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Indices remain weak in late morning deals
Nov-13-2026

Domestic equity indices remained weak in late morning deals as a spike in crude oil prices in international markets overnight renewed global inflation concerns, after US President Donald Trump said that the U.S. was no longer interested in any deal to end the war with Iran. Further, weakness also prevailed in the markets as India's retail inflation climbed to 6.09% in October, breaching the Reserve Bank of India’s upper tolerance threshold of 6%.

The Sensex fell 0.32%, while the Nifty declined 0.50%, weighed down by selling pressure in HDFC Bank, ICICI Bank, Bajaj Finance and Mahindra & Mahindra. On the BSE sectoral front, traders were seen building positions in Capital Goods, Power, Industrials, TECK and Telecom, while selling pressure was witnessed in Bankex, Auto, Realty, Metal and Basic Materials. On the global front, Asian markets were trading mostly in the red following the negative cues from US markets overnight.

The BSE Sensex is currently trading at 81646.88, down by 264.13 points or 0.32% after trading in a range of 81300.46 and 81879.51. There were 13 stocks advancing against 17 stocks declining on the index.

The top gaining sectoral indices on the BSE were Capital Goods up by 1.40%, Power up by 1.05%, Industrials up by 0.53%, TECK up by 0.42% and Telecom up by 0.35%, while Bankex down by 0.73%, Auto down by 0.69%, Realty down by 0.58%, Metal down by 0.57% and Basic Materials down by 0.53% were the top losing indices on BSE.

The top gainers on the Sensex were Hindustan Unilever up by 1.30%, Sun Pharma up by 1.22%, HCL Technologies up by 0.84%, Reliance Industries up by 0.78% and Tech Mahindra up by 0.53%. On the flip side, Mahindra & Mahindra down by 1.64%, HDFC Bank down by 1.40%, Titan Company down by 0.84%, Bajaj Finserv down by 0.82% and Bharat Electronics down by 0.82% were the top losers.

Meanwhile, describing the Indian economy as a shining star in an otherwise gloomy world, NITI Aayog Vice Chairman Ashok Kumar Lahiri said India has maintained its position as the fastest-growing major economy for the last five years.

Further, he said India should be making much more progress in increasing production of edible oil and pulses. He mentioned ‘I am quite hopeful about the economy because India has been this sort of shining star in an otherwise gloomy world.’

The Indian economy has been performing well, with 7.8 per cent growth in Q1FY27 despite the West Asia war. India remains one of the fastest-growing major economies in the world and a key contributor to global growth, the multilateral organisation had said in its latest India Development Update.

The CNX Nifty is currently trading at 25173.05, down by 126.30 points or 0.50% after trading in a range of 25077.55 and 25246.35. There were 15 stocks advancing against 35 stocks declining on the index.

The top gainers on Nifty were Apollo Hospital up by 0.89%, Sun Pharma up by 0.84%, Nestle India up by 0.72%, ONGC up by 0.70% and Hindustan Unilever up by 0.65%. On the flip side, Shriram Finance down by 2.92%, SBI Life Insurance down by 1.51%, Hindalco Industries down by 1.30%, Bajaj Finserv down by 1.25% and JIO Financial down by 1.24% were the top losers.

Asian markets were trading mostly in the red; Shanghai Composite weakened 20.29 points or 0.56% to 3,635.54, KOSPI dropped 49.29 points or 0.93% to 5,293.44, Hang Seng declined 391.55 points or 1.63% to 23,617.00 and Straits Times fell 3.82 points or 0.07% to 5,232.28. However, Nikkei 225 surged 334.64 points or 0.55% to 61,154.00, Taiwan Weighted added 583.25 points or 1.34% to 43,675.12, Jakarta Composite gained 60.46 points or 1.14% to 5,311.36. 

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