07Aug2018
MarketsforYou
GlobalIndices
GlobalIndices 06‐Aug Prev_Day Abs.Change
%Change
#
DowJones 25,502 25,463 40 0.16
Nasdaq 7,860 7,812 48 0.61
FTSE 7,664 7,659 5 0.06
Nikkei 22,507 22,525 ‐18 ‐0.08
HangSeng 27,820 27,676 143 0.52
IndianIndices 06‐Aug Prev_Day Abs.Change
%Change
#
S&PBSESensex 37,692 37,556 136 0.36
Nifty50 11,387 11,361 26 0.23
Nifty100 11,674 11,649 25 0.22
NiftyBank 27,899 27,696 203 0.73
SGXNifty Closed 11,398 NA NA
S&PBSEPower 1 ,996 1,992 4 0 .23
S&PBSESmallCap 16,900 16,834 66 0.39
S&PBSEHC 14,614 14,675 ‐61 ‐0.42
Date P/E Div.Yield P/E Div.Yield
6‐Aug 24.12 1.17 28.26 1.18
MonthAgo 22.71 1.24 26.62 1.21
YearAgo 24.29 1.21 25.61 0.96
Nifty50Top3Gainers
Company 06‐Aug Prev_Day
%Change
#
AxisBank 597 575 3.84
ICICIBank 315 305 3.31
SBI 309 299 3.09
Nifty50Top3Losers DomesticNews
Company 06‐Aug Prev_Day
%Change
#
GAIL 376 388 ‐3.05
Dr.Reddy 2234 2281 ‐2.05
KotakBank 1283 1310 ‐2.04
AdvanceDeclineRatio
BSE NSE
Advances 1591 1056
Declines 1145 793
Unchanged 185 86
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐3299
MFFlows** 72502
*6
th
Aug2018;**3
rd
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)
07August2018
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
117
407
4.28%
(Mar‐18)
• Domestic equity markets started the week on a high as benchmark
indices touched new peaks getting positive cues from global markets. U.S.
market wa s buoyed by upbeat earnings reports for the second quarter.
Telecom and banking stocks were at the forefront of the upsurge.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.36% and
0.23% to close at 37,691.89 and 11,387.10, respectively. S&P BSE Mid‐
Cap and S&P BSE Small Cap grew 0.26% and 0.39%, respectively.
• The overall market breadth on BSE was strong with 1591 scrips
advancing and 1145 scrips declining. A total of 185 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Telecom and S&P BSE Bankex were
the major gainers, up 1.11% each. S&P BSE Energy and S&P BSE Metal
grew 0.98% and 0.77%, respectively. S&P BSE Finance and S&P BSE
Consumer Discretionary Goods and Services grew 0.6% and 0.46%. The
major losers were S&P BSE Teck and S&P BSE Industrials, down 0.02% and
0.05%, respectively.
• The Goods and Service Tax (GST) meeting held on Aug 4 decided to
initiate a pilot project to boost digital payment in the co untry. As pe the
project, the consumers will get cashback of 20% or maximum of Rs. 100
on all UPI and USSD transactions and also transactions done via RuPay
card and BHIM app.
• As per the media reports, the government may increase i mport duty
from the level of 5%‐10% to 20% on around 300 textile products. This is
being done to improve domestic manufacturing and create employment
opportunities. Government may also ease foreign direct investment
norms for the sector. Products on which imports duties are expected to
increase includes some fabrics, garments and man‐made fibres.
• Plantation of s ummer‐sown crop has gone down 1.8% as of Aug 3,
2018, according t o government data. Cr ops were sown on 85.456 million
hectares as of Aug 3 from the year‐ago period. Cotton sowing decreased
4% and rice planting 4.2%.
•Thegovernmentisgoingtoextende‐visa facility to 165 countries at 25
airports and five seaports to promote tourism. The government has
launched the 'Incredible India 2.0' campaign, focusing this time on
market‐specific promotions than generic ones. A 24X7 toll free multi‐
lingual tourist helpline is also being planned.
• HDFC Bank has increased fixed deposit rates on various term deposits
(ranging from 6 months one day period to a period of five years) by up to
0.6%, after the Reserve Bank of India raised key repo rates by 0.25% in
the last week. The revised rate of interest is effective from Aug 6.
• Britannia Industries will launch 50 new products in 2018 to mark 100
years of its operation. The company is aiming at making Good Day the
largest selling brand, overtaking Parle G of Parle Products, in the next 2‐3
years.
• Paytm Money, the mutual fund arm o f digital payments company
Paytm, has started beta testing among its employees, according to media
reports. Its employees will be able to invest through the app from Aug 6.
The app is expected to go live by the end of Aug.
• Asian markets were mixed because intensified trade tensions between
the U.S. and China on one hand and weak U.S. jobs data on the other. In
retaliation to U.S.’ move to hike tariffs on Chinese imports, China
heightened its tariff threats against American products. Today (as of Aug
7), Asian markets opened mostly positive following positive close on the
Wall Street overnight. Both Nikkei and Hang Seng were trading up 0.38%
and 0.58%, respectively (as at 8 a.m. IST).
• As per the last close, European markets remained mixed after moving
between gains and losses throughout the session as trade tensions
between the U.S. and China intensified along with new Brexit concerns.
