The Indian benchmark indices closed lower on Tuesday as investors stayed cautious ahead of the release of July inflation data from both domestic and US sources, while concerns over global trade tariffs weighed on sentiment.
The Sensex ended the session at 80,235.59, down 368.49 points (0.46%). The 30-share index opened in negative territory at 80,508.51 against the previous close of 80,604.08, and traded in a narrow range amid heavy volatility.
The Nifty 50 settled at 24,487.40, down 97.65 points (0.40%).
Among the Sensex constituents, Bajaj Finance, Trent, Hindustan Unilever, HDFC Bank, Bajaj FinServ, BEL, ICICI Bank, Kotak Bank, and Reliance were the top losers.
On the other hand, Maruti Suzuki, Tech Mahindra, Mahindra & Mahindra, NTPC, Sun Pharma, Tata Steel, and Titan ended the session in positive territory.
Most sectoral indices faced selling pressure.
However, Nifty IT and Nifty Auto managed to close in green.
The broader indices showed a mixed trend.
Market volatility mirrored global trade concerns following the extension of the US–China tariff truce. Investors awaited US CPI data and domestic inflation numbers for fresh policy cues.
Vinod Nair, Head of Research at Geojit Financial Services, noted:
“US inflation figures, if showing tariff-related impact, could influence the Fed’s policy stance. Domestic inflation is expected to remain within the RBI’s comfort range. In the near term, stock-specific movements may dominate, with investors focusing on consumption-driven sectors to navigate volatility.”
The rupee traded flat near 87.70, while the dollar index hovered around 98.30 with a slight upward bias.
Firm crude oil prices continued to pressure the currency, as traders awaited US CPI data later in the evening for further direction.
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