GlobalIndices 16Oct Prev_Day Abs.Change
DowJones 25,798 25,251 548 2.17
Nasdaq 7,645 7,431 215 2.89
FTSE 7,059 7,029 30 0.43
Nikkei 22,549 22,271 278 1.25
HangSeng 25,462 25,445 17 0.07
IndianIndices 16Oct Prev_Day Abs.Change
S&PBSESensex 35,162 34,865 297 0.85
Nifty50 10,585 10,513 72 0.69
Nifty100 10,796 10,713 84 0.78
NiftyBank 25,590 25,388 202 0.79
SGXNifty 10,605 10,531 74 0.70
S&PBSEPower 1 ,977 1,962 15 0.75
S&PBSESmallCap 14,594 14,353 241 1.68
S&PBSEHC 14,873 14,775 97 0.66
Date P/E Div.Yield P/E Div.Yield
16Oct 22.56 1.27 25.52 1.27
MonthAgo 24.64 1.16 28.00 1.16
YearAgo 24.50 1.19 26.55 1.12
Company 16Oct Prev_Day
M&M 778 749 3.83
AdaniPorts&SEZ 333 321 3.77
TechMahindra 719 695 3.48
Nifty50Top3Losers DomesticNews
Company 16Oct Prev_Day
IndiabullsHFC 907 949 4.38
EicherMotors 23002 23435 1.84
Cipla 640 648 1.25
Advances 1795 1333
Declines 853 491
Unchanged 156 89
Description(Cr) YTD
FIIFlows* 31874
MFFlows** 99151
YoY(%) Current YearAgo
Sensex Nifty
According to a United Nations report, India at tracted $22 billio n foreign
direct investment (FDI) in the first half of 2018. Global FDI declined 41%
in the same period because of tax reforms carried out by the U.S.
administration. The report said India just about managed to find a place
in the top 10 host economies receiving the most FDI during the period.
The agriculture minister has said govern ment will take up the matter of
recording women farmers and cultivators names in land records with the
departments of revenue and land resources. The minister said 18% of the
agricultural households in the country are led by women and they play a
very important role to in the agriculture sector. Due to lack of land
ownership, women are left out of access to institutional credit, extension
services and other government entitlements including relief measures.
According to media reports, consumer goods companies fear that
belownormal monsoon in some states may affect demand as it will
impact incomes in rural areas. The ru ral income had seen robust revival in
the past three quarters. The monsoon which started with promise left
some states with below average rains.
India's crude oil imports in Sep 2018 reached $10.91 billion, an increase
of 33.6% from the yearago period. Shipments of gold to the country,
which is the world's secondbiggest buyer of the metal, increased 51.5%
in Sep 2018.
According to the Solvent Extractor Association (SEA), India's annual
edible oil imports in Sep 2018 went down 2%, while overall imports
during the 11 months from Nov 2017 to Sep 2018 declined 3.5%. Import
of vegetable oils in Sep 2018 came in at 1,491,174 tonne compared with
1,519,277 tonne in Sep 2017.
Asian equity markets ended on a mixed note as investors remained
cautious of global trade conditions and geopolitical risks in the Middle
East, while waiting on the side lines for corporate earnings outcome and
release of U.S. Federal Reserve’s meeting minutes. China’s cooling
inflation made investors worry about slowing demand in the economy.
Today (as of Oct 17), Asian markets opened higher following positive
close on the Wall Street overnight. Both Nikkei and Hang Seng were
trading higher 1.67% and 0.07%, respectively (as at 8 a.m. IST).
As per the last close, European markets went u p following positive
opening on the Wall Street. Market also gained after the release of labor
market data that showed U.K. wages grew faster than expected in Aug.
As per the last close, U.S markets rose sharply partially on positive
reaction to upbeat earnings news from several big companies. The U.S.
Federal Reserve data showed industrial production in Sep 2018 increased
in line with forecast and NA HB/Wells Fargo Housing Market Index ros e
better than expectation in Sep 2018, also supported buying interest.
Indian equity market gained for the third session in a row as investors
shrugged off global trade and geopolitical tensions to focus on corporate
earnings. A couple of financial companies have posted strong earnings.
Positive global cues and easing crude oil prices helped the sentiment.
Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.85% and
0.69% to close at 35,162.48 and 10,584.75, respectively. S&P BSE Mid
Cap and S&P BSE Small Cap grew 1.14% and 1.68%, respectively.
The overall market breadth on BSE was strong with 1795 scrips
advancing and 853 scrips declining. A total of 156 scrips remained
On the BSE sectoral front, all the sectors gained. S&P BSE Energy stood
as the major gainer, up 1.95% followed by S&P BSE Oil & Gas and S&P BSE
Realty that grew 1.84% and 1.36%, respectively. S&P BSE Industrials and
S&P BSE Capital Goods grew 1.33% and 1.28%, respectively. S&P BSE
Consumer Bankex and S&P BSE Consumer Discretionary Goods & Services
gained 1.2% and 1.08%, respectively.
