Mumbai/IBNS, March 13 -- Dalal Street witnessed a severe sell-off on Friday, extending losses for the week amid geopolitical tensions triggered by the ongoing West Asia conflict, media reports said.

During the week, BSE-listed companies reported a loss of Rs.20 lakh crore in market capitalization.

Overall, BSE-listed firms have seen a total market-cap wipeout of Rs.33 lakh crore since the outbreak of the Iran-US-Israel tensions.

On Friday, the BSE Sensex opened with a decline of 900 points and later extended losses to over 1,500 points, while the Nifty 50 slipped below 23,200 points.

On Thursday, the rupee had touched an intraday low of 92.36 before closing at 92.25 per US dollar, its lowest closing level.

Meanwhile, retail inflation...