Brief by Shorts91 Newsdesk / 05:45am on 13 May 2026,Wednesday Business
Indian benchmark indices turned volatile on Wednesday after opening with marginal gains, as rising crude oil prices and continuing West Asia tensions weighed on investor sentiment. The BSE Sensex initially rose 75.64 points before slipping 182.60 points to 74,362.19, while the NSE Nifty fell below the 23,400 mark to 23,352.25. Power Grid, NTPC, Bajaj Finance, SBI, Titan and Axis Bank led the losses, while Asian Paints, Adani Ports and Tata Steel gained. Brent crude hovered near USD 106.6 per barrel amid fears surrounding the US-Iran standoff and energy supply risks linked to the Strait of Hormuz. FIIs also sold equities worth Rs 1,959.39 crore on Tuesday. (PC: The Telegraph)
