Global Indices
Global Indices 13-May Prev_Day Abs. Change
Russell 3000 1,991 1,974 17 0.88
Nasdaq 13,125 13,032 93 0.72
FTSE 6,963 7,005 -41 -0.59
Nikkei 27,448 28,148 -700 -2.49
Hang Seng 27,719 28,231 -512 -1.81
Indian Indices 12-May Prev_Day Abs. Change
S&P BSE Sensex 48,691 49,162 -471 -0.96
Nifty 50 14,697 14,851 -154 -1.04
Nifty 100 14,940 15,071 -131 -0.87
Nifty 500 12,538 12,642 -104 -0.83
Nifty Bank 32,452 32,872 -420 -1.28
S&P BSE Power 2,667 2,669 -2 -0.06
S&P BSE Small Cap 22,466 22,606 -140 -0.62
S&P BSE HC 24,384 24,527 -143 -0.59
Date P/E Div. Yield P/E Div. Yield
12-May 30.88 0.87 29.83 1.00
Month Ago 33.42 0.74 32.72 0.99
Year Ago 19.97 1.18 21.51 1.62
Nifty 50 Top 3 Gainers
Company 12-May Prev_Day
Tata Motors 326 316 3.31
Titan Industries Limited 1455 1435 1.37
Maruti 6818 6737 1.20
Nifty 50 Top 3 Losers Domestic News
Company 12-May Prev_Day
Tata Steel 1179 1234 -4.44
JSW Steel 708 734 -3.59
IndusInd Bank 917 949 -3.39
Advance Decline Ratio
BSE
Advances 1542 887
Declines 1537 1089
Unchanged 154 64
Institutional Flows (Equity)
Description (Cr)
FII Flows* 40829
MF Flows** -18347
*12
th
May 2021; **5
th
May 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
[1]
Data as on 12 May, 2021
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
2012
• Indian equity markets slipped with investors concerned that rising
commodity prices and inflationary pressure may push up global interest
rates sooner than expected. Buying interest was also dampened after one
of the global rating agencies slashed India's growth forecast for FY22 to
9.3% on account of the second wave of coronavirus infections, which shall
affect economic recovery and increases risk of longer-term damage.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.96% and 1.04%
to close at 48,690.80 and 14,696.50 respectively.
• The overall market breadth on BSE was strong with 1,542 scrips advancing
and 1,537 scrips declining. A total of 154 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Auto was the only gainer, up 0.26%. S&P
BSE Metal was the major loser, down 3.22% followed by S&P BSE Basic
Materials, down 1.62% and S&P BSE Bankex, down 1.44%. S&P BSE Auto
was the only gainer, up 0.26%. S&P BSE Metal was the major loser, down
3.22% followed by S&P BSE Bankex, down 1.44% and S&P BSE Oil & Gas,
down 1.22%.
• Government data showed that the Index of Industrial Production (IIP)
witnessed a growth of 22.4% in Mar 2021 as compared to a contraction of
3.4% in the previous month and a contraction of 18.7% in the same period
of the previous year. The manufacturing sector witnessed a growth of
25.8% in Mar 2021 as compared to a contraction of 22.8% in the same
period of the previous year. The mining sector grew 6.1% in Mar 2021 as
compared to a contraction of 1.3% in the same period of the previous year
while the electricity sector witnessed a growth of 22.5% in Mar 2021 as
compared to a contraction of 8.2% in Mar 2020. In FY21, IIP contracted
8.6% as compared to a contraction of 0.8% in FY20.
• Government data showed that the Consumer Price Index based inflation
(CPI) fell to 4.29% in Apr 2021 from 5.52% in Mar 2021. The Consumer Food
Price Index also came down to 2.02% in Apr 2021 from 4.87% in the
previous month. CPI Inflation for vegetables fell 14.18% while that of oils
and fats witnessed a growth of 25.91% in Apr 2021. CPI inflation for pulses
and products stood at 7.51% during the same month.
• The United Nations has boosted India's growth forecast for 2021 to 7.5%,
up 0.2% from Jan 2021, but warns that the country's outlook for the year
remains highly fragile. According to the World Economic Situation and
Prospects study, rising COVID-19 infections and insufficient vaccination
progress in many countries pose a threat to a broad-based recovery of the
global economy. India's GDP is expected to increase by 10.1% in2022,
according to the study.
• Asian markets closed in the red as faster than expected U.S. inflation data
raised concerns about tighter monetary policy and its impact on the global
growth outlook. Today (as on May 14), markets are markets are trading
higher following overnight gains in Wall Street. Both Nikkei and Hang Seng
are up 1.38% and 0.42% (as at 8:00 AM IST), respectively.
• European markets witnessed a mixed trend amid continued concerns about
inflation and speculation that the Federal Reserve may tighten its monetary
policy sooner than expected.
• U.S. markets went up with investors taking positive cues from higher-than-
expected drop in initial jobless claims for the week to May 8 coupled with
bargain hunting.