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11 Dec 2019
Markets for You
Global Indices
Global Indices 10-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,377 1,379 -2 -0.11
Nasdaq 8,616 8,622 -6 -0.07
FTSE 7,214 7,234 -20 -0.28
Nikkei 23,410 23,431 -21 -0.09
Hang Seng 26,437 26,495 -58 -0.22
Indian Indices 10-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,240 40,487 -248 -0.61
Nifty 50 11,857 11,938 -81 -0.68
Nifty 100 11,946 12,033 -88 -0.73
Nifty 500 9,595 9,671 -76 -0.79
Nifty Bank 31,160 31,317 -156 -0.50
S&P BSE Power 1,837 1,872 -34 -1.83
S&P BSE Small Cap 13,145 13,280 -135 -1.02
S&P BSE HC 13,220 13,322 -102 -0.77
Date P/E Div. Yield P/E Div. Yield
10-Dec 28.38 1.14 27.63 1.26
Month Ago 27.59 1.15 27.51 1.25
Year Ago 22.86 1.24 25.37 1.27
Nifty 50 Top 3 Gainers
Company 10-Dec Prev_Day
% Change
#
Eicher Motors 21259 20997 1.25
Cipla 453 448 1.15
Bajaj Finance 3987 3945 1.06
Nifty 50 Top 3 Losers Domestic News
Company 10-Dec Prev_Day
% Change
#
Yes Bank 51 56 -10.13
Zee Ente. 271 284 -4.65
GAIL 111 116 -4.43
Advance Decline Ratio
BSE NSE
Advances 791 500
Declines 1748 1357
Unchanged 166 101
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 92773
MF Flows** 52179
*10
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 09 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 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
733
3.15%
(Jul-19)
• Indian equity markets fell as investors took a cautious stance ahead of the
release of key economic domestic and global data. A weak rupee and
continuously falling auto sales kept the markets under pressure.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.61% and 0.68%
to close at 40,239.88 and 11,856.80 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 1.11% and 1.02% respectively.
• The overall market breadth on BSE was weak with 791 scrips advancing and
1,748 scrips declining. A total of 166 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Utilities was the major
loser, down 2.16%, followed by S&P BSE Power and S&P BSE Oil & Gas,
down 1.83% and 1.73%, respectively. S&P BSE Metal and S&P BSE Basic
Materials lost 1.38% and 1.27% respectively.
• Society of Indian Automobile Manufacturers (SIAM) data showed domestic
car sales in Nov 2019 declined 10.83% to 1,60,306 units compared with
1,79,783 units in Nov 2018, media reports said. Motorcycle sales, too, went
down 14.87% to 8,93,538 units against 10,49,651 units sold in the same
period last year. Sales of commercial vehicles also dropped 14.98% to
61,907 units, as per the SIAM report. Production of passenger vehicles rose
4.06% but overall domestic auto sales declined by over 12%.
• The Reserve Bank of India (RBI) has requested the government to reduce
interest rates on small savings schemes such as public provident fund (PPF)
and post office deposits. This will help banks cut rates on deposits and loans
and lead to better transmission of RBI’s rate cuts. Small savings schemes’
rates were left unchanged by the government at the end of Sep 2019. The
central bank believes that a cut in rates on the small savings schemes will
help banks to cut deposit rates.
• Minister of State for Finance has dismissed reports that the government is
set to withdraw Rs. 2000 denomination note, media reports showed. The
minister said there is misconception among people that Rs. 1000
denomination note will be introduced again to replace Rs. 2000
denomination note.
• Media reports showed the government plans to take steps to boost exports,
including to emerging markets through preferential and free trade
agreements. Union minister said efforts are being undertaken to increase
exports to emerging markets of Africa, Latin America through PTAs/FTAs
(preferential/free trade agreements). Based on feedback from Engineering
Export Promotion Council India, non-tariff barriers for engineering sector
have been identified.
• Asian equity markets remained subdued as investors stayed away from
making big bets ahead of key central bank meetings and the nearing
deadline of Dec 15 for additional U.S. tariffs on Chinese imports. Today (as
of Dec 11), Asian markets opened almost higher as investors looked forward
to the U.S. Federal Reserve’s policy meet, scheduled later in the day.
However, Nikkei and Hang Seng were trading down 0.26% and 0.10%,
respectively (as at 8.a.m. IST).
• European markets closed lower as impending central bank meetings and
approaching tariff deadline kept investors under pressure. Also, markets
looked forward to U.K. elections, scheduled during the week.
