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Sensex Today: Market Sees Dramatic 20-Minute Rebound Amidst US-Iran Tensions, Yet Closes Under Pressure
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Stock Market Rollercoaster: Sensex Plunges 1000 Points, Recovers Briefly, Closes Down
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CNBC Awaaz
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02-03-2026, 15:51
Stock Market Rollercoaster: Sensex Plunges 1000 Points, Recovers Briefly, Closes Down
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Stock market experienced extreme volatility due to US-Iran tensions, with Sensex falling over 1000 points.
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Nifty dipped below 24,900 but saw a sudden 250-point recovery within 20 minutes, fueled by short covering.
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Despite the brief rebound, selling pressure returned, leading Sensex to close down 1,048 points at 80,234.
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Most sectors, except Defense, Metal, and Healthcare, ended in the red, with West Asia-linked companies under pressure.
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L&T, KRBL, LT Foods, and Mahindra & Mahindra were among the significant losers due to various factors.
Read Full Article on Cnbc in Hindi
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