Mumbai/IBNS, July 13 -- The Indian stock market witnessed a sharp sell-off on Monday, with benchmark indices plunging at the opening bell as investor sentiment remained under pressure amid the escalating conflict in West Asia, media reports said.

The decline came as investors remained cautious over the ongoing tensions in West Asia, which have heightened concerns about global economic stability and energy security.

The spike in oil prices further dampened market sentiment, raising fears of inflationary pressures and increased input costs for businesses.

The US Central Command (CENTCOM) on Monday said it had completed a new wave of offensive strikes against Iran, hitting dozens of targets at multiple locations with precision munitions i...