Global Cues Signal Negative Start for Indian Markets Today

• Indian equity benchmarks Sensex and Nifty likely to open lower today, March 2, following losses in GIFT Nifty.
• GIFT Nifty trading lower at around 25,232, indicating a weak start for Indian markets.
• Asian markets tumbled due to escalating conflict between Iran and U.S.-Israel after the death of Ayatollah Ali Khamenei, raising concerns over energy supplies.
• US stocks suffered largest monthly percentage declines in a year, with financial and tech stocks hit hard.
• Oil prices surged, gold rose, and the dollar jumped as investors sought safety amid rising geopolitical tensions in the Middle East.