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17 Dec 2019
Markets for You
Global Indices
Global Indices 16-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,405 1,394 11 0.80
Nasdaq 8,814 8,735 79 0.91
FTSE 7,519 7,353 166 2.25
Nikkei 23,952 24,023 -71 -0.29
Hang Seng 27,508 27,688 -180 -0.65
Indian Indices 16-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,939 41,010 -71 -0.17
Nifty 50 12,054 12,087 -33 -0.27
Nifty 100 12,145 12,183 -38 -0.31
Nifty 500 9,753 9,784 -31 -0.31
Nifty Bank 31,974 32,014 -40 -0.13
S&P BSE Power 1,889 1,889 0 -0.01
S&P BSE Small Cap
13,306 13,333 -27 -0.20
S&P BSE HC 13,380 13,376 4 0.03
Date P/E Div. Yield P/E Div. Yield
16-Dec 28.64 1.13 28.09 1.24
Month Ago 26.77 1.14 27.32 1.26
Year Ago 23.47 1.22 26.14 1.23
Nifty 50 Top 3 Gainers
Company 16-Dec Prev_Day
% Change
#
TCS 2127 2071 2.68
HCL Tech 552 543 1.67
Tech Mahindra 773 762 1.50
Nifty 50 Top 3 Losers Domestic News
Company 16-Dec Prev_Day
% Change
#
Grasim Indus 763 782 -2.45
Adani Ports & SEZ 368 377 -2.28
ITC 237 242 -1.95
Advance Decline Ratio
BSE NSE
Advances 1124 831
Declines 1366 1035
Unchanged 212 109
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 92478
MF Flows** 57021
*16
th
Dec 2019; **13
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)
[1]
Data as on 13 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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
573
117
3.28%
(Aug-19)
• Indian equity markets fell despite touching record highs during the session.
The momentum was lost when government data showed wholesale
inflation increased in Nov 2019. Inflation has been breaching the Reserve
Bank of India’s mid-term target of 4% in the past few months.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.17% and 0.27%
to close at 40,938.72 and 12,053.95 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.46% and 0.2% respectively.
• The overall market breadth on BSE was weak with 1,124 scrips advancing
and 1,366 scrips declining. A total of 212 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
3.63%, followed by S&P BSE Auto and S&P BSE Teck, which gained 1.07%
and 0.91%, respectively. S&P BSE Consumer Discretionary Goods & Services
and S&P BSE Consumer Durables gained 0.82% and 0.79%, respectively.
S&P BSE Metal was the major loser, down 1.95%, followed by S&P BSE
Power and S&P BSE Utilities, down 1.3% and 1.03%, respectively. S&P BSE
Oil & Gas and S&P BSE Realty lost 0.86% and 0.82%, respectively.
• Government data showed that India’s Wholesale Price Index (WPI) based
inflation increased to 0.58% in Nov 2019 from 0.16% in Oct 2019 and from
4.47% during the same month of the previous year. The WPI Food Index
grew from 7.65% in Oct to 9.02% in Nov. Food inflation increased to
11.08% in Nov from 9.8% in Oct because of rise in price of onions.
• International Monetary Fund chief economist has said the government
should undertake structural reforms such as bank clean-up and labour
reforms to address the slowdown in domestic demand.
• The government has released about Rs. 35,000 crore to states and Union
Territories as pending compensation under GST. The GST Council is going to
meet on Dec 18, 2019. The Central Board of Indirect Taxes and Customs
said the government has released GST compensation of Rs. 35,298 crore to
States and Union Territories.
• The Reserve Bank of India's (RBI) governor has said there is space for
further rate cuts and the central bank will use it when required after
studying growth and inflation data. The monetary policy committee held
rates steady after trimming the key interest rate by 135 basis points since
the beginning of the current rate reduction cycle in Feb 2019.
• Asian equity markets were mixed despite the U.S. and China signing a phase
one agreement and release of key Chinese data that beat forecasts.
Chinese industrial production and retail sales increased at the fastest pace
in five months in Nov 2019. Today (as of Dec 17), Asian markets opened
higher on trade optimism as U.S. and China signed a phase one deal. Both
Nikkei and Hang Seng were trading up 0.32% and 0.45%, respectively (as at
8.a.m. IST).
• European markets ended higher on trade optimism after the U.S. and China
entered a phase one trade deal. Investors have now become hopeful of a
long-term solution to the problem.
