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16 Dec 2019
Markets for You
Global Indices
Global Indices 13-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,394 1,390 4 0.26
Nasdaq 8,735 8,717 18 0.20
FTSE 7,353 7,273 80 1.10
Nikkei 24,023 23,425 598 2.55
Hang Seng 27,688 26,994 694 2.57
Indian Indices 13-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 41,010 40,582 428 1.05
Nifty 50 12,087 11,972 115 0.96
Nifty 100 12,183 12,066 117 0.97
Nifty 500 9,784 9,691 92 0.95
Nifty Bank 32,014 31,665 349 1.10
S&P BSE Power 1,889 1,876 13 0.71
S&P BSE Small Cap 13,333 13,224 109 0.82
S&P BSE HC 13,376 13,368 8 0.06
Date P/E Div. Yield P/E Div. Yield
13-Dec 28.78 1.13 28.17 1.24
Month Ago 26.38 1.16 27.31 1.26
Year Ago 23.64 1.21 26.11 1.23
Nifty 50 Top 3 Gainers
Company 13-Dec Prev_Day
% Change
#
Axis Bank 752 722 4.14
Vedanta Limited 149 144 3.75
Hindalco 208 201 3.38
Nifty 50 Top 3 Losers Domestic News
Company 13-Dec Prev_Day
% Change
#
Dr.Reddy 2822 2906 -2.90
Bharti Airtel 428 439 -2.47
Zee Ente. 280 284 -1.62
Advance Decline Ratio
BSE NSE
Advances 1552 1197
Declines 985 629
Unchanged 166 130
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 92360
MF Flows** 55417
*13
th
Dec 2019; **11
th
Dec 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
5.54%
(Nov-19)
2.33%
(Nov-18)
IIP
-3.80%
(Oct-19)
8.40%
(Oct-18)
GDP
4.50%
(Sep-19)
7.00%
(Sep-18)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
16 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
4.90%
(Jul-19)
5.00%
(Jun-19)
Quarter Ago
Inflow/Outflow
586
-615
3.28%
(Aug-19)
• Indian equity markets gained on trade optimism as reports showed U.S. and
China have signed an in-principle phase one deal. Expectations of a clear
victory in U.K. elections also boosted sentiment. The strong global cues
overshadowed weak domestic inflation and industrial output data.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.05% and
0.96% to close at 41,009.71 and 12,086.70 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.92% and 0.82%, respectively.
• The overall market breadth on BSE was strong with 1,552 scrips advancing
and 985 scrips declining. A total of 166 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 2.3%
followed by S&P BSE Realty, up 1.72% and S&P BSE IT, up 1.68%. S&P BSE
Telecom was the only loser, down 1.6%.
• Government data showed that India’s trade deficit narrowed to $12.12
billion in Nov 2019 from $17.58 billion in the same period of the previous
year. India’s trade deficit narrowed as imports fell 12.71% to $38.11 billion
in Nov 2019 while exports came down at a comparatively slower rate of
0.34% to $25.98 billion in the same month. Oil imports fell 18.17% to
$11.06 billion in Nov 2019 from $13.52 billion in the year-ago period.
• The chief economic adviser said the government has achieved Rs. 3.38
trillion or 66% of the budgeted capital expenditure (capex) in for 2019-20,
media reports showed. Key infrastructure ministries—railways and
highways—will spend Rs. 2.46 trillion by Dec 31, 2019. Apart from this, 32
public sector companies have undertaken capex of Rs. 98,000 crore, he said.
• The finance minister has denied reports that the government could increase
GST rates. Reports had been doing the rounds that the GST Council, which
meets on Dec 18, 2019, could take up the matter of hike in rates as the
shortfall has impacted the revenue target of the government.
• The chief economic advisor said the proof of government’s measures to
boost investment can be seen in the record foreign direct investment
inflows with $35 billion in the first half of 2019-20 compared with $32
billion during the year-ago period.
• Asian equity markets gained on trade optimism. News reports showed China
saying it is committed to resolving trade issues. Also, British Prime Minister’s
party came out as clear winners in the elections and claimed a majority in
Parliament. Today (as of Dec 16), Asian markets opened on a mixed note
despite renewed optimism that U.S. and China have reached phase one
agreement. However, Nikkei and Hangseng were trading down 0.11% and
0.59%, respectively (as at 8.a.m. IST).
• European markets gained as media reports showed the U.S. and China have
brokered a phase one deal. The U.K. Prime Minister winning comfortably in
the elections also boosted sentiment. The victory gives the Prime Minister
the power to fructify his Brexit deal before the Jan 31, 2020, deadline.
