New Delhi, June 13 -- the Indian stock market experienced a broad-based decline on Thursday, following the weakness in global markets due to escalating geopolitical tensions, persistent concerns over tariffs, and a weakening outlook for global economic growth.

The Sensex fell by 823 points, or 1 per cent, closing at 81,691.98, while the Nifty 50 slipped 253 points, or 1.01 per cent, to end at 24,888.20. The BSE Midcap and Smallcap indices also declined, registering losses of 1.52 per cent and 1.38 per cent, respectively.

Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned weak as the Nifty 50 index has broken below 25,000.

Speaking on the outlook of Indian stock market, Bagadia s...