- 🇮🇳 Indian Market: Indices closed lower today 📉 as rising global tensions and higher crude oil prices kept investors cautious. At the same time, continued FIIs selling added more pressure on the market. Even positive news about Reliance’s proposed US refinery investment couldn’t lift sentiment. Meanwhile, the US-Iran conflict and tensions near the Strait of Hormuz increased fears of oil supply 🛢 disruption, keeping markets volatile in the short term
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- 📊 Market Breadth: On the NSE, 1197 stocks ended in the green, while 1740 stocks closed in the red.
- 🌍 Global Market: US markets lost momentum slipped into the red amid fading hopes of an early end to the US-Israel–Iran conflict and rising stagflation concerns.
- As tensions kept investors cautious ⚠️, a report about the International Energy Agency 🏢 planning the largest crude reserve release lifted Asian markets slightly.
- However, oil prices still stayed firm, as ongoing Middle East tensions continued to keep global energy markets on edge.
Market Update 📰:11-3-2026
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