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Closing Bell: Sensex down 1,282 pts, Nifty below 24,600; IT, FMCG worst hit
Market Close | Nifty below 24,600, Sensex slips 1,282 points
Indian benchmark indices ended on a negative note with Nifty below 24,600 on May 13. At close, the Sensex was down 1,281.68 points or 1.55 percent at 81,148.22, and the Nifty was down 346.35 points or 1.39 percent at 24,578.35.
We wrap up today's edition of the Moneycontrol live market blog, and will be back tomorrow morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.
Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities
After witnessing a stellar upmove on Monday, Nifty slipped into weakness subsequently on Tuesday and closed the day lower by 346 points. After opening with a negative note, the market witnessed selling pressure since opening and the weakness amidst range movement continued in the mid to later part of the session.
A reasonable negative candle was formed on the daily chart that placed beside the long bull candle of previous session. Tuesday's weakness has partially erased the hefty gains made on Monday.
The upside breakout of 12th May is still intact and the Nifty is currently placed at the key lower supports of 24600-24500 levels (support as per change in polarity and the mid part of long bull candle of 12th May).
The short-term uptrend remains intact and the Nifty is expected to show bounce back from near the crucial supports of around 24500-24400 levels in the next few sessions. Immediate resistance is placed at 24800 levels.
Shrikant Chouhan, Head-Equity Research, Kotak Securities
Today, the benchmark indices witnessed profit booking at higher levels. The Nifty ends 346 points lower, while the Sensex was down by 1281 points. Among sectors, the Defense index outperformed, rallied 4.10 percent, whereas the IT index lost the most, shed nearly 2.5 percent.
Technically, after a muted open, the market consistently faced selling pressure at higher levels. On daily charts, it has formed a bearish candle, which supports temporary weakness. However, the short term texture of the market is still in to the positive side. For traders now, 24,500/81000 and 24,450/80800 would act as key support zones. If the market succeeds in trading above these levels, it could retest the level of 24,800–24,900/81800-82000. On the flip side, below 24,450/80800, the uptrend would become vulnerable. If the market falls below this level, traders may prefer to exit their long positions.
Earnings Watch | Tata Motors Q4 net profit down at Rs 8,470 crore, revenue down at Rs 1.19 lakh crore
#1 Net profit down 51.2% at Rs 8,470 crore versus Rs 17,353 crore, YoY
#2 Revenue down 0.8% at Rs 1.19 lakh crore versus Rs 1.20 lakh crore, YoY
#3 EBITDA down 0.01%% at Rs 16,992 crore versus Rs 16,993 crore, YoY
#4 Margin flat at 14.2 percent, YoY
Rupak De, Senior Technical Analyst at LKP Securities
The index slipped lower as traders booked short-term profits. However, sentiment is likely to remain positive in the near term, despite some profit-taking following the recent sharp rise. The index continues to trade above the short-term moving average, confirming a bullish trend. Additionally, it has been sustaining above the previous consolidation zone. In the short term, the index may continue its upward movement with the potential to reach 25,350. On the downside, support is placed at 24,400. A buy-on-dips strategy may be favorable as long as the index remains above this level.
Sensex Today | April CPI Inflation at 3.16% versus 3.34%, MoM
Ajit Mishra – SVP, Research, Religare Broking
Markets took a breather after a phenomenal start to the week, ending the session with a loss of over one percent. After a flat opening, the Nifty index gradually drifted lower throughout the day and finally settled at 24,578.35. Profit-taking was evident across the board, with IT, FMCG, and auto sectors emerging as the top losers. In contrast, stocks from PSU banking, pharma, and the defense space managed to edge higher. The broader markets showed a mixed trend, with the small-cap index ending in the green, while the mid-cap index closed nearly unchanged.
The dip in the index reflects caution among participants despite easing geopolitical tensions and stable global cues. However, we expect the overall tone to remain positive, given the noticeable support in the 24,400–24,600 zone. The focus should remain on identifying key sectors and themes showing relative strength and using intermediate pauses to accumulate quality stocks.
Vinod Nair, Head of Research, Geojit Investments
The domestic market witnessed profit booking today, following yesterday’s sharp rally. The relief-driven surge—fuelled by easing global and domestic risks, including a reduction in trade war tensions and Indo-Pak geopolitical stress—appears to be taking a breather. This consolidation is primarily affecting large-cap stocks, while mid- and small-cap segments continue to gain traction. This divergence is expected to persist, supported by broad-based earnings improvements reflected in Q4 results so far.
Looking ahead, there is increasing optimism around FY26 earnings growth, underpinned by supportive fiscal and monetary policies, a rebound in external demand, a favorable monsoon outlook, and declining inflation and interest rates. These factors collectively suggest that midcaps are well-positioned to catch up and potentially outperform in the coming quarters.
