Stock market today, March 4 -- The Indian equity market ended in the red on Monday, March 2, closing with losses of more than 1% amid escalating tensions in the Middle East that rattled global markets.

The Nifty 50 fell 1.24% to close at 24,865, while the BSE Sensex slipped 1.29% to settle at 80,238. The broader market also came under pressure, with the Nifty Midcap 100 and the Nifty Smallcap 100 each declining by more than 1.5%.

"Indian equity markets closed with a bearish undertone after opening sharply lower in response to the deepening military conflict across the Middle East, which pushed crude oil prices markedly higher. As the session progressed, selective value buying emerged at lower levels, enabling benchmark indices to trim a...