The Nifty50 continued its decline in the afternoon session on January 13, 2025, dragged by heavy losses in several large-cap stocks. At 12:08 PM, the index was trading at 23,217.55, down 213.95 points (-0.91%).

Key Losers:

  1. Trent: The stock plunged 5.04% to ₹6,252.25, marking one of the steepest declines in today’s session.
  2. Adani Enterprises: Declined by 3.23%, trading at ₹2,297.75 as pressure mounted on Adani Group stocks.
  3. Apollo Hospitals: Witnessed a sharp fall of 3.06%, currently at ₹6,821.45.
  4. Grasim: Dropped by 2.38% to ₹2,307.75.
  5. Wipro: The IT major slipped 2.43% to ₹293.25.

Broader Market Sentiment:

  • Sensex: Trading lower at 76,783.09, down 595.82 points (-0.77%).
  • Nifty Midcap: Declined by 282.90 points (-2.30%), reflecting broader market weakness.
  • Bank Nifty: Fell by 434.35 points (-0.89%), trading at 48,299.80.

The overall market sentiment remains bearish, with high volatility and selling pressure across sectors.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult your financial advisor before making any investment decisions.

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