08Jun2018
MarketsforYou
GlobalIndices
GlobalIndices 07‐Jun Prev_Day Abs.Change
%Change
#
DowJones 25,241 25,146 95 0.38
Nasdaq 7,635 7,689 ‐54 ‐0.70
FTSE 7,704 7,712 ‐8 ‐0.10
Nikkei 22,823 22,626 198 0.87
HangSeng 31,513 31,259 254 0.81
IndianIndices 07‐Jun Prev_Day Abs.Change
%Change
#
S&PBSESensex 35,463 35,179 284 0.81
Nifty50 10,768 10,685 84 0.78
Nifty100 11,092 10,997 95 0.86
NiftyBank 26,518 26,368 150 0.57
SGXNifty 10,793 10,703 90 0.84
S&PBSEPower 2,068 2,043 25 1.23
S&PBSESmallCap 16,790 16,467 323 1.96
S&PBSEHC 12,956 12,859 97 0.76
Date P/E Div.Yield P/E Div.Yield
7‐Jun 23.12 1.14 27.27 1.23
MonthAgo 23.46 1.15 26.60 1.20
YearAgo 22.65 1.31 24.48 1.18
Nifty50Top3Gainers
Company 07‐Jun Prev_Day
%Change
#
TataSteel 602 580 3.86
TataMotors 305 296 3.30
ICICIBank 291 284 2.47
Nifty50Top3Losers DomesticNews
Company 07‐Jun Prev_Day
%Change
#
Bosch 18620 18959 ‐1.79
IndusIndBank 1900 1920 ‐1.01
EicherMotors 29712 29949 ‐0.79
AdvanceDeclineRatio
BSE NSE
Advances 1952 1439
Declines 760 387
Unchanged 107 52
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐1451
MFFlows** 59484
*7
th
Jun2018;**1
st
Jun2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
4.58%
(Apr‐18)
2.99%
(Mar‐17)
IIP
4.40%
(Mar‐18)
4.10%
(Mar‐17)
GDP
7.70%
(Mar‐18)
6.10%
(Mar‐17)
08June2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
7.10%
(Dec‐17)
7.00%
(Dec‐17)
QuarterAgo
Inflow/Outflow
112
19
5.07%
(Jan‐17)
• Indian equity ma rkets closed in the g reen due to positive global cues
after concerns over trade disputes subsided. Further, markets continued
to witness optimism after the Reserve Bank of India maintained its
neutral stance and remained positive towards the economic growth of
the country. Additionally, expectations of good monsoon rains supported
buying interest.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.81% and
0.78% to close at 35,463.08 and 10,768.35, respectively. S&P BSE Mid‐
Cap and S&P BSE SmallCap grew 1.40% and 1.96%.
• The overall market breadth on BSE was strong with and 1,952 scrips
advancing and 760 scrips declining. A total of 107 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up
2.77% followed by S&P BSE Basic Materials and S&P BSE Industrials that
grew 1.61% and 1.51%, respectively. S&P BSE Energy and S&P BSE Metal
grew 1.45% and 1.44%, respectively. S&P BSE Consumer Durables was the
only loser and fell 0.23%.
• Monetary Policy Committee (MPC) announced that by Jan 1, 2019
scheduled commercial banks will have to reach the minimum Liquidity
Coverage Ratio (LCR) of 100%. Currently, the assets allowed as Level 1
High Quality Liquid Assets (HQLAs) for computing LCR of banks include
government securities in excess of the minimum SLR requirement and
within the mandatory SLR requirement. Also, it includes government
securities to the extent allowed by the RBI under Marginal Standing
Facility and under Facility to Avail Liquidity for LCR.
• Monetary Policy Committee (MPC) has decided to revise the housing
loan limits for Priority Sector Lending (PS L) eligibility from Rs. 28 lakh to
Rs. 35 lakh in metropolitan centres that have population of ten lakh and
above and from Rs. 20 lakh to Rs. 25 lakh for other centres. This is
applicable if the overall cost of the dwelling unit in the metropolitan
centre and at other centres does not exceed Rs. 45 lakh and Rs. 30 lakh,
respectively. This comes in order to bring in better sync of the PSL
guidelines for housing loans with the Affordable Housing Scheme. Also, it
aims at giving a boost to the low‐cost housing for the Economically
Weaker Sections and Lower Income Groups.
• According to media reports, the Kerala cabinet has given its approval to
allocate the space for Nissan to set up a tech facility in
Thiruvananthapuram.
• According to media reports, Tata Motors‐owned Jaguar L and Rover
reported 6.1% increase in global sales at 48,281 units in May 2018.
• According to media reports, IT services major Capgemini would acquire
Leidos Cyber which is a commercial cybersecurity arm of Leidos.
According to Capgemini, the acquisition would boost the group’s
capabilities in North America which w ould help meet customer deman d
for its portfolio of cybersecurity services.
• Asian markets mostly gained on tracking higher U.S. markets and after a
key European Central Bank board member hinted that the central bank is
likely to discuss withdrawing its bond‐purchasing programme in the
coming meeting and eased worries about Italian government's spending
plans. However, investors remained cautious of upcoming G7 meeting.
Today (As of June 08), Asian markets opened mostly lower following
mixed close on the Wall Street overnight. While Nikkei was trading up
0.06%, Hang Seng index was down 0.56% (as at 8 a.m. IST).
• As per the last close, European market mostly closed slightly lower as
investors continued to weigh the probability of higher interest rates.
However, bank stocks gained on reports that the European Central Bank
will discuss winding down their bond‐buying program w hen it meets next
week.
• As per the last close, U.S markets witnessed a mixed performance.
