Sensex Today | Stock Market Highlights: Nifty, Sensex end lower; Nifty Bank slips 440 points

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April CPI Inflation At 3.16% Vs 3.34% (MoM)

April Food Inflation 1.78% Vs 2.69% (MoM)

April CPI @3.16%

Rural Inflation At 2.92% Vs 3.25% (MoM)

Urban Inflation At 3.36% Vs 3.43% (MoM)

Market Gives Up Some Of The Gains Seen On Monday

Midcaps Continue To Outperform, Midcap Index Higher Vs Vs 1% Fall For Nifty

Market Breadth Remains In Favour Of Advances, Adv-Decline Ratio At 2:1

Sensex Slips 1,282 Points To 81,148 & Nifty 346 Points To 24,578

Nifty Bank Slips 442 Points To 54,941 While Midcap Index Rises 105 Pts To 55,521

Defence Stocks See Buying On PM’s ‘Made In India’ Comment, Rise Up To 10%

Hero Moto & Cipla React Positively To Earnings Rises 1-2%

IT Stocks Give Up Some Of The Gains Registered On Monday, Nifty IT Down 2%

SRF Closes Off Lows On +ve Chemical Biz Outlook, Ends 3% Lower

UPL Is Top Midcap Loser On Below-than-expected FY26 Outlook, Down 5%

Swiggy Ends With A Cut Of 3% As Shareholder Lock-in Period Ends

Eternal, Chambal Fert, OFSS, rec, Torrent Power Are Top Midcap Losers

Hindalco Slips Novelis Does Not Provide FY26 Guidance, Down 3%

Tata Motors Ends 1% Lower Ahead of Its Quarterly Results

#4QWithCNBCTV18 | Hero MotoCorp reports its Q4 earnings

????Net Profit at ₹1,081 Cr Vs ₹1,016 Cr (YoY)

????Remain Cautiously Optimistic About The Near-To-Mid Term Outlook pic.twitter.com/vTTIXT1yHk

— CNBC-TV18 (@CNBCTV18Live) May 13, 2025

The shares of GAIL dipped by over 1.5% after the company reported its Q4 numbers.#4QWithCNBCTV18 | Gail reports its Q4 earnings

Net Profit at ₹2,049 Cr Vs CNBC-TV18 Poll of ₹2,153 Cr pic.twitter.com/xAjiX1xKtK

— CNBC-TV18 (@CNBCTV18Live) May 13, 2025

The shares of Hero MotoCorp are in focus. The company announced its quarterly results for Q4. The company’s profit after tax stood at ₹1,081 crore. The revenue figures stood at ₹9,939. The numbers stood largely in line with the estimates. The company’s share price stands at ₹3,961.00.

#4QWithCNBCTV18 | Hero MotoCorp reports its Q4 earnings

Net Profit at ₹1,081 Cr Vs CNBC-TV18 Poll of ₹1,089 Cr pic.twitter.com/adhuM3k6Rc

— CNBC-TV18 (@CNBCTV18Live) May 13, 2025

The shares of Jubilant Ingrevia rose by over 2% on Tuesday. The company reported a jump in net profit, with the figure rising to ₹74 crore, compared to ₹29 crore. The EBITDA figures also rose by 59.60%. In addition, the margin stood at 13.93%.

Arkade Developers reported a strong Q4 performance with net profit up 70% year-on-year to ₹33.3 crore.

Revenue rose 7% to ₹131.4 crore, while EBITDA jumped 65% to ₹44.4 crore.

Margins improved significantly to 33.79% from 21.91% last year.

The shares of Patel Engineering are under pressure, as they are currently trading with a decline of close to 2.50%. The company announced its quarterly results, in which the company saw its net profit decline by 73%. Meanwhile, its revenue rose by 20%.#4QWithCNBCTV18 | #PatelEngg reports its Q4 earnings

????Net Profit Down 73% At ₹38 Cr Vs ₹140 Cr (YoY)

????Revenue Up 20% At ₹1,611.8 Cr Vs ₹1,343 Cr (YoY)

????EBITDA Down 8% At ₹218.3 Cr Vs ₹237.30 Cr (YoY)

????Margin At 13.5% Vs 17.7% (YoY) pic.twitter.com/DXn86D0kew

— CNBC-TV18 (@CNBCTV18Live) May 13, 2025

Here are a couple of stock recommendations by Somil Mehta of Mirae Asset Sharekhan

Buy Lupin for a target price of ₹2,225 with a stop loss of ₹2,000

Buy PolicyBazaar for a target price of ₹1,845 with a stop loss of ₹1,650

NIIT reported an 18% year-on-year rise in net profit to ₹13.1 crore for Q4, while revenue grew 16% to ₹86 crore.

