Daily Newsletter

June 16, 2017

News Summary
Indian benchmark indices ended lower on Thursday as investors booked profits amid global risk-aversion due to political turmoil in the
US.
The interbank call money rate ended at 6.10% on Thursday as against 6.25% on Wednesday as surplus liquidity persisted.
Government bond prices fell on Thursday on profit sales.
A new ILO report says Indias economy could gain $1 trillion if it closes the wide gender gap in employment by 2025.
Indias exports grew 8.3% year-on-year to $24 bn in May, while imports were up 33% from a year ago to $37.8 bn, resulting in a trade
deficit of $13.84 bn in May, highest in two-and-a-half years, compared with a deficit of $13.25 bn in April.
Indias current account deficit soared to $3.4 bn, or 0.6% of gross domestic product (GDP), in the fourth quarter of financial year 2017,
from $0.3 bn a year ago.
Indias services exports was almost flat at $12.9 bn in April, compared with $12.91 bn in the same month last year.
According to a UN report, Indians working across the globe sent home $62.7 bn last year, making India the top remittance-receiving
country surpassing China.
India improves its position from 66 to 60 in the Global Innovation Index rankings.

Market Indicators

(FII/MF 10-Year G-Sec Yield 1.20% Corporate AAA Bond Spreads

(Nifty) Inv Rs Cr 7.70%
15-Jun-17
9690 )
5,200
7.36% 1.00% 14-Jun-17

Spreads (%)
9672 3,460 15-Jun-16
7.02% 0.80%
9654 1,720
9636 -20 6.68% 0.60%
9618 -1,760
6.34% 0.40%
9600 -3,500
12-Jun
31-May

13-Jun
14-Jun
1-Jun
2-Jun
5-Jun
6-Jun
7-Jun
8-Jun
9-Jun

6.00% 0.20%
14-Jul-16

23-Mar-17
16-Jun-16

23-Feb-17
11-Aug-16

6-Oct-16

29-Dec-16

15-Jun-17
3-Nov-16
1-Dec-16

26-Jan-17

20-Apr-17
18-May-17
8-Sep-16

0.0- 0.5- 1.0- 2.0- 3.0- 4.0- 5.0- 6.0-

0.5 1.0 2.0 3.0 4.0 5.0 6.0 8.0
FII Net Investment MF Net Investment
Nifty (Duration Bucket in years)

India Index 15-June-17 1 Day % Chg 1 Year % Chg Corp. bonds

AAA AA+ AA AA- A+
S&P BSE Sensex 31076 -0.26 16.27 yields (%)
Nifty 50 9578 -0.42 16.71 6 month 6.63 6.85 7.10 7.24 7.50
S&P BSE Midcap 14782 -0.12 29.59 1 Year 6.85 7.12 7.37 7.52 7.76
S&P BSE Smallcap 15646 0.37 36.48 3 Year 7.07 7.37 7.64 7.96 8.25
5 Year 7.14 7.50 7.79 8.12 8.41
Global Index 15-June-17 1 Day % Chg 1 Year % Chg 10 Year 7.35 7.69 8.17 8.57 8.91
21360 -0.07 21.09 Data as of June 13
DJIA
Nasdaq 6166 -0.47 27.52
Key Debt Market Indicators 15-June-17
FTSE 7419 -0.74 24.34
Repo rate 6.25%
Nikkei 19832 -0.26 24.58
Reverse repo rate 6.00%
Hang Seng 25565 -1.20 24.91
MSF rate 6.50%
CBLO 6.19%
Net Buying
FII Inv MF Inv 10 Yr Gilt 6.48%
Rs. Cr. (Equity)
3-mth CD rate 6.30%
14-June-17 86.11 NA
1 yr CD rate 6.65%
MTD 3500.95 2420.96*
3-mth CP rate 6.67%
YTD 56053.25 35111.68*
7.17%
*Data as of June 8 1 yr CP rate

Key Macro Indicators Commodities 15-June-17 14-June-17 Change

CPI 2.18% (May-17)
Crude ($/bbl) 44.46 44.73 -0.27
WPI 2.17% (May-17)
Gold (Rs/10 gm) # 28730 28850 -120
GDP Growth Rate 6.10% (Jan-Mar 17)
Silver (Rs/1 Kg)# 38694 38808 -114
IIP 3.10% (Apr-17)
#NCDEX spot prices
 Daily Newsletter
June 16, 2017

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