20 Feb 2019
Markets for You
Global Indices
Global Indices 19-Feb Prev_Day Abs. Change
% Change
#
Dow Jones 25,891 Closed NA NA
Nasdaq 7,487 Closed NA NA
FTSE 7,179 7,219 -40 -0.56
Nikkei 21,303 21,282 21 0.10
Hang Seng 28,228 28,347 -119 -0.42
Indian Indices 19-Feb Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 35,353 35,498 -146 -0.41
Nifty 50 10,604 10,641 -37 -0.34
Nifty 100 10,731 10,761 -30 -0.28
Nifty Bank 26,685 26,654 31 0.11
SGX Nifty 10,612 10,667 -56 -0.52
S&P BSE Power 1,760 1,771 -10 -0.57
S&P BSE Small Cap 13,162 13,119 43 0.33
S&P BSE HC 13,314 13,334 -19 -0.14
Date P/E Div. Yield P/E Div. Yield
19-Feb 22.56 1.22 26.23 1.27
Month Ago 23.96 1.16 26.19 1.24
Year Ago 23.60 1.16 25.14 1.09
Nifty 50 Top 3 Gainers
Company 19-Feb Prev_Day
% Change
#
Vedanta Limited 153 148 3.45
Grasim Indus 718 700 2.64
BPCL 335 328 2.29
Nifty 50 Top 3 Losers Domestic News
Company 19-Feb Prev_Day
% Change
#
TCS 1905 1970 -3.32
Wipro 363 376 -3.23
NTPC 134 137 -2.73
Advance Decline Ratio
BSE NSE
Advances 1356 1024
Declines 1185 753
Unchanged 132 101
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)
20 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)
According to media reports, the proposed merger of three state run
general insurance firms will take place in the next fiscal. The government
is of the view that it will be able to ring down the losses by setting up a
combined entity. The government has asked the three state run general
insurance firms to make their operations more efficient while keeping
costs low.
According to media reports, the government has eased angel tax norms
for start up companies. The government has increased the investment
limit to Rs. 25 crore for availing income tax concessions by start up entities
from the present limit of Rs. 10 crore. In addition, the government has
also broadened the definition of a start up entity. According to the new
norm, an entity will be considered as a start up entity when has been
operating for a time period of ten years from its date of incorporation or
registration, instead of the current seven years. Furthermore, an entity
will be treated as a start up entity if its turnover for any of the financial
years since incorporation and registration has not exceeded Rs 100 crore
from the present limit of Rs. 25 crore. The move is of significant
importance given the fact that many start up entities has expressed
concerns regarding the fact that they were given angel tax notices which
had adversely impacted their business.
According to media reports, Aditya Birla Group firm Grasim Industries
entered into an agreement to acquire chlor-alkali business of KPR
Industries for a cash consideration of Rs. 253 crore.
According to media reports, Mahanagar Telephone Nigam (MTNL) has
come up with a plan and has submitted the same to to ensure its survival.
The plan includes converting its loans into sovereign guarantee, giving up
3G spectrum, revision of employees’ pay, and introducing a voluntary
retirement scheme.
According to media reports, Ambuja Cement witnessed a nearly
threefold increase in consolidated net profit to Rs. 1,377.88 crore for the
quarter ended Dec 18 compared to a consolidated net profit of Rs. 478.39
crore in the same period of the previous year.
Markets for You
Asian equity markets were mixed as U.S.-China relations once again
seemed to hit a rocky terrain. China blamed the U.S. of spreading
cybersecurity fears. Alongside all this, trade talks between the two
countries are continuing in Washington. Today (as of Feb 20), Asian
markets opened mostly higher following gains in the Wall street in the last
session. Nikkei and Hangseng rose 0.85% and 1.24%, respectively (as at
8.a.m. IST).
As per the last close, European markets closed almost lower after China
reportedly accused U.S. of fueling cybersecurity fears, thereby aggravating
tensions between the two countries. Weak earnings results from some of
the major stocks also weighed on investor sentiment.
As per the last close, U.S markets were closed almost higher after a
volatile session following the long holiday weekend. Strong U.S
homebuilder confidence data for Feb 2019 boosted the indices. However,
uncertainty about the potential for a trade deal between the U.S. and
China restricted the gains.
Indian equity markets lost yet again as investors took to profit-booking
before the uncertainty around elections kicks in. The start was positive as
the Reserve Bank of India gave the government interim dividend.
However, markets could not hold on to the gains as investors booked
profit and global cues came in weak. U.S.-China relations again seemed to
sour after China blamed U.S. of spreading cyber security fears and
maligning its leading technology company.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.41% and
0.34%, respectively, to close at 35,352.61 and 10,604.35, respectively. S&P
BSE Mid-Cap and S&P BSE Small Cap gained 0.51% and 0.33%,
respectively.
