Benchmark indices Sensex and Nifty dropped over 1% during intra-day trade on Friday (March 13, 2026) dragged by intensifying conflict in West Asia and surging oil prices.

Besides, heavy selling in global markets, unabated foreign fund outflows and weakness in the rupee drove the equity benchmark indices lower.

LPG and oil crisis LIVE updates

Declining for the third day running, the 30-share BSE Sensex tumbled 963.98 points or 1.26% to 75,070.44 during intra-day trade. The 50-share NSE Nifty dived 333.4 points or 1.41% to 23,305.75.

Hindustan Unilever, Trent, Bharti Airtel and NTPC were the gainers.

Brent crude, the global oil benchmark, climbed 0.49 per cent to USD 101 per barrel.

In Asian markets, South Korea’s benchmark Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index were trading lower.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹7,049.87 crore on Thursday (March 12, 2026), according to exchange data. Domestic Institutional Investors (DII) however, bought stocks worth ₹7,449.77 crore.

On Thursday (March 12), the Sensex tanked 829.29 points or 1.08% to settle at 76,034.42. Similarly, the Nifty fell by 227.70 points or 0.95% to close at 23,639.15.