Stock Market Today, July 13, 2026: Markets Slide in Early Trade as Iran Closes Strait of Hormuz Again; Sensex Drops 450 points and Nifty Dips 140 points

Mumbai, July 13: Indian equity indices opened down on Monday and further dipped in early trade as they tracked the fresh escalation in tensions between Iran and the U.S., after Iran announced that it had again shut the Strait of Hormuz. The U.S. and Iranian forces have exchanged heavy missile and drone assaults, with Tehran targeting U.S. facilities in states across the Gulf ​on Sunday. The renewed violence casts further doubt on the future of an interim U.S.-Iranian agreement signed last month that aimed to ‌reopen the strait and end the war after a further 60 days of negotiations. 

By 09: 38 am, the BSE Sensex was down 453.38 points or 0.58 per cent at 77,116.01 and the Nifty 50 fell 140.25 points or 0.58 per cent at 24,066.65. 

Gainers & Losers 

TCS was the top gainer among Nifty50 stocks, rising 1.55 per cent to Rs 2,101 followed by ONGC up 1.11 per cent at Rs 247.68. NTPC advanced 0.67 per cent to Rs 346.85, HCLTECH gained 0.62 per cent to Rs 1,171.30 and Powergrid rose 0.53 per cent to Rs 284.60. 

IndiGo was the top loser among Nifty 50 stocks, down 2.12 per cent at Rs 5,199.50 followed by Tata Steel which declined 2.02 per cent to Rs 187.33. Maruti Suzuki dipped 1.78 per cent to Rs 13,608, HDFC Bank fell 1.63 per cent to Rs 811.50 and Asian Paints was lower by 1.48 per cent at Rs 2,638.10. 

Asian Markets on Monday Morning 

Asian markets traded mixed on Monday amid geopolitical risks as investors continued to assess fresh escalation in U.S.-Iranian tensions. Japan’s Nikkei 225 fell 1.12 per cent and China’s Shanghai Composite slipped 0.66 per cent. Hong Kong’s Hang Seng was trading 0.71 per cent higher, while Malaysia’s FTSE Bursa Malaysia KLCI was up 0.88 per cent. Australia’s S&P ASX All Ordinaries eased by 0.33 per cent. 

Wall Street closed higher on Friday, with all three major averages closing at record highs as investors looked past geopolitical headlines ahead of the weekend attacks. 

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.18 per cent higher, while its index of Japan’s Nikkei 225 futures rose 0.48 per cent. Across the globe, MSCI’s broad index of Asia-Pacific shares outside Japan rose 0.18 per cent as of 0827 GMT and Europe’s main stock markets were set to open higher. 

Oil Prices 

Benchmark Brent crude rose more than $2 to $78 per barrel on Monday after Iran said it was closing the Strait of Hormuz to shipping and U.S. oil prices climbed to a one-year high earlier in the session. 

Iran ordered Hormuz to close temporarily starting Sunday morning, state television reported. Iran had briefly closed the Strait of Hormuz earlier in the crisis after its oil embassy was attacked in Baghdad. Oil prices rose more than 3 per cent. Brent crude futures climbed $2.34, or 3.08 per cent, to $78.35 a barrel. U.S. West Texas Intermediate crude futures gained $2.21, or 3.09 per cent, to $73.62 a barrel. 

US Markets on Friday 

On Friday, the Dow Jones Industrial Average gained 149.60 points, or 0.29 per cent, to 52,637.01. The S&P 500 advanced 31.75 points, or 0.42 per cent, to 7,575.39 and the Nasdaq Composite rose 74.72 points, or 0.29 per cent, to 26,281.61. The NYSE Composite added 48.23 points, or 0.20 per cent, to 23,925.07. 

Sensex & Nifty on Friday 

Indian benchmark indices extended gains for a second straight session on Friday after experiencing a crash, with the Nifty closing above the 24,200 mark as broad-based buying in realty, IT and banking stocks offset lingering concerns over geopolitical tensions and elevated crude oil prices. The BSE Sensex climbed 827.57 points, or 1.08 per cent, to close at 77,569.39, while the NSE Nifty50 rose 244.10 points, or 1.02 per cent, to settle at 24,206.90. 

Source

• nseindia.com
• bseindia.com
• https://www.reuters.com/world/asia-pacific/iran-declares-strait-hormuz-closed-unauthorised-vessel-hit-2026-07-11/
• https://www.reuters.com/markets/stocks/asia-pacific/
• https://www.reuters.com/business/energy/oil-jumps-more-than-3-after-us-iran-launch-strikes-mideast-2026-07-12/