The BSE Sensex plunged 1,456.74 points or 2.68% to settle
at 52,846.70. During the day, it plummeted 1,776.36 points or 3.27% to
52,527.08. The Nifty plunged 427.40 points or 2.64% to close at 15,774.40.

The broader indices ended in red with the BSE Mid cap
index down by 2.73%, while the Small cap index was down by 3.15%. On the
sectoral front, IT was down by 3.92%, TECK down by 3.45%, Metal down by 3.39%,
Industrials down by 3.35%, PSU down by 3.34%, while there were no gaining
sectoral indices on the BSE.

Also Read | RBL Bank shares hit record low after appointment of new CEO

Here
are the key stocks that moved the most on May 13:

RBL Bank: The share price crashed 22.89% to close at Rs
87.60 after the bank appointed R Subramaniakumar as the new managing director
and CEO for three years. Leading brokerage firm CLSA India said the new CEO
appointment raises several questions about RBL Bank. It has downgraded the
stock to outperform from buy with a target price of Rs 130 per share.

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LIC: The stock ended 5.66% down at Rs 669.50 as the
downtrend of LIC shares continued for the 10th straight session and stakeholders
remained anxious ahead of the end of the lock-in period for anchor investors in
LIC’s IPO.

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UltraTech Cement: The stock fell 2.96% to close at Rs
5,348 amid weak market conditions. Fitch Ratings has revised the Outlook on
India-based UltraTech Cement Limited’s (UTCL) Long-Term Foreign-Currency Issuer
Default Rating (IDR) to Stable from Negative and affirmed the Foreign and Local
Currency IDRs at ‘BBB’. The Outlook on the Local-Currency IDR is Stable, it
said.

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Vedanta: The stock closed 3.88% at Rs 289.50 after it
started iron ore mining operations in Liberia over a decade after it acquired
the necessary rights as the Ebola epidemic disrupted its plans. Western Cluster
(WCL), a step-down subsidiary of Vedanta, had signed an agreement with the
Liberian government for three iron ore mines namely Bomi, Bea and Mano in 2011.
The company has its groundbreaking ceremony at the Bomi mine on Wednesday, as
per a regulatory filing Vedanta.

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Ansal Housing: The share ended 7.79% down at Rs 7.10
after the firm received a notice from Housing Development Finance Corporation
(HDFC). HDFC through its notice informed that if dues are not cleared by the
promoters (borrowers) against their loans, the HDFC may invoke or sell shares
of Ansal Housing as held and pledged by the promoters.