Stock Markets LIVE Updates | Gensol Engineering shares locked 5% upper circuit on MD resignation
Anmol Singh Jaggi, Managing Director and Puneet Singh Jaggi, a Whole-time Director tendered their resignation.
The share price locked at upper circuit, after locking at lower circuit for the previous 22 sessions.
Vaibhav Vidwani, Research Analyst at Bonanza
Today, the Indian stock market closed sharply lower after the previous session's historic gains. The Sensex fell by about 1,282 points (around 1.5%), ending near 81,148, while the Nifty 50 declined approximately 346 points (-1.39%) to close at 24,578. Key heavyweights like Infosys dropped over 3%, dragging the IT index down by more than 2.42%, while financials and FMCG also saw notable declines.
The downside was primarily triggered by profit-taking and cautious investor sentiment following the sharp run-up, coupled with concerns over mixed corporate earnings results and global cues.
Defensive sectors like PSU banks and pharma showed resilience, with some stocks such as Bharat Electronics and Hindustan Aeronautics gaining 3-7%, reflecting ongoing interest in defence amid geopolitical developments. Going forward, investors will closely watch upcoming inflation data and quarterly earnings for further direction, with expectations of volatility but underlying bullishness intact.
Earnings Watch | Siemens Q2 net profit down 27.4% at Rs 582.5 crore Vs Rs 803 crore, YoY
Dilip Parmar – Senior Research Analyst, HDFC Securities
The Indian rupee relinquished intraday gains as domestic equities weakened and traders unwound their long positions. This downturn was further exacerbated by broader weakness in Asian currencies. Meanwhile, rising crude oil prices prompted Indian oil importers to increase their hedging activities.
Looking ahead, the USDINR spot rate is expected to encounter resistance around 86.30 and find support near 84.70.
Currency Check | Rupee closes flat
Indian rupee ended flat at 85.34 per dollar on Tuesday versus Friday's close of 85.37.
Market Close | Sensex down 1,282 pts, Nifty below 24,600; IT, FMCG worst hit
Indian benchmark indices ended on a negative note with Nifty below 24,600 on May 13.
At close, the Sensex was down 1,281.68 points or 1.55 percent at 81,148.22, and the Nifty was down 346.35 points or 1.39 percent at 24,578.35. About 2507 shares advanced, 1311 shares declined, and 131 shares unchanged.
BSE Midcap index ended flat, while Smallcap index added1 percent.
Among sectors, capital goods, media, PSU Bank, pharma indices rose 1-1.6 percent, while IT, metal, FMCG, oil & gas, realty indices shed 0.9-2.5 percent.
Power Grid Corp, Infosys, Eternal, TCS, HCL Technologies were among top losers on the Nifty, while gainers included Bharat Electronics, Jio Financial, Hero MotoCorp, Dr Reddy's Labs and Sun Pharma.
Anuj Choudhary – Research Analyst at Mirae Asset Sharekhan
Indian Rupee opened strong amid ceasefire between India and Pakistan and easing trade tariff tensions after US and China slashed proposed increase in tariffs on each other. However, Rupee lost all gains on rising crude oil prices, strong US Dollar and weak domestic markets.
We expect Rupee to trade with a positive bias amid de-escalating geopolitical tensions between India and Pakistan on the back of ceasefire. Rise in risk appetite in global markets amid easing trade tariff tensions between US and China. However, surge in global crude oil prices and fall in domestic markets may weigh on the rupee. Any FII outflows may also pressurise the Rupee. Traders may take cues from CPI inflation data from the US. USDINR spot price is expected to trade in a range of Rs 85 to Rs 86.
Sensex Today | 1.31 million shares of Nuvoco Vistas Corporation change hands in block trade: Bloomberg
Earnings Watch | Aditya Birla Capital Q4 net profit at Rs 864 crore versus Rs 1237 crore, YoY
Brokerage Call | Jefferies maintains ‘buy’ rating on UPL, target raised to Rs 810
#1 Posted strong EBITDA growth of 68 percent YoY in Q4
#2 Healthy cash flows and lower working capital improved balancesheet
#3 Net debt/EBITDA sharply reduced to 1.7x
Sensex Today | 3.24 million shares of Bajaj Housing traded in a block: Bloomberg
Brokerage Call | CLSA retains ‘hold’ rating on Tata Steel, target at Rs 145
#1 Consolidated adjusted EBITDA in-line
#2 Standalone volume growth of 3 percent YoY helped by capacity ramp-up & seasonal strength
#3 Losses in Europe fell due to Netherlands returning to profitability
#4 Guided for Rs 11,500 crore cost reduction in FY26 across India, UK & Netherlands
#5 Translation of savings into EBITDA & cash flow will be key to watch
Sensex Today | 1.08 million shares of Canara Bank traded in block: Bloomberg
Sensex Today | Nifty IT index sheds more than 2%; Infosys, HCL Technologies, TCS, among major losers
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Infosys | 1,570.00 | -3.5 | 11.19m |
| HCL Tech | 1,620.40 | -2.99 | 2.59m |
| TCS | 3,515.00 | -2.91 | 2.67m |
| Wipro | 251.38 | -2.29 | 9.87m |
| LT Technology | 4,359.50 | -2.01 | 94.62k |
| Persistent | 5,760.00 | -1.98 | 535.73k |
| MphasiS | 2,492.60 | -1.57 | 232.54k |
| COFORGE LTD. | 8,257.50 | -0.65 | 560.71k |
| LTIMindtree | 4,911.40 | -0.59 | 474.44k |
| Tech Mahindra | 1,570.30 | -0.18 | 3.20m |
Markets@3 | Sensex, Nifty trade lower
The Sensex was down 1,269.94 points or 1.54 percent at 81,159.96, and the Nifty was down 343.55 points or 1.38 percent at 24,581.15. About 2292 shares advanced, 1236 shares declined, and 101 shares unchanged.
