GlobalIndices 03Oct Prev_Day Abs.Change
DowJones 26,828 26,774 54 0.20
Nasdaq 8,025 8,000 26 0.32
FTSE 7,510 7,475 36 0.48
Nikkei 24,111 24,271 160 0.66
HangSeng 27,091 27,126 35 0.13
IndianIndices 03Oct Prev_Day Abs.Change
S&PBSESensex 35,976 36,526 551 1.51
Nifty50 10,858 11,008 150 1.36
Nifty100 11,046 11,197 151 1.35
NiftyBank 25,070 25,367 297 1.17
SGXNifty 10,912 11,088 176 1.59
S&PBSEPower 1,955 1,965 10 0.48
S&PBSESmallCap 14,424 14,395 29 0.20
S&PBSEHC 15,003 15,059 57 0.38
Date P/E Div.Yield P/E Div.Yield
3Oct 23.15 1.25 26.26 1.24
MonthAgo 24.76 1.15 28.16 1.16
YearAgo 23.42 1.24 25.61 1.16
Company 03Oct Prev_Day
YesBank 213 201 5.92
Hindalco 254 243 4.47
IndiabullsHFC 944 906 4.18
Nifty50Top3Losers DomesticNews
Company 03Oct Prev_Day
M&M 792 848 6.61
EicherMotors 23236 24750 6.12
BhartiInfratel 252 268 5.94
Advances 1461 1092
Declines 1215 783
Unchanged 142 57
Description(Cr) YTD
FIIFlows* 16137
MFFlows** 88093
YoY(%) Current YearAgo
Sensex Nifty
Indian Equity m arkets closed in the red due to weakness in rupee that
plungedtoanalltime low against the greenback following consistent rise
in crude oil prices. Further, auto sector remained under pressure as a few
auto majors reported disappointing vehicle sales data for Sep 2018,
thereby weighing on the market sentiment. Additionally, investors
remained cautious ahead of the fourth bimonthly monetary policy
decision meeting for FY19 between Oct 3Oct 5, 2018.
Key benchmark indices S&P BSE Sensex and Nifty 50 fell 1.51% and
1.36% to close at 35,975.63 and 10,858.25, respectively. S&P BSE Mid
Cap fell 1.11% and S&P BSE Small Cap rose 0.20%.
On the BSE sectoral front, S&P BSE Auto stood as the major loser, down
2.90% followed by S&P BSE Telecom that fell 2.84%. S&P BSE Teck and
S&P BSE Information Technology fell 2.38% and 2.23%. Auto sector
remained under pressure as some auto majors reported decline in
passenger car sales for third consecutive month in a row in Sep 2018. The
decline came on account of erratic monsoon rainfall, floods in Kerala and
unfavorable macroeconomic conditions.
The Reserve Bank of India eased overseas borrowing norms for oil
marketing companies (OMCs). Under the revised norms, all staterun
OMCs will now be able to raise external commercial borrowings (ECBs)
for working capital requirement with a minimum average maturity of
three to five years from all recognised lenders under “the automatic
route”. Presently OMCs can raise ECBs from direct or indirect
shareholders or a group company if the loan is for an average maturity of
low against the greenback. It needs to be noted that India imports 80% of
its oil requirement and OMCs are the biggest consumers of dollar in the
According to the media reports, the Union Cabinet has approved
minimum support prices (MSP) of Rabi crops. Minimum support price of
wheat has been hiked by Rs. 105 per quintal to Rs. 1,840 per quintal for
the 201819 season from Rs. 1,735 per quintal in the 201718 crop year.
The increase is in accordance with the recommendations of farm advisory
body Commission for Agricultural Costs and Prices (CACP). Also, it is in
line with the government's announcement to provide farmers a 50%
profit over the cost of production.
According to media reports, Tata Communications announced the
acquisition of Netherlandsbased Internet of Things (IoT) firm Teleena.
Teleena specialises in connectivity and mobile virtual network
According to media reports, the buildings and factories business of
Larsen & Toubro had won a Rs. 3,036crore order from Bangalore
International Airport Ltd. to construct terminal2oftheKempegowda
International Airport, Bengaluru.
According to media reports, Maruti Suzuki India Ltd, Hyundai Motor
India Ltd, Mahindra and Mahindra Ltd, Tata Motors Ltd and Honda Cars
India Ltd. together sold 237,009 units in Sep 2018. This corresponds to a
2% drop in the same month of the previous year.
Asian markets mostly traded weak as investors remained cautious over
Italy's budget spending plan and on U.S. China trade row. Slowerthan
expected Japanese services sector data further dented sentiments after
the Nikkei Service sector PMI data stood at 50.2 in Sep, down from 51.5
in Aug. Today (as of Oct 04), Asian markets opened mostly lower despite
positive close on Wall Street overnight. Both Nikkei and Hang Seng were
trading lower 0.22% and 1.33%, respectively (as at 8 a.m. IST).
