Mutual Fund News of 11th July 2018 – Reliance Mutual Fund

11Jul2018

MarketsforYou

GlobalIndices

GlobalIndices 10‐Jul Prev_Day Abs.Change

%Change

DowJones 24,920 24,777 143 0.58

Nasdaq 7,759 7,756 3 0.04

FTSE 7,692 7,688 4 0.05

Nikkei 22,197 22,052 145 0.66

HangSeng 28,682 28,689 ‐6 ‐0.02

IndianIndices 10‐Jul Prev_Day Abs.Change

%Change

S&PBSESensex 36,240 35,935 305 0.85

Nifty50 10,947 10,853 94 0.87

Nifty100 11,219 11,120 99 0.89

NiftyBank 26,895 26,753 141 0.53

SGXNifty 10,963 10,880 83 0.76

S&PBSEPower 1 ,941 1,925 17 0.86

S&PBSESmallCap 16,484 16,314 170 1.04

S&PBSEHC 14,188 14,208 ‐20 ‐0.14

Date P/E Div.Yield P/E Div.Yield

10‐Jul 23.17 1.21 27.05 1.19

MonthAgo 22.91 1.15 27.27 1.23

YearAgo 23.29 1.23 24.87 1.09

Nifty50Top3Gainers

Company 10‐Jul Prev_Day

%Change

GAIL 364 347 4.76

Hindalco 229 222 3.15

RIL 1026 997 2.87

Nifty50Top3Losers DomesticNews

Company 10‐Jul Prev_Day

%Change

HPCL 268 273 ‐1.63

IndianOil 155 157 ‐1.30

IndusIndBank 1935 1958 ‐1.18

AdvanceDeclineRatio

BSE NSE

Advances 1678 1243

Declines 971 542

Unchanged 127 81

InstitutionalFlows(Equity)

Description(Cr) YTD

FIIFlows* ‐5729

MFFlows** 69998

*10

Jul2018;**9

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)

11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

‐742

4.44%

(Feb‐18)

• According to the Society of Indian Automobile Manufacturers (SIAM),

domestic passenger vehicle sales rose 37.54% to 2,73,759 units in June

against 1,99,036 units in the same period last year. Further, domestic car

sales w ere up 34.21% to 1,83,885 units as against 1,37,012 units in June

2017 while, sales of commercial vehicles were up 41.72% to 80,624 units

in June.

• According to Department of Industrial Policy and Promotion (DIPP),

AndhraPradeshhassecuredthetoppositioninthethirdeditionofthe

government’s Ease of Doing Business index for states followed by

Telangana (98.33%) and Haryana (98.07%) at the second and third

position. However, Mumbai (Maharashtra) and New Delhi (Delhi), the

two c i ties that World Bank takes into consideration for its annual Ease of

Doing Business Index, didn’t perform well on this state index.

•The government will focus on states to adopt zero‐budget natural

farming ( ZBNF), using of natural farming methods w here the cost of

growing and harvesting crops i s almost zero. This new method will lower

the cost of farming, thereby significantly increasing the profit margins for

farmers.

• According to the Directorate General of Anti‐d umping and Allied Duties

(DGAD), India has imposed anti‐dumping duty on a Chinese polyester

yarn used in automobile and other industries of up to $528 per tonne for

5 years. This is done to provide a level playing field to domestic players

and protect them against below‐cost imports.

• As per media reports, the government is analysing various schemes by

government or private players to deliver pension, provident fund and

health insurance benefits for all workers in the country including self‐

employed and agricultural workers. The worker will get option to choose

at least one from multiple schemes offered to avail the benefits. This will

give flexibility to the work ers and will also lower the compliance cost as

they will have to file only one compliance for one account under the

social security code.

MarketsforYou

• Asian markets went up backed by recent strength in global crude oil

prices and optimism over upcoming corporate earnings season. Today (as

of July 11), Asian markets opened on a negative note on concerns over

trade war between the U.S. and China. Both Nikkei and Hang Seng fell

1.80% and 1.84%, respectively ( as at 8 a.m. IST).

• As per the last close, European markets went up on optimism for strong

corporate results and put aside concerns over global trade and some

disappointing economic data.

• As per the last close, U.S markets increased on optimism about the Jun

quarter of 2018 earnings season, which overshadowed ongoing worries

about trade war.

• Indian equity markets closed in the green following optimism over

corporate earnings for t he quarter ended Jun 2018. Further, positive

global cues amid confidence that the upcoming earnings season will

offset the trade tensions added to the gains. Additionally, gains in stock

of an Indian conglomerate after international brokerages showed

positivity on the prospects of the stock supported buying interest.

• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.85% and

0.87% to close at 36,239.62 and 10,947.25, respectively. S&P BSE Mid‐

Cap and S&P BSE Small Cap grew 1.01% and 1.04%.

• The overall market breadth on BSE was strong with and 1,678 scrips

advancing and 971 scrips declining. A total of 127 scrips remained

unchanged.

• On the BSE sectoral front, S&P BSE Energy stood as the major gainers,

up 2.01% followed by S&P BSE Realty that grew 1.79%. S&P BSE Telecom

and S&P BSE M etal grew 1.75% and 1.58%, respectively. S&P BSE

Healthcare f ell 0.14%.

