Share Market Today 13 August: On Wednesday, Indian stock markets began positively, buoyed by a decrease in domestic inflation and encouraging global signals. Nonetheless, attention is centered on the forthcoming meeting between US President Donald Trump and Russian President Vladimir Putin scheduled for later this week.
The Nifty 50 index began the day at 24,579.60, up 92.20 points or 0.38 per cent, while the BSE Sensex opened at 80,525.05, gaining 289.46 points or 0.36 per cent.
According to Motilal Oswal Financial Services, "India's July inflation has eased to an 8-year low of 1.55 per cent from 2.1 per cent previous month, significantly below the RBI's projection of 3.1 per cent, raising expectations of an interest rate cut by the central bank."
The brokerage further noted that on the domestic front, falling oil prices, now at a two-month low of USD 66 per barrel, and anticipation of a favourable outcome from the 15th August US-Russia talks on a Ukraine ceasefire are further boosting investor confidence.
Share Market Today 13 August: Top Gainer and Top Losers
In the sectoral indices, Nifty Auto, Media, Metal, Pharma, PSU Banks all sector shares gained at the time of filing this report. On the corporate front, major companies scheduled to announce their first-quarter results today include BPCL, Max Healthcare, Muthoot Finance, United Spirits, IRCTC, Jubilant Foodworks, Godrej Industries, and Deepak Nitrite.
In the broad market indices on NSE, all major indices gained in the opening session. Nifty 100 up by 0.29 per cent, Nifty Small Cap 100 gained 0.47 per cent, Nifty Midcap also surged by 0.61 per cent.
Share Market Today 13 August: Asian Market Update
In Wednesday's opening trade, all major indices in other Asian markets showed gains. Japan's Nikkei 225 increased by 1.3 percent, Singapore's Straits Times rose over 1 percent, Hong Kong's Hang Seng Index went up by 1.67 percent, Taiwan's Weighted Index climbed 0.84 percent, and South Korea's KOSPI index grew by 0.59 percent.
Globally, US July inflation came in at 2.7 per cent, slightly below the 2.8 per cent forecast and unchanged from the previous month. In commodities, Manav Modi, Analyst, Precious Metal Research at MOFS, said, "Gold price is hovering around Rs. 1 lakh on the domestic front, supported by a weaker dollar amidst weak US inflation data which increased bets for an interest rate cut in Sept'25, however a trade truce between US and China kept gains in check."