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06 Dec 2019
Markets for You
Global Indices
Global Indices 05-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,372 1,371 1 0.10
Nasdaq 8,571 8,567 4 0.05
FTSE 7,138 7,189 -51 -0.70
Nikkei 23,300 23,135 165 0.71
Hang Seng 26,217 26,063 154 0.59
Indian Indices 05-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,780 40,850 -71 -0.17
Nifty 50 12,018 12,043 -25 -0.21
Nifty 100 12,127 12,161 -34 -0.28
Nifty 500 9,758 9,782 -25 -0.25
Nifty Bank 31,713 31,979 -266 -0.83
S&P BSE Power 1,887 1,899 -12 -0.62
S&P BSE Small Cap 13,455 13,453 2 0.02
S&P BSE HC 13,472 13,561 -89 -0.65
Date P/E Div. Yield P/E Div. Yield
5-Dec 28.74 1.13 28.01 1.24
Month Ago 27.60 1.15 27.59 1.25
Year Ago 23.48 1.21 26.09 1.23
Nifty 50 Top 3 Gainers
Company 05-Dec Prev_Day
% Change
#
Zee Ente. 300 281 6.65
TCS 2121 2079 2.06
ITC 247 243 1.56
Nifty 50 Top 3 Losers Domestic News
Company 05-Dec Prev_Day
% Change
#
HCL Tech 561 1126 -50.16
JSW Steel 251 260 -3.21
Coal India 196 203 -3.13
Advance Decline Ratio
BSE NSE
Advances 1118 791
Declines 1367 1033
Unchanged 188 133
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 91676
MF Flows** 52179
*5
th
Dec 2019; **3
rd
Dec 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)
7.00%
(Sep-18)
[1]
Data as on 04 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
06 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
809
195
3.15%
(Jul-19)
• Indian equity markets fell as the Reserve Bank of India (RBI) maintained
interest rate status quo at its policy meet. Investors were expecting the
central bank to cut rates by a minimum 25 basis points. RBI continued with
its accommodative stance while cutting fiscal year 2019-20 growth forecast
to 5% from 6.1%.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.17% and 0.21%
to close at 40,779.59 and 12,018.40 respectively. S&P BSE MidCap lost
0.32% and S&P BSE SmallCap gained 0.02%.
• The overall market breadth on BSE was weak with 1,118 scrips advancing
and 1,367 scrips declining. A total of 188 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 1.03%
followed by S&P BSE Consumer Durables, up 0.69% and S&P BSE Teck, up
0.65%. S&P BSE Telecom was the major loser, down 2.61% followed by S&P
BSE Metal, down 2.39% and S&P BSE Basic Materials, down 1.17%.
• The Monetary Policy Committee (MPC) kept key policy repo rate unchanged
in its fifth bi-monthly monetary policy review. The policy repo rate thus
presently stands at 5.15%. The reverse repo rate remains unchanged at
4.90% while the marginal standing facility rate and the bank rate remains at
5.40%. However, the MPC decided to continue with its accommodative
stance on the monetary policy as long as it is necessary to revive growth,
while ensuring that inflation remains within its medium-term target. All
members of the MPC voted in favour of the decision.
• MPC decided to maintain status quo on its monetary policy in order to
carefully monitor the incoming data and at the same time have some clarity
on the inflation outlook of the country.
• MPC is of the view that retail inflation will go up in the near term. However,
it expects inflation to moderate and come below its medium-term target by
Q2FY21. According to the MPC, increase in vegetable prices and volatility in
global financial markets are some of the factors that may lead to an
increase in retail inflation. As a result, MPC raised its retail inflation
projection to a range of 4.7% to 5.1% for H2FY20 from its earlier projection
of 3.5% to 3.7%. Retail inflation for H1FY21 is projected at 3.8% to 4.0%
compared to the earlier projection of 3.6% for Q1FY21.
• MPC warned that slowdown in global economic activity and geopolitical
tensions may adversely impact the growth prospects of the Indian
economy. MPC thus downgraded the real GDP growth projections of the
Indian economy to 5.0% for FY20 from its earlier projection of 6.1%. The
real GDP growth projection for H2FY20 was also downgraded to a range of
4.9% to 5.5% from its earlier projection of 6.6% to 7.2%. MPC projected the
real GDP growth for H1FY21 at 5.9% to 6.3% as compared to its earlier
projection of 7.2% for Q1FY21. However, the measures taken by the
government over the past few months is expected to improve sentiment
and improve domestic demand moving ahead.
• Asian equity markets gained after a news report showed U.S. and Chinese
negotiators are closer to a mutual understanding on the quantum of tariffs
to be rolled back in a phase one trade deal. The U.S. President said talks
with China were going "very well." Today (as of Dec 06), Asian markets
opened higher ahead of the release of U.S. nonfarm payrolls data for Nov
2019 later in the day. Both Nikkei and Hang Seng were trading up 0.30%
and 0.68%, respectively (as at 8.a.m. IST).
