The Indian stock market closed in the deep red on Tuesday, with Sensex and Nifty falling up to 0.7% as tensions in the Middle East escalated, driving up oil prices.
Sensex dropped 561 points to 77,055, while Nifty 50 dropped 159 points to 24,052 on Tuesday. The broader market also edged lower, with Nifty Smallcap 100 and Nifty Midcap 100 indices dropping up to 1%.
