06Aug2018
MarketsforYou
GlobalIndices
GlobalIndices 03‐Aug Prev_Day Abs.Change
%Change
#
DowJones 25,463 25,326 136 0.54
Nasdaq 7,812 7,803 9 0.12
FTSE 7,659 7,576 83 1.10
Nikkei 22,525 22,513 13 0.06
HangSeng 27,676 27,715 ‐38 ‐0.14
IndianIndices 03‐Aug Prev_Day Abs.Change
%Change
#
S&PBSESensex 37,556 37,165 391 1.05
Nifty50 11,361 11,245 116 1.03
Nifty100 11,649 11,536 113 0.98
NiftyBank 27,696 27,356 340 1.24
SGXNifty 11,398 11,278 120 1.06
S&PBSEPower 1 ,992 1,981 11 0.54
S&PBSESmallCap 16,834 16,640 194 1.16
S&PBSEHC 14,675 14,511 163 1.13
Date P/E Div.Yield P/E Div.Yield
3‐Aug 23.97 1.18 28.23 1.18
MonthAgo 22.57 1.24 25.85 1.22
YearAgo 24.33 1.20 25.50 0.96
Nifty50Top3Gainers
Company 03‐Aug Prev_Day
%Change
#
IndiabullsHFC 1378 1299 6.08
AxisBank 575 547 5.03
VedantaLimited 222 214 3.85
Nifty50Top3Losers DomesticNews
Company 03‐Aug Prev_Day
%Change
#
AmbujaCem 226 229 ‐1.18
TechMahindra 663 669 ‐0.93
TataMotors 258 261 ‐0.92
AdvanceDeclineRatio
BSE NSE
Advances 1768 1284
Declines 937 548
Unchanged 145 73
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐3706
MFFlows** 72360
*3
rd
Aug2018;**1
st
Aug2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
5.00%
(Jun‐18)
1.46%
(Jun‐17)
IIP
3.20%
(May‐18)
2.90%
(May‐17)
GDP
7.70%
(Mar‐18)
6.10%
(Mar‐17)
06August2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
6.90%
(Feb‐18)
7.00%
(Dec‐17)
QuarterAgo
Inflow/Outflow
‐238
‐553
4.28%
(Mar‐18)
• Domestic equity markets inched higher after two consecutive days of
loss. The India Meteorological Department estimating normal rains in Aug
and Sep 2018, gains in financial stocks and positive Asian cues s upported
the bourses. Also, India’ services sector growth for Jul 2018 came in
strongest since Oct 2016.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 1.05% and
1.03% to close at 37,556.16 and 11,360.80, respectively. S&P BSE Mid‐
Cap and S&P BSE Small Cap grew 0.93% and 1.16%, respectively.
• The overall market breadth on BSE was strong with 1768 scrips
advancing and 937 scrips declining. A total of 145 scrips remained
unchanged.
• On the BSE sectoral front, all the sectors gained. S&P BSE Bankex stood
as the major gainer, up 1.64% followed by S&P BSE Consumer Durables
that grew 1.52%. S&P BSE Metal and S&P BSE Finance grew 1.5% and
1.44%. S&P BSE Healthcare and S&P BSE Utilities grew 1.13% and 0.98%.
• Business activity saw the strongest growth in Jul 2018 since Oct 2016,
according to a monthly survey. On the back of improved demand,
seasonally adjusted Nikkei India Services Business A ctivity Index increased
from 52.6 in Jun 2018 to 54.2 in Jul 2018. New businesses increased at
the fastest pace since Jun 2017. A score above 50 means expansion a nd
below 50 reflects contraction.
• According to media reports, the Securities and Exchange Board of India
(SEBI) is in the final stages of allowing futures trading in petrol and diesel.
The step will benefit more than 60,000 retail petrol pumps, small and big
transporters, bulk users and diesel‐consuming industries. ICEX commodity
exchange has requested SEBI for permission to do futures trading in these
two commodities. Unlike crude oil, prices of petrol and diesel are fixed
once a day by oil marketing companies based on market forces. Till now,
crude oil has been a proxy hedging product for these two commodities,
which is not an accurate risk management tool.
• Niti Aayog is planning to make petrol blended with 15% methanol
mandatory for passenger vehicles, according to media reports. It will soon
run a pilot cabinet note on the issue. If the cabinet approves the
proposal, at least 10% savings will be made on monthly petrol bills. The
government will also be able to drastically reduce its oil import bill.
• Nestle India’s net profit increased 49.5% YoY to Rs. 395 crore in the
second quarter ended Jun 2018. Net sales went up 12. 3% YoY at Rs .
2,698.4 crore as volume grew. Total sales and domestic sales rose 8.5%
and 8%, respectively.
• Exide Industries Ltd, the industrial and automotive battery
manufacturer, is planning to manufacture lithium‐ion batteries at its
recently acquired facility of Tudor India in the s tate of Gujarat. Exide took
over Tudor India, a subsidiary of GNB Industrial Power (UK) Ltd, in Jun
2018. GNB Industrial Power (UK) Ltd is a part of Exide Technologies
group. The unit, which manufactured and sold lead‐acid storage batteries
under the Prestolite brand, was shut for many years.
• Asian markets ended lower as investors remined cautious of the trade
war between the U.S. and China and the release of U.S. jobs data
scheduled later in the day. Also, China services data growth pace slowed
in Jul 2018. Today (as of Aug 6), Asian markets opened mostly higher
following positive cues from Wall Street last session. While Nikkei was
trading down 0.13%, Hang Seng was up 0.76% (as at 8 a.m. IST).
