New Delhi, Feb. 20 -- The domestic stock market suffered heavy losses on Thursday, February 19, amid profit-booking across segments.

The Sensex ended 1,236 points, or 1.48%, lower at 82,498.14, while its 50-stock counterpart, the Nifty 50, settled at 25,454.35, losing 365 points, or 1.41%.

"Markets weakened on Thursday, snapping the recent run of gains as profit booking and broader risk-off sentiment resurfaced," Ajit Mishra, SVP of Research at Religare Broking, noted.

"Sentiment deteriorated primarily due to a sharp surge in crude oil prices amid lingering geopolitical tensions between the US and Iran. In addition, mixed global developments and concerns around upcoming macroeconomic data dampened investor confidence. The absence of an...