Sensex, Stock Market Highlights: Investors lose ₹6.5 lk cr, Sensex ends 1048 pts lower; OMCs, defence stocks rise

Sensex Today | Stock Market LIVE Updates: Shrikant Chouhan, Head Equity Research, Kotak Securities: “We are of the view that the current market texture is weak but oversold; hence, a technical bounce-back from the current level is not ruled out. For day traders, 24750/80000 would act as a key support zone. As long as the market is trading above this, a pullback formation is likely to continue. On the higher side, it could bounce back till 25,000-25,075/80500-80700. On the flip side, below 24,750/80000 the market is likely to slip till 24,650-24500/79700-79300.”

Sensex Today | Stock Market LIVE Updates:: "Rising geopolitical tensions in the Middle East have unsettled global markets, with concerns over possible extension of the situation given the killing of Iran's supreme leader. Rising crude oil prices and a weakening INR reflect concerns over potential disruptions to oil supply, which could increase inflationary pressures in India and impact fiscals and strain margins for energy and chemical-dependent sectors.

The India VIX has edged higher, signalling increased uncertainty and risk aversion among market participants. Investors are rotating toward traditional safe-haven assets and adopting a cautious stance, awaiting greater clarity. While FII selling has intensified after the spiking of crude prices." said Vinod Nair, Head of Research, Geojit Investments Limited.

Sensex Today | Stock Market LIVE Updates: The total market capitalisation of BSE-listed companies fell by ₹6.5 lakh crore, slipping to ₹456.97 lakh crore from ₹463.50 lakh crore in the previous session.

Sensex ended 1048.34 points or 1.29% at 80,238.85 while the Nifty fell 312.95 points or -1.24% to settle at 24,865.70.

Sensex Today | Stock Market LIVE Updates: "Experience tells us that panic selling during during a crisis is wrong strategy. Investors should refrain from selling and watch how things evolve. Data from crises during the last many decades tells us that an event like the present crisis will not have any impact on the market six months later. This is the takeaway from the market behaviour after the recent crises like the Covid crisis, Russia-Ukraine war and the Gaza conflict. The ongoing West Asian crisis is unlikely to be different. However, since a war can spring unexpected surprises, investors have to be cautious.

Weakness in the market can be used to slowly accumulate high quality stocks in domestic consumption themes like banking, automobiles, capital goods and defense, "said VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

Sensex Today | Stock Market LIVE Updates: Tejas Networks, a Tata Group-backed company, saw its shares jump 15.4% in Monday's trading session, March 2, reaching the 13-week high of ₹502.95 apiece, even as the Indian stock market faced deep losses amid ongoing tensions in the Middle East. The US and Israel attacked Iran over the weekend, reportedly killing Iran's Supreme Leader and several other military officials, reflecting the risk of another full-blown war in the region.

Tejas Networks share price opened the session higher at ₹421.40 apiece and maintained the momentum to reach the day's high of ₹502.95 apiece, marking a third consecutive day of gains for the stock and resulting in a cumulative gain of 58.25%.

The Tata Group stock closed February with a strong 28% jump, recovering some of its recent losses after remaining under pressure between October 2025 and January 2026.

Sensex Today | Stock Market LIVE Updates: The Pakistan stock market's key gauge, KSE-30 Index, plunged as much as 9.6% at the open on Monday, March 2, sparking a 45-minute trading halt as the tensions in the Middle East spiked following the US and Israel’s strikes on Iran.

Moreover, tensions with Afghanistan have also escalated, further pressuring the country's stock market.

The KSE-30 index lost almost 5000 points or 9.6% to hit the day's low of 46,351.64 in intraday deals today. According to a Reuters report, this is the worst fall on record for Pakistan's stock market.

Sensex Today | Stock Market LIVE Updates: European indices opened sharply lower. Germany’s DAX fell 2.2% to 24,737.47. France’s CAC 40 dropped 1.9% to 8,413.91, while the UK’s FTSE 100 declined 1% to 10,800.63.

Asian markets were also largely weak, although Shanghai bucked the trend. The Shanghai Composite gained 0.5% to close at 4,182.59, supported by a rally in oil-related counters such as CNOOC, China Petroleum & Chemical and PetroChina, which rose to their 10% upper limits following higher crude prices.

