The Indian stock market faced a decline for the second consecutive session, with the benchmark indices Sensex and Nifty 50 falling by 0.66% and 0.62%, respectively. Key factors influencing market movements this week include escalating tensions between the US and Iran, particularly regarding the Strait of Hormuz, and fluctuations in crude oil prices, which recently saw Brent crude settle at $101.29 per barrel. The earnings season is also in focus, with over 400 companies set to release their Q4 results for the period ending March 21, 2026. Additionally, the Indian rupee weakened against the US dollar, closing at 94.47, as geopolitical tensions weighed on investor sentiment. Foreign institutional investors have been net sellers, offloading equities worth ₹4,111 crore while domestic institutional investors purchased shares valued at ₹6,748 crore. The market outlook remains uncertain, heavily influenced by geopolitical developments and crude oil price movements.