NIFTY50 faces 6% slump amid global pressures
NIFTY50 has declined 6% in September, driven by high crude oil prices and rising bond yields. Major stocks like HDFC Bank and Reliance Industries are near 52-week lows, reflecting a broader market sentiment that remains weak amid geopolitical uncertainties.
after close1 source ↓written by the desknot a recommendation
- in September
- 6% slump
- are trading near
- 52-week lows
- in 2026
- 11%
Indian equity markets are experiencing a 6% slump in September, primarily due to elevated crude oil prices and rising bond yields. The liquidity drain from secondary to primary markets as investors seek new IPO opportunities is contributing to this decline. Major stocks like HDFC Bank and Reliance Industries are trading near 52-week lows.
The broader market sentiment remains weak, with benchmark indices down over 11% in 2026, underperforming global peers amid ongoing geopolitical uncertainties.
Not investment advice. For informational purposes only.