Markets

Sensex plunges 2,743 points: Indian markets face ‘black Monday’ amid Middle East war

March 2, 2026

Indian stock markets experienced a significant downturn on Monday, with the BSE Sensex plunging 2,743 points (3.37%) and the Nifty 50 dropping 533 points (2.11%) due to escalating military conflict in the Middle East following the death of Iranian Supreme Leader Ayatollah Ali Khamenei. This market collapse was exacerbated by surging crude oil prices and heightened investor uncertainty, affecting all sectors negatively.

Sensex plunges 2,743 points: Indian markets face ‘black Monday’ amid Middle East war

Credit: Mathrubhumi

Key Highlights

BSE Sensex fell by 2,743.46 points to 78,543.73.
Nifty 50 index dropped 533.55 points to 24,645.10.
Market decline triggered by the death of Iran's Supreme Leader in a U. S.-Israeli airstrike.
Crude oil prices surged, impacting various industries and causing market volatility.
All sectoral indices on the NSE reported losses, with Oil & Gas being the worst affected.

Business Explained India

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Sensex plunges 2,743 points: Indian markets face ‘black Monday’ amid Middle East war

Key Highlights

Sources

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