Monday, 28 September 2026Updated 17m ago
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Market move▼ Bearish for Indian equities

Nifty slips below 23,000 as bank stocks tumble

1 source · first seen 12:50 28 Sept · updated 12:50 28 Sept

The brief

Written from 1 report · check the source before you trade
  • Nifty slipped below 23,000 as bank stocks tumbled
  • Weak global cues and rising crude oil prices weighed on benchmarks
  • Bank shares face pressure; higher crude costs can weigh on Indian oil-marketing companies

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Nifty and Sensex74 todayBanks79 todayCrude oil83 todayGlobal markets86 todayAsian markets22 today

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Part of a developing story13 updates

Indian stocks fall as crude prices surge

On 28 September, the Sensex and Nifty fell more than 1% amid rising crude prices and geopolitical jitters; Brent crude crossed $107. Eighteen Nifty stocks were more than 20% below their 52-week highs, and market capitalisation losses reached ₹31.35 lakh crore.

Monday, 28 September

  1. You are here
    Nifty slips below 23,000 as bank stocks tumble
  2. Sensex, Nifty plunge over 1%; investors lose Rs 6 lakh crore as Brent crude crosses $107
  3. Nifty PSU Bank tanks 2%, stocks dip up to 4%; Analysts flag rate hike woes
  4. India VIX spikes 14% as oil, geopolitical risks trigger market sell-off
  5. Bank Nifty crashes nearly 2%, trades near 54,500; check top losers: What lies ahead?
  6. Sensex, Nifty plunge over 1%; realty shares skid
  7. Sensex tanks 730 points amid surging crude oil prices, geopolitical uncertainties

See all 13 updates →

Read the reports

1 report · earliest 12:50
Business StandardNifty slips below 23,000 as bank stocks tumble12:50