Market wrap: Top gainers and losers on Nifty and Sensex today

Sensex dropped 238 points to close at 77,470, while Nifty 50 fell 51 points to settle at 24,188 on Tuesday. Broader markets edged higher, with Nifty Midcap 100 and Nifty Smallcap 100 gaining up to 0.6 percent. Analysts noted midcaps are performing well on strong earnings expectations, though elevated valuations and input cost spikes warrant caution amid geopolitical risks and rising crude prices.