• U.S. markets went up a tad as U.S. and China striking a phase one trade deal
boosted sentiment, but investors expected more out of the pact. The trade
deal involves rolling back of some of the China tariffs and stopping extra
levies, which were set to take effect on Dec 15, 2019. In turn, China has
agreed to significant purchases of U.S. agricultural products, though media
reports said the amount is below what U.S. wanted.
Markets for You
FII Derivative Trade Statistics 13-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 3087.17 2367.59 14098.40
Index Options 357627.28 357125.53 49015.73
Stock Futures 12697.23 12761.57 94193.65
Stock Options 3445.75 3402.55 3696.88
Total 376857.43 375657.24 161004.66
13-Dec Prev_Day
Change
Put Call Ratio (OI) 1.63 1.37 0.26
Put Call Ratio(Vol) 0.89 1.03 -0.14
13-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 4.97% 5.05% 5.09% 6.41%
T-Repo 4.78% 4.89% 4.91% 6.44%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.00% 5.00% 5.04% 6.66%
364 Day T-Bill 5.24% 5.15% 5.21% 7.02%
10 Year Gilt 6.79% 6.67% 6.53% 7.41%
G-Sec Vol. (Rs.Cr) 30233 33491 30001 73572
FBIL MIBOR 5.15% 5.20% 5.25% 6.60%
3 Month CP Rate 5.37% 5.55% 5.50% 7.20%
5 Year Corp Bond 7.92% 7.62% 7.41% 8.32%
1 Month CD Rate 4.91% 4.98% 5.04% 7.01%
3 Month CD Rate 5.06% 5.14% 5.32% 7.17%
1 Year CD Rate 5.82% 5.93% 5.79% 8.21%
Currency 13-Dec Prev_Day
Change
USD/INR 70.72 70.75 -0.03
GBP/INR 95.28 93.47 1.81
EURO/INR 78.97 78.81 0.16
JPY/INR 0.65 0.65 -0.01
Commodity 13-Dec Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
60.06 59.15 56.83 52.64
Brent Crude($/bl) 69.28 68.34 62.41 58.97
Gold( $/oz) 1476 1460 1463 1242
Gold(Rs./10 gm) 37691 38032 38205 31410
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
16 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 12,142.35, a premium of 55.65 points above
the spot closing of 12,086.70. The turnover on NSE’s Futures and Options
segment fell to Rs. 8,79,128.57 crore on December 13, 2019, compared with
Rs. 26,02,611.75 crore on December 12, 2019.
• The Put-Call ratio stood at 0.75 compared with the previous session’s close
of 0.76.
• The Nifty Put-Call ratio stood at 1.63 compared with the previous session’s
close of 1.37.
• Open interest on Nifty Futures stood at 15.27 million, compared with the
previous session’s close of 14.95 million.
• Bond yields continued to inch up for the third consecutive session after
higher-than-anticipated rise in consumer inflation, which demised
expectations on monetary easing. Besides, sentiments were also dampened
by concerns over fiscal slippage and warning from a global credit rating
agency.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) increased 1 bps
to close at 6.78% compared with the previous close of 6.77% after trading in
a range of 6.76% to 6.84%.
• RBI conducted auction of 6.18% GS 2024, 7.57% GS 2033, 7.69% GS 2043
and 7.72% GS 2049 for notified amount of Rs. 16,000 crore. The cut-off price
was in the range of Rs. 98.06/6.6496%, 102.04/7.3294%, 103.46/7.3778%
and 104.45/7.3488%, respectively.
• Banks borrowed Rs. 5,800 crore under the central bank’s Marginal Standing
Facility on Dec 12, 2019 compared with borrowings of Rs. 3,100 crore on Dec
11, 2019.
• The Indian rupee in spot trade inched up against the greenback following
gains in the domestic equity market and growing optimism over a trade deal
between U.S. and China.
• The euro rose initially against the greenback following the announcement of
an initial China-U.S. trade deal. However, the trend reversed as no specific
details were offered regarding the trade deal.
• Gold prices grew following media reports that U.S. and China have given
little indication of conclusive de-escalation of their trade war.
• Brent crude prices grew on large win of the U.K’s Prime Minister in the U.K.
general election.
• A Commerce Department report showed retail sales in the U.S. rose by far
less than expected in Nov 2019. Retail sales edged up 0.2% in Nov after
climbing 0.4% in Oct 2019.
• A Labor Department report showed U.S. import prices increased in line with
estimates in Nov 2019. Import prices rose 0.2% in Nov after falling 0.5% in
Oct 2019.
• A Commerce Department report showed business inventories in the U.S.
rose 0.2% in Oct after edging down 0.1% in Sep 2019.
• Federal Statistical Office showed Germany's wholesale price inflation fell the
most in three-and-a-half years in Nov 2019. The wholesale price index
declined 2.5% YoY, which was the strongest fall since May 2016, when it
decreased 2.8%.
Markets for You
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