07May2019
MarketsforYou

https://www.reliancemutual.com

GlobalIndices
GlobalIndices 06‐May Prev_Day Abs.Change
%Change
#
DowJones 26,438 26,505 ‐66 ‐0.25
Nasdaq 8,123 8,164 ‐41 ‐0.50
FTSE Closed 7,381 NA NA
Nikkei Closed Closed NA NA
HangSeng 29,210 30,082 ‐872 ‐2.90
IndianIndices 06‐May Prev_Day Abs.Change
%Change
#
S&PBSESensex 38,600 38,963 ‐363 ‐0.93
Nifty50 11,598 11,712 ‐114 ‐0.97
Nifty100 11,709 11,828 ‐119 ‐1.01
NiftyBank 29,618 29,954 ‐336 ‐1.12
SGXNifty 11,657 11,798 ‐141 ‐1.19
S&PBSEPower 1,968 1,987 ‐19 ‐0.96
S&PBSESmallCap 14,424 14,548 ‐124 ‐0.85
S&PBSEHC 14,096 14,153 ‐57 ‐0.40
Date P/E Div.Yield P/E Div.Yield
6‐May 28.38 1.21 28.95 1.13
MonthAgo 27.99 1.14 29.12 1.13
YearAgo 23.50 1.16 26.36 1.21
Nifty50Top3Gainers
Company 06‐May Prev_Day
%Change
#
BPCL 390 381 2.52
HPCL 292 286 2.17
TCS 2158 2132 1.21
Nifty50Top3Losers DomesticNews
Company 06‐May Prev_Day
%Change
#
ZeeEnte. 388 411 ‐5.75
YesBank 166 176 ‐5.49
TitanIndustries 1083 1145 ‐5.43
AdvanceDeclineRatio
BSE NSE
Advances 831 574
Declines 1634 1237
Unchanged 200 112
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 67675
MFFlows** ‐3322
*6
th
May2019;**3
rd
May2019
EconomicIndicator
YoY(%) Current YearAgo
CPI
2.86%
(Mar‐19)
4.28%
(Mar‐18)
IIP
0.10%
(Feb‐19)
6.90%
(Feb‐18)
GDP
6.60%
(Dec‐18)
7.70%
(Dec‐17)
07May2019
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
8.40%
(Oct‐18)
7.00%
(Sep‐18)
QuarterAgo
Inflow/Outflow
153
‐90
2.11%
(Dec‐18)
• Indian equity markets fell as bourses around the world were hit by U.S.
President’s trade comments. The President said U.S. will increase tariffson
Chinese imports worth $200 billion to 25% this week and put tariffs on
another $325 billion imports soon. Sentiment was further hit when a
survey showed that India’s private sector expanded at the slowest pace in
seven months in Apr 2019 as growth in services activity softened.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.93% and
0.97%, respectively, to close at 38,600.34 and 11,598.25, respectively. S&P
BSE Mid‐Cap and S&P BSE Small Cap lost 0.79% and 0.85%, respectively.
• On the BSE sectoral front, only two sectors gained. S&P BSE Telecom
was the major gainer, up 0.49%, followed by S&P BSE Oil & Gas, up 0.19.
S&P BSE Consumer Durables was the major loser, down 2.82%, followed
by S&P BSE Metal and S&P BSE Realty, down 2.07% and 1.55%,
respectively. S&P BSE Industrials and S&P BSE Consumer Discretionary
Goods & Services lost 1.39% and 1.33%, respectively.
• According to media reports, the ministry of finance may ask the capital
market regulator Securities and Exchange Board of India (SEBI) to relax its
norms for entities that requires promoters to have 75% holdings in them.
Presently the government’s stake in many of the state run banks are more
than 75% and the government is considering lowering its shareholdings to
52%. The objective of the move is to further enable the recapitalisation of
state run banks. State run banks are considering to approach the market
for raising required funds and thus lower government’s stake in them.
