Holiday Hangover: Indian Markets Face Bearish Global Cues

As of 4 March 2026, broader Indian equity indices are expected to open with a negative bias amid the sharp global market sell-off. Domestic markets were closed on 3 March due to Holi, but overnight cues remain weak. GIFT Nifty declined over 2.5% yesterday, reflecting cautious sentiment. Global weakness follows declines across US and Asian markets amid escalating Middle East tensions and reports of the Strait of Hormuz closure. Indian equities may continue to underperform global peers in the near term. Input-cost sensitive sectors such as aviation, tyres, paints, and OMCs—particularly Indian Oil Corporation

, Bharat Petroleum, and Hindustan Petroleum—will be in focus, and market participants will closely track these developments. What do you think—can the market recover as it did on Monday? 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.