New Delhi, June 8 -- The Indian stock market witnessed a sharp broad-based sell-off in Monday's trade, 8 June, as escalating tensions in the Middle East kept crude oil prices elevated, while weak global cues and the unwinding of the global AI-led rally weighed heavily on investor sentiment, dragging benchmark indices down by over 1%.

A strengthening US dollar index and a decline in global base metal prices further pressured metal stocks, with the Nifty 50 ending 1.05% lower at 23,124. The S&P BSE Sensex settled at 73,535, down 0.95% from Friday's close.

The broader markets also witnessed heavy losses, as both the Nifty Midcap 100 and Nifty Smallcap 100 indices ended with cuts of 1.40% and 2%, respectively, indicating widespread weakness...