29 Aug 2018
Markets for You
Global Indices
Global Indices 28-Aug Prev_Day Abs. Change
% Change
#
Dow Jones 26,064 26,050 14 0.06
Nasdaq 8,030 8,018 12 0.15
FTSE 7,617 Closed NA NA
Nikkei 22,813 22,800 14 0.06
Hang Seng 28,352 28,271 80 0.28
Indian Indices 28-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,897 38,694 203 0.52
Nifty 50 11,739 11,692 47 0.40
Nifty 100 12,028 11,989 39 0.32
Nifty Bank 28,270 28,264 5 0.02
SGX Nifty 11,802 11,766 36 0.30
S&P BSE Power 2,099 2,090 9 0.44
S&P BSE Small Cap 17,043 16,982 61 0.36
S&P BSE HC 15,533 15,556 -23 -0.15
Date P/E Div. Yield P/E Div. Yield
28-Aug 25.06 1.14 28.66 1.15
Month Ago 23.47 1.18 28.02 1.19
Year Ago 23.76 1.23 25.61 0.94
Nifty 50 Top 3 Gainers
Company 28-Aug Prev_Day
% Change
#
Hindalco 239 230 3.80
Adani Ports & SEZ 387 379 2.19
RIL 1319 1292 2.13
Nifty 50 Top 3 Losers Domestic News
Company 28-Aug Prev_Day
% Change
#
GAIL 364 383 -4.98
Yes Bank 371 383 -3.24
Ambuja Cem 236 242 -2.19
Advance Decline Ratio
BSE NSE
Advances 1157 750
Declines 1542 1050
Unchanged 174 95
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -1352
MF Flows** 76557
*28
th
Aug 2018; **27
th
Aug 2018
Economic Indicator
YoY(%) Current Year Ago
CPI
4.17%
(Jul-18)
2.36%
(Jul-17)
IIP
7.00%
(Jun-18)
-0.30%
(Jun-17)
GDP
7.70%
(Mar-18)
6.10%
(Mar-17)
29 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
Sensex
5.30%
(Mar-18)
7.00%
(Dec-17)
Quarter Ago
Inflow/Outflow
739
436
4.58%
(Apr-18)
Commerce and industry minister wants exports to grow 20% in FY19
and double by 2025. In this pursuit, he has asked traders to make
strategies to bring in foreign exchange and solidify India’s
competitiveness internationally. Exports increased 9.78% to $302.84
billion in FY18 and in Apr-Jul of FY19 exports went up 14.23%.
According to a commerce department study, India can benefit from the
U.S.-China trade war in the commodities space. The study has identified
around 100 products where India can take the place of U.S. exports to
China. Beijing has imposed higher import duty on products from the
U.S. India can benefit in cotton, corn, almonds, wheat and sorghum,
according to the study. Fresh grapes, cotton linters, fluecured tobacco,
lubricants and a few chemicals, are some lines where the U.S. exports to
China are more than $10 million.
NITI Aayog will review the progress of standardisation and
indigenisation of Metro rail systems across the country. According to the
Ministry of Housing and Urban Affairs, this will help promote the 'Make-
in India' initiative. The ministry has standardised provisions of rolling
stock, telecom systems and signalling for Metro rails.
Maharashtra traders shun farm auctions opposing the Maharashtra
cabinet’s suggestion of one-year jail term and Rs. 50,000 fine on traders
who purchase crops below minimum support price (MSP), traders and
commission agents of a few Maharashtra farm markets have stopped
buying agricultural produce.
Markets for You
Asian equity markets mostly rose as trade war worries retreated. The
U.S. and Mexico reached a preliminary trade pact that made investors
take a sigh of relief. The U.S. President also hinted that the country
would begin negotiations with Canada. These are steps towards
preserving the three-nation agreement. China markets lost ground as
investors awaited factory PMI data. Today (as of Aug 29), Asian markets
opened on a mixed note as investors remained focused towards NAFTA
talks. Nikkei grew 0.27% and Hangseng fell 0.10% (as at 8.a.m. IST).
As per the last close, European markets closed on a mixed note.
Continued optimism over U.S. and Mexico trade deal boosted the
indices. However, gains in euro weighed on shares of exporters, thereby
negatively impacting the indices.
As per the last close, U.S markets closed on a higher note on continued
positive reaction over last day’s report of preliminary trade agreement
between U.S. and Mexico. However, uncertainty about the outlook for
markets following strength in recent sessions weighed on the indices.
Indian equity markets extended their good show on positive global
cues. Major markets gained as investors took a sigh of relief on receding
trade war worries. The U.S. and Mexico reached a preliminary trade pact
and the U.S. President hinted that the country would begin negotiations
with Canada. These raised hopes of the North American Free Trade
Agreement being taken a relook.
Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.52% and
0.40% to close at 38,896.63 and 11,738.50, respectively. S&P BSE Mid-
Cap lost 0.35% and S&P BSE Small Cap gained 0.36%.
The overall market breadth on BSE was weak with 1157 scrips
advancing and 1542 scrips declining. A total of 174 scrips remained
unchanged.
