Indian equity benchmarks closed lower on Tuesday, extending a two-day decline as investors remained cautious amid escalating geopolitical tensions in the Middle East.

The BSE Sensex fell 238 points, or 0.31%, to settle at 77,470.11.

53%, suggesting a rotation toward domestic-focused names less exposed to global supply chain disruptions.

The NSE Nifty 50 index dropped 51 points, or 0.21%, to close at 24,187.70.

The sell-off was concentrated in large-cap stocks, while smaller companies showed relative resilience.

The Nifty Midcap 100 index rose 0.30%, and the Nifty Smallcap 100 climbed 0.53%, suggesting a rotation toward domestic-focused names less exposed to global supply chain disruptions.

This marks the second consecutive session of losses for Indian markets.