Mutual Fund News of 29th August 2018

29 Aug 2018

Markets for You

Global Indices

Global Indices 28-Aug Prev_Day Abs. Change

% Change

Dow Jones 26,064 26,050 14 0.06

Nasdaq 8,030 8,018 12 0.15

FTSE 7,617 Closed NA NA

Nikkei 22,813 22,800 14 0.06

Hang Seng 28,352 28,271 80 0.28

Indian Indices 28-Aug Prev_Day Abs. Change

% Change

S&P BSE Sensex 38,897 38,694 203 0.52

Nifty 50 11,739 11,692 47 0.40

Nifty 100 12,028 11,989 39 0.32

Nifty Bank 28,270 28,264 5 0.02

SGX Nifty 11,802 11,766 36 0.30

S&P BSE Power 2,099 2,090 9 0.44

S&P BSE Small Cap 17,043 16,982 61 0.36

S&P BSE HC 15,533 15,556 -23 -0.15

Date P/E Div. Yield P/E Div. Yield

28-Aug 25.06 1.14 28.66 1.15

Month Ago 23.47 1.18 28.02 1.19

Year Ago 23.76 1.23 25.61 0.94

Nifty 50 Top 3 Gainers

Company 28-Aug Prev_Day

% Change

Hindalco 239 230 3.80

Adani Ports & SEZ 387 379 2.19

RIL 1319 1292 2.13

Nifty 50 Top 3 Losers Domestic News

Company 28-Aug Prev_Day

% Change

GAIL 364 383 -4.98

Yes Bank 371 383 -3.24

Ambuja Cem 236 242 -2.19

Advance Decline Ratio

BSE NSE

Advances 1157 750

Declines 1542 1050

Unchanged 174 95

Institutional Flows (Equity)

Description (Cr)

YTD

FII Flows* -1352

MF Flows** 76557

*28

Aug 2018; **27

Aug 2018

Economic Indicator

YoY(%) Current Year Ago

CPI

4.17%

(Jul-18)

2.36%

(Jul-17)

IIP

7.00%

(Jun-18)

-0.30%

(Jun-17)

GDP

7.70%

(Mar-18)

6.10%

(Mar-17)

29 August 2018

Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI

from 2010 to 2012

Indian Equity Market

Indices Performance

P/E Dividend Yield

Sensex

Nifty

5.30%

(Mar-18)

7.00%

(Dec-17)

Quarter Ago

Inflow/Outflow

739

436

4.58%

(Apr-18)

• Commerce and industry minister wants exports to grow 20% in FY19

and double by 2025. In this pursuit, he has asked traders to make

strategies to bring in foreign exchange and solidify India’s

competitiveness internationally. Exports increased 9.78% to $302.84

billion in FY18 and in Apr-Jul of FY19 exports went up 14.23%.

• According to a commerce department study, India can benefit from the

U.S.-China trade war in the commodities space. The study has identified

around 100 products where India can take the place of U.S. exports to

China. Beijing has imposed higher import duty on products from the

U.S. India can benefit in cotton, corn, almonds, wheat and sorghum,

according to the study. Fresh grapes, cotton linters, fluecured tobacco,

lubricants and a few chemicals, are some lines where the U.S.’ exports to

China are more than $10 million.

• NITI Aayog will review the progress of standardisation and

indigenisation of Metro rail systems across the country. According to the

Ministry of Housing and Urban Affairs, this will help promote the 'Make-

in India' initiative. The ministry has standardised provisions of rolling

stock, telecom systems and signalling for Metro rails.

• Maharashtra traders shun farm auctions opposing the Maharashtra

cabinet’s suggestion of one-year jail term and Rs. 50,000 fine on traders

who purchase crops below minimum support price (MSP), traders and

commission agents of a few Maharashtra farm markets have stopped

buying agricultural produce.

Markets for You

• Asian equity markets mostly rose as trade war worries retreated. The

U.S. and Mexico reached a preliminary trade pact that made investors

take a sigh of relief. The U.S. President also hinted that the country

would begin negotiations with Canada. These are steps towards

preserving the three-nation agreement. China markets lost ground as

investors awaited factory PMI data. Today (as of Aug 29), Asian markets

opened on a mixed note as investors remained focused towards NAFTA

talks. Nikkei grew 0.27% and Hangseng fell 0.10% (as at 8.a.m. IST).

• As per the last close, European markets closed on a mixed note.

Continued optimism over U.S. and Mexico trade deal boosted the

indices. However, gains in euro weighed on shares of exporters, thereby

negatively impacting the indices.

• As per the last close, U.S markets closed on a higher note on continued

positive reaction over last day’s report of preliminary trade agreement

between U.S. and Mexico. However, uncertainty about the outlook for

markets following strength in recent sessions weighed on the indices.

• Indian equity markets extended their good show on positive global

cues. Major markets gained as investors took a sigh of relief on receding

trade war worries. The U.S. and Mexico reached a preliminary trade pact

and the U.S. President hinted that the country would begin negotiations

with Canada. These raised hopes of the North American Free Trade

Agreement being taken a relook.

• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.52% and

0.40% to close at 38,896.63 and 11,738.50, respectively. S&P BSE Mid-

Cap lost 0.35% and S&P BSE Small Cap gained 0.36%.

• The overall market breadth on BSE was weak with 1157 scrips

advancing and 1542 scrips declining. A total of 174 scrips remained

unchanged.

