The Indian stock market extended losses on Wednesday, with benchmark indices Sensex and Nifty falling up to 0.6% as oil prices jumped on renewed escalations in the Iran-US conflict.
Sensex dropped over 550, while Nifty 50 fell below 24,250 during Wednesday's trading session. Broader markets also slipped into the deep red, with Nifty Midcap 100 and Nifty Smallcap 100 indices falling around 0.5% each.