Stock Market Today: Sensex Sheds 477 Points, Nifty Slips Below 25,150; Auto, Banking and Realty Stocks Weigh on Markets
Stock Market Today, November 13: Sensex Slumps 477 Points, Nifty Breaks Below 25,150 Amid Broad-Based Selling
Indian stock markets began Friday’s session on a weak note, with benchmark indices extending losses from the previous trading day. Heavy selling in banking, automobile and real estate stocks dragged the Sensex and Nifty lower, while weakness in heavyweight companies added to the pressure.
The BSE Sensex declined 476.53 points, or 0.58%, to 81,434.48 at around 9:17 am, compared with its previous close of 81,911.01. The NSE Nifty 50 dropped 170.90 points, or 0.68%, to 25,128.45, slipping below the crucial 25,150 level.
The bearish trend was not limited to frontline indices. Broader market indicators also opened in negative territory. The Nifty 100, Nifty 200 and Nifty 500 declined approximately 0.6% each. The Nifty Midcap 100 lost 0.68%, while the Nifty Smallcap 100 slipped 0.39%, reflecting widespread caution among investors.
Top Gainers And Losers
Most Nifty constituents traded lower during the opening session. Sun Pharma emerged among the early gainers, advancing 0.49%. Hindustan Unilever added 0.20%, while Tata Steel and Power Grid gained 0.08% each. Titan also edged up 0.06%.
Mahindra & Mahindra was among the biggest losers, falling 1.82%. HDFC Bank and IndiGo declined 1.41% each, while Bharat Electronics dropped 1.28%. Bajaj Finance shed 1.10%, and Maruti Suzuki slipped 1%.
Realty And Auto Stocks Lead Sectoral Decline
Sector-specific indices reflected the negative market mood, with real estate and automobile shares facing considerable selling pressure.
The Nifty Realty index registered the steepest decline, falling 1.19%, followed by the Nifty Auto index, which dropped 1.04%.
Financial stocks also remained under pressure. The Nifty Financial Services ex-Bank index declined 0.97%, while the Nifty Financial Services and Nifty Bank indices fell 0.88% and 0.72%, respectively. The Nifty Private Bank index lost 0.76%.
The IT index slipped 0.55%, while the FMCG and Metal indices declined 0.53% and 0.64%, respectively.
Pharmaceutical and healthcare stocks offered some resistance to the broader decline. The Nifty Pharma index gained 0.21%, while the Nifty Healthcare index advanced 0.16%. The Nifty Media index recorded a marginal loss of 0.11%.
Five Key Factors Behind Friday’s Market Weakness
1. Weak Closing On Wall Street
Negative cues from US markets weighed on investor sentiment. Wall Street ended Thursday’s session lower as investors remained cautious amid uncertainty surrounding Nvidia and fluctuations in technology stocks.
The S&P 500 declined 0.4% to 7,592.40, while the Dow Jones Industrial Average lost 0.4% to close at 52,297.09. The Nasdaq Composite also slipped 0.4%, settling at 25,366.09.
2. Mixed Impact Of Asian Market Trends
Asian markets provided little support to Indian equities despite gains across several major indices. Japan’s Nikkei 225 advanced around 1.5-1.6%, while South Korea’s Kospi climbed approximately 2.6%.
However, the positive performance of regional markets failed to improve sentiment on Dalal Street during early trading.
3. Rising Crude Oil Prices
Elevated international crude oil prices remained a concern for investors. Brent crude was trading near $95.49 per barrel, while US West Texas Intermediate (WTI) stood at approximately $88.49.
Higher oil prices could increase India’s import expenditure and put additional pressure on inflation, potentially affecting corporate margins and economic growth.
4. Retail Inflation Crosses RBI’s Upper Limit
Domestic inflation figures added to market concerns. India’s retail inflation reportedly rose to 6.09% in October 2026, reaching a two-year high and moving above the Reserve Bank of India’s upper tolerance threshold of 6%.
The increase has raised questions about the future direction of monetary policy, with investors concerned that interest rates may remain higher for an extended period.
5. Institutional Investment Trends Remain Mixed
Institutional trading activity presented a mixed picture. Foreign institutional investors (FIIs) purchased Indian equities worth approximately Rs 7,830 crore on November 12, according to provisional exchange data.
In contrast, domestic institutional investors (DIIs) recorded net sales of around Rs 6,331 crore. The difference in investment activity reflected divergent strategies among major market participants.
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