04Apr2018
MarketsforYou
GlobalIndices
GlobalIndices 03‐Apr Prev_Day Abs.Change
%Change
#
DowJones 24,033 23,644 389 1.65
Nasdaq 6,941 6,870 71 1.04
FTSE 7,030 Closed NA NA
Nikkei 21,292 21,389 ‐97 ‐0.45
HangSeng 30,180 Closed NA NA
IndianIndices 03‐Apr Prev_Day Abs.Change
%Change
#
S&PBSESensex 33,371 33,255 115 0.35
Nifty50 10,245 10,212 33 0.33
Nifty100 10,644 10,596 48 0.45
NiftyBank 24,511 24,329 182 0.75
SGXNifty 10,286 10,262 24 0.23
S&PBSEPower 2 ,187 2,153 34 1.57
S&PBSESmallCap 17,628 17,394 234 1.35
S&PBSEHC 13,575 13,484 91 0.67
Date P/E Div.Yield P/E Div.Yield
3‐Apr 23.04 1.16 25.43 1.25
MonthAgo 23.61 1.16 25.59 1.19
YearAgo 22.80 1.35 23.42 1.25
Nifty50Top3Gainers
Company 03‐Apr Prev_Day
%Change
#
IndiabullsHFC 1299 1244 4.45
ICICIBank 270 262 3.13
Bosch 19063 18515 2.96
Nifty50Top3Losers DomesticNews
Company 03‐Apr Prev_Day
%Change
#
TechMahindra 616 640 ‐3.80
Wipro 284 290 ‐1.99
Hindalco 208 211 ‐1.56
AdvanceDeclineRatio
BSE NSE
Advances 1848 1351
Declines 798 446
Unchanged 141 68
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 14141
MFFlows** 30162
*3
rd
Apr2018;**26
th
Mar2018
EconomicIndicator
YoY(%) Current YearAgo
WPI
2.48%
(Feb‐18)
5.51%
(Feb‐17)
IIP
7.50%
(Jan‐18)
3.00%
(Jan‐17)
GDP
7.20%
(Dec‐17)
6.80%
(Dec‐16)
04April2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
1.80%
(Oct‐17)
6.50%
(Sep‐17)
QuarterAgo
Inflow/Outflow
2250
‐258
4.02%
(Nov‐17)
• After witnessing a volatile session, Indian equity markets closed on
positive note amid gains in banking stocks after the Reserve Bank of India
permitted banks to spread their bond trading losses over the four
quarters. However, trade war tensions between the U.S. and China and
expansion of India’s m anufacturing sector in Mar 2018 at the weakest
pace in 5‐month period weighed on market sentiment. Investors also
remainedfocusedonMonetaryPolicyCommittee’sfirstbi‐monthly policy
decision of FY19.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.35% and
0.33%, respectively, to close at 33,370.63 and 10,245.00. S&P BSE Mid‐
Cap and S&P BSE Small‐Cap grew 0.92% and 1.35%, respectively.
• On the BSE sectoral front, S&P BSE Power was the major gainer, up
1.57%, followed by S&P BSE Utilities that grew 1.13%. S&P BSE Bankex
and S &P BSE Industrials grew 1.08% and 0 .96%, respectively. S&P BSE
Basic Telecom and S&P BSE Auto grew 0.94% and 0.85%, respectively.
S&P BSE Consumer Durables was the major loser, down 0.60%, followed
by S&P BSE Information T echnology and S&P BSE Teck that fell 0.24% and
0.08%, respectively.
• The Nikkei India Manufacturing Purchasing Managers' Index (PMI) fell
to 51.0 in Mar 2018 from 52.1 in Feb 2018. This marked the weakest pace
of rise in the last five months. The downside reflected d rop in new work
and output and a fall in employment for the first time in eight months.
• T he Reserve Bank of India ( RBI) has modified its rigid position on
provisioning norms for banks suffering losses from bonds trading. RBI has
permitted lenders to scatter their trading losses over four quarters so
that arranging funds to meet provisioning norms on bankrupt cases is not
difficult. Also, the central bank has stated that banks should create an
Investment Fluctuation Reserve, which could be used in case it is required
to provide for bond losses in the future.
• The government has imposed a 10% duty on import of key smartphone
components like camera module and printed circuit board assembly. This
is being done to boost domestic manufacturing. The government ha d
hiked customs duty on mobile phones to 20% from 15% in the Budget
2018‐19.
• Bharat Electronics Limited announced that its annual sales turnover
grew 13% and touched Rs. 10,000 crore mark in 2017‐18, up f rom Rs.
8,825 cr ore in 2016‐17. However, the company did not disclose the
provisional or unaudited profit before or after tax.
• Royal Enfield is planning to invest around Rs. 8 billion in 2018‐19 for
expansion of its production capacity. The capital expen diture plan of this
leading mid‐sized motorcycles manufacturer includes construction of
Phase‐2 of the Vallam Vadagal plant in Tamil Nadu this year. Also, the
company plans to complete construction of its technology centre in
Chennai.
• Hindustan Aeronautics Ltd. announced that it has witnessed a turnover
of over Rs. 18,000 crore for 2017‐18 fiscal ended Mar 31, up 2.24% YoY as
against Rs. 17,605 crore in 2016‐17. Also, the company stated that the
company has produced 40 new aircraft/helicopters and 105 new engines
during the period.
