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04 Dec 2019
Markets for You
Global Indices
Global Indices 03-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,364 1,370 -6 -0.46
Nasdaq 8,521 8,568 -47 -0.55
FTSE 7,159 7,286 -127 -1.75
Nikkei 23,380 23,530 -150 -0.64
Hang Seng 26,391 26,445 -53 -0.20
Indian Indices 03-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,675 40,802 -127 -0.31
Nifty 50 11,994 12,048 -54 -0.45
Nifty 100 12,116 12,175 -59 -0.49
Nifty 500 9,743 9,798 -55 -0.56
Nifty Bank 31,613 31,871 -258 -0.81
S&P BSE Power 1,893 1,919 -26 -1.33
S&P BSE Small Cap 13,409 13,508 -99 -0.74
S&P BSE HC 13,446 13,518 -73 -0.54
Date P/E Div. Yield P/E Div. Yield
3-Dec 28.58 1.14 27.95 1.25
Month Ago 27.33 1.15 27.47 1.26
Year Ago 23.56 1.21 26.33 1.22
Nifty 50 Top 3 Gainers
Company 03-Dec Prev_Day
% Change
#
Bajaj Auto 3260 3159 3.18
Bajaj Finserv Limited 9090 8948 1.58
TCS 2051 2021 1.48
Nifty 50 Top 3 Losers Domestic News
Company 03-Dec Prev_Day
% Change
#
Yes Bank 60 64 -7.10
Bharti Infratel 248 266 -6.42
Tata Steel 400 421 -5.04
Advance Decline Ratio
BSE NSE
Advances 836 573
Declines 1638 1264
Unchanged 200 115
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 91584
MF Flows** 50091
*3
rd
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)
7.0%
(Sep-18)
[1]
Data as on 02 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
04 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
-1448
3.15%
(Jul-19)
• Indian equity markets fell on weak global cues and cautiousness ahead of
the monetary policy meet of the Reserve Bank of India (RBI). The U.S.
President imposing tariffs on foreign steel and threatening tariffs on allies
like the European Union spooked markets across the globe. Expectations
are that the central bank will cut rates.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.31% and 0.45%
to close at 40,675.45 and 11,994.20 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.95% and 0.74% respectively.
• The overall market breadth on BSE was weak with 836 scrips advancing and
1,638 scrips declining. A total of 200 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up 1.36%
followed by S&P BSE IT, up 0.59% and S&P BSE Teck, up 0.16%. S&P BSE
Metal was the major loser, down 2.67% followed by S&P BSE Basic
Materials, down 1.94% and S&P BSE Telecom, down 1.76%.
• A major global credit rating agency has reaffirmed sovereign rating of India
at BBB- with stable outlook. The credit rating agency now expects the
Indian economy to perform better than its peer countries on the back of
strong growth over the next two years. However, the rating agency
cautioned that weakness in the real estate sector and financial sector may
adversely impact the growth prospects of the Indian economy. On a
separate note the rating agency also took note of core inflation which fell
sharply in Oct 2019 even though retail inflation surged to a 16-month high
in the same month. This indicates that consumer sentiment remains
subdued and hence the overall demand has weakened.
• According to a major global credit rating agency, the non-banking financial
segment of the country will continue to face liquidity pressures. The credit
rating agency is of the view that challenging operating environment,
increasing competition may adversely impact the profitability of the non
banking financial companies. The rating agency also added that fall in
automobile sales and slowdown in the real estate sector has affected new
loan disbursements.
• According to a major global credit rating agency, steel demand in India will
slow down on account of weak demand from the Indian manufacturing
sector and the automobile sector. However, the rating agency added that
protectionist measures such as import taxes and anti-dumping duties will
provide some protection to domestic steel producers.
• The ministry of consumer affairs has halved the stock limit of onions for
retailers to 5 tonnes of onion while that of wholesalers have been halved to
25 tonnes of onions. The objective of the move is to put a check on illegal
hoarding of onions as price of onions is going up due to short supply in the
market. On a separate note, the government has ordered immediate
import of onions from Egypt and Turkey.
• Asian equity markets were mostly down after the U.S. announced plans to
put tariffs on metal imports from Brazil and Argentina and proposed tariffs
against France in response to its new digital services tax. Also, U.S.
manufacturing data came in weak. Today (as of Dec 04), Asian markets were
lower after the U.S. President said overnight that he could delay a trade
deal with China till after the 2020 U.S. Presidential election. Both Nikkei and
Hang Seng were trading lower 1.08% and 1.42%, respectively (as at 8.a.m.
IST).
• European markets closed lower after the U.S. President said that it might
be better to wait until after the 2020 election to sign a trade deal with
China.
