18Apr2018
MarketsforYou
GlobalIndices
GlobalIndices 17‐Apr Prev_Day Abs.Change
%Change
#
DowJones 24,787 24,573 214 0.87
Nasdaq 7,281 7,156 125 1.74
FTSE 7,226 7,198 28 0.39
Nikkei 21,848 21,836 12 0.06
HangSeng 30,063 30,316 ‐253 ‐0.83
IndianIndices 17‐Apr Prev_Day Abs.Change
%Change
#
S&PBSESensex 34,395 34,305 90 0.26
Nifty50 10,549 10,528 20 0.19
Nifty100 10,950 10,929 21 0.19
NiftyBank 25,334 25,321 14 0.05
SGXNifty 10,571 10,546 25 0.24
S&PBSEPower 2 ,242 2,215 27 1.23
S&PBSESmallCap 18,132 18,082 50 0.28
S&PBSEHC 13,802 13,831 ‐29 ‐0.21
Date P/E Div.Yield P/E Div.Yield
17‐Apr 23.60 1.14 26.18 1.22
MonthAgo 22.93 1.18 24.87 1.28
YearAgo 22.47 1.38 23.17 1.26
Nifty50Top3Gainers
Company 17‐Apr Prev_Day
%Change
#
PowerGrid 205 199 2.86
HUL 1446 1420 1.84
NTPC 177 174 1.64
Nifty50Top3Losers DomesticNews
Company 17‐Apr Prev_Day
%Change
#
AxisBank 532 542 ‐1.84
BhartiInfratel 334 340 ‐1.78
Wipro 285 290 ‐1.78
AdvanceDeclineRatio
BSE NSE
Advances 1373 963
Declines 1276 841
Unchanged 154 77
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 12882
MFFlows** 38744
*17
th
Apr2018;**13
th
Apr2018
EconomicIndicator
YoY(%) Current YearAgo
WPI
2.47%
(Mar‐18)
5.11%
(Mar‐17)
IIP
7.50%
(Jan‐18)
0.80%
(Feb‐17)
GDP
7.20%
(Dec‐17)
6.80%
(Dec‐16)
18April2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
8.50%
(Nov‐17)
6.50%
(Sep‐17)
QuarterAgo
Inflow/Outflow
599
‐349
3.58%
(Dec‐17)
• Indian equity markets closed higher after the India Meteorological
Department forecasted that India will receive normal monsoon for the
third year in a row. Also, investors shrugged off concerns over geopolitical
tension between the U.S. and Russia and focused on the upcoming
corporate earnings results from industry majors.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.26% and
0.19% to close at 34,395.06 and 10,548.70, respectively. S&P BSE Mid‐
Cap and S&P B SE Small‐Cap grew 0.28% each.
• The overall market breadth on BSE was strong with 1,373 scrips
advancing and 1,276 scrips declining. A total of 154 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Power was the major gainer, up
1.23%, followed by S&P BS E Realty that grew 1 .21%. S&P BSE FMCG, S&P
BSE Utilities and S&P BSE Consumer Durables each grew 1.05%. The top
losers were S&P BSE Information Technology (‐0.38%), S&P BSE Teck (‐
0.36%), S&P BSE Auto (‐0.23%) and S&P BSE Healthcare (‐0.21%).
• The World Bank projected the Indian economy to grow 7.3% this year
and 7.5% each in 2019 and 2020. The growth is expected to c ome on the
back of sustained recovery in private investment and private
consumption. The bank noted that the Indian economy has recovered
from the woes of demonetization and the Goods and Services Tax (GST)
which earlier had disrupted economic activity and had a negative impact
on the poor and vulnerable. World Bank underlined the importance of
accelerating investments and exports to take advantage of the ongoing
recovery in global growth. On a separate note, World Bank identified
certain aspects namely regulatory and policy challenges, imminent h ike in
U.S. interest rates and corporate debt overhang, which may threaten the
growth prospects of the Indian economy.
• According to media reports the ministry of state for finance has assured
to resolve the crisis of an alleged cash crunch in the country. The ministry
noted that presently there was an imbalance of currency in various states
andboththegovernmentandtheReserveBankofIndiaarelookinginto
it.
• According to media reports, I ndian railways has posted its highest ever
passenger earnings for the f inancial year 2017‐18. Passenger earnings
have grown 4.2% to Rs. 490 billion in FY18 from Rs. 470 billion in the
previous fiscal. Freight earnings during the fiscal under review also grew
8.09% to Rs. 84.61 billion.
• Vedanta Ltd.'s resolution plan for the insolvent Electrosteel Steels Ltd.
has been approved by the National Company Law Tribunal's (NCLT)
Kolkata bench. According to NCLT, the resolution plan should come into
force with immediate effect.
• Capricorn Food Products India Ltd. has received approval to launch an
initial public offering (IPO) from the Securities and Exchange Board of
India. Capricorn Food Products India, an integrated food processing
company had filed IPO papers in Feb 2 018. The IPO constitutes of f resh
issuance o f equity s hares worth Rs. 1.71 billion and an offer for sale of up
to 7.64 million scrips by the existing shareholders.
