19Jun2019
MarketsforYou
GlobalIndices
GlobalIndices 18‐Jun Prev_Day Abs.Change
%Change
#
DowJones 26,466 26,113 353 1.35
Nasdaq 7,954 7,845 109 1.39
FTSE 7,443 7,357 86 1.17
Nikkei 20,973 21,124 ‐151 ‐0.72
HangSeng 27,499 27,227 272 1.00
IndianIndices 18‐Jun Prev_Day Abs.Change
%Change
#
S&PBSESensex 39,046 38,961 86 0.22
Nifty50 11,692 11,672 19 0.17
Nifty100 11,762 11,743 19 0.16
NiftyBank 30,351 30,273 78 0.26
SGXNifty 11,730 11,686 45 0.38
S&PBSEPower 1,987 1,975 11 0.58
S&PBSESmallCap 14,113 14,173 ‐60 ‐0.42
S&PBSEHC 12,675 12,745 ‐70 ‐0.55
Date P/E Div.Yield P/E Div.Yield
18‐Jun 27.87 1.22 28.91 1.25
MonthAgo 27.83 1.24 28.44 1.15
YearAgo 22.90 1.24 26.60 1.22
Nifty50Top3Gainers
Company 18‐Jun Prev_Day
%Change
#
Vedanta 168 164 2.47
HPCL 302 295 2.43
CoalIndia 260 255 1.98
Nifty50Top3Losers DomesticNews
Company 18‐Jun Prev_Day
%Change
#
IndiabullsHFC 610 655 ‐6.86
YesBank 109 116 ‐5.90
Maruti 6439 6582 ‐2.17
AdvanceDeclineRatio
BSE NSE
Advances 916 649
Declines 1614 1193
Unchanged 130 89
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 77062
MFFlows** 3841
*18
th
Jun2019;**17
th
Jun2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
3.05%
(May‐19)
4.87%
(May‐18)
IIP
3.40%
(Apr‐19)
4.50%
(Apr‐18)
GDP
5.80%
(Mar‐19)
8.10%
(Mar‐18)
19June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
1.60%
(Jan‐19)
6.60%
(Dec‐18)
QuarterAgo
Inflow/Outflow
1565
‐323
2.57%
(Feb‐19)
The stock exchanges have been permitted by the Securities and
Exchange Board of India (SEBI) to introduce commodity indices futures.
The market regulator stated that the stock exchanges with commodity
derivative segment that are prepared to begin the trading in futures on
commodity indices shall take its prior approval for launching such
contracts.
A major global credit rating agency has cut India's growth forecast for
FY20 for the second consecutive time to 6.6%. The decline reflects
slowdown in manufacturing and agriculture sectors over the past year. In
Mar 2019, the global rating agency had lowered the growth estimate for
FY20 to 6.8% from prior expectation of 7% due to weak momentum of the
economy.
According to a data released by The Directorate General of Civil Aviation
(DGCA), domestic air passenger traffic grew 2.96% YoY to 12.20 million
passengers in May 2019. However, the traffic had fell 4.5% YoY in Apr
2019 due to suspension of operations by a one of the largest airlines.
The Centre has immediately virtually ruled out brining oil products under
the sphere of Goods and service tax. With this announcement, it has
turned down the repeated demands from the aviation sector and oil
companies.
The ministry of road transport and highways has proposed to eliminate
the condition of minimum educational qualification for driving a transport
vehicle. In order to ensure road safety, it intends to shift its focus on
competent drivers training and stringent skill testing. A transport vehicle
driver needs to have passed class VIII, as per the Rule 8 of the Central
Motor Vehicle Rules, 1989.
MarketsforYou
Asian equity markets were mostly higher even though the gains were
limited by caution ahead of the U.S. Federal Reserve and the Bank of
Japan meetings, scheduled in the week. Today (as of June 19), Asian
markets opened higher on positive developments on the U.S.‐China trade
deal. Both Nikkei and Hang Seng were trading higher 1.67% and 2.15%,
respectively (as at 8 a.m. IST).
As per the last close, European markets rose notably after the European
Central Bank (ECB) President suggested the bank will announce more
stimulus, which could be through rate cuts or asset purchases, to support
growth. Optimism about the potential U.S. and China Trade deal along
with rise in crude oi prices, added to the overall strength.
As per the last close, U.S markets gained reflecting optimism about a
potential U.S.‐China trade deal along with near‐term interest rate cut by
the U.S. Federal Reserve. Renewed optimism came after the U.S President
said it had a good conversation with the President of China.
Indian equity markets saw volatile trade and managed to end with gains.
The volatility emanated from the shares of a troubled airline declining
40%. This came a day after creditors said that they plan to begin
insolvency proceedings against the grounded airline at the National
Company Law Tribunal. The markets managed to gain on positive global
cues.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.22% and
0.17%, respectively, to close at 39,046.34 and 11,691.50, respectively. S&P
BSE Mid‐Cap gained 0.08% and S&P BSE Small Cap lost 0.42%.
