The Indian stock market presented a mixed scenario on Tuesday, May 13, 2025. Following a significant surge on Monday, the Sensex declined, while certain stocks like Allied Blenders & Distillers and Paytm remained active. Investors are closely monitoring geopolitical developments and corporate actions.
Key Stocks in Focus
Tata Steel's performance is under scrutiny, with investors awaiting further details on their Q1 results. Antfin, an Alibaba Group entity, is divesting a 4% stake in Paytm through a block deal on May 13, impacting Paytm's stock. Raymond Lifestyle reported a consolidated net loss of INR 45 crore for Q4 FY25, contrasting with a net profit last year, influenced by weak demand and a ransomware attack.
Allied Blenders & Distillers shares surged by 6.09% on May 12, outperforming its sector, indicating strong momentum despite broader market trends. Aether Industries' promoter, Purnima Desai, is offloading 6.77% of her stake in the company via an offer for sale, which opened to non-retail investors on May 13 and to retail investors on May 14.
Market Influences
Dalal Street investors experienced a wealth increase on May 12, but the Sensex dropped by 1,281.68 points on May 13, reflecting concerns over India-Pakistan relations and US-China trade talks. A temporary tariff reduction agreement between the US and China is in place, influencing global trade dynamics. India and Pakistan agreed to a ceasefire on May 10, but accusations of violations persist, adding to market uncertainty.