Markets at Noon: Sensex, Nifty Dip as Aerospace & Defense Sector Soars

1 min read     Updated on 13 May 2025, 12:01 PM
scanxBy ScanX News Team
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Overview

Indian markets are trending negative at midday on May 13, 2025, with Nifty 50 down 0.81% and Sensex falling 0.96%. Despite the overall downturn, sectors like Aerospace & Defense, Engineering Services, and Transport are showing strength. Buzzing stocks include KFin Technologies and Swiggy, both down due to block deals and lock-in expiry respectively. InfoBeans Technologies, CARE Ratings, and MAN Industries are bucking the trend with significant gains on positive company news.

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*this image is generated using AI for illustrative purposes only.

Market Overview

As of midday on May 13, 2025, Indian markets are showing a negative trend. The NSE Nifty 50 is trading at 24,722.35, down 202.35 points or 0.81% from its previous close. Similarly, the BSE Sensex stands at 81,637.98, registering a decline of 791.92 points or 0.96%.

Sectoral Performance

Despite the overall market downturn, several sectors are showing resilience:

  1. Aerospace & Defense leads the pack with an average percentage change of 3.18%
  2. Engineering Services follows closely at 3.11%
  3. Transport sector shows strength with a 2.22% gain
  4. Healthcare and Capital Goods sectors also perform well, up 1.63% and 1.58% respectively

Buzzing Stocks

Several stocks are making headlines in today's trading session:

KFin Technologies

Shares plummeted up to 7% following block deals involving 1.72 crore shares at an average price of ₹1,045.00 per share. The stock is currently trading at ₹1,074.60, down 3.87%.

Swiggy

The food delivery giant's shares fell up to 5% as the post-IPO lock-in period expired. It's currently trading at ₹308.65, down 3.64% from its previous close.

Aether Industries

The stock is down 3.64% at ₹776.60 as promoter Purnima Desai initiated an offer for sale (OFS) of up to 89.79 lakh shares at a floor price of ₹700.00 per share.

InfoBeans Technologies

Bucking the trend, the stock surged 15.09% to ₹351.95 following the announcement of a board meeting to consider a share buyback proposal.

CARE Ratings

Shares jumped 11.79% to ₹1,502.90 after reporting a 76.4% YoY increase in Q4 FY25 net profit and recommending a dividend of ₹11.00 per share.

MAN Industries

The stock is up 8.10% at ₹339.70 following a robust Q4 performance with PAT surging 182.4% YoY and revenue growing 50.3%.

Conclusion

While the broader market shows weakness, select sectors like Aerospace & Defense and Engineering Services are outperforming. Individual stocks are reacting to company-specific news, with some defying the overall market trend on positive developments.

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