| Index | CMP Chg(%) | YTD(%) 1 Week(%) | 1 Month(%) 1 Year(%) |
|---|---|---|---|
| BSE Auto | 51927.46 -0.92 | 0.51 2.02 | 12.75 1.37 |
| BSE Cap Goods | 65918.15 0.99 | -2.75 6.12 | 12.59 6.65 |
| BSE FMCG | 20510.43 -1.08 | -1.26 -0.46 | 1.71 3.22 |
| BSE Metal | 29827.35 -0.97 | 3.24 3.75 | 7.45 -3.54 |
| BSE Oil & Gas | 26586.40 -0.95 | 2.00 -0.15 | 8.36 -3.79 |
| BSE Realty | 6713.52 -0.83 | -18.47 1.26 | 9.73 -9.47 |
| BSE IT | 36705.15 -2.19 | -15.01 4.41 | 13.64 8.63 |
| BSE Healthcare | 41986.15 0.93 | -7.27 -0.06 | 3.93 19.64 |
| BSE Power | 6608.03 -1.01 | -5.13 1.65 | 1.44 -7.77 |
| BSE Cons Durables | 58527.62 0.14 | -9.17 4.08 | 6.25 12.76 |
Brokerage Call | Nomura keeps ‘reduce’ rating on ABB India, target at Rs 4,970
#1 Q1 below consensus estimates, decent order inflows
#2 Order inflows 4 percent higher vs estimate, base order inflows grew 9.6 percent YoY
Global Markets | European indices trade flat; Dow Futures down marginally
Sensex Today | Nifty Midcap index falls more than 200 points from day's high; trades flat
| Company | CMP | High Low | Fall from Day's High |
|---|---|---|---|
| Premier Energie | 1,021.55 | 1,022.00 985.30 | -0.04% |
| BSE Limited | 7,280.00 | 7,284.00 6,981.50 | -0.05% |
| Max Healthcare | 1,177.00 | 1,178.20 1,152.10 | -0.1% |
| Kalyan Jeweller | 555.75 | 556.75 536.60 | -0.18% |
| Indian Bank | 584.10 | 585.65 569.00 | -0.26% |
| Jubilant Food | 705.50 | 707.55 692.05 | -0.29% |
| Federal Bank | 198.40 | 198.99 194.01 | -0.3% |
| MRF | 140,645.00 | 141,070.00 139,000.00 | -0.3% |
| NTPC Green Ener | 102.05 | 102.40 100.52 | -0.34% |
| PB Fintech | 1,725.00 | 1,731.00 1,656.80 | -0.35% |
| KPIT Tech | 1,349.90 | 1,355.00 1,315.00 | -0.38% |
| Alkem Lab | 5,102.00 | 5,125.00 5,025.00 | -0.45% |
| Polycab | 6,021.50 | 6,054.50 5,952.50 | -0.55% |
| Suzlon Energy | 57.84 | 58.17 56.71 | -0.57% |
| Union Bank | 131.09 | 131.85 127.36 | -0.58% |
| Cochin Shipyard | 1,583.00 | 1,592.50 1,535.00 | -0.6% |
| Patanjali Foods | 1,820.00 | 1,831.40 1,798.00 | -0.62% |
| Solar Ind | 13,561.00 | 13,650.00 13,290.00 | -0.65% |
| Mankind Pharma | 2,548.00 | 2,564.70 2,500.00 | -0.65% |
| Glenmark | 1,419.10 | 1,428.50 1,383.70 | -0.66% |
Brokerage Call | CLSA keeps ‘outperform’ rating on Hindalco Industries, target at Rs 815
#1 Novelis adjusted EBITDA largely in-line, higher profitability partly offset by lower volume
#2 Novelis 4Q EBITDA/t up 22 percent QoQ on better beverage can pricing
#3 Novelis did not provide short-term margin guidance
#4 Novelis reiterated peak net leverage to stay below 3.5x
Earnings Watch | Patel Engineering Q4 net profit down 73% at Rs 38 crore versus Rs 140 crore, YoY
Earnings Watch | Arkade Developers Q4 net profit up 70% at Rs 33.3 crore Vs Rs 19.6 crore, YoY
Earnings Watch | Jubilant Ingrevia Q4 net profit at Rs 74 crore Vs Rs 29 crore, YoY
Earnings Watch | Gail India Q4 net profit down 47% at Rs 2,049 crore Vs Rs 3,867 crore, QoQ