Hong Kong’s Hang Seng index declined 2.1% to 26,059.85.

Japan’s Nikkei 225 initially fell more than 2% but recovered partially to close 1.4% lower at 58,057.24. Defence-linked Japanese stocks, including Mitsubishi Heavy Industries and IHI Corp., posted gains, helping offset broader market losses.

Sensex Today | Stock Market LIVE Updates: The crude trajectory already reflects mounting anxiety. Brent has climbed to a 7-month high of approximately $80 per barrel

“Scenario analysis suggests limited retaliation could add $5–10/bbl; direct damage to Iranian oil infrastructure could add $10–12/bbl; Hormuz disruption could push prices above $90/bbl; and a broader regional war could drive crude beyond $100/bbl," said JM Financial.

“For India, the impact is direct: every $1 rise in crude increases the annual import bill by $2 billion, putting pressure on the trade balance,” it added.

Sensex Today | Stock Market LIVE Updates: U.S. stock index futures slid more than 1% on Monday as the Middle East conflict showed no signs of cooling, prompting a rush toward safe-haven assets ahead of a busy week of U.S. economic data.

Oil prices jumped, while traditional safe havens rose, with gold climbing roughly 2% and bond prices rallying, sending the U.S. 10-year Treasury yield briefly to an 11-month low.

Fresh military strikes by the United States and Israel on Iran continued after weekend attacks that killed Supreme Leader Ayatollah Ali Khamenei, prompting Tehran to launch missile barrages across the region and raising fears the conflict could widen and potentially draw in neighboring countries. (Reuters)

Sensex Today | Stock Market LIVE Updates: The losses in Suzlon Energy share price further intensified in Monday's trade, March 2, with the stock falling another 8.3%, slipping below the ₹40 level for the first time since May 2024 and reaching the day's low of ₹39.13 apiece.

The stock, which is largely owned by retail shareholders, began its downward run in June 2025, which later turned into a prolonged correction, making the once high-flying stock in the Indian stock market now struggle to find a floor.

Even though the wind energy company’s December quarter numbers came in line with Street estimates, analysts said that, like other utilities, the company is facing challenges in scaling up commissioning due to land acquisition, RoW, and grid connectivity issues.

Sensex Today | Stock Market LIVE Updates: Stock exchanges in the United Arab Emirates will remain closed for two days — Monday, March 2, and Tuesday, March 3 — as tensions escalate across the Middle East, according to a report by Gulf News. The shutdown applies to both the Abu Dhabi Securities Exchange and the Dubai Financial Market.

The Capital Market Authority confirmed that trading across the country’s exchanges would be suspended on the specified dates. The regulator stated that the decision was taken in line with its regulatory and supervisory mandate and in accordance with applicable laws and regulations. It added that authorities will continue to closely monitor regional developments, assess the situation on an ongoing basis, and take any additional measures if required depending on evolving circumstances. The Authority also urged stakeholders to rely on its official communication channels, along with those of the Abu Dhabi Securities Exchange and the Dubai Financial Market, for further updates.

Sensex Today | Stock Market LIVE Updates: Global airline stocks such as Hong Kong's Cathay Pacific, Malaysia's AirAsia X, Singapore Airlines and Australia's Qantas Airways plunged up to 12% in intraday deals on Monday, March 2, as the war between the US and Iran inflicted adouble-whammy for aviation companies. AirAsia X emerging as the worst performer. The stock lost over 12%. Meanwhile, Qantas share price lost 10.4% to hit the lowest level in 10 months, before paring some losses to trade down about 6%. The fall came even as Qantas does not fly to the Middle East and instead relies on a codeshare partnership with Dubai's Emirates, the Reuters report added.

Sensex Today | Stock Market LIVE Updates: Larsen & Toubro (L&T) has a significant exposure to the West Asian region. According to reports, the company's international revenues contributed 54% of total revenues in Q3FY26. Over the last few years, the company has seen a significant volume of large-value contracts in the Middle East.

