Indian stock market, May 11 -- After a phase of consolidation, Indian stock markets saw a significant downturn as rising geopolitical tensions between India and Pakistan heightened market volatility and prompted a move toward safer assets.

The Nifty 50 ended the week at 24,008.00, falling by 1.39%, while the BSE Sensex closed at 79,454.47, down 1.30%.

"The Nifty opened with a gap-down amid rising tensions between India and Pakistan, leading to a weak start and persistent pressure throughout the session. The index ended 1.1% lower at 24,008. Broader markets also slipped, with the Nifty Midcap100 and Smallcap100 falling 0.1% and 0.6%, respectively. Meanwhile, Foreign Institutional Investors (FIIs) continued their buying streak, with month...