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27 Nov 2019
Markets for You
Global Indices
Global Indices 26-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,385 1,380 5 0.38
Nasdaq 8,648 8,632 15 0.18
FTSE 7,403 7,396 7 0.09
Nikkei 23,373 23,293 81 0.35
Hang Seng 26,914 26,993 -79 -0.29
Indian Indices 26-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,821 40,889 -68 -0.17
Nifty 50 12,038 12,074 -36 -0.30
Nifty 100 12,151 12,193 -42 -0.34
Nifty 500 9,763 9,802 -39 -0.40
Nifty Bank 31,718 31,556 162 0.51
S&P BSE Power 1,917 1,936 -19 -0.96
S&P BSE Small Cap 13,411 13,462 -51 -0.38
S&P BSE HC 13,553 13,591 -38 -0.28
Date P/E Div. Yield P/E Div. Yield
26-Nov 28.70 1.13 28.05 1.24
Month Ago 26.76 1.18 26.70 1.29
Year Ago 23.03 1.23 25.71 1.25
Nifty 50 Top 3 Gainers
Company 26-Nov Prev_Day
% Change
#
ICICI Bank 511 498 2.59
GAIL 125 122 2.38
Dr.Reddy 2966 2921 1.55
Nifty 50 Top 3 Losers Domestic News
Company 26-Nov Prev_Day
% Change
#
Zee Ente. 320 344 -7.01
Bharti Infratel 233 250 -7.00
Bharti Airtel 432 451 -4.22
Advance Decline Ratio
BSE NSE
Advances 1081 753
Declines 1451 1098
Unchanged 175 112
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 88693
MF Flows** 53658
*26
th
Nov 2019; **22
nd
Nov 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
5.00%
(Jun-19)
8.00%
(Jun-18)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
27 November 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)
5.80%
(Mar-19)
Quarter Ago
Inflow/Outflow
-136
1987
3.15%
(Jul-19)
• Indian equity markets ended lower in spite of touching new highs during the
day. Company-related media reports brought the bourses under pressure. The
chairman of India’s leading media house resigned, leaving the company’s reins
in institutional investors’ hands. Plus, a major domestic rating agency
downgraded a leading telecom company’s rating because of provisions for dues
towards license fees on adjusted gross revenues and spectrum usage charge.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.17% and 0.3% to
close at 40,821.30 and 12,037.70, respectively. S&P BSE MidCap and S&P BSE
SmallCap lost 0.79% and 0.38%, respectively.
• The overall market breadth on BSE was weak with 1,081 scrips advancing and
1,451 scrips declining. A total of 175 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 0.67%
followed by S&P BSE Finance, up 0.27% and S&P BSE FMCG, up 0.06%. S&P BSE
Telecom was the major loser, down 4.93% followed by S&P BSE Teck, down
1.95% and S&P BSE IT, down 1.21%.
• Among the 31-stock sensitive Sensex pack, ICICI Bank was the major gainer, up
2.62%, followed by IndusInd Bank and Tata Steel that grew 1.32% and 1.17%,
respectively.
• Minister of State for Finance has informed the Parliament that the Central GST
collection so far in FY20 stands at Rs. 3.26 lakh crore. This is around half the
government’s target for FY20 at Rs. 6,63,343 crore. He said the shortfall or
excess in collection of GST with respect to budget estimate, if any, is calculated
after completion of financial year.
• Media reports showed India and the U.S. have identified almost 40 products
like pistachios, walnuts and apples that can be considered for duty concessions.
The two sides are trying to finalise workable concessions for medical devices as
well. These were discussed at an official-level meeting between trade
negotiators of the two countries last week.
• Payroll data of Employees’ State Insurance Corporation (ESIC) showed around
12.23 lakh jobs were created in Sep 2019 compared with 13.38 lakh jobs in Aug
2019, media reports showed. Gross enrolments of new subscribers with the
ESIC were 1.49 crore during FY19, the National Statistical Office (NSO) said in a
report. It also showed that during Sep 2017 to Sep 2019, around 3.10 crore new
subscribers joined the ESIC scheme. The NSO report is based on the payroll data
of new subscribers of a variety of social security schemes run by ESIC,
retirement fund body EPFO and the Pension Fund Regulatory and
Development Authority.
• Reserve Bank of India (RBI) deputy governor has said banks should closely
monitor their loans under the Mudra category as there are concerns of growing
non-performing assets (NPAs) in the segment. He added that banks need to
focus on repayment capacity at the appraisal stage and monitor the loans
through the lifecycle much more closely.
• Media reports showed the commerce ministry has sought views of all
ministries, including steel and shipping, on the draft national logistics policy.
The policy aims at promoting seamless movement of goods across India. The
draft policy also seeks to reduce high transaction cost of traders.
• ICRA has downgraded Bharti Airtel Ltd's long-term rating to "AA-" from “AA",
media reports showed. The agency attributed the downgrade to the
recognition of higher than anticipated provisions following the Supreme
Court’s judgement on payment of dues for license fees on adjusted gross
revenues (AGR) and spectrum usage charges in the latest quarterly results.
