Stock Market Today: Sensex, Nifty Tank Over 1% As Weak Global Cues Amid Iran War Continue To Weigh On Sentiment

Stock Market Today: Domestic equity benchmark indices extended their decline for the third consecutive session on March 13, 2026, as weak global cues amid the ongoing Iran war continued to weigh on investor sentiment.

The NSE Nifty 50 opened with a sharp gap-down and slipped to an intraday low of 23,305.75, down 333.40 points, or 1.41 per cent from its previous close. The BSE Sensex also followed the same trajectory, starting with a deep gap-down and then sinking by 963.76 points, or 1.27 per cent to register day's low at 75,070.66, so far.

Metal stocks led the decline, while defensive FMCG sector stocks lent some support to the indices. In the broader market, midcaps and smallcaps showed exaggerated declines, with the Nifty Midcap 100 and Nifty Smallcap 100 falling over 2 per cent each. Nifty 500, which represents more than 92 per cent of the total free-float market cap of all NSE-listed stocks, also declined more than 1.50 per cent during the trade.