Skip to content
Research Periodic Report BLS Crashes on MEA Ban; Tata Motors Slips Ahead of Demerger; Defence Stocks Weaken on Easing Tensions

BLS Crashes on MEA Ban; Tata Motors Slips Ahead of Demerger; Defence Stocks Weaken on Easing Tensions

Written by - Fisdom Research

October 13, 2025 2 minutes

Market Snapshot

  • Indian benchmark indices recovered from intraday losses, ending the session marginally lower on October 13 after a volatile, choppy trade.
  • The Nifty 50 managed to close above the 25,200 mark, supported by late-hour buying interest.
  • Market sentiment improved slightly on the back of easing US–China trade tensions and optimism over progress in India–US trade discussions, as highlighted by Prime Minister Modi.
  • Additionally, reports of a peace deal between Hamas and Israel provided some relief to global risk sentiment.
  • On the sectoral front, metal, telecom, IT, FMCG, capital goods, and consumer durables indices slipped between 0.5% and 1%, weighing on the broader market tone.

Sectoral Trends

Sector Name % Change Sector Name % Change
NIFTY PSU BANK 0.2 NIFTY REALTY 0.0
NIFTY MEDIA 0.1 NIFTY PHARMA -0.1
NIFTY PRIVATE BANK 0.1 NIFTY AUTO -0.1
NIFTY HEALTHCARE INDEX 0.0 NIFTY OIL & GAS -0.3

Top News

  • BLS International Services plunged nearly 18% to a 52-week low after the MEA barred it from future tenders for two years, though existing contracts remain unaffected.
  • Tata Motors slipped over 2% ahead of its October 14 record date for the demerger of its commercial vehicles business.
  • Defence stocks fell up to 3% as easing Middle East tensions weighed on sentiment, tracking weakness in global defence indices.

Top Gainers and Losers

Top Gainers % Change Top Losers % Change
ADANIPORTS 2.1 TATAMOTORS -2.2
BAJAJ-AUTO 1.5 INFY -1.5
BAJFINANCE 1.5 WIPRO -1.4

Technical Outlook: Key Indices

Indices Name Support Resistance
Nifty 25,100 25,400
Bank Nifty 56,200 57,000
Please visit www.fisdom.com for a standard disclaimer

Download one of India's best wealth management apps

Join more than one million investors and take control of your wealth

Download app