Sensex drops over 200 points, Nifty slips below 24,550; IT and realty stocks drag markets lower.

Indian benchmark indices traded in negative territory on Tuesday, with the Sensex shedding over 200 points and the Nifty 50 slipping below 24,550, as investors remained cautious after Monday's late-session rally following the implementation of the new Closing Auction Session (CAS) framework. Selling pressure was widespread across sectors, keeping overall market sentiment subdued. Realty, IT, and cement stocks emerged as the biggest laggards, while banking, FMCG, pharma, and healthcare stocks also witnessed declines. Meanwhile, metal stocks outperformed the broader market, with select chemical counters showing relative strength despite the weak market trend. Investment in securities market are subject to market risks. Read all the related documents carefully before investing