Stock market today, March 4 -- The domestic benchmark indices, Nifty 50 and Sensex, extended their slump at the open on Wednesday, as escalating U.S.-Israel clashes with Iran lifted oil to a 19-month high, disrupted Middle East energy shipments and stoked fears of a prolonged conflict.
The Nifty 50 was down 1.92% at 24,388.8 and the BSE Sensex shed 2.13% to 78,528.82 as of 9:15 IST.
Domestic markets were closed on Tuesday, March 4 for Holi celebration. The benchmarks have lost about 2.5% each over the past two sessions.
The Indian rupee slid to a record low against the dollar while bond yields jumped as Middle East conflict kept oil prices elevated.
On Monday, Indian stock indices ended lower but made a significant recovery from earli...
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