Motilal Oswal Global Dashboard – May 2025

The Motilal Oswal Global Market Snapshot provides a quick glance at index performances and economy updates from the Indian & global markets.

View the full report here

Indian Market Update

• Nifty 500 rose by 3.50% in May, supported by steady contributions from, Industrials, Consumer Discretionary, and Financial Services sector.
• FMCG and Utilities saw a downtrend during this period of -0.09% and -0.04% respectively.
• Broader market performance was positive, with Nifty 50 up 1.71% and Nifty Midcap 150 up 6.30% while Smallcap and Microcap indices recorded sharp gains.
• Factor-based indices such as Momentum and Quality delivered consistent gains, while Enhanced Value and Low Volatility also advanced.
• Government bond indices recorded modest gains, reflecting a stable trend across both 5-year and 10-year G-Sec benchmark.

Global Market Update

• S&P 500 posted a gain of 6.15% in May, with positive contributions from Information Technology and Consumer Discretionary, while Healthcare weighed on overall returns.
• Nasdaq 100 advanced by 9.04%, supported by strength in growth-oriented sectors, whereas Dow Jones saw a modest gain of 3.94%.
• Emerging markets were mixed, with Taiwan (+12.52%), Korea (+7.69%) and South Africa (+4.87%) seeing gains, supported ease in trade tension and planned tariff hike.
• Gold saw a drop of -0.74%, including easing geopolitical tensions, particularly in the US-China trade relationship, and a weakening of the safe-haven demand for gold.
• Cryptocurrencies saw varied performance with Bitcoin gaining 11.11% while Ethereum remained flat.

Economic Indicators

• India’s CPI inflation eased to 3.16% in the month of April, marking a steady moderation over recent months. The repo rate was reduced by 25 basis points to 6% in April, aligning with its accommodative stance to support economic growth.
• GST collections reached ₹2.01 Cr in May, marking a 16.4% increase compared to the same month in the previous year, indicating healthy consumption trends.
• Composite PMI for India rose to 61.2, indicating continued expansion in economic activity.
• U.S. CPI inflation stood at 2.3% in April, down from 2.4% in March, suggesting a moderation in price increases. The Fed funds rate was maintained at 4.30%, while the U.S composite PMI came in at 52.10, showing modest economic expansion.