Sensex drops 100 points in pre-market session, Nifty near 23,650; Asian markets rise

GIFT Nifty signaled a possible decline in the Nifty50 index opening, as the sell-off in global bonds weakened risk appetite. Asian markets showed mixed results on Thursday morning.

According to data from September 24, 2026, most global markets recorded losses after the rise in global bond yields, which was caused by concerns about further interest rate hikes in the US. GIFT Nifty futures traded at 23,268.50, down by 182 points.

Asian-Pacific markets traded with mixed performance on Thursday morning. Japan's Nikkei 225 and South Korea's Kospi rose by 1.47% and 0.9%, respectively. Meanwhile, China's CSI 300 and Hong Kong's Hang Seng fell by 0.73% and 0.68%.

Overnight, the yield on the benchmark 10-year US Treasury bond jumped by 15 basis points to 5.11%. This was the largest single-day jump since Trump announced tariffs in 2025, according to Bloomberg. Robust economic data and hawkish statements from US Federal Reserve Chairman Michael Barr led to increased bets on further monetary policy tightening in the near future.

US Treasury yields rose amid growing expectations of the start of a rate hike cycle. The Dow Jones and S&P 500 closed lower by 0.68% and 0.75%, respectively, while the Nasdaq Composite finished trading down by 1.13%.

Brent crude oil futures traded above the $100 per barrel mark during Asian trading hours, despite a partial retreat from the previous session's gains. September futures were valued at $102.57, which is 0.82% lower on the Intercontinental Exchange. Gold futures remained unchanged, while silver futures fell by 0.79%.

Initial Public Offerings (IPOs)

On Thursday, subscriptions open for Initial Public Offerings (IPOs) of Moneyview, A-One Steels, Green Asia Impex, Peshwa Wheat, and Roopa Screen. On the mainboard section, the second day of subscription opens for IPOs of Adroit Industries, Elevate Campuses, Swastika Infra, and ArMee Infotech. In the SME segment, the second day of subscription opens for Unitec Fibres, S.K.Offset, Liqvd Digital, Pooja Logistics, and Coreintegra Consulting. The last day of subscription will be for the IPOs of Varmora Granito, Anand Seamless, and Himalaya Nutravedics.

According to data for Wednesday, September 23, 2026, the GIFT Nifty index signaled a possible slight negative opening for the Nifty50 index as market participants assessed the probability of reduced tension in West Asia. GIFT Nifty futures traded at 23,339 points, which was 49 points lower.

Most markets in the Asia-Pacific region showed growth, following similar overnight movements by their Wall Street counterparts, driven by technology stocks that reaffirmed their leadership. For instance, the Korean Kospi rose by 0.4 percent, while Japanese financial markets were closed for a holiday.

Overnight gains in artificial intelligence (AI) related stocks pushed the Nasdaq 100 index to a new high since June. The index closed 0.82 percent higher, reaching 30,732.40. Meanwhile, the Dow Jones Industrial Average fell by 0.36 percent, and the S&P 500 remained unchanged on Tuesday.

Brent crude oil prices dropped by more than 1 percent as traders hoped that military actions between the US and Iran would cease after US President Donald Trump announced a very good conversation with the Iranian envoy. However, during the Asian session, prices recovered losses, and September futures rose by 0.48 percent, reaching $99.09 per barrel on the Intercontinental Exchange.

Gold and silver futures also showed gains: gold increased by 0.14 percent, and silver by 1.14 percent.

Initial Public Offerings (IPO)

On Wednesday, investors will see a busy primary market session as nine initial public offerings (IPOs) open for subscription. In the mainboard section, subscriptions will open for the IPOs of Adroit Industries, Elevate Campuses, Swastika Infra, and ArMee Infotech. In the SME segment, Unitec Fibres, S.K.Offset, Liqvd Digital, Pooja Logistics, and Coreintegra Consulting IPOs will debut on the first day. The IPOs of Varmora Granito, Anand Seamless, and Himalaya Nutravedics will open on the second day of subscription, while the IPOs of Robokidz Eduventures and FX Multitech will enter on the last day of subscription.

Stock Listings (IPO)

Market updates note that US stock futures rose on Wednesday morning due to optimism regarding artificial intelligence (AI) related stocks. Dow Jones and S&P 500 futures advanced by 0.1 percent and 0.01 percent, respectively.

Asia-Pacific markets showed growth on Tuesday morning, following trends observed on Wall Street the previous day. The main driver of this rally was the shares of heavyweight technology companies.

Overnight, US indices showed positive momentum: the Dow Jones Industrial Average and S&P 500 closed higher—up 0.71% and 1.49% respectively. The Nasdaq Composite index finished the session up 2.26%.

In Asia, Brent crude oil prices stabilized after four consecutive days of decline as supply concerns eased. September futures traded at $101.7 per barrel on the Intercontinental Exchange. Gold and silver futures rose by 0.03% and 0.5%, respectively.

IPOs Today

On Tuesday, subscriptions are scheduled to start for initial public offerings (IPOs) of companies such as Varmora Granito, Anand Seamless, and Himalaya Nutravedics. Additionally, the IPOs of Robokidz Eduventures and FX Multitech continue their second day of subscription, while the Axiom Gas Engineering IPO approaches its final day.

GIFT Nifty reaches 23,495

GIFT Nifty was recorded at 23,495 points, representing a rise of 49 points.

Brent oil prices remain stable

After four consecutive days of decline, Brent oil prices stabilized in the Asian session, linked to reduced concerns about supply. September futures traded at $101.7 per barrel on the Intercontinental Exchange.

Asian markets show growth

Asia-Pacific markets were rising on Tuesday morning, reflecting similar overnight movements by their counterparts on Wall Street. The largest contribution to this increase came from the shares of major technology companies. Japan's Nikkei 225 and South Korea's Kospi increased by 1.38% and 1.67%, respectively.

US stock futures trade with mixed sentiment

US stock futures traded with mixed results following the positive session on Wall Street. Meanwhile, S&P 500 futures rose by 0.08%, while the Dow Jones fell by 0.14%. As mentioned earlier, the Dow Jones dipped by 0.71% overnight, and the S&P 500 rose by 1.49%, while the Nasdaq Composite grew by 2.26%.