Asian Stock Market News: Middle East में बढ़ते तनाव और United States में उम्मीद से अधिक महंगाई के आंकड़ों का असर भारत समेत एशियाई बाजारों में साफ दिखाई दिया. भारतीय बाजार में BSE Sensex शुरुआती कारोबार में करीब 1,000 अंक तक लुढ़क गया, जिससे निवेशकों में घबराहट फैल गई. एशियाई बाजारों में गिरावट एशिया के प्रमुख सूचकांकों में भी भारी दबाव देखा गया. Nikkei 225 लगभग 2% तक टूट गया और बाद में करीब 1.5% की गिरावट के साथ 57,947 के स्तर पर आ गया.
एशियाई बाजार में कोहराम
शुरुआती कारोबार में इसमें 900 अंकों से ज्यादा की गिरावट दर्ज की गई. Hang Seng Index 1.7% फिसलकर 26,165 पर पहुंच गया, जबकि Shenzhen Component Index 109 अंक गिरकर 14,386 पर कारोबार करता दिखा. दक्षिण कोरिया में सार्वजनिक अवकाश के कारण बाजार बंद रहा. अमेरिकी फ्यूचर्स में भी दबाव देखा गया. S&P 500, Dow Jones Industrial Average और NASDAQ Composite में शुरुआत में 1% से अधिक गिरावट आई, हालांकि बाद में कुछ रिकवरी के साथ गिरावट करीब 0.6% तक सीमित हो गई.
सोने में तेजी वैश्विक अनिश्चितता के बीच सुरक्षित निवेश माने जाने वाले सोने की कीमतों में उछाल आया. यूएस गोल्ड फ्यूचर्स करीब 2.58% चढ़कर 5,382.60 डॉलर प्रति औंस पर पहुंच गए. तेल बाजार में हलचल स्ट्रेट ऑफ हॉर्मुज में दो जहाजों पर हमले की खबरों के बाद तेल आपूर्ति को लेकर चिंता बढ़ गई.
गोल्ड के उछले दाम
शुरुआती कारोबार में अमेरिकी बेंचमार्क क्रूड लगभग 8% तक उछला, हालांकि बाद में 4% की बढ़त के साथ 69.60 डॉलर प्रति बैरल पर आ गया. वैश्विक तेल मानक Brent Crude भी 4.5% चढ़कर 76.17 डॉलर प्रति बैरल पर पहुंच गया. ऊर्जा विशेषज्ञों का मानना है कि यदि पश्चिम एशिया में तनाव लंबा खिंचता है, तो तेल और गैस की कीमतों पर दीर्घकालिक प्रभाव पड़ सकता है. करेंसी मार्केट मुद्रा बाजार में अमेरिकी डॉलर मजबूत रहा.
डॉलर 156.29 जापानी येन से बढ़कर 156.04 येन पर पहुंच गया. वहीं यूरो 1.1788 डॉलर से फिसलकर 1.1812 डॉलर पर आ गया. कुल मिलाकर, वैश्विक भू-राजनीतिक तनाव और अमेरिका में महंगाई के मजबूत आंकड़ों ने निवेशकों को सतर्क कर दिया है, जिसका असर इक्विटी, कमोडिटी और करेंसी बाजारों में एक साथ दिखाई दे रहा है.
डिस्क्लेमर: (यहां मुहैया जानकारी सिर्फ़ सूचना हेतु दी जा रही है. यहां बताना जरूरी है कि मार्केट में निवेश बाजार जोखिमों के अधीन है. निवेशक के तौर पर पैसा लगाने से पहले हमेशा एक्सपर्ट से सलाह लें. ABPLive.com की तरफ से किसी को भी पैसा लगाने की यहां कभी भी सलाह नहीं दी जाती है.)
Prime Minister Narendra Modi with Canadian Prime Minister Mark Carney, at Hyderabad House, in New Delhi, Monday
| Photo Credit:
PTI/Shahbaz Khan
Prime Minister Narendra Modi on Monday held bilateral talks with Canadian Prime Minister Mark Carney at Hyderabad House in the national capital, focusing on strengthening cooperation and partnership between the two countries.
During the discussion, both leaders reviewed the progress achieved across diverse areas of the India-Canada Strategic Partnership. The Canadian Prime Minister arrived in India on February 27 for an official visit at the invitation of Prime Minister Narendra Modi. This marks Carney’s first official visit to the country, which began when he arrived in Mumbai. He will depart from India today following his engagements in the national capital.
