Stock Market Today: Pranit Arora Flags 10% Gold Silver Rally, Nifty 23,200 Support and Metal Stocks to Buy on 13 May 2026

The stock market today on 13 May 2026 has one dominant story: gold and silver are expected to rally approximately 10 percent in a single session. Pranit Arora, CEO and Co-Founder of Univest India, opens his latest stock market today video with this breaking development, reviews how his previous calls on SBI and IOC futures delivered, and lays out Nifty’s key levels and metal stock picks for the day.

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Watch Pranit Arora’s Stock Market Today Video for 13 May 2026

For the complete breakdown of the stock market today, including the gold and silver duty hike impact, Nifty’s support and resistance levels, previous call results and today’s stock picks, watch Pranit Arora’s full video on YouTube and Instagram.

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Watch on Instagram: Pranit Arora’s Market Reel

Breaking News in the Stock Market Today: Gold and Silver Set to Rally 10%

The biggest trigger in the stock market today is the government raising the total import duty and cess on gold and silver from 6 percent (5 percent duty plus 1 percent cess) to 15 percent. This nearly 2.5 times increase in the effective import tax directly raises the landed cost of precious metals in India.

The policy follows PM Modi’s appeal from two to three days ago urging Indians to voluntarily reduce gold and silver consumption. India pays for these imports in US dollars. High import volumes weaken the rupee by increasing dollar demand. By raising duties to 15 percent, the government aims to reduce import volumes, cut dollar outflows and strengthen the rupee, which hit a record low of Rs 95.50 on 12 May 2026.

In the stock market today, every gold and silver holding, including gold ETFs, sovereign gold bonds, MCX positions and physical holdings, will see its mark-to-market value rise by up to 10 percent as markets reprice to the new import cost structure.

Track live gold, silver and metal ETF performance on the Check the Univest Screener for live data.

How Pranit Arora’s Previous Calls Performed

Before sharing guidance for the stock market today, Pranit Arora reviews what he flagged in the previous session.

• Market stance (sell on rise): Correct. The sell on rise structure continued and Nifty also breached the 23,550 support level that was being monitored.
• SBI Futures (Short): Delivered. SBI fell following the Q4 FY26 NIM miss and continued PSU banking sector selling.
• IOCL Futures (Short): Delivered. IOC declined as crude oil above $104 per barrel widened OMC under-recoveries.
• Cash stocks (buy on dips): Continue to hold. Q4 FY26 results remain strong. No reason to panic. Keep adding quality on dips.

Nifty Outlook for the Stock Market Today: Support 23,200, Sell Zone 23,500-23,600

Support at 23,200: Bounce Possible

In the stock market today, Nifty is approaching the 23,200 gap-fill support zone. Option chain data backs this level. A temporary technical bounce is possible here due to PCR signals and proximity to support. This is a mean-reversion move, not a trend reversal.

Resistance at 23,500 to 23,600: Square Off and Short

If Nifty bounces from 23,200, the 23,500 to 23,600 band is the intraday sell zone. Pranit Arora recommends squaring off long positions at this resistance. Intraday traders can consider short positions at this band. The sell on rise market structure continues.

Stock Market Today Metal Picks: Vedanta, Hindustan Copper, Hindustan Zinc

The clearest theme in the stock market today is metals. Pranit Arora has been saying across multiple videos that 2026 is the year of metals. Today’s gold and silver duty hike adds powerful confirmation. Three specific stocks to add now and hold through year-end 2026.

Vedanta

Vedanta offers diversified exposure to zinc, copper, aluminium, iron ore and oil and gas. Rising commodity prices, the precious metals duty hike and India’s infrastructure capex cycle create a strong tailwind. Add today, hold through 2026.

Hindustan Copper

The only integrated primary copper producer in India. Structurally driven by EV adoption, solar infrastructure and power grid expansion. Add to portfolio and hold through 2026.

Hindustan Zinc

India’s largest integrated zinc producer. Zinc prices supported by supply deficits and rising infrastructure demand. Also pays consistent dividends. Core portfolio hold for the full year 2026.

Download the Univest iOS App or the Univest Android App to get daily stock recommendations and insightful research pieces on Vedanta, Hindustan Copper and Hindustan Zinc live prices and research!

Conclusion

The stock market today on 13 May 2026 is defined by the government’s gold and silver import duty hike to 15 percent driving a 10 percent precious metals rally. Nifty support is at 23,200 with resistance and the sell zone at 23,500 to 23,600. SBI and IOC futures shorts from the previous session both delivered. In the stock market today, Vedanta, Hindustan Copper and Hindustan Zinc are the metals to add now and hold through year-end. Watch Pranit Arora’s full video for level-by-level guidance and subscribe to Univest for daily research.

Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.

FAQs on the Stock Market Today 13 May 2026

What is Pranit Arora’s key call for the stock market today?

Ans. Pranit Arora’s key call for the stock market today is a 10 percent rally in gold and silver driven by the government’s import duty hike from 6 percent to 15 percent. For Nifty, support is at 23,200 and the intraday sell zone is 23,500 to 23,600. Metals — Vedanta, Hindustan Copper and Hindustan Zinc — are his top portfolio picks for the stock market today.

Why are gold and silver rising 10% in the stock market today?

Ans. In the stock market today, gold and silver are rallying because the government raised the combined import duty and cess from 6 percent to 15 percent, following PM Modi’s appeal to reduce precious metal imports. Higher import taxes raise domestic gold and silver prices by pushing up the landed cost, delivering a 10 percent revaluation gain to existing holders.

Which metal stocks should you buy in the stock market today?

Ans. Pranit Arora’s metal picks for the stock market today are Vedanta, Hindustan Copper and Hindustan Zinc. He has called 2026 the year of metals across multiple videos and the gold and silver duty hike today reinforces the entire metals sector thesis. Hold all three through year-end 2026.

What are the Nifty levels to watch in the stock market today?

Ans. In the stock market today, Nifty support is at 23,200 where a temporary gap-fill bounce is expected due to PCR signals. Resistance and the intraday sell zone is 23,500 to 23,600. Square off long positions at resistance. The broader stance remains sell on rise.