Sensex, Nifty dive over 1% on West Asia conflict, boiling crude oil prices

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Image utilized  for representational intent  only.

Image utilized for representational intent only. | Photo Credit: Getty Images/iStockphoto

Stock marketplace benchmark indices Sensex and Nifty tumbled implicit 1% connected Friday (March 6, 2026) aft a day's breather arsenic the struggle successful the West Asia entered its seventh day, driving crude lipid prices higher.

Weakness successful the U.S. equities, subdued inclination successful European markets and relentless overseas money outflows besides dampened sentiments.

The 30-share BSE Sensex tumbled 1,097 points, oregon 1.37%, to settee astatine 78,918.90. During the day, it sank 1,203.72 points, oregon 1.50%, to 78,812.18.

The 50-share NSE Nifty dropped 315.45 points, oregon 1.27%, to extremity astatine 24,450.45.

From the Sensex pack, Eternal, ICICI Bank, Axis Bank, UltraTech Cement, HDFC Bank, State Bank of India, Bajaj Finserv, and Larsen & Toubro were among the large laggards.

Bharat Electronics, Reliance Industries, Sun Pharma, NTPC, Infosys, and HCL Tech were the gainers.

Brent crude, the planetary lipid benchmark, jumped 2.53% to $87.57 per barrel.

"Indian equity markets extended their diminution pursuing the anterior session's alleviation rally, arsenic escalating U.S.-Iran tensions disrupted cardinal West Asian lipid and state supplies, driving crude prices higher. A sustained emergence successful lipid prices could measurement connected capitalist sentiment and adversely impact India’s duplicate deficits, ostentation trajectory, and the RBI's monetary stance," Vinod Nair, Head of Research, Geojit Investments Ltd, said.

In Asian markets, South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite scale and Hong Kong's Hang Seng scale ended higher.

Markets successful Europe were trading successful antagonistic territory.

The U.S. marketplace ended little connected Thursday.

Foreign Institutional Investors (FIIs) offloaded equities worthy ₹3,752.52 crore connected Thursday (March 5, 2026), portion Domestic Institutional Investors (DIIs) bought stocks worthy ₹5,153.37 crore, according to speech data.

On Thursday (March 5, 2026), the Sensex rebounded 899.71 points, oregon 1.14%, to settee astatine 80,015.90, snapping its four-day decline. The Nifty climbed 285.40 points, oregon 1.17%, to extremity astatine 24,765.90, ending its three-day falling streak.

Published - March 06, 2026 04:24 p.m. IST

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