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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.

#CNBCTV18Market | Jindal Stainless trades higher

Motilal Oswal initiates coverage with a Buy call, target at ₹770/sh pic.twitter.com/TUilc5FjJP

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

 #FromBloomberg | China removes ban on Boeing deliveries after US trade truce#USChinaTradeTalks pic.twitter.com/SFZCC4krDE

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

Power Mech has secured a contract worth ₹971.98 crore from Telangana Power Generation Corporation.#CNBCTV18Market | Defence stocks see buying on PM’s comment of focus on ‘Made In India defence equipment pic.twitter.com/TstBYWnebE

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

IIFL Finance shares are up nearly 5.5% at the moment.

The stock is down about 3% over the past six months but has risen nearly 3.5% over the past year.

As the Indian markets witness a major decline, the Nifty Smallcap 100 index is holding on. The index increased in value by 0.46%, rising to 16,835.85.

The shares of JM Financial are on the rise, as the company reported its Q4 results on Monday. JM Financial Ltd on Monday reported a near fivefold surge in its fourth-quarter consolidated net profit to ₹134.6 crore from ₹27.5 crore a year earlier, aided by improved lending margins and growth across key verticals.

The background and events that led to Trump’s new rule on drug pricing.

Explained Here…

A large trade took place in Paytm, with 1.7 crore shares—or 4.1% of the company’s equity—changing hands.#JustIn | #Kfin Large Trade | 10% equity changes hands at ₹1,045/sh https://t.co/uJVxZiOwnW pic.twitter.com/eh6lUE3yNm

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

The marquee indices opened red on Tuesday. After a day of major gains, the Nifty index opened at 24,864.05. Meanwhile, the Sensex index also opened at 82,249.60, lower than the previous closing.

Swiggy shares are under pressure, as the company shares declined by over 6%. The company’s shares have dipped to their lowest since their listing, dipping to ₹297.00 per share.

Citi has pointed out five key factors that could impact Reliance Industries‘ stock soon.

here..

The shares of Swiggy declined by over 5% as the delivery company’s lock-in period ends today. The current value of the shares is at ₹302.40.

Here are a couple of stock recommendations by Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal Financial Services

Buy LTIMindtree for a target price of ₹5,100 with a stop loss of ₹4,825

Buy HDFC Life for a target price of ₹770 with a stop loss of ₹720

Buy L&T for a target price of ₹3,750 with a stop loss of ₹3,525

Here are a couple of stock recommendations by Sudarshan Sukhani of Technical Trends:

Buy Indigo with a stop loss of ₹5,370

Buy NBCC with a stop loss of ₹97

Buy Wipro with a stop loss of ₹252

Buy Sun Pharma with a stop loss of ₹1,655

Rupee opens at 84.62/$ Vs Friday’s close of 85.37/$.

The rupee market was closed on May 12 on account of Buddha Purnima.

In Reds and Greens, here are some stocks to watch out for#StocksToWatch : Here’s a list of stocks in focus going into trade today ???? pic.twitter.com/93yqZgBquT

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

Piramal Pharmashares may move on Tuesday due to several key developments.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.