New Delhi, June 13 -- Following weak global cues amid the rising Israel-Iran conflict, the Indian stock market witnessed sharp selling pressure on Thursday. The Nifty 50 index crashed 253 points and closed at 24,888, the BSE Sensex nosedived 823 points and ended at 81,691, while the Bank Nifty index finished 377 points lower at 56,082. A sharp fall in US market futures and escalating tensions in West Asia weighed down investor sentiment. Trading volumes on the NSE cash market were down by 7% compared to Wednesday.

Apollo Hospital, Asian Paints, and Bajaj Finserv were among the major gainers on the Nifty, showing some resilience. Conversely, Tata Motors, Trent, and Titan faced significant selling pressure and became major losers.

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