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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
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October 13, 2025
2 minutes
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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.