Stock markets end flat as West Asia tensions, higher oil prices weigh on sentiment
Indian stock markets ended the trading day flat as rising crude oil prices, driven by geopolitical tensions in West Asia, offset gains in the IT and consumer durables sectors. Despite early losses, benchmark indices like the Sensex and Nifty managed to recover by the close of the session.
Why it matters
Fluctuations in oil prices and geopolitical instability in the Middle East directly impact global market sentiment and energy costs for emerging economies like India.
Benchmark indices Sensex and Nifty ended flat on Monday (July 13, 2026) as a sharp rally in crude oil prices due to escalating tensions in West Asia weighed on overall investor sentiment.
Resilience in IT and consumer durables stocks, however, helped offset the impact of geopolitical concerns, enabling the benchmark indices to recover from early losses and close on a largely flat note, an expert said.
After falling sharply during morning trade, the 30-share BSE Sensex rebounded by 219.9 points during the day but failed to build on the gains. The benchmark went up by 47.01 points, or 0.06%, to settle at 77,616.40. During the morning trade, it tanked 711.96 points, or 0.91%, to 76,857.43.
The 50-share NSE Nifty eked out an uptick of 4.10 points, or 0.02%, to end at 24,211, registering its third day of gains.
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