Gift Nifty Plunges 730 Points Amid Global Market Sell-off: What's Today's Outlook?

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GIFT Nifty Plummets 730 Points Amid Global Market Crash, Oil Surge & US-Iran Conflict

GIFT Nifty Plummets 730 Points Amid Global Market Crash, Oil Surge & US-Iran Conflict

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News18•09-03-2026, 07:57

GIFT Nifty Plummets 730 Points Amid Global Market Crash, Oil Surge & US-Iran Conflict

•GIFT Nifty drops 737 points (3.01%) to 23807, signaling a major impact on Indian markets today.
•Global markets plunge: Japan's Nikkei down 6.22%, Korea's Kospi 6.68%, and US indices also fell significantly.
•Crude oil prices surge (Brent $109.19, WTI $109.18), highest since July 2022, due to Iran-Israel conflict and supply disruption fears.
•FIIs pulled funds on Friday, causing Sensex to drop 1097 points and Nifty 315 points; US job losses indicate a weakening global economy.
•Market sentiment is negative; investors advised caution amid escalating war, rising oil prices, and inflation risks for India.

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