Earnings Watch | Hero MotoCorp Q4 net profit up 6.4% at Rs 1,081 crore Vs Rs 1,016 crore, YoY
Stock Market LIVE Update | Vishal Mega Mart stocks rise above 8%
Stock Market LIVE Update | Bajaj Housing has 3.2 million shares traded in a block
Stock Market LIVE Update | IT sector's rewind momentum: Top losing sector after yesterday's leading gains
At 2:30 pm, Nifty IT was down by 2.26% while S&P BSE IT was 2.12% down
Earnings Update | Cipla Q4
Cipla Q4
Net Profit At `1,214 Cr Vs CNBC-TV18 Poll Of `1,052 Cr
Revenue At `6,730 Cr Vs CNBC-TV18 Poll Of `6,700 Cr
EBITDA At `1,537 Cr Vs CNBC-TV18 Poll Of `1,582 Cr
Margin At 22.84% Vs CNBC-TV18 Poll Of 24%
Net Profit (GU)30.3% At Rs 1,214 Cr Vs Rs 931 Cr (YoY)
Revenue (GU)9.2% At Rs 6,729 Cr Vs Rs 6,163 Cr (YoY)
EBITDA (GU)16.80% At Rs 1,537 Cr Vs Rs 1,316 Cr (YoY)
Margin At 22.84% Vs 21% (YoY)
US Market | US Stock Futures drop before key inflation data
US Futures point to a 0.4% drop for the S&P 500 and 0.5% decline for the Nasdaq 100
Stock Market LIVE Update | Shriram Finance upgraded to BB+ by Fitch
Fitch: Outlook remains the same
Upgrade from BB to BB+ driven by an improved credit profile and supportive operating environment
Stock Market LIVE Update | Phoenix Mills reinstated Reduce at Axis Capital
Target price Rs 1470, implies a 3.6% decrease from last price
Markets@2 | Sensex dips 1268 points, Nifty below 24600
The Sensex was down 1,268.05 points or 1.54 percent at 81,161.85, and the Nifty was down 337.45 points or 1.35 percent at 24,587.25. About 2200 shares advanced, 1290 shares declined, and 108 shares unchanged.
Stock Markets LIVE Updates | Nifty PSU Bank up 1.5%, Nifty IT index down 2%
| Index | CMP Chg(%) | YTD(%) 1 Week(%) | 1 Month(%) 1 Year(%) |
|---|---|---|---|
| NIFTY Auto | 23157.05 -1.04 | 1.41 1.84 | 12.69 3.09 |
| NIFTY IT | 37456.35 -2.16 | -13.57 4.42 | 14.40 13.25 |
| NIFTY Pharma | 21345.80 1.15 | -8.83 -0.88 | 4.32 12.71 |
| NIFTY FMCG | 56270.60 -1.45 | -0.93 -1.08 | 0.95 1.68 |
| NIFTY PSU Bank | 6566.75 1.47 | 0.40 5.32 | 6.41 -6.02 |
| NIFTY Metal | 8839.35 -0.84 | 2.19 3.69 | 8.22 -2.81 |
| NIFTY Realty | 863.05 -1.09 | -17.99 0.87 | 9.23 -8.86 |
| NIFTY Energy | 34581.90 -0.44 | -1.72 2.40 | 6.70 -11.03 |
| NIFTY Infra | 8886.55 -1.04 | 5.00 0.75 | 7.71 7.01 |
| NIFTY Media | 1608.45 1.15 | -11.52 6.66 | 6.96 -9.05 |
Results Today | ITD Cementation India, Jubilant Ingrevia, Metropolis Healthcare, Max Financial, among others to announce earnings today
Tata Motors, Hero MotoCorp, Bharti Airtel, Siemens, Bharti Hexacom, Aditya Birla Capital, GAIL India, GlaxoSmithKline Pharmaceuticals, Garden Reach Shipbuilders & Engineers, ITD Cementation India, Jubilant Ingrevia, Metropolis Healthcare, Max Financial Services, Suven Life Sciences, VIP Industries, and VST Tillers Tractors will announce their quarterly earnings scorecard on May 13.
Currency Check | Rupee erases most of day's gain
Indian rupee erased most of the opening gains but trading 14 paise higher at 85.23 per dollar versus Friday's close of 85.37.
