Buy or sell stocks, July 22 -- The Indian stock market closed in the red on Tuesday, July 21, with benchmark indices, the Sensex and the Nifty 50, declining for a second straight session as mounting tensions in the Middle East and a rise in crude oil prices continued to dampen investor sentiment.

The Sensex fell 238 points, or 0.31%, to settle at 77,470.11, while the Nifty 50 slipped 51 points, or 0.21%, to close at 24,187.70.

Nifty 50 opened at 24,216 on a weak note and fell to an intraday low of 24,135 during the first half of the session. Buying interest emerged near the previous day's low, helping the benchmark recover steadily through the latter half of the session. The index eventually closed at 24,187 with -0.21%, trimming most o...