Buy or sell stocks, Aug. 12 -- The Indian stock market ended sharply lower on Tuesday, August 11, as investors booked profits amid rising crude oil prices and continued uncertainty over the reopening of the Strait of Hormuz and the possibility of a US-Iran agreement.

The Sensex declined 388 points, or 0.49%, to close at 78,154.25, while the Nifty 50 dropped 112 points, or 0.46%, to settle at 24,471.70.

Nifty 50 ended the session at 24,471.70, lower by 112.10 points (-0.46%), as profit booking emerged after the index failed to sustain higher levels. The index opened largely flat but gradually weakened and closed near the lower end of the day's range. Despite the decline, the broader technical structure remains constructive as Nifty conti...