FIIDerivativeTradeStatistics 10 ‐Jul

(RsCr) Buy Sell OpenInt.

IndexFutures 2569.64 1700.11 21677.01

IndexOptions 37638.91 36631.42 55232.16

StockFutures 9224.34 9315.11 79726.58

StockOptions 4886.44 4836.27 5085.61

Total 54319.33 52482.91 161721.36

10‐Jul Prev_Day Change

PutCallRatio(OI) 1.66 1.53 0.13

IndianDebtMarket

PutCallRatio(Vol) 1.01 1.02 ‐0.01

10‐Jul Wk.Ago Mth.Ago YearAgo

CallRate 6.15% 6.11% 6.02% 6.10%

CBLO 6.24% 6.00% 5.07% 6.15%

Repo 6.25% 6.25% 6.25% 6.25%

ReverseRepo 6.00% 6.00% 6.00% 6.00%

91DayT‐Bill 6.40% 6. 35% 6.45% 6.25%

364DayT‐Bill 7.11% 7.11% 6.99% 6.33%

10YearGilt 7.90% 7.88% 7.95% 6.47%

G‐SecVol.(Rs.Cr) 15049 18157 36801 80618

CurrencyMarketUpdate

FBILMIBOR 6.26% 6.25% 6.05% 6.20%

3MonthCPRate 7.15% 7.30% 7.80% 6.70%

5YearCorpBond 8.86% 8.83% 8.75% 7.48%

1MonthCDRate 6.32% 6.55% 7.12% 6.29%

3MonthCDRate 6.77% 6.78% 7.09% 6.33%

1YearCDRate 8.10% 8.11% 8.39% 6.68%

CommodityMarketUpdate

Currency 10‐Jul Prev_Day Change

USD/INR 68.79 68.66 0. 14

GBP/INR 91.11 91.47 ‐0.36

EURO/INR 80.78 80.78 0.00

InternationalNews

JPY/INR 0.62 0.62 0.00

Commodity 10‐Jul WkAgo Mth.Ago YearAgo

NYMEXCrude($/bl) 74.06 74.14 65.77 44.35

BrentCrude($/bl) 77.41 75.46 74. 20 46.81

Gold($/oz) 1255 1252 1298 1214

Gold(Rs./10gm) 30399 30282 31027 27719

Source:ThomsonReutersEikon

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

11July2018

The information herein is me ant 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

such information or data, or for that matter the reasonableness of the assumptions upon which such data and information has been processed or arrive data; RNLAM does not in any manner assures

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

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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

• Bond yields rose following gains in crude oil prices that increased

inflation fears and a state debt auction that added to supply.

• Yield on the 10‐year benchmark paper (7.17% GS 2028) rose 1 bps t o

close at 7.90% as against its previous close of 7.89%. During the session,

bond yields traded in the range of 7.89% and 7.91%.

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

Facility (LAF) stood at Rs. 8,688 crore (gross) on Jul 10, compared with

Rs. 7,806 crore (gross) borrowed on Jul 9. Sale of securities under the

Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 8,559

crore on Jul 9.

• B anks borrowed Rs. 303 crore under the central bank’s M arginal

Standing Facility on Jul 9 compared with borrowing of Rs. 3,912 crore on

Jun 6.

• According to a report from the Federal Reserve, U.S. consumer credit

surged by $24.6 billion in May 2018 as against an upwardly revised

increase o f $10.3 billion ($9.2 billion increase originally reported) in Apr

2018. Revolving credit grew by $9.7 billion and non‐revolving credit

surged by $14.8 billion in May.

• According to a report from the Office for National Statistics, U.K’s Gross

domestic product grew 0.3% MoM in May 2018 as against an increase of

0.2% in Apr 2018 and a flat reading in Mar 2018. This marked the

strongest growth since Nov 2017. The gained momentum led to

expectations that Bank of England will raise interest rates in Aug 2018.

MarketsforYou

• Nifty July 2018 Futures were at 10,947.85, a premium of 0.60 points,

above the sp ot closing of 10,947.25. The turnover on NSE’s Futures and

Options segment went up to Rs. 5 ,86,440.62 crore on Jul 10 from Rs.

4,56,283.66 crore on Jul 9.

•ThePut‐Call ratio stood at 0.94 against p revious session’s close of 0.99.

• The Nifty Put‐Call ratio stood at 1.66 against the previous session’s

close of 1.53.

• India VIX moved up 0.42% to 12.4425 from 12.3900 in the previous

trading session.

• Open interest on Nifty Futures stood at 24.84 million as against the

previous session’s close at 23.74 million.

• The rupee weakened against the greenback following increase in g l obal

crude oil prices and dollar de mand from oil importers. The rupee fell

0.16% to close at 68.83 compared to the previous close of 68.72.

• The euro weakened against the greenback as market participants

focusedonthepositiveoutlookforsecond‐quarter corporate earnings in

U.S. which is scheduled to kick off later this week which strengthened the

greenback. Euro was last seen trading at $1.1707, down 0.36% f rom the

previous close of $1.1749.

• Gold prices traded lower as greenback gained against the euro.

• Brent Crude prices traded higher due to intensifying concerns ove

potential supply shortages as hundreds of workers on Norwegian oil and

gas offshore rigs were set for strike on Jul 10.

Thank you for

your time.