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Full issue · 2026-03-03

Market Pulse: 3 March 2026 - Pre-Market Update

Market Pulse - Tuesday, 3 March, 2026
Nifty 24,865.7 (-1.24%) • FII Sold ₹3,295.64 Cr
Market Pulse Tuesday, 3 March, 2026
Market Snapshot
📊
Nifty 50
24,865.7
-1.24%
📈
Sensex
80,238.85
-1.29%
🏦
Bank Nifty
59,839.65
-1.14%

Indian markets experienced a downturn as global geopolitical tensions weighed heavily on investor sentiment. The escalation between the US and Iran raised concerns over oil supply disruptions, leading to a spike in oil prices, which adversely affected oil-dependent sectors. Foreign Institutional Investors (FIIs) continued to offload holdings, contributing to the market decline. Despite Domestic Institutional Investors (DIIs) increasing their investments, the market breadth remained negative, reflecting underlying caution among participants.

The Big Story
📰 FEATURED

India rates to stay low for a long time, central bank governor tells Economic Times

BankingRealty

Favorable for interest-sensitive sectors; consider long-term investment strategies.

WHY IT MATTERS
Prolonged low rates could boost borrowing and investment activities.
Quick Takes
commodities • negative
Gas prices likely to rise 'very quickly' as oil surges
Expect pressure on oil-dependent sectors and potential inflationary impact.
Read full report →
global macro • negative
'Hitting Iran unapologetically': US says Operation Epic Fury 'laser-focused' as tensions escalate
Expect increased volatility in energy markets; monitor geopolitical developments closely.
Read full report →
india macro • negative
India's current account deficit widened in December quarter on large trade gap
Monitor rupee depreciation risks and potential RBI interventions.
Read full report →
commodities • negative
Oil soars as Mideast strikes stall Hormuz tanker traffic
Short-term pressure on oil-dependent stocks expected; monitor USD/INR levels.
Read full report →
india macro • positive
India to take steps to ensure local fuel supplies amid Mideast crisis
Positive for energy sector; reduces risk of supply disruptions.
Read full report →
global macro • negative
New Iranian strikes reported across region, including in Saudi Arabia, as US planes crash in Kuwait
Heightened geopolitical risk may pressure Indian equities; focus on defensive sectors.
Read full report →
FII / DII Activity
FII/FPI
Sold
₹3,295.64 Cr
DII
Bought
₹8,593.87 Cr

FIIs sold ₹3,295.64 Cr, DIIs bought ₹8,593.87 Cr. DIIs providing support against FII selling.

Market Breadth

Advances: 738 · Declines: 956 · A/D Ratio: 0.77

Mixed participation across market

Sector Performance
Metal
+0.2%
Pharma
+0.0%
FMCG
-0.8%
IT
-1.1%
Fin Services
-1.1%
Bank
-1.1%
Energy
-1.6%
Realty
-1.6%
Media
-1.8%
PSU Bank
-1.8%
Auto
-2.2%
Infra
-2.2%

Metal, Pharma led gains while Auto, Infra underperformed. Mixed sector performance today.

Top Gainers / Losers
Top Gainers
Bharat Elec +2.08%
Hindalco +1.65%
Sun Pharma +0.89%
Top Losers
Railtel -6.41%
Interglobe Avi -6.36%
Redington -6.28%
Technical Levels
Nifty 50
Support 24,846 / 24,826
Resistance 25,181 / 25,496
Bank Nifty
Support 59,824
Resistance 60,471

Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term momentum is weak.

Global Cues

 |  S&P Futures: -0.59%

US futures negative (S&P -0.59%).

Commodities & Forex
Gold
₹1,66,199
+2.53%
Silver
₹2,80,090
-0.90%
USD/INR
Rs 91.63/USD
+0.10%
Macro / Economic Events
📌 1 earnings results expected
📌 US Fed Interest Rate Decision
Looking Ahead
👀 US Fed Interest Rate Decision
Corporate Actions
ITC
Coal Prices Jump as Qatar LNG Halt Boosts Fuel-Switching Needs
Earnings Calendar
SGL Resources
3 Mar

DISCLAIMER

This newsletter is for informational and educational purposes only. It is not investment advice. Markets are subject to risks, and past performance is not indicative of future results. Consult a registered financial advisor before making investment decisions. We are not registered investment advisors with SEBI or any other regulatory body.

AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.

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