Stock Market Today, May 13: The stock markets recorded marginal gains to close in the green territory on Wednesday, with key benchmark indices - Sensex and Nifty - snapping a four-session losing streak even as the rupee erased all morning gains to hit a fresh lifetime low despite the government's measures to support the Indian currency, elevated crude oil prices and persistent geopolitical uncertainties restricted the upside.

Sensex, Nifty Today

The 30-share BSE Sensex gained 49.74 points or 0.07 per cent to end the session at 74,608.98 after witnessing sharp intra-day swings. During the session, the index touched an intra-day low of 74,134.48 and a high of 75,191.57.

The NSE Nifty50 settled at 23,412.60, up 33.05 points, or 0.14 per cent. The index moved between a low of 23,262.55 and a high of 23,582.95 during the day.

Sensex Heatmap Today - Top gainers and losers

From the 30-share Sensex constituents, Asian Paints, Tata Steel, Adani Ports, Bharat Electronics, Bharti Airtel and Larsen & Toubro were among the winners.

Mahindra & Mahindra, Infosys, Tata Consultancy Services, Sun Pharma and Tech Mahindra were among the biggest laggards.

Among the top gainers in the Nifty pack were Asian Paints, Adani Enterprises and Tata Steel, which helped support the benchmarks amid volatile market conditions.

Stock Market Today - Quick Highlights

• Nifty snaps 4 session losing streak, closes near 23400 mark
• Asian Paints, Adani Enterprises were the top gainers
• Eicher Motor and M&M were the top losers
• Nifty Bank declines for the 4th consecutive session, mainly dragged by AU Small Finance and Federal Bank
• Nifty Midcap snaps 3 session losing streak; SAIL and DIXON Technologies were the top performers
• Nifty Smallcap snaps 2 session losing streak; mainly led by IFCI and Meesho
• Nifty Metal top sectoral gainer hits a record all time high and snaps 3 session losing streak
• SAIL and Vedanta lead gains except Jindal Stainless Ltd, all constituent close in green
• Nifty Metal registers biggest intraday gains since 1 year
• Nifty Energy snaps 3 session losing streak; NLC India and HPCL were the top gainers
• Nifty FMCG and Pharma closes in slight green
• Nifty Auto declines for 4th consecutive session; Eicher and Hero Motocorp lead losses
• Nifty IT top sectoral loser closes in red for 3rd consecutive session, declines over 1%
• Except Mphasis all constituents close in red
• Coforge and Infosys were the top losers in IT index

Sachin Gupta, VP - Research, Technical Research, at Choice Broking Private Limited, said, "Indian equity benchmark Nifty index witnessed a flat to positive close on 13th May 2026. The index opened on a flat note at 23,362.45 and initially witnessed weakness, registering its intraday low of 23,262.55 within the first few minutes of trade. However, buying interest emerged from lower levels, helping the index recover steadily and touch an intraday high of 23,582.95 during the session. In the latter half, the market witnessed some profit booking from higher levels, which trimmed gains and led the index to finally settle at 23,412.60, ending the day with a marginal gain of 33.05 points or 0.14%. On the daily timeframe, the index formed a Doji-like candlestick pattern, indicating indecisiveness in the market. The formation reflects a balance between buyers and sellers after the recent sharp decline, suggesting that participants remain cautious at current levels."

"From a technical perspective, immediate support is placed in the 23,200-23,250 zone, while resistance is observed around the 23,550-23,600 range. The Relative Strength Index (RSI) stands at 40.52, indicating weak momentum, although the index attempted to stabilize after recent selling pressure. The volatility index, India VIX, rose 0.75% to close at 19.42, indicating that uncertainty and cautious sentiment continue to persist in the market. In the derivatives segment, notable call writing was observed at the 23,500 and 23,600 strikes, while put writing was concentrated at the 23,400 and 23,300 levels, indicating a defined trading range with a cautious undertone," he further said.

Sectorally, the market witnessed a mixed trend, with strength seen in Metal, Consumer Durables, and Oil & Gas stocks, while weakness continued in IT, Auto, and Realty counters. Market breadth remained moderately positive, with advancing stocks outnumbering declining stocks, indicating selective buying interest in the broader market, Gupta added.

• 20 Day EMA - 23,926.53
• 50 Day EMA - 24,115.51
• 100 Day EMA - 24,115.51
• 200 Day EMA - 24,701.01

"The Bank Nifty index opened on a flat to positive note at 53,600.40 and initially slipped lower to register its intraday low of 53,194.25 within the early phase of trade. Buying interest then emerged at lower levels, pushing the index sharply higher towards an intraday high of 54,103.90. However, the latter half of the session witnessed profit booking from higher levels, which erased most of the intraday gains. The index eventually settled at 53,456.15, ending the day lower by 99.05 points or 0.18%. On the daily timeframe, the index formed a Doji-like candlestick pattern, indicating indecision and lack of clear directional momentum in the banking space. The inability to sustain higher levels suggests that sellers remain active near resistance zones," the analyst said.

"Technically, immediate support is placed in the 53,000-53,100 zone, while resistance is observed around the 54,100-54,200 range. The Relative Strength Index (RSI) stands at 38.99, indicating weak momentum and a continued cautious bias in the banking index," he said.

"Markets witnessed a volatile yet range-bound session, with benchmark indices recovering from early weakness but failing to sustain gains at higher levels due to profit booking in the latter half. The formation of Doji-like candlestick patterns across key indices reflects indecision among market participants after recent sharp declines. Although selective buying interest emerged in broader markets, elevated India VIX levels and weak momentum indicators suggest that caution continues to prevail. Going ahead, sustained movement beyond immediate resistance or support zones will be crucial in determining the next directional trend," Gupta concluded.

Rupee sinks to fresh record low of 95.80 against US dollar

The Indian rupee sinked to a new all-time intraday low of 95.80 against the US dollar on Tuesday, weighed down by soaring crude oil prices, continued foreign investor selling and heightened geopolitical tensions surrounding the fragile Iran-US ceasefire.

Brent crude, the global oil benchmark, fell 0.5 per cent to USD 107.27 per barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,959.39 crore on Tuesday, according to exchange data.

Broader markets, sectoral indices today

Broader markets also ended in positive territory, with the Nifty MidCap index rising 0.77 per cent and the Nifty SmallCap index gaining 0.31 per cent.

Sectorally, the Nifty Metal, Nifty Oil and Gas and Nifty Consumer Durable indices emerged as the top performers, while the Nifty IT, Nifty Auto, Nifty Bank and Nifty Media indices witnessed the sharpest declines.

Market participants also remained cautious ahead of the scheduled meeting between US President Donald Trump and Chinese President Xi Jinping later in the day, where trade-related issues are expected to be discussed.

Investors further monitored geopolitical developments in West Asia after Washington adopted a tough stance on Iran following Trump's remarks on a fragile ceasefire, with global cues continuing to influence market sentiment.

ndia's retail inflation rose slightly to 3.48 per cent in April, mainly due to higher prices of gold and silver jewellery as well as some kitchen items, according to government data released on Tuesday.

In Asian markets, South Korea's benchmark Kospi, Japan's benchmark Nikkei 225, Shanghai's SSE Composite and Hong Kong's Hang Seng ended in positive territory.

Markets in Europe were trading on a mixed note. US markets ended mostly lower on Tuesday.

On Tuesday, the BSE benchmark tanked 1,456.04 points, or 1.92 per cent, to settle at 74,559.24. The Nifty dropped 436.30 points, or 1.83 per cent, to end at 23,379.55.