On the BSE sectoral front, S&P BSE Realty was the major gainer, up
1.66%, followed by S&P BSE Metal and S&P BSE Basic Materials, up 1.44%
and 1.01%, respectively. S&P BSE Telecom and S&P BSE Capital Goods
gained 0.91% and 0.69%, respectively. S&P BSE Information Technology
was the major loser, down 2.09%, followed by S&P BSE Teck and S&P BSE
Power, down 1.67% and 0.57%, respectively.
FII Derivative Trade Statistics 19-Feb
(Rs Cr) Buy
Sell Open Int.
Index Futures 2000.56 2434.18 30728.54
Index Options 79730.16 80217.73 65048.91
Stock Futures 10369.25 10440.32 88510.29
Stock Options 7967.94 8064.01 10209.33
Total 100067.91 101156.24 194497.07
19-Feb Prev_Day
Change
Put Call Ratio (OI) 1.12 1.13 -0.02
Indian Debt Market
Put Call Ratio(Vol) 0.85 0.84 0.00
18-Feb Wk. Ago Mth. Ago
Year Ago
Call Rate Closed 6.27% 6.45% 5.96%
T-Repo Closed 6.28% 6.49% --
Repo Closed 6.25% 6.50% 6.00%
Reverse Repo Closed 6.00% 6.25% 5.75%
91 Day T-Bill Closed 6.35% 6.50% 6.32%
364 Day T-Bill Closed 6.57% 6.79% 6.56%
10 Year Gilt Closed 7.53% 7.60% 7.58%
G-Sec Vol. (Rs.Cr) Closed 20378 30263 23303
Currency Market Update
FBIL MIBOR* 6.31% 6.45% 6.48% 6.05%
3 Month CP Rate Closed 7.45% 7.65% 7.89%
5 Year Corp Bond Closed 8.46% 8.44% 8.09%
1 Month CD Rate Closed 6.41% 6.68% 6.23%
3 Month CD Rate Closed 7.19% 7.14% 7.22%
1 Year CD Rate Closed 7.94% 7.87% 7.48%
Commodity Market Update
Currency 18-Feb Prev_Day
Change
USD/INR Closed 71.47 Closed
GBP/INR Closed 92.27 Closed
EURO/INR Closed 80.81 Closed
International News
JPY/INR Closed 0.65 Closed
Commodity 19-Feb Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 56.07 53.09 53.55 61.87
Brent Crude($/bl) 66.40 62.97 62.23 64.19
Gold( $/oz) 1341 1311 1281 1346
Gold(Rs./10 gm) 33519 32891 32276 30635
Source: Thomson Reuters Eikon
*As on 18th Feb 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 February 2019
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Nifty Feb 2019 Futures were at 10,617.15, a premium of 12.80 points,
over the spot closing of 10,604.35. The turnover on NSE’s Futures and
Options segment increased to Rs. 8,68,444.29 crore on Feb 19, 2019,
compared with Rs. 5,49,669.46 crore on Feb 18, 2019.
The Put-Call ratio stood at 0.88, same as the previous session’s close.
The Nifty Put-Call ratio stood at 1.12 compared with the previous
session’s close of 1.13.
Open interest on Nifty Futures stood at 24.41 million as against the
previous session’s close at 24.26 million.
The debt market remained closed on account of Chatrapati Shivaji
Jayanti.
The domestic currency market remained closed on account of
Chatrapati Shivaji Jayanti.
The euro drifted lower on concerns over eurozone’s economic
slowdown. The single currency was adversely impacted by the decline in
the eurozone bond yields. In addition, European Central Bank is expected
to trim growth and inflation projections in the upcoming meeting
scheduled for Mar 2019. The euro was last seen trading at 1.1303 a
dollar, down 0.04% compared with the previous close of 1.1308.
Gold prices gained against the greenback as investors are closely
tracking the U.S.-China trade talks, which is expected to resume in
Washington following the discussion in Beijing.
Brent crude prices were mixed as market participants await American
Petroleum Institute’s inventory data to take further cues.
Office for National Statistics data showed U.K. employment hit a record
high in Dec 2018 and wages grew at their fastest pace in a decade.
Employment rose by 167,000 to a record high of 32.60 million in the three
months to December. Economists were looking for an increase of
152,000. The employment rate remained at 75.8%, which is the highest
since comparable records began in 1971. The number of unemployed fell
by 14,000 to 1.36 million from the Jul to Sep 2018. The ILO jobless rate
was unchanged at 4% in the three months to Dec 2018, which is the
lowest since Dec 1974 to Feb 1975.
European Central Bank data showed euro zone current account surplus
weakened in Dec 2018. The current account surplus declined to EUR 16
billion from EUR 23 billion in Nov 2018, which was revised from EUR 20
billion.
Markets for You
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