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27 Dec 2019
Markets for You
Global Indices
Global Indices 26-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,433 1,423 9 0.67
Nasdaq 9,022 8,953 70 0.78
FTSE
[1]
7,632 7,624 9 0.11
Nikkei 23,925 23,783 142 0.60
Hang Seng
[1]
27,864 27,906 -42 -0.15
Indian Indices 26-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 41,164 41,461 -298 -0.72
Nifty 50 12,127 12,215 -88 -0.72
Nifty 100 12,229 12,312 -83 -0.67
Nifty 500 9,817 9,868 -51 -0.52
Nifty Bank 31,998 32,281 -283 -0.88
S&P BSE Power 1,891 1,899 -7 -0.38
S&P BSE Small Cap 13,435 13,384 51 0.38
S&P BSE HC 13,319 13,397 -78 -0.58
Date P/E Div. Yield P/E Div. Yield
26-Dec 25.90 1.03 28.26 1.24
Month Ago 28.70 1.13 28.05 1.24
Year Ago 23.34 1.18 25.96 1.24
Nifty 50 Top 3 Gainers
Company 26-Dec Prev_Day
% Change
#
AGC Networks Limited 141 135 4.98
JSW Steel 269 264 2.07
Vedanta Limited 151 148 1.79
Nifty 50 Top 3 Losers Domestic News
Company 26-Dec Prev_Day
% Change
#
Yes Bank 49 51 -4.98
Bharti Airtel 448 457 -2.10
RIL 1515 1546 -2.01
Advance Decline Ratio
BSE NSE
Advances 1313 987
Declines 1213 852
Unchanged 169 125
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 99953
MF Flows** 52964
*26
th
Dec 2019; **23
rd
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 24 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
27 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
-1540
-11
3.28%
(Aug-19)
• Indian equity markets fell for the third consecutive session as investors
adjusted their positions on expiry of futures and options contracts for the
Dec 2019 series. Also, investors are cautious over the government’s fiscal
math due to the delay in divestments planned for FY20.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.72% and 0.72%
to close at 41,163.76 and 12,126.55 respectively. S&P BSE MidCap lost
0.13% and S&P BSE SmallCap gained 0.38%.
• The overall market breadth on BSE was strong with 1,313 scrips advancing
and 1,213 scrips declining. A total of 169 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 0.66%
followed by S&P BSE Basic Materials, up 0.31% and S&P BSE Consumer
Discretionary Goods & Services, up 0.05%. S&P BSE Telecom was the major
loser, down 1.73% followed by S&P BSE Energy, down 1.46% and S&P BSE
Capital Goods, down 1.15%.
• Media reports showed the GST Council will set up a grievance redressal
mechanism for taxpayers. This was decided at the 38th meeting of the
council, which was held on Dec 18, 2019. The mechanism will be a
structured grievance redressal system on GST-related issues of specific and
general nature. The Grievance Redressal Committee (GRC) will be set up at
the zonal and state levels consisting of both central tax and state tax
officers.
• The government launched a good governance index (GGI) to assess the
state of governance in the country, media reports showed. GGI’s objectives
will be to provide data to compare the state of governance in all states and
Union territories, help them to formulate and implement suitable strategies.
• The government has made an expert committee for time-bound resolution
of exploration and production disputes in order to avoid prolonged judicial
processes. This is being done to deal with the overwhelming disputes
disrupting investments in the oil and gas sector.
• According to the Telecom Regulatory Authority of India (TRAI), the volume
of total wireless data usage increased from 828 million GB during 2014 to
46,404 million GB during 2018. The usage in 2019 has already touched
54,917 million GB till Sep 2019. Total number of wireless data subscribers
increased from 281.58 million at the end of 2014 to 664.80 million at the
end of Sep 2019, an yearly growth rate of 36.36% in 2018 over 2017 YoY.
• Asian equity markets were mostly higher in thin post-Christmas trading.
Investors remained optimistic that the U.S.-China phase one trade deal will
be signed in early Jan 2020. Today (as of Dec 27), Asian markets were mixed
even as overnight Wall Street touched record highs. Nikkei was trading
down 0.08% and and Hang Seng were trading up 0.56% (as at 8.a.m. IST).
• European markets remained closed for holidays.
• U.S. markets touched all-time highs in thin post-Christmas trading. Investor
sentiment has been bolstered after the U.S. and China reached a phase one
trade agreement earlier in Dec 2019. The details are been worked and the
deal could be signed in early Jan 2020.
