Market Wrap, 13 July 2026: Benchmarks Close In Green Despite Early Losses

Market Wrap, 13 July 2026: Benchmarks Close

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Sensex and Nifty 50 were able to recover much of their losses by the end of the trading session on Monday, thanks to support from IT stocks. Read more.

The Sensex and Nifty 50 were able to pare morning losses significantly by the end of trading on Monday. Support from IT shares helped benchmark indices recover and close in the positive territory. At the closing bell, the:

  • Nifty 50 stood at 24,211.0, up 0.02%

  • Sensex stood at 77,616.40, up 0.06%

Broader markets also closed in the green. The Nifty Midcap 100 index ended 0.01% higher. On the other hand, the Nifty Smallcap 100 index closed 0.03% higher. The Nifty Metal, Nifty Realty, Nifty FMCG, and the Nifty Pharma declined, while the Nifty IT gained (see table).

The following stocks emerged as the top gainers and losers in the Nifty 50 index today:

Oil prices are close to $80 per barrel, after Iran said that it has closed the critical Strait of Hormuz. At 15:40, Brent oil futures for September stood at $77.99 per barrel. During the same time, West Texas Intermediate (WTI) futures for August stood at $73.35 per barrel.

Here are some other headlines of today:

  • Adani Energy Solutions, Apraava Energy and PE fund Act are the companies that have made it to the second round of negotiations for the sale of Polaris Smart Metering, the deal value of which is ₹1,500 crore.

  • State-owned oil marketing companies are looking forward to expanding the availability of 10-kg LPG cylinders to commercial customers.

  • Tata Consultancy Services has bagged a multi-million contract from ABB, a Swedish industrial technology firm.

  • Caryle plans to invest ₹1,175 crore in Micropack, an electronics parts maker for the defence sector.

  • The Submer Group of Spain plans to invest USD 2 billion in the semiconductor industry in Madhya Pradesh.

  • IT stocks like TCS, HCL Technologies, Infosys and others saw a surge of around 7% in early trade despite bearish sentiment prevailing on D-Street.

Gold and silver rates declined on the Multi-Commodity Exchange (MCX) amid renewed tensions between the US and Iran. At 15:41, gold August futures on the MCX stood at ₹1,42,228 per 10 grams, down 0.87%. September silver futures during the same time stood at ₹2,20,000 per kg, down 1.20%.

Industry watchers feel that markets are likely to experience volatility in the coming trading sessions, primarily due to fresh tensions in the Middle East.

Also Read- Nifty 50 Top Gainers and Losers Today, July 13

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit www.kotakneo.com/disclaimer.

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