• U.S. markets lost as investors became cautious of the nearing tariffs
deadline of Dec 15, 2019. U.S. and China haven’t yet reached any kind of
agreement that may stop the further raising of tariffs.
Markets for You
FII Derivative Trade Statistics 10-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 2214.58 2199.28 13126.06
Index Options 214062.00 213378.95 47195.38
Stock Futures 11223.66 10556.40 93989.67
Stock Options 3887.30 3863.64 3359.91
Total 231387.54 229998.27 157671.02
10-Dec Prev_Day
Change
Put Call Ratio (OI) 1.17 1.32 -0.15
Put Call Ratio(Vol) 0.88 0.92 -0.04
10-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 5.00% 5.05% 5.02% 6.42%
T-Repo 4.75% 4.72% 5.00% 6.30%
Repo 4.85% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.00% 4.85% 5.06% 6.67%
364 Day T-Bill 5.18% 5.10% 5.30% 7.06%
10 Year Gilt 6.71% 6.47% 6.56% 7.59%
G-Sec Vol. (Rs.Cr) 38431 30179 32461 34033
FBIL MIBOR
[1]
5.20% 5.24% 5.14% 6.50%
3 Month CP Rate 5.40% 5.25% 5.60% 7.35%
5 Year Corp Bond 7.67% 7.44% 7.46% 8.48%
1 Month CD Rate 4.97% 4.86% 5.51% 7.01%
3 Month CD Rate 5.12% 5.13% 5.29% 7.12%
1 Year CD Rate 5.86% 5.80% 5.78% 8.24%
Currency 10-Dec Prev_Day
Change
USD/INR 70.90 71.16 -0.27
GBP/INR 93.27 93.75 -0.47
EURO/INR 78.46 78.72 -0.26
JPY/INR 0.65 0.66 0.00
Commodity 10-Dec Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
59.17 56.10 56.97 51.02
Brent Crude($/bl) 68.41 64.79 62.29 60.31
Gold( $/oz) 1464 1477 1458 1245
Gold(Rs./10 gm) 37590 38062 37919 31423
Source: Thomson Reuters Eikon
[1]
Data as on 09 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 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 11,898.20, a premium of 41.40 points above
the spot closing of 11,856.80. The turnover on NSE’s Futures and Options
segment fell to Rs. 9,83,279.01 crore on December 10, 2019, compared with
Rs. 9,91,452.25 crore on December 09, 2019.
• The Put-Call ratio stood at 0.94 compared with the previous session’s close
of 0.92.
• The Nifty Put-Call ratio stood at 1.17 compared with the previous session’s
close of 1.32.
• Open interest on Nifty Futures stood at 14.05 million, compared with the
previous session’s close of 13.91 million.
• Bond yields rose amid worries over a fiscal slippage and the government’s
plan for additional borrowing. Besides, speculations that the inflation would
escalate further dampened the market sentiment.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 4 bps to
close at 6.71% compared with the previous close of 6.67% after trading in a
range of 6.65% to 6.73%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,272 crore (gross) on Dec 10, 2019 compared with
borrowings of Rs. 3,527 crore (gross) on Dec 9, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 12,678 crore
on Dec 9, 2019.
• Banks borrowed Rs. 3,251 crore under the central bank’s Marginal Standing
Facility on Dec 9, 2019 compared with borrowings of Rs. 3,838 crore on Dec
6, 2019.
• The Indian rupee in spot trade rose against the U.S. dollar following selling of
the greenback by foreign banks. However, losses in the domestic equity
market capped the gains. The rupee closed at 70.92 a dollar, up 0.17%
compared with the previous close 71.04.
• The euro rose against the greenback after Germany’s ZEW indicator of
economic sentiment rose higher than expected in Dec 2019.
• Gold prices rose as doubts over a phase-one deal between U.S. and China
persisted.
• Brent crude prices rose amid reports that that both U.S. and China are
planning to delay the tariffs set to take effect from Dec 15.
• Revised data released by the Labor Department showed U.S. labor
productivity dipped by slightly less than originally estimated in the third
quarter. The report said labor productivity edged down 0.2% in the third
quarter compared with the previously reported 0.3% drop.
• Survey data from the market research group Kantar showed U.K.
supermarket sales growth slowed further in the 12 weeks to Dec 1, 2019, as
consumers delay their Christmas shopping. Supermarket sales rose only 0.5%
YoY.
• Data from the Office for National Statistics showed the U.K. economy
stagnated in Oct 2019 as Brexit uncertainties and upcoming election
weighed on most of the sectors. Gross domestic product remained
unchanged in Oct from Sep, when it was down 0.1%.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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