The BSE Sensex lost all intra-day gains and declined 136.69 points or 0.26% to close at 52,793.62. The broader NSE Nifty plunged 25.85 points or 0.16% to finish at 15,782.15. On the sectoral front bank, metal and power indices closed 1-2% lower, while auto, FMCG, and pharma indices gained 1-2%. BSE midcap index added 0.8% and smallcap indices rose 1.3%.

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

State Bank of India: The stock slipped 4.79% to close at Rs 440.50 after the bank reported a 41% year-on-year (YoY) rise in net profit at Rs 9,113.5 crore for the quarter ended March 2022, which was lower than the Street’s estimate of Rs 9,927.6 crore. SBI’s net profit for the March quarter was its highest ever but it still disappointed the market as expectations were on the higher side. The bank’s shares fell more than 1% in response to the quarterly results. The net profit growth came on the back of a 15.3% growth in net interest income (NII), which stood at Rs 31,198 crore.

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Tata Motors: The stock jumped 8.51% to close at Rs 404.00 after the auto major narrowed its consolidated net loss to Rs 1,032 crore for the quarter ended March 2022 from Rs 7,605 crore a year ago. The company reported an 11.5% YoY decline in consolidated revenue from operations to Rs 78,439 crore for the March quarter.

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Tech Mahindra: The stock settled 0.97% down at Rs 1,201.00 after the IT firm reported a 10% sequential rise in its consolidated net profit to Rs 1,506 crore for the quarter ended March 2022, which was higher than the analysts’ expectations of Rs 1,411 crore. Tech Mahindra reported a 5.8% QoQ rise in consolidated revenue from operations to Rs 12,116 crore for the reported quarter. The company board has also recommended a final dividend of Rs 15 per share for the financial year ended March 31, 2022.

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Emami: The stock price fell 5.05% to close at Rs 428.00 after the company reported its March quarter earnings. Net profit came in at Rs 356 crore in the reported quarter compared with Rs 87.7 crore in March 2021 quarter. EBITDA went up 0.7% at Rs 164 crore against Rs 162.8 crore in the year-ago period. EBITDA margin stood at 21.3% against 22.3% in the previous year’s quarter.

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Union Bank of India: The share surged 7.11% to close at Rs 36.15 after Union Bank of India posted an 8.3% rise in its March quarter net profit at Rs 1,439.6 crore against Rs 1,329.8 crore in the year-ago period. Net interest income was up 25.3% at Rs 6,769.3 crore from Rs 5,403 crore in March 2021 quarter.