Sensex falls 479 points, Nifty closes under pressure as fading US-Iran peace hopes hit markets

Mumbai [India], May 26 (ANI): Domestic equity markets closed lower on Tuesday as investor sentiment weakened sharply after renewed US military operations involving Iran dampened optimism surrounding a possible peace agreement in West Asia. The NSE Nifty 50 index closed at 23,913. 70, down 118.