New Delhi, July 14 -- Domestic stock markets opened in the red on Tuesday amid escalating geopolitical tensions and rising crude oil prices, which sparked widespread selling by investors.

The BSE Sensex fell by 524.12 points, or 0.68 per cent, to stand at 77,092.28 points. Similarly, the broader NSE Nifty 50 shed 145.20 points, representing a decline of 0.60 per cent, to trade at 24,065.80 points.

At the time of reporting, the commodities traded higher, with Brent Crude rising 1.88 per cent (+ USD 1.56) to USD 84.86 per barrel and Crude Oil climbing 2.24 per cent (+USD 1.75) to settle at USD 79.89 per barrel. Meanwhile, gold jumped by 0.34 per cent (+USD 13.49) to trade at USD 4,015.28.

Market experts pointed out that internal support ...