- Summary
- The Sensex fell 318.56 points to close at 81,592.45 while the Nifty 50 lost 155.05 points to end at 25,144.30 on Friday, 13 November 2026, ending a three-day winning streak as banks, financials, realty and metals declined on concerns about rising prices.
- Realty, Auto and Cement fell the most among sectors and Media held up best, while the Nifty MidCap 100 and SmallCap 100 slipped 0.24% and 0.26%.
- Microsoft fell 2.5% after a 12-hour global outage disrupted Outlook and Teams, FACT gained up to 3% on an 88% jump in profit, and Turtlemint hit its 5% upper circuit after forecasting 40% revenue growth.
- Crude prices had eased on Thursday on reports of possible direct US-Iran talks, with Brent at $91.29, the lowest level in several weeks.
The Sensex fell 318.56 points, or 0.39%, to close at 81,592.45, while the Nifty 50 dropped 155.05 points, or 0.61%, to end at 25,144.30. After a strong run that took the Nifty above 25,000, investors took some profits on Friday. The main concern was inflation: if prices keep rising, interest rates are less likely to fall, and that hurts the banks, lenders and property developers that led the recent gains.
Shriram Finance, Tata Motors Passenger Vehicles and Grasim Industries were the top Nifty losers. The broader market held up better than the benchmarks, with the Nifty MidCap 100 down only 0.24% and the Nifty SmallCap 100 down 0.26%. This suggests investors were taking profits rather than selling broadly.
Impact on the stock market
Sectoral gainers: No sector posted a meaningful gain. Nifty Media held up best, losing the least on a day when most sectors were in the red.
Sectoral losers: Nifty Realty, Nifty Auto and Nifty Cement declined the most. Realty had jumped 4% on Thursday, so part of Friday’s fall was profit-taking. Property developers and cement makers are both sensitive to interest rates, which makes them vulnerable to the inflation concerns.
| Sector/Index | Performance |
| IT & BPM sector | -0.72% |
| Healthcare sector | -0.38% |
| Oil & Gas sector | -0.68% |
| Real estate sector | -1.39% |
| PSU Bank in India | -0.51% |
Top gainers today
Here are the stocks that delivered the Top gainers in today’s trading session. The table below lists each company along with its share price and percentage change for the day.Â
| Company | Share Price (in ₹) | Change % |
| Eicher Motors | 7,650.00 | 1.34 |
| HUL | 1,992.90 | 0.96 |
| BSE Limited | 3,937.70 | 0.73 |
| Asian Paints | 2,550.00 | 0.53 |
| Bharti Airtel | 2,106.00 | 0.48 |
Top losers today
Here are the stocks that saw the Top losers in today’s trading session. The table below lists each company along with its share price and percentage change for the day.Â
| Company | Share Price (in ₹) | Change % |
| Shriram Finance | 970.00 | -3.37 |
| TMPV | 287.40 | -3.31 |
| Grasim | 3,034.00 | -2.60 |
| Hindalco | 943.60 | -2.12 |
| Adani Enterprises | 2,688.00 | -1.95 |
Market aftermath: Impact on stocks
Microsoft: Shares Fall 2.5% After a 12-Hour Global Outage
Microsoft shares fell 2.48% to $510.03 in pre-market trading on the Nasdaq at around 4.20 pm Indian time, after an outage lasting more than 12 hours disrupted Outlook, Teams and Copilot around the world. Businesses, government agencies and trading firms were affected, some companies had to delay publishing their results, and airlines warned customers about communication delays. Microsoft said the cause was a server problem rather than a cyberattack, and that services were starting to stabilise after it applied fixes more widely.
The outage added to existing pressure on the stock. Microsoft had already fallen 4.45% over two sessions earlier this week, after Anthropic announced tools that could compete with its Office software, which raised concerns that AI could take business away from traditional software companies. The stock recovered 0.3% on Thursday before Friday’s decline. This is also not Microsoft’s first recent outage: Microsoft 365 went down in January and last October, and an Azure cloud outage last month affected several industries. Repeated outages can damage the trust businesses place in Microsoft, which matters for a company whose customers depend on its services being available.
FACT Q2: Profit Jumps 88% Even as Revenue Falls
Fertilisers and Chemicals Travancore rose up to 3% after reporting net profit of ₹39.28 crore, up 87.9% from ₹20.9 crore a year earlier. The stock later gave up some of its gains and was trading 1.19% higher at ₹811.45 around 2 pm. Earlier this week, it gained 8.67% after the government approved a ₹62,370 crore fertiliser subsidy.
The increase came from better margins, not higher sales. Revenue fell 10.2% to ₹1,463.7 crore from ₹1,629.3 crore, but operating profit more than doubled to ₹98.4 crore from ₹39.5 crore. The operating margin rose to 6.7% from 2.4%. FACT sold less but earned much more on each sale. Together with the new subsidy, which helps protect fertiliser makers from higher input costs, the results give the stock support from both the company’s performance and government policy.
Turtlemint Q2: Upper Circuit on a 40% Growth Forecast
Turtlemint, the online insurance distributor, hit its 5% upper circuit, the maximum gain allowed in a day, at ₹64.18. The company said it expects revenue to grow 40% this financial year and to turn profitable at the net profit level. Motilal Oswal kept its target of ₹75, about 23% above the previous close. Quarterly revenue rose 35% to ₹340 crore, and the net loss narrowed to ₹25.7 crore from ₹46.2 crore, better than the ₹33.2 crore loss Motilal had expected.
The business is growing quickly. Insurance premiums sold through the platform rose 55% to about ₹1,210 crore, and 75.6% of that came from outside India’s 30 largest cities, where insurance use is still low. Renewal revenue, from customers renewing their policies, grew 42% to ₹71 crore, which provides a steady base of income. The main risk is regulation. Rules on how insurance can be sold are expected soon, and Motilal estimates that in the worst case they could reduce revenue by 30% in the next financial year, although Turtlemint could cut about ₹50-60 crore of costs to offset part of the impact.
Crude Oil: Brent at $91 on Hopes of Direct US-Iran Talks
On Thursday at 10.02 am, January Brent futures were at $91.29, down 1.58%, and WTI was at $85.30, down 1.42%. On the MCX, November crude fell 2.31% to ₹7,995 from ₹8,184, falling below ₹8,000.
The decline followed a Wall Street Journal report that Vice President JD Vance is considering face-to-face talks with a senior Iranian security official, with President Trump’s approval, although these discussions are still at an early stage. Iran’s security chief Mohsen Rezaei said no enriched nuclear material will leave the country and warned of consequences if the US launches new strikes. Russia and Ukraine also agreed to a major prisoner exchange at talks in Abu Dhabi. Brent has fallen from above $116 in late October to around $91, which has been a major support for Indian stocks over the past three weeks.
Conclusion
Friday’s decline looked more like profit-taking than a change in direction. The Sensex fell 319 points and the Nifty lost 0.61%, but midcaps and smallcaps barely moved, and the declines were concentrated in banks, realty and auto stocks after a strong week. Inflation is now the main concern, because rising prices would make interest rate cuts less likely. Company news was mostly positive: FACT showed that better margins can drive profit even when sales fall, and Turtlemint showed a fintech company moving closer to profitability. Microsoft’s outage was a reminder that problems at global technology companies can affect businesses everywhere. With oil around $91, attention is now turning to inflation and the progress of US-Iran talks.
