Today’s Headlines –19^th April 2017

Market and Economy

·       IMF retains its India GDP growth forecast at 7.2% for 2017-18

·       SBI sees CPI inflation at 4.8% in FY18

·       IMD predicts ‘normal’ South-West monsoon

·       NPAs crisis: Banks not making adequate disclosures, RBI flags concerns

·       India Inc’s foreign investment jump 2-fold to $3 bn in March

·       RBI asks banks to closely monitor telecom loans as debt mounts

·       India jumps to eigth spot on Global FDI Confidence Index

·       Government planning an easy credit scheme for rural households

·       Reliance set to win back crown as most valuable stock

·       Mutual funds AUM increases for fifth straight year in FY17

·       Why RBI must permit PDS, mutual funds, insurers, others to directly access forex market

Market Round-Up

Equity Markets
	13th April,2017	17th April,2017	18th April,2017	change from Prev Day
Nifty Fifty	9150.80	9139.30	9105.15	-34.15
Sensex	29461.45	29413.66	29319.10	-94.56
Nifty MidCap 100	17550.30	17629.90	17510.65	-119.25
CNX SmallCap	7122.70	7164.35	7122.70	-41.65
Sensex P/E ( Trailing)	22.62	22.47	22.35	-0.12
Nifty Fifty P/E ( Trailing)	23.20	23.17	23.08	-0.09

                                           

Debt Market
( weighted Average Yield)	13th April,2017	17th April,2017	18th April,2017	change from Prev Day
Call Rates	5.96	5.98	5.93	-0.05
Repo	5.60	5.74	5.85	0.11
CBLO	4.85	6.01	6.06	0.05
10 years – 6.97% Govt Stock 2026	6.7900	6.8471	6.8631	0.0160
1Y Bank CD’s	6.47-6.57	6.47-6.57	6.47-6.57	------
1Y CP	7.40-7.55	7.40-7.55	7.40-7.55	------