May 13, 2025

Indian Stock Market Summary – May 13, 2025

by
68 / 100 SEO Score

Indian Stock Market Summary – May 13, 2025

Major Indices:

Key Drivers Behind the Decline:

  1. 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

  2. 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

  3. Geopolitical Tensions: Despite a temporary ceasefire between India and Pakistan, underlying geopolitical uncertainties continued to weigh on investor sentiment. mint+3India Today+3Reuters+3

  4. 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:

  • Gainers: Pharmaceutical stocks saw gains, with the sector rising by 1.7%, attributed to favorable policy developments in the U.S. Reuters

  • 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:

  • Midcap and Smallcap Indices: Outperformed the major indices, with the BSE Midcap and Smallcap indices ending 0.17% and 0.99% higher, respectively. mint

  • 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:

  • Indian Rupee: Closed nearly flat at 85.33 against the U.S. dollar, slightly down from the previous close of 85.37. Reuters

Please follow and like us:
Pin Share

You may also like