Sensex sheds 400 pts, Nifty near 24,450 as !UltraTech Cement, I!ndiGo drag

Indian benchmark indices traded lower on Tuesday as optimism over a possible US-Iran agreement weakened, weighing on investor sentiment. The Sensex declined more than 400 points, while the Nifty50 slipped below the 24,500 mark. The Nifty50 was down 135 points, .The Sensex dropped 400 points, Within the Nifty50 pack,

, !Max Healthcare Institute and !UltraTech Cement emerged among the biggest laggards. In the broader market, the Nifty MidCap index was marginally lower by 0.02 per cent, while the Nifty SmallCap index gained 0.32 per cent. Among sectors, Nifty Private Bank and Nifty Cement stocks remained under pressure, whereas Nifty IT and Nifty Pharma indices outperformed the broader market. Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.