15Oct2018
MarketsforYou
GlobalIndices
GlobalIndices 12‐Oct Prev_Day Abs.Change
%Change
#
DowJones 25,340 25,053 287 1.15
Nasdaq 7,497 7,329 168 2.29
FTSE 6,996 7,007 ‐11 ‐0.16
Nikkei 22,695 22,591 104 0.46
HangSeng 25,801 25,266 535 2.12
IndianIndices 12‐Oct Prev_Day Abs.Change
%Change
#
S&PBSESensex 34,734 34,001 732 2.15
Nifty50 10,473 10,235 238 2.32
Nifty100 10,671 10,432 239 2.29
NiftyBank 25,396 24,784 612 2.47
SGXNifty 10,508 10,351 157 1.51
S&PBSEPower 1 ,947 1,896 52 2.73
S&PBSESmallCap 14,159 13,800 359 2.60
S&PBSEHC 14,455 14,350 105 0.73
Date P/E Div.Yield P/E Div.Yield
12‐Oct 22.52 1.28 25.33 1.28
MonthAgo 24.43 1.17 27.64 1.18
YearAgo 24.08 1.20 26.22 1.13
Nifty50Top3Gainers
Company 12‐Oct Prev_Day
%Change
#
EicherMotors 23904 22357 6.92
Maruti 7287 6876 5.99
BajajFinance 2287 2162 5.79
Nifty50Top3Losers DomesticNews
Company 12‐Oct Prev_Day
%Change
#
TCS 1918 1980 ‐3.11
HCLTech 985 1009 ‐2.36
Dr.Reddy 2451 2459 ‐0.35
AdvanceDeclineRatio
BSE NSE
Advances 2074 1538
Declines 609 313
Unchanged 135 83
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐30765
MFFlows** 98215
*12
th
Oct2018;**11
th
Oct2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
3.77%
(Sep‐18)
3.28%
(Sep‐17)
IIP
4.30%
(Aug‐18)
4.80%
(Aug‐17)
GDP
8.20%
(Jun‐18)
5.60%
(Jun‐17)
15October2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
3.80%
(May‐18)
7.70%
(Mar‐18)
QuarterAgo
Inflow/Outflow
1354
‐2755
4.92%
(Jun‐18)
• Government data showed that growth of India’s Consumer Price Index
(CPI)‐based inflation or retail inflation grew to 3.77% in Se p 2018 from
3.69% in Aug 2018 and 3.28% in Sep 2017. The increase came on the back
of increase in inflation in food and beverages that surged to 1.08% in Sep
2018 from 0.85% in Aug 2018 due to inflation growth in cereals. Inflation
in Pan, tobacco and intoxicants surged to 5.57% in Sep as against 5.34% in
Aug. Inflation in fuel and light remained steady at 8.47% in Sep 2018 as
against Aug 2018.
• Government data showed that the growth of Index of Industrial
Production (IIP) slowe d to 4.3% in Aug 2018 from a revised 6.5% ( 6.6%
originally reported) in the previous month. This marked a 3‐month low. In
the year‐ago p eriod, IIP had grown 4 .8%. For t he period Apr to Aug 2018,
IIP grew 5.2% as against 2.3% in the same period of the previous year.
The manufacturing sector grew 4.6% in Aug 2018 as against a growth of
3.8% in the same month of the previous year.
• According to a data released by Society of Indian Automobile
Manufacturers (SIAM), passenger vehicle (PV) sales fell 5.61% to 2,92,658
units in Sep 2018 from 3,10,041 units in Sep 2017. Domestic car sales also
fell 5.57% to 1,97,124 units as against 2,08,742 units in Sep 2017.
Meanwhile, the domestic passenger vehicle sales grew 6.88% to
17,44,305 units in the first half of FY19 as against 16,32,006 units in the
first half of FY18.
• The government has increased basic customs duty on many telecom
equipment and put duties on printed circuit boards used to make the
equipment. This is being done to limit non‐essential imports to address
the current account deficit situation and boost ‘Make in India’. Many
telecom products that had zero duty would now carry 10%.
MarketsforYou
•Asianequitymarketsmadeupforthepreviousday’slossesafter
China’sexportsinSepshowedahealthygrowthinspiteofthetrade
dispute. Also, media reports said China has not been accused of currency
manipulation in an internal report of the U.S. Treasury department, which
relieved investors. Today (as of Oct 15), Asian markets opened lower
despite sharp gains o n the Wall Street overnight. Both Nikkei and Hang
Seng were trading lower 1.32% and 1.27%, respectively (as at 8 a.m. IST).
• As per the last close, European markets rose during most part of the
session but closed on a slight negative note at the end. Initially, market
rose on bargain hunting at reduced prices but investors remain uncertain
about bottoming of the market.
• As per the last close, U.S markets rose notably as strong Chinese trade
data helped minimize concerns over slowing global growth. In Sep 2018,
Chinese exports witnessed double‐digit annual growth. Also bargain
hunting on the last trading day after falling in the previous session,
further supported the market.
• Indian equity markets bounced back, making up for the previous day’s
loss and gaining handsomely. The rebound came on the back of global
markets’ recovery from the previous day’s heavy sell‐off. Also, the rupee
went up a tad.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 2.15% and
2.32% to close at 34,733.58 and 10,472.50, respectively. S&P BSE Mid‐
Cap and S&P BSE Small Cap gained 2.42% and 2.60%, respectively.