On the BSE sectoral front, S&P BSE Metal stood as the major gainer, up
1.89% followed by S&P BSE Energy that grew 1.16%. S&P BSE Basic
Materials and S&P BSE Auto grew 0.71% and 0.57%. S&P BSE Information
Technology and S&P BSE Power grew 0.44% both.
FII Derivative Trade Statistics 28-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 6068.96 5411.96 33805.23
Index Options 71706.66 72234.77 70981.30
Stock Futures 23549.84 22692.80 89885.01
Stock Options 8406.67 8326.03 12167.26
Total 109732.13 108665.56 206838.80
28-Aug Prev_Day
Change
Put Call Ratio (OI) 1.94 1.85 0.10
Indian Debt Market
Put Call Ratio(Vol) 1.14 1.13 0.01
28-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 6.35% 6.42% 6.14% 5.86%
CBLO 6.38% 6.47% 6.21% 5.82%
Repo 6.50% 6.50% 6.25% 6.00%
Reverse Repo 6.25% 6.25% 6.00% 5.75%
91 Day T-Bill 6.77% 6.81% 6.70% 6.13%
364 Day T-Bill 7.28% 7.29% 7.23% 6.22%
10 Year Gilt 7.90% 7.83% 7.78% 6.57%
G-Sec Vol. (Rs.Cr) 26760 26516 18953 44543
Currency Market Update
FBIL MIBOR 6.46% 6.50% 6.27% 6.00%
3 Month CP Rate 7.80% 7.75% 7.50% 6.55%
5 Year Corp Bond 8.69% 8.62% 8.66% 7.38%
1 Month CD Rate 6.62% 6.54% 6.88% 6.05%
3 Month CD Rate 7.30% 7.18% 7.33% 6.18%
1 Year CD Rate 8.00% 8.03% 7.99% 6.50%
Commodity Market Update
Currency 28-Aug Prev_Day
Change
USD/INR 70.17 70.04 0.13
GBP/INR 90.33 89.95 0.37
EURO/INR 81.93 81.30 0.62
International News
JPY/INR 0.63 0.63 0.00
Commodity 28-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 68.49 67.27 68.61 46.35
Brent Crude($/bl) 75.90 70.84 75.48 52.11
Gold( $/oz) 1201 1196 1223 1310
Gold(Rs./10 gm) 30097 29529 29722 29140
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 August 2018
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Bond yields inched up as increase in global crude oil prices weighed on
the market sentiment. Global crude oil prices rose amid risks of supply
disruptions from places such as Venezuela, Africa and Iran.
Yield on the 10-year benchmark paper (7.17% GS 2028) rose 1 bps to
close at 7.90% from the previous closing of 7.89% after trading in a
range of 7.89% to 7.92%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 5,151 crore (gross) on Aug 28 compared to a
borrowing of Rs. 3,948 crore on Aug 27. Sale of securities under the
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 22,594
crore on Aug 27.
Banks borrowed Rs. 202 crore under the central bank’s Marginal
Standing Facility on Aug 27 compared to that of Aug 24 when banks
borrowed Rs. 30 crore.
According to the European Central Bank, eurozone monetary
aggregate growth was slow in Jul 2018. The broad monetary aggregate
M3 went up 4% annually, slower than the 4.5% increase in Jun 2018.
This was slower than expectations of 4.3% growth.
Census and Statistics Department data showed Hong Kong's foreign
trade deficit went up considerably in Jul 2018 from a year ago. Trade
deficit rose to HK$47.1 billion in Jul from HK$29.6 billion in the same
month last year. However, the shortfall narrowed from HK$54.1 billion
in Jun 2018.
Markets for You
Nifty August 2018 Futures closed at 11,752.45, a premium of 13.95
points, above the spot closing of 11,738.50. The turnover on NSE’s
Futures and Options segment increased to Rs. 9,93,882.37 on Aug 28
compared with Rs. 7,83,115.45 on Aug 27.
The Put-Call ratio stood at 0.99 against previous session’s close of 1.01.
The Nifty Put-Call ratio stood at 1.94 compared with the previous
session’s close of 1.85.
India VIX decreased 2.04% to 12.4875 from 12.2375 in the previous
trading session.
Open interest on Nifty Futures stood at 34.65 million as against the
previous session’s close at 35.29 million.
The rupee inched up against the greenback following selling of the U.S.
dollar by banks. However, month end dollar demand from oil importers
restricted further losses. The rupee rose 0.09% to close at 70.10
compared to the previous close of 70.16.
The euro rose against the greenback as investor’s sentiment was
boosted after U.S. and Mexico reached a deal on terms to replace the
North American Free Trade Agreement. Euro was last seen trading at
$1.1723, up 0.39% against the previous close of $1.1677.
Gold prices gained on weaker dollar and persistent U.S.-China trade
tensions.
Brent crude prices got support after the monitoring committee of the
OPEC ndicated that the oil producing countries are maintaining their
compliance to reduce oil production.
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your time.