| Market Pulse |
Wednesday, 4 March, 2026 |
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Market Snapshot
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📊
Nifty 50
24,865.7
-1.24%
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📈
Sensex
80,238.85
-1.29%
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🏦
Bank Nifty
59,839.65
-1.14%
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The Indian stock markets experienced a downturn today, with the Nifty 50 and Sensex declining by over 1%, driven by escalating geopolitical tensions in the Middle East. The ongoing US-Iran conflict has led to a surge in crude oil prices, raising concerns about India's current account deficit and inflationary pressures. This has particularly affected sectors reliant on energy imports, such as Energy and Banking. Global market volatility, reflected in the decline of US futures, has also spurred foreign institutional investors to pull back, exerting additional downward pressure on Indian equities.
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The Big Story
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📰 FEATURED
India faces current account, inflation risks as global brokerages assess impact of US–Israel–Iran conflict
BankingEnergyFMCG
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Prepare for macroeconomic headwinds impacting multiple sectors.
WHY IT MATTERS
Rising oil prices and geopolitical tensions could exacerbate India's current account deficit and inflation.
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Quick Takes
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global macro • negative
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Dow, S&P 500, Nasdaq futures slide as Iran war volatility continues
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Prepare for heightened volatility in Indian markets due to geopolitical tensions.
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Read full report →
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commodities • negative
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Iran War Live: Supply shock? GujGas cuts industrial gas allocation by 50%, reports CNBC-TV18
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Expect industrial sector pressure from energy supply constraints.
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Read full report →
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global macro • negative
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Stocks Retreat as the US Attacks Iran
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Heightened geopolitical risk may lead to increased volatility in energy and financial sectors.
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Read full report →
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commodities • negative
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JPMorgan: Oil Prices Could Hit $120 Per Barrel
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Prepare for volatility in oil-dependent sectors; monitor inflationary pressures.
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Read full report →
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commodities • negative
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Gas prices nearly double as Europe braces for Iran war energy shocks
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Expect pressure on oil-dependent sectors and potential inflationary impacts.
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Read full report →
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commodities • negative
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Oil surges, and this conflict 'may be different'
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Short-term pressure on oil-dependent stocks expected; monitors USD/INR levels.
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Read full report →
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FII / DII Activity
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FII/FPI
Sold
₹3,295.64 Cr
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DII
Bought
₹8,593.87 Cr
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FIIs sold ₹3,295.64 Cr, DIIs bought ₹8,593.87 Cr. DIIs providing support against FII selling.
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Market Breadth
Advances: 783 ·
Declines: 915 ·
A/D Ratio: 0.86
Selective selling - index down but many stocks up
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Sector Performance
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Metal
+0.2%
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Pharma
+0.0%
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FMCG
-0.8%
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IT
-1.1%
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Fin Services
-1.1%
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Bank
-1.1%
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Energy
-1.6%
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Realty
-1.6%
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Media
-1.8%
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PSU Bank
-1.8%
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Auto
-2.2%
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Infra
-2.2%
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Metal, Pharma led gains while Auto, Infra underperformed. Mixed sector performance today.
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Technical Levels
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Nifty 50
| Support |
24,846 / 24,826 |
| Resistance |
25,181 / 25,496 |
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Bank Nifty
| Support |
59,824 |
| Resistance |
60,471 |
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Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term momentum is weak.
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Global Cues
| S&P Futures: -1.40%
US futures negative (S&P -1.40%).
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Commodities & Forex
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Gold
₹1,61,102
-2.99%
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Silver
₹2,65,942
+0.24%
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USD/INR
Rs 92.08/USD
+0.07%
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Macro / Economic Events
| 📌 |
US Fed Interest Rate Decision |
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Looking Ahead
| 👀 |
US Fed Interest Rate Decision |
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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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