Sensex, Nifty plunge in early trade: M&M down 2%, see major gainer and laggard stocks
News9live 3 hrs ago·13 Nov 2026, 3:58 am
The Indian stock market opened lower on Monday, with both the Sensex and Nifty indices falling sharply in early trading. This decline was driven by broad-based selling across sectors, with auto stocks facing particular pressure. Mahindra & Mahindra (M&M) was among the biggest losers, dropping over 2% as investors reacted to a weak sectoral trend.
For investors, this move highlights how a single sector's weakness can pull down major indices. M&M's steep fall suggests that broader market sentiment is currently risk-off, and investors are likely rotating capital away from cyclical stocks. This volatility is typical during periods of market correction or when global cues are negative.
Moving forward, investors should watch the broader market breadth and global cues. If selling pressure eases and other sectors start to recover, M&M could see a bounce. However, if the weakness persists, the stock may face further downside. It is important to wait for a clear trend before making any decisions.
Excerpt from News9live
The Indian stock market opened in the red this morning. A few minutes after trading began Sensex 30 stood at 81,339.20 down 0.70% or 571.80 points while Nifty 50 was at 25,084.80, down 0.85% or 214.55 points. The rupee rose against the dollar this morning. Kolkata: The Indian stock market opened in the red this…Read the original at News9live
Affected stocks
Bearish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Mahindra & Mahindra (M&M).
- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development for Mahindra & Mahindra and could move the stock. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
