GlobalIndices 04Apr Prev_Day Abs.Change
DowJones 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
HangSeng 29,519 30,180 661 2.19
IndianIndices 04Apr Prev_Day Abs.Change
S&PBSESensex 33,019 33,371 352 1.05
Nifty50 10,128 10,245 117 1.14
Nifty100 10,524 10,644 120 1.13
NiftyBank 24,130 24,511 381 1.55
SGXNifty 10,130 10,286 156 1.52
S&PBSEPower 2 ,159 2,187 29 1.30
S&PBSESmallCap 17,450 17,628 179 1.01
S&PBSEHC 13,432 13,575 143 1.05
Date P/E Div.Yield P/E Div.Yield
4Apr 22.78 1.18 25.14 1.27
MonthAgo 23.61 1.16 25.59 1.19
YearAgo 22.80 1.35 23.42 1.25
Company 04Apr Prev_Day
TataMotors 356 343 3.64
EicherMotors 28934 27990 3.37
Bosch 19685 19063 3.26
Nifty50Top3Losers DomesticNews
Company 04Apr Prev_Day
UnitedPhos 733 766 4.33
Hindalco 201 208 3.44
TataSteel 561 580 3.30
Advances 1157 736
Declines 1483 1064
Unchanged 144 61
Description(Cr) YTD
FIIFlows* 13666
MFFlows** 33492
YoY(%) Current YearAgo
Sensex Nifty
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 bimonthly policy meeting for 201819 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 SmallCap 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 201718. 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 201617.
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 201718 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 30year
Larsen and Toubro (L&T), along with Genus Power and Allied
Engineering have received a contract for the supply of 10 million prepaid
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
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 $50 billion
worth of U.S. exports.
As per the last close, U.S markets bounced back sharply f rom the
intraday lows and closed higher despite trade war concerns following
news that China issued a list of 106 U.S. products that will be subject to
additional tariffs.
FIIDerivativeTradeStatistics 04Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 1185.02 1878.71 14226.97
IndexOptions 47988.55 46108.56 55193.60
StockFutures 8658.68 8770.47 74685.31
StockOptions 3997.53 3935.29 2386.45
Total 61829.78 60693.03 146492.33
04Apr Prev_Day Change
PutCallRatio(OI) 1.34 1.43 0.09
PutCallRatio(Vol) 0.98 0.93 0.05
04Apr Wk.Ago Mth.Ago YearAgo
CallRate 5.90% 7.57% 5.91% 5.79%
CBLO 5.68% 6.24% 4.84% 5.72%
Repo 6.00% 6.00% 6.00% 6.25%
ReverseRepo 5.75% 5.75% 5.75% 5.75%
91DayTBill 6.11% 6.09% 6.23% 6.10%
364DayTBill 6.46% 6.40% 6.64% 6. 08%
10YearGilt 7.29% 7.40% 7.74% 6.65%
GSecVol.(Rs.Cr) 64712 37511 16436 35825
1MonthCPRate* Closed 7.74% 7.15% 6.50%
3MonthCPRate* 6.75% 7.44% 7.88% 6.60%
5YearCorpBond 8.00% 7.80% 8.09% 7.38%
1MonthCDRate 6.26% 7.23% 7.24% 6.11%
3MonthCDRate 6.67% 6.98% 7.28% 6.21%
1YearCDRate 7.20% 7.33% 7.62% 6.60%
Currency 04Apr Prev_Day Change
USD/INR 65.02 65.02 0.00
GBP/INR 91.49 91.46 0.04
EURO/INR 79.79 80.09 0.30
JPY/INR 0.61 0.61 0.00
Commodity 04Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 63.34 64.29 61. 18 50.20
BrentCrude($/bl) 64.68 67.37 65.05 51.93
Gold($/oz) 1333 1325 1322 1253
Gold(Rs./10gm) 30844 30630 30269 28681
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
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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.
•ThePutCall ratio, stood at 0.85 against previous session’s close of
The Nifty PutCall 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.
•Yieldonthe10year 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 safehaven 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.
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