Stock Market Plunges: Sensex Drops 1,097 Points, Nifty Falls to 24,450 as Bears Dominate

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Bears Dominate: Sensex Plunges 1,097 Pts, Nifty Dips to 24,450 Amid Selling Spree

Market Today

M

Moneycontrol•06-03-2026, 16:14

Bears Dominate: Sensex Plunges 1,097 Pts, Nifty Dips to 24,450 Amid Selling Spree

•Indian benchmark indices, Sensex and Nifty, tumbled over 1% on March 6, with Nifty closing at 24,450.
•The decline was driven by widespread selling pressure, particularly in financial and realty stocks, and rising oil prices due to US-Iran conflict.
•For the week, both Sensex and Nifty recorded a nearly 3% fall.
•ICICI Bank, Shriram Finance, Axis Bank were top Nifty losers, while Reliance Industries, NTPC, ONGC saw gains.
•Experts warn of continued bearishness, with Nifty potentially dropping to 24,000, advising a cautious, selective investment approach.

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Sensex falls over 540 points, Nifty below 23,500 in early trade as banking, IT stocks decline. File image

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Representational image (Image: News18)

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