Updated: April 13, 2026 9:45:36 am IST
National Stock Exchange building in Bandra Kurla Complex, Mumbai.
After no progress in US-Iran peace talks, crude oil went above $ 100 per barrel, due to which the Indian stock market fell early today. At 9:15 am, the 30-share S&P BSE Sensex rose 2.08% or 1,613.09 points to 75,937.20, while the broader NSE Nifty 50 fell 1.92% to 23,589 points. Nifty Bank index was down 2.27% and Nifty Midcap 100 was down 2.02%.
Both equity benchmarks – NSE Nifty 50 and S&P BSE Sensex – rose about 6% last week, posting their best performance in five years, as investors took solace from the fragile US-Iran ceasefire but talks between the two countries in Islamabad ended in a deadlock. On Sunday, US President Donald Trump said the US Navy would begin blocking the Strait of Hormuz, escalating geopolitical tensions and sending oil prices higher.
Brent crude jumped nearly 7% to $102 a barrel.
“How this naval blockade, which will actually be a US blockade of Iran, will work out remains to be seen. There could be dramatic developments on the geopolitical front and consequently in the markets as well,” VK Vijayakumar, chief investment strategist at Geojit Investments Ltd., said in an email. “The ideal strategy in this highly-uncertain situation is to wait and see.”
After selling a record $12.7 billion in March, foreign portfolio investors (FPIs) have sold Indian stocks worth $5.15 billion so far in April. While FPI outflows accelerated, inflows into equity mutual funds by domestic investors hit an eight-month high of $4.4 billion in March, helping limit the market fall.
Nifty and Sensex are down about 4.5% since the Iran war started.
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Both equity benchmarks – NSE Nifty 50 and S&P BSE Sensex – rose about 6% last week, posting their best performance in five years, as investors took solace from the fragile US-Iran ceasefire but talks between the two countries in Islamabad ended in a deadlock. On Sunday, US President Donald Trump said the US Navy would begin blocking the Strait of Hormuz, escalating geopolitical tensions and sending oil prices higher.
Brent crude jumped nearly 7% to $102 a barrel.
“How this naval blockade, which will actually be a US blockade of Iran, will work out remains to be seen. There could be dramatic developments on the geopolitical front and consequently in the markets as well,” VK Vijayakumar, chief investment strategist at Geojit Investments Ltd., said in an email. “The ideal strategy in this highly-uncertain situation is to wait and see.”
After selling a record $12.7 billion in March, foreign portfolio investors (FPIs) have sold Indian stocks worth $5.15 billion so far in April. While FPI outflows accelerated, inflows into equity mutual funds by domestic investors hit an eight-month high of $4.4 billion in March, helping limit the market fall.
Nifty and Sensex are down about 4.5% since the Iran war started.
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April 13, 2026 9:45:35 am First
Sensex Nifty Live: DMart shares may fall by 50%, MK warns
According to MK, the value of shares of Avenue Supermart Limited, the operator of DMart retail stores, could be halved in the event of a recession.
The Mumbai-based brokerage has initiated coverage of the stock with a “Sell” rating and base target price. ₹3,700 each, with the caveat that the stock could fall to ₹2,200.
With a forward price-to-earnings valuation of 70 times, the stock is pricing in a business that DMart needs to become, not what it is currently, MK said. India’s instant-commerce companies, Swiggy Ltd. (Instamart) and Eternal Ltd. (Blinkit), are now costlier by only 4% to 13%.
April 13, 2026 9:21:09 am First
Sensex, Nifty 50 crash at opening bell
At 9:15 am, the 30-share S&P BSE Sensex rose 2.08% or 1,613.09 points to 75,937.20, while the broader NSE Nifty 50 fell 1.92% to 23,589 points. Nifty Bank index was down 2.27% and Nifty Midcap 100 was down 2.02%.
April 13, 2026 9:06:05 am First
Sensex Nifty Live: Rupee opens with fall against dollar
The rupee opened 65 paise lower at 93.28/dollar against Friday’s 92.73/dollar due to higher crude oil prices and expiry of the April 10 deadline to sell long dollar positions.
April 13, 2026 8:59:39 am First
Sensex Nifty Live: Stocks to watch today
• Enviro Infra Engineers Ltd gets two worth projects ₹Rs 972 crore from the Directorate of Swachh Maharashtra Mission.
• Torrent Pharma says US Food and Drug Administration inspection at Bileshwarpura oncology facility concluded with zero observations
• Vakrangee enters into strategic agreement with IndiaFirst Life Insurance to offer life insurance solutions.
