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.