• Asian markets t raded i n mixed as investors r emained cautious over
developments in Syria following U.S.’ air strikes last week and after China
reported mixed economic data. China’s gross domestic product (GDP)
rose in the first quarter on a yearly basis matching market expectations
while growth in industrial production and fixed asset investment in Mar
2018 missed the m a rket forecast. However, optimism over the upc o ming
meeting between Japanese Prime Minister and U.S. President restricted
losses. Today (As of Apr 18), Asian markets opened in green following
gains in the U.S. Wall Street. Both Nikkei and Hang Seng grew 1.22% and
1.35%, respectively (as at 8. a.m. IST).
• As per the last close, European markets ended h igher amid ease in
geopolitical concerns and gains in the U.S. Wall Street. Strong quarterly
earnings from few companies also added to the gains.
•Asperthelastclose,U.Smarketsendedhigherfollowingstrongearning
results of few companies in first quarter of 2018. Upbeat U.S. housing
starts and industrial production data in Mar 2018 also a dded to the gains.
MarketsforYou
FIIDerivativeTradeStatistics 17‐Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 1535.08 1553.49 17640.82
IndexOptions 61745.73 61561.63 72383.11
StockFutures 8143.62 8105.87 80225.64
StockOptions 6535.08 6615.50 6760.69
Total 77959.51 77836.49 177010.26
17‐Apr Prev_Day Change
PutCallRatio(OI) 1.64 1.66 ‐0.02
IndianDebtMarket
PutCallRatio(Vol) 1.30 1.42 ‐0.11
17‐Apr Wk.Ago Mth.Ago YearAgo
CallRate 5.86% 5.89% 5.97% 5.98%
CBLO 5.91% 5.96% 5.29% 6.01%
Repo 6.00% 6.00% 6.00% 6.25%
ReverseRepo 5.75% 5.75% 5.75% 6.00%
91DayT‐Bill 6.02% 6.05% 6.12% 5.97%
364DayT‐Bill 6.45% 6.48% 6.44% 6.10%
10YearGilt 7.49% 7.38% 7.56% 6.85%
G‐SecVol.(Rs.Cr) 25494 52728 40873 24629
CurrencyMarketUpdate
FBILMIBOR 6.00% 6.00% 5.99% 6.15%
3MonthCPRate 6.90% 6.85% 7.31% 6.72%
5YearCorpBond 8.18% 8.10% 7.94% 7.44%
1MonthCDRate 6.50% 6.35% 6.80% 6.10%
3MonthCDRate 6.80% 6.34% 6.69% 6.36%
1YearCDRate 7.28% 7.29% 7.26% 6.68%
CommodityMarketUpdate
Currency 17‐Apr Prev_Day Change
USD/INR 65.61 65.45 0.16
GBP/INR 94.21 93.28 0.93
EURO/INR 81.32 80.74 0.58
InternationalNews
JPY/INR 0.61 0.61 0.00
Commodity 17‐Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 66.45 65.43 62.28 52.57
BrentCrude($/bl) 72.30 70.09 64.32 55.30
Gold($/oz) 1347 1339 1313 1284
Gold(Rs./10gm) 31099 30624 30299 29400
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
18April2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Apr 2018 Futures were at 10,551.2 points, a premium of 2.50
points, over the spot clo si ng of 10,548.70. The turnover on NSE’s Futures
and Options seg ment went up from Rs. 5,16,837.82 crore on Apr 16 to
Rs. 5,87,461.49 cr ore on Apr 17.
•ThePut‐Call ratio s tood unchanged from the previous session’s close of
1.05.
• The Nifty Put‐Call ratio stood at 1.64 against the previous session’s
close of 1.66.
• Open interest on Nifty Futures stood at 28.14 million as against the
previous session’s close of 27.57 million.
• Bond yields sto od steady amid low trading activity. Investors also
preferred to remain on the sidelines ahead of Monetary Policy
Committee’s latest policy meeting minutes, due later this week.
•Yieldonthe10‐year benchmark paper (7.17% GS 2028) stood steady at
7.49%. During the session, b ond yields t raded in t he ra nge of 7.47% and
7.51%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,705 crore (gross) on A pr 17 co m pared with
Rs.8,610croreonApr16.SaleofsecuritiesunderReserveBankof
India’s (RBI) reverse repo window stood at Rs. 12,369 crore on Apr 16.
• Banks borrowed Rs. 600 crore under the central bank’s Marginal
Standing Facility on Apr 16 compared with Rs. 1,380 crore borrowed on
Apr 13.
• The Indian rupee weakened and touched near 7‐month low against the
U.S. dollar due to consistent greenback demand from oil and other
importers.
• Euro was trading lower against the broadly strong U.S. dollar following
better than expected U.S. housing starts/building permits data for Mar
2018. Meanwhile, geopolitical tensions remained in focus amid lingering
concerns over a U.S. and China trade spat.
• Gold prices traded lower as the risk appetite of the investors grew
following upbeat corporate earnings results for the first quarter of 2018.
• Brent crude prices traded higher amid concerns over probable
disruption in crude supply from Iran.
• According to the Commerce Department, U.S. retail sales grew 0.6% in
Mar 2018 following 0.1% decline in Feb 2018. More than expected
increase in retail sales was primarily due to rebound in sales by motor
vehicle and parts dealers.
• According to the National Association of Home Builders, U.S.
homebuilder confidence fell unexpectedly to 69 in Apr 2018 from 70 in
Mar 2018. The marginal fall in builder c onfidence is likely due to winter
weather effects.
• According to report from the Commerce Department, U.S. business
inventories g rew 0.6% in Feb 2018, same rate of growth as in Jan 2018
and in line with market expectations.
MarketsforYou
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