Sensex falls over 50 points, Nifty below 24,250 despite Iran-US mediation efforts

Indian stock markets saw marginal losses on Tuesday as Sensex and Nifty traded flat. Broader markets, however, opened with modest gains, bucking the overall trend. Mediation efforts between Iran and the US led to a dip in oil prices below $90 per barrel. Analysts suggest crude oil prices and banking sector earnings will guide market direction. Geopolitical developments and regional tensions remain key factors influencing market sentiment.