29 May 2018
Markets for You
Global Indices
Global Indices 28-May Prev_Day Abs. Change
% Change
#
Dow Jones Closed 24,753 NA NA
Nasdaq Closed 7,434 NA NA
FTSE Closed 7,730 NA NA
Nikkei 22,481 22,451 30 0.13
Hang Seng 30,792 30,588 204 0.67
Indian Indices 28-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 35,165 34,925 241 0.69
Nifty 50 10,689 10,605 84 0.79
Nifty 100 11,034 10,934 100 0.91
Nifty Bank 26,614 26,274 341 1.30
SGX Nifty 10,671 10,603 68 0.64
S&P BSE Power 2,135 2,109 26 1.25
S&P BSE Small Cap 17,426 17,151 274 1.60
S&P BSE HC 13,319 13,044 275 2.11
Date P/E Div. Yield P/E Div. Yield
28-May 23.14 1.14 27.23 1.20
Month Ago 23.71 1.13 26.54 1.20
Year Ago 22.91 1.29 24.32 1.19
Nifty 50 Top 3 Gainers
Company 28-May Prev_Day
% Change
#
Sun Pharma 500 466 7.13
HPCL 313 295 6.06
BPCL 402 381 5.64
Nifty 50 Top 3 Losers Domestic News
Company 28-May Prev_Day
% Change
#
Tech Mahindra 675 703 -3.91
Power Grid 207 212 -2.41
HCL Tech 895 916 -2.35
Advance Decline Ratio
BSE NSE
Advances 1843 1295
Declines 848 508
Unchanged 169 67
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -1020
MF Flows** 56282
*28
th
May 2018; **23
rd
May 2018
Economic Indicator
YoY(%) Current Year Ago
CPI
4.58%
(Apr-18)
2.99%
(Mar-17)
IIP
4.40%
(Mar-18)
4.10%
(Mar-17)
GDP
7.20%
(Dec-17)
6.80%
(Dec-16)
29 May 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
7.10%
(Dec-17)
6.50%
(Sep-17)
Quarter Ago
Inflow/Outflow
760
-2047
5.07%
(Jan-17)
The Ministry of Finance is planning to build up a fund under the National
Investment and Infrastructure Fund (NIIF). The fund will be dedicated for
strategic investments. The NIIF plans to raise Rs. 8,000 crore from various
sources to fund projects worth Rs. 16,000 crore for the current fiscal.
According to Confederation of Indian Industry (CII), Indian economy is
expected to grow at 7.3% - 7.7% in FY19. As per the industry body,
sustained structural reforms, recovery in global markets and a normal
monsoon has led to rebound in the country's economy. These factors
have made businesses across several key sectors witness firm growth
trends.
The Central Board of Indirect Taxes and Customs (CBIC) has directed its
field offices to levy goods and service tax (GST) on goods in customs
warehouse during final clearance only. This move will ensure ease of
doing business for importers.
The trustees of Employees' Provident Fund Organisation (EPFO), in its
meeting on Feb 21, had decided to reduce the administrative charges to
0.50% from 0.65% of total wage paid by employers following expanding
business and high recovery of such fees. The decision has now been
notified and will be effective from Jun 1. Post this move, 5 lakh employers
altogether will save around Rs. 900 crore annually.
The Prime Minister of India announced that under its initiative the
government has distributed 10 crore LPG connections including 4 crore
free connections to poor women in last four years. However, only 13 crore
LPG connections were distributed in six decades since independence.
Meanwhile, the government also launched Pradhan Mantri Ujjwala Yojana
in May 2016 that aims to provide 5 crore free cooking gas connections to
poor women in next three years.
As per media reports, oil ministry has provided in-principle approval to
petrol and diesel futures, however, the final decision will be taken by the
Securities and Exchange Board of India (SEBI). Meanwhile, ICEX (Indian
Commodity Exchange) has requested SEBI's approval to launch petrol,
diesel futures.
Markets for You
Indian Equity markets closed on a positive note following decline in oil
prices and strengthening of rupee. Fall in oil prices reflected
announcement by Saudi Arabia and Russia of an increase in supply. On the
global front, reports that U.S. and North Korea were focusing towards
holding a summit helped improve investor sentiment.
Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.69% and
0.79% to close at 35,165.48 and 10,688.65, respectively. S&P BSE Mid-Cap
and S&P BSE Small-Cap grew 1.35% and 1.60%, respectively.
The overall market breadth on BSE was strong with 1,843 scrips
advancing and 848 scrips declining. A total of 169 scrips remained
unchanged.
On the BSE sectoral front, S&P BSE Capital Goods was the major gainer,
up 2.50% followed by S&P BSE Oil & Gas and S&P BSE Healthcare that
grew 2.47% and 2.11%, respectively. S&P BSE Basic Industrials and S&P
BSE Realty surged 1.71% and 1.58%. S&P BSE Information Technology was
the loser, down 1.72% followed by S&P BSE Teck that fell 1.33%.
Asian markets traded in the mixed after the U.S. President indicated that
the country is open to discussion with North Korea in the upcoming
summit. China’s improved growth in industrial profit in Apr also helped
sentiment. However, lower commodity prices restricted upside. Today (as
of May 29), Asian markets opened lower following political uncertainty in
Italy and decline in crude oil prices. Both Nikkei and Hang Seng were down
0.69% and 0.28%, respectively (as at 8.a.m. IST).
