Buy or sell stocks, Aug. 28 -- The Indian stock market closed in the red on Thursday, August 27, amid mixed global signals and rising oil prices as geopolitical uncertainty continued. The Sensex declined 539 points, or 0.70%, to settle at 76,933.59, while the Nifty 50 fell 117 points, or 0.48%, to close at 24,090.85.

Broader markets also came under selling pressure, with the Nifty Midcap 150 slipping 0.10% and the Nifty Smallcap 250 declining 0.12%. Meanwhile, the Nifty Bank fell 0.47% to close at 57,509.95.

Nifty 50 closed at 24,090.85, down 116.90 points (-0.48%), extending its decline for the second straight session. Despite opening higher by around 70 points, the index failed to sustain the gains and gradually weakened to close at t...