25Apr2018
MarketsforYou
GlobalIndices
GlobalIndices 24‐Apr Prev_Day Abs.Change
%Change
#
DowJones 24,024 24,449 ‐425 ‐1.74
Nasdaq 7,007 7,129 ‐121 ‐1.70
FTSE 7,425 7,399 27 0.36
Nikkei 22,278 22,088 190 0.86
HangSeng 30,636 30,254 382 1.26
IndianIndices 24‐Apr Prev_Day Abs.Change
%Change
#
S&PBSESensex 34,617 34,451 166 0.48
Nifty50 10,614 10,585 30 0.28
Nifty100 11,022 10,993 29 0.26
NiftyBank 25,042 24,961 81 0.33
SGXNifty 10,662 10,580 82 0.77
S&PBSEPower 2 ,223 2,231 ‐8 ‐0.37
S&PBSESmallCap 18,250 18,274 ‐24 ‐0.13
S&PBSEHC 14,064 14,002 62 0.45
Date P/E Div.Yield P/E Div.Yield
24‐Apr 23.62 1.14 26.35 1.21
MonthAgo 22.50 1.20 24.38 1.30
YearAgo 22.50 1.38 23.41 1.25
Nifty50Top3Gainers
Company 24‐Apr Prev_Day
%Change
#
RIL 970 936 3.64
YesBank 324 313 3.50
M&M 839 824 1.73
Nifty50Top3Losers DomesticNews
Company 24‐Apr Prev_Day
%Change
#
Hindalco 237 256 ‐7.37
Wipro 287 297 ‐3.50
Infosys 1155 1188 ‐2.80
AdvanceDeclineRatio
BSE NSE
Advances 1180 789
Declines 1497 1020
Unchanged 140 65
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 9836
MFFlows** 42632
*24
th
Apr2018;**23
rd
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)
25April2018
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
409
‐257
3.58%
(Dec‐17)
• Indian equity markets closed higher amid gains in energy and finance
stocks. Positive cues from the Asian markets also boosted investor
sentiment. However, gains were restricted due to decline in aluminum
prices that hurt metal stocks.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.48% and
0.28% to close at 34,616.64 and 10,614.35, respectively. S&P BSE Mid‐
Cap and S&P BSE Small‐Cap fell 0.02% and 0.13%.
• The overall market breadth on BSE was weak with 1,497 scrips declining
and 1,180 scrips advancing. A total of 140 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up
2.39%, followed by S&P BSE Oil & Gas that grew 1.50%. S&P BSE Capital
Goods and S&P BSE Finance grew 0.65% and 0.57%, respectively. S&P BSE
Metal was the major loser, down 1.82%, followed by S&P BSE Information
Technology that fell 1.69%. S&P BSE Teck and S&P BSE Basic Materials fell
1.48% and 1.01%, respectively.
• According to data from the Centre for Monitoring Indian Economy,
unemployment rate in the country has doubled from 3.39% in Jul 2017 to
6.23% in Mar 2018. It is expected to further increase to 6.75% in Apr
2018. The number of jobs in the FY18 declined to 406 million as
compared to 406.7 million in FY17. Volatility in the agriculture sector due
to drought, unseasonal rains, bad crop, etc. affect the Indian workforce as
almost half of it is dependent on agriculture.
• According to the joint secretary ‐ Ministry of Agriculture, agricultural
credit is growing every year. He further informed that the agricultural
credit stood at Rs. 10 lakh crore in FY18. He cited the need for increasing
the flow of agricultural credit to small farmers and providing loan to
tenant cultivators. The chief of Warehousing Development and
Regulatory Authority informed that electronic issuance of negotiable
warehousing receipts would soon start. This would help farmers get the
much needed bank finance against their stocks.
• According to media reports, the government is considering change in
the Insolvency and Bankruptcy Code. The changes will give power to the
central government to modify or exempt medium and small enterprises
(MSMEs) from various provisions of the code including Section 29A that
bars the companies with non‐performing loans from bidding under the
resolution process.
• Bharti Airtel recorded sharp decline in consolidated net profit by
77.79% YoY to Rs. 82.90 crore in the quarter ended Mar 2018 as
compared wit h profit of Rs. 373.40 cro r e in the quarter ended Mar 2017
and Rs. 305.80 crore in the quarter ended Dec 2017.
• Bharti Infratel reported rise in consolidated net profit by 1.5% YoY to Rs.
606 crore in quarter ended Mar 2018, from Rs. 597 crore in the year‐ago
period. Reduced finance costs helped the company to generate profits.
However, a sharp fall in colocation of telecom sites amid ongoing
consolidation among carriers restricted growth levels.
• Asian markets went up as buying i nterest w as seen in C hinese m arkets
after Politburo, the top decision‐making body of Communist party, said
that China would endeavour to achieve its economic targets for 2018
amid rising global trade tensions. Growing speculation over imminent
rate hike by U.S. Federal Reserve restricted market gains. Today (As of
April 25), Asian markets opened lower following decline on the Wall
Street overnight. Both Nikkei and Hang Seng index were trading lower
0.47% and 0.49%, respectively (as at 8 a.m. IST).