As per the last close, European markets closed lower following renewed
concerns between the U.S. and North Korea and political uncertainty in
Italy. Also, U.K. market was closed on account of spring bank holiday.
U.S. market was closed on May 28 on account of Memorial Day holiday.
FII Derivative Trade Statistics 28-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 3572.68 3034.26 24026.26
Index Options 79393.14 78945.87 75254.00
Stock Futures 13292.94 12886.26 84513.90
Stock Options 9094.44 9090.47 10512.48
Total 105353.20 103956.86 194306.64
28-May Prev_Day
Change
Put Call Ratio (OI) 1.52 1.47 0.05
Indian Debt Market
Put Call Ratio(Vol) 1.11 1.07 0.04
28-May Wk. Ago Mth. Ago
Year Ago
Call Rate 5.86% 5.96% 6.02% 6.03%
CBLO 5.86% 6.00% 5.53% 5.00%
Repo 6.00% 6.00% 6.00% 6.25%
Reverse Repo 5.75% 5.75% 5.75% 6.00%
91 Day T-Bill 6.25% 6.25% 6.19% 6.22%
364 Day T-Bill 6.19% 6.80% 6.45% 6.40%
10 Year Gilt 7.74% 7.81% 7.77% 6.65%
G-Sec Vol. (Rs.Cr) 35810 27694 23708 52225
Currency Market Update
FBIL MIBOR 6.05% 6.05% 6.00% 6.19%
3 Month CP Rate 8.25% 8.30% 7.40% 6.70%
5 Year Corp Bond 8.68% 8.56% 8.44% 7.43%
1 Month CD Rate 6.77% 7.10% 6.69% 6.20%
3 Month CD Rate 7.91% 7.71% 7.07% 6.40%
1 Year CD Rate 8.23% 8.12% 7.71% 6.87%
Commodity Market Update
Currency 28-May Prev_Day
Change
USD/INR 67.44 68.26 -0.82
GBP/INR 89.89 91.22 -1.33
EURO/INR 79.00 79.88 -0.88
International News
JPY/INR 0.62 0.62 -0.01
Commodity 28-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) Closed 72.21 68.06 49.53
Brent Crude($/bl) Closed 79.33 76.07 50.48
Gold( $/oz) 1298 1292 1322 1267
Gold(Rs./10 gm) 30901 30881 31190 28782
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 May 2018
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Bond yields fell for the second consecutive session following decline in
crude oil prices and gains in domestic currency.
Yield on the 10-year benchmark paper (7.17% GS 2028) fell 5 bps to
close at 7.74% from the previous close of 7.79%. During the session,
bond yields traded in the range of 7.71% and 7.79%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,858 crore (gross) on May 28 compared with
Rs. 6,908 crore (gross) on May 25. Sale of securities under RBI’s reverse
repo window stood at Rs. 36,808 crore on May 25.
Banks did not borrow under the central bank’s Marginal Standing
Facility on May 25 as against borrowing of Rs. 2,200 on May 24.
RBI conducted a 7-day variable rate reverse repo auction for a notified
amount of Rs. 35,000 crore for which Rs. 13,889 crore was allotted at a
cut-off rate of 5.99%.
According to revised data released by the University of Michigan, U.S.
consumer sentiment index was downwardly revised to 98.0 for May
2018 as against preliminary reading as well as Apr 2018 reading of 98.8.
Current economic conditions index declined to 111.8 in May from 114.9
in Apr. Meanwhile, the index of consumer expectations came in at 89.1
in May as against 88.4 in Apr.
According to a report from the Bank of Japan, Japan’s producer prices
surpassed market expectations and grew 0.9% YoY in Apr 2018 as
against a gain of 0.5% in Mar 2018. Producer prices inched up 0.1%
MoM as against a gain of 0.5% in Mar.
Markets for You
Nifty May 2018 Futures were at 10678.85 points, a discount of 9.80
points, below the spot closing of 10,688.65. The turnover on NSE’s
Futures and Options segment went up to Rs. 7,64,196.64 crore on May
28 from to 7,04,102.93 crore on May 25.
The Put-Call ratio stood at 0.98 against previous session’s close of 0.94.
The Nifty Put-Call ratio stood at 1.52 against the previous session’s
close of 1.47.
India VIX moved up 3.14% to 13.0425 from 12.6450 in the previous
trading session.
Open interest on Nifty Futures stood at 25.23 million as against the
previous session’s close at 24.76 million.
The Indian rupee gained against the U.S. dollar following decline in
global crude oil prices. Also decline in U.S. Treasury yields increased
losses in greenback. The rupee rose 0.51% to close at 67.43 per U.S.
dollar from the previous close of 67.78.
Euro was trading lower against the U.S. dollar on rising political
uncertainty in Italy after Italy’s president set the country on a path to
fresh elections. Euro was trading at $1.1618 compared with the previous
close of $1.1650.
Gold prices moved down on easing geopolitical tension after the U.S.
President has indicated that the country is open to discussion with North
Korea in the scheduled summit.
Brent crude prices plunged after the OPEC and non-OPEC country
Russia indicated to raise production level.
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your time.