15Apr2019
MarketsforYou

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GlobalIndices
GlobalIndices 12‐Apr Prev_Day Abs.Change
%Change
#
DowJones 26,412 26,143 269 1.03
Nasdaq 7,984 7,947 37 0.46
FTSE 7,437 7,418 19 0.26
Nikkei 21,871 21,711 159 0.73
HangSeng 29,910 29,839 70 0.24
IndianIndices 12‐Apr Prev_Day Abs.Change
%Change
#
S&PBSESensex 38,767 38,607 160 0.41
Nifty50 11,643 11,597 47 0.40
Nifty100 11,808 11,760 48 0.41
NiftyBank 29,939 29,786 152 0.51
SGXNifty 11,694 11,654 40 0.34
S&PBSEPower 2,051 2,031 20 0.99
S&PBSESmallCap 15,022 14,967 56 0.37
S&PBSEHC 14,482 14,431 51 0.35
Date P/E Div.Yield P/E Div.Yield
12‐Apr 28.18 1.12 29.06 1.13
MonthAgo 27.76 1.14 27.70 1.19
YearAgo 23.44 1.15 25.96 1.23
Nifty50Top3Gainers
Company 12‐Apr Prev_Day
%Change
#
GAIL 357 343 4.10
ITC 306 296 3.15
Lupin 833 809 2.89
Nifty50Top3Losers DomesticNews
Company 12‐Apr Prev_Day
%Change
#
IndiabullsHFC 830 846 ‐1.86
IndianOil 155 158 ‐1.65
BajajFinance 3009 3048 ‐1.28
AdvanceDeclineRatio
BSE NSE
Advances 1374 982
Declines 1173 804
Unchanged 156 127
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 60247
MFFlows** ‐292
*12
th
Apr2019;**10
th
Apr2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
2.86%
(Mar‐19)
4.28%
(Mar‐18)
IIP
0.10%
(Feb‐19)
6.90%
(Feb‐18)
GDP
6.60%
(Dec‐18)
7.70%
(Dec‐17)
15April2019
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
8.40%
(Oct‐18)
7.00%
(Sep‐18)
QuarterAgo
Inflow/Outflow
267
1016
2.11%
(Dec‐18)
• India’s consumer inflation accelerated marginally to 2.86% YoY in Mar
2019 from 2.57% in Feb 2019 but slowed compared with 4.28% in Mar
2018. Food inflation rose 0.3% in Mar 2019 compared with fall of 0.66% in
Feb 2019. Fuel and light inflation also accelerated to 2.42% YoY from
1.24% in Feb 2019.
• According to data released by the Central Statistics Office (CSO), India’s
Index of Industrial production (IIP) growth touched 20 month low in Feb
2019. IIP growth slowed to 0.1% YoY in Feb 2019 from 6.9% in Feb 2018
mainly due to fall in the manufacturing sector. The manufacturing sector
dropped 0.3% in Feb 2019 compared with a rise of 8.4% a year ago.
Cumulatively, during Apr 2018 to Feb 2019 industrial production increased
4%, marginally slower than 4.3% in the same period of the previous year.
• According to a Reserve Bank of India (RBI) research, more consolidation
in India’s struggling banking sector will help lenders lower costs and
efficiently scale their operations. Labor cost efficiency, or output per
employee, moderated across the sector between 2005‐2018, according to
the paper. State‐run banks performed better than private rivals on this
metric because they slowed hiring and adopted technology, while larger
banks reaped the benefits of scale.
• Infosys net profit rose 10.4% YoY to Rs. 4,074 crore in the March quarter
of 2019. Sequentially, net profit grew 13%. Revenues increased 19% YoY
and 0.6% QoQ to Rs. 21,539 crore. The IT major set FY20 constant
currency growth guidance at 7.5‐7.9%. It also declared a dividend of Rs.
10.50 per share. Operating profit grew 3.3% YoY and dropped 4.4% QoQ
to Rs. 4,618 crore.
• Tata Consultancy Services (TCS) net profit rose 17.7% YoY to Rs 8,126
crore in the March quarter of 2019. Total income went up 18.54% YoY to
Rs 39.203 crore. The company also announced a final dividend of Rs. 18
per equity share. Banking, Financial Services and Insurance (BFSI) segment
revenue rose 17% YoY to Rs. 13,650 crore while Digital revenue jumped
46.4%.
MarketsforYou
• Asian equity markets ended mostly higher on upbeat U.S. jobs data and
optimism over a potential U.S.‐China trade deal. First‐time claims for U.S.
unemployment benefits decreased to their lowest level in nearly 50 years
in the week ended Apr 6, 2019. Chinese trade data was a mixed bag as
exports rebounded to a five‐month high, while imports fell more than
expected. Today (as of Apr 15), Asian markets opened mostly higher after
upbeat China data on Friday improved investor confidence. Both Nikkei
and Hang Seng were trading higher 1.20% and 0.90%, respectively (as at 8
a.m. IST).
•Asperthelastclose,EuropeanmarketsincreasedonstrongMarch2019
quarter results from two U.S. financial giants. This and optimism over U.S.‐
China trade deal outweighed concerns about global growth.
• As per the last close, U.S markets rose following increase in share prices
of a U.S. financial giant on upbeat Mar 2019 quarter results. This result
neutralized some of the recent concerns about corporate results for the
quarter. Shares of a U.S. entertainment giant surged after it initially priced
its streaming service well below the existing major player.
