Real-time Stock Market updates for Monday, January 13, 2025

Stock Market LIVE Updates: January 13, 2025 – Indian Equities Slide Amid Global Concerns

Indian benchmark indices, BSE Sensex and Nifty50, opened sharply lower on Monday, weighed down by adverse global cues and rising investor concerns.

At the opening bell, the BSE Sensex plummeted by 800.29 points, or 1.03%, to 76,578.62, while the Nifty50 fell 218.40 points, or 0.93%, to 23,213.10.

Performance Highlights

Sensex Movers: Among the 30 Sensex constituents, only IndusInd Bank (up 2.33%) and Axis Bank (up 0.35%) managed gains, while the remaining stocks traded in the red. The biggest losers included Zomato (-3.02%), followed by Mahindra & Mahindra, Tata Steel, Power Grid Corporation, and Tata Motors.
Nifty Gainers and Losers: On the Nifty50, five stocks managed to stay positive, led by IndusInd Bank (+2.27%), Shriram Finance, HCLTech, Britannia Industries, and Maruti Suzuki India. On the downside, BPCL (-2.03%) was the top loser, followed by Apollo Hospitals, Mahindra & Mahindra, SBI Life, and BEL.

Sectoral and Broader Market Performance

Sectoral Indices: All sectoral indices were in the red, with the Realty index posting the steepest decline of 2.42%. Other sectors under significant pressure included Consumer Durables, Healthcare, Metal, Auto, Oil, PSU Bank, and Pharma, all down over 1%. The Bank, Financial Services, IT, and FMCG indices also recorded notable declines.
Broader Markets: Broader indices mirrored the weakness, as the Nifty Midcap 100 shed 1.46%, and the Nifty Smallcap 100 slipped 1.36%.
Volatility Index: The India VIX surged 6.78% to 15.93, indicating heightened market uncertainty.

Global Context

The bearish sentiment in Indian markets aligns with global trends, as stronger-than-expected US payroll data released on Friday weighed on Wall Street indices. The data also drove Treasury yields higher, dampening hopes of an interest rate cut by the US Federal Reserve in the near term.

With global headwinds and domestic concerns, Indian markets are likely to remain under pressure throughout the day.

Disclaimer:
The records furnished in this article are for informational functions and do not represent financial or investment recommendations. Market investments are a problem with risks, which include a lack of fundamentals. Please talk with a certified economic consultant earlier than making any funding choices. Neither the writer nor the platform is liable for any losses incurred based on the facts offered.