Earnings Watch | Care Ratings’ Q4 consolidated profit up 77%, revenue up 21%
#1 Profit zooms 76.7 percent to Rs 43.4 crore Vs Rs 24.6 crore, YoY
#2 Revenue grows 21.6 percent to Rs 109.7 crore Vs Rs 90.1 crore, YoY
#3 Board recommended a final dividend of Rs 11 per share
Sensex Today | BSE Realty index down 1%; Macrotech Developers, Oberoi Realty top contributors
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Macrotech Dev | 1,270.30 | -2.74 | 38.92k |
| SignatureGlobal | 1,166.80 | -2.54 | 11.97k |
| Oberoi Realty | 1,579.00 | -2.47 | 9.48k |
| Godrej Prop | 2,100.00 | -2.21 | 15.64k |
| Prestige Estate | 1,347.00 | -1.39 | 6.00k |
| Sobha | 1,312.55 | -1 | 4.85k |
| DLF | 678.40 | -0.35 | 1.57m |
Earnings Watch | Cipla Q4 net profit at Rs 1,214 crore and revenue at Rs 6,730 crore
Sensex Today | Nifty Media index up 1%; Zee Entertainment, Nazara Technologies, Den Network top contributors
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Zee Entertain | 121.55 | 3.76 | 14.45m |
| Nazara | 1,191.50 | 2.2 | 1.24m |
| Den Networks | 33.65 | 1.36 | 587.51k |
| Tips Music | 635.95 | 1.08 | 70.54k |
| Hathway Cable | 14.33 | 0.99 | 3.32m |
| Network 18 | 45.43 | 0.51 | 2.05m |
| Sun TV Network | 619.75 | 0.4 | 117.27k |
Earnings Watch | NIIT Q4 net profit up 18% at Rs 13.1 crore versus Rs 11.1 crore, YoY
Small, midcap indices hold firm as Nifty, Sensex cool off in search of next triggers
Nifty Smallcap index has now surged over 5 percent this week so far, while Nifty Midcap index gained over 4.8 percent. This comes as easing India-Pakistan tensions and cooling of the trade war between US and China among other factors were positively welcomed by the market....Read More
Earnings Watch | Raymond’s Q4 consolidated profit up 101%, revenue jumps 109%
#1 Profit from continuing operations grows 101 percent to Rs 25.4 crore Vs Rs 12.7 crore, YoY
#2 Revenue jumps 109.7 percent to Rs 557.5 crore Vs Rs 265.9 crore, YoY
Sensex Today | BSE FMCG index sheds 1.2%; Jyothy Labs, United Breweries, among top losers
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Jyothy Labs | 336.15 | -4.01 | 55.24k |
| United Brewerie | 2,047.25 | -3.55 | 8.86k |
| Manorama Indust | 1,381.80 | -3.53 | 9.05k |
| Britannia | 5,469.25 | -2.49 | 9.82k |
| TATA Cons. Prod | 1,119.15 | -2.25 | 142.69k |
| ITC | 426.60 | -2.04 | 638.90k |
| Emami | 623.00 | -1.81 | 5.95k |
| Marico | 726.90 | -1.52 | 88.27k |
| Eveready Ind | 308.90 | -1.48 | 5.11k |
| Bikaji Foods | 693.15 | -1.48 | 3.26k |
| Sundrop Brands | 811.40 | -1.45 | 412 |
| Godrej Consumer | 1,270.95 | -1.4 | 9.09k |
| Chaman Lal Seti | 318.30 | -1.23 | 1.05k |
| Sanstar | 88.73 | -1.22 | 12.07k |
| Andrew Yule | 27.53 | -1.18 | 67.99k |
| Zydus Wellness | 1,793.90 | -1.14 | 735 |
| HUL | 2,356.75 | -1.1 | 161.06k |
| GRM Overseas | 294.90 | -1.07 | 13.73k |
| Bombay Burmah | 1,775.00 | -1.05 | 1.47k |
| Nestle | 2,358.50 | -1.01 | 18.83k |
Results Today | Jubilant Ingrevia, Metropolis Healthcare, Max Financial, Suven Life, among others to announce earnings today
Tata Motors, Hero MotoCorp, Bharti Airtel, Siemens, Bharti Hexacom, Aditya Birla Capital, Cipla, GAIL India, GlaxoSmithKline Pharmaceuticals, Garden Reach Shipbuilders & Engineers, ITD Cementation India, Jubilant Ingrevia, Metropolis Healthcare, Max Financial Services, Suven Life Sciences, VIP Industries, and VST Tillers Tractors will announce their quarterly earnings scorecard on May 13.
Sensex Today | Suven Life to issue up to 6.4 crore convertible warrants on preferentila basis
Stock Markets LIVE Updates | Bharat Dynamics shares gain most in a year
Sensex Today | Piramal Pharma: to invest USD 90 mn in US
Piramal Pharma commits to a USD 90 million investment plan towards expanding two of the Company’s US facilities.
