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Trendlyne Marketwatch
13 Aug 2026
Market closes mixed amid uncertainty over US-Iran talks
By Trendlyne Analysis

 

Nifty 50 closed at 24,395.85 (-40.1, -0.2%), BSE Sensex closed at 78,079.96 (113.6, 0.2%) while the broader Nifty 500 closed at 23,658.10 (-14.4, -0.1%). Market breadth is even. Of the 2,788 stocks traded today, 1,367 were on the uptrend, and 1,364 went down.

Indian indices closed mixed amid uncertainty over US-Iran talks, as both sides maintained hardline positions. The Indian volatility index, Nifty VIX, declined 2.2% and closed at 11.4 points. Black Box closed 7.8% higher as it secured an order worth $131 million from a US-based hyperscaler to set up a data centre in the country.

Nifty Midcap 100 and Nifty Smallcap 100 closed higher. BSE India Defence and Nifty India Defence were among the top index gainers today. According to Trendlyne’s Sector dashboard, Telecommunications Equipment emerged as the best-performing sector of the day, with a rise of 1.5%.

Asian indices closed mixed, while European indices are trading higher, except for Russia’s MOEX & RTSI indices. US index futures traded higher, indicating a positive start to the trading session. The US and Iran exchanged conflicting claims over the Strait of Hormuz, with Trump asserting US dominance over the waterway while Iranian authorities rejected the claim. Meanwhile, US CPI inflation eased to 3.4% in July from 3.5% in June, in line with expectations. The softer reading prompted traders to scale back bets on a near-term Fed hike, with the CME FedWatch Tool showing September hike odds falling to 37%–40% from around 54% a week earlier.

  • Money Flow Index (MFI) indicates that One97 Communications is in the overbought zone.

  • Bharat Heavy Electricals enters a partnership with Norway's Hystar AS to jointly develop and sell proton exchange membrane (PEM) electrolyser systems in India. The systems are used to produce green hydrogen by splitting water into hydrogen and oxygen using renewable electricity.

  • Minda Corp touches its all-time high of Rs 758.7 as its Q1FY27 net profit soars 3.2x YoY to Rs 206 crore, fueled by lower finance costs, higher share of premium products and one time gains from insurance claim and incorporation of a joint venture. Revenue jumps 33% to Rs 1,847.9 crore, helped by higher sales of its automotive portfolio, EV expansion and new product launches. It features in a screener of stocks with high momentum scores.

  • Urban Co is rising sharply as 3.2 crore shares worth Rs 428 crore reportedly change hands in a block deal at an average price of Rs 136 per share.

  • China’s Commerce Ministry says the country will continue imposing anti-dumping duties on single-mode optical fibre imports from India for another five years. The decision follows a sunset review that found ending the measures could lead to continued or renewed dumping and harm to domestic producers. Duty rates remain unchanged at 7.4%–30.6%, with Sterlite Technologies facing a 7.4% rate and Finolex Cables 30.6%, among other Indian exporters.

  • Ultratech Cement is falling as its promoter, Pilani Investment and Industries Corp, is reportedly planning to sell a 0.6% stake worth Rs 1,909 crore.

  • L&T is rising as it secures an order worth Rs 10,000-15,000 crore from Together AI to build India’s largest NVIDIA B300 AI Factory at its Chennai data centre, with capacity for 10,000 GPUs.

  • NBCC secures an order worth around Rs 234.8 crore from the Indo-Tibetan Border Police (ITBP) for project management consultancy services to construct and redevelop infrastructure at 28 border outposts in Ladakh.

  • The US International Trade Commission reportedly extends anti-dumping duties on Chinese difluoromethane (R-32), a common AC refrigerant, for another five years, citing potential harm to US industry. SRF and Navin Fluorine are positioned to benefit from continued US export access and pricing power as Chinese R-32 remains subject to duties.

