Market snapshot
Nifty 5023,063.10-1.64%
Sensex73,580.54-1.67%
Bank Nifty55,438.50-1.96%
Previous close · 24 Sept 2026 · Nifty is trading at the 18th percentile of its range over the last 252 sessions.
Yesterday, Indian equities faced significant pressure as the US 10-year Treasury yield climbed to 5.12%, stirring fears of sustained inflation and tighter monetary policy. This created a challenging environment for risk assets, prompting a broad-based sell-off. Key sectors like banking and energy were particularly impacted by the dual pressure of rising yields and climbing oil prices, which increased input costs and capital expenses. Despite the overall negative sentiment, stocks such as ICICI Lombard General Insurance showed resilience, indicating investor interest in specific sectors.
The big story
US 10 year yield hits 5.12%
US 10-year yield reached 5.12% as oil prices climbed.
News
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a five-year plan to reduce insurers' Expenses of Management (EoM) and tighten controls on commissions, aiming to benefit policyholders by ensuring better value from premiums.
India's business activity rebounded in September, reaching a three-month high, according to the latest Purchasing Managers' Index (PMI) data.
The National Stock Exchange (NSE) aims to facilitate 250 SME IPOs annually by collaborating with state governments to incentivize listings and address regulatory hurdles.
India's Oil and Natural Gas Corporation (ONGC) has discovered gas at a deepwater well in the Mahanadi basin off the coast of Odisha.
The Indian rupee has depreciated by 6.76% against the US dollar in 2026, currently standing at ₹95.95 per US dollar, impacting corporate earnings in nuanced ways according to Nuvama Institutional Equities.
The National Stock Exchange (NSE) plans to more than double its co-location capacity to over 4,500 racks in the next two to three years to accommodate growing high-frequency trading and algorithmic activity.
Orient Cables has raised Rs 166 crore from 14 anchor investors as part of its IPO, which includes a fresh issue of equity shares worth Rs 320 crore.
The Rs 708-crore Varmora Granito IPO is expected to finalize its share allotment today, with the company's stock scheduled to list on the BSE and NSE on September 29, 2026.
Stocks Updates
Lemon Tree Hotels: completed acquisition of a land parcel in Bandra (East), Mumbai for ₹120 crore.
Dr. Lal Path Labs: approved acquisition of a 70% stake in SN Genelab Private Limited.
R R Kabel: approved acquisition of U M Cables Limited's business for ₹77 crore, subject to adjustments.
Power Grid Corporation of India: acquired Barmer HVDC Power Transmission Limited under TBCB route.
Clean Science and Technology: 100% 10 Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief).
Waaree Energies: approved draft scheme of amalgamation with Indosolar Limited.
Ramkrishna Forgings: allotted 34,00,000 equity shares at ₹2 each, aggregating ₹149.9 crore.
FII / DII activity
FIISold ₹5,027.36 Cr
DIIBought ₹4,301.18 Cr
FIIs sold ₹5,027.36 Cr, DIIs bought ₹4,301.18 Cr. DIIs providing support against heavy FII selling.
Market breadth
Nifty 500
Advances73
Declines426
A/D ratio0.17
Limited participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
IT-0.44%
Pharma-0.45%
Media-0.80%
Energy-1.06%
FMCG-1.08%
Realty-1.10%
PSU Bank-1.13%
Auto-1.57%
Infra-1.65%
Metal-1.96%
Bank-1.96%
Fin Services-2.39%
Leaders: IT, Pharma · Laggards: Fin Services, Bank
Top gainers and losers
Gainers
ICICIGI₹1,577.00+5.09%
OIL₹479.00+1.91%
MCX₹3,427.70+1.59%
KAYNES₹3,509.50+1.49%
MANAPPURAM₹324.95+1.42%
Losers
POLICYBZR₹1,207.20-36.00%
MFSL₹1,410.00-9.78%
LTF₹282.00-9.03%
HDFCLIFE₹526.90-6.16%
BAJFINANCE₹982.00-5.87%
Commodities & forex
🪙 Gold (10g)₹1,50,841.00+0.09%
🥈 Silver (1kg)₹2,34,030.00+0.23%
USD/INR95.74+0.05%
Global cues
S&P 5007,704.13-0.02%
Nasdaq26,939.37+0.01%
S&P 500 futures7,767.00-0.07%
Nasdaq futures30,766.75+0.01%
Wall Street ended nearly flat as rising yields weighed on investor sentiment, according to thebusinessjournal.com.
Surging Treasury yields are presenting new challenges for Kevin Warsh and the Federal Reserve, CNBC reports.
The 30-year Treasury yield reached its highest level since 2004 amid a continuing bond market rout, CNBC notes.
The S&P 500 closed marginally lower as investors focused on tensions involving the US and Iran, reuters.com states.
Ukrainian President Zelenskiy held talks with Wall Street executives about the reconstruction of Ukraine, according to reuters.com.
Technical levels
Nifty support22,978.85 / 22,894.60
Nifty resistance23,214.65 / 23,366.20
Bank Nifty support55,213.67
Bank Nifty resistance55,790.87
Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.
Earnings calendar
Tata Consultancy Services Limited2026-10-08
HCL Technologies Limited2026-10-12
ICICI Prudential Life Insurance Company Limited2026-10-13
Tata Technologies Limited2026-10-14
Term of the day
Listing day circuit
Listing-day circuits are NSE/BSE price bands that can apply when a newly listed IPO stock begins trading.