The Indian benchmark indices opened in a heavy selling mode on Monday, 13 April, 2026. The 30-company Sensex crashed 1,600 points. Similarly, the 50-company Nifty plummeted nearly 500 points. Stocks like IndiGo, Bajaj Finance, Asian Paints, Maruti, LT, Bajaj Finserv, SBI, Adani Ports and HDFC Bank were among the major losers on the Sensex. Sectoral indices mirror cautious mood Sectorally, on the NSE, all the indices traded with losses, with Nifty PSU Bank falling the most by over 3% followed by Realty, Financial Services, Auto, etc. Trump to blockade Hormuz; oil on the boil Global crude benchmark, Brent Oil prices rose 7% as US President Donald Trump said the US Navy would start blockading the Strait of Hormuz, following the failure of peace talks in Pakistan. Prices again soared past the $100 per barrel mark. Peace talks hit deadlock The US Central Command said it will begin implementing a blockade of all maritime traffic entering and exiting Iranian ports on 13 April at 7:30 pm IST (10 am ET / 1400 GMT). “The blockade will be enforced impartially against vessels of all nations entering or departing Iranian ports and coastal areas, including all Iranian ports on the Arabian Gulf and Gulf of Oman. CENTCOM forces will not impede freedom of navigation for vessels transiting the Strait of Hormuz to and from non-Iranian ports,” CENTCOM wrote in a statement on social media. Asian markets mostly fell on Monday US markets settled mix on Friday Rupee becomes weak Rupee plunged on Monday by 48 paise to 93.31 against the US dollar. Indian stock markets had shot up on Friday, 10 April, 2026, Sensex had advanced 918 points to 77,550.25 points. Similarly, Nifty had reclaimed the 24,000 mark. Post navigation Govt to release India’s March 2025 inflation data today:Which items Centre considers in calculating price rise under new base year?
