12Feb2018
MarketsforYou
GlobalIndices
GlobalIndices 09‐Feb Prev_Day Abs.Change
%Change
#
DowJones 24,191 23,860 330 1.38
Nasdaq 6,874 6,777 97 1.44
FTSE 7,092 7,171 ‐78 ‐1.09
Nikkei 21,383 21,891 ‐508 ‐2.32
HangSeng 29,507 30,451 ‐944 ‐3.10
IndianIndices 09‐Feb Prev_Day Abs.Change
%Change
#
S&PBSESensex 34,006 34,413 ‐407 ‐1.18
Nifty50 10,455 10,577 ‐122 ‐1.15
Nifty100 10,846 10,959 ‐113 ‐1.03
NiftyBank 25,464 25,921 ‐457 ‐1.76
SGXNifty 10,404 10,548 ‐145 ‐1.37
S&PBSEPower 2 ,232 2,224 8 0.37
S&PBSESmallCap 18,173 18,131 42 0.23
S&PBSEHC 14,348 14,345 3 0.02
Date P/E Div.Yield P/E Div.Yield
9‐Feb 23.88 1.16 25.27 1.08
MonthAgo 25.37 1.12 27.19 1.07
YearAgo 22.08 1.43 23.31 1.26
Nifty50Top3Gainers
Company 09‐Feb Prev_Day
%Change
#
HCLTech 964 944 2.08
TataSteel 685 671 2.06
Cipla 621 613 1.43
Nifty50Top3Losers DomesticNews
Company 09‐Feb Prev_Day
%Change
#
YesBank 326 335 ‐2.82
Infosys 1109 1134 ‐2.21
BhartiInfratel 342 349 ‐2.21
AdvanceDeclineRatio
BSE NSE
Advances 1369 849
Declines 1403 933
Unchanged 138 73
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 9944
MFFlows** 10446
*9
th
Feb2018;**7
th
Feb2018
EconomicIndicator
YoY(%) Current YearAgo
WPI
3.58%
(Dec‐17)
2.10%
(Dec‐16)
IIP
8.40%
(Nov‐17)
5.10%
(Nov‐16)
GDP
6.30%
(Sep‐17)
7.50%
(Sep‐16)
12February2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
4.80%
(Aug‐17)
5.70%
(Jun‐17)
QuarterAgo
Inflow/Outflow
473
‐2226
3.14%
(Sep‐17)
• A major credit rating agency has upgraded its outlook on the two major
public sector banks to positive from stable. Th is comes on the back of
capital infusion from the government. Meanwhile, it affirmed the long‐
term local and foreign currency bank deposit r atings of both the lenders
at Ba3.
•Adozenstate‐run banks have been directed by the Reserve Bank of
India (RBI) to retire high‐cost debt such as additional tier I capital. These
banks are under regulatory watch for mounting bad loans. The direction
comes as a part of the austerity drive that seeks to restore commercial
viability for the stressed lenders. These b anks that would receive an
injection of federal funds would now have to retire high‐cost debt well
before their maturity.
• According to a government report, the Ministry of Housing and Urban
Affairs has permitted to construct 1,86,777 more affordable houses
under Pradhan Mantri Awas Yojana by investing of Rs. 11,169 crore. The
assistance from the Central for the same will be Rs. 2,797 crore.
• According to the fifth edition of India Skills Report 2018, the percentage
of employable population in India has increased from 33% to 45% in 5
years. The fifth edition of India Skills Report considers insigh ts and trends
from the largest employability test that was spread out to 5200
Universities and institutions in India. The test re ached out to more than 5
lakh students across India.
• Aditya Birla Capital Ltd reported rise in consolidated net profit to Rs.
2.17 billion in the quarter ended Dec 2017 as compared with Rs. 1.94
billion in the quarter ended D ec 2016. The increase in profit was mainly
due to contribution from lending and asset management units.
• Tata Steel reported five‐times increase in net profit to Rs. 12.94 b illion
in the quarter ended Dec 2017 as compared with Rs. 2.43 billion in the
quarter ended Dec 2016. Company’s consolidated revenue from
operations grew 15% to Rs. 334.4 billion as against Rs. 290.2 billion in Dec
2016.
MarketsforYou
• Asian markets closed in the red on renewed worries over rising inflation
and higher interest rates. Fall in crude oil prices, stronger yen, concerns
of tighter liquidity conditions in China ahead of Chinese New Year and
earlier‐than‐expected rate h ike possibility by the Bank of England further
dented sentiment. Today (As of Feb 12), Asian markets opened on a
mixed note while crude oil prices rose after falling in the last six
consecutive sessions. While Nikkei was trading lower 2.32%, Hang Seng
was up 0.77% (as at 8.a.m. IST).
• As per the last close, European market ended lower amid continued
global weakness. Equity markets around the globe have been tumbling
amid rising inflation concerns that could lead to further rate h ikes from
the U.S. Federal Reserve. Global markets remained under pressure amid
sharp sell‐off on Wall Street’s session on Feb 8.
• As per the last close, U.S. market ended almost higher amid bargain
hunting and likely on reports that lawmakers managed to end a brief
government shutdown with funding of government until Mar 23.
However, concerns about the outlook for interest rates, capped the gains.
• Indian equity retreated after witnessing marginal gain in the previous
trading session. Persistence weakness in U .S. mar kets, amid lingering
concerns over imminent rate hike by the U.S. Federal Reserve, weighed
on investor sentiment. Inflationary pressure too affected buying interest.
• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 1.18% and
1.15% respectively to close at 34,005.76 and 10,454.95, respectively. S&P
BSE Mid‐Cap closed flat, whereas S&P BSE Small‐Cap rose 0.23%.
