Sensex slips 151 pts, Nifty below 23,200 as US-Iran tensions, IT & defence selloff weigh on sentiment

Equity benchmarks ended on a subdued note on Thursday, erasing intraday gains, as renewed military exchanges between the US and Iran reignited concerns over the durability of the fragile ceasefire, keeping investor sentiment cautious. The BSE Sensex fell 150.63 points or 0.20 per cent to close at 73,832.55, while the Nifty 50 declined 53.35 points or 0.23 per cent to settle at 23,161.60. The broader market remained under pressure, with both midcap and smallcap indices ending lower. Markets witnessed a brief recovery during the session amid easing crude oil prices, but the gains proved short-lived. “Domestic markets witnessed a modest…