• U.S. markets declined on trade concerns after the U.S. President hinted that
a deal with China may be delayed till after the Presidential elections in
2020.
Markets for You
FII Derivative Trade Statistics 03-Dec
(Rs Cr) Buy Sell Open Int.
Index Futures 1755.51 2062.39 12561.18
Index Options 173817.62 174182.29 45325.78
Stock Futures 14829.85 12808.24 95923.09
Stock Options 4113.47 4028.44 2357.41
Total 194516.45 193081.36 156167.46
03-Dec Prev_Day Change
Put Call Ratio (OI) 1.31 1.44 -0.14
Put Call Ratio(Vol) 0.93 1.01 -0.08
03-Dec Wk. Ago Mth. Ago Year Ago
Call Rate 5.05% 5.04% 5.07% 6.33%
T-Repo 4.72% 4.98% 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 4.85% 4.97% 5.01% 6.70%
364 Day T-Bill 5.10% 5.14% 5.24% 7.19%
10 Year Gilt 6.47% 6.48% 6.45% 7.63%
G-Sec Vol. (Rs.Cr) 30179 27127 51700 40281
FBIL MIBOR
[1]
5.20% 5.25% 5.25% 6.50%
3 Month CP Rate 5.25% 5.45% 5.45% 7.75%
5 Year Corp Bond 7.45% 7.53% 7.43% 8.53%
1 Month CD Rate 4.86% 5.11% 4.91% 6.69%
3 Month CD Rate 5.13% 5.23% 5.38% 7.27%
1 Year CD Rate 5.80% 5.93% 5.56% 8.48%
Currency 03-Dec Prev_Day Change
USD/INR 71.60 71.72 -0.12
GBP/INR 92.66 92.65 0.01
EURO/INR 79.29 79.02 0.27
JPY/INR 0.66 0.65 0.00
Commodity 03-Dec Wk Ago Mth. Ago Year Ago
NYMEX Crude($/bl
)
56.10 58.20 55.99 52.93
Brent Crude($/bl) 64.79 66.29 60.36 60.01
Gold( $/oz) 1477 1461 1514 1231
Gold(Rs./10 gm) 38062 37799 38703 30664
Source: Thomson Reuters Eikon
[1]
Data as on 02 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
04 December 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
• Nifty Dec 2019 Futures stood at 12,046.45, a premium of 52.25 points
above the spot closing of 11,994.20. The turnover on NSE’s Futures and
Options segment rose to Rs. 9,78,982.48 crore on December 03, 2019,
compared with Rs. 8,16,662.27 crore on December 02, 2019.
• The Put-Call ratio remained unchanged compared with the previous
session’s close of 1.
• The Nifty Put-Call ratio stood at 1.31 compared with the previous session’s
close of 1.44.
• Open interest on Nifty Futures stood at 14.16 million, compared with the
previous session’s close of 14.07 million.
• Bond yields eased as investors added position in anticipation of policy rate
cut by the Monetary Policy Committee in the policy review meeting.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) decreased 2
bps to close at 6.47% compared with the previous close of 6.49% after
trading in a range of 6.46% to 6.50%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,577 crore (gross) on Dec 3, 2019 compared with
borrowings of Rs. 3,577 crore (gross) on Dec 2, 2019. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 18,466
crore on Dec 2, 2019.
• Banks borrowed Rs. 5,352 crore under the central bank’s Marginal Standing
Facility on Dec 2, 2019 compared with borrowings of Rs. 3,212 crore on Nov
29, 2019.
• The Indian rupee inched down against the greenback after the U.S.
President hinted at the possibility of a delay in trade deal with China. The
rupee closed at 71.67 a dollar, down 0.02% compared with the previous
close 71.65.
• The euro was almost steady against the greenback after the U.S. President
opined that a trade deal with China may come after the 2020 U.S.
presidential elections
• Gold prices surged after the U.S. President opined that talks with China
could go on until after the presidential elections in Nov 2020.
• Brent crude prices fell after the U.S. President indicated that a trade deal
with China may be delayed.
• Data from IHS Markit and the Chartered Institute of Procurement & Supply
showed U.K. construction sector continued to contract in Nov 2019. The
construction Purchasing Managers' Index rose more than expected to 45.3
in Nov from 44.2 in Oct 2019.
• Data from Eurostat showed euro zone producer prices declined 1.9% YoY in
Oct following a 1.2% drop in Sep 2019. Prices fell for the third straight
month and this was the biggest decrease since July 2016, when prices
declined 2.4%.
• Data published by the British Retail Consortium and KPMG showed U.K. like-
for-like sales declined ahead of festive season in Nov 2019. Like-for-like
retail sales decreased 4.9% YoY in Nov. Total sales fell 4.4% from last year.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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