23Apr2018
MarketsforYou
GlobalIndices
GlobalIndices 20‐Apr Prev_Day Abs.Change
%Change
#
DowJones 24,463 24,665 ‐202 ‐0.82
Nasdaq 7,146 7,238 ‐92 ‐1.27
FTSE 7,368 7,329 39 0.54
Nikkei 22,162 22,191 ‐29 ‐0.13
HangSeng 30,418 30,708 ‐290 ‐0.94
IndianIndices 20‐Apr Prev_Day Abs.Change
%Change
#
S&PBSESensex 34,416 34,427 ‐12 ‐0.03
Nifty50 10,564 10,565 ‐1 ‐0.01
Nifty100 10,967 10,975 ‐8 ‐0.07
NiftyBank 24,944 25,126 ‐182 ‐0.73
SGXNifty 10,600 10,575 25 0.24
S&PBSEPower 2,231 2,253 ‐22 ‐0.98
S&PBSESmallCap 18,178 18,174 4 0.02
S&PBSEHC 13,823 13,823 0 0.00
Date P/E Div.Yield P/E Div.Yield
20‐Apr 23.59 1.14 26.22 1.21
MonthAgo 22.72 1.19 24.69 1.29
YearAgo 22.46 1.38 23.16 1.26
Nifty50Top3Gainers
Company 20‐Apr Prev_Day
%Change
#
TCS 3402 3191 6.62
TechMahindra 701 665 5.31
HCLTech 1062 1019 4.30
Nifty50Top3Losers DomesticNews
Company 20‐Apr Prev_Day
%Change
#
YesBank 309 319 ‐3.12
ICICIBank 282 290 ‐2.57
TataSteel 606 622 ‐2.53
AdvanceDeclineRatio
BSE NSE
Advances 1148 745
Declines 1478 1048
Unchanged 146 76
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 10218
MFFlows** 39068
*20
th
Apr2018;**16
th
Apr2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
2.47%
(Mar‐18)
5.11%
(Mar‐17)
IIP
7.10%
(Feb‐18)
0.80%
(Feb‐17)
GDP
7.20%
(Dec‐17)
6.80%
(Dec‐16)
23April2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIPfrom2004‐05to2011‐12,andforCPIfrom2010
to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
8.50%
(Nov‐17)
6.50%
(Sep‐17)
QuarterAgo
Inflow/Outflow
324
‐647
3.58%
(Dec‐17)
• Indian equity markets closed marginally lower after the minutes of the
latest monetary policy meeting hinted that the policymakers could take a
more hawkish t one beginning Jun 2018, t hereby f ueling e x pectations of a
rate hike. This came amid concerns like increase in minimum support
prices for farmers and high and volatile crude prices.
• Weakness in Asian peers due to weakness in technology stocks added
to the losses. However, losses w ere restricted after an Indian IT major
posted better than expected results for the quarter ended Mar 2018 and
announced 1:1 bonus.
• Key benchmark indices S&P BSE Sensex and Nifty 50 slightly fell 0.03%
and 0.01% to close at 34,415.58 and 10,564.05, respectively. S&P BSE
Mid‐Cap fell 0 .44% and S&P BSE Small‐Cap grew 0.02%.
• On the BSE sectoral front, S&P BSE Utilities was the major loser down
1.22% followed by S&P BSE Realty that fell 1.07%. S&P BSE Bankex and
S&P BSE Power fell 1.04% and 0.98%, respectively. S&P BSE Information
Technology was the major gainer, up 4.80%, followed by S&P BSE Teck
(3.89%), S&P BSE Telecom (0.54%) and S&P BSE Auto ( 0.17%).
• Data from the Reserve Bank of India showed that India's foreign
exchange reserves r os e to $426.08 billion as on Apr 13, 2018, from
$424.86 billion in the previous week due to surge in foreign currency
assets. Foreign currency assets grew by $1.202 billion to $400.978 billion.
• Union finance secretary announced that the proposed new single page
Goods and Services Tax (GST) return filing system will be in place over the
next three to six months. The ministerial panel had decided at a meeting
on Apr 17, 2018, to roll out a new simplified model for GST return filing
system in single‐page. As per the simplified model, credit could be given
on a provisional basis once the supplier uploads the sales invoice. This
new proposed system is expected to ease the present problems.
• The Securities and Exchange Board of India (SEBI) brought in detailed
guidelines with regards to handling and maintenance of records, transfer
of securities, and payment of dividend by registrar and share transfer
agents. These norms come amid streamlining and strengthening of
procedures and are applicable for issuer companies and bankers to an
issue. SEBI stated that the documents that are prescribed must be
preserved for period not less than eight years post completion of the
relevant transactions by bankers to an issue, issuer companies or by
registrar and share transfer agents (RTA) on behalf of such firms.
• According to media reports, Parag Milk Foods has acquired Danone's
manufacturing facility in Sonipat, Haryana. The move will help Pa rag Milk
Foods expand its footprint in the north and northeast India.
• According to media reports, Ashok Leyland is expecting a 20% growth in
its bus business in the current fiscal year, after witnessing a 23% decline
last year.
• As per media reports, the proposed middle Kolab project in Odisha’s
Koraput dist rict could restrict water supply to the upcoming steel plant of
the National Mineral Development Corporation (NMDC) in Chhattisgarh’s
Bastar district.
