New Delhi, June 23 -- The Indian stock market slumped in Tuesday's trade, June 23, tracking weakness across global markets amid a sharp retreat in technology stocks worldwide. The sell-off triggered another wave of weakness in domestic IT shares, while a stronger US dollar weighed on metal stocks and profit-booking in PSU counters further pressured the headline indices.

The market opened the session on a weak note, and selling pressure persisted throughout the day, dragging the Nifty 50 down 1.16% to close below the 24,000 mark at 23,824. The decline marked the index's biggest single-day fall in nearly four weeks.

The BSE Sensex posted a similar decline of 1.28%, while the Nifty Midcap 100 and Nifty Smallcap 100 indices also ended the s...