GlobalIndices 20Aug Prev_Day Abs.Change
DowJones 25,759 25,669 89 0.35
Nasdaq 7,821 7,816 5 0.06
FTSE 7,591 7,559 33 0.43
Nikkei 22,199 22,270 71 0.32
HangSeng 27,598 27,213 385 1.41
IndianIndices 20Aug Prev_Day Abs.Change
S&PBSESensex 38,279 37,948 331 0.87
Nifty50 11,552 11,471 81 0.71
Nifty100 11,838 11,747 91 0.77
NiftyBank 28,274 28,129 146 0.52
SGXNifty 11,592 11,485 107 0.93
S&PBSEPower 1 ,991 1,977 13 0.68
S&PBSESmallCap 16,890 16,866 24 0.14
S&PBSEHC 15,132 15,014 118 0.79
Date P/E Div.Yield P/E Div.Yield
20Aug 24.88 1.14 28.25 1.16
MonthAgo 22.90 1.21 27.36 1.22
YearAgo 23.58 1.24 25.10 0.97
Company 20Aug Prev_Day
L&TLtd. 1324 1240 6.74
TataMotors 270 258 4.59
ONGC 169 163 3.47
Nifty50Top3Losers DomesticNews
Company 20Aug Prev_Day
Infosys 1384 1430 3.22
GAIL 379 388 2.23
HCLTech 988 1003 1.48
Advances 1437 1007
Declines 1307 816
Unchanged 205 92
Description(Cr) YTD
FIIFlows* 2708
MFFlows** 72753
YoY(%) Current YearAgo
Sensex Nifty
Indian equity markets ended at new highs as U.S.China trade meet
date drawing closer buoyed global bourses. U.S. and China have agreed
to discuss the trade issues on Aug 21, just before the fresh set of tariffs
come into effect on both sides. The rupee recovered from its record low
and investors were optimistic over upbeat corporate results.
Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.87% and
0.71% to close at 38,278.75 and 11,551.75, respectively. S &P BSE Mi d
Cap and S&P B SE Small Cap grew 1.05% and 0.14%, respectively.
The overall market breadth on BSE was strong with 1437 scrips
advancing and 1307 scrips declining. A total of 205 scrips remained
On the BSE sectoral front, S&P BSE Capital Goods and S&P BSE
Industrials were the major gainers, up 3.74% and 2.60%, respectively.
S&P BSE Metal and S&P B SE Energy grew 2.58% and 2 .15%, respectively.
S&P BSE Oil and Gas and S&P BSE Basic Materials grew 1.3% and 1.1%.
The major losers were S&P BSE Information T echnology and S&P BSE
Teck, down 1.25% and 1.00%, respectively.
According to a major global credit rating agency, India's current account
deficit (CAD) could widen to 2.5% of GDP in FY19 from 1.5% in FY18
because of higher oil prices and rupee depreciation, experts and a leading
global rating agency have said. Rupee has dipped to a record low of 70.32
against the dollar in the week t o Aug 17, 2018. CAD may increase due to
higher oil prices and strong nonoilimportdemand.Netoilimportsmade
up 2.6% of GDP in FY18 and could increase FY19.
According to a Reserve Bank of India (RBI) report, Micro, Small and
Medium Enterprises (MSME) exports were hit more b y issues around GST
implementation than demonetisation. Delay in refund of upfront GST and
input tax credit affected cashdriven working capital req uirements of
MSME. MSMEs constitute around 40% of the overall shipments from
before demonetisation and decreased even more during noteban.
In order to raise capital for a special situations fund, Housi ng
Development Finance Corp. Ltd (HDFC) is setting up a new venture. The
fund will invest in stressed projects in real estate. HDFC is in talks with
investors to raise capital via the alternative investment fund (AIF) route.
Hindustan Petroleum Corp. Ltd (HPCL) will abandon 19 of its 21
exploration and production blocks because of bad prospects, the
company has said in its 201718 annual report. It added that the net
worth of its fully owned exploration and production subsidiary Prize
Petroleum Co. Ltd has eroded partially.
According to media reports, private equity firm TPG Capital could invest
in Jet A irways India Ltd. It would raise money for the troubled airline. The
investment could be around $100 million.
Private equity fund ChrysCapital could acquire a m inority stake in Dr
Agarwal’s Health Care L td, which is an eyecare chain. ChrysCap will invest
about Rs. 200250 crore, according to media reports.
Asian markets were mixed as optimism prevailed over upcoming U.S.
China trade talks. Investors are hoping fo r a resolution to the trade
dispute. China markets gained after the country’s securities regulator
started discussion with brokerage economists and strategists to control
market volatility. Today (as of Aug 21), Asian markets opened mostly
lower despite positive finish on the Wall Street overnight amid absence of
key economic or market data. While Nikkei was trading lower 0.43%,
Hang Seng was up 1.41% (as at 8 a.m. IST).
