Share Market Plunge: Sensex Drops 500 Points, Nifty Nears 24,600 – Reasons for Today's Collapse

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Sensex Plunges 500 Points, Nifty Nears 24,600 Amid Global Market Caution

Sensex Plunges 500 Points, Nifty Nears 24,600 Amid Global Market Caution

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News18•06-03-2026, 09:56

Sensex Plunges 500 Points, Nifty Nears 24,600 Amid Global Market Caution

•Sensex dropped 542 points to 79,472, and Nifty fell 169 points to 24,607 at market opening on March 6.
•Global market caution, US stock market decline, and rising oil prices due to Middle East conflict fueled inflation concerns.
•Asian markets traded weakly, heading for their biggest weekly decline in six years amid prolonged geopolitical tensions.
•Morgan Stanley adopted a cautious stance on Asian markets, reducing India exposure due to potential Iran conflict supply chain disruptions.
•Bharat Electronics, Infosys were top gainers; InterGlobe Aviation, ICICI Bank, Tata Steel among top losers.

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