Buy or sell stocks, March 4 -- The Indian stock market is likely to remain under sustained selling pressure as global risk appetite deteriorates following the widening Israel-US-Iran war across the Middle East. Disruptions to trade flows through the Strait of Hormuz, driven by heightened security risks and rising insurance restrictions, have triggered a sharp surge in crude oil prices, amplifying inflation and supply concerns.

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment is weak. The Prabhudas Lilladher expert said the Nifty 50 index has crucial support placed at 24,500. Breaking below this support would mean further sell-off in the Indian stock market.

Speaking...