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Indian shares ended Tuesday’s session lower due to ongoing trade concerns and renewed foreign fund outflows. <\/p>\n
The announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fuelled expectations of a potential end to sanctions limiting supply of Russian oil to other markets<\/span>.<\/p>\n However, Trump downplayed expectations for the meeting in Alaska, saying he would confer with Ukraine and European leaders after the sitdown, adding it would be “really a feel-out meeting.”<\/p>\n Investors also awaited July’s domestic inflation data and a key U.S CPI inflation report for additional clues on the interest-rate outlook. <\/p>\n Global cues were mixed as the United States and China confirmed a 90-day extension of their trade truce, as expected. This keeps tariffs steady until November.<\/p>\n The benchmark BSE Sensex fell 368.49 points, or 0.46 percent, to 80,235.59 after climbing 0.9 percent on Monday. <\/p>\n The broader NSE Nifty index dropped 97.65 points, or 0.40 percent, to 24,487.40. The BSE mid-cap index dipped 0.3 percent while the small-cap indexe finished marginally higher. <\/p>\n The market breadth was strong on the BSE, with 2,065 shares rising while 1,977 shares declined and 162 shares closed unchanged. <\/p>\n Among the prominent decliners, Kotak Mahindra Bank, BEL, ICICI Bank, Bajaj FinServ, Eternal, HDFC Bank, Hindustan Unilever, Trent and Bajaj Finance lost 1-3 percent.<\/p>\n Automakers and IT stocks witnessed good amount of buying, with Maruti Suzuki India, Mahindra & Mahindra and Tech Mahindra all rising around 2 percent. <\/p>\n<\/p>\n<\/div>\n