15May2018
MarketsforYou
GlobalIndices
GlobalIndices 14‐May Prev_Day Abs.Change
%Change
#
DowJones 24,899 24,831 68 0.27
Nasdaq 7,411 7,403 8 0.11
FTSE 7,711 7,725 ‐14 ‐0.18
Nikkei 22,866 22,758 107 0.47
HangSeng 31,541 31,122 419 1.35
IndianIndices 14‐May Prev_Day Abs.Change
%Change
#
S&PBSESensex 35,557 35,536 21 0.06
Nifty50 10,807 10,807 0 0.00
Nifty100 11,124 11,132 ‐8 ‐0.07
NiftyBank 26,475 26,413 62 0.23
SGXNifty 10,803 10,827 ‐24 ‐0.22
S&PBSEPower 2 ,146 2,151 ‐5 ‐0.25
S&PBSESmallCap 17,640 17,818 ‐178 ‐1.00
S&PBSEHC 13,353 13,370 ‐16 ‐0.12
Date P/E Div.Yield P/E Div.Yield
14‐May 24.17 1.14 26.82 1.19
MonthAgo 23.53 1.14 26.01 1.22
YearAgo 23.03 1.32 23.88 1.22
Nifty50Top3Gainers
Company 14‐May Prev_Day
%Change
#
NTPC 172 167 2.51
Dr.Reddy 2018 1991 1.37
SBI 254 250 1.30
Nifty50Top3Losers DomesticNews
Company 14‐May Prev_Day
%Change
#
ZeeEnte. 578 593 ‐2.56
Bosch 18213 18658 ‐2.39
TataMotors 324 331 ‐2.18
AdvanceDeclineRatio
BSE NSE
Advances 815 523
Declines 1860 1283
Unchanged 157 70
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 4511
MFFlows** 49830
*14
th
May2018;**11
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)
15May2018
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
73
‐305
5.07%
(Jan‐17)
• The Consumer Price Index (CPI)‐based inflation or retail inflation grew
4.58% in Apr 2018, up from 4.28% in Mar 2018 and from 2.99% in Apr
2017. The increase reflects increase in prices of fruits and vegetables by
9.65% and 7.29%, respectively. However, prices of pulses and products,
and sugar and confectionery, declined 12.35% and 4.05%, respectively.
The retail inflation growth remained above the Reserve Bank of India’s
medium‐term target of 4% for the sixth consecutive month. The
Consumer Food Price Index also grew 2.80% in Apr 2018, down from
2.81% in the previous month and up from 0.61% in the same month of
the previous year.
• Government data showed that India’s Wholesale Price Index‐based
inflation (WPI) sharply rose to four‐month high to 3.18% in Apr 2018 from
a provisional 2.47% in Mar 2018 and 3.85% in Apr 2017. The WPI Food
Index also increased to 0.67% in Apr 2018 from ‐0.07% in Mar 2018. The
inflation for fuel items surged to 7.85% in Apr 2018 from 4.70% in Mar
2018.
• The Securities and Exchange Board of India has constituted a team to
redraft the rules and regulations for foreign portfolio investors (FPIs).
Without changing the broader framework, the redrafting aims at making
trading easier for offshore funds in India. SEBI would re‐consider the rules
for foreign institutional investors that are registered with matured
jurisdictions like the U.S. but pool their money in a tax haven like Cayman
Islands. The FPIs may be given more time to make their funds broad‐
based that require a minimum number of 20 investors.
• H industan Unilever L t d. reported increase in profit b y 14% t o Rs. 13.51
billion in the quarter ended Mar 2018 as compared with Rs. 11.83 billion
a year ago. The increase in p rofit was due to higher sales in its home care
business whose revenue rose by 3.26% to Rs. 31.02 billion in quarter
ended Mar 2018.
MarketsforYou
• Asian markets largely re mained positive as U.S. and China commenced
the second round of trade talks in Washington. Weakness in Japanese yen
against U.S. dollar supported gains in the Japanese m arkets. Today (as of
May15),Asianmarketsopenedonamixednote.Positivecloseonthe
Wall Street overnight failed to lift the Asian indices. While Hang Seng was
trading lower 0.45% Nikkei was up 0.05% (as at 8 a.m. IST), respectively.
• As per the last close, European markets ended on a mixed note after
moving between gains and losses during the session. Positive start on the
Wall Street supported the upside but market participants remained
focused on the political situation in Italy.
• As per t he last close, U.S markets c l osed on a positive no te on hop es of
a breakthrough in trade tensions between the U.S. and China ahead of
their second round of trade discussions this week.
• Indian Equity markets ended flat as investors r emained cautious ahead
of Karnataka election results. Post release of disappointing wholesale
price index (WPI)‐based inflation dat a in Apr 2018, investors turned
cautious as they awaited the consumer price inflation data for April 2018
that was due after market hours. Weak industrial output data for Mar
2018 released on May 11 weighed on the market sentiment. However,
positive cues from Asian peers after U.S. and China prepared to continue
trade talks in Washington capped the losses.
• Key benchmark indices S&P BSE Sensex grew 0.06% to close at
35,556.71 and Nifty 50 remained unchanged at 10,806.60, respectively.
S&P BSE Mid‐Cap and S&P BSE Small‐Cap fell 0.88% and 1.00%,
respectively.
