New Delhi, March 13 -- The sell-off in the Indian stock market further intensified in Friday's session, March 13, with key averages falling over 2% and ending at the day's low as rising crude oil prices kept risk-off sentiment elevated, triggering concerns that it could impact corporate earnings and delay interest rate cuts.

Adding to the challenges, overseas investors have remained net sellers in every session in March so far, which has not only kept the market under pressure but also pushed the Indian rupee to multiple record lows against the US dollar, making imports more costly for domestic consumers.

After losing 1% in the previous session, the Nifty 50 dropped another 2.06%, taking its weekly decline to 5.30%, marking the biggest ...