Indian equity markets ended lower on Tuesday as fading hopes of an early agreement to reopen the Strait of Hormuz pushed crude oil prices higher, weighing on global risk sentiment, the rupee and domestic equities.
The Nifty50 settled 112.10 points, or 0.46%, lower at 24,471.70, while the Sensex ended at 78,154.25, down 388.19 points, or 0.49%.
