Indian Equity Indices Recover Intraday Losses to End Flat
India's benchmark equity indices ended nearly flat on July 13, 2026, as a rally in information technology stocks offset losses in the metal and FMCG sectors.
India's benchmark equity indices ended nearly flat on Monday, July 13, 2026, after recovering from significant intraday losses. The BSE Sensex rose 47.01 points to close at 77,616.40, while the NSE Nifty gained 4.10 points to settle at 24,211.
Tata Consultancy Services led a recovery in the information technology sector following a multi-year contract announcement with ABB, which helped stabilize the market along with gains from HCLTech and Tech Mahindra. These advances offset weakness in the metal and FMCG sectors, which were the worst performers of the day. Support also came from private banking stocks and consumer durable companies.
Despite the equity recovery, the Indian rupee weakened against the US dollar, closing between 95.60 and 95.62. This decline followed a surge of over 4% in crude oil prices, which increased investor concerns regarding the country's import bill.