The Indian stock market indicators — the Sensex and Nifty 50 — ended the trading session on Thursday, November 13, with minimal fluctuations, as investors realized profits after recent upward movements and monitored developments related to the 2025 Bihar election outcomes. The Sensex experienced a modest increase of 12 points, representing a 0.01% rise, closing at 84,478.67. Similarly, the Nifty 50 saw a slight gain of 3 points, also a 0.01% increase, finishing at 25,879.15. The broader markets underperformed, as evidenced by the BSE Midcap index declining by 0.34% and the Smallcap index experiencing a decrease of 0.30%.
Market activity exhibited significant volatility, ultimately concluding the week with minimal change on the expiry day, reflecting a temporary halt following the recent robust upward momentum. After experiencing an initial decline, the Nifty exhibited a generally positive trend throughout the majority of the session. Nevertheless, late-session profit-taking led to a reversal of intraday gains, ultimately resulting in the index closing unchanged at 25,879.15. The sectoral performance exhibited a mixed trend, with real estate, pharmaceuticals, and metals closing in positive territory, whereas the FMCG and IT sectors experienced slight downward pressure. Concurrently, the overall markets experienced a phase of profit-taking, as evidenced by a decline of approximately half a percent in both midcap and smallcap indices. The initial optimism was supported by favorable domestic macroeconomic indicators, notably a significant decline in retail inflation to a multi-year low of 0.25% in October, which has heightened expectations for a potential near-term rate cut by the RBI. Positive global indicators, particularly the robustness of U.S. equities, contributed to a favorable sentiment throughout the day,” stated Ajit Mishra.
Companies are set to announce their second quarter results today : Hero Motocorp, Eicher Motors, LG Electronics India, GMR Airports, and Bharat Dynamics are expected to draw interest.
Stocks to monitor today :
- Hero MotoCorp reported a 16% year-on-year growth in its standalone net profit, amounting to Rs 1,393 crore.
- NBCC India has successfully obtained a contract valued at Rs 340 crore for the execution of Phase-I construction activities for the Central University of Kashmir located in Tulmulla, Ganderbal.
- LG Electronics reported a 27% year-on-year decline in net profit for the second quarter, totaling Rs 389 crore, down from Rs 536 crore in the corresponding period last year.
- Tata Motors CV reported a consolidated net loss of Rs 867 crore on Thursday, contrasting with a net profit of Rs 498 crore for the corresponding period last year.
- Nippon Life India AMC announced that its Board of Directors has sanctioned a strategic alliance with Germany’s DWS Group GmbH and Co. KGaA, a prominent player in the European asset management sector.
- Bharat Dynamics has entered into a contract valued at Rs 2,095.70 crore with the Ministry of Defence for the provision of Invar anti-tank missiles to the Indian Army.
- Tata Steel expressed approval on Thursday regarding the government’s decision to implement anti-dumping duties on certain steel products imported from Vietnam, characterizing it as a beneficial advancement for the domestic sector. The organization stated that the initiative is expected to mitigate the impact of unfair imports entering the Indian market.
- SpiceJet has made a strategic decision to appoint Chandan Sand as an Executive Director on its board, indicating a potential shift in governance and operational oversight.
- Apollo Tyres reported a 13% decline in consolidated net profit year-on-year, amounting to Rs 258 crore for the September quarter. This decrease was primarily influenced by a Rs 176 crore provision associated with the restructuring of its facility in the Netherlands.
- Eicher Motors reported net profit of Rs 1,369 crore in the second quarter of the current financial year, marking an increase of 24% from Rs 1,100 crore in the same period last year. The Delhi-based two-wheeler maker’s revenue from operations advanced 45% to Rs 6,172 crore in the July-September period from Rs 4,263 crore in the year-ago period. Eicher Motors reported mixed operational performance as its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also known as operating profit jumped 39% to Rs 1,512 crore in the September quarter as against Rs 1,088 crore a year earlier, but its EBITDA margin contracted by 100 basis points to 24.5%. Royal Enfield reported its highest quarterly sales to date, achieving 3,27,067 motorcycles sold, which marks a 45% increase from the 2,25,317 motorcycles sold in the second quarter of the previous financial year.
- IPCA Laboratories on Thursday posted a 23% year-on-year increase in consolidated net profit at Rs 283 crore for the second quarter ended September 30, 2025. The drug firm reported a net profit of Rs 229 crore for the July-September period of the last fiscal. Revenue from operations rose to Rs 2,556 crore for the second quarter, as against Rs 2,355 crore seen in the year-ago period, Ipca Laboratories said in a regulatory filing.
- Patel Engineering on Thursday reported an 11.73% fall in consolidated net profit to Rs 64.7 crore for the September quarter and a fundraising plan of Rs 500 crore. It had clocked a net profit of Rs 73.3 crore in the July-September period of FY25, the company said in an exchange filing. The company, however, increased its income to Rs 1,271.6 crore in the second quarter, from Rs 1,230.9 crore in the year-ago period. For April-September FY26, the company saw its net profit grow by around 20% to Rs 144.7 crore, from Rs 121.1 crore in the six-month period of the previous fiscal.
- Muthoot Finance on Thursday reported an over 87% rise in net profit to Rs 2,345 crore in the second quarter ended September 2024. The company posted a net profit of Rs1,251.1 crore in the second quarter of the previous fiscal. The total income rose to Rs 6,461 crore compared to Rs 4,126 crore in the corresponding period a year ago, Muthoot Finance said in a regulatory filing. During the quarter, interest income increased to Rs 6,304 crore against Rs 4,068 crore in the second quarter of FY25.
- Voltas Ltd on Thursday reported a 76.28% decline in consolidated net profit to Rs 31.5 crore for the September quarter of FY26, as a subdued summer season and GST-related demand deferment weighed on its cooling business. It had posted a consolidated net profit of Rs132.83 crore in the July-September period a year ago, according to a regulatory filing from the Tata Group firm. Voltas’ revenue from operations declined 10.37% to Rs 2,347.32 crore in the September quarter of FY26 as compared to Rs 2,619.11 crore in the corresponding quarter a year ago.