Sensex slips over 100 pts, Nifty below Rs 24,050 as bank, pharma shares fall; small, midcaps see deeper cuts

Nifty and Sensex opened lower on Tuesday amid bank and pharma weakness, Middle East tensions, rising crude prices and foreign outflows. Broader markets also declined. Analysts expect the Nifty to remain range-bound, supported by strong domestic growth, while elevated US bond yields and geopolitical risks could pressure equities.