06 Jul 2018
Markets for You
Global Indices
Global Indices 05-Jul Prev_Day Abs. Change
% Change
#
Dow Jones 24,357 Closed NA NA
Nasdaq 7,586 Closed NA NA
FTSE 7,603 7,573 30 0.40
Nikkei 21,547 21,717 -170 -0.78
Hang Seng 28,182 28,242 -60 -0.21
Indian Indices 05-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 35,575 35,645 -71 -0.20
Nifty 50 10,750 10,770 -20 -0.19
Nifty 100 11,009 11,033 -24 -0.22
Nifty Bank 26,503 26,434 69 0.26
SGX Nifty 10,770 10,777 -7 -0.06
S&P BSE Power 1,896 1,906 -9 -0.49
S&P BSE Small Cap 15,986 16,051 -64 -0.40
S&P BSE HC 14,152 14,326 -175 -1.22
Date P/E Div. Yield P/E Div. Yield
5-Jul 22.62 1.24 26.69 1.21
Month Ago 22.71 1.16 26.83 1.25
Year Ago 22.93 1.25 24.53 1.11
Nifty 50 Top 3 Gainers
Company 05-Jul Prev_Day
% Change
#
Yes Bank 349 336 3.90
Ultratech Cem 3936 3791 3.84
Bosch 18084 17509 3.29
Nifty 50 Top 3 Losers Domestic News
Company 05-Jul Prev_Day
% Change
#
Infosys 1284 1345 -4.55
Tata Steel 553 571 -3.12
Vedanta Limited 221 228 -2.96
Advance Decline Ratio
BSE NSE
Advances 1007 688
Declines 1607 1110
Unchanged 142 77
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -4061
MF Flows** 68279
*5
th
Jul 2018; **29
th
Jun 2018
Economic Indicator
YoY(%) Current Year Ago
CPI
4.87%
(May-18)
2.18%
(May-17)
IIP
4.90%
(Apr-18)
3.20%
(Apr-17)
GDP
7.70%
(Mar-18)
6.10%
(Mar-17)
06 July 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
Nifty
7.40%
(Jan-18)
7.00%
(Dec-17)
Quarter Ago
Inflow/Outflow
2353
1074
4.44%
(Feb-18)
• Indian Equity markets closed in the red after Indian rupee weakened
against the greenback. Weak global cues due to lingering trade war
concerns also continued to weigh on the market sentiment. Further,
investors remained cautious ahead of the deadline on U.S. imposition of
tariff on goods imported from China.
• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 0.20% and
0.19% to close at 35,574.55 and 10,749.75, respectively. S&P BSE Mid-Cap
and S&P BSE Small Cap fell 0.71% and 0.40%.
• The overall market breadth on BSE was weak with and 1,607 scrips
declining and 1,007 scrips advancing. A total of 142 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE FMCG was the major gainer, up
1.03% followed by S&P BSE Finance that grew 0.20%. S&P BSE Auto and
S&P BSE Bankex grew 0.15% and 0.14%, respectively. S&P BSE Consumer
Durables was the major loser, down 2.78% followed by S&P BSE Realty
that fell 1.70%.
• According to media reports, the government is planning to offload 7-8
million tonnes of fresh wheat in the open market at Rs. 1,890 per quintal.
The move comes as the government has huge stock in place. Also the
government seeks to meet the demand from flour millers and other bulk
consumers.
• A report by the Organization for Economic Co-operation and
Development and the Indian Council for Research on International
Economic Relations showed that India’s agro-food sector is facing multiple
challenges. The report suggested that the government implement
reformatory measures so as to ensure a higher agricultural growth and
better income for farmers. The report pointed out that producer prices of
Indian farmers are often below international market standards as they
face restrictions related to import and export and complex domestic
market regulations.
• According to Engineering Exports Promotion Council (EEPC), engineering
exports in India grew close to 20% during the period from Apr to May of
2018. EEPC further added that with a share of more than 21% in the total
auto components exports from India, USA was the top most importer of
auto components from India during the period from Apr to May of 2018.
• According to the Coal Minister, coal imports by India’s power industry
have come down by nearly 15% during the period from Apr to May of
2018. The coal minister clarified that increased supplies from a major
state run coal mining company helped in lowering coal imports.
• Tata projects announced that its 'Smart Cities Business Unit' has
received Bharat Net project worth Rs. 30.57 billion in Chhattisgarh. The
project takes into account laying of Optical Fibre Network that follows ring
architecture with Internet Protocol - Multi Protocol Label Switching
technology.
• According to the media reports, Life Insurance Corporation of India will
invest up to Rs. 26,000 crore in the Indian Railways Finance Corporation
(IRFC) through bond subscriptions in FY19. IRFC is the market-financing
arm of the railroad transporter.
Markets for You
• Asian markets mostly traded low on lingering concerns over the trade
tensions between U.S. and China and ahead of the U.S. tariffs imposition
plan on Chinese goods scheduled to become effective from July 6.
Investors also remained cautious ahead of the minutes from the Federal
Reserve's June meeting and U.S. monthly job data. Today (as of Jul 6),
Asian markets opened higher following gains in the U.S. Wall Street. Both
Nikkei and Hang Seng were trading up 0.92% and 0.41%, respectively (as
at 8.a.m. IST).
