The Indian market ended negative on Tuesday, dragged by banking, realty and energy stocks. Q4 earnings and concerns of the US-China trade war intensifying dragged the sentiment. Nifty50 ended below 11,500 for the first time since March 27, 2019.

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Meanwhile, the broader Asian markets inched up from five-week lows but remained fragile on worries that US-China trade talks would be derailed.

The Sensex settled 324 points lower at 38,277, while the Nifty50 lost 100 points to end at 11,498. The broader markets were also under pressure with Nifty Midcap and Nifty Smallcap indices ending 1 percent lower.

HUL, Bharti Infratel, L&T, Hindalco, and Wipro were among the major gainers on Nifty50, whereas Tata Motors, Zee, ICICI Bank, JSW Steel, and Reliance led the losses.

All sectoral indices, except Nifty IT, ended the day in the red. Nifty PSU Bank index was the worst performing sector, down over 2 percent, followed by Nifty Realty, which fell 1.2 percent. Nifty Bank and Nifty Private Bank indices were also down over 1 percent each.

Nifty Metal also fell over 1 percent at the close after a 2 percent drop on Monday led by losses in SAIL, JSW Steel, JSPL and Hind Zinc, down between 1.5-3.5 percent. Vedanta also lost 1.5 percent ahead of its Q4 earnings.

Nifty Energy slipped 1.6 percent as oil prices fell, pressured by concerns of the escalating US-China trade dispute. BPCL, Reliance, HPCL, and IOC were down between 2-3.5 percent.

Marico gained 6 percent after the FMCG major posted over two-fold increase in consolidated net profit at Rs 405 crore for the fourth quarter, aided by one-time write-back of tax provisions.

ICICI Bank fell nearly 4 percent after it reported a 50 percent decline in standalone PAT at Rs 3,363 crore for FY19 as compared to Rs 6,777 crore in the last fiscal.

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