On Tuesday, Indian equity markets closed lower amid rising geopolitical tensions related to the US-Iran conflict and surging oil prices. The Nifty 50 index settled at 23,995.70, reflecting a decline of 0.4%. Analysts noted that the index formed a small-bodied candle with a prominent upper wick, indicating selling pressure at higher levels. Immediate support for Nifty is positioned between 23,800 and 23,850, with potential downward movement towards 23,650 if this support is breached. Conversely, resistance is seen in the 24,200–24,250 range. The Bank Nifty index also underperformed, with immediate support between 54,800 and 54,900. Investor sentiment remains cautious due to ongoing geopolitical developments and foreign fund outflows, with attention turning to the upcoming US Federal Reserve policy decision for further market direction.