Hello and welcome to NDTV Profit's live coverage of equity markets today!
India's benchmark equity indices tumbled at open as the Middle East crisis pushed investors out of risk assets and seek shelter in gold. The Nifty opened 520 points or 2% lower at 24,659 and Sensex dropped 2,740 points or 3.4% to 78,543.
Rupee is under pressure as higher oil prices and export hit to the Gulf weighs.
Asian shares fell 1.2%, while equity-index futures for US benchmarks dropped 0.6%, recovering from earlier session lows.
Brent surged as much as 13% — before paring gains — as the conflict plunged the global crude market into turmoil, with the effective closure of the Strait of Hormuz. Gold rose to trade around $5,325 an ounce, off the session highs.
Stock Market News Today Live: Volatility At Nine Month High
>>
Stock Market Live Updates: Indian Oil, BPCL, HPCL Shares Down
>>
Stock Market News Live Updates: Shree Ram IPO Lists At Sharp Discount
Sharses of Shree Ram Twistex listed at a sharp 33% discount to the IPO price on Monday.
The scrip opened at Rs 68, compared to the issue price of Rs 104.
Stock Market News Live Updates: Clean Max Enviro IPO Lists At Discount
>>
Stock Market News Live Updates: Infosys, TCS, Coforge Among 10 Stocks Seeing Target Cuts By Citi
Citi Research has lowered target prices across its India IT coverage by 14-29%, citing changes in valuation multiples and terminal growth assumptions, while maintaining a cautious stance on the sector. The brokerage cut its target price on Infosys to Rs 1,440 from Rs 1,700. TCS saw its target reduced to Rs 2,500 from Rs 3,020, while HCL Technologies was lowered to Rs 1,460 from Rs 1,700.
Stock Market News Live Updates: Reasons Behind Monday Mayhem
L&T Share Price Today: Why Is Larsen Stock Down
Shares of Larsen & Toubro fell as much as 3% during early trade, becoming the top drag on the benchmark Nifty 50. The stock is under pressure due to the Middle East conflict. Iran has attacked Gulf neighbours Qatar, UAE and Kuwait after US and Israeli strikes. The Gulf is a major source of deal wins and existing project pipeline for L&T. The company has been securing large orders for construction and engineering projects in the GCC countries. Instability in such a key market can dampen income.
_02_March_26.png)
IndiGo Share Price Today: Stock Down 6.8%
Shares of InterGlobe Aviation, parent of IndiGo airlines, tanked nearly 7% during early trade as the Middle East conflict trigerred flight cancellations and airspace closure.
Stock Market Live Updates: Nifty Below 25,000, Sensex Tumbles 1,000 Points;
India's benchmark equity indices tumbled at open as the Middle East crisis pushed investors out of risk assets and seek shelter in gold.
The Nifty opened 520 points or 2% lower at 24,659 and Sensex dropped 2,740 points or 3.4% to 78,543.
_02_March_26.png)
_02_March_26.png)
_02_March_26.png)
_02_March_26.png)
Stock Market News Live Updates: Bajaj Auto Monthly Sales Data
Bajaj Auto February Sales (Change In % YoY) - Total Sales up 27% At 4.48 Lk Units YoY
- Exports up 28% At 2.16 Lk Units YoY
- Domestic Sales up 27% At 2.33 Lk Units YoY
- CV Sales up 30% At 68,338 Units YoY
- 2-Wheeler Sales up 27% At 3.8 Lk Units YoY
Bond Market Live: Yield Rises
The yield on the 10-year government bond opened 3 basis points higher at 6.69%
Rupee Vs Dollar: INR Opens Weaker
The rupee opened 27 paise lower at 91.25 to the dollar. The dollar index, which tracks the index against a basket of major currencies, surged 0.3% amid Middle East crisis.
Oil prices jumped over 13% to above $80 per barrel. Higher oil prices is a negative factor that weighs on the INR.
Nifty Today Live: Index Plunges 1,000 Points At Pre-Open
The Nifty 50 plunged 1,000 points to at pre-open session. The immediate support for the index is pegged at 24,900.
Stock Market News Live Updates: Ashok Leyland Monthly Auto Sales
Ashok Leyland February Sales Date (Change in % YoY) - Total Sales up 24% At 22,157 Units
- Total M&HCV Sales up 28 % At 14,755 Units
- Domestic Sales up 28 % At 20,314 Units
Stock Market News Live: Risk Aversion Setting In
David Roche, strategist at Quantum Strategy, told NDTV Profit that the risk premium for equities has increased amid the Middle East conflict. He said oil prices may spike before eventually settling at a more rational level.
According to him, structural damage in Iran could persist for 8 to 24 months. Roche added that the impact of these developments on market fundamentals has not yet been fully seen. He also expects oil prices to rise by 10–20% due to supply constraints.
Stock Market Today Live: Time To Rebalance Portfolio? Here's Quantum's Strategy
At a time when geopolitical tensions have escalated thanks to the US-Iran conflict, investment research firm Quantum Strategy is adjusting its portfolio and has given a detailed note on how the firm is recalibrating its portfolio in the wake of recent global events.
In its latest note, Quantum Strategy has forecasted substantial disruptions to global supplies and a prolonged war. As such, the firm is reinstating its position on Brent Crude while increasing its allocation to gold and other hard assets by 10%. Quantum is particularly avoiding the US dollar as a safe haven, instead opting for the Australian and Singaporean dollars.
Nifty Today Live Updates: 24,900 Level To Watch
According to market expert Kush Bohra, the Nifty 50's immediate support lies at 24,900 and positional support at 24,600.
GIFT Nifty Live Updates: Check Support Levels
Gift Nifty is indicating a negative start, with Nifty likely to open near 25,100, down close to 100 points. The index continues to trade within a downward-sloping channel, reflecting persistent selling pressure in recent sessions.
The 25,100 level is now a critical lower boundary. A sustained move below this zone could trigger a technical sell-off toward the 24,700 levels. On the upside, resistance is placed at 25,350–25,400, while immediate support lies in the 25,100–24,950 band.
Read the full trade setup for today:
Oil Prices Today Live: Brent, WTI Crude Jumps Most In Many Years
Oil prices surged the most in four years after escalating conflict involving Iran disrupted tanker traffic through the Strait of Hormuz, a critical chokepoint for global energy supplies. Brent crude jumped as much as 13% to trade above $82 a barrel — its highest level since January 2025 — while West Texas Intermediate hovered near $72. The sharp move followed an effective halt in tanker flows through the strait, as shipowners and traders imposed a self-directed pause amid widening hostilities.
Stock Market News Live Updates: Nikkei, Hang Seng, Kospi Down
Asian shares tumbled on Monday, with Hong Kong and Japanese benchmarks dropping the most amid the conflict in the Middle East, prompting investors to trim risk exposure and seek haven assets.
- Nikkei down 1.4%
- Hang Seng down 1.9%
- Kospi down 1%
- ASX 200 down 0.5%
- CSI 300 down 0.3%
Stock Market News Live Updates: GIFT Nifty Down 150 Points
The GIFT Nifty, the futures contract based on the Nifty 50, tanked 170 points to 25,200 as of 7:30 a.m., indicating a gap down open for the benchmark index.