Stock market recap, April 15 -- Indian equities closed lower on Monday, 13 April, as escalating geopolitical tensions triggered a broad risk-off sentiment. The Sensex fell 702 points, or 0.91%, to 76,847, while the Nifty declined 208 points, or 0.86%, to 23,842, recovering from deeper intraday losses.
The decline followed the collapse of US-Iran peace talks and the US announcement of a naval blockade in the Strait of Hormuz, stoking fears of supply disruptions. Brent crude surged above $100 a barrel, adding to concerns over inflation and India's fiscal deficit.
Weak global cues and a sharp depreciation in the rupee-to 93.38 against the US dollar-also weighed on sentiment.
Markets were shut on 14 April for a public holiday.
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