Mutual Fund News of 5th April 2018 – Reliance Mutual Fund

05Apr2018

MarketsforYou

GlobalIndices

GlobalIndices 04‐Apr Prev_Day Abs.Change

%Change

DowJones 24,264 24,033 231 0.96

Nasdaq 7,042 6,941 101 1.45

FTSE 7,034 7,030 4 0.05

Nikkei 21,320 21,292 27 0.13

HangSeng 29,519 30,180 ‐661 ‐2.19

IndianIndices 04‐Apr Prev_Day Abs.Change

%Change

S&PBSESensex 33,019 33,371 ‐352 ‐1.05

Nifty50 10,128 10,245 ‐117 ‐1.14

Nifty100 10,524 10,644 ‐120 ‐1.13

NiftyBank 24,130 24,511 ‐381 ‐1.55

SGXNifty 10,130 10,286 ‐156 ‐1.52

S&PBSEPower 2 ,159 2,187 ‐29 ‐1.30

S&PBSESmallCap 17,450 17,628 ‐179 ‐1.01

S&PBSEHC 13,432 13,575 ‐143 ‐1.05

Date P/E Div.Yield P/E Div.Yield

4‐Apr 22.78 1.18 25.14 1.27

MonthAgo 23.61 1.16 25.59 1.19

YearAgo 22.80 1.35 23.42 1.25

Nifty50Top3Gainers

Company 04‐Apr Prev_Day

%Change

TataMotors 356 343 3.64

EicherMotors 28934 27990 3.37

Bosch 19685 19063 3.26

Nifty50Top3Losers DomesticNews

Company 04‐Apr Prev_Day

%Change

UnitedPhos 733 766 ‐4.33

Hindalco 201 208 ‐3.44

TataSteel 561 580 ‐3.30

AdvanceDeclineRatio

BSE NSE

Advances 1157 736

Declines 1483 1064

Unchanged 144 61

InstitutionalFlows(Equity)

Description(Cr) YTD

FIIFlows* 13666

MFFlows** 33492

Apr2018;**3

Apr2018

EconomicIndicator

YoY(%) Current YearAgo

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)

05April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 Nifty

1.80%

(Oct‐17)

6.50%

(Sep‐17)

QuarterAgo

Inflow/Outflow

‐475

4.02%

(Nov‐17)

• Indian equity markets closed in the red amid heightening of trade war

fears after China announced tariffs on U.S. goods in response to U.S.

President’s plan to impose duties on $50 billion worth a nnual Chinese

imports. Additionally, cautious stance ahead of the Monetary Policy

Committee’s first bi‐monthly policy meeting for 2018‐19 on Apr 5

dampened the risk appetite of investors. However, losses were capped

amid gains in auto stocks post strong U.S. auto sales.

• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 1.05% and

1.14%, respectively to close at 33,019.07 and 10,128.40. S&P BSE Mi d‐

Cap and S&P BSE Small‐Cap fell 0.92% and 1.01%.

• On the BSE sectoral front, S&P BSE Metal was the major loser, down

2.75%, followed by S &P BSE Consumer Durables that fell 2.55%. S&P BSE

Basic Materials an d S&P BSE Capital Goo ds fell 2 .07% and 1.95%,

respectively. S&P BSE Basic Bankex and S&P BSE Finance fell 1.63% and

1.41%, respectively. Among the gainer, S&P BSE Auto was the only gainer,

up 0.42%.

• Securities and Exch ange Board of India (SEBI) has raised the limit t o

process up to 100 orders per second by a user for algorithm trading from

the existing limit of 20 orders per second. This comes on the wake of

relaxing algorithm trading norms at commodity derivatives exchanges.

The decision was taken after receiving representations from exchanges

along with views of Commodity Derivatives Advisory Committee.

