New Delhi, July 22 -- The sell-off in the Indian stock market intensified further in Wednesday's session (22 July) as tensions in the Middle East showed no signs of easing, keeping crude oil prices elevated. Investor sentiment was also weighed down by concerns over potential US tariffs on pharmaceutical exports.

Although the Nifty 50 opened the session with modest losses, selling pressure intensified as the day progressed, dragging the index 0.77% lower to close at 24,000. At its intraday low, the benchmark had declined nearly 1%. The S&P BSE Sensex fell 0.95% to end the session at 76,732.

The broader markets, which had outperformed the benchmark indices in recent sessions, also came under pressure. Both the Nifty Midcap 100 and Nifty S...