Earlier today, External Affairs Minister S Jaishankar called on the Canadian Prime Minister and appreciated his commitment to building a forward-looking partnership between the two countries. In a post on X, Jaishankar said, “Delighted to call on Prime Minister Mark J Carney of Canada in New Delhi this morning. Appreciate his commitment towards charting a forward-looking partnership.”
The Canadian Prime Minister landed in the national capital on Sunday evening following the conclusion of a productive visit to Mumbai, marking the next phase of his official tour of India. Union Minister of State for Commerce and Industry and for Electronics and Information Technology, Jitin Prasada, received the visiting leader at the airport.
The high-level discussions, scheduled for today at Hyderabad House, will see the two Prime Ministers hold delegation-level talks to review the progress achieved to date across diverse areas of the India-Canada Strategic Partnership. Building on their earlier meetings in Kananaskis in June 2025 and Johannesburg in November 2025, on the sidelines of the G7 and the G20 summits, respectively, the leaders will “take stock of ongoing cooperation in key pillars, including trade and investment; energy; critical minerals; agriculture; education, research, and innovation; and people-to-people ties.”
According to a statement from the Ministry of External Affairs, they will also exchange views on regional and global developments.In addition to their formal talks, Prime Minister Modi and Prime Minister Carney will attend the India-Canada CEOs Forum.This visit comes at an important juncture in the normalisation of India-Canada bilateral relations, with the anticipated discussions on Monday focusing on key strategic and economic issues of mutual interest between the two nations.
The market tone suggests that upside pressure on USD/INR remains intact unless global tensions cool meaningfully.
| Photo Credit:
istock.com
The US and Israel’s combined attack on Iran had its impact on the Rupee, which opened about 16 paise weaker against the Dollar on Monday.
The Indian unit (INR), which opened at 91.2350 per US Dollar (USD), is currently trading about 32 paise weaker at 91.3950, per CCIL data. In intraday trades so far, INR hit a low of 91.43 and a high of 91.23 per USD.
Amit Pabari, MD, CR Forex Advisors, said: “The rupee ended last month quietly at 90.97, almost as if it was just another routine close.But while the markets were preparing for a fresh month, the weekend decided to rewrite the script. This time, the pressure on the Rupee isn’t coming from domestic imbalances — it’s blowing in from far beyond our borders. The escalation between United States, Israel and Iran has shifted global risk sentiment dramatically.”
Pabari assessed that the 90.80–91.00 zone now becomes a crucial base. As long as this holds, the probability of a move toward 91.80–92.00 appears high — almost 90% under current conditions.
The market tone suggests that upside pressure on USD/INR remains intact unless global tensions cool meaningfully.
Nachiketa Sawrikar, Fund Manager, Artha Bharat Global Multiplier Fund, said for India, the impact of the USA and Israel attack on Iran is typically magnified: higher crude oil prices widen the current account deficit, stoke domestic inflation, pressure the rupee, and could lead to FII outflows as global investors reduce risk exposure
Crude oil futures traded more than 5 per cent higher on Monday morning following the US-Israel attacks on Iran over the weekend.
At 9.25 am on Monday, May Brent oil futures were at $77.12, up by 5.83 per cent, and April crude oil futures on WTI (West Texas Intermediate) were at $70.71, up by 5.51 per cent.
March crude oil futures were trading at ₹6483 on Multi Commodity Exchange (MCX) during the initial hour of trading on Monday against the previous close of ₹6092, up by 6.42 per cent, and April futures were trading at ₹6483 against the previous close of ₹6106, up by 6.17 per cent.
In their Commodities Feed for Monday, Warren Patterson, Head of Commodities Strategy of ING Think, and Ewa Manthey, Commodities Strategist, said oil markets opened significantly stronger on Monday morning, with ICE Brent trading as much as 13 per cent higher initially — trading above $82 a barrel.
“This took the market into the range we had expected following this weekend’s developments. Perhaps more surprising is that the market has given back some of these gains,” they said. There’s still hope that an off-ramp from escalation can be found amid reports that Iran’s security chief is pushing for a resumption of nuclear talks with the US.