• As per the last close, European markets closed higher following reports
that the U.S. President might suspend threats to impose tariffs on cars
imported from the European Union if the block lifted duties on U.S. cars.
Stronger than expected German factory orders data in May 2018 also
boosted market.
• As per the last close, U.S markets closed higher after reports that U.S.
President might suspend threats to impose tariffs on cars imported from
Europe if duties on U.S. cars are lifted. Strong U.S. service sector growth in
Jun 2018 also supported the market.
FII Derivative Trade Statistics 05-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 1875.18 2425.00 20201.28
Index Options 90098.59 89215.30 53648.74
Stock Futures 9276.69 9182.84 79729.12
Stock Options 4762.33 4794.35 4005.05
Total 106012.79 105617.49 157584.19
05-Jul Prev_Day
Change
Put Call Ratio (OI) 1.51 1.53 -0.03
Indian Debt Market
Put Call Ratio(Vol) 0.99 1.08 -0.09
05-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 6.07% 6.13% 5.89% 6.03%
CBLO 5.92% 6.11% 5.70% 6.04%
Repo 6.25% 6.25% 6.00% 6.25%
Reverse Repo 6.00% 6.00% 5.75% 6.00%
91 Day T-Bill 6.30% 6.45% 6.45% 6.21%
364 Day T-Bill 7.16% 7.13% 6.00% 6.36%
10 Year Gilt 7.90% 7.94% 7.83% 6.55%
G-Sec Vol. (Rs.Cr) 15639 21857 21761 45261
Currency Market Update
FBIL MIBOR 6.25% 6.24% 5.99% 6.20%
3 Month CP Rate 7.20% 7.55% 8.10% 6.69%
5 Year Corp Bond 8.90% 8.80% 8.62% 7.56%
1 Month CD Rate 6.30% 7.21% 7.55% 6.32%
3 Month CD Rate 6.94% 7.01% 7.91% 6.37%
1 Year CD Rate 8.15% 8.08% 8.26% 6.70%
Commodity Market Update
Currency 05-Jul Prev_Day
Change
USD/INR 68.75 68.53 0.22
GBP/INR 91.07 90.52 0.55
EURO/INR 80.48 80.02 0.45
International News
JPY/INR 0.62 0.62 0.00
Commodity 05-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 73.00 73.40 65.51 45.06
Brent Crude($/bl) 76.68 75.75 72.10 47.87
Gold( $/oz) 1257 1248 1296 1226
Gold(Rs./10 gm) 30467 30488 30623 28066
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
06 July 2018
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty July 2018 Futures were at 10,751.75, a premium of 2.0 points,
above the spot closing of 10,749.75. The turnover on NSE’s Futures and
Options segment went up to Rs. 15,18,097.53 crore on Jul 5 from Rs.
8,72,089.67 crore on Jul 4.
• The Put-Call ratio stood at 0.92 against previous session’s close of 0.90.
• The Nifty Put-Call ratio stood at 1.51 against the previous session’s
close of 1.53.
• Open interest on Nifty Futures stood at 21.99 million as against the
previous session’s close at 21.83 million.
• Bond yields rose due to plunge in domestic currency before the
release of the U.S. Federal Reserve’s latest monetary policy meeting
minutes.
• Yield on the 10-year benchmark paper (7.17% GS 2028) rose 5 bps to
close at 7.90% as against its previous close of 7.85%. During the session,
bond yields traded in the range of 7.84% and 7.90%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,896 crore (gross) on Jul 5, compared with Rs.
3,897 crore (gross) borrowed on Jul 4. Sale of securities under the
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 54,432
crore on Jul 4.
• Banks borrowed Rs. 1,450 crore under the central bank’s Marginal
Standing Facility on Jul 4 compared with borrowing of Rs. 156 crore on
Jun 3.
• The rupee weakened against the greenback and fell to an all-time low
due to dollar purchases by banks. The rupee fell 0.31% to close at 68.95
per dollar from the previous close of 68.74 per dollar.
• The euro rose against the greenback after industrial orders in Germany
grew more than expected in May. Euro was last seen trading at $1.1696,
up 0.36% from the previous close of $1.1654.
• Gold prices remained steady ahead of the minutes from the U.S.
Federal Reserve's June policy meeting.
• Brent crude prices marginally moved down after the U.S. President
urged the Organization of the Petroleum Exporting Countries (OPEC) to
reduce crude oil prices.
• According to a report from the IHS Markit, Germany’s construction
Purchasing Managers' Index fell to 53.0 in Jun 2018 from 53.9 in May
2018. Housing activity witnessed the strongest growth, however, it
slightly slowed as against May.
• According to Society of Motor Manufacturers and Traders, U.K. car
registrations fell 3.5% on year to 234,945 units in Jun 2018. New car
sales fell 6.3% year to date. 1.3 million new cars joined the U.K. roads.
• According to a report from Destatis, Germany’s factory orders
surpassed market expectations and grew 2.6% MoM in May 2018 as
against a revised decline of 1.6% in Apr 2018. New orders in
manufacturing surged 4.4% on yearly basis as against revised gain of
0.8% in Apr.
Markets for You
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