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12 Dec 2019
Markets for You
Global Indices
Global Indices 11-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,383 1,377 5 0.37
Nasdaq 8,654 8,616 38 0.44
FTSE 7,216 7,214 2 0.03
Nikkei 23,392 23,410 -18 -0.08
Hang Seng 26,645 26,437 209 0.79
Indian Indices 11-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,413 40,240 173 0.43
Nifty 50 11,910 11,857 53 0.45
Nifty 100 12,000 11,946 54 0.45
Nifty 500 9,636 9,595 41 0.43
Nifty Bank 31,257 31,160 96 0.31
S&P BSE Power 1,858 1,837 21 1.12
S&P BSE Small Cap 13,147 13,145 1 0.01
S&P BSE HC 13,279 13,220 59 0.44
Date P/E Div. Yield P/E Div. Yield
11-Dec 28.42 1.14 27.76 1.25
Month Ago 26.56 1.15 27.52 1.25
Year Ago 22.83 1.25 25.52 1.26
Nifty 50 Top 3 Gainers
Company 11-Dec Prev_Day
% Change
#
GAIL 117 111 5.63
Zee Ente. 283 271 4.61
NTPC 113 110 2.73
Nifty 50 Top 3 Losers Domestic News
Company 11-Dec Prev_Day
% Change
#
Yes Bank 43 51 -15.33
Vedanta Limited 139 141 -1.67
Hero Moto 2296 2330 -1.45
Advance Decline Ratio
BSE NSE
Advances 970 696
Declines 1510 1123
Unchanged 192 117
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 92591
MF Flows** 52179
*11
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 10 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
12 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
-182
3.15%
(Jul-19)
• Indian equity markets rebounded as investors looked forward to the U.S.
Reserve’s policy meet later in the day. Also, key domestic economic data
will come out in the week and expectations are of upbeat reports.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.43% and
0.45% to close at 40,412.57 and 11,910.15 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.52% and 0.01% respectively.
• The overall market breadth on BSE was weak with 970 scrips advancing and
1,510 scrips declining. A total of 192 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Utilities was the major gainer, up 1.52%
followed by S&P BSE Oil & Gas, up 1.13% and S&P BSE Power, up 1.12%.
S&P BSE Capital Goods was the major loser, down 0.83% followed by S&P
BSE Telecom, down 0.81% and S&P BSE Basic Materials, down 0.31%.
• Media reports showed the Asian Development Bank (ADB) has cut its
forecast for India's economic growth in FY20 to 5.1%. The bank said
consumption was impacted by slow job growth and rural distress made
worse by poor harvest. In Sep 2019, ADB forecast India's GDP to grow 6.5%
in FY20 and 7.2% in FY21.
• According to media reports, the goods and services tax (GST) rates and
slabs could be raised at the GST Council meeting next week. This comes in
the wake of pressure on revenue collection. The GST Council, headed by
the Finance Minister, is set to meet on Dec 18, 2019, with the backdrop of
lower than expected GST collection and pending compensation to states.
There are four slabs under the GST regime -- 5%, 12%, 18% and 28%.
• Government said the Data Protection Bill, 2019, will "safeguard" the rights
of Indians and data will not be taken without their consent. Union
Electronics and IT Minister introduced the Bill in the Parliament that will
empower the government to ask companies for anonymised personal and
non-personal data.
• The government has drawn a roadmap to get the country to enter the top
50 countries in the World Bank’s Ease of Doing Business rankings, media
reports showed. The Prime Minister has been brainstorming with ministries
on the matter. The government has worked out a strategy to focus on
Kolkata and Bangalore, the cities that will be reviewed by the World Bank
afteritexpandedthescopeoftheannualexercisetocoverfourIndian
cities. Discussions have been carried out with West Bengal and Karnataka
governments, who have offered full cooperation.
• Asian equity markets were mostly higher as media reports suggested that
the U.S. and Chinese trade negotiators are working towards delay of a fresh
round of tariffs set to start on Dec 15, 2019. Investors also looked forward
to key central bank meetings and the U.K. general election. Today (as of
Dec 12), Asian markets opened higher as the U.S. Federal Reserve hinted
that it will not raise rates in 2020. Both Nikkei and Hang Seng were trading
up 0.23% and 1.26%, respectively (as at 8.a.m. IST).
• European markets ended higher as investors looked forward to the U.S.
Federal Reserve’s policy meet, wherein the central bank is widely expected
to keep rates unchanged. Markets also monitored developments on the
U.S.-China trade front.
• U.S. markets inched up on U.S. Federal Reserve’s decision to maintain status
quo in interest rates. Also, the central bank signalled rates are going to stay
like this for a while.
