Brief by Shorts91 Newsdesk / 05:06am on 13 Apr 2026,Monday Business
India’s equity markets opened sharply lower after US-Iran talks collapsed, triggering a surge in crude oil prices above $100 per barrel. The BSE Sensex fell 1,613.09 points (2.08%) to 75,937.20, while the Nifty 50 declined 1.92% to 23,589. The Nifty Bank dropped 2.27%, reflecting broad-based selling pressure across sectors. The sharp market reaction underscores investor concerns over geopolitical instability and rising energy costs impacting inflation and economic outlook. Elevated crude prices and global uncertainty weighed heavily on sentiment, driving volatility in equities, currency movements, and broader financial markets during early trading hours. (PC: X)