• The overall market breadth on BSE was strong with 2074 scrips
advancing and 609 scrips declining. A total of 135 scrips remained
unchanged.
• On the BSE sectoral front S&P BSE Auto was the major gainer, up 4.01%,
followed by S&P BSE Metal and S&P BSE Realty, up 3.83% and 3.53%,
respectively. S&P BSE Consumer Discretionary Goods & Services and S&P
BSE Energy 3.41% and 3.39%, r espectively. Only two sectors lost, namely
S&P BSE Information Technology (0.79%) and S&P BSE Teck (0.5%). Auto
sector gained as Society of Indian Automobile Man ufacturers data
showed passenger vehicle sales increased almost 7% in the first half of
FY19.
FIIDerivativeTradeStatistics 12‐Oct
(RsCr) Buy Sell OpenInt.
IndexFutures 5968.88 7112.25 22003.75
IndexOptions 225895.29 224260.37 75655.12
StockFutures 19852.37 19625.33 83036.47
StockOptions 8695.80 8681.14 7642. 60
Total 260412.34 259679.09 188337.94
12‐Oct Prev_Day Change
PutCallRatio(OI) 1.21 1.08 0.13
IndianDebtMarket
PutCallRatio(Vol) 0.88 0.81 0.07
12‐Oct Wk.Ago Mth.Ago YearAgo
CallRate 6.42% 6.41% 6.45% 5.84%
CBLO 4.86% 6.12% 6.32% 5.78%
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayT‐Bill 6.87% 6.85% 7.09% 6.06%
364DayT‐Bill 7. 51% 7.55% 7.66% 6.19%
10YearGilt 7.98% 8.02% 8.13% 6.75%
G‐SecVol.(Rs.Cr) 35220 42133 41095 20688
CurrencyMarketUpdate
FBILMIBOR 6.49% 6.50% 6.59% 6.00%
3MonthCPRate 7.75% 8.35% 7.95% 6.75%
5YearCorpBond 8.84% 8.91% 8.91% 7.53%
1MonthCDRate 6.82% 7.11% 7.12% 6.05%
3MonthCDRate 7.14% 7.42% 7.25% 6.18%
1YearCDRate 8.42% 8.52% 8.39% 6.60%
CommodityMarketUpdate
Currency 12‐Oct Prev_Day Change
USD/INR 73.80 74.39 ‐0.59
GBP/INR 97.65 98.30 ‐0.64
EURO/INR 85.55 85.90 ‐0.35
InternationalNews
JPY/INR 0.66 0.66 ‐0.01
Commodity 12‐Oct WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 71.36 74.21 70. 32 50.56
BrentCrude($/bl) 81.05 85.16 79.96 55.67
Gold($/oz) 1218 1202 1205 1293
Gold(Rs./10gm) 31565 31216 30478 29732
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
15October2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Bond yield saw a marginal fall due to the weekly auction that brought
fresh supply and the decline in crude oil p rices. The market now awaits
the retail inflation data to take further cues.
• Yield on t he 10‐year benchmark paper (7.17% GS 2028) reduced 1 bps
to 7.98% compared with the previous closing of 7. 99% after trading in
the range of 7.96% to 8.01%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 7,128 crore (gross) on Oct 12 compared w ith a
borrowing o f Rs. 3,909 crore (gross) o n Oct 11. Sale of sec urities under
the Reserve Bank of India’s (RBI) reverse repo window stood at Rs.
15,559 crore on Oct 11.
• Banks borrowed Rs. 350 cr ore under the central bank’s Marginal
Standing Facility on Oct 11 compared with borrowing of Rs. 457 crore on
Oct 10.
• A report from the Labor Department showed that U.S. consumer price
index inched up 0.1% in Sep 2018 as against an increase of 0.2% in Aug
2018. Prices for shelter edged up by 0.2%. Also, prices for apparel, motor
vehicle insurance, recreation, and airline fares also rose.
• A report from the Ministry of Economy, Trade and Industry showed
that Japan’s tertiary industry activity gained 0.5% MoM in Aug 2018 as
against a decline of 0.1% in Jul 2018. Tertiary activity growth improved to
1.3% on a yearly basis in Aug 2018 from 0.9% in Jul 2018.
MarketsforYou
• Nifty Oct 2018 Futures settled at 10,486.55, a premium of 14.05 points,
above the spot closing of 10,472. 50. The turnover on N SE’s Futures a nd
Options segment plunged t o Rs. 6,34,995.10 on Oct 12 compared with Rs.
19,94,265.04 on Oct 11.
•ThePut‐Call ratio stood at 0.80, compared with the previous session’s
close of 0.78.
•TheNiftyPut‐Call ratio stood at 1.21 compared with the previous
session’s close of 1.08.
• Open interest on Nifty Futures stood at 21.50 million as against the
previous session’s close at 21.92 million.
• The Indian rupee r ose for the third session supported by further decline
in crude oil prices. Optimism that the government would undertake
supportive measures to control the expanding current account deficit also
aided the local currency. The rupee closed at 73.56 a dollar from the
previous close of 74.12.
• The euro edged lower after the ECB president toned down his stance on
inflation from a strong increase to a steady rise. The euro was last seen
trading at 1.1574 a dollar compared with the previous close of 1.1593.
• Gold prices declined amid rebound in the global equity market,
particularly in Asia and Europe.
• Brent crude prices declined after the IEA, IMF and OPEC lowered the
demand outlook for oil.
Thank you for
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