• Asian markets moved down following negative cues from overnight U.S.
markets and lower crude oil prices. Chinese market weakened on heavy
selling in telecom a nd software stocks. Japanese market too faltered even
though some of the economic data matched market expectations. Japan’s
tertiary industry activity in Feb 2018 remained flat while o verall consumer
prices were up 1.1% over the year in Mar 2018. Today (As of April 23),
Asian markets were narrowly mixed following decline on the Wall Street
overnight.WhileNikkeiwastradinglower0.26%,HangSengindexwasup
0.16% (as at 8 a.m. IST).
• As per the last close, European market ended with mixed results after
seeing a range bound session. Absence of any major economic data at the
end of the trading week, leaving market participants to focus on
corporate financial results.
• As per the last close, U.S mark ets fell following plunge in the technology
sector. Technology sector dropped due to the fall in share price of a
major U.S. technology company after an analyst warned of disappointing
mobile sales in t he Jun quarter 2018.
MarketsforYou
FIIDerivativeTradeStatistics 20‐Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 2239.13 1447.51 19814.87
IndexOptions 103376.32 103306.98 74626.41
StockFutures 9800.76 9536.39 80951.65
StockOptions 7329.85 7344.24 7953.41
Total 122746.06 121635.12 183346.34
20‐Apr Prev_Day Change
PutCallRatio(OI) 1.62 1.63 ‐0.02
IndianDebtMarket
PutCallRatio(Vol) 1.30 1.44 ‐0.14
20‐Apr Wk.Ago Mth.Ago YearAgo
CallRate 5.97% 5.86% 5.92% 5.91%
CBLO 6.01% 4.86% 5.83% 6.07%
Repo 6.00% 6.00% 6.00% 6.25%
ReverseRepo 5.75% 5.75% 5.75% 6.00%
91DayT‐Bill 6.13% 6.05% 6.06% 6.04%
364DayT‐Bill 6.00% 6.47% 6.45% 6.28%
10YearGilt 7.72% 7.43% 7.62% 6.88%
G‐SecVol.(Rs.Cr) 43122 37876 25012 28343
CurrencyMarketUpdate
FBILMIBOR 6.01% 6.00% 6.00% 6.20%
3MonthCPRate 7.05% 6.90% 7.25% 6.72%
5YearCorpBond 8.42% 8.12% 7.95% 7.42%
1MonthCDRate 6.56% 6.47% 6.89% 6.14%
3MonthCDRate 6.79% 6.67% 6.82% 6.37%
1YearCDRate 7.43% 7.30% 7.27% 6.70%
CommodityMarketUpdate
Currency 20‐Apr Prev_Day Change
USD/INR 66.02 65.78 0.23
GBP/INR 92.73 93.42 ‐0.69
EURO/INR 81.46 81.39 0.07
InternationalNews
JPY/INR 0.61 0.61 0.00
Commodity 20‐Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 68.21 67.30 63.36 50.21
BrentCrude($/bl) 75.36 73.62 65.24 50.19
Gold($/oz) 1335 1345 1311 1281
Gold(Rs./10gm) 31298 30874 30251 29249
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
23April2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Apr 2018 Futures we re at 10,585.5 points, a premium of 21.45
points, over the spot closing of 10,564.05. The turnover on NSE’s Futures
and Options segment went down to Rs. 5,87,393.11 crore on Apr 20
from R s. 12,15,965.45 crore on Apr 19.
•ThePut‐Call ratio stood at 0.98 against previous session’s close of 0.94.
• The Nifty Put‐Call ratio stood at 1.62 against the previous session’s
close of 1.63.
• Open interest on Nifty Futures stood at 29.59 million as against the
previous session’s close of 29.06 million.
• Bond yields rose after the minutes of the Monetary Policy Committee’s
latest meeting showed that it may adopt m ore hawkish stance in future.
Rise in crude oil prices and r upee’s losses further weighed on investor
sentiment.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) rose 9 bps to
close at 7.72% from the previous close of 7.63%. During the session,
bond yields traded in the range of 7.65% and 7.80%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 17,282 crore (gross) on Apr 20 compared with
Rs. 10,335 crore on Apr 19. Sale of securities under Reserve Bank of
India’s (RBI) reverse repo window stood at Rs. 4,591 crore on Apr 19.
• Banks borrowed Rs. 476 crore under the ce ntral bank’s Marginal
Standing Facility on Apr 19 compared wi th Rs. 35 crore borrowed on Apr
18.
• The Indian rupee weakened against the greenback on growing
possibility that the Monetary Policy Committee may adopt a more
hawkish stance moving forward. The rupee fell 0.50% to close at 66.12
per dollar from the previous close of 65.79.
• Euro weakened against the greenback on expectations that the
European Central Bank will maintain status quo i n a meeting due next
week. Euro was trading at $1.2283, down 0.49% compared with the
previous close of $1.2344.
• Gold prices closed lower amid easing geopolitical concerns and as
dollar gained against the euro.
• Brent crude prices slipped amid news of an increase in the number of
operating oil rigs in the U.S. indicating an expansion in U.S. output.
• Data from the Conference Board showed U.S. leading economic index
rose 0.3% in Mar 2018, in line with market estimates but slower than
upwardly revised 0.7% growth in Feb 2018. The increase reflects positive
contributions from six of the 10 indicators.
• According to the Federal Reserve Bank of Philadelphia, manufacturing
activity in Philadelphia, known as diffusion index for current general
activity, rose u nexpectedly to 23.2 in Apr 2018 from 22.3 in M ar 2018.
The uptick was due to stronger job growth, which was partially offset by
weakness in new orders and shipments index.
• The Labor Department said U.S. initial jobless claims declined by 1,000
to 232,000 from the previous week's unrevised level of 233,000. Four‐
week moving average rose by 1,250 to 231,250 from the previous week's
unrevised average of 230,000.
MarketsforYou
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