19Oct2018
MarketsforYou
GlobalIndices
GlobalIndices 18‐Oct Prev_Day Abs.Change
%Change
#
DowJones 25,379 25,798 ‐419 ‐1.62
Nasdaq 7,485 7,645 ‐160 ‐2.10
FTSE 7,027 7,059 ‐32 ‐0.46
Nikkei 22,658 22,841 ‐183 ‐0.80
HangSeng 25,455 25,462 ‐8 ‐0.03
IndianIndices 17‐Oct Prev_Day Abs.Change
%Change
#
S&PBSESensex 34,780 35,162 ‐383 ‐1.09
Nifty50 10,453 10,585 ‐132 ‐1.24
Nifty100 10,649 10,796 ‐147 ‐1.37
NiftyBank 25,189 25,590 ‐401 ‐1.57
SGXNifty 10,527 10,605 ‐78 ‐0.73
S&PBSEPower 1,952 1,977 ‐25 ‐1.25
S&PBSESmallCap 14,271 14,594 ‐323 ‐2.21
S&PBSEHC 14,640 14,873 ‐232 ‐1.56
Date P/E Div.Yield P/E Div.Yield
17‐Oct 22.40 1.28 25.19 1.29
MonthAgo 24.05 1.19 27.66 1.18
YearAgo 24.27 1.19 26.52 1.12
Nifty50Top3Gainers
Company 17‐Oct Prev_Day
%Change
#
HCLTech 1024 1003 2.08
Infosys 705 695 1.45
ITC 286 283 1.34
Nifty50Top3Losers DomesticNews
Company 17‐Oct Prev_Day
%Change
#
IndiabullsHFC 789 907 ‐13.08
BajajFinance 2151 2309 ‐6.86
YesBank 232 249 ‐6.83
AdvanceDeclineRatio
BSE NSE
Advances 672 406
Declines 1938 1425
Unchanged 135 79
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐32956
MFFlows** 99422
*17
th
Oct2018;**15
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)
19October2018
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
271
‐1082
4.92%
(Jun‐18)
• Indian equity market declined after three days of gain as the rupee
again weakened against the dollar and crude oil prices went up. Also,
non‐banking financial companies (NBFC) were badly hit on news that one
leading NBFC is exposed to high debt default risk.
• Key benchmark indices S&P BSE Se nsex and Nifty 50 lost 1.09% and
1.24% to close at 34,779.58 and 10,453.05, respectively. S&P BSE Mid‐
Cap and S&P BSE Small Cap decreased 2.23% and 2.21%, respectively.
• On the BSE sectoral front, only S&P BSE Fast Moving Consumer Goods
(0.11%) gained, while S&P BSE Information Technology was almost
unchanged. The major loser was S&P BSE Realty, down 3.17%, followed
by S&P BSE Auto and S&P BSE Oil & Gas, down 3% and 2.42%,
respectively. S&P BSE Industrials and S&P BSE S&P BSE Consumer
Discretionary Goods & Services were down 2.29% and 2.23%,
respectively. The realty sector was hit as investors panicked over media
reports that a leading housing finance company could be exposed to high
debt default risk.
• The Reserve Bank of India (RBI) has released operational guidelines to
facilitate payme nts among prepaid instruments (PPI) such as mobile
wallets. The move aims at promoting digital transactions. Besides
elaborating the needs to achieve the inter‐operability for mobile wallets
and cards, the guidelines elaborates the norms for customer protection
and grievance redressal. According to the guidelines, inter‐operability
among mobile wallets, and between bank account and e‐wallet would be
enabled through the Unified Payments Interface (UPI) system.
Meanwhile, if the PPIs are iss ue d in the form of cards, the cards shall be
affiliated to the authorised card networks.
• The Securities and Exchange Board of India (SEBI) has issued a
framework to bring uniformity in the procedure for obtaining samples of
agricultural commodities at the exchange accredited warehouses. The
decision comes as the market regulator noted that different approaches
were being followed by the exchanges. The exchanges and clearing
corporations have been asked by the regulator to make sure that ample
samples are collected from the goods deposited and are sealed in the
presence of the depositor or authorised representative.
• ACC announced that it reported consolidated profit after tax of Rs. 209
crore for the quarter ended Sep 2018, up 15% YoY as against Rs. 182
crore in the previous year period. Consolidated n et sales grew 10% YoY to
Rs. 3,364 crore as against Rs. 3,054 crore in the year‐ago period.
• Indian Oil Corporation (IOC) announced that it will invest approximately
Rs. 8 billion in a greenfield ethanol plant in Gorakhpur district of Uttar
Pradesh. The proposal to give 50 acres of the defunct Dhuriapar
cooperative mill in Gorakhpur on 30 years lease to IOC for setting up the
ethanol unit has been approved by the state cabinet.
3.1% YoY to Rs. 907.4 crore for the quarter ended Sep 30, 2018.
• ABB has received a contract from Diesel Locomotive Works, Varanasi,
ABB worth Rs. 115 crore for the supply of traction transformers.
• Asian equity markets were mostly low because of worries over a
slowdown in the Chinese economy and rising U.S. interest rates. U.S.
Federal Reserve’s meeting minutes showed that the bank is all in favour
of rising interest rates as the economy is robust. Also, Treasury yields
have continued their upward trend. China saw heavy sell‐off on weak
economic data and yuan getting weak. Today (as of Oct 19), Asian
markets opened lower following decline on the Wall Street overnight.