• According to media reports, SEBI may give approval to foreign portfolio
investors to invest in shares of unlisted entities. Such a move if adopted is
expected to benefit the start up companies and other unlisted entities as
they will get access to a broader pool of capital. Also the move will bring
about greater participation of foreign portfolio investors in the Indian
capital market.
• Data from the Income Tax Department showed that e‐filing of income
tax returns (ITRs) witnessed an increase 19% over the year. During FY18,
6.74 ITRs were e‐filed out of which 5.47 crore ITRs were filed for the
assessment year (A.Y.) 2017‐18. In FY19, 6.68 crore ITRs were e‐filed out
of which 6.49 crore ITRs were filed for the assessment year (A.Y.) 2018‐19.
This implies that the number of tax payers which filed their ITRs
electronically in FY19 grew 19% compared to that of FY18.
• ICRA downgraded the Yes bank's long‐term bond ratings and gave a
negative outlook for the same. The move comes following a 7.1% increase
in BB and below‐rated advances in the quarter ended Mar‐19.
• According to media reports, the standalone net profit of ICICI Bank fell
5% to Rs. 969 crore in Mar‐19 from Rs. 1,020 crore in the same period of
the previous year. Provision for bad loans also went up from Rs. 4,244
crore in Dec‐18 to Rs. 5,451 core in Mar‐19.
• According to media reports, the net profit of Bharti Airtel in Mar‐19
grew 24.4% to Rs. 107.2 crore Revenue of the company also grew 6.2% to
Rs. 20,602 crore. The company also reported an exceptional gain of Rs.
2,022 crore.
• Asian equity markets declined after the U.S. President said the U.S.
would increase tariffs on $200 billion worth of Chinese goods in the week
and further tariffs on $325 billion goods "shortly”. This comes at a time
when investors were expecting a resolution to the dispute with the two
countries scheduled to sit for the next round of talks later in the week.
Media reports said Beijing could cancel the next round after the U.S.
President’s comments. Today (as of May 07), Asian markets opened on a
mixed note following amid renewed tensions between the U.S. and China.
While Nikkei was trading lower by 0.94%, Hang Seng was up 0.77% (as at 8
a.m. IST).
• As per the last close, European markets fell as market participants
expressed renewed concerns about trade after U.S. President threatened
to impose tariffs on all Chinese imports. He also said tariffs on $200 billion
worth of Chinese goods would be increased to 25% on Friday.
• As per the last close, U.S markets declined after the U.S. President
threatened to impose tariffs on all Chinese imports.
MarketsforYou
FIIDerivativeTradeStatistics 06‐May
(RsCr) Buy Sell OpenInt.
IndexFutures 2074.68 1921.27 21421.25
IndexOptions 121951.39 121383.44 55256.46
StockFutures 10688.60 10140.97 85456.03
StockOptions 4777.83 4711.27 4873.34
Total 139492.50 138156.95 167007.08
06‐May Prev_Day Change
PutCallRatio(OI) 1.30 1.49 ‐0.19
IndianDebtMarket
PutCallRatio(Vol) 0.78 0.84 ‐0.06
06‐May Wk.Ago Mth.Ago YearAgo
CallRate 5.94% 6.12% 5.98% 5.92%
T‐Repo 5.77% 6.01% 5.77% NA
Repo 6.00% 6.00% 6.00% 6.00%
ReverseRepo 5.75% 5.75% 5.75% 5.75%
91DayT‐Bill 6.42% 6.37% 6.18% 6.23%
364DayT‐Bill 6.52% 6.46% 6.30% 6.60%
10YearGilt 7.39% 7.41% 7.35% 7.73%
G‐SecVol.(Rs.Cr) 25485 35362 39093 14125
CurrencyMarketUpdate
FBILMIBOR* 6.18% 6.22% 6.30% 6.00%
3MonthCPRate 7.95% 7.50% 6.80% 7.65%
5YearCorpBond 8.49% 8.52% 8.38% 8.45%
1MonthCDRate 6.93% 7.22% 6.54% 6.62%
3MonthCDRate 7.21% 7.11% 6.65% 7.17%
1YearCDRate 7.60% 7.47% 7.11% 7.84%
CommodityMarketUpdate
Currency 06‐May Prev_Day Change
USD/INR 69.36 69.27 0.09
GBP/INR 91.00 90.24 0.76
EURO/INR 77.64 77.34 0.30
InternationalNews
JPY/INR 0.63 0.62 0.00
Commodity 06‐May WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 62.25 63.24 63.05 69.66
BrentCrude($/bl) Closed 70.72 70.52 75.74
Gold($/oz) 1280 1286 1291 1315
Gold(Rs./10gm) 31490 31764 31615 31003
Source:ThomsonReutersEikon
*Asonprevioustradingday
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
07May2019
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, completeness, 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 on 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 account of lost profits arising from the information
containedinthismaterial.
