24Apr2018
MarketsforYou
GlobalIndices
GlobalIndices 23‐Apr Prev_Day Abs.Change
%Change
#
DowJones 24,449 24,463 ‐14 ‐0.06
Nasdaq 7,129 7,146 ‐18 ‐0.25
FTSE 7,399 7,368 31 0.42
Nikkei 22,088 22,162 ‐74 ‐0.33
HangSeng 30,254 30,418 ‐164 ‐0.54
IndianIndices 23‐Apr Prev_Day Abs.Change
%Change
#
S&PBSESensex 34,451 34,416 35 0.10
Nifty50 10,585 10,564 21 0.20
Nifty100 10,993 10,967 26 0.24
NiftyBank 24,961 24,944 17 0.07
SGXNifty 10,580 10,600 ‐20 ‐0.18
S&PBSEPower 2,231 2,231 0 0.02
S&PBSESmallCap 18,274 18,178 96 0.53
S&PBSEHC 14,002 13,823 178 1.29
Date P/E Div.Yield P/E Div.Yield
23‐Apr 23.48 1.14 26.27 1.21
MonthAgo 22.50 1.20 24.38 1.30
YearAgo 22.43 1.39 23.12 1.26
Nifty50Top3Gainers
Company 23‐Apr Prev_Day
%Change
#
AurobindoPharma 643 619 3.87
IndusIndBank 1874 1813 3.40
M&M 824 800 3.10
Nifty50Top3Losers DomesticNews
Company 23‐Apr Prev_Day
%Change
#
IndiabullsHFC 1321 1356 ‐2.58
Hindalco 256 262 ‐2.48
UnitedPhos 754 766 ‐1.56
AdvanceDeclineRatio
BSE NSE
Advances 1384 922
Declines 1304 884
Unchanged 159 77
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 10093
MFFlows** 42224
*23
rd
Apr2018;**20
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)
24April2018
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
198
‐124
3.58%
(Dec‐17)
• The Prime Minister gave approval to the proposal put forward by the
ministry of labour regarding social security p lan. The plan is ex pecte d to
provide coverage to 500 million workers with the poorest being the first
to be benefited.
• To improve cyber security, Securities and Exchange Board of India (SEBI)
proposed to inculcate bio metric check for traders and investors whe n
they purchase or sell stocks through mobile applications. SEBI added that
brokers should ensure that no person by virtue of rank or position shall
have access to confidential data, facilities, system resources and
applications. It added that after a certain number of failed login attempts,
the customer’s account sho uld g et locked till f resh a uthentication is
carried out. Employees/outsourced res ources having access to critical
data shall be subject to stringent monitoring.
• According to the World Bank, India became the highest recipient of
remittances in 2017 at $69 billion. Remittances grew by a sharp 9.9%
from $62.7 billion in 2016, in contrast to the sharp decline of 8.9% from
2015 level.
• According to the Reserve Bank of India Governor (RBI), the performance
of the Indian economy was resilient in FY18 and it expected to g o up
further in the current fiscal. He cited several factors including sound
activity in the manufacturing and services sector, increase in sales, rise in
capacity utilizatio n and a record h igh harvest in the agriculture sector.
Normal monsoons and effective food supply management may moderate
food prices and thereby keep inflation under control.
• HDFC Bank witnessed rise in net profit by 20.3% to Rs. 4,799 crore after
providing for Rs. 2,495.3 crore for taxation for the quarter ended Mar
2018. The bank has also recommended a dividend of Rs. 13 per equity
share of Rs. 2 each out of the net profits for the year ended Mar 2018.
MarketsforYou
•AsianmarketsclosedintheredamidrisingU.S.bondyields,whichwas
due to growing speculation that the U.S Federal Reserve will continue to
raise i nterest rates in 2018. Investors also remained on the sidelines
ahead of the inter‐K orea and U.S. summit scheduled d uring the end of
this week. Today (As of April 24), Asian markets were mostly trading
higher despite decline on the Wall Street overnight. Both Nikkei and Hang
Seng index were trading higher 0.32% and 0.36%, respectively (as at 8
a.m. IST).
•Asperthelastclose,Europeanmarketclosedonpositivenoteas
investors reacted to fresh corporate earnings. However, concerns over
rising U.S. 10‐year Treasury yield restricted gains. Disappointing Mar
quarter results b y two major financial giants further dented sentiment.
• As per the last close, U.S markets was slightly lower after moving in a
range during the session. Concerns about rising treasury yields led to the
fall, with the yield on the 10‐year benchmark paper nearing 3%.
• Indian equity markets witnessed heavy intra‐day buying interest, but
closed margin ally higher during the en d. Gains were led by a major IT
company after it touched the $100 billion market capitalisation mark
during the day. Also, steady buying was seen in realty, healthcare and
consumer durables stocks. However, the markets soon gave up most of
the gains owing to profit booking and cautious stance amid weak Asian
cues.
• Key benchmark indices S&P BSE Sensex and Nifty 50 went up 0.10% and
0.20% to clo se at 34,450.77 and 10,584.70, respectively. S&P BSE M id‐
Cap and S&P BSE Small‐Cap rose 0.49% and 0.53%, respectively.
