GENERAL29 Sept 2026
US bond yields hit 19-year high! What's driving the surge and why Nifty, Sensex are feeling the heat? Experts decode | Stock Market News
US 10-year Treasury yields have jumped above 5.2%, the highest since 2007. Safe US debt now looks more attractive, so foreign institutional investors are selling Indian shares and moving money abroad. Nifty 50 slipped below 22,600 on Tuesday, September 29, hitting a six-month low, with IT stocks like Wipro and Infosys leading losses. Rate-sensitive sectors may stay under pressure, and the Rupee is also weak.
Key Statutory Highlights
- US 10-year Treasury yields rose above 5.2%, the highest level since 2007.
- Nifty 50 fell below 22,600 on September 29 and touched a six-month low, with IT stocks like Wipro and Infosys losing the most.
- Higher bond yields pull foreign investor money back to the US, which pressures Indian shares and the Rupee.
Actionable Advice for Taxpayers / Founders:Review your exposure to IT and other rate-sensitive stocks with your adviser, and avoid taking big decisions based on a single day's fall, since the market recovered sharply from its intraday low.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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