On Monday (July 13, 2026) Benchmark indices Sensex and Nifty ended basically flat while a sudden upturn in crude oil prices linked to rising tensions in West Asia and sort of pushed one side of the market yet it still dragged broader investor mood down overall.
Resilience in IT and consumer durable stocks however did help out offset the effect of geopolitical concerns and it kinda enabled the benchmark indices to swing back from the early losses and then close on a largely flat note an expert said.
After falling sharply in the morning trade the 30-share BSE Sensex kind of rebounded by 219.9 points through the day but still didn’t quite manage to carry the momentum further.
The benchmark climbed 47.01 points,or 0.06%, to finish at 77,616.40. Earlier during the morning session it slumped 711.96 points or 0.91% to 76,857.43.
The 50-share NSE Nifty kinda eked out a slight uptick, 4.10 points , or 0.02%, to end around 24,211, having chalked up a third day of gains, more or less.
From the Sensex pack, Tata Consultancy Services jumped 5.43% to end up as the top gainer, while HCL Tech climbed 5.02% , Tech Mahindra 3.34% , Infosys 3.17% , NTPC 2.18 per cent and Kotak Mahindra Bank 1.83% .
Tata Steel, Eternal, InterGlobe Aviation, Maruti, UltraTech Cement and Bharat Electronics, were sort of the laggards.
“Indian equity markets ended largely flat after opening on a weak note as investors adopted a wait-and-watch approach amid escalating geopolitical tensions between the United States and Iran. Continued hostilities around the Strait of Hormuz which have disrupted oil tanker movements and pushed crude oil prices sharply higher, kept overall market sentiment cautious,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.
However, resilience across IT, consumer durables and financial services stocks helped in offsetting the impact of geopolitical concerns,allowing the benchmark indices to kind of rebound from early losses and close on a mostly flat note, he said.
