16Mar2018
MarketsforYou
GlobalIndices
GlobalIndices 15‐Mar Prev_Day Abs.Change
%Change
#
DowJones 24,874 24,758 116 0.47
Nasdaq 7,482 7,497 ‐15 ‐0.20
FTSE 7,140 7,133 7 0.10
Nikkei 21,804 21,777 27 0.12
HangSeng 31,541 31,435 106 0.34
IndianIndices 15‐Mar Prev_Day Abs.Change
%Change
#
S&PBSESensex 33,686 33,836 ‐150 ‐0.44
Nifty50 10,360 10,411 ‐51 ‐0.49
Nifty100 10,716 10,760 ‐44 ‐0.41
NiftyBank 24,792 24,852 ‐60 ‐0.24
SGXNifty 10,374 10,439 ‐66 ‐0.63
S&PBSEPower 2 ,176 2,173 3 0 .14
S&PBSESmallCap 17,755 17,613 142 0.80
S&PBSEHC 13,687 13,700 ‐13 ‐0.09
Date P/E Div.Yield P/E Div.Yield
15‐Mar 23.40 1.16 25.28 1.26
MonthAgo 24.45 1.14 25.45 1.07
YearAgo 22.68 1.38 23.59 1.22
Nifty50Top3Gainers
Company 15‐Mar Prev_Day
%Change
#
AsianPaints 1161 1137 2.09
BajajFinanceLimited 1726 1710 0.94
M&M 735 728 0.91
Nifty50Top3Losers DomesticNews
Company 15‐Mar Prev_Day
%Change
#
YesBank 312 319 ‐2.20
RIL 912 929 ‐1.86
GAIL 450 458 ‐1.67
AdvanceDeclineRatio
BSE NSE
Advances 1636 1100
Declines 1053 674
Unchanged 158 77
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 9316
MFFlows** 24750
*15
th
Mar2018;**12
th
Mar2018
EconomicIndicator
YoY(%) Current YearAgo
WPI
2.48%
(Feb‐18)
5.51%
(Feb‐17)
IIP
7.50%
(Jan‐18)
3.00%
(Jan‐17)
GDP
7.20%
(Dec‐17)
6.80%
(Dec‐16)
16March2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
1.80%
(Oct‐17)
6.50%
(Sep‐17)
QuarterAgo
Inflow/Outflow
‐273
‐50
4.02%
(Nov‐17)
• Indian equity ma rkets closed in the red amid decline in ba nking stocks
after investigative agencies registered a fresh case of another fraud at the
state‐owned bank, thereby raising the persisting concerns over the
public‐sector banks. Also, weak cues from the global market amid
geopolitical tensions on concerns over the trade war muted buying
interest. However, losses were capped after the announcement of
continuation of a government subsidy for urea which would give boost to
the agriculture sector.
• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 0.44% and
0.49%, respectively to c lose a t 33,685.54 and 10,360.15. S&P BSE Mid‐
Cap and S&P BSE Small‐Cap grew 0.49% and 0.80%, respectively.
• On the BSE sectoral front, S&P BSE Information Energy was the major
loser, down 1.16%, followed by S&P BSE Oil & G as that fell 1.04%. S &P
BSE Metal and S&P BSE FMCG wit nessed decline of 0.54% and 0.52%. S&P
BSE Bankex and S&P BSE Telecom fell 0.49% and 0.35%, respectively.
Among the gainers, S&P B SE Consumer Discretionary Goods & Services
was the major gainer, up 0.31% followed by S&P BSE Industrials, up
0.22% and S&P BSE Power, up 0.14%.
• The Union Cabinet has decided to clear a double taxation avoidance
agreement between India and Iran. The agreement will promote
investment and technology flow, from India to Iran and vice versa, and
will prevent double taxation.
• I ndia’s e x p ort during the month of Feb 2018 increased 4.48% YoY to
$25.83 b illion from $24.73 billion in Feb 2017. Similarly, import grew
10.4% YoY to $37.81 billion from $34.25 billion in the same p eriod of the
previous year. Trade d eficit widened to $12.0 billion a s against $9.52
billion in Feb 2017. However, it narrowed against $16.30 billion in Jan
2018.
• According to a major global credit rating agency, India's economic
growth shall rise to 7.3% in the fiscal year 2018‐19 and further to 7.5% in
2019‐20. It has further mentioned that the money supply has recovered
to its pre‐demonetisation level in mid‐2017 and i s now increasing
steadily.
• According to assurance, tax and advisory firm Grant Thornton, Merger
and Acquisition (M&A) deals in India grew 40% YoY to $1,893 million in
Feb 2018 from $1,354 million during the corresponding period last year.
In terms of count, there were 40 M&A transactions compared with 32
deals worth. Rise in M&A deal value was led by big‐ticket consolidation
that sa w four deals valued over $100 million contributing to 79% of the
total M&A values.
• Global IT major Infosys will soon open its next technology and
innovation hub in the US state of Connecticut and hire about 1,000
American workers by 2022. The Connecticut hub will focus on insurance,
healthcare and manufacturing to bring the company to the eastern
state's clients and serve as the g lobal hub for its InsurTech and HeathTech
efforts.
• Swedish fashion retailer Hennes & Mauritz (H&M) has launched its
online sto re in India with an aim to further accelerate its growth in the
country. The products range will include ladies, men's, teens, kids, plus‐
size, maternity wear and a complete collection of lingerie and
accessories.
