# Sensex plunged over 1,600 points to the day's low of 75,939, while Nifty fell over 450 points to slip below the 23,600.

*business · news · 2026-04-13 · The Economic Times*

## Key points

- US President Trump ordered a naval blockade of the Strait of Hormuz after failed peace talks.
- Oil prices surged above $100 per barrel, with Brent crude reaching $102 and WTI $105 on Monday.
- Indian rupee fell sharply to 93.31 against the US dollar amid strengthened dollar and RBI interventions.
- Foreign institutional investors broke a 27-session selling streak on Friday but resumed net selling today.
- US bond yields rose significantly, with the 10-year note at 4.349% and 30-year bond at 4.939%.

**Companies:** Bajaj Finance, Bajaj Finserv, Maruti Suzuki, State Bank of India, IndiGo, Asian Paints, Sun Pharma
**Countries:** India, United States, Iran, Pakistan

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/why-is-stock-market-crashing-today-sensex-plunges-1600-pts-nifty-below-23600-7-key-factors-explained/articleshow/130224414.cms)

---

Canonical: https://newsio.io/n/45bf7ce4-256b-4b2e-b167-f2ab063376fa/sensex-plunged-over-1600-points-to-the-days-low-of-75939-while-nifty-fell-over-4
Summarized by Newsio from The Economic Times. https://newsio.io/how-it-works