Dalal Street hit by crude fire, US yield surge, Nifty closes 1.64% lower at 23,063, Sensex lost 1247 points
ANI News 1 hr ago·24 Sept 2026, 10:17 am
Indian equity benchmarks suffered their biggest single-day fall in months on Thursday, with the Nifty 50 index plunging over 1.6% to close at 23,063. The BSE Sensex also tumbled nearly 1,250 points, led by heavyweights in banking and IT sectors. The sharp correction was triggered by a confluence of global headwinds, including a sharp rise in US Treasury yields and a surge in crude oil prices. Higher bond yields in the US make Indian equities less attractive to foreign investors, while elevated crude prices weigh on the current account deficit and corporate margins.
This sharp market correction reflects growing global uncertainty and a shift in investor sentiment. For domestic investors, the drop highlights the sensitivity of Indian markets to external factors. While the immediate reaction was bearish, a sustained decline in US yields or a stabilization in crude prices could help the market regain footing. Investors should focus on long-term fundamentals rather than reacting to daily volatility.
Excerpt from ANI News
ANI | Updated: Sep 24, 2026 15:47 IST Mumbai (Maharashtra) [India], September 24 (ANI): Indian equity markets witnessed sharp selling pressure on Thursday as rising US bond yields, renewed strength in crude oil prices and persistent geopolitical uncertainty weighed heavily on investor sentiment. The Nifty 50 index…Read the original at ANI News
Key takeaways
- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
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