  • Thyrocare Technologies is falling sharply as 1.3 crore shares worth Rs 793 crore reportedly change hands through a block deal at an average price of Rs 624 per share.

  • Sun TV Network is rising as its Q1FY27 net profit grows 16.9% YoY to Rs 618.8 crore, helped by higher profitability of its cricket network franchise. Revenue jumps 10.5% to Rs 1,634.4 crore, boosted by higher cricket network viewership and domestic subscription. It features in a screener of stocks with increasing book value per share in the past two years.

  • Aurionpro Solutions is rising as it secures an order worth Rs 100 crore from a data centre solutions provider to build and manage the digital infrastructure for an AI-ready data centre in Navi Mumbai.

  • Adil Agarwal, CEO of Dr. Agarwals Health Care, says TPG and Temasek are expected to retain their remaining stakes in the company as long-term investors after selling portions through open-market transactions. He adds that the promoters currently hold a 32.34% stake and plan to raise it above 40% to strengthen family control.

  • KRN Heat Exchanger and Refrigeration surges to its 5% upper limit as its Q1FY27 net profit jumps 164.8% YoY to Rs 32.9 crore. Revenue more than doubles to Rs 252.3 crore, led by growth at its KRN HVAC subsidiary and higher domestic and export sales. The company appears in a screener of stocks with book value per share improving over the last two years.

  • Black Box is rising sharply as it secures an order worth $131 million (~Rs 1,240 crore) from a US-based hyperscaler to set up a data centre in the country. The company's Q1FY27 net profit grows 17.9% YoY to Rs 55.9 crore, supported by lower raw material costs and a richer project mix. Revenue grows 24% to Rs 1,722.3 crore, boosted by strong order execution, data centre demand and acquisitions.

  • FIEM Industries plunges over 10% as its Q1FY27 net profit misses Forecaster estimates by 6.4% despite growing 12.8% YoY to Rs 64.9 crore due to higher raw materials, employee benefits, finance and depreciation & amortisation costs. Revenue rises 17.4% to Rs 780.2 crore, thanks to increased sales of automotive lighting and signalling equipment, rear-view mirrors and plastic moulded parts. It shows up in a screener of stocks with expensive valuations according to Trendlyne valuation score.

  • Kinjal Shah, Senior VP at ICRA, says India’s electric-bus operators face higher debt and equity funding needs as government subsidies moderate, increasing upfront financing requirements ahead of a potential Rs 1.5 lakh crore investment cycle over the next decade. He notes that subsidies have fallen to around Rs 20–30 lakh per bus from Rs 35–55 lakh under FAME-II scheme.

  • Astral is rising sharply as its Q1FY27 net profit surges 48% YoY to Rs 120 crore, owing to inventory destocking, lower finance costs and higher margins in the plumbing business. Revenue increases 16.1% to Rs 1,590.8 crore, fueled by higher sales in the plumbing and paints & adhesives segments. It appears in a screener of stocks with high trailing twelve-month (TTM) EPS growth.

  • Lenskart Solutions rises as its Q1FY27 net profit soars 3.7x YoY to Rs 221.8 crore, helped by vertical integration and product premiumisation. Revenue climbs 43% to Rs 2,782.7 crore, thanks to store expansion, demand for prescription eyewear and higher international sales. It features in a screener of stocks with increasing returns on equity (RoE) over the past two years.

  • Religare Enterprises is falling as it reports a net loss of Rs 20.8 crore in Q1FY27 compared to a net profit a year ago due to higher finance, commission, employee benefits and depreciation & amortisation costs. However, revenue grows 26% YoY to Rs 2,358.4 crore, led by improvements in the investing & financing, broking and insurance segments. The company's board of directors appoints Arjun Lamba as Managing Director, effective August 12.

