New Delhi, March 16 -- The domestic benchmark indices, Sensex and Nifty 50, faced selling pressure for the third consecutive day on Friday as rising crude oil prices heightened concerns over inflation and global economic stability amid the escalating conflict in West Asia.

Significant selling in global markets, ongoing foreign fund exits, and a persistent weakness in the rupee also negatively impacted investor sentiment.

On Friday, March 13, Sensex closed at 74,563.92, down 1,470.50 points, or 1.93%. The Nifty 50 fell by 488.05 points, or 2.06%, finishing at 23,151.10.

Throughout the week, the BSE benchmark Sensex declined by 4,354.98 points, or 5.51%, while the Nifty 50 decreased by 1,299.35 points, or 5.31%.

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