GlobalIndices 05Apr Prev_Day Abs.Change
DowJones 24,505 24,264 241 0.99
Nasdaq 7,077 7,042 34 0.49
FTSE 7,200 7,034 165 2.35
Nikkei 21,645 21,320 326 1.53
HangSeng Closed 29,519 NA NA
IndianIndices 05Apr Prev_Day Abs.Change
S&PBSESensex 33,597 33,019 578 1.75
Nifty50 10,325 10,128 197 1.94
Nifty100 10,726 10,524 203 1.93
NiftyBank 24,760 24,130 630 2.61
SGXNifty 10,384 10,130 254 2.50
S&PBSEPower 2 ,186 2,159 27 1.25
S&PBSESmallCap 17,775 17,450 325 1.87
S&PBSEHC 13,558 13,432 126 0.94
Date P/E Div.Yield P/E Div.Yield
5Apr 23.23 1.15 25.63 1.24
MonthAgo 23.34 1.16 25.40 1.20
YearAgo 22.91 1.34 23.49 1.24
Company 05Apr Prev_Day
Hindalco 214 201 6.65
VedantaLimited 290 274 5.69
SBI 259 247 4.85
Nifty50Top3Losers DomesticNews
Company 05Apr Prev_Day
Cipla 560 570 1.66
Bosch 19539 19685 0.74
BhartiAirtel 394 395 0.29
Advances 2083 1528
Declines 627 290
Unchanged 125 49
Description(Cr) YTD
FIIFlows* 13957
MFFlows** 35209
YoY(%) Current YearAgo
Sensex Nifty
Indian equity markets closed in the green after the final reading of a
private survey showed that I ndian service sector expanded in Mar 2018
unlike contraction seen in Feb 2018. Improved demand contributed to
pick up in new businesses, thereby encouraging firms to hire at fastest
pace. The Monetary Policy Committee, in its latest policy meeting,
decided to maintain status quo on its key rates.
Key benchmark indices, S&P BSE Sensex and Nifty 50 rose 1.75% and
1.94% to close at 33596.80 and 10325.1 5, respectively. S&P BSE Mid Cap
and S&P BSE Small Cap rose 1.88% and 1.87%, respectively.
The overall market breadth on BSE was positive with 2083 scrips
advancing and 627 scrips declining. A total of 125 scrips remained
On the BSE sectoral front, the indices closed in the green. S&P BSE
Metal was the top gainer, up 4.14%, followed by S&P BSE Basic Materials
and S&P BSE Bankex, which rose 3.18% and 2.78%, respectively. S&P BSE
Realty and S&P BSE Finance went up 2.55% and 2.39%, respectively.
The Monetary Policy Committee (MPC) in its first bimonthly policy
review for 201819 kept key policy repo rate unchanged at 6.0% and
retained its neutral” st ance. Consequently, the reverse r epo rate stood
unaltered at 5.75%, and the marginal standing facility (MSF) rate and
bank rate remained at 6.25%, each. Five policymakers were in favour of
the monetary policy decision and one advocated for a policy rate increase
of 25 bps.
The seasonally adjusted Nikkei India Services Business Activity Index
improved from 47.8 in Feb 2018 to 50.3 in Mar 2018 driven by greater
inflows of new work. Meanwhile, the headline seasonally adjusted Nikkei
India Composite PMI Output Index, r ose from 49.7 in Feb to 50.8 in Mar,
driven by growth in both the manufacturing and service sectors.
•Inthefirstbimonthly policy for 201819, inflation including the HRA
impact was lowered for the fourth quarter 201718, and for first and
second half of 201819. MPC expects inflation of 4.5% in fourth quarter
201718 as against previous expectation of 5.1%. The change reflects
average inflation of 4.8% in JanFeb 2018 owing to s harp decline in
vegetable prices and significant moderation in fuel group inflation.
Glenmark Pharmaceuticals Inc., USA is recalling 109,080 bottles of
Indomethacin capsules from the U.S. market m anufactured by its Goa
plant, consequent to incorrect labelling on the capsules.
A top regional executive of BP Plc announced that it expects almost a
tenth of its global earnings from India over the next decade in natural gas
output, marketing and r enewable initiatives in the subcontinent. The
company expects to boost its earnings from India by participating in the
entire natural gas value chain.
Ashoka Buildcon announced that it has received projects worth Rs. 760
crore from Dakshinanchal Vidyut Vitaran Nigam Ltd (DVVNL) for
electrification work in Uttar Pradesh.
Asian markets traded up as fears of global trade war eased after the
U.S. hinted negotiation with China on tariff plans. Positive cues from
overnight U.S. market further supported the sentiments. However, upside
was limited as investors remained focused on upcoming U.S. job data,
while the initial jobless c laims in U.S. has unexpectedly climbed to
242,000, t hat is 24000 more than the previous we ek, in the week ended
Mar 30. Today (As of April 06), Asian markets were mixed despite rally on
the Wall Street overnight. While Nikkei was trading lower 0.25%, Hang
Seng index was up 1.07 (as at 8 a.m. IST).
