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EQUITY
Post Session: Quick Review
May-13-2026

Indian equity benchmarks snapped a four-day losing streak on Wednesday, with both the Sensex and Nifty ending marginally higher, led by gains in metal, consumer durables, and oil & gas stocks. After making a cautious start, the indices witnessed volatility amid elevated crude oil prices and ongoing geopolitical concerns. However, value buying in the second half of the session, after four-day downturn, helped the markets to recover, though markets failed to hold the momentum and end the session flat with positive bias.

Some of the important factors in trade:

Goyal says Indian economy continue to show resilience: Traders were optimistic as Union Minister of Commerce and Industry Piyush Goyal said that the Indian economy has continued to show resilience amid global geopolitical and economic challenges, with strong fundamentals and growing global confidence in India. 

India’s retail inflation rose slightly in April: Traders took note of the government data showing that India’s retail inflation rose slightly to 3.48% in April, mainly due to higher prices of gold and silver jewellery as well as some kitchen items.

RBI indicates India may increase retail fuel prices: Traders overlooked RBI Governor Sanjay Malhotra’s indication that India may need to increase retail fuel prices if the conflict in West Asia prolongs.

On the global front: European markets were trading mostly in green despite France's consumer price inflation rose to its highest level since mid-2024 in April, driven primarily by sharp acceleration in energy prices. Asian markets closed mostly in green after Japan posted a current account surplus of 4.681 trillion yen in March. That beat expectations for a surplus of 3.879 trillion yen and was up from 3.933 trillion yen in February. 

The BSE Sensex ended at 74608.98, up by 49.74 points or 0.07% after trading in a range of 74134.48 and 75191.57. There were 14 stocks advancing against 16 stocks declining on the index. (Provisional)

The top gaining sectoral indices on the BSE were Metal up by 3.30%, Telecom up by 2.79%, Consumer Durables up by 2.43%, Basic Materials up by 1.91% and Oil & Gas up by 1.77%, while IT down by 1.11%, Auto down by 0.92%, Utilities down by 0.27% and Bankex down by 0.19% were the few losing indices on BSE. (Provisional)

The top gainers on the Sensex were Asian Paints up by 4.37%, Tata Steel up by 3.68%, Adani Ports and Special Economic Zone up by 3.02%, Bharat Electronics up by 2.93% and Bharti Airtel up by 1.78%. On the flip side, Infosys down by 1.50%, Mahindra & Mahindra down by 1.49%, Sun Pharma down by 1.17%, Tech Mahindra down by 1.13% and TCS down by 1.12% were the top losers. (Provisional)

Meanwhile, the pharma sector in India continues to show resilience and positive momentum despite global economic uncertainties, as the rating agency, India Ratings and Research (Ind-Ra) in its latest report has showed that the Indian pharmaceutical market (IPM) sustained double-digit growth in the month of April 2026, rising by 10.1% year on year (Y-o-Y) in the reported month. 

According to India Ratings and Research, the growth in Indian pharmaceutical market during April was on account of a recovery in volumes, steady price increases, and new product launches. The rating agency further noted that the performance marks a continuation of the growth pick-up observed since December 2025.

Besides, the report stated that April 2026 marked growth in the pharma sector, as prices increased by 5.6%, new products launches witnessed a growth of 3.6%, and volumes surged by 1%. It said the anti-diabetic segment reported strong growth of 16.2% month-on-month during April 2026, led by new product growth of 12.3% due to the launch of GLP-1 agonist products during March 2026.

The CNX Nifty ended at 23412.60, up by 33.05 points or 0.14% after trading in a range of 23262.55 and 23582.95. There were 25 stocks advancing against 25 stocks declining on the index. (Provisional)

The top gainers on Nifty were Asian Paints up by 4.47%, Adani Enterprises up by 3.86%, Tata Steel up by 3.59%, Hindalco up by 3.04% and Adani Ports and Special Economic Zone up by 2.94%. On the flip side, Eicher Motors down by 2.17%, Mahindra & Mahindra down by 2.02%, Power Grid Corp down by 1.57%, Infosys down by 1.48% and Tata Consumer Products down by 1.44% were the top losers. (Provisional)

European markets were trading mostly in green; France’s CAC fell 20.12 points or 0.25% to 7,959.80 and UK’s FTSE 100 increased 21.34 points or 0.21% to 10,286.66, while Germany’s DAX gained 115.77 points or 0.48% to 24,070.70. 

Asian markets settled mostly higher on Wednesday as strong momentum in technology shares outweighed worries about hotter-than-expected US inflation data and Middle East tensions. Meanwhile, traders shifted focus on the high-stakes trade talks between US President Donald Trump and Chinese President Xi Jinping. Japan’s Nikkei surpassed the 63,000 marks for the first time after US Treasury Secretary, Scott Bessent praised Japan's economic resilience and touted coordination with Japan on tackling excessively volatile currency moves. South Korean shares hit an all-time high amid an AI-led chipmaker rally. However, Samsung Electronics and its largest labor union failed to reach a pay deal following government-mediated talks, raising the risk of an 18-day strike beginning May 21 that could disrupt production of memory and other chips.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,242.57

28.08

0.67

Hang Seng

26,388.44

40.53

0.15

Jakarta Composite

6,723.32

-135.58

-2.02

KLSE Composite

1,746.31

-4.25

-0.24

Nikkei 225

63,272.11

529.54

0.84

Straits Times

5,003.96

57.96

1.17

KOSPI Composite

7,844.01

200.86

2.63

Taiwan Weighted

41,374.50

-523.82

-1.25

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