Country: IN | Published: 2026-09-24
Indian equities extended their slide, with the Nifty slipping below the 23,000 mark for the first time since June as panic selling picked up and volatility spiked. Crude oil above
Indian equities extended their slide, with the Nifty slipping below the 23,000 mark for the first time since June as panic selling picked up and volatility spiked. Crude oil above $100 and firm US yields keep pressure on the rupee, though the central bank's intervention and banks' readiness to deploy overseas funds are cushioning the strain. Geopolitical noise, from Iran warning of a wider Indian Ocean conflict to frayed ties with Bangladesh, adds to the cautious mood, while Infosys shares whipsawed lower ahead of options expiry.