Indian benchmark shares closed lower on Tuesday, pressured by declining information‑technology stocks, while investors stayed wary ahead of the upcoming US‑Iran dialogue in Doha.
The Nifty fell 80.50 points, or 0.34%, to 23,865.75, while the Sensex slipped 249.70 points, or 0.33%, to 76,478.67.
Analysts noted that the 24,000 level now acts as the immediate resistance for the Nifty.
“A steady break above this band would be needed to rekindle bullish momentum and could open the path to a rebound toward the 24,100‑24,200 zone,” said an analyst.
“On the downside, the 23,800 mark stands as the immediate support; staying above it is key to avoid deeper losses and maintain the overall recovery framework,” a market expert added.
Among Sensex constituents, Maruti Suzuki, Titan, Bajaj Finance, Eternal and Adani Ports led the gains.
Conversely, Infosys, TCS, HCL Technologies, Tech Mahindra and Hindustan Unilever were the top decliners on the index.
Although the headline gauges slipped, the broader market outperformed, with the Nifty MidCap index rising 0.37% and the Nifty SmallCap index adding 1.02%.
Sector‑wise, the Nifty IT, Nifty Media and Nifty PSU Bank were the biggest losers, pressured by selling in technology and banking shares.
In contrast, the Nifty Realty, Nifty Consumer Durables and Nifty Chemical indices closed higher, buoyed by sector‑specific demand.
Experts added that investors stayed on the sidelines, awaiting the result of the US‑Iran talks in Doha, while broader geopolitical events kept shaping market mood.
