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US-Iran Tensions Cause Market Turmoil: Sensex Plunges Over 1,000 Points, Nifty Dips Below 24,900
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Sensex Plunges 1,000+ Points Amid US-Iran Tensions; Nifty Dips Below 24,900
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CNBC TV18
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02-03-2026, 15:58
Sensex Plunges 1,000+ Points Amid US-Iran Tensions; Nifty Dips Below 24,900
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Indian equities closed sharply lower due to escalating US-Iran tensions, impacting investor sentiment.
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Sensex fell 1,048 points to 80,234, and Nifty declined 313 points, settling at 24,866.
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Market volatility surged nearly 25%, with Nifty rebounding over 250 points from its low.
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Market breadth was negative, with 42 of 50 Nifty stocks and 28 of 30 Sensex stocks closing in red.
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Stocks with West Asia exposure like L&T, RR Kabel, and Kalyan Jewellers faced pressure.
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