FII Derivative Trade Statistics 23-Feb
(Rs Cr) Buy
Index Futures 5586.97 7333.08 11480.36
Index Options 103367.47 101282.77 45999.30
Stock Futures 30190.74 28503.59 69090.80
Stock Options 3310.97 3030.86 127.13
Total 142456.15 140150.30 126697.59
Put Call Ratio (OI) 1.43 1.12 0.32
Indian Debt Market
Put Call Ratio(Vol) 0.97 1.05 -0.09
23-Feb Wk. Ago Mth. Ago
Call Rate 5.90% 5.96% 5.89% 5.92%
CBLO 5.89% 4.96% 6.00% 5.79%
Repo 6.00% 6.00% 6.00% 6.25%
Reverse Repo 5.75% 5.75% 5.75% 5.75%
91 Day T-Bill 6.19% 6.32% 6.32% 6.08%
364 Day T-Bill 6.61% 6.56% 6.46% 6.21%
10 Year Gilt 7.67% 7.58% 7.25% 6.91%
G-Sec Vol. (Rs.Cr) 24927 23303 51143 35942
Currency Market Update
1 Month CP Rate 6.91% 6.87% 6.89% 6.55%
3 Month CP Rate 7.89% 7.89% 7.58% 6.86%
5 Year Corp Bond 7.98% 7.88% 7.78% 7.44%
1 Month CD Rate 6.25% 6.23% 6.25% 6.13%
3 Month CD Rate 7.24% 7.22% 7.16% 6.35%
1 Year CD Rate 7.52% 7.48% 7.44% 6.60%
Commodity Market Update
Currency 23-Feb Prev_Day
USD/INR 64.82 65.05 -0.22
GBP/INR 90.40 90.41 -0.01
EURO/INR 79.76 79.83 -0.07
JPY/INR 0.61 0.61 0.00
Commodity 23-Feb Wk Ago Mth. Ago
NYMEX Crude($/bl) 63.49 61.87 64.40 54.43
Brent Crude($/bl) 66.98 63.54 70.05 55.51
Gold( $/oz) 1329 1348 1341 1249
Gold(Rs./10 gm) 30390 30693 30058 29300
Source: ICRON Research
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent
third party sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted
that since Reliance Nippon Life Asset Management Company Limited (RNLAM) (formerly Reliance Capital Asset Management Limited) has not independently verified the accuracy or authenticity of
such information or data, or for that matter the reasonableness of the assumptions upon which such data and information has been processed or arrive data; RNLAM does not in any manner assures
the accuracy or authenticity of such data and information. Some of the statements & assertions contained in these materials may reflect RNLAM’s views or opinions, which in turn may have been
formed on the basis of such data or information. The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any
responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based upon the information provided herein, due
care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or solicitation for the
purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the
readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee,
their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on
account of lost profits arising from the information contained in this material.
Readers are requested to click here for ICRON disclaimer - http://www.icraonline.com/legal/standard-disclaimer.html
Derivative Statistics- Nifty Options
• Nifty Mar 2018 Futures were at 10,504.55 points, a premium of 13.50
points, over the spot closing of 10,491.05. The turnover on NSE’s
Futures and Options segment went down from Rs. 51,651.57 crore on
Feb 22 to Rs. 4,10,334.60 crore on Feb 23.
• The Put-Call ratio stood at 0.83 against previous close of 0.58.
• The Nifty Put-Call ratio stood at 1.43 against previous session’s close of
• India VIX moved down 4.25% to 14.2025 from 14.8325 in the previous
• Open interest on Nifty Futures stood at 20.73 million as against the
previous session’s close of 30.80 million.
• Bond yields fell today as investors resorted to value buying after five
consecutive sessions of decline.
• Yield on the 10-year benchmark paper (7.17% GS 2028) fell 8 bps to
close at 7.67% as against previous session’s close of 7.75%. During the
session, bond yields traded in the range of 7.67% and 7.76%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,605 crore (gross) on Feb 23 compared with
Rs. 4,760 crore on Feb 22. Sale of securities under Reserve Bank of
India’s (RBI) reverse repo window stood at Rs. 9,865 crore on Feb 22.
• Banks borrowed Rs. 175 crore under the central bank’s Marginal
Standing Facility on Feb 22 as against no borrowing on Feb 21.
• RBI conducted a 14-day variable rate repo auction for a notified
amount of Rs. 22,000 crore for which Rs. 5,500 crore was allotted at a
cut-off rate of 6.01%.
• The Indian rupee rose against the greenback following gains in the
domestic equity market. Selling of the greenback by state run banks
further boosted the domestic currency. The rupee rose 0.48% to close at
64.73 per dollar from the previous close of 65.04 per dollar.
• The euro weakened against the dollar as market participants remained
on the sidelines ahead of the outcome of the Italian general elections
due Mar 4, 2018. Euro fell 0.15% and was trading at $1.2310, from the
previous close of $1.2329.
• Gold prices traded low on stronger dollar after the U.S. Central Bank
indicated to raise the policy rates in gradually over the course of the
• Brent Crude prices rose after crude oil inventories fell by 1.6 million
barrels in the week ended Feb 16.
• A report from the labor department showed that U.S. initial jobless
claims fell to 222,000 for the week ended Feb 17, 2018, down 7,000
from the previous week's revised level of 229,000 (230,000 originally
reported). Continuing claims fell 73,000 to 1.875 million for the week
ended Feb 10, 2018.
• According to the minutes of the latest policy session in Jan 2018,
despite the increased confidence that inflation would move near its
target, policymakers at the European Central Bank (ECB) judged that it
was too early to change the policy stance. In the late January session,
ECB had kept all three interest rates and asset purchases unchanged,
and there was also no change in the forward guidance.