Stock Market LIVE Updates | 13 May 2025 – After a historic surge on Monday, the Indian stock market witnessed a steep correction on Tuesday, with the Sensex tumbling over 1,300 points and the Nifty slipping below the 24,600 mark. Investors booked profits amid weak global cues and selling pressure in heavyweight IT and banking stocks.
Nifty Update
The NIFTY 50 index witnessed a notable decline today, opening at 24,864.05 and slipping to a low of 24,560.70, closing at 24,615.00, down 1.24% or 309.70 points from its previous close of 24,924.70. The trading volume stood at over 35 crore shares with a value exceeding ₹28,087 crore. Among individual stocks, BEL emerged as a strong gainer, surging 4.15% to close at ₹336.20, supported by high volumes. HEROMOTOCO and JIO Financial also saw healthy gains of 2.56% and 2.05%, respectively. On the downside, heavyweights like BHARTI AIRTEL, HCLTECH, and HINDALCO dragged the index, falling 2.76%, 2.81%, and 2.66%, respectively. Stocks such as ITC, NTPC, and TATACONSUM also recorded over 1.8% decline each. Overall, the session reflected broad-based selling pressure across most sectors, weighing on the benchmark index.
Why the Market Fell Today
The drop comes just a day after benchmark indices clocked their biggest single-day gains in over four years, following the ceasefire agreement between India and Pakistan. However, today’s market opened on a negative note due to:
- Profit-booking after Monday’s rally
- Global weakness, especially in US stock futures
- Decline in key sectors like IT and banking
Among the Sensex constituents, Infosys, Kotak Mahindra Bank, ICICI Bank, Eternal, and Power Grid led the decline with losses of up to 2%. On the flip side, Sun Pharma, IndusInd Bank, Bajaj Finance, Tech Mahindra, and Maruti opened in the green.
sector-wise summary of the NIFTY Sectoral Indices based on the data you provided:
🔻 Declining Sectors
| Sector | Index Value | Change (%) | Remark |
|---|---|---|---|
| NIFTY AUTO | 23,212.30 | -0.80% | Auto stocks declined |
| NIFTY FINANCIAL SERVICES 25/50 | 28,048.65 | -0.73% | Financials slightly down |
| NIFTY FMCG | 56,354.30 | -1.31% | FMCG saw notable drop |
| NIFTY IT | 37,419.35 | -2.25% | IT sector under pressure |
| NIFTY METAL | 8,840.65 | -0.83% | Metals saw weakness |
| NIFTY PRIVATE BANK | 27,416.20 | -0.94% | Private banks declined |
| NIFTY REALTY | 866.60 | -0.69% | Realty marginally down |
| NIFTY OIL & GAS | 11,277.10 | -0.74% | Oil & Gas subdued |
| NIFTY MIDSMALL IT & TELECOM | 9,705.70 | -0.87% | Small-mid IT/Telecom fell |
🔼 Advancing Sectors
| Sector | Index Value | Change (%) | Remark |
|---|---|---|---|
| NIFTY MEDIA | 1,612.55 | +1.41% | Top gainer sector |
| NIFTY PSU BANK | 6,584.50 | +1.75% | Strong move in PSU banks |
| NIFTY PHARMA | 21,352.70 | +1.18% | Pharma showing strength |
| NIFTY HEALTHCARE | 13,901.15 | +0.99% | Healthcare up |
| NIFTY MIDSMALL HEALTHCARE | 41,184.20 | +0.98% | Mid-small healthcare strong |
| NIFTY MIDSMALL FINANCIAL SERVICES | 16,773.05 | +0.85% | Gaining momentum |
| NIFTY FINANCIAL SERVICES EX-BANK | 28,025.85 | +0.28% | Slight gain |
| NIFTY CONSUMER DURABLES | 37,904.45 | +0.11% | Minor uptick |
Opening Bell Snapshot
- Nifty 50 opened at 24,864.05, nearly 1,413 points away from its all-time high of 26,277.35.
- Sensex started at 82,249.60, about 200 points lower than its previous close.
This dip follows Monday’s nearly 4% rally, which was supported by Foreign Portfolio Investors (FPIs) who bought Indian equities worth Rs 1,246 crore. So far in May, FPIs have pumped in over $1.7 billion, lured by strong growth prospects and easing global tensions.
Global Market Overview
- S&P 500 futures dropped 0.2%
- Hang Seng futures remained flat
- Japan’s Topix gained 1.7%
- Australia’s ASX 200 rose 0.9%
- Euro Stoxx 50 futures added 1.6%
Meanwhile, US indices closed strong overnight:
- Dow Jones surged 1,160 points (2.81%)
- S&P 500 rose 3.26%
- Nasdaq gained 4.35%
This global momentum was driven by the US-China trade truce, with both countries reducing tariffs for the next 90 days. The US lowered tariffs to 30% (from 145%), while China cut them to 10%.
Stocks to Watch Today
Several companies are in focus today based on earnings and news flows:
Positive Results
- Jubilant Ingrevia: Q4 Net Profit jumped to Rs 74.1 crore vs Rs 29.3 crore YoY
- Hero MotoCorp: Net profit up 6.4% YoY to Rs 1,081 crore
Mixed Performance
- GAIL India: Revenue rose 2% YoY, EBITDA up 13.3%, but Net Profit fell 47% to Rs 2,049 crore. The board declared a final dividend of Rs 1 per share.
Other Active Stocks
- Tata Steel, Paytm, Gensol Engineering, Raymond, Thomas Cook, Aether Industries, CARE Ratings, Zaggle Prepaid, and JM Financial are showing notable price action.
Expert View
Market experts suggest this pullback is healthy and expected after a sharp one-day rally. Investors are advised to stay cautious and avoid panic selling. The overall market sentiment remains positive, backed by easing geopolitical tensions and strong FPI inflows.
Key Takeaway for Investors
- Don’t be swayed by one-day corrections.
- Track global cues and upcoming earnings.
- Focus on fundamentally strong stocks during dips.
