GlobalIndices 10Jul Prev_Day Abs.Change
DowJones 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
HangSeng 28,682 28,689 6 0.02
IndianIndices 10Jul Prev_Day Abs.Change
S&PBSESensex 36,240 35,935 305 0.85
Nifty50 10,947 10,853 94 0.87
Nifty100 11,219 11,120 99 0.89
NiftyBank 26,895 26,753 141 0.53
SGXNifty 10,963 10,880 83 0.76
S&PBSEPower 1 ,941 1,925 17 0.86
S&PBSESmallCap 16,484 16,314 170 1.04
S&PBSEHC 14,188 14,208 20 0.14
Date P/E Div.Yield P/E Div.Yield
10Jul 23.17 1.21 27.05 1.19
MonthAgo 22.91 1.15 27.27 1.23
YearAgo 23.29 1.23 24.87 1.09
Company 10Jul Prev_Day
GAIL 364 347 4.76
Hindalco 229 222 3.15
RIL 1026 997 2.87
Nifty50Top3Losers DomesticNews
Company 10Jul Prev_Day
HPCL 268 273 1.63
IndianOil 155 157 1.30
IndusIndBank 1935 1958 1.18
Advances 1678 1243
Declines 971 542
Unchanged 127 81
Description(Cr) YTD
FIIFlows* 5729
MFFlows** 69998
YoY(%) Current YearAgo
Sensex Nifty
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),
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 zerobudget 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
According to the Directorate General of Antid umping and Allied Duties
(DGAD), India has imposed antidumping 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 belowcost 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.
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
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%.
FIIDerivativeTradeStatistics 10 Jul
(RsCr) Buy Sell OpenInt.
IndexFutures 2569.64 1700.11 21677.01
IndexOptions 37638.91 36631.42 55232.16
StockFutures 9224.34 9315.11 79726.58
StockOptions 4886.44 4836.27 5085.61
Total 54319.33 52482.91 161721.36
10Jul Prev_Day Change
PutCallRatio(OI) 1.66 1.53 0.13
PutCallRatio(Vol) 1.01 1.02 0.01
10Jul Wk.Ago Mth.Ago YearAgo
CallRate 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%
ReverseRepo 6.00% 6.00% 6.00% 6.00%
91DayTBill 6.40% 6. 35% 6.45% 6.25%
364DayTBill 7.11% 7.11% 6.99% 6.33%
10YearGilt 7.90% 7.88% 7.95% 6.47%
GSecVol.(Rs.Cr) 15049 18157 36801 80618
FBILMIBOR 6.26% 6.25% 6.05% 6.20%
3MonthCPRate 7.15% 7.30% 7.80% 6.70%
5YearCorpBond 8.86% 8.83% 8.75% 7.48%
1MonthCDRate 6.32% 6.55% 7.12% 6.29%
3MonthCDRate 6.77% 6.78% 7.09% 6.33%
1YearCDRate 8.10% 8.11% 8.39% 6.68%
Currency 10Jul 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
JPY/INR 0.62 0.62 0.00
Commodity 10Jul WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 74.06 74.14 65.77 44.35
BrentCrude($/bl) 77.41 75.46 74. 20 46.81
Gold($/oz) 1255 1252 1298 1214
Gold(Rs./10gm) 30399 30282 31027 27719
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
formed on the basis of such data or information. The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any
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
purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the
readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee,
their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on
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 10year 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 nonrevolving 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.
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.
•ThePutCall ratio stood at 0.94 against p revious session’s close of 0.99.
The Nifty PutCall 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
focusedonthepositiveoutlookforsecondquarter 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.