Daily Market Pulse – India Edition Wednesday, May 14, 2025

• Currency Market

The Indian Rupee opened weaker today at 85.06/07 against the US Dollar, as the greenback lost momentum globally.

💡 Outlook: Intraday correction likely.

📊 Range: 84.85 – 85.35

• Equity Market

Markets opened on a strong note, rebounding sharply after Tuesday’s selloff. The key indices are now trading well above their 5-day moving average, signaling that the underlying uptrend remains intact.

• Bond Market

Bond yields are on an upward trajectory across tenors—from short- to long-term—indicating firming inflation expectations or selling pressure.🔺 Higher yields = Lower bond prices

• Commodity Market

·         Precious Metals: Gold, Silver, and Copper are undergoing a downward correction.

·         Base Metals: Aluminum and Zinc are showing positive momentum, diverging from the broader metal complex.

• ⚡ Energy Market

Energy counters are under pressure, with Crude Oil, Brent, Natural Gas, and Heating Oil all trading in the red—suggesting softer demand or inventory buildup.

• Key Takeaway:

Despite global uncertainties, Indian equities show resilience, while commodity and currency markets reflect broader macro corrections. Keep an eye on bond yields for clues on policy expectations.