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Nifty ends flat amid Trump’s tariff uncertainty

07 Jul 2025 Evaluate

Indian equity benchmark -- Nifty -- ended flat amid Trump’s tariff uncertainty. Index made a flat-to-negative start followed by broadly negative cues from other Asian markets. Soon, index turned volatile and started wavering in green and red terrain. Traders avoided risky bids ahead of US President Donald Trump’s tariff deadline and ahead of Q1 result season. Further, continued FIIs outflow dampened investors’ sentiments. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 760.11 crore on Friday, according to exchange data. Some concerns also came as Economic think tank GTRI cautioned that allowing genetically modified (GM) farm products from the US under the proposed trade pact would have implications for India as it may affect the country's agri exports to regions like the European Union. In afternoon session, index continued its choppy trade near neutral line till the end of the session and closed below 25,500 mark.

Most of the sectorial indices ended in red except FMCG, Oil & Gas and Realty stocks. The top gainers from the F&O segment were Godrej Consumer Products, Dabur India, and Cummins India. On the other hand, the top losers were Indus Towers, Jubilant Foodworks and Info Edge (India). In the index option segment, maximum OI continues to be seen in the 25900 - 26100 calls and 24900 - 25100 puts indicating this is the trading range expectation.

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