Indian stock markets extended losses for a second straight session on May 12 as escalating West Asia tensions, surging crude oil prices, weak rupee, and persistent FII selling dragged Sensex down 1,456 points and Nifty below 23,400, triggering broad-based sectoral weakness

Indian stock markets ended sharply lower as rising crude oil prices, weak rupee sentiment and continued FII selling weighed on investor confidence. The Sensex plunged 1,313 points while the Nifty slipped below 23,900 amid Gulf region tensions