Markets at Noon: Sensex, Nifty Dip as Aerospace & Defense Sector Soars
By ScanX News Team
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.
*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:
- Aerospace & Defense leads the pack with an average percentage change of 3.18%
- Engineering Services follows closely at 3.11%
- Transport sector shows strength with a 2.22% gain
- 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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