• As per the last close, European market closed on mixed note as initial
gains were pared by weak start on the Wall Street overnight. Investors
largely ignored weaker than expected German business confidence data
but monitored mixed batch of corporate financial results.
• As per the last close, U.S markets plunged on concerns over continuous
rise in U.S. treasury yields and after an executive of a major U.S. heavy
equipment maker hinted that the U.S. economic growth may slow later in
the year.
MarketsforYou
FIIDerivativeTradeStatistics 24‐Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 3385.89 3209.33 21073.43
IndexOptions 74105.34 74025.92 76368.36
StockFutures 20012.66 20143.15 80940.78
StockOptions 12239.13 12402.07 8631.63
Total 109743.02 109780.47 187014.20
24‐Apr Prev_Day Change
PutCallRatio(OI) 1.70 1.64 0.06
IndianDebtMarket
PutCallRatio(Vol) 1.13 1.16 ‐0.03
24‐Apr Wk.Ago Mth.Ago YearAgo
CallRate 5.82% 5.86% 5.93% 6.00%
CBLO 5.95% 5.91% 5.82% 6.14%
Repo 6.00% 6.00% 6.00% 6.25%
ReverseRepo 5.75% 5.75% 5.75% 6.00%
91DayT‐Bill 6.15% 6.02% 6. 12% 6.07%
364DayT‐Bill 6.45% 6.45% 6.50% 6.00%
10YearGilt 7.68% 7.49% 7.56% 6.94%
G‐SecVol.(Rs.Cr) 42160 25494 40602 27151
CurrencyMarketUpdate
FBILMIBOR 6.02% 6.00% 6.05% 6.21%
3MonthCPRate 7.25% 6.90% 7.33% 6.73%
5YearCorpBond 8.40% 8.18% 8.08% 7.47%
1MonthCDRate 6.70% 6.50% 7.12% 6.15%
3MonthCDRate 6.67% 6.80% 7.06% 6.36%
1YearCDRate 7.50% 7.28% 7.35% 6.70%
CommodityMarketUpdate
Currency 24‐Apr Prev_Day Change
USD/INR 66.36 66.22 0.14
GBP/INR 92.51 92.84 ‐0.33
EURO/INR 81.05 81.27 ‐0.21
InternationalNews
JPY/INR 0.61 0.61 0.00
Commodity 24‐Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 67.64 66.45 65. 79 48.87
BrentCrude($/bl) 76.60 72.30 68.62 48.54
Gold($/oz) 1330 1347 1347 1275
Gold(Rs./10gm) 31131 31099 30700 29076
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
25April2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Apr 2018 Futures were at 10617.9 points, a premium of 3.55
points, over the spot closing of 10,614.35. The turnover on NSE’s Futures
and Options segment went down to Rs. 7,13,076.52 crore on Apr 24
from Rs. 7,37,658.12 crore on Apr 23.
•ThePut‐Call ratio stood at 0.95 against previous session’s close of 0.88.
• The Nifty Put‐Call ratio stood at 1.70 against the previous session’s
close of 1.64.
• Open interest on Nifty Futures stood at 29.31 million as against the
previous session’s close of 30.07 million.
• Bond yields fell for the first time in seven sessions as investors resorted
to value buying. Gains in the Indian rupee further boosted domestic debt
market.
•Yieldonthe10‐y ear benchmark paper (7.17% GS 2028) fell 6 bps to
close at 7.68% from the previous close of 7.74%. During the session,
bond yields traded in the range of 7.64% and 7.75%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 11,095 crore (gross) on A p r 24 compared with
Rs. 12,010 crore on Apr 23. Sale of securities under Reserve Bank of
India’s (RBI) reverse repo window stood at Rs. 9,532 crore on Apr 23.
• Banks borrowed Rs. 90 crore under the central bank’s Marginal
Standing Facility on Apr 23 compared with Rs. 300 crore borrowed on
Apr 20.
• The Indian rupee strengthened against the U.S. dollar following
increased gr eenback sales. However, higher crude oil prices capped the
gains. The rupee grew 0.15% to close at 66.38 per dollar from t he
previous close of 66.48 per dollar.
• The euro weakened against the greenback amid concerns that
European Central Bank policymakers would indicate a more cautious
stance at a policy meeting scheduled later in the week. Euro fell 0.03%
and was trading at $1.2203, down from the previous close of 1.2207.
• Gold prices inched up as investors remained cautious of upcoming
summit between U.S. and Korean peninsula and upcoming ECB meeting.
• Brent crude prices continued with its upward momentum following
renewed U.S. sanctions on Iran.
• According to a report from National Association of Realtors, existing
home sales in the U .S. grew 1.1% to 5.60 m illio n in Mar 2018 as against
an increase of 3% to 5.54 million in Feb 2018. Though existing home
sales grew for the second month in a row, it was down 1.2% YoY.
• A report from Office for National Statistics showed that U.K. public
sector net borrowing, excluding public sector banks fell GBP 0.8 billion to
GBP 1.3 billion in Mar 2018. Th is marked the lowest net borrowing since
2004.
• According to a report from the Ifo Institute, Germany’s business
sentiment index waned more than market expectations in Apr 2018 and
fell to 102.1 in Apr 2018 as against 103.3 in Mar 2018.
MarketsforYou
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