Sensex, Nifty at Close: Indian benchmark indices turned bearish on Thursday as both indices were down by more than 1.6%, reversing the previous session’s gains. Elevated crude oil prices, surging US Treasury yields and a two-month high dollar index weighed on investor sentiment.
The BSE Sensex fell 1.67% or 1,247.71 points to 73,580.54, while Nifty 50 cracked to 23,063.10, down 383.70 points or 1.64%. Big volatility was witnessed in the markets.
Crude oil prices were quoted at $103/bbl mark, while the US 10 year-yield moved to its 19-year high mark, followed by a shot up in Japanese 10-year yield, which surged to its highest level in 30 years. The fall also came on higher bets of a rate hike by the US Federal Reserve.
Only one stock on Sensex ended in the green, as NTPC inched up just 0.18%. On Sensex’s losing front, Bajaj Finance fell 5.47%, Axis Bank declined 4.67%, and Bajaj Finserv decreased 4.06%.
Interglobe Aviation was down 2.78%, Trent fell 2.75%, M&M declined 2.31%, and Reliance Industries hit a 52-week low on circuit, ending down 2.25%.
Nifty Midcap 100 fell 2.25%, while Nifty Smallcap was down 1.53%. All sectoral indices witnessed a sharp sell-off.
“On the domestic front, the insurance and banking sectors remained weak following concerns regarding regulatory reviews of commission structures and their implications for profitability. The market is currently hovering around key psychological support levels. In the absence of fresh positive triggers, near-term sentiment may remain cautious, potentially limiting valuation expansion and making earnings growth likely to become the primary driver of market performance going forward,” said Vinod Nair, Head of Research, Geojit Investments.
Sensex, Nifty at 1:40 PM: In the intraday trade, the Sensex fell 950.20 points, or 1.27%, to 73,878.05, while the Nifty 50 declined 306.40 points, or 1.31%, to 23,140.40.
Among the major laggards, Bajaj Finance fell 4.99%, followed by Axis Bank at 4.87% and Bajaj Finserv at 3.95%. IndiGo declined 2.11%, while Trent slipped 1.67%.
Sensex, Nifty at 12 PM: In the intraday trade, the Sensex fell 738.55 points, or 0.99%, to 74,089.70, while the Nifty 50 declined 243.20 points, or 1.04%, to 23,203.60.
Sensex, Nifty at 11 AM: In intraday trade, the Sensex fell 636.85 points, or 0.85%, to 74,191.40, while the Nifty declined 215.80 points, or 0.92%, to 23,231.00.
Among the major laggards, Bajaj Finance fell 4.14%, followed by Axis Bank at 4.04% and Bajaj Finserv at 3.16%. IndiGo declined 1.60%, while Larsen & Toubro slipped 1.17%.
Sensex, Nifty at open: Indian benchmark indices opened sharply lower on Thursday. The Sensex fell 586.19 points, or 0.78%, to 74,242.06, while the Nifty 50 declined 207.45 points, or 0.88%, to 23,239.35. The weak opening came amid cautious global cues and elevated US Treasury yields.
Among Sensex stocks, Bajaj Finance was the biggest laggard, falling 4.63%, followed by Bajaj Finserv, which declined 2.55%. Axis Bank slipped 2.45%, while IndiGo and Asian Paints fell 1.82% and 1.40%, respectively. On the other hand, Tech Mahindra gained 0.67%, TCS rose 0.29%, Infosys advanced 0.19% and ICICI Bank was up 0.13%.
Sensex, Nifty before pre-open: GIFT Nifty was trading 130 points, or 0.57%, lower at around 23,300 in early trade, pointing to a cautious start for Indian equities on Thursday. This is after the US 10-year yield spiked to a fresh 19-year high and it triggered a selloff in US markets.
In the previous trading session, the Nifty gained 117.80 points, or 0.50%, to close at 23,446.80, while the Sensex rose 299.17 points, or 0.40%, to end at 74,828.25.
Key global and domestic cues for September 24, 2026
Asian Markets
Asian markets opened on a mixed note, with Japan’s Nikkei 225 gaining 0.64% after a three-day holiday, while the broader Topix slipped 0.17%. Australia’s S&P/ASX 200 declined 1.33%, while South Korean markets remained closed for a holiday.
Crude oil
In early trade, Brent crude was down 0.89% at $102.16 a barrel, while crude oil slipped 0.66% to $91.56 a barrel.
US Treasury Yields
US Treasury yields climbed sharply, with the benchmark 10-year Treasury yield rising to 5%, its highest level since July 2007. The 2-year Treasury yield also moved higher to 4.9%, marking its strongest level since May 2024. The jump in yields fuelled expectations that the Federal Reserve could keep interest rates higher for longer, adding to caution across financial markets.
US markets
Wall Street ended lower on Wednesday as rising U.S. Treasury yields added to investor caution over the interest-rate outlook. The Dow Jones Industrial Average fell 352.10 points, or 0.68%, to settle at 51,511.59, while the S&P 500 declined 0.75% to 7,706.03. The technology-heavy Nasdaq Composite saw a sharper fall, slipping 1.13% to close at 26,936.04.
US Futures
US stock futures traded marginally higher, with Dow futures rising 0.04%, while S&P 500 futures gained 0.06%, signalling a cautious start for Wall Street.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading at 101.17. The index evaluates the strength or weakness of the US dollar in comparison to major currencies.
The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The Indian rupee remained under pressure against the U.S. dollar on September 23, closing at Rs 95.74.
Gold rate today
In the latest trading session, COMEX gold up 0.23% to 4,328.
The rate for 24-carat gold today is Rs 1,54,210 per 10 grams. The 18-carat gold price today in India is Rs 1,15,660. The 24-carat gold rate in Dubai today is Rs 1,51,810.
Silver rate today
In the latest trading session, COMEX silver down 0.46% to 66.99.
Silver prices in India stood at Rs 249.90 per gram, while the price was Rs 2,49,900 per kilogram.
FII, DII data
On September 23, FIIs bought Indian equities worth Rs 1,617.45 crore, while DIIs invested Rs 2,341.46 crore, according to NSE data.
Top sectors in Wednesday’s trade
In the last trading session, Aluminium rose 2.99%, followed by Beverages – Alcoholic at 2.82% and Iron and Steel at 2.71%.
Group-wise gainers and losers in Wednesday’s trade
In the last trading session, Pennar Group rose 5.52%, followed by Arvind Mafatlal Group at 5.46% and Ruchi Group at 4.51%. Manipal Group fell 5.05%, while Nagarjuna Group declined 3.86%.