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The Chai Tattle - 13th May 2026

Investors did not show up in the market as they are unsure about the war and the ability of the macroeconomic shocks that might be hitting the market.

A topsy turvy day on the market as stocks went up, down, and then up again reflected in the value delta of the indices. The market is unsure of what actions will be taking place in the Iran-US war as marginal escalations continue and the effect of the oil increases now seriously is beginning to squeeze middle- and lower-class personnel and we can see early indicators of reduced economic and logistical activity.

The market sentiment from this point forward will be taking into account the surcharges and lack of economic activity derived from increasing inflation. 

Top News

INIL announced that they plan to enter into a JV to make an entry into the metals and mining business.

GEMBCEM announced inauguration of a 7.5MW wind captive power project at the Power Cement company.

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