Twenty six stocks on the 50-scrip index, Nifty, finished in the negative zone Domestic stock markets closed lower on Tuesday tracking weakness in Asian peers, amid concerns whether China and the US will be able to resolve trade differences.
BSE benchmark index Sensex shed 106 points to end at 36,134 and the NSE Nifty finished at 10,869, down 14 points from the previous close.
Losses in banking, financial services and FMCG stocks pulled the markets lower, however advances in IT stocks kept the downside in check.
Investors turned cautious ahead of the central bank bi-monthly policy statement due on Wednesday.
Top laggards on the 50-scrip index were Sun Pharma, Mahindra Mahindra, Grasim Industries, HDFC and State Bank of India (SBI), finishing between 1.5 per cent and 2.7 per cent lower.