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Nifty's March 2 Trade Setup: Preparing for Monday's Market Impact After US-Israel Attack on Iran
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Nifty Braces for Monday Chaos: US, Israel Attack Iran Sparks Market Fears
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CNBC TV18
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01-03-2026, 09:27
Nifty Braces for Monday Chaos: US, Israel Attack Iran Sparks Market Fears
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Nifty slumped to 25,150 on Friday, signaling market anticipation of weekend events.
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Global markets, including US futures and Asian equities, will react to US-Israel attack on Iran on Monday.
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Crude oil, Gold, US Dollar, and Yen movements will be keenly monitored; oil prices could hit $100/barrel.
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Indian companies with Middle East exposure (L&T, Kalyan Jewellers) face ramifications from Iran's retaliation.
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Nifty below 200-DMA, with potential downside to 25,000, 24,919, and 24,571; Nifty Bank also at critical support.
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