Stating that there is still plenty of uncertainty about how the situation in West Asia develops, they said Iranian retaliation and targeting of neighbouring Gulf states are only seeing energy supply risks grow — and leaving the door open for further escalation.
A big concern is the disruption to oil and LNG flows through the Strait of Hormuz. Reports indicate that several ships have been attacked, leaving many shippers reluctant to navigate the strait due to the risks. Clearly, if these disruptions persist, it will leave further upside to prices, they said.
Meanwhile, OPEC+ (Organization of the Petroleum Exporting Countries and allies), which met virtually on Sunday, decided to increase production by 206,000 barrels per day in April.
An OPEC+ statement said that in view of a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories, the eight participating countries decided to resume the unwinding of the 1.65 million barrels per day of additional voluntary adjustments announced in April 2023 and agreed on a production adjustment of 206,000 barrels per day. This adjustment will be implemented in April 2026.
The countries will continue to closely monitor and assess market conditions, and in their continuous efforts to support market stability they reaffirmed the importance of adopting a cautious approach and retaining full flexibility to increase, pause or reverse the phase out of the voluntary production adjustments, including reversing the previously implemented voluntary adjustments of the 2.2 million barrels per day announced in November 2023.
Natural gas
March natural gas futures were trading at ₹266.80 on MCX during the initial hour of trading on Monday against the previous close of ₹262.30, up by 1.72 per cent.
ING Think’s Commodities Feed said the real impact for gas markets will be on European and Asian LNG prices. Around 20 per cent of global LNG supply is at risk, leaving plenty of upside for European gas prices.
“As we near the end of the European heating season, gas storage is below 30 per cent full. This leaves the market tight. Given the potential for disruptions from the Persian Gulf, we could see increased competition between Europe and Asia for alternative supplies. While there’s been a ramp-up in LNG export capacity and more to come, particularly from the US, this would not come soon enough to offset potential losses from the Persian Gulf,” the Commodities Feed said.
ensex | Nifty 50 | Stock Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 2nd March 2026
Gift Nifty at 25,205 indicates a gap-down opening of about 150 points for Nifty. Strong economic numbers such as GDP and GST collection will help in market recovery, market experts believe.
The rapid deterioration in West Asia stability has triggered a broad risk-off sentiment across global markets, prompting investors to shift towards safe-haven assets, said Hariprasad K, founder, Livelong Wealth.
March 2, 2026 09:24
Emerging market currencies, stocks fall on Iran-Israel conflict worries
Emerging market currencies, stocks fall on Iran-Israel conflict worries
A gauge of developing nations’ currencies dropped 0.5%, declining for a second session in a row as the dollar strengthened.
March 2, 2026 09:19
Sensex opened 2,743.46 pts lower at 78,543.73 from the previous close of 81,287.19. Nifty 50 tumbled 519.4 pts to 24,659.25 from the previous close of 25,178.65.
March 2, 2026 09:16
West Asia war to weigh heavily on China, Europe and India, economists say
West Asia war to weigh heavily on China, Europe and India, economists say
Economists warn the West Asia conflict will impact oil importers like China, Europe, and India, benefiting exporters like Russia.
March 2, 2026 08:54
Rajeev Sharan, Head – Criteria, Model Development & Research, Brickwork Ratings
“The US–Israel strikes on Iran represent a significant geopolitical shock, raising the global oil risk premium and boosting demand for safe haven assets like gold and silver. For India, with close to 90% dependence on imported crude, any sustained rise in Brent prices quickly feeds into higher fuel costs, broader inflation, and a wider current account deficit. This complicates the RBI’s disinflation path and could delay rate cuts.
Indian equities have already turned risk off, with expectations of more volatility, foreign investor outflows, and pressure on autos, financials, and energy intensive sectors. Precious metals are likely to stay supported as long as escalation risks remain. The conflict premium will ease only when there is clarity on leadership in Tehran, credible channels for de escalation, and assurance that vital oil routes such as the Strait of Hormuz remain open.”
March 2, 2026 08:11
Morgan Stanley: India Equity Strategy | Focus List Changes: Adding Adani Power, Lenskart and Prestige Estates
We add Adani Power, Lenskart and Prestige Estates to our Focus List at the expense of Reliance Industries, Titan and Interglobe Aviation. From a sector perspective, we are OW Financials, Consumer Discretionary and Industrials.
