Sample daily Newsletter

Indices
India
Sensex
S&P CNX
Nifty
Global
DJIA
Nasdaq
Nikkei 225
Straits
Times
Hang Seng
FTSE 100

Dec 18

1D
%

1M
%

3M
%

16719.83

-1.03

-1.64

-0.13

4987.70

-1.07

-1.33

0.23

Dec 18

1D
%

1M
%

3M
%

10328.89
2211.69
10142.05

0.20
1.45
-0.21

-0.93
0.85
4.81

5.18
3.70
-2.20

2802.59

-0.38

2.10

5.84

21175.88
5196.81

-0.80
-0.40

-7.29
-2.72

-2.07
0.46

Nifty Top Out performers

Tata Motors
HCL Tech
Sun Pharma

3.05
2.01
1.06

Nifty Top Under performers

Unitech
Reliance
GAIL

-2.85
-2.64
-2.63

Advance Decline Ratio

BSE
Advances
Declines
Unchanged

Rs. Cr

NSE

1180
1650
85

415
865
48

FII Inv (Equity)

Dec 17

MF Inv (Equity)
Dec 17

2534.60
2045.50
489.10

NA
NA
NA

Buy
Sell
Net

FII Derivative Trade Statistics- Dec 17

(Rs cr)

Buy

Sell

Open
Interest

Index Futures

897.26

1313.55

14189.34

Index Options

2740.31

2663.33

40587.51

Stock Futures

1937.46

1948.17

25940.23

Stock Options

0.00

9.04

607.60

Debt Market Indicators

Call Rate
10 Yr Gilt
3-mth CP rate
5 yr Corp Bond
G-sec Volume (Rs Cr)

3.35%
7.60%
4.15%
8.33%
9705

Currencies Vs INR
Dec 18
USD
GBP
Euro
100 Yen

Commodity
Prices

NYMEX Crude
73.36
Oil ($/bbl)
16881
Gold (Rs / 10 gm)#
# NCDEX spot prices

Indian Debt

Inter-bank call money rate ended down at 3.25-3.35% on Friday compared with Thursday's close of
4.00-4.50% as demand for funds was low with banks meeting most of their reserve needs well
ahead of the Reporting Friday.

Gilt prices ended sharply down on Friday because sentiment was battered by lower-than-expected
auction results during the day.

The partial devolvement of the 2016 paper on primary dealers also affected sentiments for gilts.

Gilts also came under pressure due to heightened fear of immediate monetary action by the RBI
after news came in of RBI Governor meeting with the FM.

Bonds however recovered from their intraday lows after the FM tried to reassure markets saying the
meeting was a "routine exercise".

Gilt prices were also supported by government's mid-year review of the Indian economy, where it
said that higher inflation numbers were because of base effect and exit from benign interest rate
regime needed to be calibrated.

The 6.35% 2019 paper will now be considered as the 10-year benchmark as per market
participants, the paper closed at 7.5973% YTM on Friday vs. 7.5022% YTM on Thursday.

The previous benchmark viz., 6.90% 2019 paper closed the day at 7.7192% YTM vs. 7.6435% YTM
on Thursday.
Global Indices

Straits Times closed lower on Friday in subdued trading ahead of the Christmas holidays

Nikkei fell on Friday, as the announcement of stricter capital rules led banks lower while metal
stocks fell as the dollar's strength hit gold prices

Hang Seng fell to a three-week closing low on Friday, led by banks after tough new proposals by
banking regulators reignited fears about the health of the sector

FTSE index closed lower on Friday with banks drifting lower on concerns over regulations
suggested in Basel, which offset strength in some defensives

Dow Jones rose on Friday in choppy trade as quarterly results from Oracle and Research In Motion
lifted the market, but the US dollar's climb curbed the gains
Mutual Fund

Sundaram BNP Paribas MF files offer documents with SEBI for launching three- and five-year
capital protection oriented funds
Capital Market

ONGC makes gas discoveries in Kutch and Krishna-Godavari Basin

Shipping Corporation of India plans to buy a total of 37 vessels over the next couple of years, of
which 31 would be new ones

BSE to pay Re.1 per lakh of transaction value to the member who has placed a passive order in the
order book, and which gets matched with an opposite order in stock futures or index futures

SBI raises $100 mn through medium term notes

Regulatory

RBI and SEBI may come out with draft guidelines for additional currency pairs in the exchangetraded futures market in January
Economy

Govt releases mid-year review of economy says that the country is facing problem of rise in prices,
expects food prices to remain at elevated levels for now, though easy imports of some staples are
likely to bring in short-term relief
Government

The government will use the fast-track route provided by SEBI for the first time to raise about
Rs.11000cr through sale of shares in NTPC next month

46.88
75.98
67.35
51.92

Week
Ago

Indian Equity

Indian benchmark indices ended around 1% down on Friday in broad based selling with the S&P
CNX Nifty closing below the 5000 mark for the first time since November 27.

Only three out of the thirteen sectoral indices ended in the positive for the day.

BSE Healthcare was the biggest sectoral gainer on the BSE, up 1.32% on defensive buying.

Frontline IT stocks like HCL Technologies and TCS rose 2% and 1%, respectively, on

the recent strength in the US dollar.

Among other individual gainers, Tata Motors, up 3% on strong global November sales, was the top
gainer on Nifty.

Among losers, interest rate-sensitive shares were the worst hit on expectations a rate hike may be
on the cards due to inflation concerns.

Unitech, down nearly 3%, was the worst hit on Nifty, while among banks, Axis Bank, SBI, ICICI
Bank, UCO Bank, Vijaya Bank, and Andhra Bank fell 1-3% lower.

Other index majors that took a hit on sell-off were RIL, down 2.6%, HUL, which lost 2%, Bharti Airtel
down 2% and Infosys that bucked the otherwise firm trend in the IT sector to fall 1%.

Dec 17

46.72
75.78
67.36
52.28

Dec
18

21 December 2009

Month
Ago

Year
Ago

69.87

79.58

36.22

17250

17213

12912

International

Eurozone trade balance rose to a seasonally adjusted surplus of 6.3 bn in October from a revised
4.3 bn euros in September

Japans exports fell 6.2% to 5 trillion yen from a year earlier, the slowest pace of contraction in 14
months; in October, exports fell 23.2% on year

Dubai world is weighing two alternatives, including a full repayment option to pay back its debt
amounting to more than $20bn

Source: CRISIL
Disclaimer: CRISIL has taken due care and caution in compilation of data. Information has been obtained by CRISIL from sources it considers reliable. However, CRISIL does
not guarantee the accuracy, adequacy or completeness of the information and is not responsible for any errors or omissions or for the results obtained from the use of such
information. CRISIL is not responsible for any errors in data reproduction. CRISIL especially states that it has no financial liability whatsoever to the subscribers/ users/
transmitters/ distributors of this bulletin.