Why Is Stock Market Down Today, September 15, 2026?
Sensex and Nifty 50 fell over 0.5 percent in early trade on September 15 as a crude oil price surge, US Treasury yields crossing 5 percent, and Fed policy caution triggered a broad selloff led by banking and energy stocks.
Indian equity benchmarks extended their slide on Tuesday, September 15, with the BSE Sensex and NSE Nifty 50 both falling more than half a percent in a broad-based selloff that hit banking, energy, and infrastructure stocks the hardest. The Sensex tumbled over 500 points, or 0.70 percent, to touch an intraday low of 74,240, while the Nifty 50 dropped more than 200 points, or 0.90 percent, to slip below 23,195.30. The decline comes amid a mix of global and domestic pressures, from a sharp rally in crude oil prices to surging US Treasury yields and nervousness ahead of the Federal Reserve's rate decision, all of which have pushed institutional investors toward a risk-off stance.
Crude Oil Prices Surge, Raising Inflation Fears
Global crude oil prices have jumped sharply, with Brent crude crossing $107 a barrel and edging close to the USD 110 mark. Supply worries deepened after a key Saudi Arabian pipeline went offline following regional security tensions. Since India imports the vast majority of its crude requirements, a sustained rise in oil prices could widen the country's current account deficit, stoke imported inflation, squeeze corporate margins, and reduce the chances of an interest rate cut by the Reserve Bank of India in the near term. Stock Market Today: Sensex, Nifty Open Higher Defying Weak Global Cues.
US Treasury Yields Cross 5 Percent Mark
Adding to the pressure on emerging markets, the US 10-year Treasury yield breached the psychologically important 5 percent level, its highest in nearly three years. The spike has been driven by sticky inflation data, growing US federal debt, and shifting expectations around Federal Reserve policy. Higher US yields typically push foreign portfolio investors to pull money out of emerging markets like India and park it in dollar-denominated bonds instead. Why Are AI Companies' Stocks Falling?
Fed Policy Decision Keeps Investors on Edge
Markets are also treading cautiously ahead of the US Federal Reserve's FOMC meeting outcome due Wednesday. While a 25 basis point rate hike is largely priced in, investors are watching closely for the Fed's tone on inflation and growth. Any signal of a more hawkish stance or downgraded global growth projections could trigger further volatility in equity markets, including in India.
ICICI Bank, Reliance, SBI Among Top Losers
The selloff was concentrated among index heavyweights, with financial stocks bearing the brunt of the pressure. ICICI Bank, Reliance Industries, State Bank of India, Larsen & Toubro, and Bajaj Finance were the top five drags on both the Sensex and the Nifty 50, limiting any scope for an intraday recovery.
DISCLAIMER: This article is strictly for informational and educational purposes to raise awareness about the said topic. LatestLY DO NOT host, distribute, or provide links to sexually explicit content, leaked videos, or pirated material. Any search terms or keywords mentioned are solely for the purpose of explaining the viral trend and its associated dangers. We strongly condemn the circulation of non-consensual intimate imagery (NCII) and advise all readers to refrain from searching for or sharing such content, as doing so may lead to severe legal consequences.
(The above story first appeared on LatestLY on Sep 15, 2026 02:59 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
