Bears Dominate: Sensex Plunges 1,097 Pts, Nifty Dips to 24,450 Amid Selling Spree

• Indian benchmark indices, Sensex and Nifty, tumbled over 1% on March 6, with Nifty closing at 24,450.
• The decline was driven by widespread selling pressure, particularly in financial and realty stocks, and rising oil prices due to US-Iran conflict.
• For the week, both Sensex and Nifty recorded a nearly 3% fall.
• ICICI Bank, Shriram Finance, Axis Bank were top Nifty losers, while Reliance Industries, NTPC, ONGC saw gains.
• Experts warn of continued bearishness, with Nifty potentially dropping to 24,000, advising a cautious, selective investment approach.