Brokerage Call | Nomura retains ‘neutral’ rating on Britannia Industries, target at Rs 5,875
#1 Sharp price hike & volumes improve visibility for FY26
#2 Moderation in RM cost with recent price hike to drive margin recovery
#3 Rich valuations cap upside
Sensex Today | Nifty Bank index down 0.7%; IndusInd Bank, Kotak Mahindra Bank top losers
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| IndusInd Bank | 773.75 | -1.87 | 6.51m |
| Kotak Mahindra | 2,106.10 | -1.81 | 2.21m |
| HDFC Bank | 1,924.30 | -1.68 | 6.51m |
| ICICI Bank | 1,429.50 | -1.31 | 6.53m |
| AU Small Financ | 699.20 | -0.6 | 942.17k |
| Axis Bank | 1,197.10 | -0.49 | 3.15m |
| SBI | 801.30 | -0.04 | 8.90m |
Sensex Today | India Volatility index up nearly 1%
Markets@1 | Sensex down 1220 points, Nifty at 24600
The Sensex was down 1,221.54 points or 1.48 percent at 81,208.36, and the Nifty was down 315.35 points or 1.27 percent at 24,609.35. About 2258 shares advanced, 1182 shares declined, and 110 shares unchanged.
Stock Markets LIVE Updates | Arbitral Tribunal rejects all claims of Aditya Birla Finance against Zee Entertainment
Global Markets | Asian Markets trade higher; Dow Futures flat
Results Today | Tata Motors, Hero MotoCorp, Bharti Airtel, Siemens, among others to announce earnings today
Tata Motors, Hero MotoCorp, Bharti Airtel, Siemens, Bharti Hexacom, Aditya Birla Capital, Cipla, GAIL India, GlaxoSmithKline Pharmaceuticals, Garden Reach Shipbuilders & Engineers, ITD Cementation India, Jubilant Ingrevia, Metropolis Healthcare, Max Financial Services, Suven Life Sciences, VIP Industries, and VST Tillers Tractors will announce their quarterly earnings scorecard on May 13.
Brokerage Call | Elara Securities downgrades ABB India to 'reduce' from 'accumulate' with target of Rs 5580
Market Updates | Sensex down 1040 points, Nifty below 24700
The Sensex was down 1,045.80 points or 1.27 percent at 81,384.10, and the Nifty was down 262.30 points or 1.05 percent at 24,662.40. About 2304 shares advanced, 1114 shares declined, and 121 shares unchanged.
| Company | CMP | Chg(%) | 3 Days Ago Price |
|---|---|---|---|
| Inspirisys Solu | 110.78 | 43.55 | 77.17 |
| Ginni Filaments | 37.16 | 34.54 | 27.62 |
| Dynamic Cables | 733.05 | 34.06 | 546.80 |
| Man Industries | 336.20 | 28.37 | 261.90 |
| K.P. Energy | 420.75 | 22.83 | 342.55 |
| K.P. Energy | 420.75 | 22.83 | 342.55 |
| Birla Corp | 1,297.20 | 22.68 | 1,057.40 |
| IFGL Refractory | 447.55 | 21.50 | 368.35 |
| Linc | 133.60 | 21.25 | 110.19 |
| Linc | 133.60 | 21.25 | 110.19 |
Sensex Today | BSE Healthcare index rises 1%; Suven Life Sciences jumps 13%
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Suven Life Sci | 172.55 | 12.93 | 187.38k |
| Dishman Carboge | 212.05 | 8.41 | 60.33k |
| Tarsons Product | 401.20 | 7.34 | 5.08k |
| Aarti Drugs | 459.40 | 7.31 | 56.84k |
| Marksans Pharma | 235.30 | 5.61 | 170.15k |
| Blue Jet | 770.55 | 4.94 | 10.84k |
| SOLARA ACTIVE P | 546.45 | 4.24 | 3.51k |
| Yatharth HOSP | 503.70 | 4.06 | 8.08k |
| Granules India | 477.45 | 3.87 | 44.10k |
| GlaxoSmithKline | 2,823.55 | 3.76 | 4.12k |
| Ajanta Pharma | 2,571.50 | 3.68 | 2.27k |
| Shilpa | 673.85 | 3.48 | 5.93k |
| SMS Pharma | 253.90 | 3.46 | 32.27k |
| Lincoln Pharma | 592.75 | 3.4 | 2.28k |
| Alivus Life | 1,134.15 | 3.28 | 1.14k |
| Divis Labs | 6,131.60 | 3.21 | 12.42k |
| IOL Chemicals | 67.00 | 3.14 | 39.97k |
| RPG Life | 2,155.55 | 3.1 | 2.34k |
| Caplin Labs | 2,003.40 | 3.09 | 6.90k |
| Vimta Labs | 1,010.00 | 2.9 | 4.71k |
Stock Market LIVE Updates | Swiggy has 5.61 million traded in another block
# Swiggy has 5.61 million traded in another block
# 1.01 million shares of Swiggy traded in another block: Bloomberg
Stock Market LIVE Updates | Premier Explosives receives Telangana unit closure orders
The company has received closure orders from the Telangana Pollution Control Board in Hyderabad, instructing it to stop all industrial activities with immediate effect at its factory in Yadadri-Bhuvanagiri, Telangana. The accident occurred at the factory on April 29, 2025.
