13 Apr 2018
Markets for You
Global Indices
Global Indices 12-Apr Prev_Day Abs. Change
% Change
#
Dow Jones 24,483 24,189 294 1.21
Nasdaq 7,140 7,069 71 1.01
FTSE 7,258 7,257 1 0.02
Nikkei 21,660 21,687 -27 -0.12
Hang Seng 30,831 30,898 -66 -0.21
Indian Indices 12-Apr Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 34,101 33,940 161 0.47
Nifty 50 10,459 10,417 42 0.40
Nifty 100 10,860 10,826 34 0.32
Nifty Bank 25,195 25,098 97 0.39
SGX Nifty 10,497 10,396 101 0.97
S&P BSE Power 2,193 2,202 -9 -0.43
S&P BSE Small Cap 17,935 17,983 -49 -0.27
S&P BSE HC 13,604 13,703 -99 -0.73
Date P/E Div. Yield P/E Div. Yield
12-Apr 23.44 1.15 25.96 1.23
Month Ago 23.42 1.16 25.44 1.25
Year Ago 22.63 1.36 23.33 1.25
Nifty 50 Top 3 Gainers
Company 12-Apr Prev_Day
% Change
#
HCL Tech 1010 967 4.42
TCS 3139 3014 4.15
Infosys 1163 1124 3.41
Nifty 50 Top 3 Losers Domestic News
Company 12-Apr Prev_Day
% Change
#
Vedanta Limited 289 297 -2.73
Lupin 773 790 -2.06
Dr.Reddy 2061 2101 -1.91
Advance Decline Ratio
BSE NSE
Advances 1116 741
Declines 1563 1042
Unchanged 138 78
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 12845
MF Flows** 38224
*12
th
Apr 2018; **11
th
Apr 2018
Economic Indicator
YoY(%) Current Year Ago
WPI
2.48%
(Feb-18)
5.51%
(Feb-17)
IIP
7.10%
(Feb-18)
0.80%
(Feb-17)
GDP
7.20%
(Dec-17)
6.80%
(Dec-16)
13 April 2018
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
Nifty
8.50%
(Nov-17)
6.50%
(Sep-17)
Quarter Ago
Inflow/Outflow
-6
444
4.02%
(Nov-17)
Indian equity markets closed modestly higher despite lingering concerns
over a possible U.S. missile strike on Syria. Gains in information
technology stocks ahead of earnings of an industry major on Apr 13
boosted the indices. Additionally, investors were optimistic ahead of the
release of consumer inflation data for Mar 2018 and industrial production
data for Feb 2018 post market hours.
Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.47% and
0.40% to close at 34,101.13 and 10,458.65, respectively. S&P BSE Mid-Cap
and S&P BSE Small-Cap fell 0.13% and 0.27%, respectively.
The overall market breadth on BSE was weak with 1,563 scrips declining
and 1,116 scrips advancing. A total of 138 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Realty was the major loser, down
1.82%, followed by S&P BSE Metal that fell 1.41%. S&P BSE Telecom and
S&P BSE Healthcare fell 0.82% and 0.73% respectively. Among the gainers,
S&P BSE Information Technology was the major gainer, up 3.18%,
followed by S&P BSE Teck that grew 2.49%. S&P BSE Bankex and S&P BSE
Finance grew 0.35% and 0.23%, respectively.
The Consumer Price Index (CPI)-based inflation or retail inflation grew
4.28% in Mar 2018, down from 4.44% in the previous month and up from
3.89% in the same month of the previous year. CPI inflation eased for the
third consecutive month and marked a 5-month low, reflecting decline in
prices of pulses and products, sugar and confectionery and spices by
13.41%, 1.61% and 0.07%, respectively. However, the retail inflation
growth remained above the Reserve Bank of India’s medium-term target
of 4% for the fifth consecutive month. The Consumer Food Price Index
also grew 2.81% in Mar 2018, down from 3.26% in the previous month
and up from 2.01% in the same month of the previous year.
India’s Index of Industrial Production (IIP) grew 7.1% in Feb 2018 as
against downwardly revised growth of 7.4% (7.5% originally reported) in
Jan 2018 and 1.2% in the same period of the previous year. The
manufacturing sector surged 8.7% in Feb from 0.7% growth in the same
period of the previous year. However, IIP growth for the Apr 2017-Feb
2018 period slowed to 4.3% from 4.7% in the same period of the previous
fiscal.
Air India witnessed 11% growth in revenue and 80% growth in
passenger load factor in FY18 as airline's fiscal and performance
parameters were good in the last financial year. However, the
government is in process of disinvesting 76% of its stake.
The Reserve Bank of India has imposed fine of Rs. 3 crore on IDBI Bank
for not complying the Income Recognition and Asset Classification (IRAC)
norms.
Vedanta has signed a deal with Odisha Mining Corporation (OMC) for
supply of bauxite to its struggling plant. Vedanta is now expected to get
0.8 million tonnes of bauxite from the OMC in FY19 at Rs. 700 to Rs. 800
per tonne cheaper compared with the landed cost of bauxite at the
Lanjigarh plant site.
Markets for You
Asian markets fell on growing geopolitical tensions between the U.S.
and Syria and hawkish statements from the U.S. Federal Reserve. Stronger
yen and negative cues from overnight U.S. markets further dented
sentiments. Investors also remained on the sidelines ahead of U.S.
corporate earnings season. Today (As of Apr 13), Asian markets opened in
green following gains in the U.S. Wall Street after geopolitical concern
eased. Both Nikkei and Hang seng grew 0.95% and 0.52%, respectively (as
at 8.a.m. IST).