FIIDerivativeTradeStatistics 16Oct
(RsCr) Buy Sell OpenInt.
IndexFutures 3282.32 4489.86 22138.14
IndexOptions 93985.01 92451.98 84062.70
StockFutures 14401.75 13927.89 84459.28
StockOptions 7125.87 7220.48 9015. 84
Total 118794.95 118090.21 199675.96
16Oct Prev_Day Change
PutCallRatio(OI) 1.24 1.20 0.04
PutCallRatio(Vol) 0.94 0.80 0. 15
16Oct Wk.Ago Mth.Ago YearAgo
CallRate 6.54% 6.39% 6.43% 6.01%
CBLO 6.47% 6.34% 5.57% 6.04%
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayTBill 6.87% 6.85% 7.05% 6.02%
364DayTBill 7.49% 7.40% 7.65% 6.18%
10YearGilt 7.87% 8.08% 8.13% 6.73%
GSecVol.(Rs.Cr) 42832 32789 32969 25855
FBILMIBOR 6.57% 6.50% 6.50% 6.01%
3MonthCPRate 7.80% 7.80% 7.95% 6.74%
5YearCorpBond 8.80% 8.96% 8.93% 7.47%
1MonthCDRate 6.88% 6.87% 6.99% 6.05%
3MonthCDRate 7.46% 7.01% 7.40% 6.19%
1YearCDRate 8.41% 8.37% 8.40% 6.59%
Currency 16Oct Prev_Day Change
USD/INR 73.90 73.97 0.07
GBP/INR 97.33 97.08 0.25
EURO/INR 85.58 85.49 0.09
JPY/INR 0.66 0.66 0.00
Commodity 16Oct WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 71.88 74.90 68. 93 51.81
BrentCrude($/bl) 80.97 85.50 77.81 56.58
Gold($/oz) 1224 1189 1193 1294
Gold(Rs./10gm) 31869 31049 30558 29868
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Bond yield eased following fall in crude oil prices and rise in rupee. This
alleviated inflationary concerns and worries over hike in interest rates,
thus lifting the market sentiment.
Yield on the 10year benchmark paper (7.17% GS 2028) reduced 5 bps
to 7.87% compared with the previous closing of 7.92% after trading in
the range of 7.87% to 7.95%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 7,047 crore (gross) on Oct 16 compared with a
borrowing of Rs. 19,722 crore (gross) on Oct 15. Sale of securities under
the Reserve Bank of India’s (RBI) reverse repo window stood at Rs.
11,236 crore on Oct 15.
Banks borrowed Rs. 6,035 crore under the central bank’s Marginal
Standing Facility on Oct 15 compared with borrowing of Rs. 1,215 crore
on Oct 12.
According to media reports, the trade surplus of euro zone rose to a
seasonally adjusted 16.6 billion in Aug 2018 from €12.6 billion in Jul
2018. Exports increased 2.1% monthly in Aug 2018 while imports
remained stable. On a yearly basis, exports grew 5.6% and imports grew
8.4% in Aug 2018.
UK unemployment rate remained at the lowest level seen since early
1975, in three months to Aug 2018. The ILO jobless rate came in at 4%
and this was in line with market expectations. The number of
unemployed decreased by 47,000 from t he previous quarter to 1.36
Nifty Oct 2018 Futures settled at 10,589.85, a premium of 5.10 points,
above the spot closing of 10,584.75. The turnover on NSE’s Futures and
Options segment increased to Rs. 8,07,280.15 on Oct 16 compared with
Rs. 6,92,766.23 on Oct 15.
•ThePutCall ratio stood at 0.88, compared with the previous session’s
close of 0.79.
•TheNiftyPutCall ratio stood at 1.24 compared with the previous
session’s close of 1.20.
Open interest on Nifty Futures stood at 22.96 million as against the
previous session’s close at 22.05 million.
The Indian rupee appreciated against the greenback as crude oil prices
and U.S. Treasury yield eased. The rupee closed at 73.46 a dollar from the
previous close of 73.83.
The euro was steady to slightly higher against the greenback due to
weak U.S. retail sales data and strong U.S. Treasury yield. However, the
Italian cabinet’s approval on the expansionary budget maintained a
downward pressure on the currency. The euro was last seen trading at
1.1581 a dollar compared with the previous close of 1.1577.
Gold prices increased on global geopolitical unrest and market volatilit
which increased the its safehaven demand.
Brent crude prices declined after the U.S. President’s remark on the
disappearance of a wellknown Saudi journalist indicated that U.S. is not
going to take any retaliatory action against the kingdom.
Thank you for
your time.