Brokerage Call | Prabhudas Lilladher reiterates 'neutral' rating on Britannia Industries, target Rs 5,850
Earnings Watch | Carborundum Universal’s Q4 consolidated profit down 79%, revenue rises
#1 Profit tanks 78.9 percent to Rs 30.1 crore Vs Rs 142.6 crore, YoY
#2 Revenue rises 1.3 percent to Rs 1,217.1 crore Vs Rs 1,201.2 crore, YoY
Majority of Chinese defence stocks are trading with major cuts: Investing.com
#1 Hang Seng China A Aerospace & Defence Index is down nearly 3%
#2 AVIC Chengdu Aircraft slides 7%, Sun-Create Electronics down 6%
Stock Markets LIVE Updates | 3.1 million shares of Bajaj Housing traded in a block: Bloomberg
Brokerage Call | CLSA keeps ‘outperform’ rating on Hindalco Industries, target at Rs 815
#1 Novelis adjusted EBITDA largely in-line, higher profitability partly offset by lower volume
#2 Novelis 4Q EBITDA/t up 22 percent QoQ on better beverage can pricing
#3 Novelis did not provide short-term margin guidance
#4 Novelis reiterated peak net leverage to stay below 3.5x
Smallcaps, IT may now catch investors' attention even as index consolidates
The BSE Smallcap index has 979 constituent stocks and nearly 760 of those were trading higher on May 13, with some of the top gainers in the range of 5-10 percent, even as the benchmark index is struggling to shake off selling pressure. ...Read More
Sensex Today | Redington, Bharti Hexacom, Dalmia Bharat, among others hit 52-week high
| Company | 52-Week High | Day’s High | CMP |
|---|---|---|---|
| Redington | 281.95 | 281.95 | 275.05 |
| City Union Bank | 188.75 | 188.75 | 188.50 |
| Dalmia Bharat | 2020.90 | 2020.90 | 2,006.50 |
| APL Apollo | 1747.90 | 1747.90 | 1,730.00 |
| Aster DM Health | 553.90 | 553.90 | 545.95 |
| Bharti Hexacom | 1778.90 | 1778.90 | 1,699.95 |
Currency Check | Rupee trades higher
Indian rupee is trading 47 paise higher at 84.90 per dollar versus Friday's close of 85.37.
Stock Markets LIVE Updates | Gail India share price trade lower ahead of Q4 results
Markets@12 | Nifty around 24700, Sensex down 830 points
The Sensex was down 836.46 points or 1.01 percent at 81,593.44, and the Nifty was down 212.80 points or 0.85 percent at 24,711.90. About 2380 shares advanced, 1003 shares declined, and 112 shares unchanged.
| Company | Quantity | Price | Value(Cr) |
|---|---|---|---|
| Linde India | 10000 | 5996.7 | 6 |
| DSP Liquid ETF | 10900 | 1000 | 1.09 |
| Linde India | 9211 | 5996.7 | 5.52 |
| G G Engineering | 201097 | 1.74 | 0.03 |
| Lupin | 10405 | 2345 | 2.44 |
| GTL Infra | 200000 | 2.05 | 0.04 |
| Mangalam Ind | 460000 | 3.69 | 0.17 |
| PC Jeweller | 255838 | 15.8 | 0.4 |
| WAAREE TECH | 200025 | 482.15 | 9.64 |
| KBC Global | 250000 | 1.73 | 0.04 |
Stock Markets LIVE Updates | Lupin launches Tolvaptan tablets in the US market
Following the recent approval received from the United States Food and Drug Administration (USFDA), Lupin announced the launch of Tolvaptan Tablets, 15 mg, 30 mg, 45 mg, 60 mg, and 90 mg in the United States.
Lupin holds the exclusive first-to-file status for this product and will have 180-day generic drug exclusivity.