As per the last close, European markets rose as market participants
looks optimistic about upco ming trade talks between the U.S. a nd China.
Greece has finally came out of its final bailout programme helping it to re
enter the financial markets to raise funds for the first time in eight years.
As per the last close, U.S markets closed on a positive note as market
participants seems to be optimistic about upcoming trade talks between
the U.S. and China.
FIIDerivativeTradeStatistics 20Aug
(RsCr) Buy Sell OpenInt.
IndexFutures 1874.43 2569.85 30356.38
IndexOptions 54925.69 53011.42 69030.26
StockFutures 10898.93 10043.50 87279.64
StockOptions 8344.02 8556.46 10938.40
Total 76043.07 74181.23 197604.68
20Aug Prev_Day Change
PutCallRatio(OI) 1.73 1.66 0.07
PutCallRatio(Vol) 1.17 1.15 0.02
20Aug Wk.Ago Mth.Ago YearAgo
CallRate 6.38% 6.34% 6.20% 5.86%
CBLO 6.38% 6.34% 5.78% 5.08%
Repo 6.50% 6.50% 6.25% 6.00%
ReverseRepo 6.25% 6.25% 6.00% 5.75%
91DayTBill 6.79% 6.65% 6.58% 6.12%
364DayTBill 7.28% 7.23% 7.21% 6.23%
10YearGilt 7.84% 7.82% 7.79% 6.51%
GSecVol.(Rs.Cr) 17078 35977 21859 49756
FBILMIBOR 6.50% 6.50% 6.21% 5.99%
3MonthCPRate 7.75% 7.65% 7.55% 6.55%
5YearCorpBond 8.66% 8.63% 8.73% 7.39%
1MonthCDRate 6.53% 6.80% 6.62% 6.09%
3MonthCDRate 7.18% 7.12% 6.97% 6.19%
1YearCDRate 8.01% 8.00% 7.98% 6.48%
Currency 20Aug Prev_Day Change
USD/INR 69.76 Closed Closed
GBP/INR 88.87 Closed Closed
EURO/INR 79.67 Closed Closed
JPY/INR 0.63 Closed Closed
Commodity 20Aug WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 66.45 67.20 70.26 48.54
BrentCrude($/bl) 70.30 69.81 71.83 51.10
Gold($/oz) 1190 1193 1231 1284
Gold(Rs./10gm) 29381 29674 29849 29134
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Nifty August 2018 F utures closed at 11,578.95, a premium of 27.20
points, above the spot closing of 11,551.75. The turnover on NSE’s
Futures and Options segment increased to Rs. 5,83,536.00 on Aug 20
compared with Rs. 5,52,873.53 on Aug 17.
•ThePutCall ratio stood at 1.00 against previous session’s close of 0.92.
•TheNiftyPutCall ratio s tood at 1.00 compared with the p revious
session’s close of 1.66.
Op en interest on Nifty Futures stood at 32.67 million as agai nst the
previous session’s close at 31.87 million.
Bond yields fell after the rupee strengthened against the greenback.
Market participants also hoped that trade talks between U.S. and China
would help ease nations between the two countries.
Yield on t he 10year benchmark paper (7.17% GS 2028) fell 2 basis
points to close at 7.84% as against previous close of 7.86%. During the
session, bond yields traded in the range of 7.82% and 7.84%.
Banks’ borrowings under the r epo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,921 crore (gross) on Aug 20 compared to a
borrowing o f Rs. 5,221 crore on Aug 16. Sale of se curities under the
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 31,380
crore on Aug 16.
Banks borrowed Rs. 185 crore under the central bank’s Marginal
Standing Facility on Aug 16 compared to that of Aug 14 when banks
borrowed none.
The rupee surged against the greenback and witnessed the biggest
single session gain in nearly two months as market participants remained
optimistic ahead of trade talks between the U.S. and China likely this
The euro was almost steady against the greenback ahead of trade talks
between the United States and China, due this week. Market participants
hope that trade talks would help ease nations between the two
Gold prices trader higher despite gains in dollar against the euro likely
as investors did bet that the metal has reached a tentative bottom.
Brent crude traded slightly higher on concerns over slowdown of global
economic growth.
A major global credit rating agency downgraded Turkey’s credit rating
into junk category and attributed the downgrade to a volatile Lir a and
wide currentaccount deficit. The global credit rating agency noted that
the weakening of the lira is putting pressure on the indebted corporate
sector which has considerably increased the funding risk for Turkey’s
Data from Eurostat showed that Eurozone construction output
increased for the third straight month in Jun 2018. Construction output
grew 0.2% on a monthly basis in Jun but sl ower than 0.3% rise in May
2018. However, on a yearly basis construction output accelerated 2.6%
in Jun from 2.0% in the previous month that was upwardly revised from
1.8% reported earlier.
Thank you for
your time.