India’s BSE Sensex edged lower about 0.1% to 77,599, following losses in the previous session as investors remained cautious amid rising crude oil prices and renewed geopolitical tensions in the Middle East. The benchmark index later edged lower, weighed down by HDFC Bank, the heaviest stock on the benchmarks, which fell another 1.1% after tumbling 5.1% on Monday, its biggest one-day decline in four months. The HDFC Bank extended losses after delaying the renomination process for CEO Sashidhar Jagdishan pending an independent board review before a submission to the Reserve Bank of India. Among individual stocks, MTAR (-5.0%), Rallis (-2.7%), Kalyan Jewellers (-2.0%), and HDFC Bank (-1.1%) declined. On the upside, Karur Vysya (7.4%), Diamond Power (7.3%), Bhansali Engineering (6.9%), Action Construction Equipment (6.8%), and Jaiprakash Power (6.1%) posted strong gains.