Nifty Share Price News Desk, Mumbai, 6 March 2026: The Indian stock market opened today with a mixed to negative start. After a strong recovery last Thursday, the market is under pressure due to weak signals in global markets and tensions in the Middle East (West Asia). Investors are cautious due to rising crude oil prices and fears of a US-Israel-Iran war.
Nifty 50 on NSE started around 24,610, which is about 155 points or 0.63% down from the previous closing price (24,765.90). BSE Sensex opened at 79,489, which is 527 points or 0.66% lower than the previous day’s closing (80,015.90).
On Thursday, the market showed a strong recovery after three days of decline. The Sensex rose more than 900 points to close at 80,016, while the Nifty settled at 24,766. Major stocks like Reliance Industries, Adani Ports, and L&T saw an increase of 4-5%. However, today, a gap-down opening was expected on GIFT Nifty signals, which is visible in reality.
Key elements and global signals
- Middle East conflict: Crude oil prices are at high levels due to rising tension over a US-Israel-Iran war. Although talks about reopening the Strait of Hormuz are ongoing, the market remains cautious.
- Global market: Asian stock markets have fallen by up to 0.7%. The US market also closed negative yesterday.
- Indian rupee: opened around 91.65 against the USD, slightly weak.
- Investor trend: The market remains volatile due to FII selling and global risk aversion sentiment. Experts believe that the next direction will depend on developments in the Middle East, crude prices, and global risk sentiment.
What should we watch today?
- Key stocks: Reliance, L&T, Adani Ports, NTPC are under pressure today after yesterday’s rise. Stocks like IndiGo are down by 2-3%.
- Sector: Keep an eye on the energy and metal sectors due to the impact of crude. The rally in defence and auto sectors yesterday may slow down today.
- Technical level: For Nifty, support at 24,500-24,600 and resistance at 24,800 are important.
This market instability could continue, so investors should be careful and keep an eye on new developments. The trading session will run from 9:15 to 3:30.