• As per the last close, European markets closed higher despite weak
Eurozone retail sales data for Jun 2018 and weak U.S. jobs data for Jul
2018. Weakness in the value of the Euro provided a boost t o exporters,
thereby leading to gains.
• As per the last close, U.S markets closed almost higher following gains
in a couple of technology stocks. Trade war concerns and widening of
trade deficit in Jun 2018, capped the gains. Investors absorbed weak jobs
data for Jul 2018. However, there w ere upward revisions to the increases
in employment in May and Jun 2018.
MarketsforYou
FIIDerivativeTradeStatistics 03‐Aug
(RsCr) Buy Sell OpenInt.
IndexFutures 2245.33 3315.32 23048.57
IndexOptions 92652.94 89304.18 54815.29
StockFutures 11490.31 11774.77 81313.23
StockOptions 5458.77 5477.64 7282.45
Total 111847.35 109871.91 166459.54
03‐Aug Prev_Day Change
PutCallRatio(OI) 1.73 1.65 0.08
IndianDebtMarket
PutCallRatio(Vol) 1.12 1.04 0.09
03‐Aug Wk.Ago Mth.Ago YearAgo
CallRate 6.37% 6.14% 6.11% 5.83%
CBLO 5.21% 6.21% 6.00% 5.87%
Repo 6.50% 6.25% 6.25% 6.00%
ReverseRepo 6.25% 6.00% 6.00% 5.75%
91DayT‐Bill 6.76% 6.70% 6.35% 6.07%
364DayT‐Bill 7. 25% 7.23% 7.11% 6.17%
10YearGilt 7.76% 7.78% 7.88% 6.43%
G‐SecVol.(Rs.Cr) 28593 18953 18157 85796
CurrencyMarketUpdate
FBILMIBOR 6.46% 6.27% 6.25% 6.00%
3MonthCPRate 7.60% 7.50% 7.30% 6.61%
5YearCorpBond 8.66% 8.66% 8.83% 7.34%
1MonthCDRate 6.69% 6.88% 6.55% 6.14%
3MonthCDRate 7.03% 7.33% 6.78% 6.20%
1YearCDRate 7.96% 7.99% 8.11% 6.48%
CommodityMarketUpdate
Currency 03‐Aug Prev_Day Change
USD/INR 68.79 68.36 0.44
GBP/INR 89.52 89.52 ‐0.01
EURO/INR 79.67 79.57 0.10
InternationalNews
JPY/INR 0.62 0.61 0.00
Commodity 03‐Aug WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 68.44 68.61 74.14 48.98
BrentCrude($/bl) 73.12 75.48 75. 46 53.34
Gold($/oz) 1213 1223 1252 1268
Gold(Rs./10gm) 29428 29722 30282 28374
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
06August2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty August 2018 Futures c losed at 11,395.75, a premium of 34.95
points, above the spot closing of 11,360.80. The turnover on NSE’s
Futures and Options segment decreased to Rs. 4,72,158.52 on Aug 03
compared with Rs. 14,44,021.12 on Aug 02.
•ThePut‐Call ratio stood at 0.97 against previous session’s close of 0.81.
•TheNiftyPut‐Call ratio stood at 1.73 compared with the previous
session’s close of 1.65.
• Open interest on Nifty Futures stood at 27.46 million as against the
previous session’s close at 26.64 million.
• Bond yields rose due to fresh supply of government bonds worth Rs.
12,000 crore that came in from the auction of five government stock.
Though the Monetary Policy Committee has held a neutral stance,
alleviating concerns over the pace of monetary tightening, the inflow of
government bonds kept the yield at an elevated level.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) we nt up 4 bps
to close at 7.76% as against its previous close of 7.72%. During the
session, bond yields traded in the range of 7.74% and 7.77%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 5,938 crore (gross) on Aug 3, compared with
Rs. 4,896 crore (gross) borrowed on Aug 02. Sale of securities under the
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 43,070
crore on Aug 02.
• The rupee appreciated against the greenback after the central bank of
China announced to undertake measures that would aid in maintaining
stability in yuan. The rupee improved 0.14% to close at 68.61 against t h e
previous close of 68.70.
• The euro saw a marginal rise against the greenback after a data
revealed lower‐than‐expected growth in U.S. jobs in July. Euro was last
seen trading at $1.1584, an improvement of 0.02% relative to the
previous close of $1.582.
• Gold prices improved af te r dollar edged lower as a data sh owed lower‐
than‐expected growth in the U.S. jobs market in July.
• Brent crude saw a marginal improvement though prices continued to
remain below the 74‐mark.
• Commerce Department report showed a rise in imports and fall in
exports. Thus, U.S. trade deficit widened in Jun 2018 to $46.3 billion
from $43.2 billion i n May 2018. Expectations were for $46.5 billion trade
deficit.
• U.S. jobs growth came in weaker than expected in Jul 2018 as
government employment dropped. Non‐farm payroll employment
increased 157,000 jobs in J ul a fter spiking 248,000 jobs in Jun 2018.
Expectations were for employment to rise by 190,000 jobs.
• IHS Markit data showed British services sector grew at its weakest pace
in three months in Jul 2018. The IHS Markit/Chartered Institute of
Procurement & Supply Purchasing Managers' I ndex decreased more than
expected to 53.5 in Jul from 55.1 in Jun 2018.
MarketsforYou
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