Mutual Fund News of 10th July 2018 – Reliance Mutual Fund

10Jul2018

MarketsforYou

GlobalIndices

GlobalIndices 09‐Jul Prev_Day Abs.Change

%Change

DowJones 24,777 24,456 320 1.31

Nasdaq 7,756 7,688 68 0.88

FTSE 7,688 7,618 70 0.92

Nikkei 22,052 21,788 264 1.21

HangSeng 28,689 28,316 373 1.32

IndianIndices 09‐Jul Prev_Day Abs.Change

%Change

S&PBSESensex 35,935 35,658 277 0.78

Nifty50 10,853 10,773 80 0.74

Nifty100 11,120 11,037 82 0.75

NiftyBank 26,753 26,494 259 0.98

SGXNifty 10,880 10,778 102 0.95

S&PBSEPower 1 ,925 1,900 25 1.32

S&PBSESmallCap 16,314 16,060 254 1.58

S&PBSEHC 14,208 14,046 162 1.16

Date P/E Div.Yield P/E Div.Yield

9‐Jul 23.02 1.22 26.82 1.20

MonthAgo 22.91 1.15 27.27 1.23

YearAgo 23.06 1.24 24.60 1.10

Nifty50Top3Gainers

Company 09‐Jul Prev_Day

%Change

VedantaLimited 227 219 3.42

YesBank 363 353 3.03

AsianPaints 1363 1323 3.02

Nifty50Top3Losers DomesticNews

Company 09‐Jul Prev_Day

%Change

TCS 1883 1913 ‐1.57

UltratechCem 3899 3954 ‐1.39

ZeeEnte. 541 545 ‐0.75

AdvanceDeclineRatio

BSE NSE

Advances 1709 1265

Declines 920 528

Unchanged 152 98

InstitutionalFlows(Equity)

Description(Cr) YTD

FIIFlows* ‐4988

MFFlows** 69389

Jul2018;**5

Jul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)

10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

Sensex Nifty

7.40%

(Jan‐18)

7.00%

(Dec‐17)

QuarterAgo

Inflow/Outflow

‐1177

4.44%

(Feb‐18)

• Indian Equity markets closed in the green foll owing positive cues from

global markets due to strong U.S. jobs data for Jun 2018. Strengthening

rupee further added to the gains. Meanwhile, investors focus shifted

towards upcoming corporate earnings season for the quarter ended Jun

2018.

• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.78% and

0.74% to close at 35,934.72 and 10,852.90, respectively. S&P BSE Mid‐

Cap and S&P BSE Small Cap grew 1.23% and 1.58%.

• The overall market breadth on BSE was strong with and 1,709 scrips

advancing and 920 scrips declining. A total of 152 scrips remained

unchanged.

• On the BSE sectoral front, S&P BSE Energy and S&P BSE Capital Goods

stood as the major gainers, up 1.46% each followed by S&P BSE

Industrials that grew 1.43%. S&P BSE Utilities and S&P BSE Power grew

1.42% and 1.32%, respectively.

• The Ministry of Statistics and Programme Implementation (MOSPI) has

requested extra‐budgetary support of Rs. 1,200 crore this month for four

important surveys. The surveys are on informal sector, services, time use

and economic census. These surveys will help India improve its standards

and quality of statistics that are used for making policy decisions.

• According to a report by the World Trade Organisation, G20 members

have applied 39 new trade‐restrictive measures in seven months to mid‐

May. The increase has doubled from 3 per month to an average of 6 per

month basically due to intensifying trade war concern between the U.S.

and China. This increase will also have a negative impact on India’s

export. The report also mentioned that the G20 economies implemented

47 measures to facilitate trade during t he review period.

• Ashok Leyland has planned to expand its light commercial vehicle (LCV)

business, operations in abroad and defence mobility segment to sustain

the growth momentum. The company will also pay more focus on cost

control, revenue generation and return on capital employed (ROCE)

henceforth.

• Flipkart is planning to inspire next 100 million customers residing in in

tier‐II and ‐III cities to position itself as the “fashion capital” of the

country. The company will also come up with videos in vernacular

language to educate these customers to shop online smoothly.

• Honda Cars India has announced increasing prices of its models in the

range of Rs 10,000 ‐Rs 35,000 from Aug 2018 to offset increase in costs of

inputs.

• Most of the Asian markets ended on a positive note following improved

U.S. markets over the weekend, higher crude oil prices and weaker yen.

Additionally, higher‐than‐expected U.S. jobs data for Jun raised optimism

on global trajectory. However, concerns over global trade war restricted

the upside. Today (as of July 10), Asian markets opened positive following

rise on the Wall Street overnight. Both Nikkei and Hang Seng rose 1.01%

and 0.74%, respectively (as at 8 a.m. IST).

• As per the last close, European markets rose following upbeat U.S.

nonfarm payroll data for Jun 2018 and some positive economic news

from Germany and France. Also, investors reacted to the news after two

key Brexit proponents resigned from the U.K. government.

• As per the last close, U.S markets increased as market participants

sidelined the concerns over a trade war between the U.S. and key

partners. Strength in overseas market and upbeat U.S. nonfarm payroll

data for Jun 2018, further supported the upside.

MarketsforYou

FIIDerivativeTradeStatistics 09‐Jul

(RsCr) Buy Sell OpenInt.