Sensex Today | Tata Motors, Hero MotoCorp trade lower ahead of Q4 earnings
Sensex Today | Nifty IT index down 1.3%; Infosys, HCL Technologies, Wipro, among top losers
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Infosys | 1,583.90 | -2.64 | 4.78m |
| HCL Tech | 1,641.70 | -1.71 | 1.27m |
| Wipro | 252.96 | -1.68 | 6.03m |
| TCS | 3,564.00 | -1.56 | 971.92k |
| LT Technology | 4,401.90 | -1.06 | 53.35k |
| MphasiS | 2,511.50 | -0.83 | 111.43k |
| Persistent | 5,855.00 | -0.37 | 296.89k |
Sensex Today | 1.71 million shares of IDFC First Bank traded in a block: Bloomberg
Brokerage Call | HSBC upgrades IIFL Finance to ‘buy’, target raises to Rs 550 from Rs 380
#1 Recovery in Microfin, higher system liquidity & lower CoF to drive EPS recovery
#2 Potential risks are higher competition in gold loans
#3 Revise FY26/FY27 EPS estimates by -6 percent/+0.5 percent
Smallcaps, IT may now catch investors' attention even as index consolidates
The BSE Smallcap index has 979 constituent stocks and nearly 760 of those were trading higher on May 13, with some of the top gainers in the range of 5-10 percent, even as the benchmark index is struggling to shake off selling pressure. ...Read More
Earnings Watch | Morepen Laboratories’ Q4 consolidated profit declines 28%, revenue up 10%
#1 Profit falls 28.2 percent to Rs 20.3 crore Vs Rs 28.3 crore, YoY
#2 Revenue grows 10.1 percent to Rs 465.9 crore Vs Rs 423.1 crore, YoY
Sensex Today | BSE Metal index down 0.4%; Hindalco, JSW Steel, SAIL among major losers
Earnings Watch | Thomas Cook’s Q4 consolidated profit, revenue rise
#1 Profit rises 13.5 percent to Rs 66 crore Vs Rs 58.2 crore, YoY
#2 Revenue grows 18.3 percent to Rs 1,968.9 crore Vs Rs 1,663.8 crore, YoY
Stock Market LIVE Updates | L&T secures large orders from various state, central governments in India
Stock Market LIVE Updates | Star Health elevates Amitabh Jain as Chief Operating Officer
Results Today | Jubilant Ingrevia, Metropolis Healthcare, Max Financial, Suven Life, among others to announce earnings today
Tata Motors, Hero MotoCorp, Bharti Airtel, Siemens, Bharti Hexacom, Aditya Birla Capital, Cipla, GAIL India, GlaxoSmithKline Pharmaceuticals, Garden Reach Shipbuilders & Engineers, ITD Cementation India, Jubilant Ingrevia, Metropolis Healthcare, Max Financial Services, Suven Life Sciences, VIP Industries, and VST Tillers Tractors will announce their quarterly earnings scorecard on May 13.
Markets@11 | Sensex down 650 pts, Nifty at 24750
The Sensex was down 648.40 points or 0.79 percent at 81,781.50, and the Nifty was down 173.50 points or 0.70 percent at 24,751.20. About 2300 shares advanced, 969 shares declined, and 129 shares unchanged.
| Company | CMP Chg(%) | Volume | Value(Rs cr) |
|---|---|---|---|
| Bharat Elec | 336.00 4.09 | 30.31m | 1,007.13 |
| HDFC Bank | 1,936.70 -1.05 | 3.51m | 681.06 |
| Infosys | 1,584.60 -2.6 | 3.69m | 586.83 |
| Sun Pharma | 1,696.60 0.62 | 2.94m | 504.10 |
| Bajaj Finance | 9,101.00 0.91 | 526.29k | 477.41 |
| Reliance | 1,428.70 -0.54 | 3.18m | 455.48 |
| ICICI Bank | 1,433.40 -1.04 | 3.04m | 436.25 |
| SBI | 804.15 0.31 | 4.96m | 398.79 |
| Tata Motors | 717.50 -0.46 | 5.47m | 392.67 |
| Eternal | 234.49 -2.09 | 15.39m | 361.45 |
Stock Market LIVE Updates | L&T bags contract
The Buildings & Factories (B&F) vertical of L&T has secured large orders (between Rs 2500-Rs 5000 crore) from various state and central government undertakings in India.
It has secured an engineering, procurement & construction (EPC) order from the Central Public Works Department (CPWD) for the construction of Common Central Secretariat buildings 6 & 7 in New Delhi. The project encompasses two buildings of 1 basement + 2
podiums + upper ground + 6 floors configuration.
B&F has also secured a design & construction order from the Government of Andhra Pradesh for the construction of the State Legislative Assembly. The project scope includes construction of the Assembly building having one basement + ground + 3 floors configuration
Brokerage Call | CLSA upgrades Tech Mahindra to ‘high conviction outperform’ rating, target Rs 1,976
#1 3-year turnaround plan shared in Apr’24 has been duly adhered to in FY25
#2 Company seems on track to achieve its FY27 targets of 15 percent EBIT margin, 30 percent RoCE
#3 Parameters achieved so far give us a high level of confidence in company achieving FY27 targets
#4 Recent development in US tariff war, macro environment more supportive for a rerate
Currency Check | Rupee erases gains, but trades higher
Indian rupee erased some of the opening gains but still trading 48 paise higher at 84.89 per dollar versus Friday's close of 85.37.
Most sectors lagging Nifty's FII-backed rebound after April tariff pause
Analysts say that sectors such as metals, energy, auto and real estate saw limited participation in the rally due to concerns over a potential weakness in global economic recovery, despite a temporary pause in tariffs. ...Read More
