Global Indices 24-May Prev_Day Abs. Change
Russell 3000 2,060 2,032 28 1.37
Nasdaq 13,661 13,471 190 1.41
FTSE 7,052 7,018 34 0.48
Nikkei 28,365 28,318 47 0.17
Hang Seng 28,412 28,458 -46 -0.16
Indian Indices 24-May Prev_Day Abs. Change
S&P BSE Sensex 50,652 50,540 111 0.22
Nifty 50 15,198 15,175 22 0.15
Nifty 100 15,445 15,409 37 0.24
Nifty 500 12,962 12,918 45 0.35
Nifty Bank 34,944 34,607 337 0.97
S&P BSE Power 2,879 2,825 54 1.89
S&P BSE Small Cap 23,292 23,130 161 0.70
S&P BSE HC 24,606 24,474 132 0.54
Date P/E Div. Yield P/E Div. Yield
24-May 31.51 0.87 29.52 0.97
Month Ago 32.94 0.82 32.07 1.00
Year Ago 18.79 1.24 20.97 1.69
Nifty 50 Top 3 Gainers
Company 24-May Prev_Day
Indian Oil 109 104 4.94
GAIL 152 146 4.08
SBI 412 401 2.70
Nifty 50 Top 3 Losers Domestic News
Company 24-May Prev_Day
Shree Cements Limited 26909 27623 -2.58
JSW Steel 681 698 -2.40
Tata Steel 1092 1113 -1.90
Advance Decline Ratio
Advances 1925 1202
Declines 1290 796
Unchanged 171 88
Institutional Flows (Equity)
FII Flows* 40044
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 closed in the green as robust quarterly earnings
result of major banks and easing asset quality woes boosted buying interest
in the finance sector. Additionally, steady decline in fresh COVID-19 cases in
India provided underlying support to such buying interest.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.22% and
0.15% to close at 50,651.90 and 15,197.70 respectively.
• The overall market breadth on BSE was strong with 1,925 scrips advancing
and 1,290 scrips declining. A total of 171 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Power was the major gainer, up 1.89%
followed by S&P BSE Oil & Gas, up 1.72% and S&P BSE Utilities, up 1.52%.
S&P BSE Telecom was the major loser, down 0.93% followed by S&P BSE
Metal, down 0.6% and S&P BSE FMCG, down 0.28%.
• According to the Ministry of Commerce and Industry, India has attracted
highest ever total Foreign Direct Investment (FDI) inflow of US$ 81.72
billion during FY21 and it is 10% higher as compared to the previous fiscal
(US$ 74.39 billion). FDI equity inflow grew by 19% in FY21 (US$ 59.64
billion) compared to the previous fiscal (US$ 49.98 billion). In terms of top
investor countries, ‘Singapore’ is at the apex with 29%, followed by the U.S.
and Mauritius. Computer Software & Hardware’ has emerged as the top
sector during FY21 with around 44% share of the total FDI Equity inflow
followed by Construction (Infrastructure) Activities (13%) and Services
Sector (8%) respectively.
• India and Israel signed a three-year work program agreement for
development in Agriculture cooperation as both the countries recognized
the importance of agriculture and water sectors in the bilateral
relationship. Both the countries will implement the “INDO-ISRAEL Villages
of Excellence” which is a new concept aimed at creating a model ecosystem
in agriculture across eight states, alongside 13 Centers of Excellence within
• According to media reports, industry players in the edible oil sector
cautioned the government against resorting to any measure of lowering
import duties to bring down down domestic prices. They are of the view
that such a measure will have an adverse impact on oilseed farmers for
which kharif planting will start in the coming few weeks.
• According to media reports, Barbeque Nation on Monday reported a
consolidated net profit of Rs 6.1 crore in the fourth quarter ended Mar 31,
2021 as against loss of Rs. 27 crore in same period of the previous year.
• According to media reports, higher education startup upGrad has acquired
video-enabled learning solutions platform Impartus for which it has
committed over Rs. 150 crore for the buyout and for investing in its growth
• Asian markets witnessed a mixed trend as investors awaited interest rate
decisions from multiple central banks across the region coupled with key
U.S. inflation readings for guidance on monetary policy. Today (as on May
24), Asian markets opened on a positive note following rise on the Wall
Street overnight. Both Nikkei and Hang Seng rose 0.39% and 0.20%,
respectively (as at 8 a.m. IST).
• European markets went up as continued optimism about global economic
recovery and the momentum in vaccination drive outweighing concerns
over inflation and fears about any monetary tightening by central banks.
• U.S. markets rose on economic optimism, as the country continues to
reopen following the Covid-19 pandemic. Technology stocks also rose
benefited from a rebound in the value of bitcoin.