09Jul2018
MarketsforYou
GlobalIndices
GlobalIndices 06‐Jul Prev_Day Abs.Change
%Change
#
DowJones 24,456 24,357 100 0.41
Nasdaq 7,688 7,586 102 1.34
FTSE 7,618 7,603 14 0.19
Nikkei 21,788 21,547 241 1.12
HangSeng 28,316 28,182 134 0.47
IndianIndices 06‐Jul Prev_Day Abs.Change
%Change
#
S&PBSESensex 35,658 35,575 83 0.23
Nifty50 10,773 10,750 23 0.21
Nifty100 11,037 11,009 29 0.26
NiftyBank 26,494 26,503 ‐9 ‐0.04
SGXNifty 10,778 10,770 8 0.07
S&PBSEPower 1 ,900 1,896 3 0.18
S&PBSESmallCap 16,060 15,986 73 0.46
S&PBSEHC 14,046 14,152 ‐106 ‐0.75
Date P/E Div.Yield P/E Div.Yield
6‐Jul 22.71 1.24 26.62 1.21
MonthAgo 22.92 1.15 27.06 1.23
YearAgo 23.00 1.25 24.62 1.10
Nifty50Top3Gainers
Company 06‐Jul Prev_Day
%Change
#
HPCL 268 256 4.52
HeroMoto 3637 3506 3.75
TataMotors 271 262 3.56
Nifty50Top3Losers DomesticNews
Company 06‐Jul Prev_Day
%Change
#
Cipla 613 627 ‐2.24
TechMahindra 635 647 ‐1.82
Bosch 17770 18084 ‐1.74
AdvanceDeclineRatio
BSE NSE
Advances 1451 1039
Declines 1197 749
Unchanged 134 84
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐3810
MFFlows** 69389
*6
th
Jul2018;**5
th
Jul2018
EconomicIndicator
YoY(%) Current YearAgo
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)
09July2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
7.40%
(Jan‐18)
7.00%
(Dec‐17)
QuarterAgo
Inflow/Outflow
38
251
4.44%
(Feb‐18)
• Indian Equity markets modestly higher following recovery in t he glob al
markets after investors responded calmly to imposition of tariffs by U.S.
on Chinese imports. Gains were extended amid reports of good progress
of monsoon rains and optimism amongst investors ahead of the earnings
season. Further, gains in energy stocks due to decline in oil prices boosted
the indices. However, concerns about the intensifying conflicts capped
the gains.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.23% and
0.21% to close at 35,657.86 and 10,772.65, respectively. S&P BSE Mid‐
Cap and S&P BSE Small Cap grew 0.56% and 0.46%.
• The overall market breadth on BSE was strong with and 1,451 scrips
advancing and 1,197 scrips declining. A total of 134 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Industrials was the major gainer, up
1.50% followed by S&P BSE Auto that grew 1.39% . S&P BSE Realty and
S&P BSE Capital Goods grew 1.27% and 1.16%, respectively. S&P BSE
Healthcare was the major loser, down 0.75% followed by S&P BSE
Consumer Durables that fell 0.23%.
• Securities and Exchange Board of India (SEBI) has analysed the
mechanism of dividend adjustment for stock options and has permitted
alteration in strike price. It stated that if dividend declared by a company
is above 5% of the underlying stocks, adjustment in strike price will be
carried out. SEBI also stated that the adjustment in strike price will be
done in all other cases of dividend, wherein listed company has sought
exemption from the timeline prescribed under listing and disclosure
regulations.
• According to the Finance Secretary, the Goods and Service Tax (GST)
Council will consider bringing petroleum products under GST net and it
could happen in phases. Meanwhile, the chairman of the Central Board of
Indirect Taxes and Customs said that, d espite there is demand for
bringing petroleum products under GST, the GST Council need to finalise
on the same.
• According to the media reports, allowing foreign investment in
inventory‐le d online retailers stocking products made in India has been
recommended by a government‐industry subgroup on ecommerce. As
per the reports, the policy would establish a new definition for
ecommerce that will bring in greater liability and responsibility on online
retailers that may have to seek government approval.
• Microsoft is planning to outspread its Movies & TV app from Windows
10 to Android and iOS also. Therefore, the customers can now watch
content on any device rather than watching only in Windows 10 PCs,
Xbox, and Windows 10 Mobile.
• Indiabulls Real Estate has entered into an agreement with Blackstone
Group to sell its c ommercial assets in Chennai for Rs. 8.5 billion. The real
estate company stated that these commercial assets are non‐core real
estate business operations for the company.
• According to the 41st Annual General Meeting of Reliance Industries,
the parent company will focus on its consumer businesses such as
Reliance Retail and Reliance Jio. These consumer businesses will als o
contribute to the overall earnings of the company as the energy and
petrochemical businesses.
• Asian markets closed in the green after taking positive cues from
overnight U.S. markets. Expectations that China would be able to take
necessary measures to support the economy has also overshadowed
U.S.’s tariff plans on Chinese goods. Today (as of July 09), Asian markets
opened positive following rise on the Wall Street overnight. Both Nikkei
and Hang Seng rose 0.97% and 1.46%, respectively (as at 8 a.m. IST).
• As per the last close, European markets closed on a positive note after
moving in a range during the session. Market participants remained
cautious due to concerns over the trade war between the U.S. and C hina.
