In a volatile trade, Indian equity benchmark -- Nifty -- ended the Tuesday’s session near day’s high level amid Foreign Institutional Investors (FIIs) inflows. According to exchange data, FIIs bought equities worth Rs 321.16 crore on Monday. Market made a cautious start and soon turned volatile amid renewed uncertainty over U.S. President Donald Trump's tariff policies after he again extended the implementation of new reciprocal tariffs until at least August 1. Traders took note of report that Prime Minister Narendra Modi met Bolivian President Luis Alberto Arce Catacora and discussed ways to bolster cooperation in areas such as critical minerals, trade and investment, healthcare and space, among others. In afternoon session, index continued its volatile trade near neutral line as traders avoided to take risk. However, in last leg of trade, market gained traction and ended above 25,500 mark.
Most of the sectorial indices ended in red except IT, Private Bank and Realty stocks. The top gainers from the F&O segment were NHPC, Kotak Mahindra Bank and IIFL Finance. On the other hand, the top losers were Angle One, BSE and Titan Company 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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