Sensex Drops 477 Points, Nifty Opens Below 25,150; Auto, Banking and Realty Shares Lead Market Decline

Stock Market Today: Sensex Slides 477 Points, Nifty Falls Below 25,150 As Banking, Auto And Realty Shares Decline
Domestic stock markets witnessed a weak opening on Friday, November 13, as persistent selling pressure dragged benchmark indices lower. The downturn followed losses in the previous session, with banking, automobile and real estate stocks emerging as the major contributors to the decline.

At around 9:17 am, the BSE Sensex was down 476.53 points, or 0.58%, at 81,434.48. The NSE Nifty 50 declined 170.90 points, or 0.68%, to 25,128.45, slipping below the 25,150 mark.

The weakness extended to midcap and smallcap stocks, indicating that investors were reducing exposure across the broader market. The Nifty 100, Nifty 200 and Nifty 500 were lower by approximately 0.6% each. Meanwhile, the Nifty Midcap 100 declined 0.68%, and the Nifty Smallcap 100 dropped 0.39%.

Stocks In Focus: M&M, HDFC Bank Among Major Losers

Selling was visible across several heavyweight stocks, with most Nifty constituents trading in negative territory.

Mahindra & Mahindra led the losses, falling 1.82%, followed by HDFC Bank and IndiGo, which declined 1.41% each. Bharat Electronics slipped 1.28%, Bajaj Finance lost 1.10%, and Maruti Suzuki dropped 1%.

On the other hand, select stocks managed to remain in positive territory. Sun Pharma gained 0.49%, Hindustan Unilever rose 0.20%, while Tata Steel and Power Grid advanced 0.08% each. Titan registered a marginal gain of 0.06%.

Realty, Automobile And Banking Indices Under Pressure

The real estate sector recorded the sharpest decline among sectoral indices, with the Nifty Realty index falling 1.19%. The Nifty Auto index followed with a loss of 1.04%.

Financial stocks also witnessed considerable selling. The Nifty Financial Services ex-Bank index declined 0.97%, while the Nifty Financial Services index fell 0.88%. The Nifty Bank and Nifty Private Bank indices dropped 0.72% and 0.76%, respectively.

The Nifty Metal index declined 0.64%, while FMCG and IT indices fell 0.53% and 0.55%, respectively.

Pharmaceutical and healthcare stocks bucked the broader trend. The Nifty Pharma index gained 0.21%, and the Nifty Healthcare index advanced 0.16%. The Nifty Media index was marginally lower by 0.11%.

What Is Weighing On The Stock Market?

Several domestic and international developments contributed to the cautious mood among investors.

1. Losses In US Markets: Wall Street ended Thursday in negative territory, with all three major indices declining 0.4%. The S&P 500 closed at 7,592.40, the Dow Jones Industrial Average at 52,297.09 and the Nasdaq Composite at 25,366.09. Uncertainty surrounding Nvidia and volatility in technology stocks contributed to investor caution.

2. Global Market Signals: Asian markets largely traded higher, with Japan’s Nikkei 225 rising around 1.5-1.6% and South Korea’s Kospi gaining approximately 2.6%. Despite these gains, Indian benchmarks failed to draw support from the regional rally.

3. Crude Oil Concerns: International oil prices remained elevated, with Brent crude hovering around $95.49 per barrel and WTI crude near $88.49. Expensive crude is a concern for India because of its dependence on imported oil and the potential impact on inflation and the country’s trade balance.

4. Inflationary Pressure: Retail inflation in India reportedly climbed to 6.09% in October 2026, exceeding the RBI’s upper tolerance limit of 6%. The increase has fuelled concerns about interest rates and the central bank’s monetary policy outlook.

5. Institutional Trading Activity: Foreign institutional investors remained net buyers, purchasing equities worth approximately Rs 7,830 crore on November 12. However, domestic institutional investors sold shares worth around Rs 6,331 crore, according to provisional exchange data.