The Indian stock market extended losses on Tuesday, with Sensex and Nifty dropping up to 0.3% despite a fall in oil prices following reports of mediation efforts between the US and Iran.
Sensex dropped nearly 238 points to end the session at 77,470, while Nifty 50 dropped around 51 points to close at 24,188 on Tuesday. Broader markets, however, edged higher, with Nifty Midcap 100 and Nifty Smallcap 100 rising up to 0.6% to close in the green.