Global Indices
Global Indices 18-May Prev_Day Abs. Change
% Change
Russell 3000 2,009 2,021 -12 -0.57
Nasdaq 13,304 13,379 -75 -0.56
FTSE 7,034 7,033 1 0.02
Nikkei 28,407 27,825 582 2.09
Hang Seng 28,594 28,194 400 1.42
Indian Indices 18-May Prev_Day Abs. Change
% Change
S&P BSE Sensex 50,193 49,581 613 1.24
Nifty 50 15,108 14,923 185 1.24
Nifty 100 15,325 15,134 191 1.26
Nifty 500 12,839 12,672 167 1.32
Nifty Bank 33,922 33,459 463 1.38
S&P BSE Power 2,752 2,692 59 2.21
S&P BSE Small Cap 22,848 22,559 289 1.28
S&P BSE HC 24,139 24,089 50 0.21
Date P/E Div. Yield P/E Div. Yield
18-May 31.90 0.85 30.53 0.97
Month Ago 33.95 0.74 32.84 0.98
Year Ago 18.57 1.26 20.26 1.73
Nifty 50 Top 3 Gainers
Company 18-May Prev_Day
% Change
M&M 798 754 5.86
Bajaj Auto 4067 3864 5.25
Titan Industries Limited 1539 1468 4.83
Nifty 50 Top 3 Losers Domestic News
Company 18-May Prev_Day
% Change
Bharti Airtel 536 550 -2.42
ITC 210 213 -1.20
Coal India 146 148 -1.15
Advance Decline Ratio
BSE NSE
Advances 1901 1201
Declines 1191 756
Unchanged 162 79
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 35816
MF Flows** -19523
*18
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.
19 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)
-7.30%
(Sep-20)
Quarter Ago
Inflow/Outflow
1
-1357
4.06%
(Jan-21)
• Indian equity markets edged higher with buying interest supported by
improvement over the decline in India's COVID-19 cases and positive cues
from Asian markets.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.24% and
1.24% to close at 50,193.33 and 15,108.10 respectively.
• The overall market breadth on BSE was strong with 1,901 scrips advancing
and 1,191 scrips declining. A total of 162 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Auto was the major gainer, up 3.19%
followed by S&P BSE Consumer Discretionary Goods & Services, up 2.5%
and S&P BSE Industrials, up 2.5%. S&P BSE Telecom was the major loser,
down 1.66% followed by S&P BSE FMCG, down 0.37%.
• Data from the Ministry of Mines showed that the index of mineral
production of mining and quarrying sector for the month of Mar 2021
(Base: 2011-12=100) stood at 139.0 which was 6.1% higher as compared to
the same period of the previous year. The cumulative growth for the period
from Apr to March of FY21 over the corresponding period of previous year

https://mf.nipponindiaim.com

stood at -7.8%.
• Capital market regulator Securities and Exchange Board of India (SEBI)
proposed a framework for setting up the Gold Exchange in India. Gold will
be traded in the form of electronic gold receipts (EGRs) and this will help in
having a transparent domestic spot price discovery mechanism.
• According to media reports, the government will sell nearly 2% stake in Axis
Bank Ltd. held through Specified Undertaking of the Unit Trust of India
(SUUTI). The move is expected to fetch around Rs. 3,969 crore to the
exchequer in divestment receipts.
• According to a major global credit rating agency, the second wave of
COVID-19 pandemic in India may adversely impact the companies' earnings
recovery. The rating agency is of the view that the increase in coronavirus
infection cases in the country has led to regional lockdowns which may
weaken the demand for goods and services and disrupt the recent recovery
trajectory.
• The Competition Commission of India (CCI) approved the acquisition of Yes
Asset Management (India) Ltd and Yes Trustee Limited by GPL Finance and
Investments Ltd.
• Tata Motors reported a consolidated net loss of Rs. 7,605.4 crore for the
quarter ended Mar 2021 due to a large write off related to subsidiary
Jaguar Land Rover (JLR). Tata Motors reported a consolidated net loss of
Rs. 9,894.3 crore due to similar write off of assets in JLR in the same period
of the previous year.
• Asian markets went up as investors hunted for bargains following a recent
sell-off on worries about inflation and a surge in coronavirus cases in a
number of Asian countries. Today (as on May 19), markets are trading low
following overnight weakness in Wall Street. While Hang Seng is closed due
to public holiday, Nikkei is down 1.33% (as at 8:00 AM IST).
