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Sensex Plunges Over 550 Points, Nifty Below 23,250 Amid Global Bond Yields, Crude Prices
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News18•24-09-2026, 09:25
Sensex Plunges Over 550 Points, Nifty Below 23,250 Amid Global Bond Yields, Crude Prices
- •Indian equity markets opened sharply lower due to weak global cues, including renewed US-Iran uncertainty, elevated crude oil prices, and rising bond yields.
- •The BSE Sensex dropped 551.60 points (0.74%) to 74,276.65, while the Nifty fell 207.65 points (0.89%) to 23,239.15.
- •Crude oil prices surged, with WTI trading around $91-$92 a barrel and Brent above $100, fueled by geopolitical tensions and US-Iran diplomatic uncertainty.
- •Global bond yields rose significantly, with Japan's 10-year yield hitting a 27-year high of 3.06% and the US 10-year Treasury yield reaching 5.11%.
- •The sell-off was broad-based across Indian sectors, with Nifty Financial Services Ex-Bank and Nifty MidSmall Financial Services being the biggest losers, while Nifty Pharma remained largely flat.
Key Questions Answered
Indian equity markets opened sharply lower on Thursday, September 24, tracking weak global cues driven by renewed uncertainty over the US-Iran diplomatic process, elevated crude oil prices, and rising bond yields.
At 9:16 am, the BSE Sensex dropped 551.60 points or 0.74% to trade at 74,276.65, while the Nifty fell 207.65 points or 0.89% to stand at 23,239.15.
WTI crude traded around $91-$92 a barrel while Brent remained above $100. Meanwhile, the US 10-year Treasury yield stood around 5.11% and Japan's 10-year government bond yield climbed to 3.06%.
