Business

Sensex, Nifty End Lower Ahead Of Inflation Data And Tariff Concerns

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%).

Top Losers and Gainers

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.

Sectoral Performance

Most sectoral indices faced selling pressure.

  • Nifty Financial Services dropped 270 points (1.02%)
  • Nifty Bank declined 467.05 points (0.84%)
  • Nifty FMCG fell 275 points (0.50%)

However, Nifty IT and Nifty Auto managed to close in green.

Broader Market Reaction

The broader indices showed a mixed trend.

  • Nifty Next 50 and Nifty Smallcap 100 closed flat
  • Nifty Midcap 100 slipped 154 points (0.27%)
  • Nifty 100 declined 86 points (0.34%)

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.

Also Read: Elon Musk Accuses Apple Of Favouritism Towards OpenAI; Threatens Legal Action

Purnima Mishra

Recent Posts

Hema Malini Mourns The Loss Of Zarine Khan, Mother Of Sussanne And Zayed Khan

Bollywood mourns the loss of Zarine Khan, mother of Sussanne and Zayed Khan, with Hema…

47 mins ago

Kiren Rijiju Reaches Saudi Arabia To Sign Bilateral Haj Agreement And Review 2026 Preparations

Union Minister Kiren Rijiju arrives in Saudi Arabia to sign the Bilateral Haj Agreement and…

2 hours ago

Gazipur Literature Festival 2025 Opens With Grandeur; LG Manoj Sinha Calls Literature The ‘Soul Of Society’

Gazipur Literature Festival 2025 opens with grandeur. LG Manoj Sinha calls literature the ‘soul of…

2 hours ago

PM Modi Hails Record Voter Turnout In Bihar; Criticises RJD-Congress Over ‘Jungle Raj’

PM Modi praises Bihar voters for supporting development, attacks RJD-Congress over governance record, and links…

3 hours ago

PM Modi Engages With Students Aboard Vande Bharat Train In Varanasi

Prime Minister Modi interacts with students aboard the Vande Bharat Express in Varanasi, highlighting infrastructure…

3 hours ago

Gazipur Literature Festival 2025 Celebrates Heritage, Culture, And Intellectual Dialogue

Gazipur Literature Festival 2025 inaugurated with a focus on culture, literature, and dialogue, highlighting the…

4 hours ago