The market breadth on BSE was weak with 916 scrips advancing and
1614 scrips declining. A total of 130 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Oil & Gas was the major gainer, up
1.13%, followed by S&P BSE Information Technology and S&P BSE Teck, up
0.76% and 0.69%, respectively. S&P BSE Power and S&P BSE Energy gained
0.58% and 0.53%, respectively. S&P BSE Healthcare was the major loser,
down 0.55%, followed by S&P BSE Auto and S&P BSE Fast Moving
Consumer Goods, down 0.52% and 0.32%, respectively.
FIIDerivativeTradeStatistics 18‐Jun
(RsCr) Buy Sell OpenInt.
IndexFutures 2583.78 2525.75 20918.64
IndexOptions 156689.82 153932.39 59737.97
StockFutures 9731.03 10220.81 84906.48
StockOptions 5154.33 5263.12 4487.19
Total 174158.96 171942.07 170050.28
18‐Jun Prev_Day Change
PutCallRatio(OI) 1.14 1.09 0.05
IndianDebtMarket
PutCallRatio(Vol) 0.92 0.82 0.10
18‐Jun Wk.Ago Mth.Ago YearAgo
CallRate 5.75% 5.70% 5.99% 6.17%
T‐Repo 5.64% 5.67% 5.95% NA
Repo 5.75% 5.75% 6.00% 6.25%
ReverseRepo 5.50% 5.50% 5.75% 6.00%
91DayT‐Bill 5.92% 5.95% 6.32% 6.41%
364DayT‐Bill 6.07% 6.03% 6.43% 7.06%
10YearGilt 6.81% 7.04% 7.36% 7.88%
G‐SecVol.(Rs.Cr) 137594 51147 32164 30799
CurrencyMarketUpdate
FBILMIBOR* 5.90% 5.80% 6.05% 6.24%
3MonthCPRate 6.70% 6.65% 7.25% 7.60%
5YearCorpBond 7.99% 8.07% 8.38% 8.78%
1MonthCDRate 5.98% 5.68% 7.24% 6.78%
3MonthCDRate 6.36% 6.31% 7.07% 7.06%
1YearCDRate 7.21% 7.25% 7.29% 8.07%
CommodityMarketUpdate
Currency 17‐Jun Prev_Day Change
USD/INR 69.84 69.56 0.39
GBP/INR 87.89 88.20 ‐0.35
EURO/INR 78.27 78.43 ‐0.20
InternationalNews
JPY/INR 0.64 0.64 0.12
Commodity 18‐Jun WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 53.81 53.25 62.72 65.91
BrentCrude($/bl) 64.79 65.00 74.93 74.34
Gold($/oz) 1346 1327 1277 1278
Gold(Rs./10gm) 32918 32331 31911 30693
Source:ThomsonReutersEikon
*Asonprevioustradingday
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
19June2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
Bond yield fell as market sentiments were high ahead of the two‐day
Federal Reserve policy meeting. Traders and banks were found making
bond purchases in anticipation for further rally in bond prices.
Yield on the 10‐year benchmark paper (7.26% GS 2029) moved down 12
bps to close at 6.81% compared with the previous close of 6.93% after
trading in a range of 6.81% to 6.92%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 13,523 crore (gross) on Jun 18, 2019, compared
with Rs. 4,662 crore (gross) as on Jun 17, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 8,393
crore on Jun 17, 2019.
Banks borrowed Rs. 6,511 crore under the central bank’s Marginal
Standing Facility on Jun 17, 2019 compared to that of Rs. 2,055 crore
borrowed on Jun 14, 2019.
A National Association of Home Builders report showed U.S.
homebuilder confidence unexpectedly pulled back in Jun 2019. The
report said the NAHB/Wells Fargo Housing Market Index dropped to 64 in
Jun after jumping to 66 in May 2019.
Latest data from Eurostat showed euro zone inflation slowed sharply in
May 2019 to its lowest level in over a year and core price growth eased
below 1%. Inflation slowed to 1.2% in May from 1.7% in Apr 2019. The
latest inflation rate was the lowest since Apr last year, when it was at the
same level.
MarketsforYou
Nifty Jun 2019 Futures were at 11,700.50, a premium of 9.00 points,
above the spot closing of 11,691.50. The turnover on NSE’s Futures and
Options segment increased to Rs. 11,74,332.30 crore on Jun 18, 2019,
compared with Rs. 8,02,265.21 crore on Jun 17, 2019.
The Put‐Call ratio stood at 0.88 compared with the previous session’s
close of 0.86.
The Nifty Put‐Call ratio stood at 1.14 compared with the previous
session’s close of 1.09.
Open interest on Nifty Futures stood at 20.95 million, compared with
the previous session’s close of 20.92.
The Indian rupee strengthened against the greenback ahead of the U.S.
Federal Reserve policy meeting, which is expected to adopt policy easing
measures. The rupee closed at 69.70 a dollar, up 0.29% compared with the
previous close of 69.90.
The euro edged lower against the greenback after the European Central
Bank’s chief hinted at policy easing bets through policy rate cuts or asset
acquisition in case inflation does not come in around the target. The euro
was last seen trading at 1.1193, down 0.21% compared with the previous
close of 1.1217.
Gold prices inched up as greenback weakened ahead of the Federal
Reserve’s two‐day policy meeting.
Brent crude prices continued to move down on worries over economic
slowdown amid rising international trade disputes. This raised demand
concerns for oil.
Thank you for
your time.