• According to the Finance Minister, direct tax collection has moved up by

18% to cross Rs. 10.02 trillion in 2017‐18. He has further added that the

number of income tax returns (ITR) filed rose to 68.4 million during 2017 ‐

18, compared with 54.3 million in 2016‐17.

• Insolvency and Bankruptcy panel has recommended changes to the

insolvency resolution framework in its report that was released by the

ministry of corporate affairs. It has suggested changes to the insolvency

resolution framework to make it flexible for resolution professionals t o

raise interim finance. To facilitate this, it has recommended that interest

should be calculated till one year after t he liquidation date or repayment

whichever is earlier. Currently, t he interest is calculated only till the

liquidation date.

• According to media reports, Maruti Suzuki took over 50% market share

in the passenger vehicles se gment for the first time ev er in 2017‐18 after

the car maker’s utility vehicle sales outperformed that of rivals. Maruti

also sold more than 1.5 million units for the first time in its 30‐year

history.

• Larsen and Toubro (L&T), along with Genus Power and Allied

Engineering have received a contract for the supply of 10 million pre‐paid

meters to Uttar Pradesh. This contract is an initiative under the

Saubhagya scheme. The government aims to add more than 40 million

households to the power grid by Dec 2018, under the scheme.

• Asian markets remained under pressure as ongoing worries over

potential trade war, between U.S. and China, continued to weigh on

investor sentiments. Additionally, m arket participants are awaiting U.S.

employment report and a series of other economic data t hat shall

provide additional cues on the timing of future rate hikes by the U.S. Fed.

Today (As of April 05), Asian markets gained following rise on the Wall

Streetovernight.WhileNikkeiwastradinghigher0.73%,HangSengindex

was closed (as at 8 a.m. IST).

• As per the last close, European market mostly fell amid renewed fear

after news that China issued a list of 106 U.S. products that will be subject

to additional tariffs. China plans to impose a 25% tariff on $50 billion

worth of U.S. exports.

• As per the last close, U.S markets bounced back sharply f rom the

intraday lows and closed higher despite trade war concerns following

news that China issued a list of 106 U.S. products that will be subject to

additional tariffs.

MarketsforYou

FIIDerivativeTradeStatistics 04‐Apr

(RsCr) Buy Sell OpenInt.

IndexFutures 1185.02 1878.71 14226.97

IndexOptions 47988.55 46108.56 55193.60

StockFutures 8658.68 8770.47 74685.31

StockOptions 3997.53 3935.29 2386.45

Total 61829.78 60693.03 146492.33

04‐Apr Prev_Day Change

PutCallRatio(OI) 1.34 1.43 ‐0.09

IndianDebtMarket

PutCallRatio(Vol) 0.98 0.93 0.05

04‐Apr Wk.Ago Mth.Ago YearAgo

CallRate 5.90% 7.57% 5.91% 5.79%

CBLO 5.68% 6.24% 4.84% 5.72%

Repo 6.00% 6.00% 6.00% 6.25%

ReverseRepo 5.75% 5.75% 5.75% 5.75%

91DayT‐Bill 6.11% 6.09% 6.23% 6.10%

364DayT‐Bill 6.46% 6.40% 6.64% 6. 08%

10YearGilt 7.29% 7.40% 7.74% 6.65%

G‐SecVol.(Rs.Cr) 64712 37511 16436 35825

CurrencyMarketUpdate

1MonthCPRate* Closed 7.74% 7.15% 6.50%

3MonthCPRate* 6.75% 7.44% 7.88% 6.60%

5YearCorpBond 8.00% 7.80% 8.09% 7.38%

1MonthCDRate 6.26% 7.23% 7.24% 6.11%

3MonthCDRate 6.67% 6.98% 7.28% 6.21%

1YearCDRate 7.20% 7.33% 7.62% 6.60%

CommodityMarketUpdate

Currency 04‐Apr Prev_Day Change

USD/INR 65.02 65.02 0.00

GBP/INR 91.49 91.46 0.04

EURO/INR 79.79 80.09 ‐0.30

InternationalNews

JPY/INR 0.61 0.61 0.00

Commodity 04‐Apr WkAgo Mth.Ago YearAgo

NYMEXCrude($/bl) 63.34 64.29 61. 18 50.20

BrentCrude($/bl) 64.68 67.37 65.05 51.93

Gold($/oz) 1333 1325 1322 1253

Gold(Rs./10gm) 30844 30630 30269 28681

Source:ThomsonReutersEikon

*Ason03‐Apr‐18

MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.

