Sensex drops 200 points, Nifty falls below 24,150 as US announces harsher sanctions against Iran. What lies ahead?
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Indian equities extended losses on Tuesday, with Sensex falling 200 points to below 77,150 and Nifty declining 83 points to 24,136. HCL Tech and Tech Mahindra led losses, while Trent gained. Metal and IT stocks weakened, though market breadth turned positive. Analysts see Nifty rangebound, with support at 24,150 and resistance at 24,500.
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