On Tuesday, domestic stock markets showed resilience, with the Nifty 50 rising 11.30 points (0.05%) to close at 24,364.85. The gains were primarily driven by heavyweights State Bank of India and ICICI Bank, which played a significant role in the benchmark indices' performance. Despite this, analysts caution that the Nifty faces resistance at 24,500, and a failure to surpass this level may raise doubts about the current rally. Support is noted at 24,270. Meanwhile, the volatility gauge India VIX increased by 9.21% to 18.79, reflecting market uncertainties. In the US, the S&P 500 and Nasdaq retreated from record highs due to renewed tensions with Iran, impacting investor sentiment. European markets also traded negatively, with major indices showing declines. Notably, 199 stocks reached their 52-week highs, while 31 stocks fell to their lows, indicating mixed market sentiment. Overall, the market breadth remained negative, with more stocks declining than advancing.