Post Market, 13 May 2026: Sensex Gains 49.74 Points, Nifty Rises By 33.05 Points

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13 May 2026 saw markets recover marginally from consecutive losses. A strong rally in metal stocks helped offset broader concerns around volatility and global tensions.

Markets opened lower than the previous close today. It remained under pressure through the first half of the session. However, the market recovered gradually in the second half and managed to end marginally higher. This comes after a four-day losing streak.

Even so, the overall tone remained cautious. Global uncertainty continued to weigh on sentiment.

Sensex went up 49.74 points to close at 74,608.98. Nifty 50 rose 33.05 points to settle at 23,412.60.

Metal stocks emerged as the strongest-performing sector today, with the Nifty Metal index surging over 3%. Infrastructure and consumer durable stocks also ended firmly higher.

On the other hand, IT and auto stocks remained under pressure. The Nifty IT index declined 1.13%, while the Auto index slipped nearly 1%.

Broader markets outperformed the benchmark indices, with the Nifty Midcap 100 index gaining 0.77% and the Smallcap 100 index rising 0.31%.

Earnings season continues to drive stock-specific action in the market. Here are some of the key Q4 updates:

  • Dixon Technologies: Revenue up 2% YoY at ₹10,510 crore vs ₹10,292 crore; EBITDA down 7.8% YoY at ₹408.4 crore vs ₹443 crore

  • Berger Paints: Net profit up 27.8% YoY at ₹335 crore vs ₹262 crore; revenue up 6.1% YoY at ₹2,868 crore vs ₹2,381 crore

  • Stove Kraft: Net profit up 328.6% YoY at ₹6 crore vs ₹1.4 crore; revenue up 32.5% YoY at ₹414.5 crore vs ₹312.9 crore

  • Texmaco Rail: Net profit up 45% YoY at ₹57.7 crore vs ₹39.8 crore; revenue down 13.3% YoY at ₹1,167 crore vs ₹1,346.4 crore

  • Cipla: Net profit down 54.6% YoY at ₹554.6 crore vs ₹1,221.8 crore; revenue down 3% YoY at ₹6,451.2 crore vs ₹6,730 crore

  • TVS Motor: Net profit up 33% YoY at ₹998 crore vs ₹750 crore; revenue up 34% YoY at ₹12,808 crore vs ₹9,550 crore

  • PFC: Net profit up 10.8% YoY at ₹6,999 crore vs ₹6,316.5 crore; revenue down 1.2% YoY at ₹28,919.5 crore vs ₹29,265 crore

  • Kirloskar Brothers: Net profit down 18.7% YoY at ₹112 crore vs ₹137.8 crore; revenue up 10.4% YoY at ₹1,415 crore vs ₹1,281.3 crore

  • GSK Pharma: Net profit up 5.75% YoY at ₹277.9 crore vs ₹262.8 crore; revenue up 2.1% YoY at ₹995.3 crore vs ₹974.4 crore

  • Jio Platforms IPO: Reliance Industries is reportedly preparing for the Jio Platforms IPO, with Akash Ambani expected to play a key role in the process. Reports suggest the company may begin work on draft papers and regulatory approvals soon.

  • Aditya Birla Health Insurance: Aditya Birla Health Insurance said wellness-linked incentives and customer engagement initiatives are helping improve profitability and claims management. The company continues to focus on health-based reward programmes for policyholders.

  • Ventive Hospitality: Blackstone-backed Ventive Hospitality plans to invest around ₹2,000 crore to expand its luxury hospitality portfolio. The company is looking to strengthen its presence across premium hotel and resort segments.

Markets managed to end slightly higher today, although the overall tone remained cautious through the session.

Metal stocks emerged as the biggest support for the market today. Shares of Hindustan Zinc, Vedanta, Hindustan Copper and NALCO rallied sharply after prices of gold, silver and several base metals surged globally.

The move also came after the government raised import duties on multiple categories of gold, silver and other precious metal imports to 15% from 6%. This improved sentiment across the metal space.

On the geopolitical front, uncertainty around the Iran situation continued to remain in focus. US President Donald Trump, meanwhile, is expected to discuss the issue further with Chinese President Xi Jinping during his visit to China.

Back home, FII flows remained negative, although the intensity of selling reduced compared to previous sessions. Foreign investors sold over ₹1,900 crore in the last session.

The rupee, however, continued to remain under pressure. It opened at ₹95.61 against the US dollar and ended lower at ₹95.71 during the session.

Volatility also stayed elevated. India VIX remained around the 19.4 mark, indicating that caution and nervousness are still present in the market despite today’s mild recovery.

Gold and silver futures witnessed a strong rally through the session, continuing the sharp momentum seen in metal stocks.

MCX Gold opened at ₹1,53,442 per 10 grams and moved sharply higher during the day. By around 15:34 IST, it was trading at ₹1,62,420, up ₹8,978, or about 5.85%.

Silver also saw a significant surge. MCX Silver opened at ₹2,79,062 per kg and climbed to ₹2,97,461 by around 15:35 IST, gaining ₹18,399, or roughly 6.59%.

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Today’s recovery was largely driven by the sharp rally in metal stocks. This helped benchmarks bounce back from intraday lows. It will now be important to see whether support broadens across sectors.

At the same time, the rupee continues to remain under severe pressure, and that is still a major concern for sentiment. Markets are also likely to stay sensitive to global developments in the coming sessions.

Sources:

Live Mint

Moneycontrol

CNBC

This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.

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