2 hrs ago
Nifty extends seventh weekly loss as crude, yields pressure markets
India’s main stock market recovered a little on Friday after a large fall the day before.
However, it still lost money for the seventh week in a row.
Expensive oil and high United States government bond yields made investors cautious.
Foreign investors also continued taking money out of the market.
The Nifty 50 stayed above the important 23,000 level.
Some areas, such as car companies, real estate and consumer goods, performed well.
Technology and healthcare stocks were weaker.
Investors will watch economic reports and news about oil supplies next week.
Better news about the Strait of Hormuz could help markets, while new conflict could hurt them.
The Nifty 50 gained 0.34% on Friday, while the Sensex rose 0.43%.
The Nifty fell 0.88% for the week, marking its seventh consecutive weekly decline.
Brent crude eased to about $105.3 a barrel, while the United States 10-year yield stayed near 5.2%.
Auto, Realty and Consumer Durables advanced, while Information Technology and Healthcare remained subdued.
Markets will monitor India’s industrial production, fiscal deficit, global economic data and developments around the Strait of Hormuz next week.
- Who
- Indian equity-market investors, domestic companies and foreign funds were involved; analysts Vinod Nair and Ajit Mishra commented on market conditions.
- What
- The Nifty 50 recorded its seventh consecutive weekly loss despite gaining on Friday.
- Where
- Indian financial markets, with global influence from crude-oil markets, United States bond markets and West Asia.
- When
- The rebound occurred on Friday, September 25, 2026, after a weekly decline.
- Why
- Elevated crude prices, high United States bond yields and continued foreign fund outflows weighed on sentiment, although domestic growth prospects and improving valuations provided some support.
External risks
Domestic support
Market direction
External risks
Elevated crude prices, high United States bond yields, foreign fund outflows and possible West Asia escalation could renew pressure on equities.
Domestic support
Improving valuations, resilient domestic growth prospects and oversold positions in heavyweight stocks could help limit further declines.
Oil-market outlook
External risks
Further Houthi attacks on Saudi infrastructure could disrupt markets and keep crude prices elevated.
Domestic support
Potential United States-Iran negotiations and a phased reopening of the Strait of Hormuz could lower oil-related pressure.
Near-term trading
External risks
Stronger United States economic data could reinforce expectations of a more hawkish Federal Reserve and reverse the fragile recovery.
Domestic support
A credible Hormuz reopening framework or further crude-price easing could provide relief to equities.
Key facts
- Nifty 50 Friday close
- 23,140.50, up 77 points or 0.34%
- Weekly Nifty performance
- Down 0.88%, its seventh straight weekly decline
- Sensex Friday close
- 73,895.74, up 0.43%
- Brent crude
- About $105.3 a barrel after easing around 1.2%
- United States 10-year yield
- Near 5.2%, close to its highest level since 2007
- Key Nifty support
- The 23,000 level
- Rupee close
- 95.81 against the dollar, up 15 paise
- India VIX
- 12.13 after declining 3.4%
Quotes
Ajit Mishra
SVP-Research at Religare Broking
“Volatile crude and bond yields at elevated levels kept the market recovery capped”
thehindubusinessline.com
“23,000 remains the key near-term support”
thehindubusinessline.com










