18Apr2019
MarketsforYou

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GlobalIndices
GlobalIndices 17‐Apr Prev_Day Abs.Change
%Change
#
DowJones 26,450 26,453 ‐3 ‐0.01
Nasdaq 7,996 8,000 ‐4 ‐0.05
FTSE 7,471 7,470 1 0.02
Nikkei 22,278 22,222 56 0.25
HangSeng 30,125 30,130 ‐5 ‐0.02
IndianIndices 16‐Apr Prev_Day Abs.Change
%Change
#
S&PBSESensex 39,276 38,906 370 0.95
Nifty50 11,787 11,690 97 0.83
Nifty100 11,950 11,856 94 0.79
NiftyBank 30,531 30,104 427 1.42
SGXNifty 11,854 11,746 109 0.92
S&PBSEPower 2,061 2,059 2 0.09
S&PBSESmallCap 15,172 15,115 57 0.37
S&PBSEHC 14,521 14,506 15 0.11
Date P/E Div.Yield P/E Div.Yield
16‐Apr 28.32 1.11 29.42 1.12
MonthAgo 28.15 1.13 28.01 1.18
YearAgo 23.62 1.14 26.13 1.22
Nifty50Top3Gainers
Company 16‐Apr Prev_Day
%Change
#
IndusIndBank 1815 1749 3.79
ICICIBank 407 393 3.63
HPCL 265 257 2.94
Nifty50Top3Losers DomesticNews
Company 16‐Apr Prev_Day
%Change
#
Wipro 281 288 ‐2.36
Cipla 559 566 ‐1.23
GAIL 352 354 ‐0.69
AdvanceDeclineRatio
BSE NSE
Advances 1277 896
Declines 1298 891
Unchanged 149 131
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 61238
MFFlows** 119
*16
th
Apr2019;**15
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)
18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
561
386
2.11%
(Dec‐18)
• Indian equity markets gained, touching record highs as the India
Meteorological Department (IMD) forecasted near‐normal monsoons in
the year. The prediction bolstered investor sentiment that earnings will
see a turnaround and improve the health of the economy. Also, markets
are expecting a stable government post elections and further rate‐cut by
the Reserve Bank of India.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.95% and
0.83%, respectively, to close at 39,275.64 and 11,787.15, respectively. S&P
BSE Mid‐Cap and S&P BSE Small Cap gained 0.12% and 0.37%,
respectively.
• The overall market breadth on BSE was weak with 1277 scrips advancing
and 1298 scrips declining. A total of 149 scrips remained unchanged.
• On the BSE sectoral front, all sectors except one gained. S&P BSE Bankex
was the major gainer, up 1.62%, followed by S&P BSE Consumer Durables,
up 1.16%, and S&P BSE Finance, up 1.08%. S&P BSE Telecom gained 1.03%
and S&P BSE Capital Goods gained 0.98%. S&P BSE Realty was the only
loser, down 0.86%.
• According to media reports, the government is considering easing
funding and construction norms for its ‘Housing for All’ programme. The
objective of the move is to increase the pace of construction of affordable
houses across the country. Some of the changes that the government is
considering to incorporate is giving more access of institutional financeto
the poor, relaxing the eligibility criteria in obtaining bank loans and
adopting the cycle cost approach towards construction of such houses in
order to lower cost and ensure quality of construction. The government is
also contemplating extending financial support to companies which use
recycled products from waste for construction of such houses.
• The Reserve Bank of India in a submission to the National Company Law
Appellate Tribunal (NCLAT) directed that banks need to show defaults of
Infrastructure Leasing & Financial Services Group companies as non‐
performing assets in their accounts. Earlier, NCLAT had directed banks to
seek approval from the tribunal before showing defaults of IL&FS group
accountsasnon‐performingassets.
• Data from the annual report of Asian Development Bank (ADB) of 2018
showed that ADB provided $3 billion in sovereign loans to India in 2018.
This was the highest level of assistance being provided by ADB to the
country since sovereign operations started in the country. Some of the
prominent developmental activities which ADB carried out was extending
an assistance of $60.2 million to improve the flood embankment systems
in Dibrugarh, Kaziranga, and Palasbari‐Gumi. ADB also extended a financial
assistance of $169 million to develop water supply, sewerage, and
drainage infrastructure in six cities in Tamil Nadu, installed the first solar‐
powered sewage treatment plant in the country and introduced smart
water management systems to put a check on water loss.
• Wipro reported a consolidated profit of Rs. 2,483 crore, up 37.74% YoY
as against Rs. 1,803 crore in the year‐ago period. Consolidated revenue
surged 8.98% YoY to Rs 15,006.30 crore. Additionally, its board of
directors approved a share buyback proposal.
• According to media reports, IDBI Bank has launched 'NRI‐Insta‐Online'
account opening process for Non‐Resident Indians (NRIs) living in Financial
Action Task Force (FATF) member countries. Hence, these NRI’s will now
be able to open account in IDBI Bank without submitting paper
documents.
• Asian equity markets were mixed although Chinese economic data came
in positive and eased worries about a global slowdown. Today (as of Apr
18), Asian markets opened on a mixed note following modestly fall on the
US. Wall Street overnight. Both Nikkei and Hang Seng were trading lower
0.36% and 0.47%, respectively (as at 8 a.m. IST).