As per the last close, European market rallied after concerns over a
potential trade war between the U.S. and China eased. Market
participants seem optimistic that the tariffs and threats from both the
nations are only a precursor to negotiations of a trade agreement
between them.
between the U.S. and China minimised. Meanwhile, the U.S. trade deficit
widened by more than anticipated in Feb 2018.
FIIDerivativeTradeStatistics 05Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 2918.85 4071.05 16658.15
IndexOptions 96612.98 95339.52 57821.38
StockFutures 10640.29 10581.28 74157.60
StockOptions 5911.45 5877.85 2981.86
Total 116083.57 115869.70 151618.99
05Apr Prev_Day Change
PutCallRatio(OI) 1.42 1.34 0.09
PutCallRatio(Vol) 1.08 0.98 0.10
05Apr Wk.Ago Mth.Ago YearAgo
CallRate 5.91% 7.57% 5.88% 5.81%
CBLO 5.74% 6.24% 5.75% 5.69%
Repo 6.00% 6.00% 6.00% 6.25%
ReverseRepo 5.75% 5.75% 5.75% 5.75%
91DayTBill 6.09% 6.09% 6.27% 5.86%
364DayTBill 6. 42% 6.40% 6.62% 6.12%
10YearGilt 7.13% 7.40% 7.78% 6.65%
GSecVol.(Rs.Cr) 77712 37511 9664 30919
1MonthCPRate Closed Closed 7.90% 6.49%
3MonthCPRate 6.80% 7.40% 7.88% 6.64%
5YearCorpBond 7.86% 8.03% 8.11% 7.40%
1MonthCDRate 6.21% 7.23% 7.24% 6.08%
3MonthCDRate 6.67% 6.98% 7.28% 6.24%
1YearCDRate 7.21% 7.33% 7.59% 6.60%
Currency 05Apr Prev_Day Change
USD/INR 65.06 65.02 0.04
GBP/INR 91.50 91.49 0.01
EURO/INR 79.78 79.79 0.01
JPY/INR 0.61 0.61 0.00
Commodity 05Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 63.52 64.29 62. 48 51.09
BrentCrude($/bl) 65.18 67.37 66.57 53.55
Gold($/oz) 1326 1325 1320 1255
Gold(Rs./10gm) 30491 30630 30488 28817
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Nifty Apr 2018 Futu res were a t 10352. 20 points, a premium of 27.05
points, over the spot closing of 10,325.15. The turnover on NSE’s Futures
and Options segment went up from Rs. 8,95,607.32 crore on Apr 4 to Rs.
12,70,693.49 crore on Apr 5.
•ThePutCall ratio, stood at 0.81 against previous session’s close of
The Nifty PutCall ratio stood at 1.42 against the previous session’s
close of 1.34.
Open interest on Nifty Futures stood at 22.96 million as against the
previous session’s close of 23.53 million.
Bond yields fell for the third consecutive day after the Monetary Polic y
Committee lowered its inflation rate projection for the first half of 2018
19 to 4.7%5.1% and for second half to 4.4% from previous estimates of
5.1%5.6% and 4.5%4.6%, respectively.
Yield on the 10year benchmark p aper (7.17% GS 2028) f ell 16 bps t o
close at 7.13% from the previous close of 7.29%. During the session,
bond yields traded in the range of 7.12% and 7.31%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,750 crore (gross) on Apr 5 compared with Rs.
3,610 crore on Apr 4. Sale of securities under Reserve Bank of India’s
(RBI) reverse repo window stood at Rs. 93,602 crore on Apr 4.
Banks borrowed Rs. 800 crore under the central bank’s Marginal
Standing Facility on Apr 4 compared with Rs. 3,765 crore borrowed on
Apr 3.
Committee in its first bimonthly monetary policy review for 201819
kept interest rates on hold and cut its inflation projections for this fiscal.
The rupee rose 0.28% to close at Rs. 64.97 from the previous close of Rs.
Euro fell against the greenback as concerns of a global trade war eased
to some extent on reports that the U.S. may negotiate with China on
tariffs. Euro was last seen trading at $1.2239, down 0.31% compared
with the previous close of $1.2277.
Gold prices fell after the economic adviser of U.S. President stated that
there is no trade war between the U.S. and China and tariffs on Chinese
goods might not be imposed.
Brent crude p rices rose as U.S. crude inventories fell by 4.617 million
barrels for the week ended Mar 30.
According to a report released by ADP, a payroll processor,
employment in the private sector rose more than expected to 313,000 in
Feb 2018 outperforming expectations.
U.S. factory orders grew 1.2% in Feb 2018 following 1.3% fall in Jan
2018. Durable goods rose 3.0%, while nondurable goods order fell 0.5%
in Feb 2018.
According to a report by Institute for Supply Management, U.S. non
manufacturing index fell to 58.8 in Mar 2018 f rom 59.5 in Feb 2018. The
decline was mainly due to significant slowdown in the pace of new
orders growth.
According to data from Eurostat, eurozone producer price inflation
rose 1.6% YoY in Feb 2018, same rate as in Jan 2018. It increased 0.1% i n
Feb as compared with 0.4% increase in Jan, MoM.
Thank you for
your time.