01Jun2018
MarketsforYou
GlobalIndices
GlobalIndices 31‐May Prev_Day Abs.Change
%Change
#
DowJones 24,416 24,668 ‐252 ‐1.02
Nasdaq 7,442 7,462 ‐20 ‐0.27
FTSE 7,678 7,690 ‐11 ‐0.15
Nikkei 22,202 22,019 183 0.83
HangSeng 30,469 30,057 412 1.37
IndianIndices 31‐May Prev_Day Abs.Change
%Change
#
S&PBSESensex 35,322 34,906 416 1.19
Nifty50 10,736 10,614 122 1.15
Nifty100 11,064 10,962 103 0.94
NiftyBank 26,956 26,328 628 2.39
SGXNifty 10,732 10,618 115 1.08
S&PBSEPower 2 ,129 2,137 ‐8 ‐0.36
S&PBSESmallCap 17,249 17,348 ‐98 ‐0.57
S&PBSEHC 13,003 13,112 ‐109 ‐0.83
Date P/E Div.Yield P/E Div.Yield
31‐May 23.19 1.14 27.19 1.23
MonthAgo 23.83 1.12 26.66 1.19
YearAgo 22.67 1.29 24.35 1.19
Nifty50Top3Gainers
Company 31‐May Prev_Day
%Change
#
AdaniPorts&SEZ 392 374 4.74
HDFCBank 2139 2048 4.45
IndusIndBank 1955 1885 3.75
Nifty50Top3Losers DomesticNews
Company 31‐May Prev_Day
%Change
#
SunPharma 480 495 ‐2.87
TataMotors 283 289 ‐2.22
Hindalco 234 238 ‐1.64
AdvanceDeclineRatio
BSE NSE
Advances 973 646
Declines 1683 1146
Unchanged 132 59
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐133
MFFlows** 59444
*30
th
May2018;**30
th
May2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
4.58%
(Apr‐18)
2.99%
(Mar‐17)
IIP
4.40%
(Mar‐18)
4.10%
(Mar‐17)
GDP
7.20%
(Dec‐17)
6.80%
(Dec‐16)
01June2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
7.10%
(Dec‐17)
6.50%
(Sep‐17)
QuarterAgo
Inflow/Outflow
365
507
5.07%
(Jan‐17)
• Indian equity markets witnessed strong buying interest, backed by
strong optimism over the GDP data of India for Q4 FY18, scheduled post
market h ours. Positive cues from Asian markets too supported buying
interest following easing concerns over political disturbances in Italy after
the two political parties renewed efforts to form a coalition government.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.19% and
1.15% to close at 35,322.38 and 10,736.15, respectively. S&P BSE Mid‐
Cap and S&P BSE Small‐Cap fell 0.24% and 0.57%.
• The overall market breadth on BSE was weak with 1,683 scrips declining
and 973 scrips advancing. A total of 132 scrips remained unchanged.
• On the BSE sectoral front, indices witnessed a mixed trend as S&P BSE
Bankex (1.91%) stood as the major gainer followed by S&P BSE Finance
(1.71%) and S&P BSE Oil & Gas (1.17%). Meanwhile, S&P BSE Consumer
Durables (‐0.97%) stood as the major loser followed by S&P BSE Realty (‐
0.85%) and S&P BSE Healthcare (‐0.83%).
• Government data showed that the gross domestic product (GDP) at
2011‐12 prices of the Indian economy witnessed a growth of 7.7% on a
yearly basis in the fourth quarter (Q4) of FY18, up from a growth of 5.6%,
6.3% and 7.0% respectively in the first three quarters Q1, Q2 and Q3 of
FY18. India thus surpassed China’s growth of 6.8% in the same time. For
FY18, the Indian economy grew 6.7% on a yearly basis. On the sectoral
front, Agriculture, forestry & fishing, manufacturing and construction
witnessed a growth of 4.5%, 9.1% and 11.5% respectively. The public
administration, defense and other services witnessed a maximum growth
of 13.3% while mining and quarrying sector witnessed a minimum growth
of 2.7%. The Economic Affairs Secretary retained its FY19 growth forecast
at 7.5%.
• Government data showed that the index of eight core industries
witnessed a growth of 4.7% on a yearly basis in Apr 2018, up from 4.4% in
the previous month and 2.6% in the same month of the previous year.
The cement sector witnessed the maximum growth of 16.6% on a yearly
basis followed by coal sector and natural gas sector that witnessed a
growth of 16.0% and 7.4% respectively.
• Government data showed that India’s fiscal deficit for FY18 accounted
3.53% of GDP. The revenue deficit accounted 2.65% of GDP while the
effective revenue deficit accounted 1.50% of GDP. In absolute terms,
India’s fiscal deficit stood at Rs. 5.92 lakh crore or 99.5% of the budget
estimates.
• IBM has announced the launch of its artificial intelligence (AI) powered
enterprise marketing cloud services in India. This AI will let its Indian
customers to host their consumer data in India, thereby complying with
local regulations.
• BSNL along with Infomo, a mobile advertising platform, will provide
reward points to its customers if they allow advertisements while making
or receiving calls or sending messages. The customers can redeem these
reward points at many partner outlets. This service will begin from Jul
2018.
• Asian markets mostly traded up on improved crude oil prices and easing
political tension in Italy. Upbeat manufacturing and non‐manufacturing
data in China f or May 2018 and i ndustrial production data in Japan for
Apr 2018 along with positive cues from overnight U.S. market further
helped gains. Today (As of June 01), Asian markets opened little changed
following losses on the Wall Street overnight. Both Nikkei and Hang Seng
index were trading higher 0.08% and 0.03%, respectively (as at 8 a.m.
