11 Jun 2018
Markets for You
Global Indices
Global Indices 08-Jun Prev_Day Abs. Change
% Change
#
Dow Jones 25,317 25,241 75 0.30
Nasdaq 7,646 7,635 10 0.14
FTSE 7,681 7,704 -23 -0.30
Nikkei 22,695 22,823 -129 -0.56
Hang Seng 30,958 31,513 -554 -1.76
Indian Indices 08-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 35,444 35,463 -19 -0.05
Nifty 50 10,768 10,768 -1 -0.01
Nifty 100 11,098 11,092 6 0.06
Nifty Bank 26,451 26,518 -66 -0.25
SGX Nifty 10,765 10,793 -28 -0.26
S&P BSE Power 2,053 2,068 -15 -0.74
S&P BSE Small Cap 16,887 16,790 97 0.58
S&P BSE HC 13,425 12,956 468 3.62
Date P/E Div. Yield P/E Div. Yield
8-Jun 22.91 1.15 27.27 1.23
Month Ago 23.48 1.15 26.60 1.20
Year Ago 22.62 1.31 24.43 1.18
Nifty 50 Top 3 Gainers
Company 08-Jun Prev_Day
% Change
#
Sun Pharma 528 489 8.08
Lupin 810 767 5.56
Dr.Reddy 2063 1965 4.98
Nifty 50 Top 3 Losers Domestic News
Company 08-Jun Prev_Day
% Change
#
Hindalco 242 249 -2.59
Power Grid 198 203 -2.39
HDFC Ltd. 1840 1869 -1.53
Advance Decline Ratio
BSE NSE
Advances 1456 1015
Declines 1195 777
Unchanged 131 81
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -1952
MF Flows** 59484
*8
th
Jun 2018; **1
st
Jun 2018
Economic Indicator
YoY(%) Current Year Ago
CPI
4.58%
(Apr-18)
2.99%
(Apr-17)
IIP
4.40%
(Mar-18)
4.10%
(Mar-17)
GDP
7.70%
(Mar-18)
6.10%
(Mar-17)
11 June 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
7.10%
(Dec-17)
7.00%
(Dec-17)
Quarter Ago
Inflow/Outflow
112
-501
5.07%
(Jan-18)
• Indian equity markets closed marginally lower following weak cues from
the global market. Decline in global markets reflect trade tensions ahead
of G7 meeting and policy meetings of major central banks in the week
ending Jun 14. However, losses were capped due to gains in IT and
pharma stocks owing to weak rupee.
• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 0.05% and
0.01% to close at 35,443.67 and 10,767.65, respectively. S&P BSE Mid-Cap
and S&P BSE SmallCap grew 0.42% and 0.58%.
• The overall market breadth on BSE was strong with and 1,456 scrips
advancing and 1,195 scrips declining. A total of 131 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Healthcare was the major gainer, up
3.62% followed by S&P BSE Information Technology and S&P BSE Energy
that grew 0.77% and 0.75%, respectively. S&P BSE Teck and S&P BSE Oil &
Gas grew 0.73% and 0.60%, respectively. S&P BSE Power was the major
loser, down 0.74% followed by S&P BSE Metal that fell 0.43%.
• The International Monetary Fund has supported RBI’s decision of
increasing the repo rate by 25 bps to 6.25%. As per the organisation,
during the times of rising inflation and additional risk to it due to
accelerated crude oil prices, RBI’s action of rate hike is appropriate for the
situation.
• As per media reports, the government could initiate the process of filing
Know Your Customers (KYC) forms for company directors. Directors will
have to submit passport, PAN number and contact details for the KYC
process, which will be required to be updated on annual basis while filing
annual financial statements. Respective companies will also have to
update their physical addresses annually in a separate form. All these
steps are being taken to restrict creation of shell companies, bring
transparency among corporate firms and prevent key management
personnel from escaping India due to fear of prosecution.
• The Commerce Minister expects India’s economy to grow more than 8%
in the next two years. The minister also stated that the government is
taking various steps like forming a new industrial policy to double the
economy’s size to $ 5 trillion in coming 7-8 years. • Reliance Industries
Ltd. aims to make its consumer businesses as big as its core energy
operations, chairman said in its annual report, as he seeks to reshape the
industrial powerhouse. The company, primarily an oil and gas refining,
marketing and petrochemicals conglomerate.
• Sony Pictures Sports Network, the cluster of sports channels under Sony
Pictures Network India, could be looking at a Rs. 200 crore payoff (ad-
sales and on-air sponsorship money) from the FIFA World Cup 2018.
• Tata Sons, the holding company of the Tata group, is raising $1.5 billion
from the international markets to invest in group's infrastructure projects
and pay off loans of Tata Teleservices. This will be for the first time since
2007 that Tata Sons is tapping the international markets to raise funds.
Markets for You
• Asian markets traded cautiously ahead of the key summit between
North Korea and U.S. and G7 summit. Policy decisions by the major
central banks further kept investors wary. Chinese market fell on concerns
over liquidity in the stock market along with trade tension. Reports that
Japan's Gross Domestic Product was down 0.2% in the first three months
of 2018, added to the woes. Today (as of Jun 11), Asian markets opened
mixed as markets focused on a mix of trade tensions and a landmark
meeting between U.S. President and North Korean leader. Nikkei was
trading up 0.21% and Hang Seng was trading down 0.16%, respectively (as
at 8.a.m. IST).
