Mutual Fund News of 14th November 2018

14Nov2018

MarketsforYou

GlobalIndices

GlobalIndices 13‐Nov Prev_Day Abs.Change

%Change

DowJones 25,286 25,387 ‐101 ‐0.40

Nasdaq 7,201 7,201 0 0.00

FTSE 7,054 7,053 1 0.01

Nikkei 21,811 22,270 ‐459 ‐2.06

HangSeng 25,793 25,633 160 0.62

IndianIndices 13‐Nov Prev_Day Abs.Change

%Change

S&PBSESensex 35,144 34,813 332 0.95

Nifty50 10,583 10,482 100 0.96

Nifty100 10,807 10,715 92 0.86

NiftyBank 25,769 25,540 229 0.90

SGXNifty 10,614 10,491 124 1.18

S&PBSEPower 1 ,955 1,941 14 0.75

S&PBSESmallCap 14,578 14,549 29 0.20

S&PBSEHC 14,470 14,588 ‐118 ‐0.81

Date P/E Div.Yield P/E Div.Yield

13‐Nov 22.82 1.26 25.45 1.25

MonthAgo 22.52 1.28 25.33 1.28

YearAgo 24.17 1.19 25.99 1.09

Nifty50Top3Gainers

Company 13‐Nov Prev_Day

%Change

EicherMotors 23242 21934 5.96

IndianOil 141 135 4.70

BPCL 303 291 4.10

Nifty50Top3Losers DomesticNews

Company 13‐Nov Prev_Day

%Change

SunPharma 562 590 ‐4.71

TataMotors 180 186 ‐3.52

IndiabullsHFC 842 865 ‐2.69

AdvanceDeclineRatio

BSE NSE

Advances 1301 904

Declines 1323 899

Unchanged 136 87

InstitutionalFlows(Equity)

Description(Cr) YTD

FIIFlows* ‐41846

MFFlows** 111789

*13

Nov2018;**12

Nov2018

EconomicIndicator

YoY(%) Current YearAgo

CPI

3.31%

(Oct‐18)

3.58%

(Oct‐17)

IIP

4.50%

(Sep‐18)

4.10%

(Sep‐17)

GDP

8.20%

(Jun‐18)

5.60%

(Jun‐17)

14November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

7.00%

(Jun‐18)

7.70%

(Mar‐18)

QuarterAgo

Inflow/Outflow

‐873

2393

4.17%

(Jul‐18)

• Indian equity markets gained sharply after reports suggested China and

U.S. resumed high level trade talks. A stronger rupee and fall in crude oil

prices also lent support. Crude prices fell after the Organization of the

Petroleum Exporting Countries (OPEC) nations faced criticisms for

announcing a supply cut in Dec 2018.

• Key benchmark indices S&P BSE Sensex and Nifty 50 increased 0.95%

and 0.96% to close at 35,144.49 and 10,582.50, respectively. S&P BSE

Mid‐Cap and S&P BSE Small Cap gained 0.31% and 0.20%, respectively.

• The overall market breadth on BSE was weak with 1,301 scrips

advancing and 1,323 scrips declining. A total of 136 scrips remained

unchanged.

• On the BSE sectoral front, S&P BSE Energy was the major gainer, up

1.91%, followed by S&P BSE Oil & Gas and S&P BSE Capital Goods, up

1.8% and 1.25%, respectively. S&P BSE Bankex and S&P BSE Auto gained

1.01% and 0.93%, respectively. The major loser was S&P BSE Healthcare,

down 0.81%, followed by S&P BSE Realty and S&P BSE Consumer

Durables, down 0.59% and 0.04%, respectively.