TCS has a significant exposure to the MEA (Middle East and North Africa) region. In Q3FY26, its revenue from the region rose by 8.3% year-on-year and contributed significantly to the overall revenue growth, which saw declines in key markets like India and the UK.

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Sensex Today | Stock Market LIVE Updates: IT stocks crashed another 6% in intraday trading on Monday, March 2, amid the US-Iran war, extending the abysmal performance seen last month amid worries that artificial intelligence (AI) could disrupt the labour-intensive IT sector in India by streamlining project timelines and reducing order wins.

The Nifty IT index kicked off March with an over 2% cut to 29,889, nearing its 52-week low level of 29,875. Meanwhile, shares of several index heavyweights like Tata Consultancy Services (TCS), Infosys, HCL Technologies and Wipro shed between 1.5-3%.

Persistent Systems stock emerged as the worst performer, down 6%. Meanwhile, Coforge shares lost 4.8% to hit their one-year low today.

Sensex Today | Stock Market LIVE Updates: Shares of Tejas Networks, Paras Defence and Spaces, ideaForge Technology, Bharat Electronics (BEL), Hindustan Aeronautics (HAL) surged upto 15% on Monday, March 2 following heightened geopolitical tensions in West Asia, resulting in a full-scale war in the area.

According to experts, defence stocks typically respond favourably to such conflicts, as they lead to an increased need for defence equipment and the components necessary for their production.

Harshal Dasani, Business Head, INVasset PMS, explained that Defence stocks is witnessing renewed investor interest. Heightened geopolitical tensions increase the probability of higher global defence spending, faster procurement cycles, and policy prioritisation of indigenous manufacturing. India has already been on a structural defence push with rising budget allocations and a strong focus on domestic production. Any prolonged conflict globally tends to accelerate capital allocation toward security and strategic capability.

Sensex Today | Stock Market LIVE Updates: Indian aviation stocks have fallen today, March 2, mainly due to increasing geopolitical tensions in the Middle East impacting crude oil prices.

InterGlobe Aviation (IndiGo) shares has witnessed a fall by over 5%, while SpiceJet shares are down close to 4% in early trading as the ongoing conflict affects key transit points and raises worries about surging fuel costs.

The Iran-Israel conflict has resulted in the closure of significant airspaces in the Gulf region. Indian airlines, such as IndiGo, Air India, and SpiceJet, have cancelled more than 350 international flights as of yesterday, with additional disruptions and technical stops (for instance, in Rome for North American routes) continuing into today.

Sensex Today | Stock Market LIVE Updates: The shares of oil marketing companies (OMC) tanked on Monday as the Indian stock market crashed today as the ongoing war in the Middle East led to a sharp spike in crude oil prices.

Indian Oil Corporation (IOC) share price cracked as much as 5.03%, Hindustan Petroleum Corporation Ltd (HPCL) shares declined as much as 5.31% and Bharat Petroleum Corporation Ltd (BPCL) shares fell 6.09%. Reliance Industries share price declined over 3%.

On the contrary, shares of oil producers rallied. Oil and Natural Gas Corporation (ONGC) share price jumped 4.73%, and OIL India shares surged 4.43%.

Sensex Today | Stock Market LIVE Updates: ensex and Nifty pared some losses to trade around 1% at this hour.

The total market capitalisation of BSE-listed companies,currently, fell by ₹5 lakh crore, slipping to ₹458.60 lakh crore from ₹463.50 lakh crore in the previous session.

The Sensex opened 2743, or 3.34% lower at 78,543.73, but pared losses quickly. It traded 830 points, or 1.02%, down at 80,457 around 10 am. The NSE counterpart, the Nifty 50, crashed over 500 points, or more than 2%, to hit an intraday low of 24,645, but pared losses swiftly, trading 262 points, or 1.04% lower at 24,917 around 10 am.

Investors lost more than ₹8 lakh crore within the first few minutes of Monday's session as the overall market capitalisation of BSE-listed firms dropped to ₹455 lakh crore from ₹463.50 lakh crore in the previous session.

Stock Market Today LIVE: Sensex fell 1131.02 points or 1.39% to 80,156.17 in early deals while Nifty lost 303.55 points or 1.21% to 24,875.10.

