19 Feb 2019
Markets for You
Global Indices
Global Indices 18-Feb Prev_Day Abs. Change
% Change
#
Dow Jones Closed 25,883 NA NA
Nasdaq Closed 7,472 NA NA
FTSE 7,219 7,237 -17 -0.24
Nikkei 21,282 20,901 381 1.82
Hang Seng 28,347 27,901 446 1.60
Indian Indices 18-Feb Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 35,498 35,809 -311 -0.87
Nifty 50 10,641 10,724 -83 -0.78
Nifty 100 10,761 10,846 -85 -0.78
Nifty Bank 26,654 26,794 -140 -0.52
SGX Nifty 10,667 10,768 -101 -0.93
S&P BSE Power 1,771 1,785 -14 -0.81
S&P BSE Small Cap 13,119 13,253 -134 -1.01
S&P BSE HC 13,334 13,433 -99 -0.74
Date P/E Div. Yield P/E Div. Yield
18-Feb 22.68 1.21 26.32 1.27
Month Ago 23.96 1.16 26.19 1.24
Year Ago 24.19 1.15 25.32 1.08
Nifty 50 Top 3 Gainers
Company 18-Feb Prev_Day
% Change
#
Bharti Infratel 317 307 3.31
Zee Ente. 439 431 1.76
ONGC 137 135 1.56
Nifty 50 Top 3 Losers Domestic News
Company 18-Feb Prev_Day
% Change
#
TCS 1970 2030 -2.93
Yes Bank 214 219 -2.49
Indiabulls HFC 624 639 -2.48
Advance Decline Ratio
BSE NSE
Advances 856 583
Declines 1709 1216
Unchanged 169 96
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -1610
MF Flows** 11857
*18
th
Feb 2019; **15
th
Feb 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
2.05%
(Jan-19)
5.07%
(Jan-18)
IIP
2.40%
(Dec-18)
7.30%
(Dec-17)
GDP
7.10%
(Sep-18)
6.30%
(Sep-17)
19 February 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
4.60%
(Sep-18)
8.20%
(Jun-18)
Quarter Ago
Inflow/Outflow
1488
-2670
3.38%
(Oct-18)
Markets for You
According to media reports, the Reserve Bank of India will pay an
interim dividend of Rs. 28,000 crore to the government. There is a
perception that the move that will help the central government to keep
fiscal deficit in check. It needs to be noted that this is the second
successive year that the Reserve Bank of India will be transferring an
interim surplus.
The government could retain the provident fund interest rate at 8.55%
despite the decline in interest rates. This would benefit more than 60
million subscribers of the Employees’ Provident Fund Organisation
(EPFO). The Central Board of Trustees (CBT) of the EPFO will meet soon
to consider the return for the current year besides an increase in the
minimum pension for subscribers. The doubling of the minimum pension
under the Employee Pension Scheme (EPS) of the EPFO will benefit
nearly five million subscribers.
According to media reports, two high ranking executives of Cognizant
have been charged by U.S. prosecutors with allegedly paying Tamil Nadu
government officials $2 million in bribes to get building permits for the
company’s Chennai campus.
According to media reports, Infosys has settled with capital market
regulator a case of alleged disclosure lapses regarding severance
payment made to its former chief financial officer. According to reports,
Infosys paid Rs. 34.35 lakh to settle the case.
According to media reports, the Supreme Court refused to allow
reopening of Vedanta's Sterlite plant in Tuticorin in Tamil Nadu.
However, Supreme Court granted it liberty to approach the high court.
According to media reports, Glenmark Pharmaceuticals has received
final approval from the US health regulator for its generic version of
clobetasol propionate foam. The steroid will be used to treat
inflammation and itching of the skin.
According to media reports, the Reserve Bank of India warned Yes Bank
of several lapses and regulatory breaches in various areas of the bank's
functioning.
According to media reports, Larsen & Toubro has won an order worth
over Rs. 7,000 crore for design and construction of an airport.
Asian equity markets were mostly higher after positive developments
arose from the U.S.-China negotiations in Beijing. The White House
stated that high level U.S.-China trade talks have led to "progress
between the two parties", but "much work remains." Chinese stocks
were at more than six-month high after the U.S. President hinted that he
might extend the tariff deadline of Mar 1 for a deal. Today (as of Feb
19), Asian markets opened modestly higher. Investors traded cautiously
over fresh geopolitical tensions following reports of China accusing U.S.
of fueling cybersecurity fears. Nikkei and Hangseng rose 0.14% and
0.33%, respectively (as at 8.a.m. IST).
As per the last close, European markets closed with modest gains on
optimism that upcoming round of discussions between the U.S. and
China will move towards achieving a trade deal in the foreseeable future.
Meanwhile, trading remained subdued as markets in U.S. remained
closed.
U.S markets were closed on account of President's Day.
Indian equity markets’ losses continued well into the new week and for
the seventh session in a row. Reducing foreign fund inflows because of
fear of escalation of tensions between India and Pakistan impacted
sentiment. Oil’s recent rising trend and rupee’s fall also led to investors
getting anxious.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.87% and
0.78%, respectively, to close at 35,498.44 and 10,640.95, respectively.
S&P BSE Mid-Cap and S&P BSE Small Cap lost 1.04% and 1.01%,
respectively.
The overall market breadth on BSE was weak with 856 scrips advancing
and 1709 scrips declining. A total of 169 scrips remained unchanged.
