We report results of calculations on the Hanle effect in a J=0\ensuremath{\leftrightarrows}J=1 atomic transition with three types of model fluctuating light fields: (a) the Brownian-motion phase-diffusion field, as produced in recent experiments by Arnett et al. [Phys. Rev. A 41, 2580 (1990)]; (b) Gaussian amplitude fluctuations; and (c) the chaotic field model, in which real and imaginary parts of the electric-field amplitude fluctuate. For the stochastic density-matrix equations, we use methods developed by Zoller and co-workers [e.g., Dixit, Zoller, and Lambropoulos, Phys. Rev. A 21, 1289 (1980)] employing the Fokker-Planck operator and leading to matrix continued-fraction expansions. The Hanle effect is of interest as a prototype for multisublevel atomic transitions. The width of the Hanle dip at zero magnetic field reflects the tendency of the light field to preserve the coherence between excited-state sublevels. For monochromatic light, the Hanle dip width increases as the square root of light intensity. When the laser bandwidth increases, power broadening of the coherence dip normally decreases. However, with the Brownian-motion phase-diffusion model, if the laser spectral profile is nearly Gaussian, broadening the laser up to several times the natural width of the atomic line does not diminish the Hanle dip width. With amplitude fluctuations, even in the limit of monochromatic light, power broadening of the Hanle dip with intensity is reduced by one-third to one-half depending on the particular model.