• As per the last close, U.S markets closed on positive note afte r moving
in a range during the session. Market showed lack of direction amid a lack
of major U.S. economic news following the series of data and events last
week.
MarketsforYou
FIIDerivativeTradeStatistics 06‐Aug
(RsCr) Buy Sell OpenInt.
IndexFutures 2099.84 2580.67 25361.72
IndexOptions 44192.18 45080.18 55493.57
StockFutures 10323.07 10342.59 82376.73
StockOptions 5048.77 5132.84 7811.44
Total 61663.86 63136.28 171043.46
06‐Aug Prev_Day Change
PutCallRatio(OI) 1.70 1.73 ‐0.03
IndianDebtMarket
PutCallRatio(Vol) 1.10 1.12 ‐0.02
06‐Aug Wk.Ago Mth.Ago YearAgo
CallRate 6.29% 6.19% 6.15% 5.90%
CBLO 6.24% 6.24% 4.99% 5.24%
Repo 6.50% 6.25% 6.25% 6.00%
ReverseRepo 6.25% 6.00% 6.00% 5.75%
91DayT‐Bill 6.76% 6.69% 6.33% 6.10%
364DayT‐Bill 7.23% 6.95% 7.16% 6.19%
10YearGilt 7.77% 7.79% 7.87% 6.44%
G‐SecVol.(Rs.Cr) 18937 22108 17580 60615
CurrencyMarketUpdate
FBILMIBOR 6.45% 6.26% 6.19% 5.95%
3MonthCPRate 7.55% 7.50% 7.20% 6.55%
5YearCorpBond 8.65% 8.66% 8.86% 7.36%
1MonthCDRate 6.60% 6.81% 6.30% 6.13%
3MonthCDRate 6.98% 7.25% 7.00% 6.19%
1YearCDRate 7.95% 7.99% 8.12% 6.48%
CommodityMarketUpdate
Currency 06‐Aug Prev_Day Change
USD/INR 68.68 68.79 ‐0.11
GBP/INR 89. 26 89.52 ‐0.26
EURO/INR 79.38 79.67 ‐0.29
InternationalNews
JPY/INR 0.62 0.62 0.00
Commodity 06‐Aug WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 68.96 70.81 73.73 49.52
BrentCrude($/bl) 72.15 75.63 74. 57 52.97
Gold($/oz) 1206 1221 1254 1258
Gold(Rs./10gm) 29491 29773 30540 28554
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
07August2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty August 2018 Futures closed at 11,414.25, a premium of 27.15
points, above the spot closing of 11,387.10. The turnover on NSE’s
Futures and Options segment increased to Rs. 5,38,996.34 on Aug 06
compared with Rs. 4,72,158.52 on Aug 03.
•ThePut‐Call ratio stood at 1.00 against previous session’s close of 0.97.
•TheNiftyPut‐Call ratio s tood at 1.70 compared with t he previous
session’s close of 1.73.
• Open interest on Nifty Futures stood at 27.64 million as against the
previous session’s close at 27.46 million.
• Bond yields inched up following weakness in the domestic currency.
Lack of fresh domestic triggers also weighed on the market sentiment.
Market participants also remained on the sidelines ahead of key retail
inflation data for Jul 2018 due Aug 13, 2018.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) inched up 1
bps to close at 7.77% as against its previous close of 7.76%. 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. 4,416 crore (gross) on Aug 6, compared with
Rs. 5,938 crore (gross) borrowed on Aug 3 Sale of securities under the
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 54,516
crore on Aug 3.
• Banks borrowed Rs. 1,100 crore under the central bank’s Marginal
Standing Facility on Aug 3. On Aug 2, the central bank borrowed none.
• The rupee weakened against the greenback as ongoing trade war
tensions between U.S. and China weighed on the market sentiment.
However, gains in the domestic equity market restricted further losses.
The rupee fell 0.40% to close at 68.88 from the previous close of 68.61.
• The euro fell against the greenback as persisting trade war tensions
between U.S. and China weighed on the common bloc currency. Euro
was last seen trading at $1.1544, down of 0.20% relative to the p revious
close of $1.567.
•Goldpricesedgedlowerafterdollarstrengthenedongrowing
possibility of continued rate hikes by the U.S. Federal Reserve.
• Brent crude went up after Saudi Arabia registered an unanticipated
drop in crude oil production.
• According to an Institute for Supply Management report, U.S. service
sector activity g rowth slowed more than estimated i n Jul 2018. The non‐
manufacturing index decreased to 55.7 in Jul from 59.1 in J un 2018. New
orders index dropped to 57.0 in Jul from 63.2 in Jun.
• According to the Commerce Department, exports declined and imports
increased, widening the U.S. trade deficit in Jun 2018. Trade deficit
widened to $46.3 billion in Jun from a $43.2 billion in May, which is
slightly lower than estimated.
• A Sentix survey showed eurozone confidence among investors
bettered to a 3‐month high in Aug 2018 amid signs of relief in E.U.‐U.S.
trade dispute. The investor sentiment index i ncreased to 14.7 in Aug
from 12.1 in Jul 2018, the highest score since Jun 2018.
MarketsforYou
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