Global Indices
Global Indices 14-May Prev_Day Abs. Change
% Change
Russell 3000 2,030 1,991 39 1.96
Nasdaq 13,430 13,125 305 2.32
FTSE 7,044 6,963 80 1.15
Nikkei 28,084 27,448 636 2.32
Hang Seng 28,028 27,719 309 1.11
Indian Indices 14-May Prev_Day Abs. Change
% Change
S&P BSE Sensex 48,733 48,691 42 0.09
Nifty 50 14,678 14,697 -19 -0.13
Nifty 100 14,893 14,940 -47 -0.31
Nifty 500 12,472 12,538 -66 -0.52
Nifty Bank 32,170 32,452 -283 -0.87
S&P BSE Power 2,643 2,667 -24 -0.90
S&P BSE Small Cap 22,201 22,466 -266 -1.18
S&P BSE HC 24,091 24,384 -293 -1.20
Date P/E Div. Yield P/E Div. Yield
14-May 31.03 0.87 29.79 1.00
Month Ago 33.42 0.74 32.72 0.99
Year Ago 19.25 1.21 21.00 1.67
Nifty 50 Top 3 Gainers
Company 14-May Prev_Day
% Change
Asian Paints 2775 2556 8.54
United Phos 743 692 7.47
ITC 212 203 4.43
Nifty 50 Top 3 Losers Domestic News
Company 14-May Prev_Day
% Change
GAIL 153 161 -5.18
Coal India 147 154 -4.36
Tata Motors 312 326 -4.22
Advance Decline Ratio
BSE NSE
Advances 1371 761
Declines 1724 1220
Unchanged 145 80
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 39655
MF Flows** -19523
*14
th
May 2021; **12
th
May 2021
Economic Indicator
YoY(%) Current Year Ago
CPI
4.29%
(Apr-21)
7.22%
(Apr-20)
IIP
22.40%
(Mar-21)
-18.70%
(Mar-20)
GDP
0.40%
(Dec-20)
3.30%
(Dec-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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
2.20%
(Dec-20)
-7.50%
(Sep-20)
Quarter Ago
Inflow/Outflow
1
-1174
4.06%
(Jan-21)
• Indian equity markets closed on a flattish note as positive impact of decline
in retail inflation numbers for Apr was neutralized by slew of downgrades in
the GDP growth forecasts for FY22 along with slowdown in the vaccination
programme amid supply crunch.
• Key benchmark indices S&P BSE Sensex gained 0.09% and Nifty 50 lost
0.13% to close at 48,732.55 and 14,677.80 respectively.
• The overall market breadth on BSE was weak with 1,371 scrips advancing
and 1,724 scrips declining. A total of 145 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE FMCG was the major gainer, up 2%
followed by S&P BSE Capital Goods, up 0.62% and S&P BSE Consumer
Durables, up 0.21%. S&P BSE Metal was the major loser, down 3.61%
followed by S&P BSE Realty, down 3.31% and S&P BSE Utilities, down
2.14%.
• Government data showed that India’s trade deficit widened to $15.10
billion in Apr 2021 from $6.76 billion in Apr 2020 which corresponds to an
increase of 123.17%. Exports grew 195.72% on a yearly basis $30.63 billion
in Apr 2021 from $10.36 billion in the same period of the previous year.
Imports rose 167.05% over the year to $45.72 billion in Apr 2021 from
$17.12 billion in the same period of the previous year. Oil imports in Apr
2021 stood at $10.87 billion which was higher by 133.24% in dollar terms
compared to Apr 2020. Non-oil imports were estimated at $34.85 billion in
Apr 2021 which was 179.70% higher in dollar terms compared to the same
period of the previous year. The commodities/commodity groups which
have recorded positive growth during Apr 2021 vis-à-vis April 2020 are
gems & jewellery (9271.21%), Jute mfg. including floor covering
(1684.62%), Carpet (1352.68%).
• The Prime Minister released the 8th instalment of over Rs 20,000 crore to
more than 9.5 crore beneficiary farmers under Pradhan Mantri Kisan
Samman Nidhi (PM-KISAN) scheme. The scheme directly provides Rs. 6,000
annually in three equal installments to farmers.
• SEBI has extended the timeline for regulatory compliances by
Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts
(REITs) by one month. The move comes amid escalating concerns over the
second wave of the COVID-19 pandemic.
• Dr Reddy's Laboratories reported 28% YoY fall in consolidated net profit to
Rs 554 crore in the last quarter of FY21. Consolidated revenues grew 7%
YoY to Rs. 4,728 crore while R&D expenses comprised 8.7% of revenues at
Rs. 409 crore. Selling, general and administrative expenses went up 17% to
Rs. 1,430 crore due to incremental costs after the integration of
Wockhardt's acquired divisions and increased freight expenses.
• Larsen and Toubro (L&T) recorded 3% YoY rise in consolidated net profit of
Rs. 3,293 crore in the Mar quarter of 2021. L&T's revenue from operations
rose 8.6% YoY to Rs. 48,088 crore during the reported quarter.

