Sensex plunges 900 points, Nifty slips below 22,900 as oil, bond yields, FPI selling weigh
Indian stock markets crashed on Monday, with the Sensex falling 900 points to 72,995 and the Nifty dropping 284 points to 22,856, as all sectoral indices traded in the red amid a broad selloff. The decline was driven by rising crude oil prices near $106 per barrel, a spike in global bond yields, and renewed selling by foreign portfolio investors, who offloaded ₹17,131 crore in stocks this month after being net buyers in July and August. Escalating West Asia tensions, including President Trump's rejection of Iran's proposal, dampened global sentiment, while technical analysts flagged 23,000 as a key support level for the Nifty, with a potential decline toward 22,800-22,700 if breached.