IndexFutures 2036.86 1881.01 19971.26

IndexOptions 45579.22 45507.63 52433.20

StockFutures 10769.56 10289.67 79121.40

StockOptions 5605.05 5687.91 4671.77

Total 63990.69 63366.22 156197.63

09‐Jul Prev_Day Change

PutCallRatio(OI) 1.53 1.51 0.01

IndianDebtMarket

PutCallRatio(Vol) 1.02 0.95 0.07

09‐Jul Wk.Ago Mth.Ago YearAgo

CallRate 6.18% 6.12% 6.02% 6.09%

CBLO 6.10% 6.10% 5.07% 4.95%

Repo 6.25% 6.25% 6.25% 6.25%

ReverseRepo 6.00% 6.00% 6.00% 6.00%

91DayT‐Bill 6.34% 6.42% 6.45% 6.27%

364DayT‐Bill 7.13% 7.11% 6.99% 6.32%

10YearGilt 7.89% 7.91% 7.95% 6.53%

G‐SecVol.(Rs.Cr) 12798 13776 36801 53756

CurrencyMarketUpdate

FBILMIBOR 6.25% 6.25% 6.05% 6.17%

3MonthCPRate 7.15% 7.40% 7.80% 6.67%

5YearCorpBond 8.88% 8.81% 8.75% 7.55%

1MonthCDRate 6.33% 6.60% 7.12% 6.28%

3MonthCDRate 7.01% 6.82% 7.09% 6.35%

1YearCDRate 8.15% 8.11% 8.39% 6.66%

CommodityMarketUpdate

Currency 09‐Jul Prev_Day Change

USD/INR 68.66 68.88 ‐0.22

GBP/INR 91.47 91.14 0.32

EURO/INR 80.78 80.63 0.15

InternationalNews

JPY/INR 0.62 0.62 0.00

Commodity 09‐Jul WkAgo Mth.Ago YearAgo

NYMEXCrude($/bl) 73.88 73.84 65.77 44.20

BrentCrude($/bl) 76.87 76.05 74. 20 46.71

Gold($/oz) 1257 1242 1298 1213

Gold(Rs./10gm) 30622 30348 31027 28009

Source:ThomsonReutersEikon

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

10July2018

The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent

third party sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted

that since Reliance Nippon Life Asset Management Company Limited (RNLAM) (formerly Reliance Capital Asset Management Limited) has not independently verified the accuracy or authenticity of

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the accuracy or authenticity of such data and information. Some of the statements & assertions contained in these materials may reflect RNLAM’s views or opi nions, which in turn may have been

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responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based upon the information provided herein, due

care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or solicitation for the

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DerivativeStatistics‐NiftyOptions



Disclaimer:

DerivativesMarket

DebtWatch

CurrencyMarket

CommodityPrices

• Nifty July 2018 Futures were at 10,859.85, a premium of 6.95 points,

above the spot closing of 10,852.90. The turnover on NSE’s Futures and

Options segment went down to Rs. 4,56,283.66 crore on Jul 9 from Rs.

4,56,642.98 crore on Jul 6.

•ThePut‐Call ratio stood at 0.99 against previous session’s close of 0.85.

•TheNiftyPut‐Call ratio remained unchanged at 1.53 against the

previous session’s close of 1.51.

• Open interest on Nifty Futures stood at 23.74 million as against the

previous session’s close at 22.42 million.

• Bond yields rose as investors deferred any purchases due to lack of

triggers in the market and ahead retail inflation data for Jun 2018 due

later this week.

• Yield on the 10‐year benchmark paper (7.17% GS 2028) rose 2 bps to

close at 7.89% as against its previous close of 7.87%. During the session,

bond yields traded in the range of 7.86% and 7.89%.

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

Facility (LAF) stood at Rs. 7,806 crore (gross) on J ul 7, compared w ith Rs.

4,492 crore (gross) borrowed on Jul 6. Sale of securities under the

Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 20,266

crore on Jul 6.

• Banks borrowed Rs. 3,912 crore under the central bank’s Marginal

Standing Facility on Jul 6 compared with borrowing of Rs. 315 crore on

Jun 5.

• The rupee rose against the U.S. dollar following a rise in U.S.

unemployment rate and slower‐than‐expected rise in U.S. wage growth

in Jun. The rupee rose 0.23% to close at 68. 72 compared to the previous

close of 68.87.

• The euro rose initially against the greenback following a slower‐than‐

expectedriseinwagegrowthinJun.However,allthegainswerealmost

neutralised following the resignation of the British foreign minister. Euro

was last seen trading at $1.1747, up 0.02% from the previous close of

$1.1745.

• Gold prices traded higher amid trade war concerns and U.S.’s tariff

imposition plan on Chinese goods that became effective from Jul 6 gave

boost to the safe‐haven metal.

• Brent Crude prices traded higher following supply disruptions in Libya,

Venezuela and Iran.

• According to a report from Destatis, exports in Germany rose more

than expected by 1.8% MoM i n May 2018 as against 0.3% fall in Apr

2018. The ex ports rose despite t rade war disputes. However, imports

slowed to 0.7% in May after rising 2.6% in Apr.

• According to survey data from Sentix, eurozone’s investor confidence

index rose unexpectedly to 12.1 in Jul 2018 from 9.3 in Jun 2018.

• According to data from Bank of Japan, overall bank lending in Japan

rose 2.2% YoY in Jun 2018 to 524.847 t r illion yen as against 2.0% gain i n

May 2018.

• According to the Ministry of Finance, Japan’s current account surplus

stood at 1,938.3 billion yen in May 2018 as against 1,845.1 billion y en in

Apr 2018.

MarketsforYou

Thank you for

your time.