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08/07/2025 08:04

India: Stocks Muted in Morning Trade.

The BSE Sensex was nearly flat, trading around 83,461 in early deals on Tuesday, marking its second straight session of muted movement, as traders remained cautious amid uncertainty over US trade policies. Market participants continued to monitor US-India trade negotiations following President Trump's announcement of new tariffs targeting several trading partners. Caution also prevailed ahead of the release of consumer and producer price data from India's top trading partner, China, amid persistently weak domestic demand in the mainland. Investors were also awaiting the release of the Fed’s meeting minutes for guidance on the central bank’s monetary policy path. Gains in the tech, financial services, and banking sectors offset declines in auto and healthcare. Kotak Mahindra surged 3.5% and NTPS rose 1.1%, while Titan plunged 5.2%, and HCL Tech fell 1.0%.