• European markets largely closed lower with investors looking ahead to the
release of the Federal Reserve's latest monetary policy meeting, due later
during the day.
• U.S. markets closed in the red as disappointing data on housing starts, and a
sell-off in the technology sector weighed on the market.
Markets for You
FII Derivative Trade Statistics 18-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 5102.09 4215.66 12106.38
Index Options 313681.08 318177.46 114336.35
Stock Futures 14874.29 13816.51 105904.10
Stock Options 19452.95 19333.54 18476.23
Total 353110.41 355543.17 250823.06
18-May Prev_Day
Change
Put Call Ratio (OI) 1.39 1.40 -0.01
Put Call Ratio(Vol) 1.03 0.93 0.10
18-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.11% 3.21% 3.25% 3.84%
T-Repo 3.28% 3.26% 3.23% 3.16%
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% 3.35% 3.35% 3.40%
364 Day T-Bill 3.71% 3.72% 3.74% 3.68%
10 Year Gilt 5.98% 6.01% 6.09% 5.74%
G-Sec Vol. (Rs.Cr) 17239 15838 37812 36293
FBIL MIBOR 3.39% 3.45% 3.44% 4.42%
3 Month CP Rate 3.60% 3.60% 3.60% 4.55%
5 Year Corp Bond 6.26% 6.25% 6.61% 6.98%
1 Month CD Rate 3.42% 3.33% 3.18% 3.94%
3 Month CD Rate 3.38% 3.37% 3.32% 3.58%
1 Year CD Rate 4.14% 4.14% 3.99% 4.59%
Currency 18-May Prev_Day
Change
USD/INR 73.04 73.24 -0.21
GBP/INR 103.57 103.27 0.30
EURO/INR 88.98 88.89 0.09
JPY/INR 0.67 0.67 0.00
Commodity 18-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 65.44 65.26 63.11 31.33
Brent Crude($/bl) 70.40 69.50 65.78 33.77
Gold( $/oz) 1868 1837 1776 1732
Gold(Rs./10 gm) 47569 47569 47021 40989
Source: Refinitiv
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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19 May 2021
Derivatives Market
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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information contained in this material.
• Nifty May 2021 Futures stood at 15,144.85, a premium of 36.75 points
above the spot closing of 15,108.10. The turnover on NSE’s Futures and
Options segment rose to Rs. 36,49,247.31 crore on May 18, 2021, compared
with Rs. 33,06,583.10 crore on May 17, 2021.
• The Put-Call ratio stood at 0.92 compared with the previous session’s close
of 0.83.
• The Nifty Put-Call ratio stood at 1.39 compared with the previous session’s
close of 1.4.
• Open interest on Nifty Futures stood at 12.52 million, compared with the
previous session’s close of 12.59 million.
• Bond yields were little changed as market participants remained wary of
taking any positions on absence of fresh triggers.
• Yield on the 10-year benchmark paper (5.85% GS 2030) rose 1 bps to close at
5.98% from the previous close of 5.97% after moving in a narrow range of
5.97% to 5.98%.
• Banks borrowed Rs. 41 crore under the central bank’s marginal standing
facility on May 17, 2021 compared with nil borrowing on May 14, 2021.
• The Indian rupee gained against the U.S. dollar, as upbeat risk appetite in the
region led to a fall in the greenback index close to 3-month low
• Euro rose against the U.S dollar amid renewed expectations that the U.S. will
not increase interest rates anytime soon. A U.S. Federal Reserve official
reiterated that he does not expect interest rates to rise until next year.
• Gold prices rose on the back of a weaker greenback. However, elevated
yields on U.S. Treasuries capped the gains.
• Brent crude prices rose on expectations of demand recovery following
reopening of the European and U.S. economies. However, renewed concerns
over COVID-19 pandemic in Asia capped the gains.
• Data from the Office for National Statistics showed that the jobless rate in
U.K. fell 0.3% points to 4.8% in the first quarter of 2021. The employment
rate was estimated at 75%, up 0.2% from the previous quarter. The annual
growth in average earnings, including bonuses, came in at 4.0%.
• Flash data from Eurostat showed that Gross Domestic Product (GDP) of the
euro zone economy contracted 0.6% in the first quarter of 2021 as
compared to a contraction of 0.7% in the fourth quarter of 2020. On a
yearly basis, GDP fell 1.8% in the first quarter of 2021 as compared to a
contraction of 4.9% in the fourth quarter of 2020.
Markets for You