Markets for You
FII Derivative Trade Statistics 11-Dec
(Rs Cr) Buy Sell Open Int.
Index Futures 2070.12 2212.11 13506.58
Index Options 206547.76 206302.38 49385.88
Stock Futures 9789.37 10328.05 93061.71
Stock Options 3403.70 3417.74 3546.93
Total 221810.95 222260.28 159501.10
11-Dec Prev_Day Change
Put Call Ratio (OI) 1.21 1.17 0.03
Put Call Ratio(Vol) 0.84 0.88 -0.04
11-Dec Wk. Ago Mth. Ago Year Ago
Call Rate 5.00% 5.02% 5.06% 6.48%
T-Repo 4.58% 4.73% 4.99% 6.55%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 4.98% 4.90% 5.03% 6.67%
364 Day T-Bill 5.19% 5.08% 5.21% 7.07%
10 Year Gilt 6.77% 6.47% 6.57% 7.53%
G-Sec Vol. (Rs.Cr) 31334 39049 17969 73572
FBIL MIBOR
[1]
5.19% 5.19% 5.25% 6.54%
3 Month CP Rate 5.40% 5.25% 5.55% 7.40%
5 Year Corp Bond 7.77% 7.39% 7.48% 8.45%
1 Month CD Rate 4.86% 4.84% 5.10% 7.10%
3 Month CD Rate 5.09% 5.01% 5.29% 7.19%
1 Year CD Rate 5.90% 5.76% 5.77% 8.37%
Currency 11-Dec Prev_Day Change
USD/INR 70.87 70.90 -0.03
GBP/INR 93.10 93.27 -0.17
EURO/INR 78.58 78.46 0.12
JPY/INR 0.65 0.65 0.00
Commodity 11-Dec Wk Ago Mth. Ago Year Ago
NYMEX Crude($/b
l
58.69 58.41 56.56 51.60
Brent Crude($/bl) 67.21 67.09 62.62 59.75
Gold( $/oz) 1475 1474 1456 1243
Gold(Rs./10 gm) 37631 38162 37993 31616
Source: Thomson Reuters Eikon
[1]
Data as on 10 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
12 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 11,938.15, a premium of 28.00 points
above the spot closing of 11,910.15. The turnover on NSE’s Futures and
Options segment rose to Rs. 13,31,137.91 crore on December 11, 2019,
compared with Rs. 9,83,279.01 crore on December10, 2019.
• The Put-Call ratio stood at 0.83 compared with the previous session’s close
of 0.94.
• The Nifty Put-Call ratio stood at 1.21 compared with the previous session’s
close of 1.17.
• Open interest on Nifty Futures stood at 14.3 million, compared with the
previous session’sclose of 14.05 million.
• Bond yields rose following comments from a major global rating agency
that it may lower India’s rating if the growth of the Indian economy does
not come along expected lines. Concerns of high retail inflation also
dampened market sentiments.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 6 bps to
close at 6.77% compared with the previous close of 6.71% after trading in a
range of 6.69% to 6.77%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,362 crore (gross) on Dec 11, 2019 compared
with borrowings of Rs. 3,272 crore (gross) on Dec 10, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window stood at
Rs. 18,905 crore on Dec 10, 2019.
• Banks borrowed Rs. 4,505 crore under the central bank’s Marginal Standing
Facility on Dec 9, 2019 compared with borrowings of Rs. 3,251 crore on Dec
9, 2019.
• The Indian rupee in spot trade rose against the U.S. dollar following gains in
the domestic equity market. However, corporate greenback demand
capped the gains. The rupee closed at 70.84 a dollar, up 0.12% compared
with the previous close 70.92.
• Theeuroroseagainstthegreenbackasthelattercameunderpressureafter
the U.S. Federal Reserve kept interest rates on hold in its monetary policy
review.
• Gold prices rose as the greenback came under pressure after the U.S.
Federal Reserve kept interest rates on hold in its monetary policy review.
• Brent crude prices fell after U.S. crude supplies edged up by 800,000 barrels
for the week ended Dec 6.
• The Federal Reserve left rates unchanged after three consecutive interest
rate cuts. The decision was widely expected. The Fed said its Federal Open
Market Committee decided to maintain the target range for the federal
funds rate at 1-1/2 to 1-3/4%.
• A Labor Department report showed consumer prices in the U.S. increased
by slightly more than anticipated in Nov 2019. The Labor Department said
its consumer price index rose 0.3% in Nov after climbing 0.4% in Oct 2019.
• The European Central Bank (ECB) is widely expected to leave interest rates
and stimulus measures unchanged, and reaffirm its forward guidance,
following the Governing Council session. This will be the new chief’s first
meeting.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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