Stock market today, June 24 -- Indian equities witnessed a sharp selloff on Tuesday, 23 June, with broad-based weakness dragging the benchmark indices significantly lower.

The BSE Sensex tumbled 893.39 points, or 1.16%, to end the session at 76,200.68, while the NSE Nifty 50 declined 278.80 points, or 1.16%, to close at 23,824.10.

However, the market is likely to see muted opening as trends in the Gift Nifty index signalled a cautious undertone on Wednesday, 24 June. Gift Nifty was trading near the 23,874 mark, up over 21 points from the previous close of Nifty futures.

"Indian equity markets are expected to trade with a cautious undertone as improving sentiment stemming from progress in the US-Iran peace negotiations is being offset b...