Indian market indexes on Tuesday ended a three-day winning streak by closing down, with losses in banking and consumer durables companies offsetting gains in metals and automobile stocks. Investors were waiting for the March quarter gross domestic product (GDP) statistics, which is  set to be released at 5:30 p.m. today.

The 30-share BSE Sensex fell 359 points, or 0.64 percent, to 55,566, while the wider NSE Nifty dropped 77 points, or 0.46 percent, to 16,585. Mid- and small-cap stocks closed mixed, with the Nifty Midcap 100 falling 0.13 percent and the small-cap index rising 1.24 percent.

The NSE's 15 sector gauges all ended the day in the red. Nifty Bank and Nifty Consumer Durables, for example, underperformed the platform by 0.95 percent and 0.74 percent, respectively.  The highest Nifty loser was Kotak Mahindra Bank, which fell 3.48 percent to Rs 1,837. The laggards included Sun Pharma, HDFC, Reliance Industries, and Shree Cement.

Sun Pharma, Kotak Mahindra Bank, HDFC, Titan, Infosys, SBI, Axis Bank, Reliance, HDFC Bank, L&T, IndusInd Bank, and Bajaj Finance were among the top losers on the 30-share BSE index. On the other hand, M&M, NTPC, PowerGrid, Tech Mahindra, Tata Steel, ITC, ICICI Bank, Wipro, and Asian Paints, all finished in the green.

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