Final Trade: Sensex halts 4-day winning run amid selling pressure in HDFC Bank, ICICI Bank

Domestic equity benchmarks ended a choppy session largely flat on Tuesday as weakness in select financial heavyweights like HDFC Bank and ICICI Bank offset gains in IT and energy shares. Tuesday's pause broke a near-one way, four-day rally that made investors wealthier by Rs 11.9 lakh crore. Globally, investors pinned hopes on trade talks between top representatives from the US and China were set to enter a second day in London, following an ongoing trade dispute that has created ripples across markets over the past few weeks.    

Here are 10 things to know about the current juncture on Dalal Street: 

Closing Bell | Sensex, Nifty50 and Nifty Bank

• The Sensex declined 53.5 points, or 0.1 per cent, to end at 82,391.7 while the Nifty50 settled at 25,104.3, up 1.1 point from its previous close.
• The Nifty Bank—whose 12 constituents are stocks of the strongest lenders in the country, including SBI and HDFC Bank—declined 210.5 points, or 0.4 per cent, to settle at 56,629.1.

Share Market Update | Top gainers, losers & movers

• Trent, Maruti Suzuki, Tata Steel and the Bajaj twins, closing between 1.0 per cent and 1.7 per cent lower, were the worst hit among the Nifty50 losers. 
• On the other hand, Grasim, Tech Mahindra, Dr Reddy's Labs, Tata Motors and HCLTech, rising between 1.4 per cent and 3.7 per cent for the day, were the top gainers in the blue-chip basket.
• Selling pressure in index heavyweights such as HDFC Bank, ICICI Bank and Reliance weighed on both indices. On the other hand, buying interest in stocks like Infosys, TCS and ITC lent some support to the market, helping the indices avoid deeper cuts. 
• Among NSE's sectoral indices, the Nifty IT rose 1.7 per cent while the Nifty PSU Bank declined 0.5 per cent.  

Investor wealth and more

• At the end of Tuesday's trade, investors lost Rs 34,647 crore in wealth as the market capitalisation (mcap) of BSE-listed companies slipped to Rs 455.4 lakh crore, according to provisional exchange data. In the past four straight sessions, the total market value had swelled by Rs 11.9 lakh crore from Rs 443.2 lakh crore. 

Broader Markets & More | Midcap and smallcap stocks 

• The Nifty Midcap 100 and Nifty Smallcap 100 ended up to 0.1 per cent higher, reflecting a cautious trend in the broader market. Overall market breadth was mildly positive at the closing bell, with an advance-decline ratio of 6:2 as 2,232 stocks rose while 1,805 declined on BSE.  

FII & DII fund flows

• Two back-to-back days of inflows brought down the month's FII outflows to Rs 1,573 crore while DII inflows stood at Rs 29,017 crore, according to provisional exchange data. From March to May, FIIs remained net purchasers in each month, with their total buys amounting to Rs 16,522 crore in the cash market while DII inflows stood ta Rs 1,33,456 crore. 

Global markets

• European shares began the day on a muted note, with the pan-continental Stoxx 600 index trading 0.1 per cent lower towards the end of morning deals. The UK's FTSE 100 index was up 0.4 per cent, while France's CAC was flat and Germany's DAX down 0.6 per cent. Dow Jones Industrial Average futures were down 0.1 per cent, indicating a sluggish opening later in the day on Wall Street.