| Market Pulse |
Monday, 2 March, 2026 |
|
|
Market Snapshot
|
📊
Nifty 50
25,178.65
-1.25%
|
📈
Sensex
81,287.19
-1.17%
|
🏦
Bank Nifty
60,529
-1.08%
|
Indian markets faced significant pressure today, with the Nifty 50 and Sensex both declining over 1%. This downturn was largely driven by escalating geopolitical tensions in the Middle East, which pushed oil prices above $80, raising concerns about import costs and inflation. The stronger US dollar, prompted by these tensions, further strained the market by potentially leading to foreign investor outflows. Despite India's robust GDP growth of 7.8% in the last quarter, the market's focus was on immediate global risks affecting energy and financial stability.
|
|
|
The Big Story
|
📰 FEATURED
India logs 7.8 percent quarterly growth after data overhaul
BankingITFMCGInfra
|
|
Consider increasing exposure to sectors benefiting from economic growth.
WHY IT MATTERS
Strong GDP growth signals robust economic health, boosting investor confidence.
|
|
|
|
Quick Takes
|
commodities • negative
|
|
Oil prices surge, cross $80 after US-Iran attack disrupts Middle East
|
|
Short-term pressure on oil-dependent stocks expected; monitor USD/INR levels.
|
|
Read full report →
|
|
|
|
india macro • negative
|
|
Hormuz shutdown shows why India’s energy security depends on supply diversification
|
|
Energy sector may face increased costs; diversification strategies crucial.
|
|
Read full report →
|
|
|
|
global macro • negative
|
|
Middle East tensions leave world divided: Who backs Iran, who backs Israel and what is India's stance
|
|
Monitor energy stocks and potential rupee volatility due to geopolitical risks.
|
|
Read full report →
|
|
|
|
india macro • positive
|
|
India's GDP growth estimated at 7.8% in Oct-Dec following data revamp
|
|
Expect positive sentiment in sectors tied to economic growth.
|
|
Read full report →
|
|
|
|
global macro • negative
|
|
Dollar surges as traders brace for war impact
|
|
Watch for currency volatility impacting FII flows and IT sector earnings.
|
|
Read full report →
|
|
|
|
markets • negative
|
|
Trade setup for March 2 after intensified US-Iran tensions: Top 15 things to know before the opening bell
|
|
Expect heightened volatility; focus on defensive sectors.
|
|
Read full report →
|
|
|
|
|
|
FII / DII Activity
|
FII/FPI
Sold
₹7,536.36 Cr
|
DII
Bought
₹12,292.81 Cr
|
FIIs sold ₹7,536.36 Cr, DIIs bought ₹12,292.81 Cr. DIIs providing support against FII selling.
|
|
|
Market Breadth
Advances: 704 ·
Declines: 986 ·
A/D Ratio: 0.71
Mixed participation across market
|
|
|
Sector Performance
|
Media
+0.6%
|
IT
+0.2%
|
Energy
-0.4%
|
|
PSU Bank
-0.6%
|
Bank
-1.1%
|
Infra
-1.2%
|
|
Pharma
-1.5%
|
Fin Services
-1.6%
|
Metal
-1.7%
|
|
FMCG
-1.7%
|
Auto
-1.9%
|
Realty
-2.3%
|
Media, IT led gains while Auto, Realty underperformed. Defensive sectors outperforming suggests risk-off sentiment.
|
|
|
Technical Levels
|
Nifty 50
| Support |
25,195 / 25,212 |
| Resistance |
25,367 / 25,556 |
|
|
Bank Nifty
| Support |
60,467 |
| Resistance |
60,938 |
|
Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term momentum is weak.
|
|
|
Global Cues
| S&P Futures: -0.66%
US futures negative (S&P -0.66%).
|
|
|
Commodities & Forex
|
Gold
₹1,61,971
-0.08%
|
Silver
₹2,81,990
-0.23%
|
USD/INR
Rs 91.19/USD
+0.18%
|
|
|
|
Macro / Economic Events
| 📌 |
1 earnings results expected |
|
|
| 📌 |
US Fed Interest Rate Decision |
|
|
|
|
|
Looking Ahead
| 👀 |
US Fed Interest Rate Decision |
|
|
|
|
Corporate Actions
|
ITC
Accord Transformer and Switchgear shares to debut today. Here's what GMP indicates
|
|
|
|
|
Earnings Calendar
|
DCM Shriram Fine Chemicals
2 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.
Market Pulse
Daily market intelligence, delivered.
newsletter.harinext.com ·
Privacy Policy ·
Unsubscribe
|