As per the last close, European markets ended higher amid easing
concerns about an attack on Syria post comments from the U.S. President.
Gains in a British hedge fund further boosted the indices.
As per the last close, U.S markets ended higher amid easing geopolitical
concerns after the U.S. President clarified his position on a possible missile
attack in Syria stating that the attack could be soon or not so soon at all.
Gains in banking stocks ahead of strong earnings expectations boosted
the indices.
FII Derivative Trade Statistics 12-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 2015.52 1395.47 16353.69
Index Options 78229.33 77678.17 64929.20
Stock Futures 8444.62 8645.83 78497.69
Stock Options 5399.28 5319.16 5851.95
Total 94088.75 93038.63 165632.53
12-Apr Prev_Day
Change
Put Call Ratio (OI) 1.61 1.50 0.11
Indian Debt Market
Put Call Ratio(Vol) 1.32 1.12 0.20
12-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 5.84% 5.91% 5.86% 5.93%
CBLO 5.81% 5.74% 5.77% 5.92%
Repo 6.00% 6.00% 6.00% 6.25%
Reverse Repo 5.75% 5.75% 5.75% 6.00%
91 Day T-Bill 6.03% 6.09% 6.24% 5.95%
364 Day T-Bill 6.45% 6.42% 6.57% 6.18%
10 Year Gilt 7.47% 7.13% 7.63% 6.78%
G-Sec Vol. (Rs.Cr) 38257 77712 29752 42094
Currency Market Update
1 Month CP Rate NA NA 7.79% 6.44%
3 Month CP Rate 6.90% 6.80% 7.79% 6.73%
5 Year Corp Bond 8.16% 7.82% 8.07% 7.50%
1 Month CD Rate 6.42% 6.21% 7.08% 6.13%
3 Month CD Rate 6.68% 6.67% 7.04% 6.36%
1 Year CD Rate 7.27% 7.21% 7.41% 6.65%
Commodity Market Update
Currency 12-Apr Prev_Day
Change
USD/INR 65.35 65.13 0.22
GBP/INR 92.70 92.52 0.19
EURO/INR 80.80 80.59 0.21
International News
JPY/INR 0.61 0.61 0.00
Commodity 12-Apr Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 67.02 63.52 61.34 53.07
Brent Crude($/bl) 71.68 65.18 64.52 54.44
Gold( $/oz) 1335 1326 1323 1286
Gold(Rs./10 gm) 31013 30491 30271 29140
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
13 April 2018
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Nifty Apr 2018 Futures were at 10,465.00 points, a premium of 6.35
points, over the spot closing of 10,458.65. The turnover on NSE’s Futures
and Options segment went up from Rs. 7,34,207.42 crore on Apr 11 to
Rs. 13,58,258.11 crore on Apr 12.
The Put-Call ratio remained unchanged from the previous session’s
close of 0.90.
The Nifty Put-Call ratio stood at 1.61 against the previous session’s
close of 1.50.
Open interest on Nifty Futures stood at 26.49 million as against the
previous session’s close of 25.41 million.
Bond yields fell as investors resorted to value buying following the
recent decline in bond prices due to higher crude oil prices.
Yield on the 10-year benchmark paper (7.17% GS 2028) fell 7 bps to
close at 7.47% from the previous close of 7.54%. During the session,
bond yields traded in the range of 7.44% and 7.55%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 2,760 crore (gross) on Apr 12 compared with
Rs. 3,810 crore on Apr 11. Sale of securities under Reserve Bank of
India’s (RBI) reverse repo window stood at Rs. 39,604 crore on Apr 11.
Banks borrowed Rs. 1 crore under the central bank’s Marginal
Standing Facility on Apr 11 compared with Rs. 600 crore borrowing on
Apr 10.
The Indian rupee rose against the U.S. dollar following strong increase
in domestic equity market and greenback sales from state-run banks.
However, gains almost reversed due to rally in global crude oil prices.
The rupee rose 0.08% to close at 65.26 per dollar from the previous
close of 65.31.
After rising in the last four consecutive sessions, euro fell against the
U.S. dollar as the threat of a clash between Western powers and Russia
in Syria appeared to ebb. Euro was trading at $1.2316 compared with
the previous close of $1.2365.
Gold prices moved down on stronger dollar against the euro.
Brent crude prices moved up as U.S. crude stockpiles rose by 3.306
million barrels for the week ended Apr 6 and crude oil production hit a
fresh record of 10.53 million barrels per day (bpd) during the same
period.
According to the Labor Department, initial jobless claims in the U.S.
dropped by 9,000 to 233,000 in the week ended Apr 7 from the previous
week's unrevised level of 242,000.
The Labor Department revealed U.S. import prices remained steady in
Mar 2018 compared with the rise of 0.3% in Feb 2018. Export prices rose
0.3% in Mar 2018, higher than 0.2% increase in the prior month.
Eurostat showed industrial production in the euro zone unexpectedly
dropped 0.8% MoM in Feb 2018, better than 0.6% fall in Jan 2018. It was
the third straight fall in output. Among sectors, capital goods output
plunged 3.6%, followed by a 2.1% drop in durable consumer goods
output.
Markets for You
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