On the BSE sectoral front, only two sectors gained. S&P BSE Telecom
was the major gainer, up 0.88%, followed by S&P BSE Realty, up 0.62%.
S&P BSE Consumer Durables was the major loser, down 1.39%, followed
by S&P BSE Energy and S&P BSE Fast Moving Consumer Goods, down
1.38% and 1.36%, respectively. S&P BSE Information Technology and S&P
BSE Basic Materials lost 1.14% and 0.97%, respectively.
FII Derivative Trade Statistics
18-Feb
(Rs Cr) Buy
Sell Open Int.
Index Futures 3234.54 4289.17 30396.79
Index Options 104746.81 105364.93 64443.67
Stock Futures 14642.40 14510.92 88615.47
Stock Options 11967.90 11540.75 10178.95
Total 134591.65 135705.77 193634.88
18-Feb Prev_Day
Change
Put Call Ratio (OI) 1.13 1.30 -0.17
Indian Debt Market
Put Call Ratio(Vol) 0.84 1.00 -0.15
18-Feb Wk. Ago Mth. Ago
Year Ago
Call Rate 6.31% 6.36% 6.45% 5.96%
T-Repo 6.28% 6.35% 6.49% --
Repo 6.25% 6.25% 6.50% 6.00%
Reverse Repo 6.00% 6.00% 6.25% 5.75%
91 Day T-Bill 6.35% 6.35% 6.50% 6.32%
364 Day T-Bill 6.50% 6.57% 6.79% 6.56%
10 Year Gilt 7.58% 7.53% 7.60% 7.58%
G-Sec Vol. (Rs.Cr) 19291 21793 30263 23303
Currency Market Update
FBIL MIBOR* 6.28% 6.45% 6.48% 6.05%
3 Month CP Rate 7.65% 7.45% 7.65% 7.89%
5 Year Corp Bond 8.49% 8.49% 8.44% 8.09%
1 Month CD Rate 6.55% 6.43% 6.68% 6.23%
3 Month CD Rate 7.39% 7.01% 7.14% 7.22%
1 Year CD Rate 7.70% 7.92% 7.87% 7.48%
Commodity Market Update
Currency 18-Feb Prev_Day
Change
USD/INR 71.47 71.25 0.22
GBP/INR 92.27 91.23 1.04
EURO/INR 80.81 80.42 0.39
International News
JPY/INR 0.65 0.65 0.00
Commodity 18-Feb Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) Closed 52.38 53.55 61.87
Brent Crude($/bl) 66.85 61.57 62.23 63.54
Gold( $/oz) 1326 1308 1281 1348
Gold(Rs./10 gm) 33371 32913 32276 30693
Source: Thomson Reuters Eikon
*As on Feb 15, 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
19 February 2019
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Markets for You
Nifty Feb 2019 Futures were at 10,662.25, a premium of 21.30 points,
over the spot closing of 10,640.95. The turnover on NSE’s Futures and
Options segment decreased to Rs. 5,49,669.46 crore on Feb 18, 2019,
compared with Rs. 7,39,087.25 crore on Feb 15, 2019.
The Put-Call ratio stood at 0.88 compared with the previous session’s
close of 0.96.
The Nifty Put-Call ratio stood at 1.13 compared with the previous
session’s close of 1.30.
Open interest on Nifty Futures stood at 24.26 million as against the
previous session’s close at 23.44 million.
Bond yields closed steady compared to the previous trading session.
However, overall market sentiment remained subdued due to surge in
global crude oil prices.
Yield on the 10-year benchmark paper (7.17% GS 2028) closed
unchanged at 7.58% after trading in the range of 7.56% to 7.60%
Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 20,926 crore (gross) on Feb 18, 2019,
compared with Rs. 4,927 crore (gross) as on Feb 15, 2019. Sale of
securities under Reserve Bank of India’s (RBI) reverse repo window
stood at Rs. 37,731 crore on Feb 15, 2019.
Banks borrowed Rs. 1,085 crore under the central bank’s Marginal
Standing Facility on Feb 15, 2019 compared with borrowing of Rs. 1,005
crore on Feb 14, 2019.
The Indian rupee declined against the greenback with the surge in
crude oil prices that raised concerns over widening fiscal deficit. In
addition, weak domestic equity market also weighed down on the local
unit. The rupee closed at 71.34 a dollar, down 0.17% compared with the
previous close of 71.22.
The euro rebound against the greenback as progress in U.S.-China
trade talks suggested that trade resolution is on track. The euro was last
seen trading at 1.1329 a dollar, up 0.32% compared with the previous
close of 1.1293.
Gold prices gained amid U.S.-China trade negotiations.
Brent crude prices inched up on OPEC-led production cut to tighten
the oil market.
A report from the Labor Department showed that U.S. import prices
fell 0.5% in Jan 2019 as against a decline of 1% in Dec 2018. The prices
fell more than market expectations due to decline in fuel imports that
fell 3.2% in Jan 2019 as against a decline of 8.6% in Dec. Export prices
fell 0.6% in Jan 2019, thereby marking decline for second month in a
row. Prices for agricultural exports fell 2.1% in Jan as against a gain of
3.8% in Dec.
A report from the IHS Markit, U.K.’s IHS Markit Household Finance
Index fell to 43.4 in Feb 2019 from 44.7 in Jan 2019. This marked the
lowest reading since Mar 2018. Softer growth was witnessed at work
place activity and also income from employment.
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