• European markets closed lower as investors digested the release of U.S.
economic data and an OPEC meeting. Markets also gauged U.S.-China trade
developments for future cues.
• U.S. markets were up a tad as investors took stock of strong employment
data while monitoring the latest developments in U.S.-China trade
negotiations.
Markets for You
FII Derivative Trade Statistics 05-Dec
(Rs Cr) Buy Sell Open Int.
Index Futures 2592.25 3328.38 13115.40
Index Options 390665.97 391156.29 46370.65
Stock Futures 12755.73 12362.53 95547.44
Stock Options 4569.01 4524.38 2792.57
Total 410582.96 411371.58 157826.06
05-Dec Prev_Day Change
Put Call Ratio (OI) 1.35 1.44 -0.09
Put Call Ratio(Vol) 0.97 0.90 0.07
05-Dec Wk. Ago Mth. Ago Year Ago
Call Rate 5.03% 5.03% 5.04% 6.36%
T-Repo 4.76% 4.99% 4.89% 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 5.04% 4.98% 5.02% 6.71%
364 Day T-Bill 5.05% 5.12% 5.24% 7.15%
10 Year Gilt 6.61% 6.46% 6.52% 7.44%
G-Sec Vol. (Rs.Cr) 66858 48014 30893 85464
FBIL MIBOR
[1]
5.19% 5.15% 5.25% 6.51%
3 Month CP Rate 5.50% 5.42% 5.45% 7.55%
5 Year Corp Bond 7.57% 7.45% 7.43% 8.35%
1 Month CD Rate 4.92% 5.12% 5.32% 6.67%
3 Month CD Rate 5.30% 5.17% 5.39% 7.29%
1 Year CD Rate 5.82% 5.90% 5.94% 8.25%
Currency 05-Dec Prev_Day Change
USD/INR 71.55 71.78 -0.23
GBP/INR 93.81 93.27 0.54
EURO/INR 79.29 79.50 -0.21
JPY/INR 0.66 0.66 0.00
Commodity 05-Dec Wk Ago Mth. Ago Year Ago
NYMEX Crude($/bl
)
58.37 58.07 56.99 52.59
Brent Crude($/bl) 67.51 66.29 62.86 61.42
Gold( $/oz) 1476 1458 1484 1237
Gold(Rs./10 gm) 38042 37771 38565 30855
Source: Thomson Reuters Eikon
[1]
Data as on 04 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
06 December 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
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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 Nippon
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
• Nifty Dec 2019 Futures stood at 12,047.70, a premium of 29.30 points
above the spot closing of 12,018.40. The turnover on NSE’s Futures and
Options segment rose to Rs. 30,97,946.67 crore on December 05, 2019,
compared with Rs. 18,09,044.99 crore on December 04, 2019.
• The Put-Call ratio stood at 0.82 compared with the previous session’s close
of 0.93.
• The Nifty Put-Call ratio stood at 1.35 compared with the previous session’s
close of 1.44.
• Open interest on Nifty Futures stood at 13.68 million, compared with the
previous session’s close of 14.17 million.
• Bond yields saw a steep surge following the Monetary Policy Committee’s
decision of no change in the key policy rate. This weighed on the market
sentiment as investors were expecting a rate cut of 25 bps.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 14 bps to
close at 6.61% compared with the previous close of 6.47% after trading in a
range of 6.46% to 6.62%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,577 crore (gross) on Dec 5, 2019 compared with
borrowings of Rs. 3,482 crore (gross) on Dec 4, 2019. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 18,088
crore on Dec 4, 2019.
• Banks borrowed Rs. 3,950 crore under the central bank’s Marginal Standing
Facility on Dec 4, 2019 compared with borrowings of Rs. 6,310 crore on Dec
3, 2019.
• The Indian rupee in spot trade rose against the greenback on corporate
dollar inflows. However, decision by the MPC to keep key policy repo rate
unchanged capped amid concerns of an economic slowdown capped the
gains.
• The euro rose against the U.S. dollar as the latter weakened on concerns of
a slowdown in the U.S. economy following a recent slew of weaker-than-
expected U.S. economic data.
• Gold prices rose amid doubts over the possibility of a trade deal between
U.S. and China.
• Brent crude prices rose on reports of a larger-than-expected 500,000 barrel
a day production cut by OPEC+ for the first quarter of 2020.
• A Labor Department report showed first-time claims for U.S. unemployment
benefits in the week ended Nov 30, 2019, slipped to 203,000, a decrease of
10,000 from the previous week's 213,000.
• A Commerce Department report showed U.S. trade deficit narrowed in Oct
2019 to $47.2 billion from $51.1 billion in Sep 2019.
• Federal Statistical Office data showed Germany's manufacturing new orders
fell 0.4% MoM following a 1.5% increase in Sep 2019.
• Data from Eurostat showed euro zone retail sales declined for the second
straight month in Oct 2019. Retail sales decreased 0.6% MoM, bigger than
the 0.2% fall in Sep 2019. This was the second consecutive decrease in sales.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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