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Sensex, Nifty crash in early trade as Middle East crisis deepens

Mumbai, Mar 2 (PTI) Benchmark equity indices Sensex and Nifty crashed in early trade on Monday tracking a sharp spike in crude oil prices amid escalating tensions in the Middle East. The 30-share BSE Sensex tanked 2,743.46 points or 3.37 per cent to 78,543.73 in early trade. The 50-share NSE Nifty tumbled 533.55 points or 2.11 per cent to 24,645.10. From the Sensex pack, InterGlobe Aviation, Larsen & Toubro, Eternal, Adani Ports, Asian Paints, UltraTech Cement and Reliance Industries were among the biggest laggards. Bharat Electronics emerged as the only gainer. Brent crude, the global oil benchmark, tumbled 5.38 per

Rupee falls 21 paise to 91.29 against US dollar in early trade

Rupee hits record low

Mumbai, Mar 2 (PTI) The rupee depreciated 21 paise to 91.29 against the US dollar on Monday, amid higher crude oil prices, a strong American currency and intense global volatility due to the escalated Middle East tension. Negative equity market sentiment and massive withdrawal of foreign funds also weighed on the Indian currency, forex traders said. At the interbank foreign exchange, the rupee opened at 91.23 and declined further to 91.29 against the greenback in initial deals, trading 21 paise down from its previous closing level. On Friday, the rupee lost 17 paise to settle at 91.08 against the dollar.

3 US troops killed and 5 are seriously wounded during Iran attacks, military says

WASHINGTON, March 2, 2026 (AP) — Three American service members have been killed and five others seriously wounded during the U.S. attacks on Iran, the military announced Sunday, marking the first American casualties in a major offensive that President Donald Trump said could likely lead to more losses in the coming weeks. The three who were killed were U.S. Army soldiers deployed to Kuwait as part of a unit that oversees supplies and logistics, according to a person familiar with the situation who was not authorized to comment publicly and spoke on condition of anonymity. The development was reported earlier

Rupee to fall past 91 as Iran war puts oil on the boil, saps risk appetite

MUMBAI, Mar 2 (Reuters) – The Indian rupee is expected to fall past the 91 per dollar mark on Monday after the U.S. and Israel bombed Iran over the weekend, risking protracted conflict in the Middle East, which sapped risk appetite and sparked a sharp rise in oil prices. The 1-month non-deliverable forward indicated the rupee will open in the 91.28-91.32 range versus the U.S. dollar, having settled at 90.9750 on Friday. Air strikes by Israel and the U.S. on Iran over the weekend resulted in the death of Iran’s Supreme Leader Ayatollah Ali Khamenei. Iran fired missile barrages across

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