Sensex closes with gains of 114 points, Nifty slips as metal, pharma, PSU banks weigh
The Tribune 1 hr ago·13 Aug 2026, 10:28 am
The Indian equity markets closed on a mixed note today, with the BSE Sensex ending higher by 114 points while the Nifty 50 slipped into the red. The broader market sentiment was largely driven by volatility in key sectors, with heavyweights like Reliance Industries and HDFC Bank providing support to the index. However, the gains were capped by weakness in metal, pharma, and PSU bank stocks, which dragged the indices down.
For investors, this session highlights the ongoing rotation within the market. While some pockets of the economy are showing resilience, cyclical sectors are facing headwinds due to global commodity trends and domestic policy shifts. This divergence suggests that investors should remain selective, focusing on quality stocks rather than chasing broad market rallies.
Looking ahead, the market will likely react to upcoming macroeconomic data and corporate earnings. Investors should keep a close watch on global cues, particularly from the US markets, as they continue to influence Indian equities. A cautious approach is recommended until clarity emerges on the economic recovery and sector-specific trends.
Excerpt from The Tribune
Mumbai (Maharashtra) [India], August 13 (ANI): The share markets ended on a mixed note on Thursday, with the Sensex gaining 113.61 points, or 0.15 per cent, to close at 78,079.96, while the Nifty 50 declined 40.10 points, or 0.16 per cent, to settle at 24,395.85 as weakness in metal, pharma and PSU bank stocks weighed…Read the original at The Tribune
Key takeaways
- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
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