Markets for You
FII Derivative Trade Statistics 26-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 2911.40 3377.94 16879.19
Index Options 169862.91 168840.18 57279.30
Stock Futures 33683.57 33919.29 100002.69
Stock Options 1774.25 1661.23 2287.36
Total 208232.13 207798.64 176448.54
26-Dec Prev_Day
Change
Put Call Ratio (OI) 1.16 1.48 -0.32
Put Call Ratio(Vol) 0.98 1.05 -0.08
26-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 5.13% 4.99% 5.04% 6.57%
T-Repo 4.58% 4.88% 4.98% 6.56%
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% 4.99% 4.97% 6.67%
364 Day T-Bill 5.26% 5.26% 5.14% 6.93%
10 Year Gilt 6.58% 6.75% 6.48% 7.26%
G-Sec Vol. (Rs.Cr) 21525 26141 27127 39171
FBIL MIBOR
[1]
5.25% 5.20% 5.25% 6.65%
3 Month CP Rate 5.40% 5.40% 5.45% 7.30%
5 Year Corp Bond 7.69% 7.82% 7.53% 8.19%
1 Month CD Rate 5.08% 5.07% 5.11% 7.18%
3 Month CD Rate 5.10% 5.08% 5.23% 7.16%
1 Year CD Rate 6.04% 6.02% 5.93% 8.05%
Currency 26-Dec Prev_Day
Change
USD/INR 71.27 71.20 0.07
GBP/INR 92.55 92.15 0.40
EURO/INR 79.03 78.95 0.08
JPY/INR 0.65 0.65 0.00
Commodity 26-Dec Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
61.69 61.25 58.20 45.99
Brent Crude($/bl)
[1]
71.10 71.54 66.29 51.87
Gold( $/oz) 1511 1479 1461 1267
Gold(Rs./10 gm) 38641 37882 37799 31452
Source: Thomson Reuters Eikon
[1]
Data as on 24 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
27 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 settled at spot closing of 12,126.55. Nifty Jan 2020
Futures stood at 12,195.75, a premium of 69.2 points, above the spot
closing. The turnover on NSE’s Futures and Options segment rose to Rs.
25,46,871.23 crore on December 26, 2019, compared with Rs. 10,80,888.45
crore on December 24, 2019.
• The Put-Call ratio stood at 0.8 compared with the previous session’s close of
0.97.
• The Nifty Put-Call ratio stood at 1.16 compared with the previous session’s
close of 1.48.
• Open interest on Nifty Futures stood at 17.41 million, compared with the
previous session’s close of 16.02 million.
• Bond yields stood steady as investors didn’t take any significant step since
they were worried over fiscal slippage by the government of India.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) closed flat at
6.58%, same as previous session after trading in a range of 6.61% to 6.58%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 5,135 crore (gross) on Dec 26, 2019 compared with
borrowings of Rs. 6,319 crore (gross) on Dec 24, 2019. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 30,209
crore on Dec 24, 2019.
• Banks borrowed Rs. 2,765 crore under the central bank’s Marginal Standing
Facility on Dec 24, 2019 compared with borrowings of Rs. 3,353 crore on Dec
23, 2019.
• The Indian rupee weakened against the greenback amid losses in domestic
equity markets and surge in crude oil prices. The rupee closed at 71.31 a
dollar compared with the previous close 71.27.
• The euro was almost steady against the greenback as trading volume
remained thin post Christmas Holiday. The euro closed at 1.1096 compared
with previous close of 1.1090.
• Gold prices rose due to persisting uncertainty over the signing of a phase
one trade deal by U.S. and China.
• Brent crude prices rose after data from the American Petroleum Institute
showed that U.S. crude stocks fell by 7.9 million barrels for the week ended
Dec 18, 2019.
• The Labor Department said U.S. initial jobless claims fell in the week ended
Dec 21, 2019, to 222,000, a decrease of 13,000 from the previous week's
235,000.
• The Ministry of Internal Affairs and Communications said jobless rate in
Japan came in at a seasonally adjusted 2.2% in Nov 2019, unchanged from
the Oct 2019 reading. The job-to-applicant ratio was 1.57 - unchanged and as
expected.
• The Ministry of Internal Affairs and Communications said overall consumer
prices in the Tokyo area were up 0.9% YoY in Dec 2019.
• The Bank of Japan governor said the bank will not hesitate to ease its
monetary policy further if there is a greater possibility that the momentum
towards achieving the 2% inflation target is lost.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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