• Asian equity markets were mostly up on news that China's Vice premier and
chief trade negotiator have held a call with their U.S. counterparts. Both sides
agreed to keep in touch over 'remaining issues' for a 'phase one' trade deal, the
reports added. Today (as of Nov 27), Asian markets opened higher on trade
optimism and Wall Street gains. Both Nikkei and Hang Seng were trading up
0.42% and 0.16%, respectively (as at 8.a.m. IST).
• European markets gained on positive sentiment around U.S.-China trade talks.
Trade negotiators from the two countries held another phone call discussing
“resolving core issues,” the Chinese Ministry of Commerce said.
• U.S. markets gained on trade optimism that a phase one trade deal could be
signed between the U.S. and China soon. News reports showed the two sides
have held a call at the senior level and agreed to work on closing a phase one
deal. Sentiment was supported by a major retailer posting earnings that beat
expectations.
Markets for You
FII Derivative Trade Statistics 26-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 8731.55 6778.11 18058.23
Index Options 187668.45 187114.91 58168.47
Stock Futures 27130.49 26987.61 99345.66
Stock Options 5122.57 5043.03 4825.18
Total 228653.06 225923.66 180397.54
26-Nov Prev_Day
Change
Put Call Ratio (OI) 1.71 1.31 0.41
Put Call Ratio(Vol) 1.00 0.93 0.06
26-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 5.04% 5.07% 5.10% 6.44%
T-Repo 4.98% 4.95% 4.89% 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 4.97% 5.04% 5.00% 6.70%
364 Day T-Bill 5.14% 5.15% 5.26% 7.20%
10 Year Gilt 6.48% 6.48% 6.50% 7.73%
G-Sec Vol. (Rs.Cr) 27127 45044 20088 38057
FBIL MIBOR* 5.25% 5.25% 5.25% 6.60%
3 Month CP Rate 5.45% 5.50% 5.65% 7.85%
5 Year Corp Bond 7.53% 7.50% 7.56% 8.52%
1 Month CD Rate 5.11% 5.10% 4.88% 6.88%
3 Month CD Rate 5.23% 5.16% 5.42% 7.34%
1 Year CD Rate 5.93% 5.82% 5.87% 8.49%
Currency 26-Nov Prev_Day
Change
USD/INR 71.59 71.65 -0.06
GBP/INR 92.32 92.06 0.26
EURO/INR 78.85 79.00 -0.14
JPY/INR 0.66 0.66 0.00
Commodity 26-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
58.20 54.88 56.49 51.36
Brent Crude($/bl) 66.29 62.99 62.90 59.29
Gold( $/oz) 1461 1472 1504 1222
Gold(Rs./10 gm) 37799 38069 38630 30705
Source: Thomson Reuters Eikon *As on previous trading day
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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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
27 November 2019
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Nov 2019 Futures stood at 12,075.20, a premium of 37.50 points above
the spot closing of 12,037.70. The turnover on NSE’s Futures and Options
segment rose to Rs. 13,91,009.56 crore on November 26, 2019, compared with
Rs. 10,97,583.56 crore on November 25, 2019.
• The Put-Call ratio stood at 0.92 compared with the previous session’s close of
0.87.
• The Nifty Put-Call ratio stood at 1.59 compared with the previous session’s
close of 1.71.
• Open interest on Nifty Futures stood at 18.81 million, compared with the
previous session’s close of 16.02 million.
• Bond yields rose as market participants resorted to profit booking. However,
hopes of policy rate cut by the Monetary Policy Committee in the upcoming
policy meeting lent some support.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) increased 1 bps to
close at 6.48% compared with the previous close of 6.47% after trading in a
range of 6.47% to 6.49%.
• Yield on the old 10-year benchmark paper (7.26% GS 2029) increased 2 bps to
close at 6.64% compared with the previous close of 6.62% after trading in a
range of 6.62% to 6.64%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,692 crore (gross) on Nov 26, 2019 compared with
borrowings of Rs. 3,967 crore (gross) on Nov 25, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 16,228 crore on
Nov 25, 2019.
• The Indian rupee rose in the spot trade against the greenback following selling
of the U.S. dollar by foreign banks. Hopes that U.S. and China would reach a
trade deal soon also boosted market sentiments. The rupee closed at 71.48 a
dollar, up 0.34% compared with the previous close 71.73.
• The euro was almost steady against the greenback as market participants
continued to monitor the latest developments in the U.S.-China trade talks for
further cues. The euro closed at 1.1018, up 0.05% compared with previous close
of 1.1013.
• Gold prices rose as market participants awaited and continued to monitor the
ongoing trade talks between China’s Vice Premier and the U.S. Treasury
Secretary.
• Brent crude prices rose as market participants remained hopeful of a trade
agreement between U.S. and China.
• A Conference Board report showed U.S. consumer confidence unexpectedly
declined for a fourth consecutive month in Nov 2019. The consumer confidence
index fell to 125.5 in Nov from 126.1 in Oct 2019.
• A Commerce Department report showed new home sales pulled back in Oct
2019. New home sales fell by 0.7% to an annual rate of 733,000 in Oct after
surging 4.5% to 738,000 in Sep 2019.
• Bank of Japan said producer prices in Japan surged 2.1% YoY in Oct 2019,
beating expectations. On a monthly basis, producer prices advanced 1.9%
following the flat reading in the previous month. Individually, prices were higher
for utilities, information and communications, transportation, real estate, rental
and financial services.
Markets for You
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