30Jul2018
MarketsforYou
GlobalIndices
GlobalIndices 27‐Jul Prev_Day Abs.Change
%Change
#
DowJones 25,451 25,527 ‐76 ‐0.30
Nasdaq 7,737 7,852 ‐115 ‐1.46
FTSE 7,701 7,663 38 0.50
Nikkei 22,713 22,587 126 0.56
HangSeng 28,804 28,781 23 0.08
IndianIndices 27‐Jul Prev_Day Abs.Change
%Change
#
S&PBSESensex 37,337 36,985 352 0.95
Nifty50 11,278 11,167 111 0.99
Nifty100 11,542 11,431 111 0.97
NiftyBank 27,634 27,406 228 0.83
SGXNifty 11,167 11,167 0 0.00
S&PBSEPower 1 ,951 1,945 6 0.32
S&PBSESmallCap 16,450 16,306 144 0.88
S&PBSEHC 14,028 13,965 63 0.45
Date P/E Div.Yield P/E Div.Yield
27‐Jul 23.47 1.18 28.02 1.19
MonthAgo 22.39 1.27 25.73 1.24
YearAgo 23.75 1.20 25.56 1.00
Nifty50Top3Gainers
Company 27‐Jul Prev_Day
%Change
#
ITC 303 287 5.34
IndianOil 165 159 4.16
TataMotors 268 258 3.83
Nifty50Top3Losers DomesticNews
Company 27‐Jul Prev_Day
%Change
#
Dr.Reddy 2083 2133 ‐2.32
AdaniPorts&SEZ 395 399 ‐1.16
CoalIndia 262 265 ‐1.11
AdvanceDeclineRatio
BSE NSE
Advances 1665 1175
Declines 970 610
Unchanged 155 84
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐4196
MFFlows** 74115
*27
th
Jul2018;**20
th
Jul2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
5.00%
(Jun‐18)
1.46%
(Jun‐17)
IIP
3.20%
(May‐18)
2.90%
(May‐17)
GDP
7.70%
(Mar‐18)
6.10%
(Mar‐17)
30July2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
6.90%
(Feb‐18)
7.00%
(Dec‐17)
QuarterAgo
Inflow/Outflow
‐199
2776
4.28%
(Mar‐18)
• The government has decided t o allow sugar mills to ma ke ethanol
directly from sugarcane juice or an intermediate product known as B‐
molasses. For this the government has amended the sugarcane control
order of 1966. Th e will help mills use cane juice for e thanol
manufacturing during surplus years. Till now mills were allowed to m ake
ethanol from a by‐product known as C‐molasses.
• The GST Council has approved the setting up of a National Appellate
Tribunal in Delhi. It will have three regional benches and members from
the j udiciary and tax departments. Under the GST regime, states have
their own appellate authorities called Authority for Advance R uling (AAR ).
The national tribunal will hear appeals against the state appellate
authorities. T he proposal is set to be placed before the GST council on Jul
21. The three regional benches will at Mumbai, Chennai and Kolkata. This
step is being considered to mitigate problems arising f rom contradictory
orders of AAR in different states.
• India’s gold imports surged 22.31% to $33.65 billion in 2017 ‐18,
according to the government. Imports were $27.51 billion in 2016‐17 and
$31.7 billion in 2015‐16. Gold imports have a bearing on the country’s
current account deficit or CAD, which is the difference between foreign
exchange inflow and outflow. CAD was at $48.7 billion, or 1.9% of GDP, in
2017‐18, higher than $14.4 billio n, or 0.6% of GDP, in 2016‐17. India is the
world’s largest gold importer and gold mainly caters to the demand of the
jewellery industry.
• Reliance Industries’ net profit increased 3.85% to Rs. 9,459 crore for the
quarter ended Jun 2018 against Rs. 9,108 crore in the year‐ago
period. Consolidated revenue from operations went up 46.98% YoY basis
to Rs 1,33,069 crore for the quarter under review against Rs 90,537 crore
in the same period last year.
• ICICI Bank registered net loss of Rs. 119.55 crore for the quarter ended
Jun 2018. In the year‐ago period, the banks had posted profit of Rs 2,049
crore. Provisions of the private sector bank increased 128.86% YoY to Rs.
5971 crore for t he period.
• Asian stocks were a mixed bag as growth worries kept markets in
China under pressure. Investors were cautious as they awaited the
release of U.S. GDP data later in the day and the Bank of Japan’s
upcoming policy meet scheduled next week. Easing trade dispute
concerns after U.S. agreed to negotiate tariffs with the European Union
gave some support to the bourses. T oday (as of July 30), Asian markets
opened lower following decline on the Wall Street overnight. B oth Nikkei
and Hang Seng fell 0.59% and 0.03%, respectively (as at 8 a.m. IST).
• As per the last close, European markets rose on easing trade tensions
between Europe and the U.S. as well as solid corporate earnings results.
•Asperthelastclose,U.Smarketsfellaftermovinginarangeduringthe
session. Fall reflected a negative reaction to earnings news from a social
media, technology and energy giant company. Market participants
ignored a report showing a significant acceleration in the pace of U.S.
economic growth in the second quarter but w as slightly lower than
market expectation.
MarketsforYou
• Domestic equity markets ended the week with their record run as key
benchmark indices closed at new highs. Sensex has set new records in 6
out of past 12 sessions. Markets saw strong buying in the consumption
and capital goods sectors. This gave Aug 2018 se ries of derivatives
contracts a jump start. Corporate earnings came in higher than expected
and rupee got back some of its lost strength. Also, easing oil prices and
firm global cues helped markets gain.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.95% and
0.99% to close at 37336.85 and 11278.40, respectively. S&P BSE Mid‐Cap
increased 0.95% and S&P BSE Small Cap g rew 0.88%.
