Equity shares in India are expected to begin their day cautiously on Friday, April 13, with GIFT Nifty trading at 24,020, representing a loss of 0.30% from initial indications. This follows an excellent previous week in which the Nifty 50 index gained more than 6%, closing at 24,050.50, while the Sensex closed the week at 77,550.25. On the international side, the picture is still uncertain, with US futures lower and Europe’s indexes up by a small amount. Asian shares also started off negatively on Monday due to increased geopolitical risks following the naval blockade announced by the US government against Iran.
The most recent rise seen in the Indian stock market can be attributed to better sentiment regarding global market sentiments, following the ceasefire talk between the United States and Iran. Unfortunately, the scenario has changed again, resulting in worries of possible disruption in oil supplies from the Strait of Hormuz. This increase in concerns regarding oil supplies has resulted in the price of Brent crude rising above $103 per barrel, with prices increasing more than 8%.
On the domestic front, a number of corporate events are expected to have an impact on stock-specific actions. M&M witnessed healthy growth of 22.3% in its March sales while Adani Green has seen a significant boost in its capacity. Besides, Shriram Finance has been granted permission for listing a big chunk of shares while Apollo Hospitals announced a stake increase in its subsidiary. Corporate actions from firms like Torrent Pharma that saw a positive outcome from its US FDA inspection and Coforge that has got an approval for allocation of shares would also keep the NSE/BSE bulls and bears busy.
From an investor’s point of view, rising crude prices and geopolitical tensions represent potential threats in the immediate term. Stocks in segments like oil marketing companies, airline and paint stocks could see downside pressures in case crude stays above present level. In contrast, stocks in the energy and upstream sectors stand to gain because of the price rally. Institutional participation and foreign currency movement will also be critical in the coming week.
Developments pertaining to US-Iran conflict, changes in equity indices across the globe, and signals from central banks must be watched carefully. In addition, news on domestic events like earnings reports and major business deals will influence individual stocks’ performance. Given that equity markets have had a good run, some correction is expected in the near term.
Stock investors are recommended to contact their SEBI-registered financial advisor before investing in stocks.
Reviewed for accuracy and last updated on April 13, 2026.
