Indian equity benchmarks closed lower on Tuesday, with the Nifty 50 settling down 0.73% and the Sensex shedding 0.72%.

Indian benchmark indices ended sharply lower on Tuesday as escalating Middle East tensions and surging crude oil prices triggered broad-based selling.

The Sensex dropped 553 points in early trade.

Indian equity markets experienced a significant decline in early trade, with the benchmark Sensex dropping 553 points.

Indian equity benchmarks closed lower on Tuesday, with the Nifty 50 settling down 158 points or 0.73% and the Sensex closing down 561 points or 0.72%.

Indian equity benchmarks closed lower on Tuesday, with the Nifty 50 settling at 24,035.15, down 0.73%, and the Sensex closing at 77,054.94, shedding 0.72%.

The Sensex fell 561 points and the Nifty slipped below 24,100, snapping a three-day winning streak.