Benchmark equity indices Sensex and Nifty fell in early trade on Wednesday (March 4, 2026), tracking a bearish trend in Asian markets as conflict in West Asia escalated, pushing oil prices higher. The 30-share BSE Sensex fell 1,758.

22 points or 2. 19% to 78,480. 63 in early trade as the conflict hit investor sentiment.

The 50-share NSE Nifty fell 530. 85 points or 2. 13% to 24,334.

85. Iran-Israel war LIVE From the Sensex pack, Larsen & Toubro, Tata Steel, Interglobe Aviation, UltraTech Cement, Adani Ports and Mahindra & Mahindra were the biggest laggards.

Infosys, HCL Tech and Tata Consultancy Services were among the gainers. Global oil benchmark Brent crude rose 0. 87% to $82.

11 a barrel. Asian markets were trading with heavy losses.

South Korea’s Kospi fell more than 10%. Japan’s Nikkei 225, Shanghai’s SSE Composite Index and Hong Kong’s Hang Seng Index were also down.

The US market ended in negative territory on Tuesday (March 3, 2026). The conflict in West Asia has intensified as Iran continues attacks on several Gulf countries in response to Israel and the US’s joint attack against them.

America and Israel have also launched fresh attacks on Iran. V.

K. said Vijayakumar, chief investment strategist at Geojit Investments Ltd.

He said that from a market perspective, the real issue is the impact of a potentially widening trade deficit, currency depreciation, higher inflation and perhaps lower growth. According to exchange data, foreign institutional investors (FIIs) sold equities worth ₹3,295. 64 crore on Monday (March 2, 2026).

However, domestic institutional investors (DIIs) bought stocks worth ₹8,593. 87 crore.

The stock markets were closed on Tuesday (March 3, 2026) on the occasion of Holi. On Monday (March 2, 2026), the Sensex closed at 80,238.

85, down 1,048. 34 points or 1. 29%.

Nifty closed at 24,865. 70, down 312.

95 points or 1. 24%.