Sensex, Nifty open lower; IndiGo, Axis Bank, UltraTech Cement top losers 

Stock market today: Benchmark indices Sensex and Nifty opened lower on Tuesday amid weak global cues.  In Asia, Hang Seng was down 158 pts, and Nikkei was closed on account of Mountain Day. Overnight US market ended lower.

Meanwhile, Sensex fell 330 pts to 78,212 and Nifty slipped 95 pts to 24,488. Market cap of BSE listed firms stood at Rs 494.17 lakh crore. Stocks such as HCL Tech, Titan, Tech Mahindra, Infosys, TCS and BajajFinserv were the Sensex gainers today, rising up to 1.11%.

IndiGo, Axis Bank, UltraTech Cements and Bharti Airtel were the top Sensex losers, falling up to 1.72%.

Brent crude oil prices were trading below the $90 per barrel mark.

Rajesh Palviya, Head of Research, Axis Direct said, "The market undertone remains subdued with a persistent cautious bias as long as the Nifty trades below the 24,700–24,730 resistance zone, which has repeatedly capped upward momentum. A decisive breakout above this hurdle could clear the path toward 24,850. On the downside, immediate support is placed at 24,500–24,450; a breach of this band risks exposing the index to 24,300 levels. That said, any tangible diplomatic progress regarding the Strait of Hormuz could quickly deflate the crude risk premium and trigger a sharp relief rally."

Previous session 

The Nifty closed at 24,583.80, up 13.15 points or 0.05%, while the Sensex gained 43.27 points or 0.06% to 78,542.44.