Sensex Nifty Updates March 6: Sensex Drops Over 1,000 Points, Nifty Slides 1.27% as Financials Trigger Broad Market Weakness

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Last Updated: 6th March 2026 - 05:03 pm

Indian markets ended sharply lower, with the Sensex dropping 1.37% to 78,918.90 and the Nifty 50 declining 1.27% to 24,450.45, weighed down by banking stocks such as ICICI Bank, Axis Bank, and Shriram Finance. Bharat Electronics, Reliance, and ONGC were among the top gainers. Broader sentiment remained cautious as India VIX jumped 11.31% to 19.88, indicating rising market volatility. Meanwhile, Asian markets traded higher and European indices remained slightly weak, while Wall Street ended the previous session in the red.

Stock Market Highlights, March 6

  • Domestic Indices Slide Amid Banking Drag: Indian benchmarks ended sharply lower, with the Sensex falling 1.37% to 78,918.90 and the Nifty 50 dropping 1.27% to 24,450.45. Banking stocks led the decline as ICICI Bank, Axis Bank, and Shriram Finance emerged among the top losers.

  • Global Cues Mixed: Asian markets traded mostly higher, led by Hong Kong’s Hang Seng which jumped 1.72%, while Japan’s Nikkei and Shanghai Composite also posted gains. Meanwhile, European markets were slightly lower in mid-session, with the DAX, CAC 40, and STOXX 50 trading in the red.

  • Wall Street Recap: In the previous session, U.S. markets closed lower, with the Dow Jones declining 1.61%, the NASDAQ slipping 0.26%, and the S&P 500 falling 0.56%, reflecting cautious sentiment amid rising volatility and broader risk-off mood across global equities.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers

Company Gain
Bharat Elec 1.84%
Reliance 1.11%
ONGC 0.94%
Sun Pharma 0.83%
NTPC 0.67%

Top Losers

Company Loss
ICICI Bank -3.26%
Eternal -3.15%
Shriram Finance -3.08%
Axis Bank -2.47%
UltraTechCement -2.45%

Indian Market Cues

Index Value Change (%)
Gift Nifty 24,562.00 -0.05%
Nifty 50 24,450.45 -1.27%
Nifty Bank 57,783.25 -2.15%
SENSEX 78,918.90 -1.37%

India VIX

Volatility Index Value Change (%)
India VIX 19.88 11.31%

Asian Markets 

Index Value Change (%)
Nikkei 55,620 0.62%
Hang Seng 25,757 1.72%
Shanghai Composite 4,730 0.38%

European Market Mid-Session Update

Index Value Change (%)
FTSE 100 10,408 -0.045%
DAX 23,775 -0.20%
CAC 40 8,026 -0.28%
STOXX 50 5,763 -0.36%

U.S. Markets Live Today

Index Value Change (%)
Dow Jones 47,954.74 -1.61%
NASDAQ 22,748.99 -0.26%
S&P 500 6,830.71 -0.56%


*As of 15:45 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.

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