New Delhi, May 11 -- The Indian stock market slumped on Monday, extending losses for the third consecutive session, as broad-based selling intensified amid escalating concerns over the ongoing US-Iran conflict and its potential impact on the domestic economy.

The Sensex crashed 891.66 points, or 1.15%, to 76,436.53, while the Nifty 50 declined 240.60 points, or 1.00%, to 23,935.55.

The latest sell-off was triggered by the absence of any breakthrough in the US-Iran war, after US President Donald Trump and Iran rejected each other's recent peace proposals, keeping geopolitical tensions elevated despite efforts to maintain a fragile ceasefire.

Investor sentiment weakened further after Prime Minister Narendra Modi urged citizens to reduce ...