ReadersarerequestedtoclickhereforICRONdisclaimer‐http://www.icraonline.com/legal/standard‐disclaimer.html
DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty May 2019 Futures were at 11,656.35, a premium of 58.10 points,
above the spot closing of 11,598.25. The turnover on NSE’s Futures and
Options segment rose to Rs. 6,84,284.97 crore on May 6, 2019, compared
with Rs. 6,44,850.26 crore on May 6, 2019.
• The Put‐Call ratio stood at 0.84 compared with the previous session’s
close of 0.80.
• The Nifty Put‐Call ratio stood at 1.30 compared with the previous
session’s close of 1.49.
• Open interest on Nifty Futures stood at 20.11 million as against the
previous session’s close at 19.74 million.
• Bond yields remained unchanged as the impact of the recent fall in
crude prices was negated as market participants preferred to book
profits.
• Yield on the 10‐year benchmark paper (7.26% GS 2029) remained
unchanged at 7.39% compared with the previous session’s close after
trading in a range of 7.36% to 7.39%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,436 crore (gross) on May 6, 2019, compared
with Rs. 4,421 crore (gross) as on May 3, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 40,685
crore on May 3, 2019.
• Banks borrowed Rs. 317 crore under the central bank’s Marginal
Standing Facility on May 3, 2019 compared with borrowings of Rs. 510
crore on May 2, 2019.
• The Indian rupee appreciated against the greenback following the U.S.
President’s comment on hiking tariffs on Chinese imports citing slow
progress in U.S.‐China trade talks. The rupee closed at 69.35 a dollar,
down 0.20% compared with the previous close of 69.22.
• The euro was nearly steady against the greenback as German services
PMI and Eurozone Sentix Investor Confidence came in above
expectations. The euro was last seen trading at 1.1197, down 0.03%
compared with the previous close of 1.1200.
• Gold prices surged against the greenback following the U.S. President’s
comment on increasing tariffs on Chinese imports. Gold prices were last
seen trading at $1,281.61 per ounce compared with the previous close of
$1,278.94.
• The oil market remained closed.
• Labor Department report showed employment in the U.S. jumped much
more than expected in Apr 2019. The Labor Department said non‐farm
payroll employment surged up by 263,000 jobs in Apr following a increase
of 189,000 jobs in Mar 2019.
• The U.S. unemployment rate fell to 3.6% in Apr 2019 from 3.8% in Mar
2019, Labor Department data showed. Economists had expected the rate
to remain unchanged. With the unexpected decrease, the unemployment
rate dropped to its lowest level since hitting 3.5% in Dec 1969.
• A Institute for Supply Management report showed a continued
slowdown in the pace of U.S. services sector growth in Apr 2019. ISM said
its non‐manufacturing index dropped to 55.5 in Apr after falling to 56.1 in
Mar 2019.
MarketsforYou
Thank you for
your time.

https://www.reliancemutual.com