FII Derivative Trade Statistics 26-Sep
(Rs Cr) Buy
Index Futures 11327.76 12121.06 27308.35
Index Options 202509.41 201903.82 93890.17
Stock Futures 38091.87 37443.14 92409.83
Stock Options 8655.38 8570.66 9573.05
Total 260584.42 260038.68 223181.40
Put Call Ratio (OI) 1.09 1.13 -0.04
Indian Debt Market
Put Call Ratio(Vol) 0.93 0.82 0.11
26-Sep Wk. Ago Mth. Ago
Call Rate 6.45% 6.60% 6.39% 5.86%
CBLO 6.02% 6.46% 6.44% 5.83%
Repo 6.50% 6.50% 6.50% 6.00%
Reverse Repo 6.25% 6.25% 6.25% 5.75%
91 Day T-Bill 7.15% 7.06% 6.80% 6.07%
364 Day T-Bill 7.70% 7.63% 7.29% 6.23%
10 Year Gilt 8.07% 8.07% 7.87% 6.67%
G-Sec Vol. (Rs.Cr) 31640 43175 31439 38324
Currency Market Update
FBIL MIBOR 6.60% 6.65% 6.55% 6.00%
3 Month CP Rate 8.40% 8.05% 7.80% 6.64%
5 Year Corp Bond 8.98% 8.91% 8.64% 7.47%
1 Month CD Rate 7.41% 7.51% 6.75% 6.12%
3 Month CD Rate 7.74% 7.51% 7.21% 6.15%
1 Year CD Rate 8.44% 8.39% 8.02% 6.56%
Commodity Market Update
Currency 26-Sep Prev_Day
USD/INR 72.72 72.81 -0.10
GBP/INR 95.77 95.50 0.27
EURO/INR 85.54 85.62 -0.09
JPY/INR 0.64 0.64 0.00
Commodity 26-Sep Wk Ago Mth. Ago
NYMEX Crude($/bl) 71.84 71.03 69.46 51.58
Brent Crude($/bl) 82.31 79.87 73.60 60.86
Gold( $/oz) 1194 1204 1206 1294
Gold(Rs./10 gm) 30672 30722 29561 30127
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent
third party sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted
that since Reliance Nippon Life Asset Management Company Limited (RNAM) has not independently verified the accuracy or authenticity of such information or data, or for that matter the
reasonableness of the assumptions upon which such data and information has been processed or arrive data; RNAM does not in any manner assures the accuracy or authenticity of such data and
information. Some of the statements & assertions contained in these materials may reflect RNAM’s views or opinions, which in turn may have been formed on the basis of such data or information.
The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy,
completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts
are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or
instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the readers are advised to seek independent
professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees,
affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the
information contained in this material.
Readers are requested to click here for ICRON disclaimer - http://www.icraonline.com/legal/standard-disclaimer.html
Derivative Statistics- Nifty Options
• Bond yield declined as market participants resorted to short covering.
The recovery in rupee, after two straight sessions of depreciation, also
helped easing the yield.
• Yield on the 10-year benchmark paper (7.17% GS 2028) declined 6 bps
to 8.07% compared with the previous closing of 8.13% after trading in
the range of 8.06% to 8.12%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,746 crore (gross) on Sep 26 compared with a
borrowing of Rs. 3,936 crore (gross) on Sep 25. Sale of securities under
the Reserve Bank of India’s (RBI) reverse repo window stood at Rs.
78,595 crore on Sep 25.
• RBI announced the sale (issue/re-issue) of 7.37% GS 2023, 7.17% GS
2028, 7.40% GS 2035 and 7.72% GS 2055 for notified amount of Rs.
12,000 crore. The auction will be conducted on Sep 28, 2018.
• According to report by the Conference Board, U.S. consumer
confidence index unexpectedly rose to 138.4 in Sep 2018, 18-year high,
from an upwardly revised 134.7 in Aug 2018. The unexpected
improvement in consumer confidence brought optimism about the
short-term outlook that improved significantly, thus the expectations
index rose to 115.3 in Sep from 109.3 in Aug.
• According to data from U.K. Finance, the number of mortgages
approved in Britain decreased to 39,402 in Aug 2018 from 39,619 in Jul
2018 and 41,141 in Aug 2017. Similarly, there was a fall in house
purchase and other secured borrowing by 4.3% and 2.1%, respectively.
• Nifty Sep 2018 Futures settled at 11,062.45, a premium of 8.65 points,
above the spot closing of 11,053.80. The turnover on NSE’s Futures and
Options segment went down to Rs. 12,29,900.86 on Sep 26.
• The Put-Call ratio stood at 0.85, compared with the previous session’s
close of 0.76.
• The Nifty Put-Call ratio stood at 1.09 compared with the previous
session’s close of 1.13.
• India VIX moved up 2.68% to 17.1300 from 16.6825 in the previous
• Open interest on Nifty Futures stood at 25.33 million as against the
previous session’s close at 24.65 million.
• The Indian rupee depreciated as market participants wait for the policy
review meeting of the Federal Reserve, expecting an interest rate hike.
Consistent surge in crude prices, too, weighed down on the local unit.
• The euro edged higher, driven by the comment of European Central
Bank’s president, assuring healthy growth in inflation and wages in euro
zone. However, gains were tapered after ECB’s chief economist attached
little importance to the president’s remark.
• Gold prices moved down ahead of the two-day monetary policy
meeting of the U.S. Federal Reserve.
• Brent crude prices declined following U.S.’s assurance that it would
ensure proper oil supply before the sanction against Iran kicks in Nov.