On Tuesday, the Indian stock market experienced a downturn, with the Sensex falling over 250 points to trade around 77,000 and the Nifty 50 declining by approximately 100 points, dropping below 24,100. This decline was driven by renewed tensions in the US-Iran War, following military actions in the Gulf region. The Indian rupee also fell to a record low of 95.39 per dollar, surpassing the previous low of 95.33. The escalation in the conflict has raised concerns about rising oil prices and inflation, further impacting investor sentiment. Despite the overall decline, broader market indices such as the Nifty Smallcap 100 and Nifty Midcap 100 showed marginal gains. Sector-wise, the Nifty PSU Bank and Nifty Private Bank indices were among the top losers, while Nifty Pharma and Nifty Realty indices experienced slight increases. Oil prices, however, cooled down slightly, with Brent crude futures dropping to $113 per barrel.