Mumbai, Aug. 31 -- Key equity benchmarks ended lower on Monday, with the Nifty slipping below 24,100 as renewed US-Iran tensions, higher crude oil prices and weak global cues weighed on sentiment. The selloff was broad-based, although private bank and healthcare stocks provided some support. Media and metal stocks were among the biggest losers. Zee Entertainment plunged over 7% after reports that lenders plan to challenge the NCLT-approved repayment plan involving Essel Group founder Subhash Chandra.

Crude oil remained a key macro risk as renewed US-Iran military tensions raised concerns over potential disruption to supplies through the Strait of Hormuz. Higher oil prices could increase India's import bill and inflationary pressures, whi...