Markets Shut for Holi; Indices Drop Over 1% Amid Global Tensions

BSE and NSE remained closed on March 3 for Holi, with trading resuming March 4. On March 2, Sensex and Nifty fell over 1% due to rising US-Iran tensions and spiking crude prices. Most sectors declined, rupee slipped to 91.47/$, and Nifty faces key support at 24,600 and resistance at 25,000.