03Apr2018
MarketsforYou
GlobalIndices
GlobalIndices 02‐Apr Prev_Day Abs.Change
%Change
#
DowJones 23,644 24,103 ‐459 ‐1.90
Nasdaq 6,870 7,063 ‐193 ‐2.74
FTSE Closed 7,057 NA NA
Nikkei 21,389 21,454 ‐66 ‐0.31
HangSeng Closed 30,093 NA NA
IndianIndices 02‐Apr Prev_Day Abs.Change
%Change
#
S&PBSESensex 33,255 32,969 287 0.87
Nifty50 10,212 10,114 98 0.97
Nifty100 10,596 10,478 118 1.12
NiftyBank 24,329 24,263 65 0.27
SGXNifty 10,262 10,160 102 1.00
S&PBSEPower 2 ,153 2,126 27 1.29
S&PBSESmallCap 17,394 16,994 400 2.35
S&PBSEHC 13,484 13,158 326 2.48
Date P/E Div.Yield P/E Div.Yield
2‐Apr 22.94 1.17 25.35 1.26
MonthAgo 23.61 1.16 25.59 1.19
YearAgo 22.63 1.36 23.26 1.25
Nifty50Top3Gainers
Company 02‐Apr Prev_Day
%Change
#
AurobindoPharma 593 558 6.22
Cipla 576 545 5.65
Lupin 777 736 5.61
Nifty50Top3Losers DomesticNews
Company 02‐Apr Prev_Day
%Change
#
ICICIBank 262 278 ‐5.93
IndianOil 170 177 ‐3.48
AxisBank 499 511 ‐2.24
AdvanceDeclineRatio
BSE NSE
Advances 2101 1493
Declines 537 312
Unchanged 173 55
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* 14399
MFFlows** 30162
*28
th
Mar2018;**26
th
Mar2018
EconomicIndicator
YoY(%) Current YearAgo
WPI
2.48%
(Feb‐18)
5.51%
(Feb‐17)
IIP
7.50%
(Jan‐18)
3.00%
(Jan‐17)
GDP
7.20%
(Dec‐17)
6.80%
(Dec‐16)
03April2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
1.80%
(Oct‐17)
6.50%
(Sep‐17)
QuarterAgo
Inflow/Outflow
2250
1094
4.02%
(Nov‐17)
•Indianequitymarketsclosedinthegreenonthebackofgainsin
pharma and auto stocks. Jump in Mar 2018 vehicle sales of heavyweights
lead the gains. However, banking stocks fell amid reports that the Central
Bureau of Investigation (CBI) has launched a preliminary enquiry to verify
an Indian multinational banking and financial services company’s Rs.
40,000 crore loan to one of the industry majors.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.87% and
0.97%, respectively, to close at 33,255.36 and 10,211.80. S&P BSE Mid‐
Cap and S&P BSE Small‐Cap fell 1.40% and 2 .35%.
• On the BSE sectoral front, S&P BSE Industrials was the major gainer, up
2.51%, followed by S&P B SE Healthcare that grew 2.48%. S &P BSE Aut o
and S&P BSE Capital Goods grew 2.14% and 2.03%, respectively. S&P BSE
Basic Materials and S&P BSE Consumer Discretionary Goods & Services
grew 2.01% and 1.64%, r espectively. A mong the lose rs, S&P BSE Bankex
was the major loser, down 0.37%, followed by S&P BSE Oil & Gas that fell
0.13%.
• Government data showed that the index of eight core industries grew
5.3% in Feb 2018 as against 6.1% in Jan 2018 (6.7% originally reported)
and 0.6% in Feb 2017. The month on month slowdown in pace of growth
reflects 2.4% and 1.5% decline in crude oil and natural gas products,
respectively. Meanwhile, cement witnessed maximum growth of 22.9%.
Data for Apr to Feb 2018 slowed to 4.3% from 4.7% in the same period of
2017.
• The government has sanctioned Goods and Services Tax (GST) refund of
80% of the eligible claims to ex p orters, which is worth about Rs. 12,700
crore. The Central Board of Excise and Customs (CBEC) had organised
refund facilitation camps in field offices between Mar 15‐31 t o assist
exporters in filling refund claim forms and correct e rrors.
• On the basis of requests received from stakeholders, the government
has given defaulting firms an extension for submitting filings under the
Companies Act, covered by the Condonation of Delay Scheme, till Apr 30,
2018, from M ar 31, 2018. Initially, the scheme was announced effective
Jan 1, 2018, for a three‐month period ending Mar 31, 2018, as a measure
to crackdown companies allegedly being used as conduits for illicit fun d
flowsaswellasthoseregisteredcompaniesthathavenotbeencarrying
out business activities for a long time period.
• Hyundai Motor India Ltd posted 8.8% YoY increase in total sales to
60,507 units in M ar 2018 from 55,614 units in Mar 2017. Domestic sales
and exports of the company arose by 7.3% and 15.1% YoY, respectively.
• Suzuki Motorcycle I ndia reported increase in sales by 23.2% Y oY to
51,858 units in Mar 2018. In FY18, the company posted growth of 43%
YoY in domestic market.
• Dr Reddy's Laboratories Limited along with its subsidiary, Promius
Pharma, has filed new drug application (NDA) with the U.S. health
regulator for its m igraine candidate DFN‐02.
