NIFTY50 Slides Below 24,850, SENSEX Tanks Over 1,100 Points as US-Israel Strikes on Iran Intensify

We begin with a tough day for Indian markets. On March 2, 2026, the NIFTY50 dipped below the 24,850 level, and the SENSEX plunged sharply amid rising geopolitical tensions. Traders woke up to heavy losses as fear spread through global financial markets. At the heart of the sell‑off was the weekend escalation of conflict involving the US and Israel striking Iran, prompting a risk‑off mood among investors. The market teetered as crude oil prices surged and uncertainty grew about future economic conditions.