On March 13, 2026, a big fall was recorded in the Indian stock market. The Nifty 50 index fell 488.15 points (2.06 percent) to close at 23,151.10, its worst week in the last four years. Whereas the Sensex fell by 1,470.50 points to the level of 74,563.92. Due to this huge selling in the market, about Rs 10 lakh crore of investors were lost in a single day and the total market cap of BSE came down to Rs 430 lakh crore.
🗞️: Kuwaiti Dinar crossed 300 and UAE Dirham crossed 25, the right time to send money for Indians living in the Gulf.
Most falling shares in Nifty 50
Today, the biggest decline was seen in the shares of metal, banking and auto sectors. Nifty Metal index fell by 4.5 percent. The list of companies making the biggest losses in Nifty 50 is as follows:
Company Name Closing Price (Approx) Decline Larsen & Toubro (L&T) Rs 3,434.40 -7.67% Hindalco Industries Rs 600.00 -5.16% Tata Steel Rs 150.00 -5.00% State Bank of India (SBI) Rs 720.00 -4.00% JSW Steel Rs 840.00 -2.35%
Why did the market fall so much?
According to experts, the main reason for this huge fall in the market is the increasing geopolitical tension between America and Iran. Global trade has been adversely affected due to the closure of the Strait of Hormuz. Apart from this, foreign investors (FII) have withdrawn money from the stock market for the 10th consecutive day. In the last 24 hours, foreign investors sold Rs 7,049 crore. Weakness in the shares of big banks like HDFC Bank and ICICI Bank also helped to drag the market down. Weakness was also seen in the IT sector for the 8th consecutive week.
Rupee reached record low level
Amidst this decline in the stock market, the Indian Rupee also reached a record low of 92.46 against the US Dollar. To prevent the rupee from falling further, the Reserve Bank of India (RBI) intervened in the forex market. According to Sudeep Shah, Technical Research Head, SBI Securities, now the level of 23,000 to 22,950 is very important for Nifty. If the market goes below this, Nifty may fall to 22,500. No circuit filter was applied in the market today as the decline was in the range of 10 percent. Whereas shares of Sammaan Capital and SAIL are still included in the F&O ban list of NSE.
