March 2, 2026 9:50 AM

Equities skid on Iran-Israel escalation; Sensex drops 2,700 pts, Nifty below 24,700

Domestic equity markets opened sharply lower on Monday amid rising tensions and military escalations in the Middle East, dampening investor sentiment. The Nifty 50 index opened at 24,659.25, down 519.40 points or 2.06 per cent. The BSE Sensex fell 2,775.14 points or 3.41 per cent to open at 78,512.05, reflecting heightened nervousness across equities. Market expert Ajay Bagga said that global markets are grappling with uncertainty. “Markets are searching for some moorings in a deeply uncert...