Snapping three-day losing streak, Indian equity benchmark -- Nifty settled with gains over of a percent on Monday. Index made a cautious start and soon turned volatile during the morning deals, weighed down by massive foreign funds outflow and surging crude oil prices amid geopolitical jitters. As per exchange data, foreign institutional investors offloaded equities worth Rs 10,716.64 crore on March 13, 2026. However, in second half of the session, market wiped out all losses and started climbing higher as traders opted to buy fundamentally good stocks as lower levels. Meanwhile, there was encouragement in markets after Union Minister Piyush Goyal said that India is well-placed to deal with any situation on crude oil and fuel, as the West Asia crisis disrupts gas shipments and shipping routes, and highlighted that the government has ramped up kerosene production to provide an alternate option for the common man. Finally, Nifty ended the session above 23,400 mark.
