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The Indian rupee fell sharply on March 4 and hit a record low of ₹92.16 against the US dollar due to rising crude oil prices and global market fears after the Iran crisis. A stronger dollar, heavy selling in Indian markets and foreign fund withdrawals also put pressure on the currency, weakening it further.
A stock market crash in South Korea shows deeper risks tied to energy supply through the Strait of Hormuz, a key oil route threatened by the Iran–U.S.–Israel conflict. Because South Korea’s chip factories and global AI production rely on imported energy, higher fuel costs and supply fears are adding stress to markets beyond just Korea.
On March 4, 2026, Indian stock markets fell for the third day, as US-Iran tensions worried traders. The Sensex dropped 1,123 points to 79,116, its 10-month low, and Nifty50 fell 385 points to 24,481, a six-month low. MidCap and SmallCap stocks fell over 2%, while only the IT sector ended higher among all sectors.
At 2:30 PM IST, the BSE Sensex plunged 973 points (-1.21%) to 79,264.88, while the NSE Nifty-50 fell 341 points (-1.37%) to 24,525.60 as geopolitical tensions surged. The rupee was trading at ₹92.36 per US dollar. Conflict in the Middle East intensified after Iran launched new missile strikes, and Israel reported hitting key targets in […]
Indian stock markets tumbled today as escalating US-Iran tensions and rising oil prices spooked investors. The Sensex fell 1,710 points to 78,528, while the Nifty dropped 477 points to 24,389. Midcap and smallcap indices also opened lower. Market breadth was weak, with 2,211 stocks declining against 261 gainers, reflecting widespread selling pressure.
U.S. stock markets tumbled sharply as the intensifying Israel‑Iran war spurred a global sell‑off and raised fears of inflation and economic disruption. After 20 minutes of trading, the S&P 500, Nasdaq and Dow Jones all dropped around 2 % as oil prices surged and investors fled risky assets, highlighting growing volatility linked to geopolitical tensions.
The Airports Authority of India (AAI) has instructed all international airport operators in the country to submit details on current fuel stocks, average daily consumption and estimated requirements for the next week amid the escalating Middle East crisis, which threatens global oil supplies. The precautionary move aims to track aviation fuel status and ensure preparedness.
Amid the escalating conflict involving Iran, Israel and the US, the Indian government says crude oil stocks can cover about 25 days of consumption, keeping fuel supplies manageable for now. Officials stress monitoring and steps to ensure fuel availability. However, market volatility and oil price surges driven by war could still pose risks to India’s […]
The Bombay Stock Exchange and National Stock Exchange will remain closed today in observance of Holi. Upcoming market holidays include Shri Ram Navami on March 26 and Shri Mahavir Jayanti on March 31. Similarly, the National Commodity & Derivatives Exchange will suspend trading for both sessions, affecting equity and commodity markets nationwide.
Indian stock markets, including the National Stock Exchange and BSE Limited, will remain closed on March 3, 2026, for Holi, despite celebrations varying regionally. Trading across equity, derivatives and currency segments will be suspended. Markets will also shut on March 26 and 31. In total, 15 holidays are scheduled for 2026.
Indian markets plunged on March 2 as US-Iran war tensions rattled investors. The Sensex sank 1,048 points to 80,238.85, a six-month low, while the Nifty fell 313 points to 24,865.70. Auto, oil and gas stocks led losses. Volatility spiked sharply, and broader indices declined, though metal stocks managed modest gains.
Amazon will waive referral fees on products priced under ₹1,000 in India starting March 16, building on last year’s zero-fee policy. This initiative aims to attract more sellers in response to competition from Flipkart and Reliance Industries. Additionally, Amazon plans significant investments to enhance and support small business growth.
The Sensex and Nifty opened at fresh record levels in early trade on Monday, March 2, 2025. The Sensex started trading today at 80441.54, down at 845.65 points or 1.04%, and the Nifty was at 24925.45, down at 253.20 points or 1.01%. Meanwhile, the Indian rupee was trading today at 91.37 against the dollar.
➢Independence Movement Day in South Korea, ➢World Civil Defence Day, ➢1901: Birth of Nallapati Venkataramaiah, the first Speaker of the AP Assembly, ➢1918: Birth of Telugu theatre actress Aveti Poornima, ➢1951: Birth of Bihar CM Nitish Kumar, ➢1986: Birthday of Telugu singer Karunya, and ➢1997: Death of freedom fighter Yelamanchili Venkatappaiah
Here are the prices of CNG cylinders per kg today in the top cities in India. ★New Delhi: ₹77.09, ★Rewari: ₹82.70, ★Sonipat: ₹86.60, ★Bangalore: ₹90.00, ★Bharatpur: ₹92.50, ★Dewas: ₹96.00, ★Firozabad: ₹93.85, ★HYD: ₹96, ★Mathura: ₹93.85, ★Meerut: ₹86.05, ★Mumbai: ₹77, ★NCR: ₹77.09, ★Vijayawada: ₹89, ★Ranchi: ₹87.15, and ★Thiruvananthapuram: ₹88.