Global Indices 11-May Prev_Day Abs. 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
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
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
JSW Steel 734 759 -3.22
Hindalco 413 426 -3.04
Kotak Bank 1755 1809 -2.98
Advance Decline Ratio
Advances 1810 1182
Declines 1251 772
Unchanged 178 79
Institutional Flows (Equity)
FII Flows* 40113
MF Flows** -18347
May 2021; **5
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 to
• 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.
• 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