Stock market today, March 3 -- Rising tensions in the Middle East unsettled global markets during Monday's session on March 2, dragging the Indian stock market lower as both benchmark indices ended the day with losses of more than 1%.

The Nifty 50 declined 1.24% to close at 24,865, while the S&P BSE Sensex fell 1.29% to settle at 80,238. Broader markets were also hit hard, with the Nifty Midcap 100 and the Nifty Smallcap 100 each dropping more than 1.5%.

On the Nifty options front, Chandan Taparia, Head Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services Ltd, said that Maximum Call OI is at 25500 then 25000 strike, while Maximum Put OI is at 24500 then 24000 strike.

"Call writing is seen at 25000, then 25200 s...