Why market is down today: Sensex tanks 700 pts, Nifty tests 24,000 on US-Iran news

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BSE Sensex fell 608.91 points or 0.78 per cent to 76,960.48. At a low of 76,857.43, the index was down 712 points. Nifty declined 182.75 points or 0.75 per cent to 24,024.15.