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Nifty 50 struggles as US yields, oil and Iran tensions pressure sentiment
The Nifty is about 12% below its January peak near 26,373, and the article links the decline to US bond yields, a weaker rupee, rising crude, and foreign outflows.
India's Nifty 50 has been under pressure as investors react to soaring US bond yields and a stronger US dollar, alongside higher crude oil prices and rupee depreciation, LiveMint Markets reports. The index has also faced FII outflows and sentiment hit amid escalating US-Iran tensions.
The article says the benchmark has fallen about 12% or more than 3,200 points from a January record high near 26,373 to around 23,100 levels. It frames a move toward 25,000 as a recovery target rather than a fresh peak.
LiveMint Markets also notes that investors were monitoring signals from the UN General Assembly on the US-Iran conflict, as well as developments in US-China discussions. Even though crude oil ended the week lower, the piece says heightened volatility kept inflation concerns elevated, weighing on market sentiment.
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