New Delhi, Oct. 8 -- The Indian stock market suffered heavy losses in Thursday's trade, September 8, in a broad-based sell-off, dragging the key indices down nearly 2% as investor sentiment was hit by a sharp jump in crude oil prices and surging global bond yields and.

Investors now appear increasingly concerned about the outlook for inflation and economic growth, given elevated crude oil prices and the RBI's recent 25-basis-point rate hike, which has raised fears that the central bank could maintain a tighter monetary policy stance or resort to further rate hikes if inflationary pressures persist.

Domestic equities opened the session lower, and selling accelerated in the first half of the session, which deepened through the close, wipi...