The BSE Sensex remained largely flat, hovering around 81,361 after gains in the prior session, amid lingering uncertainty over US-India trade talks ahead of a looming tariff deadline. Traders continued to monitor developments after President Trump said that India could face tariffs of 20–25%, slightly below the 26% rate announced in April. Caution also stemmed from anticipated Q1 earnings, with major companies like Power Grid and Tata Power scheduled to release their results today. Investors were also awaiting the Fed’s interest rate decision, amid renewed pressure from President Trump for a more accommodative stance. On a positive note, the IMF upgraded India’s GDP forecast to 6.4% for both FY2026 and FY2027. Sector-wise, gains in pharmaceuticals and healthcare were offset by declines in auto and technology stocks. L&T surged 4.4% after reporting a 67% increase in net profit. Asian Paints rose 1.1%, while Tata Motors and ITC fell 3.8% and 0.5%, respectively.