On May 13, Indian stock markets managed to recover slightly after four consecutive days of losses. The Nifty 50 index increased by 0.14% to close at 23,412, while the S&P BSE Sensex rose by 0.08% to 74,615. This recovery was supported mainly by strong buying in metal and oil & gas stocks. Notably, the Nifty Midcap 100 index outperformed the frontline indices, gaining 0.74%, and the Nifty Smallcap 100 index rose 0.24%, indicating a shift in market sentiment towards the bulls. The surge in metal stocks was led by the Steel Authority of India, which saw a remarkable 14% increase, closing at ₹200 per share. Other metal stocks like Vedanta and Hindustan Copper also performed well, each gaining over 3%. Additionally, Dixon Technologies reported better-than-expected earnings, resulting in a 9.8% increase in its stock price to ₹11,131. However, Pine Labs faced significant losses, plunging 13.7% to ₹162.2 after the end of its six-month pre-IPO lock-in period. Overall, while some sectors thrived, others experienced notable declines, reflecting a mixed performance in the market.