Indian Stock Market Summary – May 13, 2025
Indian Stock Market Summary – May 13, 2025
Major Indices:
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BSE Sensex: Closed at 81,148.22, down 1,282 points (-1.55%)
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NSE Nifty 50: Closed at 24,578.35, down 346 points (-1.39%)
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Nifty Bank: Closed at 54,940.85, down 442 points (-0.80%)@EconomicTimes+6The Times of India+6Moneycontrol+6Moneycontrol+3mint+3The Times of India+3Moneycontrol
Key Drivers Behind the Decline:
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Profit Booking: Following a significant rally of nearly 4% on May 12, investors engaged in profit-taking, leading to a pullback in the market. mint
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Global Trade Dynamics: The announcement of a U.S.-China trade agreement raised concerns about a potential shift in foreign investments from India to China. Reuters+1Reuters+1
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Geopolitical Tensions: Despite a temporary ceasefire between India and Pakistan, underlying geopolitical uncertainties continued to weigh on investor sentiment. mint+3India Today+3Reuters+3
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Lack of Fresh Catalysts: With much of the positive news already priced in, the market lacked new drivers to sustain the upward momentum. The Times of India+3Reuters+3Reuters+3
Sectoral Performance:
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Gainers: Pharmaceutical stocks saw gains, with the sector rising by 1.7%, attributed to favorable policy developments in the U.S. Reuters
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Losers: Information Technology and Power sectors experienced declines, with companies like Infosys and Power Grid falling by 4% and 3%, respectively. @EconomicTimes
Broader Market Indicators:
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Midcap and Smallcap Indices: Outperformed the major indices, with the BSE Midcap and Smallcap indices ending 0.17% and 0.99% higher, respectively. mint
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Market Capitalization: The total market capitalization of BSE-listed companies decreased by approximately ₹1.5 lakh crore, settling at around ₹431 lakh crore. mint
Currency Market:
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Indian Rupee: Closed nearly flat at 85.33 against the U.S. dollar, slightly down from the previous close of 85.37. Reuters
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