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Stock Market Close Highlights: Sensex crashes 1,282-pts, Nifty at 24,578; IT, Auto, FMCG top drag
Sensex Today | Stock Market Close Highlights: Among the sectoral indices, Nifty Auto, financial services, FMCG, and IT were the major laggards falling by over 1 per cent each
3:53 PM
Stock Market LIVE Updates: Technical view
Stock Market LIVE Updates: 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.
View by Ajit Mishra – SVP, research, Religare Broking Ltd.
3:53 PM
Stock Market LIVE Updates: Market expert view
Stock Market LIVE Updates: 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.
3:41 PM
Stock Market LIVE Updates: A glance at broader market
3:34 PM
Stock Market LIVE Updates: Sensex closes at 81,148.22, down 1,282 pts
Stock Market LIVE Updates: BSE Sensex closed at 81,148.22, slipping 1281.68 points or 1.55 per cent.
3:23 PM
Stock Market LIVE Updates: CARE Ratings stock soars 15%, nears 52-week high post Q4 results
Stock Market LIVE Updates: Shares of CARE Ratings hit a five-month high at ₹ 1,543.05, surging 15 per cent on the BSE in Tuesday's intra-day trade in an otherwise weak market after the company reported healthy earnings for the quarter ended March 2025 (Q4FY25).
At 02:49 pm; CARE Ratings was trading 12 per cent higher at ₹ 1,509.60, as compared to 1.54 per cent decline in the BSE Sensex. Read more
3:12 PM
Stock Market LIVE Updates: Zaggle Prepaid shares spike 8% after Q4 results; results analysis here
Stock Market LIVE Updates: Shares of Zaggle Prepaid Ocean Services surged over 8 per cent on Tuesday, amid a broader market fall, as the company reported a 67 per cent rise in net profit for the fourth quarter ended March 2025.
Zaggle Prepaid's stock rose as much as 8.22 per cent during the day to ₹396.7 per share, the highest level since early February this year. The stock pared gains to trade 5.56 per cent higher at ₹387 apiece, compared to a 1.45 per cent decline in Nifty 50 as of 2:20 PM. Read more
2:52 PM
Stock Market LIVE Updates: YES Bank trades above 200-DMA for second straight day; eyes this target now
Stock Market LIVE Updates: YES Bank shares surged nearly 5 per cent to an intra-day high of ₹21.39 on Tuesday, defying losses in benchmark indices. The NSE Nifty 50 index slipped over 1 per cent to 24,630, while the banking gauge—Nifty Bank—declined 0.7 per cent to 54,974.
The stock has gained over 17 per cent in the past three trading sessions, following Japan-based Sumitomo Mitsui Banking Corporation's (SMBC) agreement to acquire a 20 per cent stake in YES Bank.
According to reports, in one of the largest cross-border transactions in India's banking sector, State Bank of India (SBI) and seven private lenders will collectively divest a 20 per cent stake in YES Bank to SMBC for ₹13,482 crore.
2:42 PM
Stock Market LIVE Updates: Lupin shares gain 4% on Tolvaptan Tablets launch in US; details here
Stock Market LIVE Updates: Shares of pharma giant Lupin gained traction on Tuesday, May 13, 2025, defying broader market weakness. The stock climbed 3.65 per cent to ₹2,114.30 per share in intra-day trading on the National Stock Exchange (NSE).
