Stories
Market Pulse: Key Triggers Before September 29 Trading Session
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CNBC TV18•28-09-2026, 21:02
Market Pulse: Key Triggers Before September 29 Trading Session
- •US stocks fell as oil prices and Treasury yields surged, with Dow, S&P 500, and Nasdaq Composite all declining.
- •Brent crude climbed over 2% to $106.79 a barrel, and WTI futures rose around 2% to $94.40 after Trump rejected Iran's ceasefire conditions.
- •US Treasury yields extended sharp rises, with the 10-year yield above 5.2% and the 30-year yield past 5.5%, both near multiyear highs.
- •Tata Trusts proposed merging TESS and TCE with Tata Sons to move the company outside NBFC and CIC regulatory frameworks.
- •India's industrial output growth accelerated to 8% in August 2026, driven by manufacturing (9%) and electricity/gas supply (12.3%).
- •Reliance Jio added 24.02 lakh mobile subscribers in August, leading telecom operators, followed by Bharti Airtel with 21.11 lakh.
Key Questions Answered
US stocks dropped on Monday as increasing oil prices and Treasury yields weighed heavily on major equities at the beginning of the week.
Crude oil prices surged after US President Donald Trump rejected Iran's proposed terms for a ceasefire and to reopen the Strait of Hormuz, while benchmark 10-year Treasury yields climbed past 5.2% near multiyear highs.
Tata Trusts proposed merging Tata Electronics Systems Solutions Private Ltd and Tata Consulting Engineers with Tata Sons to take the company outside the regulatory framework applicable to NBFCs and core investment companies.
