Indian stock exchange closes sharply with Sensex falling 703 points on April 13

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Gráfico do mercado de ações financeiro Foto: Gráfico do mercado de ações financeiro - Foto: Diego Thomazini/istock

The main Indian stock indices registered falls this Monday, April 13, recovering from intraday lows, but ending the trading session in negative territory. The SENSEX index, for example, closed the day with a reduction of 703 points, consolidating at 76,848.

Investor sentiment remained cautious throughout the session, mainly influenced by the no-deal end to ceasefire talks between Estados Unidos and Irã over the weekend. Essa geopolitical uncertainty added to the significant losses of large companies such as HDFC Bank, Reliance Industries, Maruti Suzuki, Bajaj Finance and ITC, which put pressure on local markets.

Performance of the main indices

The SENSEX index fell by up to 1,682 points during the day, reflecting a period of high volatility. Da Similarly, the NIFTY50 index touched an intraday low of 23,555 points, demonstrating widespread risk aversion. At the close, the NIFTY50 fell 208 points to end the session at 23,843. The international situation, combined with domestic factors, was crucial in setting the negative tone for the Indian capital market at the beginning of the week.

Biggest falls and rises in Nifty50

Eicher Motors led the losses in the NIFTY50 index, with its shares plunging 5.04% to close at ₹7,050. Essa sharp drop occurred after the Delhi government released a policy proposal for electric vehicles that calls for a ban on the registration of gasoline motorcycles from 2028. The news raised concerns about the company’s future in the traditional vehicle market.

Shares of Maruti Suzuki also saw a significant fall of 4.62% to close at ₹13,076. The proposed electric vehicle policy, which provides for complete exemption from road tax and registration fees for all electric cars with a list price of ₹30 lakh or less, registered in the national capital by March 31, 2030, has created a scenario of uncertainty for traditional automakers who still rely heavily on combustion vehicles. Além of them, other companies also recorded important losses:

  • Bajaj Finance: down 2.97%
  • Reliance Industries: down 2.68%
  • InterGlobe Aviation: down 2.64%

On the other hand, some shares managed to stand out positively amid the bearish scenario. HDFC Life (2.71%), Adani Enterprises (2.08%), ICICI Bank (1.9%), NTPC (1.58%) and Tata Motors PV (0.88%) recorded notable gains, showing resilience in specific sectors or in companies with less exposure to geopolitical tensions and new security policies. electrification. The performance of these companies helped to mitigate even greater losses in the general indices.

Highlights in indexes Midcap and Smallcap

The NIFTY Midcap 100 index was also impacted by the negative trend, closing down 0.57%, or 331 points, at 57,513. The session was marked by a predominance of declines, with sixty-eight stocks closing in negative territory, while only 32 managed to register an increase. APL Apollo was the worst performing stock in this index, recording a decline of 4.18% and closing at ₹1,978. Outras companies that faced considerable losses included Hero MotoCorp (-4.18%), PB Fintech (-3.95%), Swiggy (-3.44%) and Ashok Leyland (-3.27%). Essas declines reflect the market’s widespread caution and the sensitivity of medium-sized companies to macroeconomic and regulatory factors.

On the other hand, the NIFTY Midcap 100 index also saw appreciation in some companies. Tata Investment Corporation stood out with a gain of 6.51%, while JSW Energy registered an increase of 5.25%. MCX (3.92%), Voltas (3.83%) and Blue Star (2.37%) were also among the companies with the highest appreciation. Esses specific results indicate that even in a shrinking market, there are opportunities for specific assets driven by favorable intrinsic or sectoral factors.

Scenario no Nifty Smallcap 100

In the smaller capitalization companies segment, the NIFTY Smallcap 100 index ended the day with a decline of 0.46%, or 78 points, to close at 16,762. Assim As in the other indices, the majority of shares (68) closed lower, compared to 32 higher. Jyoti CNC Automation was the company with the biggest decline, with its shares plunging 14% to close at ₹700.85. Essa devaluation occurred after the company reported that its materials subsidiary, Huron Graffenstaden SAS, and some of its employees are under investigation by French authorities. The investigation concerns suspected exports of machines with dual-use technology, in possible violation of the laws of União Europeia, adding an element of regulatory uncertainty to their performance.

Shares of Ola Electric also fell 7%, a move attributed to profit-taking after a period of strong growth in the previous month. Outras companies that recorded significant losses in NIFTY Smallcap 100 included Afcons (-5.85%), Cohance Lifesciences (-5.27%) and Neuland Labs (-3.02%). Essas declines demonstrate the vulnerability of smaller companies to specific corporate news and the general market mood, which often affects them more intensely.

In contrast to the declines, Ather Energy was the best performing company in the NIFTY Smallcap 100, with its shares rising 5.2% to close at ₹908. The appreciation is directly linked to the expectation that the government’s electric vehicle policy proposal Delhi could generate benefits for the company, which operates in the sector. Sarda Energy (5.12%), Welspun Corp (5.01%), Reliance Power (3.73%) and Tata Chemicals (3.64%) also stood out with gains in the small cap segment, showing that the energy transition and sectors with growth prospects can attract investors even on days of widespread decline.

Bruna Santos é colaboradora da redação do Mix Vale, portal de notícias com cobertura de Brasil e mundo. Produz conteúdo nas editorias de economia e benefícios, com foco em informação de serviço para o leitor brasileiro. Escreve e colabora para o portal desde 2024. Formação: Professora.

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