• U.S. markets gained on optimism around the U.S.-China phase one pact. The
trade dispute has been stalling global growth and spreading uncertainty,
and now that some progress has been made towards resolving it, markets
are rejoicing.
Markets for You
FII Derivative Trade Statistics
16-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 3608.08 2564.26 13873.67
Index Options 150922.56 150748.98 53587.31
Stock Futures 13232.37 12971.04 95407.22
Stock Options 5499.01 5496.75 3774.85
Total 173262.02 171781.03 166643.05
16-Dec Prev_Day
Change
Put Call Ratio (OI) 1.43 1.63 -0.19
Put Call Ratio(Vol) 0.92 0.89 0.03
16-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 5.08% 5.01% 5.09% 6.41%
T-Repo 4.91% 4.90% 4.92% 6.26%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.02% 5.01% 5.04% 6.64%
364 Day T-Bill 5.11% 5.15% 5.20% 7.00%
10 Year Gilt 6.80% 6.67% 6.52% 7.44%
G-Sec Vol. (Rs.Cr) 19855 23254 35660 73572
FBIL MIBOR
[1]
5.15% 5.20% 5.25% 6.55%
3 Month CP Rate 5.37% 5.45% 5.50% 7.20%
5 Year Corp Bond 7.93% 7.63% 7.50% 8.33%
1 Month CD Rate 5.07% 4.91% 5.03% 6.95%
3 Month CD Rate 5.07% 5.07% 5.15% 7.05%
1 Year CD Rate 5.80% 5.80% 5.92% 8.17%
Currency 16-Dec Prev_Day
Change
USD/INR 70.94 70.72 0.22
GBP/INR 94.96 95.28 -0.31
EURO/INR 79.01 78.97 0.03
JPY/INR 0.65 0.65 0.00
Commodity 16-Dec Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
60.16 58.94 57.49 51.21
Brent Crude($/bl) 69.88 68.28 63.46 58.50
Gold( $/oz) 1476 1462 1467 1238
Gold(Rs./10 gm) 37891 37650 38096 31374
Source: Thomson Reuters Eikon
[1]
Data as on 13 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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 12,082.55, a premium of 28.60 points
above the spot closing of 12,053.95. The turnover on NSE’s Futures and
Options segment fell to Rs. 8,62,838.46 crore on December 16, 2019,
compared with Rs. 8,79,128.57 crore on December 13, 2019.
• The Put-Call ratio stood at 0.93 compared with the previous session’s close
of 0.75.
• The Nifty Put-Call ratio stood at 1.43 compared with the previous session’s
close of 1.63.
• Open interest on Nifty Futures stood at 14.86 million, compared with the
previous session’s close of 15.27 million.
• Bond yields continued to inch up as the market awaits to gain further clarity
on development of the government’s fiscal situation. The higher-than-
anticipated rise in consumer inflation also kept the sentiment under
pressure.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) increased 2 bps
to close at 6.80% compared with the previous close of 6.78% after trading
in a range of 6.76% to 6.80%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,119 crore (gross) on Dec 16, 2019 compared
with borrowings of Rs. 3,322 crore (gross) on Dec 13, 2019. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 34,654
crore on Dec 13, 2019.
• Banks borrowed Rs. 3,600 crore under the central bank’s Marginal Standing
Facility on Dec 13, 2019 compared with borrowings of Rs. 5,800 crore on
Dec 12, 2019.
• The Indian rupee in spot trade weakened against the greenback following
losses in the domestic equity market as market participants awaited details
of a preliminary trade deal between the U.S. and China.
• The euro rose against the greenback following a phase one trade deal
between U.S. and China. However, market participants awaited further
details on the U.S.-China trade agreement which capped the gains.
• Gold prices were almost steady as market participants awaited details of a
preliminary trade deal between the U.S. and China.
• Brent crude prices rose following upbeat economic data from China for
2019
• A National Association of Home Builders report showed a substantial
improvement in U.S. homebuilder confidence in Dec 2019. The report said
the NAHB/Wells Fargo Housing Market Index spiked to 76 in Dec from 71 in
Nov 2019.
• A Federal Reserve Bank of New York report showed New York
manufacturing activity has grown at a slightly faster rate in Dec 2019 with
the general business conditions index inching up to 3.5 in from 2.9 in Nov
2019.
• Flash survey results from IHS Markit and the Chartered Institute of
Procurement & Supply showed U.K. private sector contracted the most since
mid-2016 as the composite output index fell to 48.5 in Dec 2019 from 49.3
in Nov 2019.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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