GlobalIndices 15Oct Prev_Day Abs.Change
DowJones 25,251 25,340 89 0.35
Nasdaq 7,431 7,497 66 0.88
FTSE 7,029 6,996 33 0.48
Nikkei 22,271 22,695 423 1.87
HangSeng 25,445 25,801 356 1.38
IndianIndices 15Oct Prev_Day Abs.Change
S&PBSESensex 34,865 34,734 132 0.38
Nifty50 10,513 10,473 40 0.38
Nifty100 10,713 10,671 41 0.39
NiftyBank 25,388 25,396 8 0.03
SGXNifty 10,531 10,508 24 0.22
S&PBSEPower 1 ,962 1,947 15 0.76
S&PBSESmallCap 14,353 14,159 194 1.37
S&PBSEHC 14,775 14,455 320 2.22
Date P/E Div.Yield P/E Div.Yield
15Oct 22.28 1.29 25.42 1.28
MonthAgo 24.64 1.16 28.00 1.16
YearAgo 24.33 1.19 26.41 1.12
Company 15Oct Prev_Day
Lupin 887 846 4.79
Dr.Reddy 2567 2451 4.75
Cipla 648 623 4.01
Nifty50Top3Losers DomesticNews
Company 15Oct Prev_Day
BajajFinserv 5634 5814 3.08
HUL 1526 1570 2.76
HPCL 213 218 2.70
Advances 1634 1251
Declines 976 582
Unchanged 175 85
Description(Cr) YTD
FIIFlows* 31873
MFFlows** 98215
YoY(%) Current YearAgo
Sensex Nifty
Government data showed that India’s Wholesale Price Indexbased
inflation (WPI) increased to 5.13% in Sep 2018 from 4.53% in Aug 2018.
Wholesale price inflation was at 3.14% in Sep 2017. Inflation in potato
increased 80.13% as against an increase of 71.89% in Aug 2018. Inflation
in wheat and cereals increased to 8.87% and 5.54% from 8.39% and
5.05%, respectively. The WPI Food Index came in at 0.14% in Se p from
2.25% in Aug 2018.
According to media reports, India’s trade deficit in Sep 2018 fell to
$13.98 billion as against $17.39 billion in Aug 2018. Exports decreased
2.2% wh ile imports increased 10.5%. For the six months ended Se p 2018,
trade deficit stoo d at $94.32 billion, exports rose 12.5% and imports
increased 16.2%.
Diesel prices have gone up for the 10th straight day on Oct 15, 2018,
which has offset the Rs. 2.50 per litre cut in rates announced at the
beginning of the month. The government had cut excise duty on petrol
and diesel by Rs 1.50 per litre and asked oil companies to provide subsidy
of another Rs. 1 per litre. D iesel prices w ere raised by 8 p aise per litre.
The corporate affairs ministry said competition law would be designed
to remove high entry barriers. These reforms would provide easy access
to those being hurt by anticompetitive conduct. Corporate affairs
secretary said competition law should be demystified by hardwiring the
principles into business philosophy and government policy framework.
The National Highway Authority of India (NHAI) may i nvite bi ds for civil
works for the satellite town ring road (STRR) project by M ar 2018. NHAI
targets to take possession of fourfifths of the land needed for first phase
of the project by Mar. The total STRR project involves a 367 km around
Bengaluru that w ill connect the eight major satellite towns. Of t his, NHAI
will build 240km expressway.
Asian equity markets remained low because of global trade worries and
concerns over higher U.S. interest rates. Problems between the U.S. and
Saudi Arabia over the disappearance of an important Saudi journalist
weighed sentiment down. Also, investors remained cautious ahead of a
European Union summit and the release of Federal Open Market
Committee's (FOMC) Sep 2018 meeting minutes and a series of Chinese
data in the week. Today (as of Oct 16), Asian markets opened higher
following positive close on the Wall Street overnight. Both Nikkei and
Hang Seng were trading higher 0.22% and 0.56%, respectively (as at 8
a.m. IST).
As per the last close, European markets ended majorly on a positive
note after hovering between gains and losses during the session.
Concerns over Brexit progress and rise in bond U.S. treasury yields kept
investors’ appetite limited.
session. Market fell following weaker than expected U.S. retail sales
growth in Sep 2018.
Indian equity market gained as investors resorted to value buying in the
pharma and information technology sectors. Gains were restricted on
concerns over rising oil prices, weakening rupee and rising inflation. Asian
cues were weak too as ChinaU.S. trade dispute, a possible slowdown in
the Chinese economy and higher U.S. borrowing costs dampened
Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.38% each
to close at 34,865.10 and 10,512.50, respectively. S&P BSE MidCap and
S&P BSE Small Cap grew 0.62% and 1.37%, respectively.