• Most of the Asian markets traded in low amid thin trading session due
to Easter holidays. Weaker than expected economic data in China and
Japan also weighed on the sentiments. The Caixin survey revealed that
China's manufacturing activity grew at its slowest pace in four months in
Mar 2018 and Japan's business confidence deteriorated in the first
quarter. China also imposed tariffs on certain U.S. imports. Today (As of
April 03), Asian markets opened lower following decline on the Wall
Street overnight. Both Nikkei and Hang Seng were trading lower 1.04%
and 0.56%, respectively (as at 8 a.m. IST).
• As per the last close, European market was closed on account of Easter
Holiday.
• As per the last close, U.S markets fell on renewed trade war concerns
after China announced to impose tariffs on 128 imported goods
originating in the U.S. The move by China comes after the U.S. President’s
decided to impose tariffs on steel and aluminum imports. On the U.S.
economic front, ISM based manufacturing activity i n Mar 2018 grew at a
slower than forecast.
MarketsforYou
FIIDerivativeTradeStatistics 02‐Apr
(RsCr) Buy Sell OpenInt.
IndexFutures 7257.41 6902.31 25070.10
IndexOptions 126115.70 125871.74 76019.34
StockFutures 34178.85 33603.47 79121.11
StockOptions 5522.97 5392.55 7711.08
Total 173074.93 171770.07 187921.63
02‐Apr Prev_Day Change
PutCallRatio(OI) 1.10 1.42 ‐0.31
IndianDebtMarket
PutCallRatio(Vol) 1.01 0.94 0.07
28‐Mar Wk.Ago Mth.Ago YearAgo
CallRate Closed 5.98% 5.91% 6.04%
CBLO Closed 5.80% 4.84% 5.47%
Repo Closed 6.00% 6.00% 6.25%
ReverseRepo Closed 5.75% 5.75% 5.75%
91DayT‐Bill Closed 6.07% 6.31% 5.80%
364DayT‐Bill Closed 6.50% 6.64% 5.90%
10YearGilt Closed 7.62% 7.74% 6. 69%
G‐SecVol.(Rs.Cr) Closed 38439 19186 51905
CurrencyMarketUpdate
1MonthCPRate Closed 7.75% 7.15% 6.50%
3MonthCPRate Closed 7.39% 7.88% 6.61%
5YearCorpBond Closed 7.91% 8.09% 7.41%
1MonthCDRate Closed 7.21% 7.24% 6.16%
3MonthCDRate Closed 7.07% 7.28% 6.20%
1YearCDRate Closed 7.38% 7.62% 6.67%
CommodityMarketUpdate
Currency 02‐Apr Prev_Day Change
USD/INR Closed 65.04 N.A.
GBP/INR Closed 92.28 N.A.
EURO/INR Closed 80.62 N.A.
InternationalNews
JPY/INR Closed 0.62 N.A.
Commodity 02‐Apr WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 63.04 65.48 60.97 50.49
BrentCrude($/bl) Closed 68.40 64.87 52.16
Gold($/oz) 1341 1353 1316 1249
Gold(Rs./10gm) 30443 30756 30269 28527
Source:ThomsonReutersEikon
MutualFundInvestmentsaresubjecttomarketrisks,readallschemerelateddocumentscarefully.
03April2018
The information he rein 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 p arty 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 C ompany Limited (RNLAM) (formerly Reliance Capital Asset Management Limited) 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; RNLAM 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 RNLAM’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 inv estment 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
accountoflostprofitsarisingfromtheinformationcontainedinthismaterial.
ReadersarerequestedtoclickhereforICRONdisclaimer‐http://www.icraonline.com/legal/standard‐disclaimer.html
DerivativeStatistics‐NiftyOptions
Disclaimer:
DerivativesMarket
DebtWatch
CurrencyMarket
CommodityPrices
• Nifty Apr 2018 Futures were at 10264 points, a premium of 52.20
points, over the spot closing of 10,211.80. The turnover on NSE’s Futures
and Options segment went down from Rs. 14,45,042.93 crore on Mar 28
to Rs. 3,79,096.81 crore on Apr 2.
•ThePut‐Call ratio, stood at 0.82 against previous session’s close of
0.91.
• The Nifty Put‐Call ratio stood at 1.42 against the previous session’s
close of 1.10.
• Open interest on Nifty Futures stood at 20.83 million as against the
previous session’s close of 30.51 million.
• The domestic debt market remained closed on account of annual
closing.
• The domestic currency market remained closed on account of annual
closing.
• Euro was almost steady against the greenback amid light trading
volumes as some European markets remained closed on account of
Easter Monday holiday. Euro was last seen trading at $1.2322, up 0.01%
compared wit h the previous close of $1.2321.
• Gold prices moved up following weaker dollar against the euro and on
concerns of global trade war after China hinted to increase tariffs by up
to 25% on certain U.S. imports.
• Brent crude market remained closed.
• As per survey results from IHS Markit, China’s Purchasing Managers'
Index (PMI) fell unexpectedly to 51.0 in Mar 2018 from 51.6 in Feb 2018.
The unexpected fall was driven by slowdown in production and new
orders.
• According to survey results from IHS Markit, Japan's manufacturing
PMI fell to 53.1 in Mar 2018 from 54.1 in Feb 2018, the same pace as was
seen in Fe b 2018. The indicator has been rising for 19 successive months.
• According to Japan Automobile Dealers Association, Japan's
automobile sales decreased by 4.9% YoY in Mar 2018, at the same pace
as seen in Feb 2018. Passenger car sales declined 5.1%.
MarketsforYou
Thank you for
your time.