Stock market update: Sensex drops 100 points, Nifty slips below 24,350

Indian stock markets started on a cautious note on Tuesday, with the Sensex falling by 100 points and the Nifty slipping below 24,350. Notably, HDFC Bank shares saw a 2% decline. The broader markets, however, showed resilience with gains in the MidCap and SmallCap indices. Additionally, several stocks are set for inclusion in the MSCI India Index following the August review.