BUSINESS

Indian markets saw wild swings on March 24, 2026, with the Sensex plunging 1,837 points and investor wealth erasing ₹14 lakh crore, as global tensions and a weak rupee rattled investors.

Indian stock markets opened higher on March 17, but both Sensex and Nifty slipped into the red by mid-morning, following last week’s sharp declines and amid ongoing global tensions and rising oil prices.

Ongoing conflict between Iran, Israel, and the US has disrupted India's LPG imports, causing shortages and price hikes in cities like Mumbai, Delhi, and Bengaluru. The government is prioritizing household supplies and ramping up domestic production as commercial users face a crunch.

The U.S.-Israel conflict with Iran has sent global oil and gas prices sharply higher, with crude briefly surging past 9% on Monday and analysts warning of further pump price increases affecting motorists and households worldwide.

Oil and gas prices soared Monday, with Brent crude up 6.3% to $77 a barrel and UK/European gas prices surging 40%, as the escalating US-Israel-Iran conflict disrupts Middle East energy supplies and global travel.

Indian stock markets swung amid tariff shocks, tech sector pain, and a major banking scandal, erasing Rs 4.6 lakh crore in investor wealth by Tuesday’s close.

Infosys shares surged up to 5% after unveiling a strategic partnership with Anthropic to deliver advanced AI solutions for regulated industries, starting with telecommunications.

The NIFTY50 index closed above 25,800 on Monday, February 9, 2026, after a 0.7% rally triggered by the India–US trade agreement, but faces stiff resistance at 26,000 ahead of today’s expiry.

Gold and silver prices crashed after hitting record highs, with gold falling over $1,000 per ounce and the CME hiking margin requirements to stem excessive risk-taking.

Indian stock markets saw sharp volatility with the Sensex swinging 811 points and Nifty 50 reclaiming 25,150 amid mixed sectoral performance and a 9% jump in India VIX. Key stocks like Axis Bank and BPCL posted notable gains despite broader market caution.