Stock Market Today 3 March 2026 – Market Closed for Holi | Last Close: Sensex Down 1,048 Points
Stock market today — 3 March 2026 is a Holi trading holiday as declared by NSE and BSE. The last stock market session was on Monday, 2 March 2026, which saw a brutal selloff. Sensex crashed 1,048 points to close at 80,238.85 and Nifty 50 fell 312 points to 24,865.70, driven by a sharp surge in crude oil prices following escalating US–Iran tensions in the Middle East. Over ₹7 lakh crore of investor wealth was wiped out in a single session.
📊 Last Stock Market Close – 2 March 2026 (Monday)
| Index | Close | Change (Points) | % Change |
|---|---|---|---|
| BSE Sensex | 80,238.85 | ▼ −1,048.34 | −1.29% |
| Nifty 50 | 24,865.70 | ▼ −312.95 | −1.24% |
| Nifty Bank | 60,529 | ▼ −658 | −1.08% |
| Nifty Midcap 100 | Declined | ▼ −1.5%+ | — |
| Nifty Smallcap 100 | Declined | ▼ −1.35%+ | — |
| India VIX | 17.13 | ▲ +25% | Spike – High Fear |
Source: BSE/NSE closing data as of 2 March 2026. Last trading day before Holi holiday.
📉 Why Did the Stock Market Crash on 2 March 2026?
1. US-Iran Military Escalation
Renewed US and Israeli strikes on Iran over the weekend triggered Tehran’s retaliation, causing a global risk-off selloff. The escalating conflict raised fears of a broader Middle East war and major oil supply disruptions.
2. Crude Oil Surged Over 7–9%
Brent crude spiked sharply to ~$89/barrel as markets priced in potential oil supply disruptions from the Middle East conflict. Crude oil prices surging is a direct negative for India’s import-heavy economy, raising inflation and fiscal concerns.
3. Broad-Based Selloff Across All Sectors
All sectoral indices closed in the red. Nifty Realty, Oil & Gas, and Auto were among the hardest hit, declining 2–3%. Aviation stocks also fell sharply as airspace closures over the Middle East disrupted airline operations. IndiGo fell over 4%.
4. INR Weakened, FIIs Sold Heavily
The Indian Rupee weakened as the dollar strengthened on safe-haven demand. Foreign Institutional Investors (FIIs) were net sellers, offloading approximately ₹3,890 crore worth of equities, adding pressure to the market.
🌍 Global Markets on 3 March 2026 (While India is on Holiday)
| Market | Level | Change |
|---|---|---|
| S&P 500 (USA) | 6,881.62 | +0.04% |
| Dow Jones (USA) | 48,904.78 | −0.15% |
| Nasdaq (USA) | 22,748.86 | +0.36% |
| FTSE 100 (UK) | 10,780.11 | −1.20% |
| DAX (Germany) | 24,638 | −2.56% |
| GIFT Nifty (Singapore) | 24,648.5 | Weak |
| Nikkei 225 (Japan) | 56,168 | — |
GIFT Nifty at 24,648.5 suggests markets may open weak on 4 March when trading resumes.
📅 What to Watch When Stock Market Reopens on 4 March 2026
- 💹 GIFT Nifty at 24,648.5 – Signals a gap-down opening below 24,700 on 4 March. Watch for further selling if crude stays elevated.
- 🔴 PNGS Reva Diamond Jewellery lists on 4 March – GMP is at -₹20. Expecting a listing below issue price of ₹380. See our live IPO GMP page.
- 🟢 SEDEMAC Mechatronics IPO opens 4 March – Subscription window opens. GMP at ₹18. Read our SEDEMAC IPO Review.
- 🌍 Middle East situation – Any ceasefire news or further escalation will be the key driver for global markets and crude oil direction.
- 💰 Crude oil price – If Brent crude stays above $88–90, further downside pressure on Indian markets is likely.
- 📊 Technical levels – Nifty support at 24,600–24,400. Resistance at 25,000–25,250. A decisive break below 24,600 could push Nifty toward 24,400, per analysts at NSE.
🗓️ March 2026 Stock Market Holidays
| Date | Day | Holiday |
|---|---|---|
| 3 March 2026 | Tuesday | Holi 🏕️ (Today – Market Closed) |
| 26 March 2026 | Thursday | Shri Ram Navami |
| 31 March 2026 | Tuesday | Shri Mahavir Jayanti |
🔗 Also Read on MarketCreed
- 📊 IPO GMP Today – SEDEMAC ₹18 | PNGS Reva -₹20
- 📅 Current & Upcoming IPOs India – March 2026
- 💰 Top Dividend Stocks India 2026
- 📈 Quarterly Results Q3 FY26 – Earnings Calendar
Disclaimer: All stock market data is sourced from BSE/NSE official data and financial news sources. This is for educational and informational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making investment decisions. | Privacy Policy | Contact
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