{"id":26029,"date":"2026-05-13T17:06:22","date_gmt":"2026-05-13T11:36:22","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=26029"},"modified":"2026-05-13T17:10:10","modified_gmt":"2026-05-13T11:40:10","slug":"sensex-jumps-500-points","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/sensex-jumps-500-points\/","title":{"rendered":"Sensex Jumps 500 Points From Day\u2019s Low, Nifty Closes Above 23,400 as Metal Stocks Rally"},"content":{"rendered":"

Sensex jumps and Nifty snap four-day losing streak after volatile trade<\/p>\n\n\n\n\n\n\n\n
Index<\/td>\nPrice<\/td>\nChange<\/td>\n% Chg<\/td>\n<\/tr>\n
Nifty 50<\/a><\/td>\n23,412.60<\/td>\n33.05<\/span> \u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span><\/td>\n+0.14<\/span>%<\/span><\/td>\n<\/tr>\n
Nifty Bank<\/a><\/td>\n53,456.15<\/td>\n99.05<\/span>\u00a0 \u00a0 \u00a0 <\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span><\/td>\n-0.18<\/span>%<\/span><\/td>\n<\/tr>\n
Nifty Financial<\/a><\/td>\n25,116.65<\/td>\n20.50<\/span>\u00a0 \u00a0 <\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span><\/td>\n-0.08<\/span>%<\/span><\/td>\n<\/tr>\n
BSE SENSEX<\/a><\/td>\n74,608.98<\/td>\n49.74<\/span><\/td>\n+0.07%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Indian equity markets ended marginally higher on Wednesday, breaking a four-session losing streak after a volatile trading session.<\/p>\n

The BSE Sensex rose 49.74 points to close at 74,608.98, while the Nifty 50 gained 33.05 points to settle at 23,412.60.<\/p>\n

Markets recovered sharply from intraday lows after investors stepped in for value buying following heavy selling pressure in recent sessions.<\/p>\n

During the day, the Sensex had fallen more than 424 points to hit a low of 74,134.48, while the Nifty slipped below the 23,300 mark before staging a strong recovery.<\/p>\n

Read Previous<\/span> : Sensex Crashes 1,456 Points as Rising Oil Prices and Global Tensions Shake Dalal Street<\/a><\/p>\n

\"Indian
Indian Stock Market Sensex Nifty50<\/span><\/figcaption><\/figure>\n

Biggest Market Drivers<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Market Driver<\/th>\nKey Impact on Markets<\/th>\n<\/tr>\n<\/thead>\n
Q4 Earnings Season<\/td>\nStrong earnings from companies like Power Finance Corp, Berger Paints and MTAR Technologies boosted sector sentiment.<\/td>\n<\/tr>\n
Metal Sector Rally<\/td>\nMetal stocks surged on rising global copper prices and supply concerns; Nifty Metal jumped over 3%.<\/td>\n<\/tr>\n
Crude Oil Prices Above $107<\/td>\nElevated oil prices increased inflation and current account deficit worries for India.<\/td>\n<\/tr>\n
Rupee at Record Low<\/td>\nRupee weakened near 95.80\/USD amid oil stress and foreign outflows, hurting sentiment.<\/td>\n<\/tr>\n
FII Selling Pressure<\/td>\nForeign investors sold over $23 billion worth of Indian equities, increasing volatility.<\/td>\n<\/tr>\n
DII Support & Retail Flows<\/td>\nDomestic investors and mutual fund inflows continued supporting markets despite FII selling.<\/td>\n<\/tr>\n
Gold & Silver Import Duty Hike<\/td>\nImport duty increase to 15% boosted bullion prices and gold ETFs while impacting jewellery stocks.<\/td>\n<\/tr>\n
MSCI Index Rejig<\/td>\nMSCI inclusion\/exclusion announcements triggered stock-specific inflows and volatility.<\/td>\n<\/tr>\n
Vodafone Idea Fundraising News<\/td>\nVodafone Idea shares rallied after plans for equity fundraising and capital infusion discussions.<\/td>\n<\/tr>\n
IT Sector Weakness<\/td>\nNifty IT remained under pressure due to AI disruption fears and global slowdown concerns.<\/td>\n<\/tr>\n
Technical Support at Nifty 23,400<\/td>\nRecovery above the 23,400 support level triggered fresh buying and short covering.<\/td>\n<\/tr>\n
Global Geopolitical Tensions<\/td>\nUS-Iran conflict and Hormuz Strait concerns continued impacting oil, rupee and equity sentiment globally.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Read More<\/span> : Cipla Q4 Results Shock Investors as Profit Drops 55% and Margins Shrink<\/a><\/p>\n

Metal stocks emerge as biggest market drivers amid copper rally<\/h2>\n

Metal stocks led the recovery and emerged as the strongest-performing sector of the day.<\/p>\n

The Nifty Metal index surged 3.18% to close at 13,290.80 as rising global copper prices boosted sentiment.<\/p>\n

Analysts said supply disruption concerns in mining regions and firm copper demand from China supported global metal prices.<\/p>\n

Among top gainers, Tata Steel<\/span><\/span> rose 3.73%, while Hindalco Industries<\/span><\/span> climbed 3.61%.<\/p>\n

The rally in metal shares played a major role in helping benchmark indices recover from lower levels.<\/p>\n

Value buying near 23,400 support level lifts market sentiment<\/h2>\n

Value buying after the recent correction became another major reason behind the market rebound.<\/p>\n

Both Sensex and Nifty had corrected nearly 4% over the last four trading sessions due to concerns around rising crude oil prices, geopolitical tensions and foreign investor outflows.<\/p>\n

Market experts said the Nifty finding support around the crucial 23,400 level triggered fresh buying during intraday trade.<\/p>\n

\u201cA sustained recovery above 23,400 may trigger a pullback towards 23,500-23,600,\u201d analysts at Choice Broking said.<\/p>\n

Short-covering by traders further supported the late-session recovery.<\/p>\n

Here\u2019s what happened today and why traders reacted<\/h2>\n

Markets remained highly volatile throughout the session as investors balanced global risks against domestic buying opportunities.<\/p>\n

Rising crude oil prices, continued FII selling and rupee weakness initially pressured equities.<\/p>\n

Brent crude hovered above $107 per barrel, raising concerns around inflation and India\u2019s current account deficit.<\/p>\n

However, investors used the sharp dip to accumulate quality stocks at lower valuations, especially in metals, banking and select FMCG counters.<\/p>\n

The rupee\u2019s recovery from record lows also helped improve market sentiment later in the session.<\/p>\n

India VIX rises as volatility remains elevated<\/h2>\n

Market volatility remained elevated despite the recovery in benchmark indices.<\/p>\n

India VIX, which measures market volatility and investor fear, rose 0.75% to settle at 19.43.<\/p>\n

The rise in volatility reflected continued caution among traders amid geopolitical uncertainty, elevated oil prices and foreign fund outflows.<\/p>\n

Analysts believe volatility may remain high in coming sessions as global developments continue to impact market direction.<\/p>\n

Top 5 Sector Gainers<\/h3>\n