Sensex-Nifty open red, skids over 2,500 points amid Iran crisis; what it means for retail investors?

Mar 02, 2026

Mumbai (Maharashtra) March 02, 2026 (ANI): India’s benchmark indices — the BSE Sensex and Nifty 50 — opened sharply lower on Monday, March 02, amid escalating tensions between Iran and Israel. The BSE Sensex opened at 78,543, down 2,743 points from its previous close, while the Nifty-50 opened at 24,659, slipping nearly 519 points in early trade as global markets reacted to geopolitical uncertainty. Market expert Sunil Shah said that uncertainty over the duration of the crisis triggered negative reactions worldwide. He warned that if crude oil prices surge further, India may face a significant economic impact.