India's BSE Sensex closed about 0.5% down at 80,235. 6 after a volatile session on Tuesday, reversing Monday's 0.9% advance, as losses in financials outweighed gains in autos, tech, pharma and metals stocks. Meanwhile, market sentiment remained cautious ahead of domestic and US inflation data for July, which could guide future central bank policy decisions. India’s July inflation was seen at an eight-year low of 1.76%, slipping below the RBI’s 2%–6% tolerance band for the first time in over six years. Investors also monitored geopolitical developments ahead of a planned meeting between US President Trump and Russian President Putin, aimed at negotiating an end to the war in Ukraine. Meanwhile, trade developments remained in focus after US and China extended their tariff truce by 90 days. Among individual stocks, Bajaj Finance, Trent, Hindustan Unilever, Eternal, HDFC Bank and Bajaj Finserv led the losses. Maruti Suzuki, Tech Mahindra, and Mahindra & Mahindra were the top performers.