The surge in Lupin's share price followed the company's announcement of its US launch of Tolvaptan Tablets—available in 15 mg, 30 mg, 45 mg, 60 mg, and 90 mg—after securing approval from the United States Food and Drug Administration (US FDA). READ MORE
2:28 PM
Stock Market LIVE Updates: Cipla Q4 result: Profit rises 30% to ₹1,222 cr; special dividend declared
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Time of India
an hour ago
- Time of India
Nifty appears primed for breakout but wait for a pull back: Geojit's Anand James
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Stating that Nifty appears well primed to stage a breakout and embark on the 25460-26200 target, Anand James, Chief Market Strategist, Geojit Investments Limited, neither has the Bollinger band widened, nor has momentum indicators started showing strength to support a vertical rise."We will hence not be chasing prices right away on Monday, but instead wait for a pull back that will hopefully end before 24863. Major downside markers may be placed at 24640."Edited excerpts from a chat:Since the second half of April, Nifty had faced two stages of consolidation, the latter one having stretched over three weeks. Friday's spike has taken us to the upper band of this range. Nifty appears well primed to stage a breakout and embark on the 25460-26200 objective that we have been eying for the last fortnight. That said, neither has the Bollinger band widened, nor has momentum indicators started showing strength to support a vertical rise. This reluctance partly stems from Nifty lagging Bank Nifty , and even the SMIDs. We will hence not be chasing prices right away on Monday, but instead wait for a pull back that will hopefully end before 24863. Major downside markers may be placed at eyes are on 58400, but four hours of consolidation after Friday's initial rise point, point to the fact that we are not in a one way street yet. Adding reason to concern, RSI is still below the levels seen when Bank Nifty hit April's peak. This divergence does not call for a reversal yet, but a cautious approach is warranted at the start of the week, with downside marker placed at either 56400 or outperformance in the SMIDs was visible, as more of them rose above previous week's highs when compared to Nifty 50 constituents. While only 50% of Nifty 50 stocks closed above their respective 20 day SMA on Friday, 74.8% of small cap constituents closed above this benchmark on Friday. But while 50% of Nifty 50 stocks closed within the day's high on Friday, only 10% of small cap 250 constituents did so, suggesting that there is caution floating around, and a consolidation may be expected before a vertical rise vertical rise in the last few days had catapulted Cochin Shipyard's prices far beyond two standard deviations from mean, calling for caution. The red hammer candlestick pattern formed on Friday, which is usually a bearish reversal pattern adds to this conjecture. With this in the backdrop, we would be more comfortable with re entry, if a dip unfolds to either 2345 or (CMP:1194)View: BuyTarget: 1250 – 1340SL: 1098The stock formed its largest green candle since April 22, rebounding sharply from the Supertrend support at 1,146. On the daily chart, the SMIO histogram is showing signs of exhaustion at lower levels and is on the verge of crossing above the zero line—indicating a potential trend expect the stock to move toward 1,250 and 1,340 in the near term. All long positions should be protected with a stop-loss placed below 1,098. SHRIRAMFIN (CMP:688)View: BuyTarget: 820SL: 617After nearly two weeks of narrow-range trading, the stock has finally broken out decisively. It has formed a bullish Marubozu candle and witnessed a Supertrend breakout, signaling strong upward the SMIO has crossed above the zero line on both the daily and weekly charts, reinforcing the bullish outlook and pointing toward a potentially larger move in the coming expect the stock to move toward 820 in the near term. All long positions should be protected with a stop-loss placed below 617.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Economic Times
an hour ago
- Economic Times
Nifty appears primed for breakout but wait for a pull back: Geojit's Anand James
