Updated: 13 May 2025 | By: Ujjval Jauhari
Stock Market Today: The Indian equity market witnessed its best day in four years, with the Nifty 50 index closing 3.82% higher at 24,924.70. Positive sentiment surged following a historic India-Pakistan ceasefire and a major breakthrough in US-China tariff negotiations. The Bank Nifty also rose by 3.34% to end at 55,382.85.
🔍 Trade Setup for Tuesday
According to Rupak De, Senior Technical Analyst at LKP Securities, as long as Nifty holds above 24,350, every dip is a buying opportunity. The current rally could extend to 25,350–25,750 in the short term. Bank Nifty’s next resistance is seen at 56,000–56,100, while support is near 53,480.
🌍 Global Drivers Behind the Rally
- India-Pakistan Ceasefire: Reduced geopolitical tension encouraged investor confidence.
- US-China Trade Deal: Resolution of key tariff issues boosted global risk sentiment.
- FII Inflows: Sustained foreign buying and retail participation supported the surge.
However, market expert Vinod Nair from Geojit Financial Services warns of potential consolidation ahead if earnings don’t meet expectations.
📈 Expert Stock Picks for Tuesday, 13 May 2025
Market analysts recommend the following eight stocks for short-term trading:
| # | Stock | Buy Price | Target | Stop Loss | Analyst |
|---|---|---|---|---|---|
| 1 | India Glycols Ltd | ₹1,555 | ₹1,660 | ₹1,500 | Sumeet Bagadia |
| 2 | Innova Captab Ltd | ₹942.5 | ₹1,010 | ₹905 | Sumeet Bagadia |
| 3 | State Bank of India (SBI) | ₹800 | ₹840 | ₹765 | Ganesh Dongre |
| 4 | Cyient Ltd | ₹1,260 | ₹1,350 | ₹1,200 | Ganesh Dongre |
| 5 | Apollo Tyres Ltd | ₹481 | ₹510 | ₹470 | Ganesh Dongre |
| 6 | HUDCO | ₹224 | ₹235 | ₹219 | Shiju Koothupalakkal |
| 7 | Power Grid Corp | ₹309 | ₹326 | ₹302 | Shiju Koothupalakkal |
| 8 | RCF Ltd | ₹143 | ₹151 | ₹140 | Shiju Koothupalakkal |
🧭 Outlook Ahead
While today’s surge was sentiment-driven, investors are advised to be cautious of potential volatility ahead. Keep an eye on Q4 earnings, global cues, and developments in the geopolitical landscape.