However, the company posted an EBITDA loss of ₹1.5 crore, compared to a positive EBITDA of ₹0.5 crore in the same quarter last year.#4QWithCNBCTV18 | Cipla reports its Q4 earnings

Net Profit at ₹1,214 Cr vs CNBC-TV18 Poll of ₹1,052 Cr pic.twitter.com/NTiH6nWpFH

— CNBC-TV18 (@CNBCTV18Live) May 13, 2025

SRF provides positive FY26 outlook for Chemical and Florochem business

Chemical Business Outlook

The agrochemicals segment is expected to perform better.

The company has a strong pipeline of new products.

Growth will be driven by new pharma intermediate launches and increased activity at recently opened plants.

Fluorochemicals Business Outlook

The company is focusing on increasing HFC production to meet quota requirements.

Its integrated operations offer key advantages.

Demand and prices for Contract Manufacturing Services (CMS) are expected to stay stable.

PTFE is likely to see more demand with positive developments expected in FY26.

A newly launched HF plant will help boost refrigerant gas production.

Suven Life Sciences plans to issue up to 6.4 crore convertible warrants on a preferential basis.

These warrants, priced at ₹134 each, will be allotted to both promoters and non-promoters, including investors such as Quant Mutual Fund, Tejas Trivedi, Abakkus, and Prashant Jain.

#JustIn | Zee Ent says, Arbitral Tribunal rejects Aditya Birla Fin’s claims in ₹134 Cr Siti Network Loan Case pic.twitter.com/Joe9yQyWet

— CNBC-TV18 (@CNBCTV18Live) May 13, 2025

Advanced Enzyme reported a 6.7% drop in net profit to ₹26.4 crore year-on-year, even as revenue rose 5.8% to ₹167 crore.

EBITDA fell 18% to ₹45.5 crore, with margins shrinking to 27.23% from 35.13% in the same period last year.

Sacchitanand Uttekar, VP- Research (Derivatives & Technicals) of Tradebulls

Buy LIC Housing Finance for a target price of ₹642 with a stop loss of ₹607

Buy CONCOR for a target price of ₹746 with a stop loss of ₹684

Apurva Sheth, Hd-Research of SAMCO Securities

Buy Dr Reddy’s for a target price of ₹1,350 with a stop loss of ₹1,150

Buy GSFC for a target price of ₹215 with a stop loss of ₹185

As markets struggled in red, the Nifty IT index was one of the biggest losers amongst sectoral indices. The index dipped 695.10 points, or 1.82%.

– Infosys declined by over 3.1%

–HCL Tech slumped by over 2.5%

– TCS shed just over 2% of its value

Tata Steel shares are in focus, as it expects to turn EBITDA from its Europe business positive.#CNBCTV18Market | TATA STEEL IN FOCUS

From Q1FY26, Europe will be EBITDA positive

UK is heading towards breakeven on EBITDA in a couple of quarters pic.twitter.com/5bPLR5z8BU

— CNBC-TV18 (@CNBCTV18Live) May 13, 2025

Several Nifty Smallcap stocks are trading lower today, with PG Electroplast leading the decline, down nearly 4.5%. KFin Technologies and Chambal Fertilisers are also down around 4%, while Welspun Living has dropped nearly 3% and Navin Fluorine is down 2%.

Lupin has launched Tolvaptan tablets in the US with 180-day marketing exclusivity.

The drug is used to slow the decline of kidney function in adults and has estimated annual US sales of $1,467 million.

Here are a couple of stock recommendations by Sudeep Shah, Head – Technical & Derivatives Research at SBI Securities

Buy Canara Bank for a target price of ₹110-115 with a stop loss of ₹101

Buy HDFC AMC for a target price of ₹4,750-4,800 with a stop loss of ₹4,400

One97 Communications (Paytm) bounced back from earlier lows.

After falling as much as 4%, the stock is now down only 1.74%.

The current price of the stock is at ₹851.50.

Defence stocks were trading with gains of up to nearly 7% on Tuesday, May 13, after Prime Minister Narendra Modi, in his address to the nation on Monday, post the pause in India-Pakistan military action, called for “Made In India” defence equipment.

#AtherEnergy sees distribution-led growth lifting market share@_prashantnair @Nigel__DSouza https://t.co/Hfugo0Pm9S

— CNBC-TV18 (@CNBCTV18Live) May 13, 2025

Several stocks from the Nifty Smallcap 100 index are trading higher today, with Redington leading the pack, up nearly 5.5%. Sagility India and Zen Technologies have also gained around 5% each. Afcons Infrastructure is trading close to 5% higher, while IIFL Finance is up nearly 4.92%.

Larsen & Toubro has received an order worth between ₹2,500 crore and ₹5,000 crore for its buildings and factories division.