← Top stories
Market move▼ Bearish for Indian equities
Misfortunes of war, over 7.5 lakh crore m-cap erased
The brief
- More than ₹7.5 lakh crore in market capitalisation was erased on Monday
- Oil-price fears and rising US bond yields weighed on Indian shares
- Risk-off pressure can weigh on Indian equities, especially oil-sensitive sectors and rate-sensitive stocks
- Gold steadies near seven-week low after 4% plunge as Fed hike bets rise
- Higher rates will create winners and losers in bonds, says UBS. Where the bank sees opportunity
- Which 10-year yield level will really start to hit stocks? Here's what history suggests
- Gold trades near seven-week low as rate-hike pressure mounts
- Oil Prices and Bond Yields Keep Rising, Putting a Damper on Stocks
Indian stocks fall as oil prices rise
Indian equities fell sharply on 28 September as crude prices topped $100 a barrel and geopolitical risks and fading US-Iran deal hopes weighed on sentiment. The Nifty closed at 22,780.25, down 360 points, and the Sensex at 72,771.72, down 1,124 points; more than ₹7.5 lakh crore in market value was erased.
Tuesday, 29 September
- Misfortunes of war, over 7.5 lakh crore m-cap erased