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Stating that Nifty appears well primed to stage a breakout and embark on the 25460-26200 target, Anand James, Chief Market Strategist, Geojit Investments Limited, neither has the Bollinger band widened, nor has momentum indicators started showing strength to support a vertical rise."We will hence not be chasing prices right away on Monday, but instead wait for a pull back that will hopefully end before 24863. Major downside markers may be placed at 24640."Edited excerpts from a chat:Since the second half of April, Nifty had faced two stages of consolidation, the latter one having stretched over three weeks. Friday's spike has taken us to the upper band of this range. Nifty appears well primed to stage a breakout and embark on the 25460-26200 objective that we have been eying for the last fortnight. That said, neither has the Bollinger band widened, nor has momentum indicators started showing strength to support a vertical rise. This reluctance partly stems from Nifty lagging Bank Nifty , and even the SMIDs. We will hence not be chasing prices right away on Monday, but instead wait for a pull back that will hopefully end before 24863. Major downside markers may be placed at eyes are on 58400, but four hours of consolidation after Friday's initial rise point, point to the fact that we are not in a one way street yet. Adding reason to concern, RSI is still below the levels seen when Bank Nifty hit April's peak. This divergence does not call for a reversal yet, but a cautious approach is warranted at the start of the week, with downside marker placed at either 56400 or outperformance in the SMIDs was visible, as more of them rose above previous week's highs when compared to Nifty 50 constituents. While only 50% of Nifty 50 stocks closed above their respective 20 day SMA on Friday, 74.8% of small cap constituents closed above this benchmark on Friday. But while 50% of Nifty 50 stocks closed within the day's high on Friday, only 10% of small cap 250 constituents did so, suggesting that there is caution floating around, and a consolidation may be expected before a vertical rise vertical rise in the last few days had catapulted Cochin Shipyard's prices far beyond two standard deviations from mean, calling for caution. The red hammer candlestick pattern formed on Friday, which is usually a bearish reversal pattern adds to this conjecture. With this in the backdrop, we would be more comfortable with re entry, if a dip unfolds to either 2345 or (CMP:1194)View: BuyTarget: 1250 – 1340SL: 1098The stock formed its largest green candle since April 22, rebounding sharply from the Supertrend support at 1,146. On the daily chart, the SMIO histogram is showing signs of exhaustion at lower levels and is on the verge of crossing above the zero line—indicating a potential trend expect the stock to move toward 1,250 and 1,340 in the near term. All long positions should be protected with a stop-loss placed below 1,098. SHRIRAMFIN (CMP:688)View: BuyTarget: 820SL: 617After nearly two weeks of narrow-range trading, the stock has finally broken out decisively. It has formed a bullish Marubozu candle and witnessed a Supertrend breakout, signaling strong upward the SMIO has crossed above the zero line on both the daily and weekly charts, reinforcing the bullish outlook and pointing toward a potentially larger move in the coming expect the stock to move toward 820 in the near term. All long positions should be protected with a stop-loss placed below 617.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Hans India
2 hours ago
- Hans India
9 of top 10 most valued firms add Rs 1 lakh crore in market cap this week
The Indian stock market witnessed strong positive momentum this week, helping nine of the country's ten most valued companies collectively add Rs 1,00,850.96 crore to their market capitalisation. This rally came as the benchmark Sensex rose by 737.98 points, or 0.90 per cent, reflecting overall optimism in equities. Among the top gainers, HDFC Bank recorded a sharp rise in market valuation, adding Rs 26,668.23 crore. With this, the private sector lender's total market capitalisation reached Rs 15,15,853.85 crore. Bajaj Finance also posted a strong performance, gaining Rs 12,322.96 crore in valuation during the week. Its market cap now stands at Rs 5,82,469.45 crore. ICICI Bank's market valuation increased by Rs 9,790.87 crore to Rs 10,41,053.07 crore, while Hindustan Unilever added Rs 9,280.89 crore, taking its mcap to Rs 5,61,282.11 crore. Bharti Airtel saw its market valuation rise by Rs 7,127.63 crore, reaching Rs 10,65,894.55 crore. Meanwhile, Life Insurance Corporation of India (LIC) gained Rs 3,953.12 crore, pushing its valuation to Rs 6,07,073.28 crore. Infosys recorded a smaller increase, with a gain of Rs 519.27 crore, bringing its total market capitalisation to Rs 6,49,739.73 crore. State Bank of India (SBI) also edged up, with a rise of Rs 401.61 crore, taking its mcap to Rs 7,25,437.74 crore. Among the top 10, Tata Consultancy Services (TCS) was the only company to see a drop in its market value. The IT giant's mcap declined by Rs 28,510.53 crore during the week, settling at Rs 12,24,975.89 crore. Despite TCS's slip, the overall market sentiment remained upbeat, with investors showing confidence across sectors. In terms of overall ranking by market capitalisation, the top five companies at the end of the week were HDFC Bank, TCS, Bharti Airtel, ICICI Bank, and SBI. Market experts believe the positive momentum was supported by expectations of steady economic growth and improved investor sentiment ahead of key economic data and global cues.
