Stock market today, Aug. 13 -- The Indian stock market continued their downward trend on Wednesday, with the Nifty 50 ending at 24,435, a decline of 35 points, or 0.15%. The weakness came amid escalating geopolitical tensions in the Middle East, a fresh rise in crude oil prices and selling pressure across Tata Group stocks.

The market is likely to open in red as trends in the Gift Nifty index signalled a negative opening on Thursday, 13 August. Gift Nifty was trading near the 24,446.5 mark, down over 24 points from the previous close of Nifty futures.

"Indian equity markets are expected to open on a cautious note, with GIFT Nifty futures hovering just above the 24,400 mark compared with the Nifty's previous close of 24,435, pointing to ...