March 2, 2026 07:58
Iran conflict: Anxiety to engulf these 5 sectors’ stocks
Iran conflict: Anxiety to engulf these 5 sectors’ stocks
Airlines, oil stocks face pressure from flight cancellations, rising crude prices
March 2, 2026 07:57
Middle East Conflict Updates: UAE announces it is closing its Dubai, Abu Dhabi stock markets on Monday and Tuesday (2nd & 3rd March) following Iranian strikes.
March 2, 2026 07:57
EQUITY PREVIEW
Abbott India (BOOT): Novo Nordisk, Abbott India in Pact for Semaglutide Diabetes Drug
Adani Enterprises (ADE): Agrees to buy defense unit from Punj Lloyd by way of slump sale, no terms
Adani Green Energy (ADANIGR): Says unit to operationalize plant in Gujarat
Aurobindo Pharma (ARBP): U.S. FDA complete inspection at Eugia Pharma unit 1 with four observation
Eicher Motors (EIM): Eicher Feb. Motorcycle Sales +11% to 100,905 units
Escorts Kobuta (ESCORTS): Feb. total sales up 20.4% Y/y to 10,339 units
GAIL India (GAIL): To set up wind project in Maharashtra for INR17.4B
GlaxoSmithKline Pharma (GLXO): Says revenue officials search office in Mumbai
Hero MotoCorp (HMCL): Feb. Vehicle Sales 558,216 Units Vs. 388,068 Y/y
Hindustan Petroleum (HPCL): HPCL Buys 1M Bbl of US Crude for Early May: OIL TENDER
ICICI Bank (ICICIBC): Board approves buying 2% more shares in Life Insurance arm
Indian Oil Corp. (IOCL): Skips Mideast Supply in Latest Purchases: OIL TENDER
Mahindra & Mahindra (MM): Feb. Automotive Sales +18% Y/y to 97,177 Units
Maruti Suzuki (MSIL): Feb. Total Sales 213,995 Units Vs. 199,400 Y/y
SML Mahindra (SMLMAH): Feb. vehicle sales up 17% Y/y to 1,503 units
Tata Motors PV (TMPV): Feb. Vehicle Sales 63,331 Units
TVS Motor (TVSL): Feb. Vehicle Sales 529,308 Units
Zydus Lifesciences (ZYDUSLIF): Gets U.S. FDA final approvals for Ivermectin and Dapsone tablets
March 2, 2026 07:57
Global bits
India – Q3 GDP grew 7.8% y/y, with strong consumption and services momentum, while NTT Data announced 5,000 new jobs, signalling sustained investment confidence.
South Korea – Exports are set to rise for a ninth straight month, driven by AI-related semiconductor demand.
Germany – Inflation eased to around 2% in February, reinforcing euro zone disinflation trends.
France – Inflation rose more than expected due to slower energy price declines, highlighting uneven price pressures.
Europe – Regional equities marked an eighth consecutive monthly gain, though credit concerns weighed on financial stocks.
Canada – Prime Minister Mark Carney advanced trade ties with India, signalling diversification beyond U.S.-centric trade.
United States – Markets remain cautious amid AI-driven disruption themes and upcoming labour market data.
Crude Oil (Brent) – Brent surged ~10% to around $80–$82/bbl (with risks of $90–$100+) as U.S.–Israel strikes on Iran and severe disruption in the Strait of Hormuz threatened roughly 20% of global oil flows.
Refined Fuels (Gasoline) – U.S. gasoline prices are expected to climb above $3/gallon amid supply fears and tanker disruptions in the Gulf.
LNG (Liquefied Natural Gas) – LNG shipments through the Strait of Hormuz have been heavily disrupted, raising supply concerns for major Asian buyers.
Shipping/Tanker Markets – Freight and insurance costs spiked after vessel damage and halted traffic near Hormuz, effectively tightening global energy supply chains.
Source: Reuters
March 2, 2026 07:53
GST Collection Update – February
Gross GST Revenue
• Total Gross Collection: ₹1,83,609 Cr
• Growth: ↑ 8.1% YoY
Year-to-Date (YTD)
• Gross Collection: ₹20,27,033 Cr
• Growth: ↑ 8.3% YoY
Net GST Revenue (After Refunds)
• Net Collection: ₹1,61,014 Cr
• Growth: ↑ 7.9% YoY
Refunds
• Total Refunds: ₹22,595 Cr
• Growth: ↑ 10.2% YoY
Moderate but steady tax growth trend continues.