• As per the last close, European markets closed lower as investors were
worried about world trade ahead of G7 meeting in Canada which was
scheduled in the weekend.
• As per the last close, U.S markets closed higher as investors were
awaiting any developments out of the G7 summit in Canada which will
focus on the trade relations.
FII Derivative Trade Statistics 08-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 3058.97 2958.27 17323.14
Index Options 147012.56 139682.66 60386.73
Stock Futures 10354.53 9660.53 82090.18
Stock Options 5610.40 5683.40 6821.47
Total 166036.46 157984.86 166621.52
08-Jun Prev_Day
Change
Put Call Ratio (OI) 1.49 1.49 0.00
Indian Debt Market
Put Call Ratio(Vol) 1.00 0.97 0.03
08-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 6.02% 5.98% 5.86% 6.13%
CBLO 5.07% 5.98% 6.00% 6.21%
Repo 6.25% 6.00% 6.00% 6.25%
Reverse Repo 6.00% 5.75% 5.75% 6.00%
91 Day T-Bill 6.45% 6.43% 6.13% 6.26%
364 Day T-Bill 6.99% 6.86% 6.45% 6.35%
10 Year Gilt 7.95% 7.85% 7.58% 6.53%
G-Sec Vol. (Rs.Cr) 36801 15457 46041 79106
Currency Market Update
FBIL MIBOR 6.05% 6.05% 6.04% 6.30%
3 Month CP Rate 7.80% 8.05% 7.75% 6.68%
5 Year Corp Bond 8.73% 8.62% 8.39% 7.58%
1 Month CD Rate 7.12% 6.59% 6.67% 6.26%
3 Month CD Rate 7.09% 7.58% 7.25% 6.38%
1 Year CD Rate 8.39% 8.25% 7.72% 6.81%
Commodity Market Update
Currency 08-Jun Prev_Day
Change
USD/INR 67.52 67.02 0.50
GBP/INR 90.60 90.05 0.56
EURO/INR 79.58 79.10 0.48
International News
JPY/INR 0.62 0.61 0.01
Commodity 08-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 65.77 65.81 68.78 45.63
Brent Crude($/bl) 74.20 74.48 75.15 45.94
Gold( $/oz) 1298 1293 1314 1279
Gold(Rs./10 gm) 31027 30764 31082 29161
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 June 2018
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Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Jun 2018 Futures were at 10,748.1 points, a discount of 19.55
points, below the spot closing of 10,767.65. The turnover on NSE’s
Futures and Options segment went down to Rs. 4,89,425.90 crore on Jun
8 from Rs. 18,18,786.62 crore on Jun 7.
• The Put-Call ratio stood at 0.85 against previous session’s close of 0.87.
• The Nifty Put-Call ratio remained unchanged from the previous
session’s close of 1.49.
• India VIX moved down 0.93% to 12.6575 from 12.7775 in the previous
trading session.
• Open interest on Nifty Futures stood at 23.25 million as against the
previous session’s close at 22.73 million.
• Bond yields fell after rising for two consecutive days due to short
covering by investors and demand for domestic bonds in the weekly
auction.
• Yield on the 10-year benchmark paper (7.17% GS 2028) fell 4 bps to
close at 7.95% from the previous close of 7.99%. During the session,
bond yields traded in the range of 7.91% and 8.03%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,630 crore (gross) on Jun 8 compared with Rs.
3,243 crore (gross) on Jun 7. Sale of securities under Reserve Bank of
India’s (RBI) reverse repo window stood at Rs. 38,712 crore on Jun 7.
• Banks borrowed Rs. 250 crore under the central bank’s Marginal
Standing Facility on Jun 6 as compared with borrowing of Rs. 150 crore
on Jun 5.
• The rupee weakened against the greenback on concerns of foreign
fund outflow from the Indian economy and worries following increase in
global crude oil prices. Greenback demand from foreign and state-run
banks, likely on behalf of oil importers also boosted the greenback.
• The euro weakened against the greenback as market participants
remained cautious ahead of a G7 meeting in Canada.
• Gold prices traded higher in yet another instance of trade war as U.S.
President plans to bail out from the upcoming G-7 summit.
• Brent Crude prices traded higher ahead of the Organization of the
Petroleum Exporting Countries (OPEC) meeting in Vienna on June 22.
• A report from the Labor Department showed that U.S. initial jobs
claims came in at 222,000 for the week ended Jun 2, 2018, down 1,000
from the previous week's revised level of 223,000 (221,000 originally
reported). Continuing claims grew by 21,000 to 1.741 million in the week
ended May 26, 2018.
• A report from the General Administration of Customs showed that
China’s exports grew 12.6% YoY in May 2018 as against market
expectations of a growth of 11.1%. Meanwhile, imports surged 26% YoY
in May as against an expectation of 18.2% gain. The trade surplus came
in at $24.92 billion in May that came in below market expectations of
$33.8 billion.
Markets for You
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