India’s share market indices, Sensex and Nifty50, ended the day's trade in red on Tuesday, May 13, 2025. The Sensex (index with top 30 firms) tumbled 1,281.68 points to close at 81,148.22 on Tuesday. Meanwhile, Nifty50 (index with top 50 firms) was down 346.35 points to close at 24,578.35 points.
Indian share market opened on a tepid note on Tuesday, following a strong rally witnessed in the previous session. The early weakness was attributed to profit booking as the markets attempted to stabilize recent gains. However, the indices soon pared losses and turned positive, reflecting underlying investor confidence.
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According to market experts, Monday's strong rally was driven by high net-worth individuals (HNIs), while participation from foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) remained subdued. If institutional buying picks up alongside HNI interest, markets could see a broader turnaround.
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Ajay Bagga Banking and Market Expert told ANI "Indian markets surged, though the FPI and DII numbers were muted, which means that non-institutional buying was the major prop for the Indian markets. This morning futures are tepid but if the buying is coming from domestic retail and domestic HNI prop desks, then it should continue".
While there had been intense speculation and strong rhetoric since January 20, the final outcome appeared to be more subdued, changing little in terms of strategic direction but opening the door for fresh negotiations.
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