Sensex tanks over 600 points in early trade; crude oil trades above USD 100 per barrel
The selloff followed Brent crude’s move above $100 a barrel and weak global cues, while NSE shares rose nearly 2% in their debut trade, Reuters said.
- On Thursday, September 24, 2026, Indian benchmark indices Sensex and Nifty plunged in early trade, with the Sensex tumbling 632.68 points to 74,189.55 amid weak global market signals.
- Rising Brent crude prices surged above $100 per barrel to $102.2, while the U.S. 10-year Treasury yield climbed to 5.11%, triggering widespread selling pressure across domestic equities.
- Despite the broader market sell-off, the Rs 22,569 crore IPO of the National Stock Exchange attracted strong demand, receiving 5.71 times subscription across institutional buyers.
- Technical Research Analyst Hitesh Tailor of Choice Broking Private Limited warned the "gap-down setup could test these gains," signaling defensive near-term market tone.
- Markets stabilized on Friday, September 25, 2026, as value buying in blue-chip banking, oil and gas, and auto shares helped recover from Thursday's heavy losses.
43 Articles
43 Articles
Indian Shares Seen Tad Higher At Open
Indian shares look set to open higher on Friday after a heavy sell-off in the previous session. Underlying sentiment, however, may remain cautious as elevated oil prices and a deepening bond sell-off fueled expectations for further interest-rate hikes by the Federal Reserve.
Sensex Tumbles over 600 Points, Nifty Below 23,300 Amid Surge in US Bond Yields
Get latest articles and stories on Business at LatestLY. Indian benchmark indices opened sharply lower as investors digested the impact of the US 10-year Treasury yield crossing 5.10 per cent. Both indices opened with a gap down, with the Sensex falling over 500 points and the Nifty slipping below the 23,300 mark, while the Nifty Private Bank and Nifty Financial Services indices declined around 2 per cent each. Business News | Sensex Tumbles ove…
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