Global Indices 06-May Prev_Day Abs. Change
Russell 3000 2,059 2,051 8 0.41
Nasdaq 13,633 13,582 50 0.37
FTSE 7,076 7,039 37 0.52
Nikkei 29,331 28,813 519 1.80
Hang Seng 28,637 28,418 219 0.77
Indian Indices 06-May Prev_Day Abs. Change
S&P BSE Sensex 48,950 48,678 272 0.56
Nifty 50 14,725 14,618 107 0.73
Nifty 100 14,929 14,823 105 0.71
Nifty 500 12,502 12,413 89 0.72
Nifty Bank 32,828 32,784 44 0.13
S&P BSE Power 2,540 2,524 17 0.66
S&P BSE Small Cap 22,184 22,053 131 0.59
S&P BSE HC 24,047 24,039 9 0.04
Date P/E Div. Yield P/E Div. Yield
6-May 31.13 0.85 30.82 1.00
Month Ago 34.26 0.73 33.18 0.96
Year Ago 19.61 1.21 21.34 1.64
Nifty 50 Top 3 Gainers
Company 06-May Prev_Day
Hindalco 386 367 5.13
Hero Moto 2913 2788 4.49
Wipro 512 491 4.42
Nifty 50 Top 3 Losers Domestic News
Company 06-May Prev_Day
Power Grid 215 218 -1.28
United Phos 633 641 -1.20
NTPC 103 104 -0.82
Advance Decline Ratio
Advances 1622 1056
Declines 1371 850
Unchanged 134 94
Institutional Flows (Equity)
FII Flows* 39059
MF Flows** -18932
May 2021; **4
YoY(%) Current Year Ago
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI from 2010
• Indian equity markets struggled to end the session in the green. While
consistent rise in COVID-19 cases kept investors wary, stock specific
movement in selected counters supported gains following the
announcements of Mar quarter results.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.56% and
0.73% to close at 48,949.76 and 14,724.80 respectively.
• The overall market breadth on BSE was strong with 1,622 scrips advancing
and 1,371 scrips declining. A total of 134 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Metal was the major
gainer, up 2.74%, followed by S&P BSE Auto and S&P BSE IT, up 1.81% and
1.43%, respectively. S&P BSE Basic Materials and S&P BSE Teck gained
1.38% and 1.18% respectively.
• Sebi announced that it is in the process of engaging agencies to create a
virtual museum of the Indian securities market. The museum will preserve
tangible and intangible records and commemorate the history of the Indian
securities industry and create interest and raise awareness of the market
among stakeholders, the general public, scholars, and students.
• According to Centre for Monitoring Indian Economy (CMIE), in Apr 2021,
the raging second wave of Covid-19 caused a 3.8% fall in consumer
confidence, the largest drop since May 2020. As per CMIE, people are more
pessimistic about the future, their wages in the next 12 months, the
economy in the next year, and the economy in the next five years.
• According to a survey, the pandemic and subsequent lockdowns have
wreaked havoc on the economy and livelihoods of approximately 23 crore
Indians in the last year. According to the study, the rural poverty rate
increased by 15%, while the urban poverty rate increased by nearly 20
• According to a global investment bank and financial services firm based in
the U.S., the wholesale price index (WPI) accelerated to 9.1% YoY in April
2021 from 7.4% YoY in March2021, owing to a low base. Although food
prices are expected to have slowed, non-food inflation is expected to have
increased dramatically due to the low base impact.
• Tata Consumer Products reported a consolidated net profit of Rs. 133.34
crore for the quarter ended Mar 2021 as against a loss of Rs. 50 crore in the
year-ago period. The profit came mainly due to growth in revenue and good
control over expenditure.
• Cognizant reported 4.2% YoY rise to $4.4 billion in quarter ended Mar 2021.
Cognizant’s digital revenue grew by 15% YoY and currently represents 44%
of its total revenue. The increase in company’s performance came as it saw
recovery in its healthcare vertical.
• Asian markets witnessed a mixed trend with investors keenly awaiting the
U.S. jobs report to gauge the overall health of U.S. employment amid
COVID-19 pandemic. Today (as on May 07), Asian markets opened on a
mixed note ahead of the U.S nonfarm payroll data. Both Nikkei and Hang
Seng rose 0.01% and 0.05%, respectively (as at 8 a.m. IST).
• European markets mostly rose tracking earnings announcements and
digesting Bank of England's policy statement. Optimism about growth
supported sentiment, but buying interest was a bit subdued due to worries
about surge in coronavirus cases in Asian countries.
• U.S. markets rose after U.S. initial weekly jobless claims fell by much more
than market expected in the week ended May 1, 2021.