Top losers in the Sensex pack in early trade included Yes Bank, TCS, Tech Mahindra, PowerGrid, Infosys, Axis Bank, ITC and IndusInd Bank, falling up to 2.22 per cent.
Among the Sensex stocks, HDFC emerged as the top gainer, rising by 2.06 per cent, followed by Axis Bank, Maruti, Reliance, Power Grid and Tata Steel.
The index finally settled at 40,445.15, down 334.44 points or 0.82 per cent. Likewise, the 50-share Nifty shed 96.90 points or 0.81 per cent to settle at 11,921.50.
On the Sensex chart, Bharti Airtel, Tata Steel, IndusInd Bank, HeroMoto Corp and Tata Motors were among the major laggards.
The 50-scrip NSE Nifty closed 43.10 points or 0.36 per cent higher at 12,037.30. Among the Sensex stocks, Tata Motors emerged as the top gainer, rising by 7 per cent.
Exchange data showed foreign institutional investors (FIIs) sold equities worth Rs 1,131.12 crore on Tuesday.
Bajaj Auto, TCS, Kotak Bank, Infosys and HDFC were among the major gainers on Tuesday.
Traders said that the fresh trade war tensions along with unabated foreign fund outflows weighed heavily on the market sentiments.
On the Sensex, Bharti Airtel emerged as the biggest gainer, followed by Reliance, Asian Paints, Kotak Bank and IndusInd Bank, rising up to 4.17 per cent.
Yes Bank was the top loser in the Sensex pack, shedding 2.50 per cent, followed by Hindustan Unilever, Mahindra & Mahindra, SBI, Tata Motors and Vedanta.
While Reliance Industries hit Rs 10 lakh crore m-cap, Nifty closed 50.45 points higher at 12,151.15.
Sensex rises by almost 200 points to end at new life-time high, Nifty also scores fresh closing peak
While Yes Bank rallied over 7 per cent, banking, IT and auto stocks saw heavy buying by foreign investors.
Yes Bank was the top gainer in the Sensex pack rallying up to 5 per cent, followed by Tata Motors, M&M, HDFC, HDFC Bank, Maruti, IndusInd Bank, Vedanta and TCS.
Govt moves, including corporate tax cuts, privatisation push, driving investors
While Nifty stayed above the 12000-mark, Bharti Airtel was the top loser in the Sensex pack, dropping 4.34 per cent folowed by PowerGrid, Sun Pharma and Mahindra & Mahindra.