13 Aug 2018
Markets for You
Global Indices
Global Indices 10-Aug Prev_Day Abs. Change
% Change
#
Dow Jones 25,313 25,509 -196 -0.77
Nasdaq 7,839 7,892 -53 -0.67
FTSE 7,667 7,742 -75 -0.97
Nikkei 22,298 22,598 -300 -1.33
Hang Seng 28,367 28,607 -241 -0.84
Indian Indices 10-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 37,869 38,024 -155 -0.41
Nifty 50 11,430 11,471 -41 -0.36
Nifty 100 11,707 11,756 -49 -0.42
Nifty Bank 28,124 28,320 -196 -0.69
SGX Nifty 11,432 11,488 -57 -0.49
S&P BSE Power 1,988 2,008 -20 -0.99
S&P BSE Small Cap 16,784 16,917 -133 -0.78
S&P BSE HC 14,254 14,403 -150 -1.04
Date P/E Div. Yield P/E Div. Yield
10-Aug 24.23 1.16 27.83 1.18
Month Ago 23.17 1.21 27.05 1.19
Year Ago 23.62 1.25 25.06 0.98
Nifty 50 Top 3 Gainers
Company 10-Aug Prev_Day
% Change
#
Eicher Motors 28998 27439 5.68
BPCL 402 389 3.25
HPCL 286 280 2.03
Nifty 50 Top 3 Losers Domestic News
Company 10-Aug Prev_Day
% Change
#
SBI 304 317 -4.08
GAIL 363 376 -3.36
Sun Pharma 554 571 -3.05
Advance Decline Ratio
BSE NSE
Advances 1021 622
Declines 1707 1183
Unchanged 132 88
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -1408
MF Flows** 72753
*10
th
Aug 2018; **7
th
Aug 2018
Economic Indicator
YoY(%) Current Year Ago
CPI
5.00%
(Jun-18)
1.46%
(Jun-17)
IIP
7.00%
(Jun-18)
-0.30%
(Jun-17)
GDP
7.70%
(Mar-18)
6.10%
(Mar-17)
13 August 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
5.30%
(Mar-18)
7.00%
(Dec-17)
Quarter Ago
Inflow/Outflow
15
414
4.28%
(Mar-18)
Indian equity markets ended the week in red as key benchmark indices
came down from the record highs. Lustreless global cues made investors
book profit. Trade dispute between U.S. and China kept global investors
concerned. Investors also remained cautious over the release of IIP data
after market hours.
Key benchmark indices S&P BSE Sensex and Nifty 50 fell 0.41% and
0.36% to close at 37,869.23 and 11,429.50, respectively. S&P BSE Mid-Cap
and S&P BSE Small Cap fell 0.80% and 0.78%, respectively.
The overall market breadth on BSE was weak with 1021 scrips advancing
and 1707 scrips declining. A total of 132 scrips remained unchanged.
On the BSE sectoral front S&P BSE Consumer Durables stood as the
major gainer, up 0.79% followed by S&P BSE Information Technology that
grew 0.5%. S&P BSE Teck and S&P BSE Auto grew 0.34% and 0.26%. The
major losers were S&P BSE Realty and S&P BSE Oil and Gas, falling 0.15%
and 0.25%.
Government data showed that the growth of index of industrial
production (IIP) grew to a 5-month high of 7.0% in Jun 2018 from a
revised 3.90% (3.20% originally reported) in the previous month. In the
year-ago period, IIP had seen a decline of 0.3%. The growth of IIP from
Apr to Jun grew to 5.2% from 1.9% in the same period of the previous
year. The manufacturing sector grew to 6.9% in Jun from a decline of 0.7%
in in the same month of the previous year.
According to Society of Indian Automobile Manufacturers (SIAM) data,
domestic passenger vehicle sales decreased 2.71% to 2,90,960 units in Jul
2018 compared with 2,99,066 units in the year-ago period. Domestic car
sales came down slightly to 1,91,979 units in Jul against 1,92,845 in the
same period previous year. Motorcycle sales increased 9.67% to
11,50,995 units in Jul against 10,49,478 units in the year-ago period. Total
two-wheeler sales in the month increased 8.17% to 18,17,077 units from
16,79,876 units. Vehicle sales across categories posted an increase of
7.97% to 22,44,875 units from 20,79,204 units in Jul 2017.
Fertiliser maker IFFCO has entered into a joint venture with Spain’s
Congelados De Navarra. The two will set up a food processing plant at
Ludhiana, Punjab, at an investment of Rs. 325 crore. This will be IFFCO’s
entry into the food processing sector. Congelados De Navarra is a $220
million company into processing of vegetables, fruits, herbs and ready-
made pre-cooked dishes.
Spanish furniture maker Ikea’s Indian arm has opened a 400,000-square-
foot store at Hyderabad. Ikea opened its first store after studying the
country for 12 years. The company will open more outlets in Mumbai,
Bengaluru and New Delhi soon. It aims to open 25 stores in the country by
2025.
Flipkart plans to expand ‘Supermart’, its online grocery service, to 5-6
big Indian cities by the end of 2018. The company is trying to get a
foothold among players like BigBasket, Grofers and Amazon India. Right
now the service is available only at Bengaluru. This comes in the wake of
Competition Commission clearing Walmart’s proposal to acquire 77%
stake in Flipkart.
