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Market move▼ Strongly bearish for Indian equities
Nifty 50 logs worst September performance in 8 years as 40 stocks slide
The brief
- Nifty 50 had its worst September performance in **8 years**, with 40 stocks sliding
- High US bond yields, a strong dollar, FPI outflows, crude concerns and weak domestic growth drove the sell-off
- FPI outflows and weak growth weigh on Indian equities, alongside high US yields and crude concerns
- Sensex drops over 20% in 2026 amid global market shifts and rupee depreciation
- D-Street set for a cautious opening as GIFT Nifty signals muted start
- Goldman Sachs, BNP Paribas divest over 68 lakh BSE shares worth Rs 2,186 crore ahead of Nifty 50 inclusion
- Block Deals: Jupiter Capital sells 10.69% Axiscades stake; Abakkus, Kotak AMC among buyers
- Avalon Technologies Block Deal: Promoters likely to sell up to 6% stake for ₹862 crore
Nifty’s prolonged market decline
The Nifty 50 fell for seven straight weeks, shedding nearly $250 billion in market value and breaking below its 200-day moving average on a weekly basis. It lost 6.7% in its worst September derivatives series in 25 years and was down 13.5% in 2026, with overseas selling, global weakness and high oil weighing on sentiment.
Wednesday, 30 September
- Nifty 50 logs worst September performance in 8 years as 40 stocks slide