• Asian markets closed in the red as concerns over a potential trade war,
following imposition of extra tariffs by China o n certain U.S. imports,
dampened investor sentiment. The imposition of tariff is in retaliation to
U.S. President’s decision to raise duties on Chinese imports. Today (As of
April 04), Asian markets mostly opened higher following rise on the Wall
Street overnight. While Nikkei was trading higher 0.32%, Hang Seng was
down 0.04%, respectively (as at 8 a.m. IST).
• As per the l ast close, European market fell on r enewed fear of potential
trade war between the U.S. and China, and regulation for the technology
sector. China announced to impose tariffs on 128 imported goods
originating in the U.S.
• As per the last close, U.S markets rose as investors bought stocks lower
prices after market saw a sharp decline on Monday. The markets also
benefited from significant rebounds by some technology stocks.
MarketsforYou
FIIDerivativeTradeStatistics 03‐Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 1795.25 1735.50 13718.47
IndexOptions 41235.45 38710.11 52823.84
StockFutures 9223.20 8050.40 73753.83
StockOptions 4138.38 4134.36 1811.41
Total 56392.28 52630.37 142107.55
03‐Apr Prev_Day Change
PutCallRatio(OI) 1.43 1.42 0.01
IndianDebtMarket
PutCallRatio(Vol) 0.93 0.94 ‐0.01
03‐Apr Wk.Ago Mth.Ago YearAgo
CallRate 5.93% 6.00% 5.91% 5.79%
CBLO 5.68% 5.91% 4.84% 5.72%
Repo 6.00% 6.00% 6.00% 6.25%
ReverseRepo 5.75% 5.75% 5.75% 5.75%
91DayT‐Bill 5.83% 6.11% 6.23% 6.10%
364DayT‐Bill 6.39% 6.47% 6.64% 6.08%
10YearGilt 7.33% 7.33% 7.74% 6.65%
G‐SecVol.(Rs.Cr) 39408 61226 16436 35825
CurrencyMarketUpdate
1MonthCPRate* 7.74% 7.74% 7.15% 6.50%
3MonthCPRate* 7.44% 7.39% 7.88% 6.60%
5YearCorpBond* 7.80% 7.77% 8.09% 7.38%
1MonthCDRate* 6.88% 7.25% 7.24% 6.11%
3MonthCDRate* 6.80% 7.10% 7.28% 6.21%
1YearCDRate* 7.22% 7.39% 7. 62% 6.60%
CommodityMarketUpdate
Currency 03‐Apr Prev_Day Change
USD/INR 65.02 Closed Closed
GBP/INR 91.46 Closed Closed
EURO/INR 80.09 Closed Closed
InternationalNews
JPY/INR 0.61 Closed Closed
Commodity 03‐Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 63.40 65.20 61. 18 50.20
BrentCrude($/bl) 66.28 68.22 65. 05 51.93
Gold($/oz) 1332 1344 1322 1253
Gold(Rs./10gm) 30684 30718 30269 28681
Source:ThomsonReutersEikon
*Ason28‐Mar‐18
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
04April2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Apr 2018 Futures were at 10285.00 points, a premium of 40.00
points, over the spot closi ng of 10,245.00. The turnover on NSE’s Futures
and Options segment went down from Rs. 3,79,096.81 crore on Apr 2 to
Rs. 4,33,298.30 crore on Apr 3.
•ThePut‐Call ratio, remained unchanged at 0.82 against previous
session’s close.
• The Nifty Put‐Call ratio stood at 1.43 against the previous session’s
close of 1.42.
• Open interest on Nifty Futures stood at 20.97 million as against the
previous session’s close of 20.83 million.
• Bond yields fell on the first trading day of 2018‐19 after the Reserve
Bank of India p ermitted banks to spread provisions made for mark to
market losses on their bond portfolios.
•Yieldonthe10‐year benchmark paper (7.17% GS 2028) fell 7 bps to
close at 7.33% from the previous close of 7.40%. During the session,
bond yields traded in the range of 7.31% and 7.37%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,430 crore (gross) on Apr 3 compared with Rs.
9,717 crore on Mar 28. Sale of securities under Reserve Bank of India’s
(RBI) reverse repo window stood at Rs. 1,34,045 crore on Mar 28.
• Banks borrowed Rs. 8,683 crore under the central bank’s Marginal
Standing Facility on Mar 28 compared with Rs. 865 crore borrowed on
Mar 27.
• The rupee rose against the greenback following gains in the domestic
equity market. Rising global trade tensions between the U.S. and China
also kept the greenback under pressure. The rupee rose 0.25% to close
at Rs. 65.01 from the previous c lose of Rs. 65.17.
• Euro fell against the greenback after the final manufacturing
Purchasing Managers' Index for the euro zone sank to a 8‐month low in
Mar 2018. Euro was last s e e n trading a t $1.2255, down 0.37% compared
with the previous close of $1.2300.
• Gold prices moved down as safe‐haven a ppeal of the metal lost its
sheen due to recovery in global equities.
• Brent crude prices moved down ahead of weekly stockpiles data from
the U.S. on crude and refined products.
• According to the Institute for Supply Management, U.S. manufacturing
purchasing managers index (PMI) fell to 59.3 in Mar 2018 from 60.8 in
Feb 2018. The more than expected fall was due to slowdown in the pace
of job growth and new orders in the manufacturing sector.
• According to the report released by the Commerce Department, U.S.
construction spending increased less than expected by 0.1% to $1.273
trillion in Feb 2018 compared with $1.272 trillion in Jan 2018.
• According to final data from IHS Markit, eurozone manufacturing PMI
fell t o 56.6 in Mar 2018, from 58.6 in Feb 2018, in line with flash
estimates. The euro area manufacturing activity grew at the slowest rate
in eight months.
MarketsforYou
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