Ahead of Market: 10 things that will decide stock market action on Friday

Ahead of Market: 10 things that will decide stock market action on Friday ETMarkets.com Sensex and Nifty plunged as surging bond yields, elevated crude prices and geopolitical uncertainty triggered broad-based selling, particularly across financial stocks on Thursday.

Synopsis Indian equities suffered a sharp selloff, with Sensex plunging 1,248 points and Nifty falling 1.6% as US Treasury yields hit 19-year highs, crude stayed above $100 and geopolitical concerns intensified.

Financial stocks led losses, while market breadth remained heavily negative.

By Debaroti Adhikary, ETMarkets.com XPeers Vodafone Idea Share Price Bharti Airtel Share Price Bharti Hexacom Share Price Tata Communications Share Price Tata Teleservices (Maharashtra) Share Price Sep 24, 2026, 09:23:00 PM IST Follow us The Indian stock market crashed on Thursday, with Sensex and Nifty falling more than 1.6% each as bond yields surged to 19-year highs, along with other factors that spooked investors.ADVERTISEMENT Sensex crashed around 1,248 points to close at 73,581, while Nifty 50 dropped 384 points to end the session at 23,063.

Broader markets crashed further, with Nifty Midcap 100 plunging more than 2% and Nifty Smallcap 100 index dropping 1.5%. Why did market crash today?

5 factors behind today's D-Street bloodbath Here's how analysts read the market pulse Indian equities witnessed a sharp risk-off session as selling intensified across sectors, particularly financials.

The correction reflects more than routine profit-booking, said Vikram Kasat, Chief Business Officer of Advisory and Dealing at PL Capital.

He highlighted 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,” he added.

Going forward, the analyst said volatility could remain elevated until there is greater clarity on crude prices and global yields.

A potential ban of US diesel exports added to investor caution.Technology stocks led declines on the S&P 500, with chipmakers such as Nvidia, Broadcom and Micron slipping over 1% each.ADVERTISEMENT A rise in Treasury yields, with that on the 30-year Treasury bond reaching its highest since 2004, pressured riskier assets as the market priced in the likelihood of a long war and higher borrowing costs.European marketsADVERTISEMENT MSCI's main world share index, the pan European STOXX 600 and Wall Street futures all moved lower amid the unsettled mood. I’s reform plans.

What Citi and Jefferies are warningMost active stocks in terms of turnoverPolicy Bazaar (Rs 3,510 crore), HDFC Bank (Rs 2,159 crore), BSE (Rs 1,835 crore), RIL (Rs 1,712 crore), Ola Electric (Rs 1,605 crore), Max Financial (Rs 1,592 crore), and MCX India (Rs 1,418 crore) were among the most active stocks on NSE in value terms.

Higher activity in a counter in value terms can help identify the counters with the highest trading turnovers in the day.Most active stocks in volume termsOla Electric (Traded shares: 37.61 crore), Vodafone Idea (Traded shares: 36.39 crore), Suzlon Energy (Traded shares: 13.12 crore), Yes Bank (Traded shares: 10.22 crore), IFCI (Traded shares: 7.08 crore), IDFC First Bank (Traded shares: 4.06 crore) and L&T Finance (Traded shares: 3.7 crore) were among the most actively traded stocks in volume terms on NSE.Stocks showing buying interestAllied Blenders, ICICI Lombard, Sun TV, Caplin Point, Carborundum Uni, United Breweries and Go Digit General Insurance Company were among the stocks that witnessed strong buying interest from market participants.52-week highAmong the ones which hit their 52-week highs on NSE included Allied Blenders, Caplin Point, Carborundum Uni, Divi’s Labs, Aurobindo Pharma, Laurus Labs and Shyam Metalics.Stocks seeing selling pressureStocks which witnessed significant selling pressure were Policy Bazaar, Max Financial, L&T Finance, HDFC Life, Bajaj Finance, Info Edge and New India Assurance..52-week lowAmong the ones which hit their 52-week lows on NSE included Policy Bazaar, Max Financial, ICICI Prudential Life Insurance, IRCON International, Latent View Analytics, India Cements and RIL. Bond crisis worsens!

US 30-year Treasury yields surge to highest level since 2004.