Sensex, Nifty tumble over 2% in early trade as West Asia crisis escalates
The Hindu
Sensex and Nifty plunge over 2% as West Asia crisis escalates, impacting investor sentiment and driving oil prices higher.
Benchmark equity indices Sensex and Nifty tumbled in early trade on Wednesday (March 4, 2026), tracking a bearish trend in Asian markets, as the conflict in West Asia widened, driving oil prices higher.
The 30-share BSE Sensex crashed 1,758.22 points or 2.19% to 78,480.63 in early trade as the conflict continued to dent investors' sentiment. The 50-share NSE Nifty tanked 530.85 points or 2.13% to 24,334.85.
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From the Sensex pack, Larsen & Toubro, Tata Steel, InterGlobe Aviation, UltraTech Cement, Adani Ports and Mahindra & Mahindra were among the biggest laggards.
Infosys, HCL Tech and Tata Consultancy Services were the gainers.
Brent crude, the global oil benchmark, climbed 0.87% to $82.11 per barrel.
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