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Below the Quote on Daily Market 24th September 2026 by Vikram Kasat, Chief Business Officer, Advisory and Dealing at PL Capital

“Indian equities witnessed a sharp risk-off session, with the Sensex falling around 1,200 points and the Nifty declining to around 23,077, as selling intensified across sectors, particularly financials. The correction reflects more than routine profit-booking: the rise in the US 10-year Treasury yield to around 5.11%, crude oil remaining above $100 a barrel and persistent geopolitical uncertainty are collectively raising concerns around inflation, borrowing costs and the pace of global monetary easing. This is prompting investors to reduce risk, particularly in rate-sensitive segments. Going forward, volatility could remain elevated until there is greater clarity on crude prices and global yields. A moderation in these pressures would be important for sentiment to stabilise.”

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