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Markets extended losses into a third session as Brent hovered above $100/bbl, Middle East risk escalated, and the rupee hit a fresh record low near 92.48 per USD. Broad-based selling dragged benchmarks to the day’s lows; Metals/Auto/PSU Banks led declines while FMCG pockets showed relative resilience. Benchmarks — Closing Snapshot • Sensex: 74,563.92 (−1.93%) • […]
Oil cools. Rupee firms. Volatility eases. Today was a classic relief day after Monday’s oil‑shock: Brent retreated sharply, the rupee strengthened, and India VIX cooled, allowing a broad‑based bounce. Equities tracked the improvement in global risk tone rather than any domestic micro trigger. Benchmarks — Closing Snapshot All three benchmarks finished in the upper half […]
— finfluencee.com | Breaking Global Macro Insight What’s Happening (In One Minute) Indian equities fell sharply on March 2 after a fresh escalation in the US–Iran conflict sparked a global risk‑off wave and a jump in crude prices. Both NSE and BSE were shut on March 3 for Holi, with trading resuming on March 4. […]
