The Sensex rose 113.61 points to close at 78,079.96 while the Nifty 50 fell 40.10 points to 24,395.85 on Thursday, 13 August 2026, marking a third straight day of losses for the Nifty as metal and bank shares weighed.
Nifty Metal fell over 1 per cent as the worst performing sector while Nifty Chemical rose the most, with Hindalco, UltraTech Cement and Grasim the top Nifty losers.
Jubilant FoodWorks rose up to 4 per cent after first quarter profit grew 6 per cent to ₹97 crore, and Max Healthcare gained 2.5 per cent to ₹1,033 on 15.2 per cent revenue growth.
Brent crude eased 0.21 per cent to $88.79 after the IEA forecast a 1.6 million barrels a day decline in 2026 oil demand.
The Sensex rose 113.61 points, or 0.15 per cent, to close at 78,079.96, while the Nifty 50 settled 40.10 points, or 0.16 per cent, lower at 24,395.85.
The broader market leaned positive. The Nifty MidCap ended 0.15 per cent higher and the Nifty SmallCap gained 0.27 per cent.
Impact on the stock market
Sectoral gainers: The Nifty Chemical index rose the most among sectors, while the Nifty SmallCap’s 0.27 per cent gain and the Nifty MidCap’s 0.15 per cent rise kept the broader market in the green.
Sectoral losers: The Nifty Metal index fell over 1 per cent to end as the worst performer, which showed up directly in Hindalco’s place among the top Nifty losers. Bank shares also weighed on the Nifty through the session.
| Sector/Index | Performance |
| IT & BPM sector | 0.39% |
| Healthcare sector | -0.30% |
| Oil & Gas sector | -0.37% |
| Real estate sector | 0.97% |
| PSU Bank in India | -0.32% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| TATA Cons. Prod | 1,090.50 | 2.69 |
| TMPV | 349.60 | 1.92 |
| NTPC | 344.25 | 1.41 |
| HUL | 2,092.00 | 1.41 |
| Shriram Finance | 1,132.30 | 1.35 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| Hindalco | 1,046.25 | -2.99 |
| ICICI Bank | 1,406.80 | -1.74 |
| UltraTechCement | 11,706.00 | -1.56 |
| Grasim | 3,257.00 | -1.54 |
| Power Grid Corp | 266.60 | -1.06 |
Market aftermath: Impact on stocks
Tata Motors Passenger Vehicles: Profit Plunges 80% on JLR Troubles
Tata Motors Passenger Vehicles reported an 80 per cent year on year fall in net profit to ₹775 crore for the June quarter, as lower volumes and elevated incentives hurt its Jaguar Land Rover business. Revenue still rose 9.2 per cent to ₹95,799 crore, supported by strong growth at home even as JLR wholesales declined. The consolidated operating margin contracted 130 basis points to 7.4 per cent.
JLR had a rough quarter on multiple fronts. Wholesales fell 9.2 per cent due to temporary supply constraints, including a fire at a key component supplier, the Middle East conflict and the planned wind down of the Jaguar brand. JLR’s revenue declined 9.6 per cent to £5.97 billion, and its profit before tax and exceptional items dropped to £109 million from £351 million a year earlier.
The domestic business was the bright spot, with revenue growing 65 per cent year on year, though elevated commodity costs and currency movements limited the margin gains. Free cash flow was negative at ₹11,800 crore, mainly due to seasonal working capital, and the company ended the quarter with net debt of ₹42,200 crore. The company also recognised an accounting gain of about ₹82,616 crore linked to the demerger of its commercial vehicles business, which it clarified has no impact on net worth. The stock closed 1.92 per cent higher at ₹349.60, with the results announced after the session.
Jubilant FoodWorks: Domino’s Momentum Lifts Profit and the Stock
Jubilant FoodWorks shares rose as much as 4 per cent during the day and closed 2 per cent higher at ₹494.15 after the Domino’s Pizza operator posted a higher first quarter profit. Net profit rose about 6 per cent year on year to ₹97 crore from ₹92 crore, while consolidated revenue climbed to ₹2,570 crore from ₹2,261 crore a year ago. Margins held flat at 19.6 per cent.
