BusinessNifty Faces Weakest Monthly Expiry Since March Amid Rising Bond Yields
The Nifty 50 index is set for its weakest monthly expiry in six months on Tuesday, closing at 22,780.25 on Monday and dropping to 22,569.65 on expiry day. The decline is driven by surging bond yields caused by persistently high crude oil prices, which rose from $90 to $101 per barrel due to blockades at key chokepoints like the Strait of Hormuz and the Red Sea. The lowest expiry this year was on March 30 at 22,331.4 amid the US-Iran conflict.
Mint Markets·5h ago