• Niti Aayog has sought more time to analyse and recalculate the back‐

series data of Gross Domestic Product (GDP) of the country. This means it

would now be released by the e nd of Dec 2018. The earlier internal

deadline was of Nov for the revised estimates of GDP g rowth from 2004–

2005 to 2011‐2012 and the release date was Nov 12, 2018. The

government had in Jan 2015 decided to change the base year of 2004‐05

for national accounts to new base year of 2011‐12. The Central Statistics

Office (CSO) subsequently removed GDP at factor cost in the new series

and adopted global practices of valuing industry‐wise estimates as gross

value added at current or basic prices.

• India is backing liberalised regulations to promote services trade with

15 other countries including China under the Regional Comprehensive

Economic Partnership (RCEP). India wants a balanced pact with these

nations. Services sector accounts for around 55% of the country’s GDP,

said the commerce and industry ministry said. Trade ministers of 16

members of RCEP w ill meet in Singapore on N ov 14, 2018. The Indian

Prime Minister is participating in the event.

• Four Indian seed companies have featured in top 10 of the first ever

“Access to Seeds Index for South and Southeast Asia” study. This makes

India a major seed hub in Asia.

• Prime Minister’s revamped crop insurance scheme, launched in Jan

2016, the Pradhan Mantri Fasal Bima Yojana (PMFBY) has seen only

0.42% increase in number of farmers covered by crop insurance. At the

same time, premiums paid to insurance companies have increased 350%,

according to data from Ministry of Agriculture and Farmer’s Welfare, said

a media report.

• Asian equity markets were mostly lower as weakness in technology

companies in the U.S. spilled over to the region. This overshadowed the

positive effect of reports that China and the U.S. have resumed high

levels talks on the trade front. U.S. President and Chinese President are

scheduled to meet later in Nov 2018. Today (as of Nov 14) , Asian markets

opened on a mixed note following volatile trading session on the Wall

Street overnight. While Nikkei was trading higher 0.43%, Hang Seng was

down 0.37% (as at 8 a.m. IST).

• As per the last close, European markets mostly rose on reports of

progress in the Brexit negotiations and the continuation of trade talks

between the U.S. and China. However, market participants were cautious

ahead of Tuesday’s deadline for the Italian government to submit a

revised 2019 budget to the European Commission.

• As per the last close, U.S markets mostly fell after a volatile trading

session. Market participants continued to express uncertainty about the

global economic outlook and the impact of rise in interest rates by the

U.S. Federal Reserve go ing forward.

MarketsforYou

FIIDerivativeTradeStatistics 13‐Nov

(RsCr) Buy Sell OpenInt.