The growth engine is turning again. Like for like sales grew 2.5 per cent during the quarter, a clear improvement from 0.2 per cent in the preceding three months, though still below the company’s long term target range of 5 to 7 per cent. Standalone revenue rose 9.2 per cent. The company also added 58 Domino’s stores during the quarter, taking its India network to 2,513 outlets.
The margin management deserves a mention. Jubilant limited the impact of inflationary pressures to about 20 basis points, against an expected hit of 200 basis points, through selective price increases and productivity measures. Chief Executive Sameer Khetarpal told shareholders that order momentum is improving at Domino’s India and that fried chicken chain Popeyes continues to deliver strong growth.
Max Healthcare: Steady Profit, Strong Cash Flow and Big Expansion Plans
Max Healthcare Institute reported a 3 per cent rise in net profit to ₹357 crore for the June quarter, from ₹345 crore a year earlier, and the stock responded by climbing 2.5 per cent to ₹1,033 in afternoon trade. Revenue from operations grew 15.2 per cent to ₹2,835 crore, while operating profit rose 15 per cent to ₹704 crore with the margin broadly stable at 24.8 per cent.
The operating details point to better pricing and a richer mix of treatments. Average revenue per occupied bed per day rose 5 per cent to ₹81,900 from ₹78,000 a year ago, while the average length of stay stood at 4.1 days.
Profit growth was moderated by the cost of expansion. New capacity at Mohali, Nanavati Max Mumbai and Max Smart Hospital pushed up depreciation, and borrowings for acquisitions such as Kalinga Hospital lifted net finance costs to about ₹71 crore from ₹55 crore. Net debt rose to ₹2,384 crore as of June 30 from ₹1,908 crore at the end of March. Even so, the business generated ₹397 crore of free cash flow during the quarter, and the board approved ₹425 crore of capital expenditure for an additional hospital block along with an in principle nod for setting up medical colleges.
Crude Oil: Demand Forecasts Finally Cool Prices
Crude oil futures traded lower on Thursday morning after both OPEC and the International Energy Agency flagged weaker demand for 2026. October Brent futures were at $88.79, down 0.21 per cent, and September WTI futures were at $82.96, down 0.37 per cent. On the MCX, August crude futures slipped 0.28 per cent to ₹7,906.
The forecasts diverge but point the same way. OPEC expects global oil demand to grow by just 0.58 million barrels a day in 2026 after a slight downward revision. The IEA went further, forecasting a decline of 1.6 million barrels a day, 510,000 barrels a day more than last month’s estimate, as the closure of the Strait of Hormuz and elevated fuel prices weigh on consumption. It expects the contraction to ease from 4.9 million barrels a day in the second quarter to 2.8 million in the third, before demand returns to growth in the final quarter.
The geopolitics stayed loud. US President Donald Trump posted that the US has total control over the Strait of Hormuz, describing the naval blockade as a wall of steel. Analysts at ING noted that the US and Iran remain in deadlock, while a large drone attack on Russia’s Novorossiysk port appears to have spared oil infrastructure. Elsewhere, aluminium fell 0.77 per cent to ₹350.20 on the MCX, while guarseed dropped 1.15 per cent to ₹6,031 and cottonseed oilcake eased 0.85 per cent to ₹4,104 on the NCDEX.
Conclusion
Thursday was a day of divergence. The Sensex rose while the Nifty fell for a third session, metals slid while chemicals climbed, and oil eased even as the Hormuz standoff continued. Jubilant FoodWorks and Max Healthcare showed that decent earnings still get rewarded, gaining 2 per cent and 2.5 per cent on their results. With demand forecasts now pulling oil prices lower and the US Iran deadlock unresolved, the tug of war between cheaper crude and geopolitical risk will set the market’s tone in the sessions ahead.