• T he overall market breadth on BSE was strong with 1665 scrips
advancing and 970 scrips declining. A total of 155 scrips remained
unchanged.
• On the BSE sectoral front, S&P Fast Moving Consumer G oods stood as
the major gainer, up 2.04% followed by S&P BSE Consumer Durables that
grew 2.03%. S&P BSE Metal an d S&P BSE Oil and Gas grew 1.89% and
1.69%. S&P BSE Energy and S&P BSE Basic Materials g rew 1.55% and
1.37%. S&P BSE Information Technology was the only loser, down 0.02%.
FIIDerivativeTradeStatistics 27 ‐Jul
(RsCr) Buy Sell OpenInt.
IndexFutures 6700.40 7237.88 17246.84
IndexOptions 107466.17 105876.76 43109.03
StockFutures 30319.44 29023.44 74420.14
StockOptions 3633.71 3327.42 434.75
Total 148119.72 145465.50 135210.76
27‐Jul Prev_Day Change
PutCallRatio(OI) 1.71 1.95 ‐0.24
IndianDebtMarket
PutCallRatio(Vol) 1.08 0.98 0. 10
27‐Jul Wk.Ago Mth.Ago YearAgo
CallRate 6.14% 6.20% 6.14% 6.08%
CBLO 6.21% 5.78% 6.09% 6.20%
Repo 6.25% 6.25% 6.25% 6.25%
ReverseRepo 6.00% 6.00% 6.00% 6.00%
91DayT‐Bill 6.70% 6.58% 6.51% 6.13%
364DayT‐Bill 7.23% 7.21% 7.10% 6.22%
10YearGilt 7.78% 7.79% 7.87% 6.44%
G‐SecVol.(Rs.Cr) 18953 21859 23103 46594
CurrencyMarketUpdate
FBILMIBOR 6.27% 6.21% 6.28% 6.25%
3MonthCPRate 7.50% 7.55% 7.55% 6.54%
5YearCorpBond 8.73% 8.73% 8.73% 7.42%
1MonthCDRate 6.88% 6.62% 6.92% 6.23%
3MonthCDRate 7.33% 6.97% 6.99% 6.23%
1YearCDRate 7.99% 7.98% 8.12% 6.53%
CommodityMarketUpdate
Currency 27‐Jul Prev_Day Change
USD/INR 68.70 68.70 0. 00
GBP/INR 89.99 90.66 ‐0.67
EURO/INR 79.98 80.60 ‐0.62
InternationalNews
JPY/INR 0.62 0.62 0.00
Commodity 27‐Jul WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 68.61 70.26 76.16 49.00
BrentCrude($/bl) 75.48 71.83 75.58 50.71
Gold($/oz) 1223 1231 1252 1259
Gold(Rs./10gm) 29722 29849 30536 28327
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
30July2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Bond yields rose following concerns over the outcome of the third bi‐
monthly monetary policy review due on Aug 1, 2018. The sharp surge in
the U.S. Treasury yield ahead of the impending U.S. growth data also
added to the gain in bond yield.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) went up 2 bps
to close at 7.78% as against its previous close of 7.76%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 11,518 cr ore (gross) on J ul 27, compared with
Rs. 4,923 crore (gross) borrowed on Jul 26. Sale of securities und e r the
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 8,686
crore on Jul 26.
• B anks borrowed Rs. 20 crore under the c entral bank’s Marginal
Standing Fa cility on Jul 26 compared with borrowing of Rs. 21 crore on
Jul 25.
• A Commerce Department report showed U.S. economic growth
accelerated significantly in the second quarter. Real gross domestic
product increased 4.1% in the second quarter after a 2.2% rise in the first
quarter. Expectations were for a 4.2% rise. The growth reflects increase
in consumer spending and exports and federal government spending.
• European Central Bank president has shown confidence in the
economic recovery of the euro area. He said eurozone recovery remains
on track in spite of uncertainties on the global trade front.
MarketsforYou
• Nifty August 2018 Futures closed at 11,306.70, a premium of 28.35
points, above the spot closing of 11,278.35. The turnover on NSE’s
Futures and Options segment decreased to Rs. 4,15,201.42 on Jul 27 from
Rs. 17,81,228.45 on Jul 26.
•ThePut‐Call ratio stood at 0.93 against previous session’s close of 0.92.
•TheNiftyPut‐Call ratio stood at 1.71 compared with the previous
session’s close of 1.95.
• India VIX inched up 2.39% to 12.3150 from 12.0275 in the previous
trading session.
• Open interest on Nifty Futures stood at 23.79 million as against the
previous session’s close at 29.48 million.
• The rupee closed almost steady against the greenback as positive
impact of gains in the domestic equity market were almost neutralised b
y
caution ahead of U.S. GDP data f or the second quarter of 2018 due on Jul
27.
• The euro rose against the greenback after the U.S. economy grew at its
fastest pace in the second quarter of 2018 in nearly four years , but was
still below market expectations.
• GoldpricesincheduponpersistingtradetensionbetweenU.S.and
China.
• Brent crude prices inched up after data from the Energy Information
Administration (EIA) indicated that U.S. crude oil inventories fell by 6.147
million barrels for the week ended July 20.
Thank you for
your time.