Global Indices
Global Indices 11-May Prev_Day Abs. Change
% Change
Russell 3000 2,026 2,031 -5 -0.24
Nasdaq 13,389 13,402 -12 -0.09
FTSE 6,948 7,124 -176 -2.47
Nikkei 28,609 29,518 -910 -3.08
Hang Seng 28,014 28,596 -582 -2.03
Indian Indices 11-May Prev_Day Abs. Change
% Change
S&P BSE Sensex 49,162 49,502 -341 -0.69
Nifty 50 14,851 14,942 -92 -0.61
Nifty 100 15,071 15,147 -75 -0.50
Nifty 500 12,642 12,670 -28 -0.22
Nifty Bank 32,872 33,142 -270 -0.82
S&P BSE Power 2,669 2,617 52 1.97
S&P BSE Small Cap 22,606 22,426 180 0.80
S&P BSE HC 24,527 24,594 -67 -0.27
Date P/E Div. Yield P/E Div. Yield
11-May 31.16 0.86 30.14 0.99
Month Ago 34.29 0.73 33.53 0.97
Year Ago 19.51 1.22 21.21 1.65
Nifty 50 Top 3 Gainers
Company 11-May Prev_Day
% Change
Coal India 156 147 5.88
GAIL 162 155 4.76
NTPC 113 108 4.64
Nifty 50 Top 3 Losers Domestic News
Company 11-May Prev_Day
% Change
JSW Steel 734 759 -3.22
Hindalco 413 426 -3.04
Kotak Bank 1755 1809 -2.98
Advance Decline Ratio
BSE NSE
Advances 1810 1182
Declines 1251 772
Unchanged 178 79
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 40113
MF Flows** -18347
*11
th
May 2021; **5
th
May 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
5.52%
(Mar-21)
5.84%
(Mar-20)
IIP
-3.60%
(Feb-21)
5.20%
(Feb-20)
GDP
0.40%
(Dec-20)
3.30%
(Dec-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
12 May 2021
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
-1.60%
(Nov-20)
-7.50%
(Sep-20)
Quarter Ago
Inflow/Outflow
259
1169
4.59%
(Dec-20)
• Indian equity markets slipped amid worries over soaring commodity prices
that have sent the cost of raw materials from copper to iron ore and lumber
to record highs and are the latest indicator that inflation may not be as
transitory as some policymakers are expecting. On the coronavirus front,
the World Health Organization said that the coronavirus variant first
identified in India last year was being classified as a variant of global
concern, with some preliminary studies showing that it spreads more easily.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.69% and 0.61%
to close at 49,161.81 and 14,850.75 respectively.
• The overall market breadth on BSE was strong with 1,810 scrips advancing
and 1,251 scrips declining. A total of 178 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Utilities was the major gainer, up 2.74%
followed by S&P BSE Oil & Gas, up 2.68% and S&P BSE Power, up 1.97%.
S&P BSE Metal was the major loser, down 1.07% followed by S&P BSE
Finance, down 1.03% and S&P BSE Bankex, down 1.02%.
• According to the Reserve Bank of India (RBI), private banks that operated as
agency banks for government businesses prior to 2012 will continue to do
so for the central and state governments without needing new permission.
The RBI also stated that banks seeking new approval from the RBI for
government agency businesses should be in good health and not be subject
to a prompt corrective action process or a moratorium at the time of filing
the application or signing the agreement with the RBI.
• The Securities and Exchange Board of India (Sebi) has issued disclosure
standards for corporate responsibility and sustainability reporting, which
cover environmental, social, and governance aspects and will apply to the
top 1,000 listed entities by market capitalization. The new Business
Responsibility and Sustainability Report (BRSR) will take the place of the
previous Business Responsibility Report (BRR). Market participants will be
able to recognise and evaluate sustainability-related risks and opportunities
as a result of the change, which is expected to increase transparency.
• As per media reports, the government has proposed more reductions in
import duties on steel products, with the aim of getting them to zero or
near-zero levels to help MSMEs cope with the high cost of raw materials in
the midst of the pandemic.
• Infosys announced that it has been selected by Britvic, one of the leading
branded soft drinks businesses in Europe, as a strategic end-to-end partner
to assist them in implementing their strategic transformation roadmap and
activities, including software, cloud infrastructure, service.
• JSW Energy's subsidiary JSW Hydro Energy has raised USD 707 million
through green bonds issued in other countries.

https://mf.nipponindiaim.com

• Asian markets closed in the red following growing concerns over inflation.
Investors are contemplating that the inflationary pressure may lead to U.S.
Fed tightening its monetary policy sooner than expected. Today (as on May
12), markets are largely trading lower as investors remain cautious over
growing inflation worries. While Nikkei is down 0.70%, Hang Seng is up
0.30% (as at 8:00 AM IST).
