Global Indices
Global Indices 25-May Prev_Day Abs. Change
% Change
Russell 3000 2,021 1,987 34 1.72
Nasdaq 12,698 12,484 214 1.71
FTSE 7,571 7,627 -56 -0.74
Nikkei 30,801 30,683 118 0.39
Hang Seng 18,747 19,116 -369 -1.93
Indian Indices 25-May Prev_Day Abs. Change
% Change
S&P BSE Sensex 61,873 61,774 99 0.16
Nifty 50 18,321 18,285 36 0.20
Nifty 100 18,214 18,170 44 0.24
Nifty 500 15,555 15,516 39 0.25
Nifty Bank 43,681 43,678 4 0.01
S&P BSE Power 3,842 3,822 21 0.54
S&P BSE Small Cap 30,015 29,934 81 0.27
S&P BSE HC 23,309 23,303 5 0.02
Date P/E Div. Yield P/E Div. Yield
25-May 23.06 1.32 21.28 1.43
Month Ago 22.43 1.24 20.56 1.41
Year Ago 21.85 1.23 19.74 1.38
Nifty 50 Top 3 Gainers
Company 25-May Prev_Day
% Change
Bajaj Auto 4644 4518 2.80
Bharti Airtel 823 801 2.66
ITC 441 434 1.76
Nifty 50 Top 3 Losers Domestic News
Company 25-May Prev_Day
% Change
Wipro 394 400 -1.40
Tata Motors 515 520 -1.03
United Phos 676 682 -0.95
Advance Decline Ratio
BSE NSE
Advances 1917 1180
Declines 1788 1070
Unchanged 155 104
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 20225
MF Flows** 50729
*25
th
May 2023; **22
nd
May 2023
Economic Indicator
YoY(%) Current Year Ago
CPI
4.70%
(Apr-23)
7.79%
(Apr-22)
IIP
1.10%
(Mar-23)
2.20%
(Mar-22)
GDP
4.40%
(Dec-22)
5.20%
(Dec-21)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
26 May 2023
Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI from 2010 to
2012
Indian Equity Market
Indices Performance
P/E Dividend Yield
Sensex
Nifty
5.10%
(Dec-22)
6.30%
(Sep-22)
Quarter Ago
Inflow/Outflow
169
1498
6.52%
(Jan-23)
• Indian equity markets recovered from early losses and closed in green lead
by strong buying in FMCG and auto stocks. Weak cues from the global
markets followed by the concerns over U.S. debt ceiling discussions,
weighed on the market sentiments. However, upbeat quarterly earning
updates from some of the index heavy weights helped to erase the losses.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.16% and
0.2% to close at 61,872.62 and 18,321.15 respectively.
• The overall market breadth on BSE was strong with 1,802 scrips advancing
and 1,687 scrips declining. A total of 122 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecommunication was the major
gainer, up 1.67% followed by S&P BSE Realty, up 1.1% and S&P BSE Capital
Goods, up 0.7%. S&P BSE Metal was the major loser, down 0.12% followed
by S&P BSE Energy, down 0.06% and S&P BSE Commodities, down 0.02%.
• According to the chairman of the prime minister's economic advisory
council, India will easily expand at a real rate of 7.5%, to pass through the
upper-income group and get close to the high-income status by 2047. India
will need to grow at a real rate of 6.18–6.74% by 2047 to qualify as a
higher-income nation, according to a former chairman of the Economic
Advisory Council.
• According to a top adviser to the Finance Ministry, India's robust credit
demand and declining crude oil prices might support the economy and put
the South Asian nation on track for a 6.5% expansion this fiscal year.
• According to a statement from the Ministry of Finance, the Central Board
of Direct Taxes (CBDT) increased the non-government employee maximum
for leave salary encashment to Rs. 25 lakhs. According to the recent CBDT
circular, the enhanced leave encashment limit will take effect on April 1,
2023.
• TTK Prestige Ltd. reported a 26% decline in fourth-quarter earnings. The
company's consolidated net profit decreased from 800.2 million rupees a
year earlier to 594.5 million rupees ($7.18 million) in the three months
ending in Mar 2023.
• Reliance Consumer Products (RCPL), announced that it has successfully
completed the acquisition of a majority interest in Lotus Chocolate
Company Ltd. For a total of Rs 74 crore, RCPL finalised the purchase of a
51% stake in Lotus Chocolate.
• Asian markets mostly fell as investors were worried by the delay in talks to
increase the U.S. debt ceiling and fears of a potential U.S. credit rating fall.
Today (as on May 26), Asian markets opened on a higher note tracking rise
in U.S. technology sector. Both Nikkei and Hang Seng index rose 0.63% and
0.23% (as at 8 a.m. IST), respectively.
• European markets mostly fell weighed down by concerns about a potential
debt default in the U.S., weak economic outlook, and prospects of further
policy tightening by central banks.
• U.S. market rose as technology sector gained strongly following positive
reaction to earnings news from an American multinational technology
company. However, energy stocks fell tracking fall in crude oil prices.
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