs. 3,522 crore (gross) on Nov 29, 2019. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 20,484
crore on Nov 29, 2019.
• Banks borrowed Rs. 3,212 crore under the central bank’s Marginal Standing
Facility on Nov 29, 2019 compared with borrowings of Rs. 3,330 crore on
Nov 28, 2019.
• The Indian rupee rose against the greenback following selling of the
greenback by foreign banks. However, uncertainty over the possibility of a
trade deal between U.S. and China capped the gains. The rupee closed at
71.65 a dollar, up 0.13% compared with the previous close 71.74.
• The euro rose against the greenback after the U.S. manufacturing sector
weakened further in Nov 2019.
• Gold prices fell following better-than-expected manufacturing data from
China for Nov 2019.
• Brent crude prices fell after the U.S. President unexpectedly announced
plans to reimpose tariffs on steel and aluminum from Argentina and Brazil.
• An Institute for Supply Management report showed U.S. manufacturing
activity contracted for the fourth straight month in Nov 2019 with the
purchasing managers index edging down to 48.1 from 48.3 in Oct 2019.
• Survey data from the IHS Markit showed China's manufacturing activity
expanded at a moderate pace in Nov 2019, the strongest growth since Dec
2016. The Caixin manufacturing Purchasing Managers' Index rose slightly to
51.8 from 51.7 in Oct 2019.
• According to final data from IHS Markit and Chartered Institute of
Procurement & Supply, the U.K. headline factory Purchasing Managers'
Index fell to 48.9 in Nov 2019 from 49.6 in Oct 2019.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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