New Delhi, March 6 -- The Indian stock market resumed its downward march on Friday, March 6, with the Nifty 50 falling almost 1% to an intraday low of 24,575, and the Sensex falling over 600 points, or nearly 1%, to the day's low of 79,395.

Persisting concerns over the US-Iran war and its macroeconomic fallout due to crude oil price surge are keeping investors nervous.

"As the war continues to rage and uncertainty looms large, markets will be influenced by the crude prices," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, noted.

Vijayakumar, however, added that even though crude has spiked by about 16% since the war began, this is not among the major spikes seen in crude during earlier geopolitical crises.

"Th...