Share markets in India open on a weaker note:Rising oil prices following Iran’s declaration of Hormuz closure spook investors

Share markets in India opened on a weaker note on Monday, 13 July, 2026. Rising oil prices following Iran’s declaration of Hormuz closure have spooked investors worldwide. The 30-company Sensex drooled 630 points to 76,938.42 level. The 50-company Nifty shed 177 points and traded at 24,030 level. Stocks like IndiGo, Tata Steel, Asian Paints, Bajaj Finance, Eternal and Maruti were among the biggest losers. Sectoral shares mostly fall Monday Sectorally, on the NSE, barring Nifty Media, IT and Midsmall Healthcare, all other indices traded with losses with Nifty Metal falling the most by 1.05%. US-Iran break ceasefire The US again launched several waves of strikes on Iran on Sunday, targeting 140 key Iranian military assets. Earlier, the Iranian regime had declared the Strait of Hormuz was closed. Oil gains: Rising geopolitical tensions added fuel to the fire of elevated global oil prices. The global standard for oil prices, Brent crude, jumped more than 3% to $79 per barrel mark on Monday. Asian markets also fall today US markets were up on July 10 Foreign investors bought shares worth ₹4,427 crore rupee in the last 7 days Note: FIIs and DIIs net buying/selling figures are in crore rupees. Markets was bullish on Friday Earlier last week, that is on Friday, July 10, the market saw gains. Sensex closed at 77,569 with a rise of 828 points (1.08%). Nifty also gained 244 points (1.02%), reaching 24,206. (This is a developing news)