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The equity benchmarks, Sensex and Nifty 50 were both down more than 2% at the opening bell.
Updated on: Mar 04, 2026 9:33 AM IST
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The selloff in India's stock market intensified after a day's break as the Iran war dragged on for the fifth day, with both equity benchmarks down at least 2% each.
The 30-share BSE Sensex fell as much as 2.19%, or 1,758.22 points to 78,480.63, even as the wider NSE Nifty 50 shed more than 500 points for a gap-down open. The oil & gas stocks fell, defence stocks surged. The crash has wiped out nearly ₹9 lakh crore in investor wealth.
The rupee crossed the 92/$ for the first time. Financials were top Nifty losers.
The HT Business Desk provides comprehensive coverage of the Indian and global financial markets. Based in Mumbai and New Delhi, the team tracks everything from Sensex and Nifty movements to the latest from India Inc., trade deals, and macroeconomic policy. We aim to empower readers with timely, fact-checked news that clarifies the complexities of the business world.Read More
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