Stories
Nifty's Worst September in 25 Years, Gold Loses Shine, Tata Stocks Fall Amid Market Turmoil
- •Indian equity benchmarks ended lower but recovered sharply from day's lows, with Sensex down 243 points and Nifty declining 64 points.
- •Gold prices continued to fall, with the MCX October gold contract trading at ’1.46 lakh per 10 grams, down 0.21%.
- •Foreign institutional investors (FIIs) intensified selling, offloading shares worth ’9,980.22 crore on Tuesday.
- •Tata Group stocks, including Tata Chemicals and Tata Motors PV, saw declines of 3-4% following a Tata Trusts proposal regarding Tata Sons.
- •Crude oil prices remained elevated above $106 due to US-Iran tensions, while the Supreme Court pressed for a uniform 16% markup on all medicines.
Key Questions Answered
On Tuesday, September 29, 2026, the equity benchmark indices ended lower but recovered sharply from their intraday lows, with the Sensex falling 243 points to 72,529 and the Nifty declining 64 points to 22,716, wrapping up its worst September series in 25 years with a 6% drop.
Gold prices fell below ₹1.47 lakh per 10 grams, with the MCX October contract trading down 0.21% at ₹1.46 lakh. Meanwhile, Brent crude remained elevated above $106 per barrel due to persistent US-Iran tensions and robust demand, despite Saudi pipeline flows resuming.
Shares of Tata Group companies such as Tata Chemicals, Tata Motors PV, and Tata Investment Corporation fell between 3% and 4% following the latest proposal by Tata Trusts regarding the future and potential listing of Tata Sons.