T he overall market breadth on BSE was strong with 1634 scrips
advancing and 976 scrips declining. A total of 175 scrips remained
On the BSE sectoral front, S&P BSE Healthcare stood as the major
gainer, up 2.22% followed by S&P BSE Information Technology that grew
2.71%. S&P BSE Teck and S&P BSE Telecom grew 1.96% and 1.09%,
respectively. S&P BSE Consumer Durables and S&P BSE Auto were the
major losers, down 1.21% and 0.46%.
FIIDerivativeTradeStatistics 15Oct
(RsCr) Buy Sell OpenInt.
IndexFutures 4885.65 4356.99 22235.90
IndexOptions 70586.41 69325.66 79867.09
StockFutures 15725.44 15200.54 84737.64
StockOptions 7805.88 8025.15 8553.57
Total 99003.38 96908.34 195394.20
15Oct Prev_Day Change
PutCallRatio(OI) 1.20 1.21 0.00
PutCallRatio(Vol) 0.80 0.88 0.09
15Oct Wk.Ago Mth.Ago YearAgo
CallRate 6.32% 6.40% 6.43% 5.83%
CBLO 6.16% 6.13% 5.57% 5.14%
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayTBill 6.85% 6.85% 7.05% 6.00%
364DayTBill 7.50% 7.50% 7.65% 6.18%
10YearGilt 7.92% 7.97% 8.13% 6.73%
GSecVol.(Rs.Cr) 21354 36438 32969 56503
FBILMIBOR 6.50% 6.48% 6.50% 5.93%
3MonthCPRate 7.80% 7.85% 7.95% 6.74%
5YearCorpBond 8.81% 8.86% 8.93% 7.49%
1MonthCDRate 6.82% 6.85% 6.99% 6.05%
3MonthCDRate 7.14% 7.03% 7.40% 6.18%
1YearCDRate 8.42% 8.38% 8.40% 6.59%
Currency 15Oct Prev_Day Change
USD/INR 73.97 73.80 0.17
GBP/INR 97.08 97.65 0.57
EURO/INR 85.49 85.55 0.07
JPY/INR 0.66 0.66 0.00
Commodity 15Oct WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 71.79 74.22 68.93 51.38
BrentCrude($/bl) 81.50 84.56 77. 81 55.95
Gold($/oz) 1227 1188 1193 1304
Gold(Rs./10gm) 31892 31156 30558 29675
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Bond yield eased as inflation came in at 3 .77%, w hich is lower than the
central bank’s expectation of 4%. This alleviated concerns over future
interest rate hikes in the country.
Yield on the 10year benchmark paper (7.17% GS 2028) reduced 6 bps
to 7.92% compared with the previous closing of 7.98% after trading in
the range of 7.92% to 7.98%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 19,722 crore (gross) on Oct 15 c ompared with a
borrowing of Rs. 7,128 crore (gross) on Oct 12. S ale of securities under
the Reserve Bank of India’s (RBI) reverse repo window stood at Rs.
38,912 crore on Oct 12.
Banks borrowed Rs. 1,215 crore under the central bank’s Marginal
Standing Facility on Oct 12 compared with borrowing of Rs. 350 c rore on
Oct 11.
Preliminary figures the Federal Statistical Office showed that German
manufacturers added more employees during Aug compared to the
same period of the previous year. The number of e mployees in the
manufacturing units with 50 or more persons grew by about 149,000
persons or 2.7% from the same period last year to 5.7 million.
Business inventories in U.S. rose by 0.5% in Aug 2018 after climbing by
an upwardly revised 0.7% (0.6% originally reported) in Jul 2018.
Nifty Oct 2018 Futures settled at 10,517.45, a premium of 44 .95 points,
above the spot closing of 10,512.50. The turnover on NSE’s Futures and
Options segment increased to Rs. 6,92,766.23 on Oct 15 compared with
Rs. 6,34,995.10 on Oct 12.
•ThePutCall ratio stood at 0.79, compared with the previous session’s
close of 0.80.
•TheNiftyPutCall ratio stood at 1.20 compared with the previous
session’s close of 1.21.
Open interest on Nifty Futures stood at 22.05 million as against the
previous session’s close at 21.50 million.
The Indian rupee declined following high greenback demand from
importers with the recovery in oil prices. However, losses were capped on
reports of narrowing trade deficit with decreased to a fivemonth low in
Sep. The rupee closed at 73.83 a dollar from the previous close of 73.56.
flat. The euro’s movement will get impacted by the Italian government’s
2019 budget. The euro was last seen trading at 1.1583 a dollar compared
with the previous close of 1.1562.
Gold prices increased as the Asian and European equity market slid
after a rebound in the previous session.
Brent crude prices surged following the news of disappearance of a
wellknown Saudi journalist that triggered geopolitical tension between
U.S. and Saudi Arabia.
Thank you for
your time.