Stock Market LIVE: Sensex tumbles 1,200 pts, Nifty hovers around 24,800; India VIX surges nearly 20%

Monday: In the broader market space, the Nifty MidCap and Nifty SmallCap indices were down 0.93% and 1.3%, respectively. Stock Market LIVE Updates, Monday, March 2, 2026: Indian benchmark indices remained under pressure, mirroring weakness in global equities amid escalating US–Iran tensions. the Sensex declined 1.34%, or 1,086.02 points, to 80,201.17, while the Nifty50 slipped 1.31%, or 350.55 points, to 24,828.10. Over the weekend, Iran’s Supreme Leader Ayatollah Ali Khamenei and several senior officials were reportedly killed in a joint US–Israel military strike. The geopolitical standoff is expected to intensify after US President Donald Trump pledged retaliation following the deaths of American servicemen in Iran’s counteraction, as per agency reports. Within the Nifty 50 pack,

& Toubro, , and and Special Economic Zone emerged as the top laggards. In the broader market segment, the Nifty MidCap and Nifty SmallCap indices traded lower by 0.93% and 1.3%, respectively. Among sectoral gauges, the Nifty Auto index bore the brunt of the sell-off, sliding over 2%, dragged down by losses in i India and & Mahindra. Meanwhile, the Nifty Metal index limited its losses and stood out as the most resilient sector in early trade.