Sensex climbs 130 points as oil eases, Nifty slips below 22,700 amid US yield surge

The BSE Sensex rose about 130 points while the NSE Nifty fell below the 22,700 level on Tuesday, as falling oil prices lifted sentiment but sharply higher US Treasury yields kept investors on edge. Indian shares traded mixed, with some stocks gaining on the oil price relief and others slipping amid caution over the global bond market. The dip in crude helped improve risk appetite, yet the surge in US yields signaled tighter global financing conditions. Weak cues from overseas markets added to the hesitant tone, preventing a broader rally. ## Context Falling oil prices often boost equity markets by lowering input costs, while rising US yields raise borrowing costs worldwide and can dampen investor confidence, explaining the split move in India's main indices.