Both Nikkei and Hang Seng were trading lower 1.49% and 0.68%,
respectively (as at 8 a.m. IST).
• As per the last close, European markets fell after European Union
leaders cancelled plans for a special summit to complete the Brexit deal
over the coming w eeks. Market participants remain in a cautious mood
due to persistent concerns over global trade.
• As per the last close, U.S markets declined notably after U.S. Treasury
Secretary announced to not attend an upcoming investment conference
in Saudi Arabia. Lingering concerns about the outlook for U.S. interest
rates also weighed on the markets.
MarketsforYou
FIIDerivativeTradeStatistics 17‐Oct
(RsCr) Buy Sell OpenInt.
IndexFutures 2710.19 2523.88 22358.88
IndexOptions 97284.06 95806.16 86041.12
StockFutures 12013.78 11695.34 85587.24
StockOptions 7477.41 7310.84 9571.43
Total 119485.44 117336.22 203558.67
17‐Oct Prev_Day Change
PutCallRatio(OI) 1.11 1.24 ‐0.13
IndianDebtMarket
PutCallRatio(Vol) 0.94 0.94 0.00
17‐Oct Wk.Ago Mth.Ago YearAgo
CallRate 6.58% 6.45% 6.58% 5.99%
CBLO 6.51% 6.35% 6.54% 6.02%
Repo 6.50% 6.50% 6.50% 6.00%
ReverseRepo 6.25% 6.25% 6.25% 5.75%
91DayT‐Bill 6.93% 6. 90% 7.03% 6.10%
364DayT‐Bill 7. 47% 7.52% 7.63% 6.19%
10YearGilt 7.91% 8.03% 8.10% 6.76%
G‐SecVol.(Rs.Cr) 22510 35386 36157 22788
CurrencyMarketUpdate
FBILMIBOR 6.60% 6.51% 6.60% 6.10%
3MonthCPRate 7.90% 7.80% 8.00% 6.71%
5YearCorpBond 8.84% 8.84% 8.88% 7.48%
1MonthCDRate 6.99% 6.82% 7.11% 6.05%
3MonthCDRate 8.23% 7.04% 7.48% 6.19%
1YearCDRate 8.38% 8.45% 8.38% 6.59%
CommodityMarketUpdate
Currency 17‐Oct Prev_Day Change
USD/INR 73.48 73.90 ‐0.42
GBP/INR 96.87 97.33 ‐0.46
EURO/INR 84.98 85.58 ‐0.60
InternationalNews
JPY/INR 0.65 0.66 0.00
Commodity 18‐Oct WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 68.58 73.13 68.81 51.82
BrentCrude($/bl) 81.09 84.16 78.16 56.72
Gold($/oz) 1225 1194 1201 1285
Gold(Rs./10gm)* 31722 31021 30614 29671
Source:ThomsonReutersEikon;*Ason17‐Oct‐18
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
19October2018
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DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Oct 2018 Futures settled at 10,443.95, a discount of 9.10 points,
below the spot closing of 10,453.05. The turnover on NSE’s Futures and
Options segment increased to Rs. 20,89,715.01 on Oct 17 compared with
Rs. 8,07,280.15 on Oct 16.
•ThePut‐Call ratio stood at 0.87, compared with the previous session’s
close of 0.88.
•TheNiftyPut‐Call ratio stood at 1.11 compared with the previous
session’s close of 1.24.
• O p en interest on Nifty Futures st ood at 22.92 million as against the
previous session’s close at 22.96 million.
• Bond yield increased as market participants booked profits following
recent rise in bond prices and ahead of the weekly auction of
government securities on Friday. Losses in the Indian rupee also led to
selling in the debt market.
• Yield on the 10‐year benchmark paper (7.17% GS 2028) increased 4 bps
to 7.91% compared with the previous closing of 7.87% after trading in
the range of 7.86% to 7.93%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 16,708 crore (gross) on Oct 17 compared with a
borrowing of Rs. 7,047 crore (gross) on Oct 17. Sale of securities under
the Reserve Bank of I ndia’s ( RBI) reverse r epo window stood at Rs.
11,436 crore on Oct 16.
• The Indian rupee fell against the greenback following losses in the
domestic equity market. The rupee closed at 73.60 a dollar, 0.18% down
from the previous close of 73.46.
• The euro fell against the greenback after minutes of the U.S. Federal
Reserve monetary policy meeting held in Sep 2018 increased the
possibility of further increase in interest rates in U.S. moving forward.
The euro was last seen trading at 1.1488 a dollar, down 0.10% compared
with the previous close of 1.1499.
• Gold prices traded marginally higher as the safe‐haven appeal of the
bullion, amid recent geopolitical events.
• Brent C rude prices traded lower f ollowing reports by U.S. E nergy
Information Administration showing a larger‐than‐expected build in U.S.
crude stockpiles in the week to Oct 12.
• According to the U.S. Federal Reserve’s latest monetary policy meeting
minutes, the members of central bank continued to favour a "gradual
approach" in increasing interest rates. The minutes also mentioned that
the labour market had continued to strengthen and economic activity
had been rising at a strong r ate.
• Accordi ng to the Labor Department, U.S. initial jobless cla ims in the
week ended O ct 13, 2018 decreased by 5,000 to 210,000 from the
previous week's revised level of 215,000.
• According to a report by the Commerce Department, U.S. housing
starts fell more than expected by 5.3% to an annual rate of 1.201 million
in Sep 2018 after rising 7.1% to a revised rate of 1.268 million in Aug
2018.
MarketsforYou
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