Stock Market Today LIVE: Rupee weakens 27 paise at open against US dollar amid rising geopolitical tensions, at 91.25/$

Nifty 50 formed a long bearish candle on the daily chart. For the week, the index slumped 1.54%, with the negative formation on the weekly chart indicating signs of distribution at higher levels.

“A long bear candle has been formed on the daily chart that indicates a sharp breakdown of descending triangle type pattern. The crucial huge opening upside gap of 3rd February has almost been filled around 25,100 (left with small margin). This is not a good sign,” said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

According to him, the underlying trend of Nifty 50 is sharply down, and the overall negative chart pattern signals further downside to 24,700 levels in the near term. Immediate resistance is placed at 25,400.

Stock Market Today LIVE: Sensex has tested the 81,200–81,000 zone, with further downside risk if volatility persists.

“Immediate resistance is positioned at 82,000 – 82,500. While heavyweight participation offers some structural support, near-term caution prevails amid global uncertainties. The broader structure appears mildly negative with an indecisive undertone, favoring accumulation on weakness rather than aggressive positioning,” said Ponmudi R, CEO - Enrich Money.

Stock Market Today LIVE: Oil pared the biggest surge in four years, with the US-Israeli war against Iran plunging the global crude market into turmoil, and triggering in the effective closure of the critical Strait of Hormuz.

Global benchmark Brent was about 4.5% higher near $76 a barrel, after earlier rallying by as much as 13% to the highest since January 2025. Tanker traffic through the strait — the chokepoint off Iran’s coast that handles a fifth of the world’s oil and large volumes of gas — has largely halted, with a self-imposed pause in place by shipowners and traders as the conflict spreads. (Bloomberg)

Stock Market Today LIVE: Gold prices rose on Monday after the U.S. and Israel launched major strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei, escalating geopolitical tensions and deepening global economic uncertainty. Spot gold was up 1% at $5,329.39 an ounce, as of 0201 GMT, after hitting its highest point in more than four weeks. Earlier in the session, bullion prices climbed as much as 2%. U.S. gold futures rose 1.8% to $5,342.80 per ounce. (Source: Reuters)

US stock market ended lower on Friday, dragged down by financial and tech stocks, with all three major indexes posting steep weekly declines.

The Dow Jones Industrial Average plunged 521.28 points, or 1.05%, to 48,977.92, while the S&P 500 declined 29.98 points, or 0.43%, to 6,878.88. The Nasdaq Composite closed 210.17 points, or 0.92%, lower at 22,668.21.

US stock futures tumbled in overnight trading amid the Iran war. Dow Jones Industrial Average futures dropped 517 points, or 1%, while S&P 500 futures lost 1% and Nasdaq 100 futures declined over 1%.

On Friday, the Indian stock market crashed as the escalating US-Iran war weighed on investor sentiment amid the absence of a fresh domestic trigger. The Sensex cracked 961.42 points, or 1.17%, to close at 81,287.19, while the Nifty 50 settled 317.90 points, or 1.25%, lower at 25,178.65.

Investors got poorer by more than ₹5 lakh crore as the overall market capitalisation of BSE-listed firms dropped to ₹463 lakh crore from ₹468.5 lakh crore in the previous session.

Asian markets traded sharply lower as the war between Iran and the US-Israel escalated. Japan’s Nikkei 225 plunged almost 2%, and the Topix tumbled 2.1%. Hong Kong Hang Seng index futures indicated a lower opening. South Korea’s markets are closed for a public holiday. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2%.

The trends on Gift Nifty also signals a negative start for the benchmark indices, Nifty 50 and Sensex today. Gift Nifty was trading around 25,168 level, a discount of nearly 170 points from the Nifty futures’ previous close, indicating a gap-down start for the Indian stock market indices.

The Indian stock market is expected to open lower on Monday, amid the escalating war in the Middle East after the US and Israeli strikes on Iran killed Iran’s Supreme Leader Ayatollah Ali Khamenei. The trends on Gift Nifty also signals a negative start for the benchmark indices, Nifty 50 and Sensex today.