By CNBCTV18.COM | Mar 9, 2026 5:40 AM IST (Updated)
Stock Market LIVE Updates: The Nifty and the broader markets will react this morning to Oil prices crossing the $100 per barrel mark, a stronger US Dollar and a sell-off in equity markets across the globe. Last week’s low of 24,305 is the first level to watch for the Nifty, while the Nifty Bank is already down 4,000 points from its record high levels due to the recent sell-off. Watch this space for all the LIVE stock market updates.
(Photo Credit : CNBC-TV18)
Stock Market LIVE Updates: There appears to be no let off for the Nifty 50 today after last week’s sell-off as the US-Iran war shows no signs of de-escalation. Crude oil prices have crossed $100 per barrel in the global markets, the US Dollar is strengthening, and futures on Wall Street have sold off sharply this morning. Barring the rebound on Thursday, the Nifty fell over 1% on every other day of the truncated week, leading to a wipe out of ₹15 lakh crore worth of investor wealth. The first level on the downside in focus will be last week’s low of 24,305. For the Nifty Bank, which is now down 4,000 points from record levels, will also be in focus due to the loan waiver announced in Maharashtra. The biggest focus, of course, will be on oil sensitives, ONGC, Oil India, HPCL, BPCL and the others who are impacted by this too, aviation stocks like IndiGo, paint stocks like Asian Paints and others, FMCG companies, Tyre stocks, and others. Also keep an eye on Meesho and Anthem Biosciences. Watch this space for all the LIVE stock market updates.