• On the BSE sectoral front, S&P BSE Consumer Durables was the major
loser, down 2.50%, followed by S&P BSE Telecom that fell 1.14%. S&P BSE
Industrials and S&P BSE Auto fell 0.97% and 0.93%, res pectively. S&P BSE
Bankex was the major gainer, up 0.17% followed by S&P BSE Oil & Gas
that grew 0.15%. S&P BSE Utilities and Finance grew 0.06% and 0.04%,
respectively.
FIIDerivativeTradeStatistics 14‐May
(RsCr) Buy Sell OpenInt.
IndexFutures 2579.08 1715.49 17515.66
IndexOptions 45282.39 45905.69 68692.03
StockFutures 8848.58 8288.32 83966.72
StockOptions 5662.87 5812.72 8795.34
Total 62372.92 61722.22 178969.75
14‐May Prev_Day Change
PutCallRatio(OI) 1.64 1.66 ‐0.02
IndianDebtMarket
PutCallRatio(Vol) 1.17 1.24 ‐0.07
14‐May Wk.Ago Mth.Ago YearAgo
CallRate 5.91% 5. 94% 5.86% 6.11%
CBLO 6.00% 6. 00% 4.86% 5.64%
Repo 6.00% 6. 00% 6.00% 6.25%
ReverseRepo 5.75% 5.75% 5.75% 6.00%
91DayT‐Bill 6.12% 6.22% 6.05% 6.28%
364DayT‐Bill 6. 56% 6.48% 6.47% 6.47%
10YearGilt 7.83% 7.62% 7.43% 6.73%
G‐SecVol.(Rs.Cr) 21083 25757 37876 54208
CurrencyMarketUpdate
FBILMIBOR 6.01% 6.00% 6.00% 6.20%
3MonthCPRate 7. 95% 7.70% 6.67% 6.81%
5YearCorpBond 8.55% 8.41% 8.12% 7.47%
1MonthCDRate 6.61% 6.65% 6.47% 6.23%
3MonthCDRate 7.41% 7.16% 6.67% 6.42%
1YearCDRate 7.89% 7.76% 7.30% 6.78%
CommodityMarketUpdate
Currency 14‐May Prev_Day Change
USD/INR 67.32 67.22 0.10
GBP/INR 91.25 90.88 0.37
EURO/INR 80.51 80.09 0.42
InternationalNews
JPY/INR 0.62 0.61 0.00
Commodity 14‐May WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 70.96 70.69 67. 30 47.78
BrentCrude($/bl) 79.16 75.74 73. 62 48.29
Gold($/oz) 1312 1314 1345 1228
Gold(Rs./10gm) 31427 31191 30874 28066
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
15May2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Bond y ields rose following more than expected rise in wholesale prices
in Apr 2018 and gains in crude oil prices. Both the factors also created
concerns amongst investors over accelerated consumer price inflation in
Apr.
• Yield on the 10‐y ear benchmark p aper (7.17% GS 2028) r ose 10 bps to
close at 7.83% from the previous close of 7.73%. During the session,
bond yields traded in the range of 7.70% and 7.83%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 7,257 crore (gross) on May 14 compared with
Rs. 7,231 crore on May 11. Sale of securities under Reserve Bank of
India’s (RBI) reverse repo window stood at Rs. 33,950 crore on May 11.
• Banks borrowed Rs. 803 crore unde r the central bank’s Marginal
Standing Facility on May 11 as against no borrowing on May 10.
• According to a report from the Labor Department, U.S. import prices
rose less than expected by 0.3% in Apr 2018 as compared with revised
0.2% fall in Mar 2018. However, export p rices of the country rose mo re
than expected by 0.6% in Apr from 0.3% in Mar.
• According to data from the Hellenic Statistical Authority, import prices
in Greece rose 5.3% YoY in Mar 2018 as compared with 3% rise in Feb
2018. Import prices rose 1% in Mar following 1.6% fall in Feb.
MarketsforYou
• Nifty May 2018 Futures were at 10814.70 points, a premium of 8.10
points, above the spot closing of 10,806.60. The turnover on NSE’s
Futures and Options segment went up to Rs. 4,04,390.21 crore on May 14
from Rs. 3,87,111.61 crore on May 11.
•ThePut‐Call ratio stood at 0.98 against previous session’s close of 0.89.
• The Nifty Put‐Call ratio stood at 1.64 against the previous session’s
close of 1.66.
• India VIX moved up 1.94% to 14.0425 from 13.9775 in the previous
trading session.
• Open interest on Nifty Futures stood at 25.68 million as against the
previous session’s close of 26.13 million.
• The Indian rupee weakened for the fourth consecutive session and
touched more than 15 month low against the U.S. dollar due to greenbac
k
demand from oil importers and foreign banks amid a rebound in global
crude oil prices. The rupee fell 0.27% to close at 67.51 per dollar from the
previous close of 67.33.
• Euro rose for the third consecutive session against the U.S. dollar as ris
k
appetite returned and m arket participants thought that the recent rally o
f
greenback may have ran out of steam. Euro was trading at $1.1988
compared with the previous close of $1.1942.
• Gold prices traded higher as dollar weakened against the euro.
• Brent Crude prices traded higher after OPEC stated that excess suppl
y
has been virtually eliminated, partly due to the ongoing supply cuts b
y
OPEC and accelerating global demand.
Thank you for
your time.