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• Asian markets closed in the green following easing concerns over probable
rate hike by U.S. Fed. The Fed officials said that increase in prices above the
U.S. central bank's 2% goal should be temporary and it will not raise rates
until it sees inflation above target for a long time. Today (as on May 17),
markets are trading mixed as investors await the release of a series of
Chinese economic data. While Nikkei is down 0.45%, Hang Seng is up 0.59%
(as at 8:00 AM IST).
• European markets rose as comments from Fed policymakers that the U.S.
central bank will not raise rates until it sees inflation above target for a long
time helped ease worries on the rate front and prompted investors to pick
up stocks.
• U.S. markets went up as investors picked up stocks at somewhat reduced
levels following the sell-off seen earlier in the week.
Markets for You
FII Derivative Trade Statistics 14-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 5755.18 6310.89 12078.53
Index Options 688334.24 678081.32 85495.62
Stock Futures 13442.35 15921.87 103889.29
Stock Options 15775.92 16087.44 16278.27
Total 723307.69 716401.52 217741.71
14-May Prev_Day
Change
Put Call Ratio (OI) 1.11 1.01 0.10
Put Call Ratio(Vol) 0.89 0.94 -0.05
14-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.27% 3.22% 3.20% 3.92%
T-Repo 3.28% 3.28% 3.19% 2.11%
Repo 4.00% 4.00% 4.00% 4.40%
Reverse Repo 3.35% 3.35% 3.35% 3.75%
91 Day T-Bill 3.36% 3.34% 3.33% 3.40%
364 Day T-Bill 3.70% 3.71% 3.74% 3.71%
10 Year Gilt 5.99% 6.02% 6.01% 5.73%
G-Sec Vol. (Rs.Cr) 32217 29531 24707 53852
FBIL MIBOR 3.38% 3.45% 3.44% 4.42%
3 Month CP Rate 3.60% 3.55% 3.70% 4.65%
5 Year Corp Bond 6.28% 6.25% 6.32% 6.97%
1 Month CD Rate 3.35% 3.38% 3.48% 3.91%
3 Month CD Rate 3.38% 3.35% 3.35% 3.65%
1 Year CD Rate 4.14% 4.13% 3.99% 4.61%
Currency 14-May Prev_Day
Change
USD/INR 73.37 73.44 -0.07
GBP/INR 103.05 103.80 -0.75
EURO/INR 88.76 89.12 -0.36
JPY/INR 0.67 0.68 -0.01
Commodity 14-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 65.27 64.91 63.10 26.90
Brent Crude($/bl) 69.85 69.46 65.70 28.55
Gold( $/oz) 1842 1830 1736 1729
Gold(Rs./10 gm) 47569 47569 46391 40989
Source: Refinitiv
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17 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 14,714.95, a premium of 37.15 points
above the spot closing of 14,677.80. The turnover on NSE’s Futures and
Options segment fell to Rs. 25,40,178.09 crore on May 14, 2021, compared
with Rs. 80,06,586.12 crore on May 12, 2021.
• The Put-Call ratio stood at 0.86 compared with the previous session’s close
of 0.91.
• The Nifty Put-Call ratio stood at 1.11 compared with the previous session’s
close of 1.01.
• Open interest on Nifty Futures stood at 12.33 million, compared with the
previous session’s close of 13.05 million.
• Bond yields fell as the Reserve Bank of India (RBI) at its weekly government
securities auction did not accepted any bid for 10 year benchmark paper.
• Yield on the 10-year benchmark paper (5.85% GS 2030) fell 2 bps to close at
5.99% from the previous close of 6.01% after moving in a narrow range of
5.97% to 6.04%.
• According to the RBI’s data released in the weekly statistical supplement,
India’s foreign exchange reserves rose $1.444 billion to $589.465 billion in
the week ended May 07, 2021 from $588.020 billion in the previous week.
• Banks borrowed Rs. 58 crore under the central bank’s marginal standing
facility on May 12, 2021 compared with no borrowing on May 11, 2021.
• The Indian rupee rose against the U.S dollar on greenback sales by exporters’
and likely inflows in the domestic equity market.
• Euro rose against the U.S. dollar on recovery in risk appetite across markets,
after the U.S. Federal Reserve officials played down expectations of tighter
policy after accelerating U.S. inflation.
• Gold prices rose as the greenback remained under pressure after data
showed U.S. retail sales unexpectedly stalled in Apr 2021.
• Brent crude prices rose following gains in the global equity markets in U.S.
and Europe.
• According to preliminary data released by the University of Michigan, U.S.
consumer sentiment index surprisingly fell to 82.8 in May 2021 from 88.3 in
Apr 2021.
• According to the Commerce Department, U.S. business inventories increased
0.3% in Mar 2021, slower than upwardly revised 0.6% rise (0.5% advance
originally reported) in Feb 2021. Rise in business inventories was due to
wholesale inventories that surged 1.3% and manufacturing inventories rose
by 0.7%.
• According to a report released by the U.S. Federal Reserve, U.S. industrial
production rose 0.7% in Apr, slower than upwardly revised 2.4% surge in
Mar 2021. Rise in output was partially due to a rebound in utilities output.
Markets for You