Mumbai/IBNS, March 13 -- The Indian stock market nosedived on Friday, extending losses triggered by escalating geopolitical tensions centred on the West Asia conflict, media reports said.

The benchmark indices are now set to register their biggest weekly loss in more than a year, with several factors weighing on investor sentiment, including the ongoing tensions involving Iran, the United States, and Israel.

Meanwhile, the Indian Rupee further weakened, hitting a record low of 92.36 against the US dollar.

He also said the Nifty Bank may find support at 54,375-54,500, while the second support zone could be 53,600-53,900.

Published by HT Digital Content Services with permission from India Blooms....