05April2018

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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

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the accuracy or authenticity of s uch data and information. S ome of the statements & assertions contained in t hese materials may r eflect RNLAM’s views or opinions, which in turn may have been

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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

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DerivativeStatistics‐NiftyOptions



Disclaimer:

DerivativesMarket

DebtWatch

CurrencyMarket

CommodityPrices

• Nifty Apr 2018 Futures were at 10146.60 points, a premium of 18.20

points, over t he spot closi ng of 10,128.40. The turnover on NSE’s Futures

and O ptions segment went up from Rs. 4,33,298.30 crore on A pr 3 to Rs.

8,95,607.32 crore on Apr 4.

•ThePut‐Call ratio, stood at 0.85 against previous session’s close of

0.82.

• The Nifty Put‐Call ratio stood at 1.34 against the previous session’s

close of 1.43.

• O p en interest on Nifty Futures stood at 23.53 million as against the

previous session’s close of 20.97 million.

• Bond yields rose for the second consecutive day after a private

weather forecast agency predicted normal monsoon rainfall this year,

thereby easing inflation concern. However, investors also awaited policy

decision by Monetary Policy Committee, due on Apr 5.

•Yieldonthe10‐year benchmark paper (7.17% GS 2028) fell 4 bps to

close at 7.29% from the previous close of 7.33%. During the session,

bond yields traded in the range of 7.29% and 7.35%.

• Banks’ borrowings under the repo window of the Liquidity Adjustment

Facility (LAF) stood a t Rs. 3,610 crore (gross) on Apr 4 c o mpared with Rs.

3,430 crore on Apr 3. Sale of securities under Reserve Bank of India’s

(RBI) reverse repo window stood at Rs. 56,840 crore on Apr 3.

• The rupee fell 0.21% to close at Rs. 65.15 fr om the previous close of Rs.

65.01 against the greenback following losses in the domestic equity

market. This was mainly due to concerns over a potential global trade

war after China levied tariffs on imports from U.S.

• Euro rose against the greenback as the latter remained under pressure

after China levied tariffs on a wide range of U.S. imports fueling concerns

of a global trade war. Euro was last seen trading at $1.2297, up 0.23%

compared with the previous close of $1.2269.

• Gold prices moved up on weaker dollar against the euro. Persistent

possibilities of glo bal trade war further boosted the safe‐haven appeal of

the metal.

• Brent crude prices moved down as investors remained cautious of the

U.S. Energy Information Administration’s weekly stockpiles data.

• Eurozone’s jobless rate fell 8.5% in Feb 2018, lowest since Dec 2008,

from 8.6% in Jan 2018. Unemployment number decreased by 141,000

from the previous month to 13.916 million in Mar 2018.

• According to flash data from Eurostat, eurozone’s inflation increased

1.4% YoY in Mar 2018 as compared with 1.1% in Feb 2018, mainly due to

rise in food prices. However, inflation continues to stay below the

European C entral Bank's target of ' below, but close to 2%'. Eurozone’s

core inflation that excludes energy, food, alcohol and tobacco, grew 1%

YoY in Mar, same as last month.

• According to data from IHS Markit, U.K.’s construction purchasing

managers’ index (PMI) fell to 47.0 in Mar 2018 from 51.4 in Feb 2018

mainly due to unusually bad weather conditions.

MarketsforYou

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your time.