March 2, 2026 07:48
Nifty to shed 150 points at open amid Iran tension
Domestic markets are likely to open marginally in the negative on Monday amid escalation of war in the Gulf region, involving Israel, the US and Iran. Gift Nifty at 25,205 indicates a gap-down opening of about 150 points for Nifty. Strong economic numbers such as GDP and GST collection will help in market recovery, market experts believe.
Maruti Suzuki February Sales Update: Total Sales at 2.13 Lakh Units
Total Sales: 2.13 lakh units vs 1.99 lakh units YoY (Up 7.32%)
Domestic PV Sales: 1.61 lakh units vs 1.60 lakh units YoY (Up 0.6%)
Exports: 39,155 units vs 25,021 units YoY (Up 56.5%)
Poll Check: Missed CNBC-TV18 poll estimate of 2.19 lakh units.
March 2, 2026 07:06
Stock Market Live Updates | Tamil | Nifty & Bank Nifty இந்த வாரம் (02 Mar’26 to 06 Mar’26) என்ன ஆகும்? எங்கு செல்லும்?
March 2, 2026 07:06
Nifty and Bank Nifty Prediction for the week 02 Mar’26 to 06 Mar’26 by BL GURU
March 2, 2026 07:03
Auto Sales Update
M&M Auto: Total Sales At 97,177 Units Vs Poll Of 98,250 Units (Inline with estimates)
M&M Tractor: Total Tractor Sales At 34,133 Units Vs Poll Of 33,000 Units (Marginally better than estimates)
SML Mahindra Feb Auto Sales: Total Sales Up 17% At 1,503 Units Vs 1,288 Units (YoY) (Numbers seen higher YoY)
Maruti Suzuki Feb Auto Sales: Total Sales At 2.13 Lk Units Vs Poll Of 2.19 Lk Units (YoY) (Numbers trailed with the estimates)
ESCORTS: Total Sales At 10339 Units Vs Poll Of 10500 Units (Inline with estimates)
Hyundai: Auto Sales At 66134 Units Vs Poll Of 65500 Units (Marginally better than estimates)
Eicher Motors CV: Total Sales At 9986 Units Vs Poll Of 10200 Units (Inline with estimates)
Tata Motors CV: Total Sales At 42940 Units Vs Poll Of 42000 Units (Numbers seen marginally better than estimates)
VSTTillers: Total Power Tiller & Tractor Sales Up 36.04% At 4,435 Units Vs 3,260 Units (YoY) (Numbers seen better YoY)
Tata Motors PV: Total Sales At 63300 Units Vs Poll Of 64300 Units (Numbers seen marginally lower than estimates)
TVS Motors: Total Sales At 5.29 lakh Units Vs Poll Of 5.10 Units (Numbers seen better than estimates)
Eicher Motors RE: Total Sales At 1.01 lakh Units Vs Poll Of 1.03 lakh Units (Numbers seen inline with the estimates)
March 2, 2026 06:57
OPEC+ is discussing oil output hike of 206,000 bpd, source says
Eight OPEC+ countries have in-principle agreement to raise oil output by 206,000 BPD, says source
March 2, 2026 06:48
Week Ending: 27 February 2026: What mattered. What didn’t. What it means | This Week in One Frame
India continued its quiet macro reset. Growth metrics were revised. Capital frameworks were rationalised. Energy and defence self-reliance themes strengthened. At the same time, U.S. trade friction resurfaced, reminding markets that export momentum remains geopolitically sensitive.
March 2, 2026 06:43
Index Outlook: Bourses ‘Trumped’
Nifty 50, Sensex and Nifty Bank index were knocked down last week. The indices opened the week with a gap-up but did not see a strong follow-through rise.
The US beginning its attack on Iran over the weekend can drag the benchmark indices further lower. This could keep the sentiment negative for some time.
However, on the charts, long-term supports are there which have the potential to limit the downside from here. So, the fall from here is going to give us a very good buying opportunity.
The stock of Mahanagar Gas Ltd (MGL) has been rallying since early February. It established the uptrend after finding support at ₹1,020. Last week, the scrip gained 7.6 per cent and breached the neckline of an inverted head and shoulder chart set up at ₹1,185. This is a strong indication that the trend has turned bullish.