• The overall market breadth on BSE was positive with 1,384 scrips
advancing and 1,304 scrips d eclining. A total of 159 scrips remained
unchanged.
• On the BSE sectoral front, majority of the indices closed in the green.
S&P BSE Realty was the to p gainer, up 1.78%, followed b y S&P BS E
Healthcare and S&P BSE Consumer Durables, which rose 1.29% and
0.68%, respectively. S&P BSE IT and S&P BSE Telecom too went up 0.67%
and 0.64%, respectively.
FIIDerivativeTradeStatistics 23‐Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 2153.99 1954.28 20693.54
IndexOptions 53324.69 53138.99 74733.27
StockFutures 11048.40 11473.80 80525.48
StockOptions 11263.61 11132.90 8364.13
Total 77790.69 77699.97 184316.42
23‐Apr Prev_Day Change
PutCallRatio(OI) 1.64 1.62 0.02
IndianDebtMarket
PutCallRatio(Vol) 1.16 1.30 ‐0.15
23‐Apr Wk.Ago Mth.Ago YearAgo
CallRate 5.90% 5.93% 5.93% 5.93%
CBLO 5.99% 5.91% 5.82% 6.07%
Repo 6.00% 6.00% 6.00% 6.25%
ReverseRepo 5.75% 5.75% 5.75% 6.00%
91DayT‐Bill 6.15% 6.07% 6.12% 6.06%
364DayT‐Bill 6.45% 6.47% 6.50% 6.15%
10YearGilt 7.74% 7.49% 7.56% 6.92%
G‐SecVol.(Rs.Cr) 29374 32900 40602 46723
CurrencyMarketUpdate
FBILMIBOR 6.00% 6.00% 6.05% 6.20%
3MonthCPRate 7.15% 6.90% 7.33% 6.73%
5YearCorpBond 8.47% 8.18% 8.08% 7.46%
1MonthCDRate 6.58% 6.51% 7.12% 6.13%
3MonthCDRate 6.69% 6.63% 7.06% 6.37%
1YearCDRate 7.45% 7.28% 7.35% 6.69%
CommodityMarketUpdate
Currency 23‐Apr Prev_Day Change
USD/INR 66.22 66.02 0.20
GBP/INR 92.84 92.73 0.12
EURO/INR 81.27 81.46 ‐0.19
InternationalNews
JPY/INR 0.61 0.61 0.00
Commodity 23‐Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 67.56 66.18 65. 79 49.59
BrentCrude($/bl) 75.43 72.49 68.62 49.02
Gold($/oz) 1324 1346 1347 1284
Gold(Rs./10gm) 31213 31049 30700 29320
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
24April2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• B ond yields rose following sharp rise in U.S. Treasury yields. H igher
crude oil prices and losses in Indian rupee too weighed on domestic
bond market.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) rose 2 bps to
close at 7.74% from the previous close of 7.72%. During the session,
bond yields traded in the range of 7.66% and 7.77%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 12,010 crore (gross) on Ap r 23 compared with
Rs. 17,282 crore on Apr 20. Sale of securities under Reserve Bank of
India’s (RBI) reverse repo window stood at Rs. 3,262 crore on Apr 20.
• Banks borrowed Rs. 300 crore under the central bank’s Marginal
Standing Facility on Apr 20 compared with Rs. 476 crore borrowed on
Apr 19.
• Gold prices moved down on stronger dollar against the euro.
• Brent crude prices moved up as geopolitical tension in the Middle East
raised concerns about supply disruptions.
• A flash report from IHS Markit showed that Germany’s composite
output index surpassed market expectations and came in at 55.3 in Apr
2018, up from 55.1 in Mar 2018. The services Purchasing Managers'
Index (PMI) came in at 54.1 in Apr, up from 53.9 in Mar and the
manufacturing PMI came in at 58.1 in Apr as against 58.2 in Mar.
• A flash report from the IHS Markit showed that euro zone’s composite
output index remained unchanged at 55.2 in Apr 2018. The services PMI
slightly grew to 55.0 in Apr as ag ainst 54.9 in Mar 2018. Meanwhile,
factory PMI declined to 56.0 in Apr from 56.6 in Mar.
MarketsforYou
• Nifty Apr 2018 Futures were at 10,585.45 points, a premium of 0.75
points, over the spot closing of 10,584.70. The turnover on NSE’s Futures
and Options segment went up to Rs. 7,37,658.12 crore on Apr 23 from Rs.
5,87,393.11 crore on Apr 20.
•ThePut‐Call ratio stood at 0.88 against previous session’s close of 0.98.
• The Nifty Put‐Call ratio stood at 1.64 against the previous session’s
close of 1.62.
• India VIX moved up 1.15% to 13.08 75 from 12.8625 in the previous
trading session.
• Open i nterest on Nifty Futures stood at 30.07 million as against the
previous session’s close of 29.59 million.
• The Indian rupee weakened against the greenback amid concerns ove
r
rising global crude oil prices. The rupee fell 0.54% to close at 66.48 pe
r
dollar from the previous close of 66.12.
• Euro fell against the greenback as the latter strengthened on growin
g
possibility that the U.S. Federal Reserve will continue to raise in terest
rates in 2018. Euro was trading at $1.2 231, down 0.45% compared with
the previous close of $1.2286.
Thank you for
your time.