Post Market, 13 April 2026: Benchmark Indices Fall, Sensex Down Over 700 Points, Nifty Dips By 208 Points

It was a weak session on Monday. The previous session’s gains faded, and selling gradually took over. Sentiment stayed on edge through the day.

The weekend talks between the US and Iran did not move things forward. The lack of clarity has left the markets uncertain about what lies ahead.

Closing Bell

Sensex fell over 700 points to close at 76,847. Nifty 50 also ended lower and lost 208 points to settle at 23,842.

Broader Markets

The pressure was not just limited to benchmark indices. The weakness was visible in the broader market as well. Midcap and smallcap indices ended about 0.5% lower.

The trend remained weak across sectors, too. Except for power, defence and telecom, most sectors ended in the red. FMCG, auto, IT, energy and oil & gas stocks were among the laggards, each declining by around 1%.

What Moved The Markets Today?

Ceasefire talks between the US and Iran in Islamabad over the weekend did not lead to any agreement, and that quickly brought uncertainty back into focus. What had seemed like a possible easing of tensions did not move forward as expected.

Concerns around the Strait of Hormuz and possible supply disruptions returned.

Oil picked up on this quickly. After easing briefly earlier, Brent crude moved higher again and was trading around the $102 per barrel mark, indicating that supply-side risks remain in play.

This kept global sentiment on the weaker side. Asian markets stayed under pressure through the session, as rising oil prices and geopolitical uncertainty weighed on risk appetite.

Back home, foreign outflows continue to be a concern. Foreign Portfolio Investors (FPIs) have pulled out around ₹1.8 lakh crore from Indian equities so far in 2026, already higher than the full-year outflow of ₹1.66 lakh crore in 2025.

The rupee also reflected some of this pressure. It weakened by about 55 paise to open at ₹93.28 against the US dollar, as higher crude prices and global uncertainty weighed on the currency.

Commodities Watch: Gold And Silver

Gold and silver opened lower on Monday, as markets remained cautious amid ongoing uncertainty around the ceasefire and its durability.

In early trade (09:11 IST), gold futures on MCX slipped 0.69% to ₹1,51,600 per 10 grams, while silver fell 2.15% to ₹2,38,043 per kg.

By midday (around 11:05–12:12 IST), both metals had edged slightly higher from their opening levels but were still trading below their previous close. Gold was trading at ₹1,51,805 per 10 grams, while silver traded at ₹2,38,594 per kg.

Later in the session (around 15:15–15:20 IST), prices came under pressure again. Gold slipped 0.69% to ₹1,51,598 per 10 grams, while silver declined 2.04% to ₹2,38,300 per kg.

Also Read - Why Power Stocks Are Rising Even As Markets Fall

What Should Investors Watch Next?

The way markets have moved over the last few sessions stands out. The ceasefire announcement had led to a sharp recovery, but that momentum did not sustain once fresh developments came in.

Each new development is shifting sentiment, showing how closely markets are tracking global cues right now. That makes the near-term direction less clear.

What matters from here is whether the overall situation starts to stabilise. Until then, markets are likely to stay reactive, with headlines driving moves more than fundamentals.

Sources:

Livemint

Moneycontrol