BusinessSensex Drops 900 Points; Nifty Falls Below 22,900 Amid Market Selloff
On Monday, Indian stock markets opened weak with Sensex falling nearly 900 points to 72,995 and Nifty 50 dropping 284 points to 22,856. The decline follows the longest weekly losing streak since 2020, driven by rising crude oil prices hitting $106 and a spike in US 10-year bond yields to 5.2%. Investor sentiment was further dampened by US President Donald Trump's rejection of Iran's proposal, causing foreign portfolio investors to sell shares again in September. All sectoral indices and broader markets, including midcap and smallcap stocks, traded lower amid intense selling pressure.
Business Standard·2h ago