• Indian equity markets ended a volatile session higher. Investor focus
remained on the earnings season and the macro data due to be released
later in the day. Retail inflation and industrial output data was slated to
come out after market hours.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.41% and
0.40%, respectively, to close at 38,767.11 and 11,643.45, respectively. S&P
BSE Mid‐Cap and S&P BSE Small Cap gained 0.29% and 0.37%,
respectively.
• The overall market breadth on BSE was weak with 1374 scrips advancing
and 1173 scrips declining. A total of 156 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Fast Moving Consumer Goods was
the major gainer, up 1.71%, followed by S&P BSE Utilities, up 1.12%, and
S&P BSE Power, up 0.99%. S&P BSE Auto gained 0.97% and S&P BSE S&P
BSE Consumer Discretionary Goods & Services gained 0.71%. S&P BSE
Telecom was the major loser, down 1%, followed by S&P BSE Capital
Goods and S&P BSE Consumer Durables, down 0.45% and 0.37%,
respectively. S&P BSE Energy fell 0.31%.
FIIDerivativeTradeStatistics 12‐Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 2610.68 2582.26 18063.06
IndexOptions 286140.19 282895.67 67373.58
StockFutures 9778.43 10523.16 88811.33
StockOptions 5715.93 5730.53 7111.05
Total 304245.23 301731.62 181359.02
12‐Apr Prev_Day Change
PutCallRatio(OI) 1.55 1.24 0.30
IndianDebtMarket
PutCallRatio(Vol) 0.93 0.81 0.12
12‐Apr Wk.Ago Mth.Ago YearAgo
CallRate 6.05% 5.98% 6.14% 5.84%
T‐Repo 6.00% 5.77% 6.13% NA
Repo 6.00% 6.00% 6.25% 6.00%
ReverseRepo 5.75% 5.75% 6.00% 5.75%
91DayT‐Bill 6.28% 6.18% 6.32% 6.03%
364DayT‐Bill 6.36% 6.30% 6.44% 6.45%
10YearGilt 7.41% 7.35% 7.36% 7.47%
G‐SecVol.(Rs.Cr) 31676 39093 31361 38257
CurrencyMarketUpdate
FBILMIBOR 6.10% 6.25% 6.28% 6.00%
3MonthCPRate 7.00% 6.80% 7.60% 6.90%
5YearCorpBond 8.48% 8.38% 8.39% 8.15%
1MonthCDRate 6.89% 6.54% 7.12% 6.42%
3MonthCDRate 6.77% 6.65% 7.29% 6.68%
1YearCDRate 7.17% 7.11% 7.79% 7.27%
CommodityMarketUpdate
Currency 12‐Apr Prev_Day Change
USD/INR 69.32 68.97 0.35
GBP/INR 90.56 90.28 0.28
EURO/INR 78.23 77.79 0.44
InternationalNews
JPY/INR 0.62 0.62 0.00
Commodity 12‐Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 63.81 63.05 56.84 67.02
BrentCrude($/bl) 72.21 70.52 64.77 71.68
Gold($/oz) 1290 1291 1302 1335
Gold(Rs./10gm) 31673 31615 32033 31013
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
15April2019
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Bond yields rose following surge in crude oil prices with rising fights in
Libya and OPEC‐led supply cuts. In addition, investors preferred to be on
the sidelines ahead of the Mar 2019 retail inflation data.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) rose 4 bps at
7.41% compared with the previous session’s close of 7.37% after trading
in a range of 7.37% to 7.41%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 6,128 crore (gross) on Apr 12, 2019, compared
with Rs. 11,780 crore (gross) as on Apr 11, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 15,326
crore on Apr 11, 2019.
• Banks borrowed Rs. 4,837 crore under the central bank’s Marginal
Standing Facility on Apr 11, 2019 compared with borrowings of Rs. 3,700
crore on Apr 10, 2019.
• Labor Department data showed U.S. import prices increased by more
than expected in Mar 2019, reflecting a spike in prices for fuel imports.
The Labor Department said import prices climbed 0.6% in Mar after
increasing by 1.0% in Feb 2019.
• A Labor Department report showed increase in energy prices
contributed to a bigger than expected increase in U.S. producer prices in
Mar 2019. The Labor Department said its producer price index for final
demand climbed 0.6% in Mar after inching up 0.1% in Feb 2019.
MarketsforYou
• Nifty Apr 2019 Futures were at 11,703.85, a premium of 60.40 points,
above the spot closing of 11,643.45. The turnover on NSE’s Futures and
Options segment plunged to Rs. 5,82,651.92 crore on Apr 12, 2019,
compared with Rs. 19,94,995.47 crore on Apr 11, 2019.
• The Put‐Call ratio stood at 0.85 compared with the previous session’s
close of 0.68.
• The Nifty Put‐Call ratio stood at 1.55 compared with the previous
session’s close of 1.24.
• Open interest on Nifty Futures stood at 16.77 million as against the
previous session’s close at 16.95 million.
• The India rupee declined against the greenback with rise in crude oil
prices as OPEC‐led supply cuts continued and Libya fights escalated. The
rupee closed at 69.15 a dollar, down 0.33% compared with the previous
close of 68.92.
• The euro saw a steep surge after a Japanese bank revealed its plan of
acquiring a German aviation finance giant. The euro was last seen trading
at 1.1317 a dollar, compared with the previous close of 1.1250.
• Gold prices were up on greenback weakness amid growing concerns over
global economic growth.
• Brent crude prices moved up as market sentiments were swayed by the
planned supply cuts by OPEC and its allies.
Thank you for
your time.

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