Finance
Stock Market Close Highlights, Tuesday, May 13, 2025: Following the best session in over four years, Indian equities markets closed in red on Tuesday, citing fears over further escalation in the India-Pakistan conflict and the impact of US-China trade talks.
The benchmark BSE Sensex dropped 1,281.68 points, or 1.5 percent, to settle at 81,148.22. The Nifty50 closed at 24,578.35, down 346.35 points, or 1.39%.
However, the broader markets remained in green, defying the benchmarks. The BSE Midcap closed 0.17 percent higher, while the BSE Smallcap gained 0.99 percent.
Among the sectors indices, Nifty Auto, financial services, FMCG, and IT fell by more than 1% each. The Nifty Bank, Metal, Oil & Gas, Realty, and Consumer Durables indexes all declined by up to 1%. The Nifty PSU Bank, Media, Pharma, and Healthcare Index climbed 1.66 percent.
25 of the 30 equities on the Sensex closed lower. Top losers included Infosys (-3.57%), Eternal (-3.48%), Power Grid (-3.22%), HCL Tech (-2.94%), and TCS (-2.83%). Sun Pharma, Adani Ports, Bajaj Finance, State Bank of India, and Tech Mahindra all saw gains of up to 1%.
India VIX, fear gauge used to measure volatility in the Indian market, fell 1.05 per cent to 18.20 points.
Source: BS
