28 May 2018
Markets for You
Global Indices
Global Indices 25-May Prev_Day Abs. Change
% Change
Dow Jones 24,753 24,812 -59 -0.24
Nasdaq 7,434 7,424 9 0.13
FTSE 7,730 7,717 14 0.18
Nikkei 22,451 22,437 14 0.06
Hang Seng 30,588 30,760 -172 -0.56
Indian Indices 25-May Prev_Day Abs. Change
% Change
S&P BSE Sensex 34,925 34,663 262 0.76
Nifty 50 10,605 10,514 91 0.87
Nifty 100 10,934 10,827 107 0.99
Nifty Bank 26,274 26,017 257 0.99
SGX Nifty 10,603 10,514 89 0.84
S&P BSE Power 2,109 2,080 28 1.37
S&P BSE Small Cap 17,151 16,954 198 1.17
S&P BSE HC 13,044 12,908 136 1.05
Date P/E Div. Yield P/E Div. Yield
25-May 22.81 1.16 26.24 1.21
Month Ago 23.40 1.15 26.24 1.21
Year Ago 22.69 1.30 24.88 1.21
Nifty 50 Top 3 Gainers
Company 25-May Prev_Day
% Change
Indiabulls HFC 1172 1112 5.42
Hindalco 246 234 4.87
Indian Oil 163 156 4.84
Nifty 50 Top 3 Losers Domestic News
Company 25-May Prev_Day
% Change
Coal India 276 280 -1.61
Tech Mahindra 703 711 -1.21
Bharti Infratel 315 318 -1.10
Advance Decline Ratio
Advances 1599 1175
Declines 1037 622
Unchanged 148 68
Institutional Flows (Equity)
Description (Cr)
FII Flows* 1028
MF Flows** 56282
May 2018; **23
May 2018
Economic Indicator
YoY(%) Current Year Ago
28 May 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
Quarter Ago
Indian Equity markets closed in the green after oil prices eased on
expectations of a gradual increase in output from Russia and the
Organization of Petroleum Exporting Countries. Meanwhile, recovery in
rupee further boosted the benchmark indices. Concerns after
cancellation of planned historic summit by the U.S. President with North
Korea, capped the gains.
Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.76% and
0.87% to close at 34,924.87 and 10,605.15, respectively. S&P BSE Mid-
Cap and S&P BSE Small-Cap grew 1.55% and 1.17%, respectively.
The overall market breadth on BSE was strong with 1,599 scrips
advancing and 1,037 scrips declining. A total of 148 scrips remained
On the BSE sectoral front, S&P BSE Oil & Gas was the major gainer, up
3.05% followed by S&P BSE Metal and S&P BSE Basic Materials that grew
2.20% and 1.77%, respectively. S&P BSE Basic Utilities and S&P BSE Basic
Auto surged 1.76% and 1.70%. S&P BSE Consumer Durables was the only
loser, down 0.29%.
The Securities and Exchange Board of India (SEBI) has permitted
'segregated nominee account structure' in International Financial
Services Centre (IFSC) for foreign investors to trade on stock exchanges,
in the wake of easing market access for foreign investors. In segregated
nominee account structure, orders of foreign investors will be routed
through eligible segregated nominee account providers for trading on
stock exchanges in IFSC. Simultaneously, regulatory requirements
relating to identification of end-client, unique client code, order
placement at client level, client level margining and position limits will be
According to a media report, the National Stock Exchange (NSE) and
the Multi Commodity Exchange (MCX) are likely to initiate for merger
and both the entities are planning to approach market regulator
Securities and Exchange Board of India (SEBI). The merger will help NSE
and MCX to gain their leadership position both in the equities and
commodity derivatives space.
Sun Pharma posted rise in consolidated net profit by 6.93% to Rs.
1,375.62 crore for the quarter ended Mar 2018 as against Rs. 1,223.71
crore recorded in quarter ended Mar 2017. On a standalone basis, net
profit stood at Rs. 176.26 crore in quarter ended Mar 2018, up 83.29%
YoY as compared with Rs. 96.16 crore in quarter ended Mar 2017.
IDBI Bank reported net loss of Rs. 5,662.76 crore in the quarter ended
Mar 31 as compared to net loss of Rs. 3,199.77 crore in the same quarter
last year. The rise in losses came in due to increase in gross non-
performing assets (NPA) by 27.95% and increase in net NPA by 16.69% in
the quarter ended Mar 2018.
Tech Mahindra posted increase in net profit by 107.80% to Rs. 1,222
crore in the quarter ended Mar 2018 as against Rs. 588 crore in the same
quarter last year. The board of the company has proposed dividend of
Rs. 14 per share.
Most of the Asian markets traded lower after the U.S. President
cancelled the summit scheduled with North Korea. Negative cues from
overnight U.S. markets, lower crude oil prices and concerns over U.S.
China trade war further dented sentiments. Today (as of May 28), Asian
markets opened mixed. Energy stocks remained under pressure with
decline in oil prices. Meanwhile, investors remained focused on U.S. and
North Korea meet over the weekend. Nikkei and Hang seng fell 0.17%
and 0.05%, respectively (as at 8.a.m. IST).
