In the morning session of the Indian stock market, the indices showed a mixed performance with the Sensex holding steady at 74,555.56 and the Nifty 50 inching up by 0.10% to 23,403.95. Despite this stability, several stocks faced significant declines, with Torrent Power, Gujarat State Petronet, and Cohance Lifesciences leading the list of top losers.
Biggest decliners today
Torrent Power emerged as the biggest loser in the morning trade, with its stock price dropping by 7.35% from its opening value to reach ₹1,480.20. The stock experienced a high of ₹1,561.50 and a low of ₹1,475.80 during the session. Gujarat State Petronet followed closely, falling by 7.13% to ₹268.35, having opened at ₹287.55 and fluctuated between a high of ₹290.00 and a low of ₹257.15. Cohance Lifesciences also saw a notable decline, dropping 5.27% to ₹459.10, despite reaching a high of ₹474.80 earlier in the session.
Kalyan Jewellers India and Affle 3i also featured among the top decliners. Kalyan Jewellers India fell by 4.74% to ₹344.65, while Affle 3i slipped 4.45% to ₹1,514.80. Both stocks faced downward pressure despite opening at relatively higher levels.
Sectoral patterns
The declines were not confined to a single sector, indicating a broader market sentiment affecting various industries. Sun TV Network, part of the media sector, dropped by 4.34% to ₹535.90. In the financial sector, Five-Star Business Finance saw its stock decrease by 3.83% to ₹451.45. Real estate company Brigade Enterprises fell by 3.34% to ₹694.80, while IT firm Zensar Technologies declined by 3.27% to ₹492.00. United Breweries, from the consumer goods sector, also faced a downturn, falling by 3.03% to ₹1,367.80.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Torrent Power | 1,538.20 | 1,561.50 | 1,475.80 | 1,480.20 | -7.35% |
| Gujarat State Petronet | 287.55 | 290.00 | 257.15 | 268.35 | -7.13% |
| Cohance Lifesciences | 448.30 | 474.80 | 443.00 | 459.10 | -5.27% |
| Kalyan Jewellers India | 351.00 | 351.05 | 340.10 | 344.65 | -4.74% |
| Affle 3i | 1,571.00 | 1,577.40 | 1,509.10 | 1,514.80 | -4.45% |
| Sun TV Network | 560.50 | 560.50 | 531.45 | 535.90 | -4.34% |
| Five-Star Business Finance | 469.15 | 469.15 | 444.10 | 451.45 | -3.83% |
| Brigade Enterprises | 718.00 | 729.70 | 688.00 | 694.80 | -3.34% |
| Zensar Technologies | 504.90 | 504.90 | 490.50 | 492.00 | -3.27% |
| United Breweries | 1,414.00 | 1,415.40 | 1,365.00 | 1,367.80 | -3.03% |
What this means for the market
The mixed performance of the indices, coupled with the significant declines in several stocks, suggests a cautious sentiment among investors. As the session progresses, market participants will be keenly observing any developments that could influence these trends, particularly in sectors that have shown vulnerability this morning.
Data as on May 13, 2026, 11:30 AM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.