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Sensex, Nifty Open Lower as Elevated US Treasury Yields Weigh on Investor Sentiment
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News18•01-10-2026, 10:00
Sensex, Nifty Open Lower as Elevated US Treasury Yields Weigh on Investor Sentiment
- •Indian equity markets opened lower due to elevated US Treasury yields and weak global cues, with Sensex down 287.40 points and Nifty down 76.75 points.
- •Analysts flagged key resistance levels for Nifty at 22,810 and 23,000-23,100, with support at 22,500, and a sustained move below 22,569 could extend declines.
- •US second-quarter GDP growth was revised up to 2.2% and PCE inflation eased, yet the US 10-year Treasury yield climbed to 5.29%, impacting risk assets.
- •Kotak Bank, Infosys, TCS, HCLTech, and Tech Mahindra saw gains, while Bajaj Auto, Max Healthcare, and Mahindra & Mahindra declined.
- •Investors await upcoming US economic releases and Federal Reserve commentary for further market direction, with a sustained easing in crude prices or Treasury yields potentially boosting Nifty.
Key Questions Answered
Indian equity markets opened lower on Thursday due to elevated US Treasury yields and weak global cues that weighed on investor sentiment.
Analysts noted immediate Nifty resistances at 22,810 and the 23,000–23,100 band, while immediate support was placed around 22,500, with a drop below that potentially pushing the index toward 22,400.
US second-quarter GDP growth was revised up to 2.2 percent annualised, August personal consumption expenditures inflation eased to 3.4 percent year-on-year, and core PCE inflation moderated to 3 percent.
