Buy or sell stocks, March 9 -- Escalating global geopolitical uncertainties and skyrocketing crude oil prices kept investor sentiment subdued. The Indian stock market remained volatile and under sustained selling pressure last week. The Nifty 50 index finished at 24,450, logging a weekly loss of 2.90%. The BSE Sensex crashed from 82,248 to 78,918, recording a weekly loss of 3,330 or over 4%. The Bank Nifty index nosedived from 60,529 to 57,783, logging a weekly loss of 2,746 or 4.53%.
The week was marked by sharp mid-session declines, driven by the intensifying US-Iran war, which disrupted tanker traffic through the Strait of Hormuz amid heightened security concerns and tighter insurance restrictions, pushing crude oil prices sharply hig...
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