• On the BSE sectoral front, S&P BSE Metal stood as the major gainer, up

1.89% followed by S&P BSE Energy that grew 1.16%. S&P BSE Basic

Materials and S&P BSE Auto grew 0.71% and 0.57%. S&P BSE Information

Technology and S&P BSE Power grew 0.44% both.

FII Derivative Trade Statistics 28-Aug

(Rs Cr) Buy

Sell Open Int.

Index Futures 6068.96 5411.96 33805.23

Index Options 71706.66 72234.77 70981.30

Stock Futures 23549.84 22692.80 89885.01

Stock Options 8406.67 8326.03 12167.26

Total 109732.13 108665.56 206838.80

28-Aug Prev_Day

Change

Put Call Ratio (OI) 1.94 1.85 0.10

Indian Debt Market

Put Call Ratio(Vol) 1.14 1.13 0.01

28-Aug Wk. Ago Mth. Ago

Year Ago

Call Rate 6.35% 6.42% 6.14% 5.86%

CBLO 6.38% 6.47% 6.21% 5.82%

Repo 6.50% 6.50% 6.25% 6.00%

Reverse Repo 6.25% 6.25% 6.00% 5.75%

91 Day T-Bill 6.77% 6.81% 6.70% 6.13%

364 Day T-Bill 7.28% 7.29% 7.23% 6.22%

10 Year Gilt 7.90% 7.83% 7.78% 6.57%

G-Sec Vol. (Rs.Cr) 26760 26516 18953 44543

Currency Market Update

FBIL MIBOR 6.46% 6.50% 6.27% 6.00%

3 Month CP Rate 7.80% 7.75% 7.50% 6.55%

5 Year Corp Bond 8.69% 8.62% 8.66% 7.38%

1 Month CD Rate 6.62% 6.54% 6.88% 6.05%

3 Month CD Rate 7.30% 7.18% 7.33% 6.18%

1 Year CD Rate 8.00% 8.03% 7.99% 6.50%

Commodity Market Update

Currency 28-Aug Prev_Day

Change

USD/INR 70.17 70.04 0.13

GBP/INR 90.33 89.95 0.37

EURO/INR 81.93 81.30 0.62

International News

JPY/INR 0.63 0.63 0.00

Commodity 28-Aug Wk Ago Mth. Ago

Year Ago

NYMEX Crude($/bl) 68.49 67.27 68.61 46.35

Brent Crude($/bl) 75.90 70.84 75.48 52.11

Gold( $/oz) 1201 1196 1223 1310

Gold(Rs./10 gm) 30097 29529 29722 29140

Source: Thomson Reuters Eikon

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

29 August 2018

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Derivative Statistics- Nifty Options

Disclaimer:

Derivatives Market

Debt Watch

Currency Market

Commodity Prices

• Bond yields inched up as increase in global crude oil prices weighed on

the market sentiment. Global crude oil prices rose amid risks of supply

disruptions from places such as Venezuela, Africa and Iran.

• Yield on the 10-year benchmark paper (7.17% GS 2028) rose 1 bps to

close at 7.90% from the previous closing of 7.89% after trading in a

range of 7.89% to 7.92%.

• Banks’ borrowings under the repo window of the Liquidity Adjustment

Facility (LAF) stood at Rs. 5,151 crore (gross) on Aug 28 compared to a

borrowing of Rs. 3,948 crore on Aug 27. Sale of securities under the

Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 22,594

crore on Aug 27.

• Banks borrowed Rs. 202 crore under the central bank’s Marginal

Standing Facility on Aug 27 compared to that of Aug 24 when banks

borrowed Rs. 30 crore.

• According to the European Central Bank, eurozone monetary

aggregate growth was slow in Jul 2018. The broad monetary aggregate

M3 went up 4% annually, slower than the 4.5% increase in Jun 2018.

This was slower than expectations of 4.3% growth.

• Census and Statistics Department data showed Hong Kong's foreign

trade deficit went up considerably in Jul 2018 from a year ago. Trade

deficit rose to HK$47.1 billion in Jul from HK$29.6 billion in the same

month last year. However, the shortfall narrowed from HK$54.1 billion

in Jun 2018.

Markets for You

• Nifty August 2018 Futures closed at 11,752.45, a premium of 13.95

points, above the spot closing of 11,738.50. The turnover on NSE’s

Futures and Options segment increased to Rs. 9,93,882.37 on Aug 28

compared with Rs. 7,83,115.45 on Aug 27.

• The Put-Call ratio stood at 0.99 against previous session’s close of 1.01.

• The Nifty Put-Call ratio stood at 1.94 compared with the previous

session’s close of 1.85.

• India VIX decreased 2.04% to 12.4875 from 12.2375 in the previous

trading session.

• Open interest on Nifty Futures stood at 34.65 million as against the

previous session’s close at 35.29 million.

• The rupee inched up against the greenback following selling of the U.S.

dollar by banks. However, month end dollar demand from oil importers

restricted further losses. The rupee rose 0.09% to close at 70.10

compared to the previous close of 70.16.

• The euro rose against the greenback as investor’s sentiment was

boosted after U.S. and Mexico reached a deal on terms to replace the

North American Free Trade Agreement. Euro was last seen trading at

$1.1723, up 0.39% against the previous close of $1.1677.

• Gold prices gained on weaker dollar and persistent U.S.-China trade

tensions.

• Brent crude prices got support after the monitoring committee of the

OPEC ndicated that the oil producing countries are maintaining their

compliance to reduce oil production.

Thank you for

your time.