IndexFutures 2776.41 2945.24 30822.02

IndexOptions 72473.58 72464.83 70626.35

StockFutures 12247.74 12394.59 80479.60

StockOptions 6290.32 6273.31 8751.24

Total 93788.05 94077.97 190679.21

13‐Nov Prev_Day Change

PutCallRatio(OI) 1.60 1.51 0.09

IndianDebtMarket

PutCallRatio(Vol) 0.98 1.02 ‐0.05

13‐Nov Wk.Ago Mth.Ago YearAgo

CallRate 6.42% 6.43% 6.42% 5.91%

CBLO 6.38% 6.39% 4.86% 5.89%

Repo 6.50% 6.50% 6.50% 6.00%

ReverseRepo 6.25% 6.25% 6.25% 5.75%

91DayT‐Bill 6.90% 6.93% 6.87% 6.09%

364DayT‐Bill 7.37% 7.42% 7.51% 6.24%

10YearGilt 7.76% 7.80% 7.98% 6.97%

G‐SecVol.(Rs.Cr) 36494 15785 35220 31175

CurrencyMarketUpdate

FBILMIBOR 6.60% 6.50% 6.49% 6.00%

3MonthCPRate 8.45% 8.55% 7.75% 6.74%

5YearCorpBond 8.56% 8.58% 8.86% 7.63%

1MonthCDRate 6.99% 7.02% 6.82% 6.06%

3MonthCDRate 7.69% 7.63% 7.14% 6.20%

1YearCDRate 8.29% 8.34% 8.42% 6.60%

CommodityMarketUpdate

Currency 13‐Nov Prev_Day Change

USD/INR 72.59 72.91 ‐0.32

GBP/INR 93.49 93.99 ‐0.50

EURO/INR 81.61 82.43 ‐0.82

InternationalNews

JPY/INR 0.64 0.64 0.00

Commodity 13‐Nov WkAgo Mth.Ago YearAgo

NYMEXCrude($/bl) 55.58 62.11 71.36 56.72

BrentCrude($/bl) 64.54 69.73 81.05 63.43

Gold($/oz) 1202 1226 1218 1278

Gold(Rs./10gm) 30898 31773 31565 29514

Source:ThomsonReutersEikon

MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.

14November2018

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DerivativeStatistics‐NiftyOptions



Disclaimer:

DerivativesMarket

DebtWatch

CurrencyMarket

CommodityPrices

• Nifty Nov 2018 Futures settled at 10,615.95, a premium of 33.45

points, above the spot closing of 10,582.50. The turnover on NSE’s

Futures a nd Options segment improved to Rs. 7,36,361.70 on Nov 13

compared with R s. 5,71,569.46 on Nov 12.

•ThePut‐Call ratio stood at 0.90 compared with the previous session’s

close of 1.04.

•TheNiftyPut‐Call ratio stood at 1.60 compared with the previous

session’s close of 1 .51.

• Open interest on Nifty Futures stood at 25.26 million as against the

previous session’s close at 25.37 million.

• Bond yield eased as crude oil prices plunged and retail inflation came in

lower‐than‐expected at 3.31% in Oct 2018. This sparked hopes that the

Monetary Policy Committee would keep the interest rate unchanged,

which improved market sentiment.

• Yield on the 10‐year benchmark paper (7.17% GS 2028) decreased 4

bps to 7.76% compared with the previous close of 7.80% after trading in

the r ange of 7.76% to 7.78%.

• Banks’ borrowings under the repo window of the Liquidity Adjustment

Facility (LAF) stood at Rs. 3,856 crore (gross) on Nov 13 c ompared with a

borrowing of Rs. 6,343 crore (gross) on Nov 12. Sale of securities under

the Reserve Bank of India’s (RBI) reverse repo window stood at Rs.

13,839 crore on Nov 12.

• Banks borrowed Rs. 745 crore under the central bank’s Marginal

Standing Facility on Nov 12 compared with borrowing of Rs. 1,261 crore

on Nov 9.

• The Indian rupee improved against the greenback as crude oil prices

lowered and renewed trade discussions between U.S. and China. The

rupee closed at 72.67 a dollar, up 0.31% compared with the previous

close of 72.89.

• The euro edged up as the growth in dollar slowed and came to a

standstill, triggering market participants to return to the currency bloc.

The euro was last seen trading at 1.1248 a dollar, up 0.28% compared

with the previous close of 1.1217.

• Gold prices weakened against the greenback due to the strength in the

latter on expectations of rise in interest rates.

• Brent crude prices moved down after the U.S. President’s comment

hoping that Saudi Arabia and other OPEC members would not be

trimming crude output.

• According to University of Michigan’s preliminary report, consumer

sentiment i n the U.S. declined a t ad in Nov 2018. The report said the

consumer sentiment index declined to 98.3 in Nov 2018 from the final

Oct 2018 reading of 98.6. The report also showed current economic

conditions index increased to 113.2 in Nov 2018 from 113.1 in Oct 2018

and the index of consumer expectations declined to 88.7 from 89.3.

• Office for National Statistics preliminary data showed U.K.

unemployment rate increased a t ad in the three months ended Sep 2018

to 4.1%. In the past two months, the ILO jobless rate was steady at 4%,

the lowest level since early 1975. The number of unemployed increased

by 21,000 persons from t he previous period to 1.38 million.

MarketsforYou

Thank you for

your time.