The U.S. has imposed tariffs o n $34 billion worth of Chinese imports and
China quickly responded in kind. The U.S. President later said that U.S.
could soon impose tariffs on more than $500 billion in Chinese imports.
• As per the last close, U.S markets rose following upbeat U.S. nonfarm
payroll data for Jun 2018. Meanwhile, minutes from the latest U.S.
Federal Reserve meeting showed negative risks to economy from U.S.
trade policy have intensified.
MarketsforYou
FIIDerivativeTradeStatistics 06‐Jul
(RsCr) Buy Sell OpenInt.
IndexFutures 2585.92 1881.60 19847.72
IndexOptions 120250.33 119486.33 51500.94
StockFutures 10850.71 10658.37 79158.97
StockOptions 6728.09 6617.06 4471. 48
Total 140415.05 138643.36 154979.11
06‐Jul Prev_Day Change
PutCallRatio(OI) 1.51 1.51 0.01
IndianDebtMarket
PutCallRatio(Vol) 0.95 0.99 ‐0.04
06‐Jul Wk.Ago Mth.Ago YearAgo
CallRate 6.15% 6.21% 5.88% 6.03%
CBLO 4.99% 6.20% 5.71% 6.04%
Repo 6.25% 6.25% 6.25% 6.25%
ReverseRepo 6.00% 6.00% 6.00% 6.00%
91DayT‐Bill 6.33% 6.48% 6.52% 6.27%
364DayT‐Bill 7.16% 7.11% 6.99% 6.34%
10YearGilt 7.87% 7.90% 7.92% 6.54%
G‐SecVol.(Rs.Cr) 17580 27152 25056 61417
CurrencyMarketUpdate
FBILMIBOR 6.19% 6.25% 5.96% 6.17%
3MonthCPRate 7.20% 7.55% 7.80% 6.68%
5YearCorpBond 8.86% 8.79% 8.67% 7.56%
1MonthCDRate 6.30% 6.81% 7.35% 6.30%
3MonthCDRate 7.00% 7.00% 7.54% 6.36%
1YearCDRate 8.12% 8.08% 8.32% 6.67%
CommodityMarketUpdate
Currency 06‐Jul Prev_Day Change
USD/INR 68.88 68.75 0.12
GBP/INR 91.14 91.07 0.07
EURO/INR 80.63 80.48 0.16
InternationalNews
JPY/INR 0.62 0.62 0.00
Commodity 06‐Jul WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 73.73 74.08 64. 75 45.47
BrentCrude($/bl) 74.57 76.78 72.32 48.82
Gold($/oz) 1254 1252 1296 1225
Gold(Rs./10gm) 30540 30341 30660 28135
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
09July2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty July 2018 Futures were at 10,778.4, a premium of 5.75 points,
above the spot closing of 10,772.65. The turnover on NSE’s Futures and
Options segment went down to Rs. 4,56,642.98 crore on Jul 6 from Rs.
15,18,097.53 crore on Jul 5.
•ThePut‐Call ratio stood at 0.85 against previous session’s close of 0.92.
•TheNiftyPut‐Call ratio remained unchanged at 1.51 against the
previous session’s close.
• Open interest on Nifty Futures stood at 22.42 million as against th e
previous session’s close at 21.99 million.
• Bond yields fell amid lower volumes after robust demand at the weekly
auction of government securities. However, i nvestors rem ained cautious
on escalating trade tensions between the U.S. and China.
•Yieldonthe10‐y ear benchmark paper (7.17% GS 2028) fell 3 bps to
close at 7.87% as against its previous close of 7.90%. During the session,
bond yields traded in the range of 7.87% and 7.90%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs . 4,492 crore ( gross) on Jul 6, compared with Rs.
3,896 crore (gross) borrowed on Jul 5. Sale of securities under the
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 46,425
crore on Jul 5.
• Banks borrowed Rs. 315 crore under the central bank’s Marginal
Standing Facility on Jul 5 compared with borrowing of Rs. 1,450 crore on
Jun 4.
• The rupee rose against the U.S. dollar due to intervention by the
Reserve Bank of India and greenback sales by the exporters. Gains in
domestic equity market also supported the rupee. The rupee rose 0.11%
to close at 68.87 per dollar from the previous close of 68.95 per dollar.
• The euro rose against the greenback following less than expected U.S.
wage growth and increase in U.S. unemployment rate in Jun 2018. Euro
was last seen trading at $1.1758, up 0.59% from t he previous close of
$1.1689.
• The precious metal lost its sheen after the U.S. nonfarm payrolls rose in
Jun albeit the unemployment rate stood at 4%.
• Brent crude prices moved down on concerns over higher output supply
from Arabia.
• According to the minutes of U.S. Federal Reserve’s (Fed) Jun meeting,
despite mounting concerns over a trade war, the bank plans to continue
raising interest rates. In the meeting, it had hiked rates and announced
its projection of four rate increases in 2018 as against previous
expectation of three. The Fed maintained its outlook for three rate hikes
in 2019.
• According to a report from the Labor Department, U.S. non‐farm
payroll employment surged by 213,000 jobs in Jun 2018 as against an
upwardly revised increase of 244,000 jobs (223,000 jobs addition
originally reported) in May 2018. However, the unemployment rate
surged to 4% in Jun as against 3.8% in May.
MarketsforYou
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