Indian equity markets extended their decline on Wednesday, with the Nifty 50 settling at 24,435, down 35 points, or 0.15%, amid heightened geopolitical tensions in the Middle East, a renewed spike in oil prices and selling pressure in Tata Group stocks.
The benchmark index remained under pressure through the first half of the session, forming a lower-high and lower-low pattern before finding support above the 24,250 zone. A modest recovery towards the close helped the index pare some losses, but the rebound was not strong enough to alter the near-term cautious setup.
