Market Crash Warning? Oil Surges 24% | Gift Nifty Down 767 | Stock Market Today
Автор: Akkash Bacha ( SEBI Registered Research Analyst )
Загружено: 2026-03-08
Просмотров: 2614
Описание:
Before the Indian stock market opens on 9 March 2026, global markets are showing strong negative signals.
US markets closed sharply lower on Friday. The Nasdaq fell 346 points to 22,400, while the S&P 500 declined 90 points to 6,740. Dow Jones futures are currently trading more than 1,100 points lower, indicating weak global sentiment.
The biggest trigger right now is the massive surge in crude oil prices. Crude oil has jumped nearly 24% to $113, while Brent crude is trading near $112, rising more than 21% amid rising tensions between Iran, Israel, and the United States.
Early signals for India are also weak. Gift Nifty is trading at 23,807, down 767 points, suggesting a gap-down opening.
Institutional data from 6 March 2026 shows DIIs were net buyers worth ₹6,971 crore, while FIIs were net sellers worth ₹6,030 crore.
We also discuss Infosys ADR, HDFC Bank ADR, ICICI Bank ADR and Wipro ADR, commodity movements in MCX metals and natural gas, USD/INR levels, and key Nifty and Bank Nifty support and resistance levels based on option chain data
.
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