As per the last close, European markets closed higher as investor’s
sentiment received a boost from easing concerns over the Italian budget.
An Italian newspaper reported that the government estimated to lower
the budget deficit, which led to fall in Italian bond yields and in turn
increased share prices of Italian banks.
As per the last close, U.S markets rose after ADB said U.S. private sector
employment rose better than expected in Sep 2018. However, g ains
restricted as the data also raised concerns about the outlook for interest
FIIDerivativeTradeStatistics 03Oct
(RsCr) Buy Sell OpenInt.
IndexFutures 5510.70 4808.39 17644.20
IndexOptions 103745.10 103787.00 57250.55
StockFutures 18196.85 17322.73 80796.66
StockOptions 6672.49 6591.32 2296. 81
Total 134125.14 132509.44 157988.22
03Oct Prev_Day Change
PutCallRatio(OI) 1.36 1.41 0.05
PutCallRatio(Vol) 0.89 0.94 0.05
03Oct Wk.Ago Mth.Ago YearAgo
CallRate 6.32% 6.45% 6.33% 5.85%
CBLO 5.88% 6.02% 6.22% 5.81%
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayTBill 7.08% 7.15% 6.79% 6.06%
364DayTBill 7. 77% 7.70% 7.32% 6.20%
10YearGilt 8.11% 8.07% 8.00% 6.65%
GSecVol.(Rs.Cr) 31813 31640 34881 33069
FBILMIBOR 6.49% 6.60% 6.50% 6.00%
3MonthCPRate 8.20% 8.40% 7.70% 6.61%
5YearCorpBond 9.03% 8.96% 8.77% 7.46%
1MonthCDRate 6.58% 7.41% 6.97% 6.08%
3MonthCDRate 7.26% 7.74% 7.27% 6.18%
1YearCDRate 8.58% 8.44% 8.04% 6.57%
Currency 03Oct Prev_Day Change
USD/INR 73.03 72.80 0.23
GBP/INR 94.99 94.88 0.11
EURO/INR 84.58 84.38 0.20
JPY/INR 0.64 0.64 0.00
Commodity 03Oct WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 76.35 71.84 69.88 50.39
BrentCrude($/bl) 85.79 82.31 77.88 56.21
Gold($/oz) 1197 1194 1200 1272
Gold(Rs./10gm) 30997 30672 30226 29434
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Nifty Oct 2018 Futures settled at 10,893.6, a premium of 35.35 points,
above the spot closing of 10,858.25. The turnover on NSE’s Futures and
Options segment went up to Rs. 11,76,210.85 on Oct 3 compared with
Rs. 7,74,323.22 on Oct 1.
•ThePutCall ratio stood at 0.77, compared with the p revious session’s
close of 0.82.
•TheNiftyPutCall ratio st ood at 1.36 compared with t he previous
session’s close of 1.41.
Open interest on Nifty Futures stood at 18.14 million as against the
previous session’s close at 17.21 million.
Bond yield rose with the surge in crude oil prices above the $85 per
barrel mark and the decline in rupee. These factors weighed down on
the market sentiments, raising concerns over widening trade deficit and
higher inflationary pressure.
•Yieldonthe10year benchmark paper (7.17% GS 2028) s urged 12 bps
to 8.11% compared with t he previous closing of 7.99% after trading in
the range of 8.02% to 8.12%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 4,116 crore (gross) on Oct 3 compared with a
borrowing of Rs. 3,793 crore (gross) on Oct 1. Sale of securities under the
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 63,873
crore on Oct 1.
Banks borrowed Rs. 1,640 crore under the central bank’s Marginal
Standing Facility on Oct 1 compared with borrowings of Rs. 4,200 crore
on Sep 28.
The Indian rupee plunged to a record low against the greenback as
global crude oil prices continued to remain at elevated levels which
weighed on the market sentiment. The rupee declined 0.59% to close at
73.34 per dollar from the previous close of 72.91.
The euro fell against the greenback after U.S. private sector jobs data
for Sep 2018 came better than market expectations. Concerns about
Italy’s budget negotiations also weighed on the common bloc currency.
The euro fell 0.17% to cl ose at 1.1526 compared to the previous close of
Reserves moving forward.
Brent crude prices moved down on persisting trade war tension
between U.S. and China and as China has hinted to stop importing of U.S.
Crude oil.
Data from payroll processor ADP showed that private sector
employment in U.S. jumped by 230,000 jobs in Sep 2018 after climbing
by an upwardly revised 168,000 jobs in Aug 2018 (163,000 jobs originally
reported for the previous month).
A report from the Eurostat showed that Eurozone’s retail sales fell
0.2% MoM in Aug 2018 as against a decline of 0.6% in Jul 2018. This
marked the second consecutive decline in a row. Food, drinks and
tobacco turnover fell 0.3% and nonfood product sales remained flat in
Aug. Growth in retail trade surged to 1.8% on yearly basis as against 1%
growth in Jul 2018.
Thank you for
your time.