• As per the last close, European markets mostly increased as investors
reacted positively following Eurozone and Chinese economic data.
However, gains were limited, amid mixed earnings reports for March
quarter from some major U.S. companies. A U.S. multinational beverage
and financial giant showed upbeat results, while a major media‐services
provider and a technology company gave disappointing guidance, despite
giving upbeat earnings.
• As per the last close, U.S markets fell modestly following mixed batch of
earnings news for the March quarter 2019 from U.S. big‐corporations such
as a multinational beverage, financial giant, media‐services provider and a
technology company.
MarketsforYou
FIIDerivativeTradeStatistics 16‐Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 2192.42 2414.79 19260.47
IndexOptions 114912.62 113620.35 72691.84
StockFutures 12030.65 12300.74 90018.08
StockOptions 7583.35 7753.62 8121.57
Total 136719.04 136089.50 190091.96
16‐Apr Prev_Day Change
PutCallRatio(OI) 1.82 1.61 0.21
IndianDebtMarket
PutCallRatio(Vol) 1.10 0.97 0.13
16‐Apr Wk.Ago Mth.Ago YearAgo
CallRate 6.04% 5.97% 6.23% 5.93%
T‐Repo 5.96% 5.95% 6.22% NA
Repo 6.00% 6.00% 6.25% 6.00%
ReverseRepo 5.75% 5.75% 6.00% 5.75%
91DayT‐Bill 6.33% 6.17% 6.28% 6.07%
364DayT‐Bill 6.40% 6.32% 6.37% 6.47%
10YearGilt 7.39% 7.37% 7.34% 7.49%
G‐SecVol.(Rs.Cr) 25688 33552 43737 32900
CurrencyMarketUpdate
FBILMIBOR 6.09% 6.05% 6.26% 6.00%
3MonthCPRate 7.00% 6.95% 7.50% 6.90%
5YearCorpBond 8.52% 8.44% 8.32% 8.18%
1MonthCDRate 6.72% 6.61% 7.18% 6.51%
3MonthCDRate 6.85% 6.72% 7.34% 6.63%
1YearCDRate 7.50% 7.19% 7.53% 7.28%
CommodityMarketUpdate
Currency 16‐Apr Prev_Day Change
USD/INR 69.58 69.23 0.35
GBP/INR 91.09 90.62 0.47
EURO/INR 78.65 78.30 0.35
InternationalNews
JPY/INR 0.62 0.62 0.00
Commodity 17‐Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 63.69 64.57 58.46 66.45
BrentCrude($/bl) 71.18 72.27 66.10 72.30
Gold($/oz) 1274 1308 1301 1347
Gold(Rs./10gm)^ 31641 31886 31966 31049
Source:ThomsonReutersEikon ^Ason16‐Apr‐19
Disclaimer:
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
18April2019
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DerivativeStatistics‐NiftyOptions
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Apr 2019 Futures were at 11,824.45, a premium of 37.30 points,
above the spot closing of 11,787.15. The turnover on NSE’s Futures and
Options segment rose to Rs. 10,54,523.93 crore on Apr 16, 2019,
compared with Rs. 6,40,559.64 crore on Apr 15, 2019.
• The Put‐Call ratio stood at 0.95 compared with the previous session’s
close of 0.88.
• The Nifty Put‐Call ratio stood at 1.82 compared with the previous
session’s close of 1.61.
• Open interest on Nifty Futures stood at 17.94 million as against the
previous session’s close at 17.35 million.
• Bond yields remained unchanged as market participants stood on the
side of caution ahead of the release of the Monetary Policy Committee's
Apr 2019 meeting’s minutes to get some clue on the interest rate
movement.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) remained
unchanged at 7.39% compared with the previous session’s close after
trading in a range of 7.38% to 7.40%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 8,448 crore (gross) on Apr 16, 2019, compared
with Rs. 4,996 crore (gross) as on Apr 15, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 9,871
crore on Apr 15, 2019.
• Banks borrowed Rs. 2,000 crore under the central bank’s Marginal
Standing Facility on Apr 15, 2019 compared with borrowings of Rs. 5 crore
on Apr 12, 2019.
• The India rupee declined against the U.S. dollar over increasing
greenback demand from importers. The rupee closed at 69.60 a dollar,
down 0.26% compared with the previous close of 69.42.
• The euro rose against the greenback after the growth of China’s
economy in the first quarter of 2019 came better than market
expectations. The euro was last seen trading at 1.1307 a dollar, up 0.24%
compared with the previous close of 1.1280.
• Gold prices were flat to marginally lower as market participants’ risk‐
taking appetite improved following strong economic data in China.
• Brent crude prices surged on concerns over tightened global supply
amid U.S. sanctions against oil exports from Iran and Venezuela.
• The National Bureau of Statistics said China's gross domestic product
(GDP) expanded a seasonally adjusted 1.4% QoQ in the first quarter of
2019. This was in line with expectations and down from 1.5% in the three
months prior. On a yearly basis, GDP expanded 6.4%, unchanged from Q4
and beating forecasts..
• A U.S. Federal Reserve report showed U.S. industrial production
unexpectedly declined in Mar 2019. The report said industrial production
dipped 0.1% in Mar after inching up 0.1% in Feb 2019. The unexpected
decrease in production came as mining output slid 0.8% in Mar after
coming in unchanged in the previous month.
MarketsforYou
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