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  1. Stock market fall: BPCL, IndiGo, Maruti Suzuki among key NIFTY100 stocks down up to 5.4% today

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Stock market fall: BPCL, IndiGo, Maruti Suzuki among key NIFTY100 stocks down up to 5.4% today

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3 min read | Updated on April 13, 2026, 12:17 IST

SUMMARY

NIFTY50 and Sensex saw a steep fall today after US-Iran ceasefire talks over the weekend failed to yield any positive outcome. Domestic markets tumbled after a rise in Crude oil prices above $102 per barrel. Several NIFTY100 stocks are trading lower, including IndiGo, Maruti Suzuki and others.

NIFTY50_stock_fall

Crude oil prices have rebounded sharply after failed talks between the US and Iran.

NIFTY50 and SENSEX saw a sharp decline today as both benchmark indices got off to a weak start after the US-Iran talks failed to yield a positive outcome.

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NIFTY50 and SENSEX declined by over 2% in early morning trades. As of 10:30 am, the NIFTY50 index is trading 324 points or 1.3% lower at 23,726, with a day low of 23,555. Meanwhile, BSE SENSEX is down 1,095 points or 1.4% lower at 76,456. SENSEX hit a day low of 75,868 today. Among the NIFTY50 stocks, Eicher Motors (-4.0%), Maruti Suzuki (-3.7%) and IndiGO (-3.1%) were the top losers.

Amid a substantial market fall, investors witnessed a cumulative market cap loss of over ₹8 lakh crore. BSE-listed stocks market cap dropped to ₹443 lakh crore from ₹451 lakh crore in the previous session.

Why are stock markets down today?

Failure of US-Iran talks: The United States and Iran officials met over the weekend for ceasefire talks, but these peace talks ended without a new deal. After the failure of negotiations, US President Donald Trump said the US will start “BLOCKADING” any and all Ships trying to enter, or leave, the Strait of Hormuz".

The Strait of Hormuz blockade has once again raised the fear of oil supply disruption and a substantial surge in global oil prices. Brent Crude oil prices rose over 7% to trade above $102 per barrel on Monday.

US trade tariff concern: US President Donald Trump has warned of fresh trade tariffs on China of up to 50% after media reports suggested that China may be supplying weapons to Iran during the ongoing two-week ceasefire. As a result, Asian markets tumbled on Monday, with China’s stock market index, the Shanghai Composite Index, declining nearly 1%.
Oil prices surge once again: Crude oil prices have rebounded sharply after failed talks between the US and Iran. Brent Crude oil is trading around $102 per barrel, and WTI Crude oil is around $104 per barrel. Experts believe the spike in oil prices could trigger another round of sell-off in the Indian market.

Broader market indices like NIFTY Midcap100 (-0.4%) and NIFTY Smallcap100 (-0.4%) are also trading lower. Most of the NIFTY100 stocks are trading in red, with auto stocks like Eicher Motors and Maruti Suzuki witnessing a steep fall of over 4% intraday as investors did profit booking amid weak market sentiments.

The volatility index, or India VIX, is up 9.9% to 20.7. Except for the NIFTY Media index (+0.5%), all the sectoral indices are trading red with NIFTY PSU Bank (-2.1%), NIFTY Auto (-1.9%) and NIFTY Oil & Gas (-1.4%) among the top sectoral losers.

Prominent stocks at 52-week low today

StockIntraday fall1-year return*
Maruti Suzuki India▼ 5.4%+13.49%
Union Bank of India▼ 5.4%+ 54.21%
InterGlobe Aviation (IndiGo)▼ 5.0%-13.99%
Lodha Developers▼ 5.1%-26.58%
Bharat Petroleum Corporation Ltd▼ 5.0%+0.02%
Eicher Motors▼ 4.3%+32.96%
Cholamandalam Investment▼ 4.4%+2.86%
*1-year return as per NSE website

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About The Author

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Sreenivas Ajankar is a Deputy Editor at Upstox and has over nine years of experience in capital markets. His areas of expertise include equity research, analysis and business valuation.

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