Stock Market Live Updates, September 29, 2026: Indian benchmark indices, Sensex and Nifty50, opened lower on Tuesday, tracking surging oil prices, rising US Treasury yields and continued uncertainty surrounding the US-Iran war.
That said, the BSE Sensex opened 138.04 points lower at 72,633.68, from its previous close of 72,771.72. Meanwhile, the NSE Nifty50 opened 47.8 points lower at 22,732.45, compared with its previous close of 22,780.25.
On BSE, Sun Pharma, Bajaj Finserv and HCLTech were among top gainers. On the flipside, M&M, Tata Steel and Bajaj Finance were top drags.
Broader markets, too, were trading lower. Nifty Small Cap 100 index was down 0.20%, while Nifty Mid Cap 100 index was down 0.15%.
Barring Nifty Pharma and Healthcare indices, all sectors were in the negative territory.
Meanwhile, Asian markets remained under pressure in early trade. Japan’s Nikkei 225 slipped 0.73%, while South Korea’s Kospi declined 0.35%. Australia’s ASX 200 fell 0.1%, while New Zealand’s NZX 50 dropped 0.72%.
ALSO READ: Asian Markets Today: Nikkei, Kospi, NZX 50 Fall As US-Iran War Uncertainty Weighs
The weakness across Asian equities came after US stocks ended lower in the previous session. The Dow Jones declined 0.67%, the S&P 500 fell 0.77%, while the Nasdaq Composite settled 0.92% lower.
Meanwhile, US Treasury yields continued to move higher as investors remained concerned that persistent inflation could prompt further interest-rate increases from the Federal Reserve. The benchmark 10-year US Treasury yield ended above 5.2%, near levels last seen in 2007, while the 30-year yield topped 5.56%, around a level last seen in 2004.
Investors will track fresh US economic data on Tuesday, including the September consumer confidence reading and the August job openings and labour turnover survey, which could influence expectations around the Federal Reserve’s interest-rate path and Treasury yields.
Oil Prices Today
Oil prices extended gains for a second session, with Brent crude holding above $106 a barrel and West Texas Intermediate approaching $94, as uncertainty over US-Iran negotiations outweighed the partial restoration of flows through Saudi Arabia’s key East-West pipeline.
The market is currently weighing two competing factors, which include the prospect of additional supply returning through Saudi Arabia and continued uncertainty surrounding the Strait of Hormuz.
Iranian officials have privately expressed pessimism about reaching a deal with Washington that would end hostilities and reopen the waterway before the US midterm elections in November, according to Bloomberg reports.
Earlier this week, US President Donald Trump has also rejected an Iranian proposal linked to reopening the Strait of Hormuz within seven days.
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