The Sensex and Nifty 50 closed lower on Monday, April 13, falling nearly 1%. The benchmark indices declined tracking Asian peers as crude oil price surged above $100 a barrel after US-Iran peace talks over the weekend failed to yield a deal, heightening the risks to India's economic growth and corporate profitability.
The Nifty volatility index jumped to 20.5 from 18.8 on Friday. Index heavyweights HDFC Bank and Reliance Industries weighed on the index.
The benchmark Nifty 50 opened 460 points lower with a gap-down start, by the end of the session, it managed to recover almost 300 points from the day’s low. At the close, the Nifty 50 closed lower by 207.95 points, or 0.86%, closing at 23,842.65, below the 24,000 mark. The Sensex declined by 702.68 points, or 0.91%, to 76,847.57 on Monday. The Bank Nifty relatively outperformed frontline indices as it fell by 0.55% and settled at 55,605.
Oil marketing companies came under pressure, with BPCL down 2.14%, HPCL losing 3.11%, and Indian Oil shedding 1.24% as higher crude prices threatened margins.
Crude Oil Prices Above $100
The peace talks between US and Iran failed and Trump's threat to blockade the Strait of Hormuz has sent energy prices sharply higher, stoking inflation concerns and adding to worries about global growth. Brent crude futures were up around 8% on Monday, trading above $102.50 per barrel.
Nifty Energy Managed to End in Green
On the sectoral front, 10 out of 11 key sectoral indices ended in negative territory. Meanwhile, broader indices such as the Nifty Midcap and Nifty Smallcap 100 indices relatively outperformed benchmark indices, declining by 0.57% and 0.46%, respectively.
On Monday, the Nifty Energy index was the top-performing sectoral index, gaining 0.06%, with 50% of the constituents closing in the green. The index extended its gains for the 6th consecutive trading session.
On the flip side, the Nifty Auto ended down by over 2%.
Stock-Specific Highlights: Tata Chemicals and Aether Energy in Focus
Among individual stocks,
Nifty 50: Top Pullers and Draggers of the Day
The key drivers of the index gains were:
On the other hand, these stocks weighed on the in
Market Breadth on April 13
As of April 13th, 2026, the market breadth was in favour of declining stocks. Out of 3,325 stocks traded on the NSE, 1,306 advanced, 1,929 declined, and 90 remained unchanged.
A total of 73 stocks touched their 52-week highs, while 9 hit their 52-week lows. Additionally, 109 stocks were locked in their upper circuits, whereas 21 stocks were locked in lower circuits.