Markets for You
Asian markets came under pressure as trade tensions between U.S. and
China continued to irk investors. U.S. fresh sanctions on Russia and
differences with Turkey added to the woes. Meanwhile, tech stocks
gained in China as the country overhauled a national leadership group
that is entrusted with planning and studying technological development
strategies. Today (as of Aug 13), Asian markets opened lower as
geopolitical concern after decline in Turkish lira weighed on the market
sentiments. Both Nikkei and Hang Seng were trading down 1.26% and
1.36%, respectively (as at 8.a.m. IST).
As per the last close, European markets closed lower following concerns
over global trade and the banking crisis in Turkey after European Central
Bank raised concerns over the impact of weak Turkish lira on European
banks.
As per the last close, U.S markets closed lower following concerns about
rising tensions between the U.S. and Turkey.
FII Derivative Trade Statistics 10-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 1725.85 2008.19 28303.31
Index Options 99449.75 98849.54 58773.38
Stock Futures 12167.43 11608.50 84972.14
Stock Options 8417.43 8528.15 9947.80
Total 121760.46 120994.38 181996.63
10-Aug Prev_Day
Change
Put Call Ratio (OI) 1.75 1.80 -0.04
Indian Debt Market
Put Call Ratio(Vol) 1.24 1.23 0.01
10-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 6.37% 6.37% 6.15% 5.86%
CBLO 6.40% 5.21% 6.24% 5.94%
Repo 6.50% 6.50% 6.25% 6.00%
Reverse Repo 6.25% 6.25% 6.00% 5.75%
91 Day T-Bill 6.69% 6.76% 6.40% 6.12%
364 Day T-Bill 7.21% 7.25% 7.11% 6.19%
10 Year Gilt 7.75% 7.76% 7.90% 6.49%
G-Sec Vol. (Rs.Cr) 45273 28593 15049 45135
Currency Market Update
FBIL MIBOR 6.55% 6.46% 6.26% 6.00%
3 Month CP Rate 7.50% 7.60% 7.15% 6.56%
5 Year Corp Bond 8.61% 8.64% 8.86% 7.40%
1 Month CD Rate 6.62% 6.69% 6.32% 6.12%
3 Month CD Rate 7.18% 7.03% 6.77% 6.19%
1 Year CD Rate 8.02% 7.96% 8.10% 6.49%
Commodity Market Update
Currency 10-Aug Prev_Day
Change
USD/INR 68.95 68.62 0.33
GBP/INR 88.19 88.35 -0.16
EURO/INR 79.00 79.63 -0.63
International News
JPY/INR 0.62 0.62 0.00
Commodity 10-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 67.56 68.44 74.06 48.49
Brent Crude($/bl) 70.19 73.12 77.41 52.95
Gold( $/oz) 1211 1213 1255 1286
Gold(Rs./10 gm) 29477 29428 30399 28901
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
13 August 2018
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Nifty August 2018 Futures closed at 11,439.25, a premium of 9.75
points, above the spot closing of 11,429.50. The turnover on NSE’s
Futures and Options segment reduced to Rs. 5,53,971.86 on Aug 10
compared with Rs. 16,70,334.12 on Aug 9.
The Put-Call ratio stood at 0.99 against previous session’s close of 0.97.
The Nifty Put-Call ratio stood at 1.75 compared with the previous
session’s close of 1.80.
Open interest on Nifty Futures stood at 29.90 million as against the
previous session’s close at 29.67 million.
Bond yields closed almost steady following fresh supply of government
bonds worth around Rs. 12,000 crore. The yield was also impacted by a
weak rupee that fell for the second consecutive day on account of the
rising U.S.-China trade tension, leading market participant to resort to
cautious trading.
Yield on the 10-year benchmark paper (7.17% GS 2028) stayed steady
at 7.75% as against its previous close. During the session, bond yields
traded in the range of 7.73% and 7.76%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,841 crore (gross) on Aug 10, compared with
Rs. 19,480 crore (gross) borrowed on Aug 9. Sale of securities under the
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 8,593
crore on Aug 9.
Banks did not borrow under the central bank’s Marginal Standing
Facility on Aug 9. On Aug 8, it borrowed Rs. 1,723 crore.
The rupee declined against the greenback for the second straight day.
Renewed trade tension between U.S. and China continued to weigh on
the local currency.
The euro saw a steep fall against the greenback following a report on
the European Central Bank’s rising apprehension on banks in Spain, Italy
and France that have exposure to Turkish lira, which has been tumbling
with the escalating U.S.-Turkey conflict.
Gold prices edged up following the European Central Bank’s increasing
concern on banks in Spain, Italy and France that have exposure to the
Turkish lira.
Brent crude prices went up as the IEA increased its projection for
global oil demand growth for 2019 to 1.5 million barrels.
According to a report from the Labor Department, consumer price
index (CPI) in the U.S. increased by 0.2% in Jul 2018 after inching up by
0.1% in Jun 2018. The increase in prices matched economist estimates.
Excluding food and energy prices, core consumer price index also edged
up 0.2% in Jul, matching the increases seen in the two previous months
as well as expectations.
According to a report released by the Commerce Department,
wholesale inventories in the U.S. increased slightly in Jun 2018.
Wholesale inventories inched up 0.1% in Jun after rising 0.3% in May
2018. Expectations were for wholesale inventories to stay unchanged.
The increase was because of 0.8% rise in inventories of durable goods in
May.
Markets for You
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