Sensex Falls 629 Points to 72,151 and Nifty Drops 194 Points to 22,582 in Morning Trade on September 29, Hitting Six-Month Lows on Oil Spike and Rising Yields

Key equity benchmarks Nifty and Sensex hit their lowest levels in six months on Tuesday, September 29, 2026, falling in line with other Asian markets as rising dollar, soaring crude oil prices, hardening bond yields, persistent foreign outflows and fears of rate hikes pressured Indian stocks, according to Business Today reporting. At 10:30 am, the BSE Sensex was trading 629 points or 0.86 percent lower at 72,151, hitting a low of 72,064 so far, while the NSE Nifty tested 22,600 and hit a low of 22,569.65, later trading 194 points or 0.85 percent lower at 22,582.40. Within 90 minutes of trading, a total of 190 BSE-listed stocks had hit their 52-week lows, with listed stocks together losing Rs 4.38 lakh crore in market value. Fear gauge India VIX spiked 5.53 percent to 14.39.

The sharp selloff reflects mounting pressure on Indian equities from a deteriorating global macro construct, with Brent crude above $107 and the US 10-year at 5.25 percent continuing to be unfavorable for equity markets, according to market analysts quoted by Business Today. Against 1,225 actively traded stocks that rose, 2,655 shares were quoting in the red on BSE, indicating broad-based selling pressure. The decline follows Monday's 0.6 to 0.8 percent drop, when the S&P 500 fell to around 7,683.69, the Dow Jones Industrial Average dropped 0.67 percent or 347 points to 51,481.51, and the Nasdaq Composite shed 0.9 to 1.1 percent. For UAE-based investors with exposure to Indian equities, the six-month low signals heightened volatility and potential portfolio rebalancing ahead.

Sources

Business Today reporting published September 29, 2026 (businesstoday.in); Pulse by Zerodha aggregated news dated September 29, 2026 (pulse.zerodha.com)