• The overall market breadth on BSE was weak with 1,403 scrips declining
and 1,369 scrips advancing. A total of 138 scrips remained unchanged.
• On the BSE sectoral front, majority of the indices closed in the red. S&P
BSE Bankex was the major loser down 1.75%, followed by S&P BSE
Finance and S&P BSE Telecom, which fell 1.54% and 1.15%, respectively.
S&P BSE Auto and S&P BSE Teck slipped 0.95% and 0.90%, respectively.
Meanwhile, S&P BSE Metal was the top gai ner, up 1.25%, followed by
S&P BSE Realty and S&P BSE P ower, which rose 0.56% and 0.37%,
respectively.
FIIDerivativeTradeStatistics 09‐Feb
(RsCr) Buy Sell OpenInt.
IndexFutures 3743.75 3499.40 18764.48
IndexOptions 125660.77 123639.09 81683.92
StockFutures 11636.11 10333.70 77853.92
StockOptions 7346.05 7240.91 7689.00
Total 148386.68 144713.10 185991.32
09‐Feb Prev_Day Change
PutCallRatio(OI) 1.09 1.09 0.00
IndianDebtMarket
PutCallRatio(Vol) 0.93 0.91 0.02
09‐Feb Wk.Ago Mth.Ago YearAgo
CallRate 5.89% 5.92% 5.87% 6. 08%
CBLO 5.90% 4.59% 5.84% 6. 16%
Repo 6.00% 6.00% 6.00% 6. 25%
ReverseRepo 5.75% 5.75% 5.75% 5.75%
91DayT‐Bill 6.33% 6.33% 6.09% 6.13%
364DayT‐Bill 6. 54% 6.60% 6.10% 6.26%
10YearGilt 7.49% 7.56% 7.16% 6.86%
G‐SecVol.(Rs.Cr) 46487 29446 34213 53576
CurrencyMarketUpdate
1MonthCPRate 6.85% 6.94% 6.84% 6.88%
3MonthCPRate 7.79% 7.76% 7.34% 7.16%
5YearCorpBond 7.84% 7.92% 7.68% 7.39%
1MonthCDRate 6.25% 6.23% 6.25% 6. 34%
3MonthCDRate 7.24% 7.25% 6.78% 6. 54%
1YearCDRate 7.50% 7.55% 7.10% 6.68%
CommodityMarketUpdate
Currency 09‐Feb Prev_Day Change
USD/INR 64.37 64.16 0.21
GBP/INR 89.71 89.19 0.52
EURO/INR 78.89 78.75 0.14
InternationalNews
JPY/INR 0.59 0.59 0.01
Commodity 09‐Feb WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 59.18 65.48 62.87 52.94
BrentCrude($/bl) 62.98 67.13 69.90 53.32
Gold($/oz) 1317 1333 1313 1231
Gold(Rs./10gm) 30007 30452 29499 29366
Source:ICRONResearch
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
12February2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Bond yields rose as market participants remained cautious ahead of
the consumer inflation data and on a possibility of another weekly
government auction next week.
• Yield on the 10‐year benchmark paper ( 7.17% GS 2028) rose 2 bps to
close at 7.49% as against previous session’s close of 7.47%. During the
session, b ond yields traded in the range of 7.4% and 7.52%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 2,530 crore (gross) on Feb 9 compared with Rs.
2,500 crore on Feb 8. Sale of securities under Reserve Bank of India’s
(RBI) reverse repo window stood at Rs. 4,101 crore on Feb 8.
• Banks did not borrow under the central bank’s Marginal Standing
Facility on Feb 8 as against Rs. 1,650 crore borrowed on Feb 7.
• D ata from the Office f or National Statistics showed that U.K. industrial
production fell 1.3% on a monthly basis in Dec 2017 as compared wi t h
0.3% growth in Nov 2017. On a yearly basis, industrial production stood
steady in Dec after rising 2.6% in Nov.
• According to a report from the National Bureau of Statistics, China’s
consumer and producer price inflation slowed in Jan 2018. Consumer
price i nflation slowe d to 1.5% YoY increase in Jan from 1.8% rose in Dec
2017. Producer prices rose 4.3% YoY, weaker than Dec’s 4.9% increase.
MarketsforYou
• Nifty Feb 2018 Futures were at 10,469.7 points, a premium of 14.75
points above the spot closing of 10,454.95. The turnover on NSE’s Futures
and Options segment went down from Rs. 14,26,958.16 crore on Feb 8 to
Rs. 5,28,108.82 crore on Feb 9.
•ThePut‐Call ratio stood at 0.81 against previous session’s close of 0.79.
• The Nifty Put‐Call ratio remained unchanged at 1.09 against previous
session’s close.
• India VIX moved up 8.20% to 19.2300 from 17.7725 in the previous
trading session.
• Open interest on Nifty Futures stood at 26.21 million as against the
previous session’s close o f 24.69 million.
• The Indian rupee fell against the U.S. dollar following losses in the
domestic equity market. However, continuous decline in global crude oil
prices limited further losses in the rupee.
• Euro recovered marginally against the U.S. dollar after falling in the last
two days amid political uncertainty in Germany and after U.S.
congressional leaders agreed on a two‐y ear budget deal to raise
government sp ending b y almost $300 billion.
• Gold prices moved down following another U.S. government shutdown .
• Brent crude prices fell after data from the U.S. Energy Information
Administration (EIA) indicated U.S. domestic crude production hit a
record o f 10.25 million barrels per day (bpd) for the week to Feb 2.
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