Daily Stock Market News(Mar 2, 2026): US-Iran War Hits Oil, India GDP at 7.8% & Auto Sales Surge
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Global markets are on edge following a US-Israel strike on Iran, threatening Strait of Hormuz oil and LPG supplies. PM Modi will chair a CCS meeting to assess the crisis. In domestic news, India’s FY26 GDP growth outlook was raised to 7.6%, February GST collections rose 8.1% to ₹1.83 trillion, and auto sales saw double-digit growth driven by SUVs. Gold loans also doubled their share in bank retail credit. India and Canada prepare to launch FTA talks.
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