Market crash wipes out Rs 26 lakh cr in 8 weeks! Why soaring bond yields may hurt Sensex, Nifty more than elevated oil prices

India’s stock market has shed ₹26 lakh crore over eight weeks, marking a sharp setback for investors. The decline has placed renewed attention on the pressures facing the Sensex and Nifty.

Bond yields emerge as a key risk

Soaring bond yields are being identified as a potentially greater threat to the Sensex and Nifty than elevated oil prices. The comparison highlights the importance of bond-market movements in the current market downturn.

Higher oil prices remain a concern, but the available information suggests that rising yields could have a stronger effect on Indian equities. The headline does not provide specific yield levels, index readings or sector-wise details.

What investors are watching

The market loss over the past eight weeks underlines the scale of the decline. Investors will be focused on whether pressure from bond yields continues to weigh on the Sensex and Nifty, while elevated oil prices remain another market concern.

For now, the central issue is the relative impact of these two factors: soaring bond yields are being presented as the more significant risk to India’s benchmark indices.