India's BSE Sensex closed about 0.2% down at 82,327.1 on Monday, as investors remained cautious, with focus on Q2 corporate results, domestic CPI inflation, US shutdown and trade uncertainties. IT lagged, consumption and discretionary sectors faced profit booking, and financials drew selective buying on regulatory easing. Meanwhile, President Trump’s threat of a 100% tariff on Chinese goods from November 1 unsettled global markets over the weekend, though he later signaled a more conciliatory stance toward China. In the meantime, there were reports of India and the US ticking to a fall 2025 deadline for the first part of a trade deal between the countries. Among equities, Tata Motors, Infosys, Hindustan Unilever, Bharat Electricals, ITC, and Power Grid were the biggest laggards; while Adani Ports, Bajaj Finance, Bajaj Finserv, Bharti Airtel, Axis Bank and NTPC posted the largest gains.