As per the last close, European markets closed on a mixed note.
Investors remained focus on the political situation in Spain. Also,
investors kept an eye on U.S. North Korea talks after North Korea
responded to summit cancelation by U.S. President and stated that they
remain open to talks.
As per the last close, U.S markets closed on a mixed note. Geopolitical
concerns following U.S. President’s move to cancel a key summit with
North Korea weighed on the indices. However, a few solid earnings
numbers from corporates capped the losses.
Markets for You
FII Derivative Trade Statistics 25-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 2227.65 2598.73 22764.17
Index Options 109190.33 108573.63 73892.71
Stock Futures 12786.18 12396.28 84634.01
Stock Options 8887.80 8832.71 10385.62
Total 133091.96 132401.35 191676.51
25-May Prev_Day
Put Call Ratio (OI) 1.47 1.29 0.18
Indian Debt Market
Put Call Ratio(Vol) 1.07 0.96 0.11
25-May Wk. Ago Mth. Ago
Year Ago
Call Rate 5.93% 5.97% 5.88% 6.01%
CBLO 5.08% 5.98% 5.91% 6.03%
Repo 6.00% 6.00% 6.00% 6.25%
Reverse Repo 5.75% 5.75% 5.75% 6.00%
91 Day T-Bill 6.20% 6.30% 6.20% 6.20%
364 Day T-Bill 6.25% 6.80% 6.63% 6.30%
10 Year Gilt 7.79% 7.83% 7.74% 6.66%
G-Sec Vol. (Rs.Cr) 30646 37693 26253 33758
Currency Market Update
FBIL MIBOR 6.02% 6.04% 6.00% 6.25%
3 Month CP Rate 8.35% 8.30% 7.25% 6.70%
5 Year Corp Bond 8.65% 8.55% 8.41% 7.44%
1 Month CD Rate 6.79% 6.90% 6.64% 6.22%
3 Month CD Rate 7.83% 7.70% 6.71% 6.39%
1 Year CD Rate 8.22% 8.14% 7.61% 6.87%
Commodity Market Update
Currency 25-May Prev_Day
USD/INR 68.26 68.39 -0.13
GBP/INR 91.22 91.44 -0.22
EURO/INR 79.88 80.14 -0.26
International News
JPY/INR 0.62 0.62 0.00
Commodity 25-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 67.87 71.18 67.99 48.52
Brent Crude($/bl) 77.14 79.37 74.53 51.89
Gold( $/oz) 1301 1292 1323 1255
Gold(Rs./10 gm) 31171 30921 31304 28702
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
28 May 2018
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Derivative Statistics- Nifty Options
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Nifty May 2018 Futures were at 10602.40 points, a discount of 2.75
points, below the spot closing of 10,605.15. The turnover on NSE’s
Futures and Options segment went down to Rs. 7,04,102.93 crore on
May 25 from to Rs. 15,16,746.20 crore on May 24.
The Put-Call ratio stood at 0.94 against previous session’s close of
The Nifty Put-Call ratio stood at 1.47 against the previous session’s
close of 1.29.
Open interest on Nifty Futures stood at 24.76 million as against the
previous session’s close at 24.46 million.
Bond yields fell following sharp gains in domestic currency and decline
in crude oil prices. Strong demand at weekly auction on May 25 also
added to the gains in the domestic bond market.
Yield on the 10-year benchmark paper (7.17% GS 2028) fell 8 bps to
close at 7.79% from the previous close of 7.87%. During the session,
bond yields traded in the range of 7.79% and 7.89%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 6,908 crore (gross) on May 25 compared with
Rs. 4,943 crore (gross) on May 24. Sale of securities under RBI’s reverse
repo window stood at Rs. 16,447 crore on May 24.
Banks borrowed Rs. 2,200 under the central bank’s Marginal Standing
Facility on May 24 as against no borrowing on May 23.
The Indian rupee witnessed its biggest single session gain in more than
fourteen months as fall in global crude oil prices boosted market
sentiments. The rupee rose 0.83% to close at 67.78 per dollar from the
previous close of 68.34.
Euro weakened against the greenback as political uncertainty in Spain
and Italy weighed on the common bloc currency. Euro was last seen
trading at $1.1658, down 0.52% compared with the previous close of
Safe-haven appeal of the metal gained following renewed concerns
over geopolitical tension after U.S. President has decided to cancel the
meeting with North Korea.
Brent crude prices plunged after U.S. raised concerns over high prices.
A report from the Commerce Department showed that U.S. durable
goods fell 1.7% in Apr 2018 as against an upwardly revised gain of 2.7%
(2.6% gain originally reported) in Mar 2018. However, excluding the
pullback in orders for transportation equipment, durable goods orders
grew 0.9% in Apr as against a gain of 0.4% in Mar.
According to a report from the Labor Department, U.S. initial jobless
claims surged to 234,000 in the week ended May 19, 2018, up 11,000
from the previous week's revised level of 223,000 (222,000 originally
A report from the National Association of Realtors, U.S. existing home
sales fell 2.5% to an annual rate of 5.46 million in Apr as against a gain of
1.1% to rate of 5.60 million in Mar 2018.
Markets for You
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