Overview
- Sensex closed up 304.32 points at 80,539.91 and Nifty settled at 24,619.35 on August 13, marking a sharp rebound after a volatile prior session.
- India’s July retail inflation fell to 1.55%, its lowest since January 2019, while softer US CPI bolstered expectations of a Federal Reserve rate cut.
- Foreign institutional investors sold equities worth ₹3,398.80 crore on August 12, but domestic institutional investors bought ₹3,507.93 crore and record mutual fund inflows of ₹42,702 crore supported the rally.
- Apollo Hospitals surged over 8% after reporting a 42% year-on-year jump in consolidated Q1 profit, leading gains in the pharma sector.
- Intraday volatility remained elevated with Sensex swings exceeding 800 points in recent sessions and traders are monitoring upcoming Trump-Putin talks and US tariff developments.