IST).
• As per the last close, European market fell on trade concerns after
fluctuating between gains and losses initially. The U.S. administration re‐
imposed steel (25%) and aluminum (10%) tariffs on Canada, Mexico and
the European Union.
•Asperthelastclose,U.Smarketsdroppedontradeconcernsafterthe
U.S. administration said to re‐impose steel and alu minum tariffs on
Canada, Mexico and the European Union. From U.S. economic front
weekly jobless claims decline higher than m arket forecast in the week
ended May 26.
MarketsforYou
FIIDerivativeTradeStatistics 31‐May
(RsCr) Buy Sell OpenInt.
IndexFutures 8829.11 9165.17 26239.33
IndexOptions 111231.78 110036.48 75759.43
StockFutures 29073.95 28667.43 86673.22
StockOptions 10093.83 10174.77 10742.11
Total 159228.67 158043.85 199414.09
31‐May Prev_Day Change
PutCallRatio(OI) 1.67 1.39 0.28
IndianDebtMarket
PutCallRatio(Vol) 1.04 0.87 0.17
31‐May Wk.Ago Mth.Ago YearAgo
CallRate 5.94% 5. 92% 6.02% 6.02%
CBLO 5.88% 5. 95% 5.53% 6.10%
Repo 6.00% 6. 00% 6.00% 6.25%
ReverseRepo 5.75% 5.75% 5.75% 6.00%
91DayT‐Bill 6.40% 6.20% 6.19% 6.28%
364DayT‐Bill 6.90% 6.80% 6.45% 6.42%
10YearGilt 7.83% 7. 87% 7.77% 6.66%
G‐SecVol.(Rs.Cr) 19565 17063 23708 22735
CurrencyMarketUpdate
FBILMIBOR 6.00% 6.10% 6.00% 6.25%
3MonthCPRate 7. 95% 8.40% 7.40% 6.70%
5YearCorpBond 8.66% 8.72% 8.45% 7.43%
1MonthCDRate 6.50% 6.81% 6.69% 6.21%
3MonthCDRate 7.40% 7.83% 7.07% 6.40%
1YearCDRate 8.23% 8.19% 7.71% 6.83%
CommodityMarketUpdate
Currency 31‐May Prev_Day Change
USD/INR 67.45 67.63 ‐0.18
GBP/INR 89.79 89.70 0.09
EURO/INR 78.79 78.20 0.59
InternationalNews
JPY/INR 0.62 0.62 0.00
Commodity 31‐May WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 66.98 70.72 68.51 48.24
BrentCrude($/bl) 76.74 79.89 76.66 49.04
Gold($/oz) 1298 1304 1315 1268
Gold(Rs./10gm) 31026 31164 31033 28839
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
01June2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty May 2018 Futures settled at spot closing of 10,736.15 points.
Nifty June 2018 Futures were at 10702.15 points, a discount of 34.00
points, over the spot closing. The turnover on NSE’s Futures and Options
segment went up to Rs. 18,34,938.48 crore on May 31 from Rs.
13,59,131.65 crore on May 30.
•ThePut‐Call ratio stood at 0.89 against previous session’s close of 0.84.
• The Nifty Put‐Call ratio stood at 1.67 against the previous session’s
close of 1.40.
• Open interest on Nifty Futu res stood at 31.28 million as against t h e
previous session’s close at 28.13 million.
• Bond yields rose as increase in crude oil prices renewed fears of rise in
domestic inflation. Investors were also cautious ahead of gross domestic
product (GDP) data for quarter ended Mar 2018 due after market hours.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) rose 5 bps to
close at 7.83% from the previous close of 7.78%. During the session,
bond yields traded in the range of 7.81% and 7.85%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,768 crore (gross) on May 31 compared with
Rs. 3,618 (gross) on May 29. Sale of securities under RBI’s reverse repo
window stood at Rs. 11,925 crore on May 30.
• Banks borrowed Rs. 6,862 crore under the central bank’s Marginal
Standing Facility on May 30 as against no borrowing on May 29.
• The Indian rupee remained flat against the U.S. dollar on lower
volumes due to nationwide banking employees’ strike. Meanwhile,
rebound in global risk appetite amid easing concerns over Italian political
turmoil, supported the rupee. The rupee rose 0.03% to close at 67.41 per
dollar from the previous close of 67.43.
• Euro rose initially against the U.S. dollar on easing concerns over
political crisis in Italy after parties formed a government and avoided
elections. Euro was trading at $1.1666 compared with the previous close
of $1.1661.
• Gold prices improved marginally on weak dollar against the euro.
• Brent crude prices gained ahead of the weekly U.S. Energy Information
Administration data for the week ending May 25.
• According to a report from ADP, U.S. private sector employment
surged 178,000 jobs in May 2018 as against a downwardly revised
163,000 jobs (increase in 204,000 jobs originally reported) in Apr 2018.
• A flash report from the Eurostat showed that Eurozone’s inflation came
in higher than market expectations and s urged 1.9% in May 2018 as
against a gain of 1.2% in Apr 2018. Meanwhile, the European Central
Bank targets 'below, but close to 2%' inflation. Core inflation that
excludes prices of energy, food, alcohol and tobacco surged to 1.1% in
May as against 0.7% in Apr.
• According to a report from the Bank of England, U.K. Mortgage
approvals for house purchases came in at 62,455 in Apr 2018 as against
62,802 in Mar 2018.
MarketsforYou
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