Market partially rose on sharp jump in one of the major U.S. food chain,
which was neutralized by profit taking in technology stocks.
MarketsforYou
FIIDerivativeTradeStatistics 07‐Jun
(RsCr) Buy Sell OpenInt.
IndexFutures 3265.99 3757.47 15905.29
IndexOptions 91174.06 92803.45 62886.63
StockFutures 11628.65 11314.96 80970.80
StockOptions 5405.41 5526.77 6492.50
Total 111474.11 113402.65 166255.22
07‐Jun Prev_Day Change
PutCallRatio(OI) 1.49 1.40 0.09
IndianDebtMarket
PutCallRatio(Vol) 0.97 0.90 0.07
07‐Jun Wk.Ago Mth.Ago YearAgo
CallRate 6.03% 5.94% 5.94% 6.19%
CBLO 5.95% 5.88% 6.00% 6.27%
Repo 6.25% 6.00% 6.00% 6.25%
ReverseRepo 6.00% 5.75% 5.75% 6.00%
91DayT‐Bill 6. 48% 6.40% 6.22% 6.29%
364DayT‐Bill 6.99% 6.90% 6.48% 6.43%
10YearGilt 7.99% 7.83% 7.62% 6.56%
G‐SecVol.(Rs.Cr) 43352 19565 25757 109410
CurrencyMarketUpdate
FBILMIBOR 6.11% 6.00% 6.00% 6.30%
3MonthCPRate 7.80% 7.95% 7.70% 6.68%
5YearCorpBond 8.79% 8.64% 8.41% 7.63%
1MonthCDRate 7.11% 6.50% 6.65% 6.28%
3MonthCDRate 7.26% 7.40% 7.16% 6.39%
1YearCDRate 8.38% 8.23% 7.76% 6.81%
CommodityMarketUpdate
Currency 07‐Jun Prev_Day Change
USD/INR 67.02 67.04 ‐0.02
GBP/INR 90.05 89.95 0.10
EURO/INR 79.10 78.68 0.42
InternationalNews
JPY/INR 0.61 0.61 0.00
Commodity 07‐Jun WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 65.96 66.98 70.69 45.75
BrentCrude($/bl) 74.32 76.74 75.74 46.72
Gold($/oz) 1297 1298 1314 1286
Gold(Rs./10gm) 30690 31026 31191 29232
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
08June2018
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
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, c ompleteness, 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 o n 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
accountoflostprofitsarisingfromtheinformationcontainedinthismaterial.
ReadersarerequestedtoclickhereforICRONdisclaimer‐http://www.icraonline.com/legal/standard‐disclaimer.html
DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty June 2018 Futures were at 10765.20 points, a discount of 3.15
points, over t he spot closing o f 10,768.35. The turnover on NSE’s Futures
and Options segment went up to Rs. 18,18,786.62 crore on June 7 f rom
Rs. 8,29,823.12 crore on June 6.
•ThePut‐Call ratio stood at 0.87 against previous session’s close of 0.78.
• The Nifty Put‐Call ratio stood at 1.49 against the previous session’s
close of 1.40.
• Open interest on Nifty Futures stood at 22.73 million as against the
previous session’s close at 21.39 million.
•Bondyieldssurgedforthesecondconsecutivedayastheinterestrate
hike of 25 bps by the Monetary Policy Committee on Jun 06 continued to
hurt demand for domestic bonds.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) rose 7 bps to
close at 7.99% from the previous close of 7.92%. During the session,
bond yields traded in the r ange of 7.92% and 8.00%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,243 crore (gross) on Jun 7 compared wit h Rs.
3,881 (gross) on Jun 6. Sale of securities under RBI’s reverse repo
window stood at Rs. 1,07,005 crore on Jun 6.
• Banks borrowed Rs. 150 crore under the central bank’s Marginal
Standing Facility on Jun 6 as compared with no borrowing on Jun 5.
• RBI conducted a 14‐day variable rate reverse repo auction for a
notified amount of Rs. 30,000 crore for which Rs. 1,225 crore was
allotted at a cut‐off rate of 6.24%.
• The Indian rupee weakened against the greenback following rise in U.S.
treasury yields after U.S. trade deficit unexpectedly fell to a seven month
low in Apr 2018. The rupee f ell 0.31% to close at 67.12 per dollar from
the previous close of 66.92 per dollar.
• The euro surged against the greenback on expectations that the
European Central Bank may tighten its monetary stimulus program in its
monetary policy review due next week. Euro rose 0.42% and was trading
at $1.1822, up 0.42% from the previous close of 1.1773.
• Gold prices traded higher following weakness in U.S. dollar against
euro.
•BrentCrudepricesgainedstrengthamidconcernsoverplungeinoil
exports from Venezuela. Currently, it is facing threat of U.S. sanctions
and economic crisis.
• According to a r eport from the Labor Department, U.S. labor
productivity grew 0.4% in the first quarter of 2018 as against previous
expectation of 0.7%. The downside came in as increase in output was
downwardly revised to 2 .7% from 2.8%. Also, i ncrease in hours worked
was upwardly revised to 2.3% from 2.1%.
• A report from the Commerce Department showed that U.S. trade
deficit narrowed to $46.2 billion in Apr 2018 as against revised figure of
$47.2 billion ($49.0 billion originally reported) in Mar 2018. With the
current decrease, trade deficit in Apr 2018 was smallest since Sep 2017.
• A report from the Eurostat showed that Eurozone’s gross domestic
product grew 0.4% sequentially in the first quarter 2018, down from
growth of 0.7% witnessed in fourth quarter of 2017.
MarketsforYou
Thank you for
your time.