On November 13, 2026, the Sensex slumped by over 400 points, and the Nifty50 index fell below 25,150 during noon trading. This decline was mainly due to a sell-off in railway public sector units and cement stocks, combined with rising Brent crude oil prices and increasing US yields.
- The Sensex dropped as much as 0.75%, reaching an intraday low of 81,300.46 points.
- The Nifty50 slipped 0.88% to a session low of 25,077.55 points.
- Shares of Shriram Finance were the top losers, contributing significantly to the Nifty50 decline.
- Hitachi Energy India’s stock rose sharply by 13% after strong quarterly earnings.
- SpiceJet shares hit their 5% upper circuit following announcements of a potential capital raise.
Why Did the Sensex and Nifty50 Decline on November 13, 2026?
The Indian stock market indices, Sensex and Nifty50, traded in negative territory due to several factors. A major sell-off occurred in railway PSU and cement stocks. Additionally, a rebound in Brent crude oil prices and rising US bond yields pressured the market. These factors combined to create a cautious trading environment, leading to the indices’ decline.
Which Stocks Were the Biggest Losers and Gainers?
Shriram Finance was the top loser, heavily impacting the Nifty50 index. Other significant laggards included Adani Enterprises, InterGlobe Aviation (IndiGo), Tata Motors PV, and SBI Life Insurance Company. On the other hand, Bharti Airtel, Oil and Natural Gas Corporation (ONGC), Nestle India, Eicher Motors, and BSE were among the top gainers during the session.
What Caused Hitachi Energy India’s Stock to Rise?
Hitachi Energy India’s stock climbed as much as 13% to an intraday high of ₹32,250 per equity share. This increase followed the company’s robust earnings report for the quarter ended September 30, 2026. The company posted a 20.5% year-on-year rise in profit after tax to ₹318.49 crore, and its revenue from operations grew 63.5% to ₹2,996.5 crore.
What Are the Details Behind SpiceJet’s Stock Movement?
Shares of SpiceJet hit their 5% upper circuit, trading at ₹8.67 per unit. The airline’s board of directors announced a meeting scheduled for November 18, 2026, to consider raising fresh capital. The company plans to raise funds through equity shares, preference shares, debt securities, or other instruments via preferential issue, qualified institutional placements, or other methods deemed appropriate.
How Did Other Companies Perform in Their Quarterly Earnings?
Automotive Axles saw a 16% jump in stock price after reporting a 67% year-on-year net profit growth to ₹60 crore for Q2 FY27. Revenue also increased by 44% to ₹663 crore. Conversely, Oswal Pumps shares fell 7.25% after reporting a 59.4% year-on-year decline in net profit to ₹39.63 crore and a 6.2% drop in revenue.
Ola Electric Mobility’s shares declined 6.3% due to weaker-than-expected volume and revenue growth, along with conservative margin guidance. The company’s consolidated net loss contracted but revenues dropped 39% year-on-year.
TD Power Systems stock surged 9.6% following a 105.58% increase in consolidated profit after tax to ₹123.74 crore and an 85.94% rise in revenue to ₹841.31 crore.
Amber Enterprises shares gained 12.4% despite a rise in losses, supported by a 60% increase in revenue. Zee Entertainment Enterprises stock declined 3% after announcing a share buyback of up to ₹600 crore at a premium price.
Vodafone Idea (Vi) shares fell over 3% as the company’s consolidated loss widened to ₹5,975 crore in Q2 FY27, despite a slight increase in revenue.
Frequently Asked Questions
Q: What caused the Sensex to drop over 400 points on November 13, 2026?
A: The drop was mainly due to a sell-off in railway PSU and cement stocks, along with rising Brent crude oil prices and increasing US yields.
Q: Which company’s stock rose the most on this day?
A: Hitachi Energy India’s stock rose by as much as 13% after reporting strong quarterly earnings.
Q: Why did SpiceJet’s shares hit the upper circuit?
A: SpiceJet’s shares rose 5% following the announcement that its board would meet to consider raising fresh capital through various financial instruments.
Q: How did Ola Electric perform in the quarter?
A: Ola Electric’s net loss decreased, but its revenue dropped by 39% year-on-year, leading to a decline in its stock price.
This summary is based on market activity and company earnings reports from November 13, 2026.
