Indian stock market, March 15 -- Over the week, the Indian stock market experienced a sharp correction, with both the BSE Sensex and the Nifty 50 recording steep losses amid rising geopolitical tensions and a spike in energy prices.

The conflict in West Asia escalated after Ali Khamenei indicated that the Strait of Hormuz should remain closed, heightening concerns over potential disruptions to crude oil and LNG supplies.

This development weakened risk sentiment, further pressured by a depreciating rupee and continued foreign fund outflows. As a result, the Sensex dropped 4,354.98 points, or 5.52%, to end at 74,563.92, while the Nifty 50 declined 1,299.35 points, or 5.31%, to close at 23,151.10, marking one of the sharpest weekly decline...