Enviro Infra Engineers Jumps on ₹972 Cr Project Wins, Nifty Auto Slips on Profit Booking - Paper by Pocketful
Market Recap: 13th April, 2026
Stock News Highlights
Enviro Infra Engineers (+15.03%): Stock advanced sharply after the company secured two projects worth ₹972.2 crore from the Swachh Maharashtra Mission Directorate, boosting its order book and infrastructure outlook.
Advait Energy Transitions (+1.08%): Stock rose after the company received L1 bid confirmation for a turnkey contract under the Vanbandhu Kalyan Yojana-2 (VKY-2) scheme, strengthening its project pipeline and growth visibility.
Mahindra & Mahindra (-1.21%): Stock declined despite the company reporting a 22% YoY rise in March sales to 100,194 units, as weak export performance and stake divestment in its subsidiary weighed on investor sentiment.
Larsen & Toubro (-0.14%): Stock unchanged after the company’s subsidiary, L&T Realty Properties, acquired a 100% stake in International Green Scapes, with the move aimed at expanding its real estate portfolio through land monetization.
Sectoral Performance
India Defence | Nifty India Defence (+0.42%): Index moved higher for the third consecutive session despite some declines, with 12 gainers and 6 losers, reflecting sustained buying interest and positive momentum in defence stocks.
Energy | Nifty Energy (+0.05%): Index remained flat amid mixed cues, with 21 gainers and 19 losers, as gains in upstream and select power stocks were offset by weakness in oil marketing companies due to rising crude oil prices and margin concerns, keeping overall sentiment neutral.
Auto | Nifty Auto (-2.09%): Index declined due to profit booking and rising cost concerns, with heavy selling seen in Maruti Suzuki, Eicher Motors, and Mahindra & Mahindra, weighing on overall sector sentiment.
Oil & Gas | Nifty Oil & Gas (-1.41%): Index declined sharply amid a surge in global crude oil prices following failed US-Iran talks and rising geopolitical tensions, increasing cost pressures across the sector. Out of 15 stocks, 12 declined while only 3 advanced.
Market Insights
Technical Level: Nifty opened with a sharp gap-down and witnessed recovery after the opening, finding support at 23,555 and moving upward through the session to close near resistance at 23,900.
Advance-Decline Ratio: Market breadth remained weak with Advance at 1,306 and Decline at 1,928, indicating broader selling pressure across stocks.
The Big Picture: U.S. President Donald Trump warned of imposing a 50% tariff on China over reports of potential military support to Iran, amid rising geopolitical tensions. While China has pushed for peace talks, uncertainty around its role and possible arms involvement has increased global market concerns and added pressure to international relations.
FII/DII Activity (April 10, 2026):DII bought ₹410 crore while FII sold ₹672 crore, indicating selling pressure from FIIs despite limited domestic support.
Watch Out For Tomorrow
Technical Level: Nifty opened with a sharp gap-down and witnessed recovery after the opening, finding support at 23,555 and moving upward through the session to close near resistance at 23,900.
Advance-Decline Ratio: Market breadth remained weak with Advance at 1,306 and Decline at 1,928, indicating broader selling pressure across stocks.
The Big Picture: U.S. President Donald Trump warned of imposing a 50% tariff on China over reports of potential military support to Iran, amid rising geopolitical tensions. While China has pushed for peace talks, uncertainty around its role and possible arms involvement has increased global market concerns and added pressure to international relations.
FII/DII Activity (April 10, 2026):DII bought ₹410 crore while FII sold ₹672 crore, indicating selling pressure from FIIs despite limited domestic support.
5-Day Course
Theme: Advanced Futures Trading Made Simple
Day 1 – Understanding Leverage & Margin Deeply
Futures trading allows you to control large positions with limited capital through margin. However, this leverage magnifies both profits and losses. Traders must understand initial margin, maintenance margin, and how margin calls work to avoid forced liquidation during volatile market conditions and manage positions efficiently.
Key Takeaway:
Leverage is powerful but requires strict control
Word of the day
Escalation: Escalation means a situation where tensions or conflict increase rapidly, especially in war. It often involves stronger actions or responses from opposing sides, leading to a more intense and serious situation.