{
  "id": 10705737,
  "title": "Sensex, Nifty slip to near six-month lows as Rupee tests 96 against dollar",
  "url": "https://urgent.news/2026/09/29/sensex-nifty-slip-to-near-six-month-lows-as-rupee-tests-96-against",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T14:10:37.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/sensex-nifty-slip-to-near-six-month-lows-as-rupee-tests-96-against-dollar/article71523925.ece"
  },
  "original_language": "en",
  "account": "On Tuesday, stock benchmarks slipped to their lowest levels in six months, as investors remained cautious amid high crude oil prices, foreign fund outflows, and rising global bond yields. The Sensex closed at 72,529.07, down 0.33%, while the Nifty 50 settled at 22,716.20, dropping 0.28%. Both indices regained some ground on the month-end derivatives expiry day. The Sensex hit a low of 72,064, and the Nifty dropped to 22,569.65 before finding support near the 200-week moving average around 22,600. Nifty Midcap 100 and Nifty Smallcap 100 both fell by 0.99% and 0.80%, respectively. Of the Nifty 500 stocks, 344 declined, while 152 advanced. Consumer durables, chemicals, and realty ended with losses of 2.71%, 2.31%, and 2.00%, respectively. Cement, auto, IT, and FMCG also closed lower. Nifty IT, which had lost 1.48% in eight consecutive sessions, also ended down. The rupee briefly touched the 96 level against the dollar but recovered due to RBI action, improving global crude, and foreign inflows from index rebalancing. Adani Enterprises, Adani Ports, Titan, and Wipro were among the top gainers, while Nifty IT, metal, pharma, and media showed losses. The Nifty IT declined for the eighth consecutive session. Brent crude oil reached a high of $107.87 before settling around $105 a barrel, as US-Iran talks stalled. India's 10-year government bond yield hit 7.17%, its highest since April 2024, while the US 10-year Treasury yield exceeded 5.2%. Foreign institutional investors continued to sell their holdings in the Indian market. August industrial output in India grew by 8.0% year-on-year, the fastest pace in two months. The India VIX eased to 13.35. Bank Nifty closed at 54,260, down 0.39%. Analysts anticipate support for the Nifty at 22,600 and 22,400, with resistance at 22,900 to 23,100. The key factors to watch include crude prices, the rupee's movements, global yields, and the US response to the Hormuz Strait situation.",
  "summary": "The Sensex closed at 72,529.07, down 242.65 points or 0.33% and The Nifty 50 settled at 22,716.20, lower by 64 points or 0.28%",
  "key_points": [
    "Sensex and Nifty hit near six-month lows",
    "Rupee tests 96 against dollar",
    "Foreign fund outflows and crude oil prices impact markets"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}