Indian equity benchmarks closed in the red on April 13, with the Nifty 50 slipping below the 23,900 mark. Broad-based selling pressure weighed on key sectors, dragging frontline stocks lower by the end of the session.
The NIFTY 50 settled at 23,842.65, down 207.95 points or 0.86%, while the BSE Sensex fell 702.68 points or 0.91% to close at 76,847.57. The Bank Nifty also ended lower, down 0.55%.
Among the biggest laggards in the Nifty 50 pack:
Eicher Motors declined 5.0% to close at ₹7,050.00, emerging as the top loser of the day.
Maruti Suzuki India fell 4.6%, ending at ₹13,076.00 amid continued weakness in auto stocks.
Bajaj Finance dropped 3.0% to ₹897.10, reflecting selling pressure in financials.
Reliance Industries slipped 2.7% to ₹1,314.00, contributing significantly to the index’s fall given its heavy weight.
InterGlobe Aviation was down 2.6%, closing at ₹4,433.90.
Jio Financial Services declined 2.2% to ₹237.80.
HDFC Bank ended 2.1% lower at ₹793.00.
Tata Consultancy Services fell 2.1% to ₹2,470.70.
Shriram Finance slipped 2.0%, closing at ₹1,007.00.
Nestlé India declined 1.9% to ₹1,226.20.
The session reflected broad-based weakness across auto, financial, and IT stocks, with no major sector providing support to the indices.