HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Key gauges continue to trade in red in morning deals
Nov-13-2026

Indian equity benchmarks trimmed some losses but continued to trade in red in morning deals, as rising Brent crude prices and elevated domestic inflation weighted on sentiment. Retail inflation, measured by the All-India Consumer Price Index (CPI) with the base year 2024, surged to 6.09% (Provisional) in October 2026 from 5.54% (Final) for September 2026, amid high food prices. This marked the first time in two years that inflation breached the Reserve Bank of India's (RBI) upper tolerance limit of 6%. However, losses remain capped as some support came with exchange data showed foreign institutional investors (FIIs) remained net buyers of Indian equities on Thursday, purchasing shares worth Rs 7,830.60 crore. On the global front, Asian markets were trading mostly in red following the negative cues on Wall Street overnight, as a spike in crude oil prices renewed global inflation concerns after US President Donald Trump said the U.S. is no longer interested in any deal to end the war with Iran as Iran adopted a confrontationist approach. 

The BSE Sensex is currently trading at 81754.75, down by 156.26 points or 0.19% after trading in a range of 81300.46 and 81835.82. There were 14 stocks advancing against 16 stocks declining on the index.

The top gaining sectoral indices on the BSE were Capital Goods up by 1.47%, Power up by 1.15%, IT up by 0.73%, Healthcare up by 0.72% and Industrials up by 0.69%, while Bankex down by 0.60%, Auto down by 0.58%, Realty down by 0.47%, Basic Materials down by 0.31% and Consumer Durables down by 0.29% were the top losing indices on BSE.

The top gainers on the Sensex were Sun Pharma up by 1.08%, Hindustan Unilever up by 0.75%, HCL Technologies up by 0.74%, Larsen & Toubro up by 0.63% and Tata Steel up by 0.56%. On the flip side, HDFC Bank down by 1.29%, Mahindra & Mahindra down by 1.28%, Bharat Electronics down by 0.72%, State Bank of India down by 0.71% and Titan Company down by 0.71% were the top losers.

Meanwhile, Commerce and Industry Minister Piyush Goyal has said that India will have one of the best trade deals with the US in every respect. He said that India has negotiated a very good set of outcomes with the US in the pact. He said ‘nations that make the same products and are at a similar level of development, like India. We will have the most preferred market access in the US post the deal in products of our interest.’ When asked about a timeline for concluding the agreement, he said discussions were ongoing and several factors would determine the outcome.

Talking about the visit of the US officials, he said that ‘it was mainly a discussion with the customs authorities. The Deputy Chief Negotiator had come for discussions with the customs department on one track.’ On the impact of India's trade pact on exports, he said ‘it's too early to tell because, as you are aware, the 'mother of all deals', the EU agreement is not yet operational. The US will take some time before it comes into effect’. Describing the country as a trusted global trade partner, he said that Guatemala and Ecuador too had expressed interest in negotiating separate trade agreements with India. He said ‘India today is looked upon as the trusted partner of the world. Otherwise they would not be wanting to do trade agreements with India. They would not be looking to India as a part of their global value chains.’

Meanwhile, a two-member team of US officials visited earlier this month for talks on trade and customs facilitation issues. Both sides are in regular touch on the finalisation of the first phase of the bilateral trade agreement (BTA). India and the US had finalised a framework for the first phase of their bilateral trade agreement (BTA) in February. However, changes in the US tariff regime have necessitated further negotiations. India is seeking lower tariffs for its goods in the US market than its competitor nations such as Bangladesh, Vietnam and Cambodia. These remarks assume significance as US President Donald Trump suffered a crushing defeat in the mid-term elections.

The CNX Nifty is currently trading at 25229.45, down by 69.90 points or 0.28% after trading in a range of 25077.55 and 25230.35. There were 24 stocks advancing against 26 stocks declining on the index.

The top gainers on Nifty were Sun Pharma up by 1.36%, Apollo Hospital up by 1.26%, HCL Technologies up by 0.95%, Eicher Motors up by 0.76% and Hindustan Unilever up by 0.74%. On the flip side, Shriram Finance down by 2.51%, SBI Life Insurance down by 1.37%, Titan Company down by 1.27%, HDFC Bank down by 1.23% and Bajaj Finserv down by 1.15% were the top losers.

Asian markets were trading mostly in red; Shanghai Composite weakened 5.79 points or 0.16% to 3,650.04, KOSPI dropped 45.80 points or 0.86% to 5,296.93, Hang Seng declined 306.55 points or 1.28% to 23,702.00 and Straits Times fell 1.11 points or 0.02% to 5,234.99.

On the flip side, Nikkei 225 surged 484.64 points or 0.8% to 61,304.00, Taiwan Weighted added 759.41 points or 1.76% to 43,851.28 and Jakarta Composite gained 60.46 points or 1.14% to 5,311.36.
  RELATED NEWS >>
Most Viewed >>
November 13 , 2026
‘Gatekeepers of Governance’: 11th Annual Corpo
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.