  • The Society of Indian Automobile Manufacturers (SIAM) data reports a 34.3% YoY growth in passenger vehicle sales to 4.6 lakh units in July. Total two-wheeler sales rise 22.6% to 19.2 lakh units, as against 15.7 lakh units in July last year. Meanwhile, three-wheeler dispatches to dealers were up 33.4% last month at 92,560 units as against 69,403 units in the year-ago.

  • Jio Financial Services enters an agreement to sell a 49% stake in its subsidiary, Jio Credit, to Bank of America (BofA) for Rs 18,268 crore to form a joint venture (JV). Jio forms this JV to expand its presence in India's lending market by utilising BofA's capital, global financial expertise, technology and risk-management capabilities.

  • GMR Airports' board of directors approves a Rs 5,000 crore fundraise by issuing equity or other securities through a qualified institutional placement (QIP) or other modes. The company reports a net profit of Rs 91 crore in Q1FY27 compared to a net loss a year ago, helped by lower finance and depreciation costs. Revenue jumps 23% YoY to Rs 4,084.5 crore, driven by higher passenger traffic & tariffs, strong Delhi Airport performance and growth in the non-aeronautical business.

  • GE Power India is rising as it receives two orders worth around Rs 550 crore from Saudi Arabia’s Dar Al Balad for boiler modifications and related technical services for the Shoaiba Fuel Conversion Project.

  • Tata Motors is rising as its Q1FY27 net profit jumps 83.3% YoY to Rs 2,560 crore, mainly due to a mark-to-market gain on its investment in Tata Capital. Revenue increases 19.3% to Rs 20,667 crore, supported by growth in commercial vehicle volumes and higher domestic and export sales during the quarter. The company appears in a screener of stocks with zero promoter pledge.

  • Nifty 50 was trading at 24,342.70 (-93.3, -0.4%), BSE Sensex was trading at 78,111.91 (145.6, 0.2%), while the broader Nifty 500 was trading at 23,615.40 (-57.1, -0.2%).

  • Market breadth is in the green. Of the 2,216 stocks traded today, 1.216 were gainers and 912 were losers.

Riding High:

Largecap and midcap gainers today include Astral Ltd. (1,592, 8.7%), Solar Industries India Ltd. (20,324, 8.5%) and Bharti Hexacom Ltd. (1,568, 5.5%).

Downers:

Largecap and midcap losers today include Page Industries Ltd. (36,520, -4.6%), Balkrishna Industries Ltd. (2,409.90, -3.5%) and Zydus Lifesciences Ltd. (1,167.30, -3.1%).

Crowd Puller Stocks

36 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Astral Ltd. (1,592, 8.7%), Solar Industries India Ltd. (20,324, 8.5%) and Netweb Technologies India Ltd. (5,193, 7.4%).

Top high volume losers on BSE were Page Industries Ltd. (36,520, -4.6%), Minda Corporation Ltd. (711, -3.4%) and Five-Star Business Finance Ltd. (539.90, -2.6%).

Sarda Energy & Minerals Ltd. (518.75, 6.0%) was trading at 101.9 times of weekly average. Sun TV Network Ltd. (489, 2.3%) and Urban Company Ltd. (140.66, 1.2%) were trading with volumes 20.9 and 11.6 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

18 stocks hit their 52 week highs, while 3 stocks hit their 52 week lows.

Stocks touching their year highs included - Ajanta Pharma Ltd. (3,616, 2.1%), Aurobindo Pharma Ltd. (1,663.40, -0.2%) and Bosch Ltd. (46,750, 0.6%).

Stocks making new 52 weeks lows included - Godrej Consumer Products Ltd. (936.90, 3.0%) and JK Lakshmi Cement Ltd. (549.40, 0.0%).

15 stocks climbed above their 200 day SMA including Astral Ltd. (1,592, 8.7%) and Sarda Energy & Minerals Ltd. (518.75, 6.0%). 9 stocks slipped below their 200 SMA including Page Industries Ltd. (36,520, -4.6%) and NAVA Ltd. (576, -2.2%).

 
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