• European markets also went down as rising inflation raised speculation that
the U.S. Fed, as well as central banks in some other big economies, might
wind back monetary policy support sooner than expected.
• U.S. markets went down, dragged by concerns about an acceleration in the
rate of inflation and potential monetary policy tightening by the Federal
Reserve.
Markets for You
FII Derivative Trade Statistics 11-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 2681.92 3004.01 10460.72
Index Options 245491.15 242869.54 103732.05
Stock Futures 11750.71 13425.06 105394.73
Stock Options 12838.39 12769.85 14163.58
Total 272762.17 272068.46 233751.08
11-May Prev_Day
Change
Put Call Ratio (OI) 1.27 1.33 -0.06
Put Call Ratio(Vol) 0.94 1.01 -0.07
11-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.21% 3.19% 3.15% 3.87%
T-Repo 3.26% 3.18% 2.99% 3.15%
Repo 4.00% 4.00% 4.00% 4.40%
Reverse Repo 3.35% 3.35% 3.35% 3.75%
91 Day T-Bill 3.35% 3.31% 3.32% 3.55%
364 Day T-Bill 3.72% 3.67% 3.72% 3.67%
10 Year Gilt 6.01% 6.01% 6.02% 5.82%
G-Sec Vol. (Rs.Cr) 15838 19868 36413 66448
FBIL MIBOR 3.45% 3.44% 3.44% 4.42%
3 Month CP Rate 3.60% 3.50% 3.70% 5.35%
5 Year Corp Bond 6.25% 6.31% 6.39% 7.02%
1 Month CD Rate 3.33% 3.27% 3.44% 4.18%
3 Month CD Rate 3.37% 3.32% 3.32% 4.18%
1 Year CD Rate 4.14% 4.12% 3.89% 4.79%
Currency 11-May Prev_Day
Change
USD/INR 73.45 73.41 0.04
GBP/INR 103.68 103.25 0.43
EURO/INR 89.15 89.25 -0.10
JPY/INR 0.67 0.67 0.00
Commodity 11-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 65.26 65.67 59.24 23.52
Brent Crude($/bl) 69.50 69.86 61.60 23.42
Gold( $/oz) 1837 1778 1743 1696
Gold(Rs./10 gm) 47569 47569 46284 40989
Source: Refinitiv
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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12 May 2021
Derivatives Market
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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• Nifty May 2021 Futures stood at 14,878.25, a premium of 27.50 points
above the spot closing of 14,850.75. The turnover on NSE’s Futures and
Options segment rose to Rs. 42,73,308.97 crore on May 11, 2021, compared
with Rs. 25,76,380.57 crore on May 10, 2021.
• The Put-Call ratio stood at 0.89 compared with the previous session’s close
of 0.9.
• The Nifty Put-Call ratio stood at 1.27 compared with the previous session’s
close of 1.33.
• Open interest on Nifty Futures stood at 12.77 million, compared with the
previous session’s close of 12.23 million.
• Bond yields were little changed for the second consecutive session due to
lack of fresh triggers in the market.
• Yield on the 10-year benchmark paper (5.85% GS 2030) remained unchanged
at 6.01% from the previous close after moving in a narrow range of 6.01% to
6.02%.
• Banks did not borrowed under the central bank’s marginal standing facility
on May 10, 2021 as well as May 07, 2021.
• The Indian rupee was almost unchanged against the U.S. dollar as exporters’
greenback sales neutralised the downside due to weak risk mood in the
region.
• Euro rose against the U.S. dollar after data showed German investor
sentiment in May 2021 surged to its highest level since the start of the
COVID-19 pandemic.
• Gold prices rose as the greenback remained under pressure with market
participants awaiting U.S. consumer price data to gauge inflation.
• Brent crude prices rose after Colonial Pipeline shut down its network after
being hit by a cyberattack.
• According to Destatis, Germany wholesale prices rose 7.2% YoY in Apr 2021
following a 4.4% rise in Mar 2021. On a monthly basis, wholesale prices rose
1.1% slower than the 1.7% increase posted in Mar.
• According to the National Bureau of Statistics, China’s consumer price
inflation rose 0.9% YoY in Apr 2021 as against 0.4% in Mar 2021.
• According to data from the ZEW - Leibniz Centre for European Economic
Research, Germany’s economic sentiment rose sharply to 84.4 in May 2021
from 70.7 in Apr 2021. The current conditions index rose by 8.7 points to -
40.1 in May.
• According to the Ministry of Communications, Japan’s average of household
spending rose 6.2% YoY to 309,800 yen in Mar 2021 following 6.6% fall in
Feb 2021.
Markets for You