Global Indices 21-May Prev_Day Abs. Change
Russell 3000 2,032 2,042 -9 -0.45
Nasdaq 13,471 13,536 -65 -0.48
FTSE 7,018 7,020 -2 -0.02
Nikkei 28,318 28,098 220 0.78
Hang Seng 28,458 28,450 8 0.03
Indian Indices 21-May Prev_Day Abs. Change
S&P BSE Sensex 50,540 49,565 976 1.97
Nifty 50 15,175 14,906 269 1.81
Nifty 100 15,409 15,164 244 1.61
Nifty 500 12,918 12,736 181 1.42
Nifty Bank 34,607 33,335 1,272 3.82
S&P BSE Power 2,825 2,785 40 1.44
S&P BSE Small Cap 23,130 22,980 150 0.65
S&P BSE HC 24,474 24,361 114 0.47
Date P/E Div. Yield P/E Div. Yield
21-May 31.57 0.85 29.48 0.97
Month Ago 32.59 0.83 31.97 1.00
Year Ago 19.42 1.21 21.14 1.67
Nifty 50 Top 3 Gainers
Company 21-May Prev_Day
HDFC Bank 1497 1433 4.50
SBI 401 385 4.33
IndusInd Bank 1016 976 4.15
Nifty 50 Top 3 Losers Domestic News
Company 21-May Prev_Day
GAIL 146 147 -1.09
Power Grid 228 229 -0.44
Indian Oil 104 105 -0.38
Advance Decline Ratio
Advances 1914 1202
Declines 1220 751
Unchanged 150 92
Institutional Flows (Equity)
FII Flows* 39712
MF Flows** -17623
May 2021; **18
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
• Indian equity markets went up on the last trading session of the week on
the back of strong buying interest in banking and financial services shares
after the country's largest public sector lender by assets reported record
profit in quarter ended Mar 2021. Further, reports of new coronavirus
infections remaining below the 3,00,000 mark for a fifth straight day, added
to bullish sentiment.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.97% and
1.81% to close at 50,540.48 and 15,175.30 respectively.
• The overall market breadth on BSE was strong with 1,914 scrips advancing
and 1,220 scrips declining. A total of 150 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Bankex was the major
gainer, up 3.73%, followed by S&P BSE Finance and S&P BSE Telecom, up
3.03% and 1.68%, respectively. S&P BSE Power and S&P BSE Utilities gained
1.44% and 1.12% respectively.
• Capital market regulator Securities and Exchange Board of India (SEBI) after
consultation with the Reserve Bank of India (RBI) decided to double the
amount of money that Alternative Investment Funds (AIFs)/Venture Capital
Funds (VCFs) can invest in overseas companies to $1.5 billion per year for
the entire industry.
• The Central Board of Directors of RBI ai its 589th meeting approved the
transfer of Rs. 99,122 crore as surplus to the Central Government for the
accounting period of nine months ended Mar 31, 2021 (Jul 2020-Mar 2021),
while deciding to maintain the Contingency Risk Buffer at 5.50%.
• Data from the Ministry of Petroleum & Natural Gas showed that crude oil
production during Apr 2021 stood at 2,493.26 thousand metric tonnes
(TMT) which was 1.16% higher than target but 2.07% lower than the
production during the same period of the previous year. Crude oil
processed during the same month was 19,884.70 TMT which was 1.82%
higher than the target and 34.86% higher compared to the same period of
the previous year.
• Data from the Reserve Bank of India showed that India’s foreign exchange
reserves rose by $563 million to $590.028 billion in the week ended May 14.
The increase can be attributed to a surge in the value of foreign currency
assets (FCA) and gold reserves held by RBI.
• SBI reported a standalone net profit of Rs. 6,450.75 crore for the quarter
ended Mar 2021, helped by lower bad loan charges The lender’s profit after
tax was 80.14% higher than previous year’s profit of Rs. 3,580.8 crore. The
bottom line increased by 24.14% on a quarterly basis.
• According to media reports, JSW Steel reported over 1,700% year-on-year
increase in consolidated net profit at Rs. 4,198 crore for the quarter ended
Mar 2021 as compared to Rs. 231 crore in the corresponding quarter of the
previous year. This was the highest ever quarterly net profit posted by the
company which came due to strong domestic demand supplemented by
exports and improved steel prices.
• Asian markets witnessed a mixed trend as positive vibes generated from
overnight gains in Wall Street, on the back of optimism over U.S. economic
recovery was neutralized by caution stance amid global inflation and
COVID-19 worries. Today (as on May 21), Asian markets opened on a
positive note following mixed movement on the Wall Street overnight.
Both Nikkei and Hang Seng rose 0.66% and 0.15%, respectively (as at 8 a.m.
• European markets mostly rose amid optimism about economic recovery
after positive euro zone PMI data and U.K. retail sales numbers.
• U.S. markets showed a mixed trend as a report showed U.S. initial jobless
claims once again dropped to their lowest level in over a year was an
anomaly and not a sign of an economic downturn.