• Asian markets t raded in mixed ami d lingering concerns over probable
trade war after the U.S. government asked China to reduce its trade
surplus with the U.S. by $100 billion. Negative cues from overnight U.S.
market and stronger yen further weighed on the sentiments. However,
some respite was seen following better‐than‐expected Chinese industrial
production and retail sales data. Today (As of March 16), Asian markets
opened slightly lower tracking overnight developments related to global
trade and an ongoing Russia investigation. Both Nikkei and Hang Seng fell
0.29% and 0.11%, respectively (as at 8 a.m. IST).
• As per the last c lose, European markets closed i n green after moving
sideways throughout the session. Investors digested the latest earnings
and economic data n ews. However, lingering concerns over a potential
trade war continue to weigh on investor sentiment.
• As per the last close, U.S markets closed on a mixed note after hovering
between gains and losses. Investors digested slew of U.S. economic data.
Initial jobless claims edged lower in the week ended Mar 10 while import
prices rose more than market expectation.
MarketsforYou
FIIDerivativeTradeStatistics 15‐Mar
(RsCr) Buy Sell OpenInt.
IndexFutures 2358.17 2576.62 20524.80
IndexOptions 83284.26 82956.48 72006.94
StockFutures 7881.96 8190.50 79209.66
StockOptions 5130.78 5083.05 7482.39
Total 98655.17 98806.65 179223.79
15‐Mar Prev_Day Change
PutCallRatio(OI) 1.23 1.27 ‐0.04
IndianDebtMarket
PutCallRatio(Vol) 0.97 1.02 ‐0.06
15‐Mar Wk.Ago Mth.Ago YearAgo
CallRate 5.91% 5.88% 5.95% 5.97%
CBLO 5.85% 5.86% 6.02% 6.09%
Repo 6.00% 6.00% 6.00% 6.25%
ReverseRepo 5.75% 5.75% 5.75% 5.75%
91DayT‐Bill 6.15% 6.27% 6.32% 5.94%
364DayT‐Bill 6.53% 6.63% 6.56% 6.14%
10YearGilt 7.63% 7.66% 7.57% 6.83%
G‐SecVol.(Rs.Cr) 30469 35780 25720 36087
CurrencyMarketUpdate
1MonthCPRate 7.81% 7.83% 6.89% 6.74%
3MonthCPRate 7.68% 7.84% 7.90% 6.80%
5YearCorpBond 7.98% 8.09% 7.85% 7.61%
1MonthCDRate 7.06% 7.07% 6.22% 6.21%
3MonthCDRate 7.01% 7.12% 7.23% 6.27%
1YearCDRate 7.40% 7.43% 7.49% 6.64%
CommodityMarketUpdate
Currency 15‐Mar Prev_Day Change
USD/INR 64.94 64.99 ‐0.05
GBP/INR 90.72 90.83 ‐0.10
EURO/INR 80.32 80.58 ‐0.26
InternationalNews
JPY/INR 0.61 0.61 0.00
Commodity 15‐Mar WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 61.15 60.12 61.46 48.29
BrentCrude($/bl) 63.31 63.96 62. 10 49.97
Gold($/oz) 1316 1322 1353 1219
Gold(Rs./10gm) 30320 30459 30542 28084
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
16March2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Mar 2018 Futures were at 10,372.30 points, a premium of 12.15
points, above the spot closing of 10,360.15. The turnover on NSE’s
Futures and Options segment went up from Rs. 8,00,356.04 crore on Mar
14 to Rs. 13,35,191.83 crore on Mar 15.
•ThePut‐Call ratio stood at 0.77 against previous session’s close of 0.82.
• The Nifty Put‐Call ratio stood at 1.23 against the previous session’s
close at 1.27 against.
• Op en interest on Nifty Futures stood at 27.09 million as against t h e
previous session’s close of 26.08 million.
• Bond yields fell amid media reports that government might raise
foreign investment limit for government bonds.
•Yieldonthe10‐y ear benchmark p aper (7.17% GS 2028) fell 5 bps to
close at 7.63% as against previous session’s close of 7.68%. During the
session, bond yields traded in the range of 7.62% and 7.72%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,700 crore (gross) on Mar 15 compared with
Rs. 3,410 crore on Mar 14. Sale of securities under Reserve Bank of
India’s (RBI) reverse repo window stood at Rs. 14,463 crore on Mar 14.
• Banks borrowed Rs. 61 crore under the central bank’s Marginal
Standing Facility on Mar 13 compared with that of Rs. 50 crore borrowed
on Mar 12.
• The Indian rupee fell against the greenback following losses in the
domestic equity market. Concerns of a global trade war and worries of
U.S. President’s protectionist agenda also weighed on the market
sentiment.
• The euro fell against the greenback on concerns that the U.S. Federal
Reserve might hike interest rates in its monetary policy review due next
week.
• Gold prices traded lower as dollar gained against the euro after U.S.
initial jobless claims for the week ended Mar 10 fell more than market
expectations.
• Brent crude prices traded higher after International Energy Agency
(IEA) raised its forecast for oil demand in 2018.
• According to data from the Commerce Department, U.S. retail sales fell
for third consecutive month by 0.1% in Feb 2018, similar to Jan 2018 that
was upwardly revised.
• U .S . wholesale inflation marginally in creased 0.2% MoM i n Feb 2018
after rising 0.4% in Jan 2018. U.S. wholesale inflation was roughly in line
with the tepid growth seen in U.S. consumer prices.
• According to t he European Automobile Manufacturers' Association,
Europe's new car registrations growth slowed in Feb 2018. Passenger car
market grew 4.3% YoY in Feb as compared with 7.1% increase in Jan
2018. All major European Union markets posted growth e xcept the
United Kingdom and Italy.
MarketsforYou
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