Indian equity benchmarks closed marginally higher on Tuesday, reflecting investor caution ahead of the US tariff deadline set for July 8.
The Sensex rose by 90.83 points to close at 83,697.29, while the Nifty added 24.75 points to finish at 25,541.80. Gains were tempered as markets awaited clarity on a possible India-US trade deal and upcoming US economic indicators.
Top performers on the Sensex included BEL (+2.51%), Asian Paints, Kotak Mahindra Bank, Infosys, and Titan. Meanwhile, Axis Bank, Trent, Tech Mahindra, and ICICI Bank were among the laggards.
Broader markets displayed mixed trends: Nifty Midcap100 ended flat, while Nifty Smallcap100 dipped 0.10%. Sectorally, PSU Banks, Metals, Oil &amp; Gas, and Pharma closed higher, but Auto, IT, and FMCG saw declines.
The India VIX dropped 2.01% to 12.5, signalling easing volatility. Meanwhile, gold prices surged&mdash;with Comex up $30 and MCX Gold rising ₹1,200&mdash;on the back of a weaker dollar.
The rupee strengthened by 0.28%, closing at 85.51, aided by subdued crude oil prices and a soft dollar.
Market sentiment remains optimistic ahead of the US jobs data and other key economic reports.
[Except for the headline, this article has not been edited by the Benefit News editorial team and is published directly from the IANS news feed.]
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Markets End Flat with Mild Gains Amid US Tariff Deadline Concerns

Sensex and Nifty hold steady as investors tread cautiously ahead of potential India-US trade developments and key US economic data.

Markets End Flat with Mild Gains Amid US Tariff Deadline Concerns

Sensex and Nifty hold steady as investors tread cautiously ahead of potential India-US trade developments and key US economic data.

July 1, 2025 | 21:50 IST