KEY HIGHLIGHTS:-

The 10-year government bond yield ended 1.18% higher at 7.175%, touched a high of 7.175% and low of 7.091%.US 10-year benchmark trades 0.08% higher at 2.387%.

The 6.79% G-sec maturing in 2027 closed lower at Rs. 97.4100 with its yield at 7.1717% and 6.97% G-sec maturing in 2026 ended at 98.4500 with its yield at 7.2099%

The overnight call money rates ended at 6.00% and moved in a range of 4.85% and 6.05%.

Rupee trades higher at 64.399 per dollars previous close of 64.483 per dollar. Gold trades at 28535/10gms and silver trades at 37158/kg.Crude oil trades at $57.99 per barrel vs. previous close of $57.31 per barrel. Oil prices settled higher amid supply disruptions after a major North Sea pipeline shut for repairs, while signs of rising US production capped gains in crude oil prices.

FPI stood net buyers in domestic debt market with gross purchases worth Rs 1039.19 cr and gross sales worth Rs. 963.96 cr.

The 30 share BSE Sensex was up 205.49 points to close at 33455.79 and the Nifty 50 gained 56.6 points to close at 10322.25.

FPI stood net buyers in domestic debt market with gross purchases worth Rs 1693.24 cr and gross sales worth Rs 741.59 cr.

The 30 share BSE Sensex was down 205.26 points to close at 32597.18 and the Nifty 50 rose 74.15 points to close at 10044.10.

 

FII/FPI  IN DEBT MARKET

DATE PURCHASES SALES NET(cr)
11 Dec 17 1039.19 963.96 75.23
08 Dec 17 898.50 551.8 -962.82

 

GLOBAL INDICES

INDEX 11th December 8th December %Chg
S&P BSE SENSEX 33455.79 33250.3 0.62%
NIFTY 50 10322.25 10265.65 0.55%
NASDAQ 6840.08 6812.84 0.40%
FTSE 100 7441.24 7393.96 0.64%

POLICY RATES

INSTRUMENT RATE
91days T-bill 6.1495%
182days T-bill 6.2665%
364days T-bill 6.2532%
6.79% GS2027 7.1717%
MIBOR 5.9500%

EXCHANGE RATES

RATE 11th December 10th December %Chg
INR/$ 64.399 64.483 -0.13%
EUR/INR 75.8895 75.858 0.04%
GBP/INR 86.066 86.317 -0.29%
JPY/INR 0.5678 0.5678 0.00%

 

DOMESTIC INDICATORS

INSTRUMENT RATES
10 yr bond yield as on 11th Dec 7.175%
1yr bond yield 6.439%
3yr bond yield 6.664%
US 10 yr benchmark yield 2.387%

 

G-SEC YIELDS

Securities Maturity 11th December Total  Amt          (Rs cr)
06.35 GS 2020 02/01/2020 6.5929% 60
07.68 GS 2023 15/12/2023 7.0585% 10
07.35 GS 2024 22/06/2024 7.1453% 15
08.33 GS 2026 09/07/2026 7.3567% 25
06.57 GS 2033 05/12/2033 7.4335% 75

COMMODITY

INSTRUMENTS 11th Dec 8th Dec %Chg
CRUDE OIL 57.99 57.31 1.19%
GOLD 28535 28492 0.15%
SILVER 37158 36469 1.89%

MONEY MARKET RATES AND VOLUME

Type Last Trade Volume as on 11th Dec(cr) Previous  day Volume(cr)
CALL        6.00 14066.10 30226.51
CBLO 6.05 118228.65 70757.80
REPO 5.80 50094.78 97632.11

Recommended Tax Free Bonds

Bond Name Maturity Coupon LTP YTM Volume(in 000’s) Rating
HUDCO 13 JAN 34 9.01% 1361.5 6.24% 0.04 AAA
IRFC NA 18 FEB 29 8.65% 1241 6.35% 0.24 AAA
NHAI NA 11 JAN 31 7.60% 1169.32 6.30% 4.56 AAA
HUDCO N5 16 FEB 28 7.51% 1169.99 6.10% 1.02 AAA

Recommended Taxable Bonds

Bond Name Maturity Coupon LTP YTM Volume(in 000’s)                       Rating
DHFCL NP 09 SEP 23 9.25% 1048.33 10.88% 0.445 AAA
IFCI NH 01 DEC 24 9.90% 1030 11.55% 0.75 AAA
DHFCL NC 16 AUG 26 9.30% 1064.62 10.41% 0.526 AA/STABLE
IIHFL N2 02 APR 20 12.00% 1078 13.40% 0.304 AA-

 DISCLOSURE IN PURSUANCE OF SECTION 19 OF SEBI (RA) REGULATION 2014

Elite Wealth Advisors Limited does/does not do business with companies covered in its research reports. Investors should be aware that the Elite Wealth Advisors Limited may/may not have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as read more


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