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Bourses extend losses in early afternoon session
Mar-13-2026

Indian markets extended their losses in early afternoon session due to disruptions in liquefied natural gas supplies amid escalating geopolitical tensions. Moreover, rising geopolitical conflicts sparked fears of a weaker global economic outlook. There were no gaining sectoral indices on the BSE.  Traders overlooked the report that India and Chile have agreed to further strengthen cooperation in key areas including trade, investment, health and pharmaceuticals, traditional medicines, science and technology, mining and mineral exploration, education, space, agriculture and people to people exchanges. The two sides also expressed satisfaction at the progress in the ongoing negotiations for a Comprehensive Economic Partnership Agreement between the two countries. On the global front, all Asian markets were trading lower as the conflict in Iran and across the Middle East intensified. 

The BSE Sensex is currently trading at 74947.84, down by 1086.58 points or 1.43% after trading in a range of 74942.61 and 75576.20. There were 3 stocks advancing against 27 stocks declining on the index.

The top losing sectoral indices on the BSE were Metal down by 4.50%, Basic Materials down by 3.55%, Industrials down by 3.30%, Auto down by 2.96% and Capital Goods was down by 2.53%., while there were no gaining sectoral indices on the BSE. 

The top gainers on the Sensex were Hindustan Unilever up by 1.77%, Trent up by 0.56% and Bharti Airtel up by 0.36%. On the flip side, Larsen & Toubro down by 5.08%, Tata Steel down by 4.55%, Bharat Electronics down by 3.36%, Ultratech Cement down by 3.07% and Maruti Suzuki down by 2.70% were the top losers.

Meanwhile, the Power Minister Manohar Lal has said that around 6,600-megawatt nuclear capacity is under construction and targeted to be completed by 2029-30. Further, 7,000 MW of nuclear capacity is under various stages of planning and approval. Besides, 12,723.50 MW of hydroelectric projects are under construction.

He noted that India has a nuclear capacity of over 8,780 MW. Further, in energy storage systems, 11,620 MW/69,720 MWh Pumped Storage Projects (PSPs) are under construction. Also, a total of 6,580 MW/39,480 MWh capacity of Pumped Storage Projects (PSPs) is concurred and yet to be taken up for construction. Moreover, 9,653.94 MW/ 26,729.32 MWh Battery Energy Storage System (BESS) capacity is under construction, while 19,797.65 MW/ 61,013.40 MWh BESS capacity are under tendering stage.

Besides, he highlighted that India added 52,536.49 MW installed generation capacity in the current financial year, FY 2025-26 (till January 2026). He added that the total installed generation capacity as of January 31, 2026 is 5,20,511 MW, of which the share of renewable energy sources was 2,63,189 MW (50.6%).

The CNX Nifty is currently trading at 23269.55, down by 369.60 points or 1.56% after trading in a range of 23269.05 and 23492.40. There were 5 stocks advancing against 45 stocks declining on the index.

The top gainers on Nifty were Tata Consumer up by 2.25%, Hindustan Unilever up by 1.73%, Trent up by 0.53%, Apollo Hospital up by 0.40% and Bharti Airtel up by 0.33%. On the flip side, Hindalco down by 5.96%, Larsen & Toubro down by 5.03%, Tata Steel down by 4.54%, Tata Motors Passenger down by 4.05% and Eicher Motors down by 3.63% were the top losers.

All Asian markets were trading lower; Nikkei 225 slipped 678.96 points or 1.26% to 53,774.00, Hang Seng declined 259.76 points or 1.01% to 25,457.00, Taiwan Weighted lost 181.54 points or 0.54% to 33,400.32, Jakarta Composite plunged 133.17 points or 1.84% to 7,228.95, KOSPI dropped 96.01 points or 1.75% to 5,487.24, Shanghai Composite weakened 33.98 points or 0.82% to 4,095.12 and Straits Times was down by 1.9 points or 0.04% to 4,853.43.
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