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Dow Jones Industrial Average futures fell 511 points, or 1 per cent, while S&P 500 futures dropped 1 per cent and Nasdaq 100 futures declined 1.3 per cent. Meanwhile, Gold futures surged 3 per cent as investors rushed into the global safe-haven asset.
Meanwhile, the CBOE Volatility Index, Wall Street’s fear gauge based on option prices used to hedge against losses, climbed to its highest level of 2026 so far.
Indian Stock Market
Nifty50 and BSE Sensex tumbled in trade on Monday, March 2, amid escalating Middle East tensions and global market volatility, with rising crude oil prices and trade concerns in focus.
The BSE Sensex, after hitting an intraday low of 78,543.73, ended the session at 80,238.85, down 1048.34 points or 1.29 per cent. The NSE Nifty50 settled at 24,865.70, down 312.95 points or 1.24 per cent. During the day Nifty50 swung between 24,989.35 and 24,603.50. Sensex and Nifty opened in red today. The BSE Sensex started at 78,543.73, while the Nifty 50 opened at 24,659.25.
Reasons behind stock market crash
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
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