Indian equity benchmark -- Nifty -- ended marginally lower on Tuesday amid prevailing uncertainty over interim trade deal between the U.S. and India. Index made a positive start amid strong private banks earnings and better than expected Eternal result lifted investors’ sentiments. In a little while, index erased all its initial gains and turned volatile. Some cautiousness came with the government data showed that India's eight core infrastructure sectors' growth slowed down to 1.7 per cent in June 2025 from 5 per cent in the same month last year. Sentiments remained weak as traders avoid risky bid ahead of US President Donald Trump’s reciprocal tariff deadline on August 1.
In afternoon session, index continued its range bound trade near neutral line for most part of the session. Traders took note of report that Vice Chairman (VC) of NITI Aayog Suman Bery said that India's sustained economic growth makes it an anchor of stability for the world, which needs new engines of growth and development models that can be scaled and shared. However, in last leg of the trade, index added some losses and closed below 25,100 mark.
All sectorial indices ended in red. The top gainers from the F&O segment were Eternal, Info Edge (India), and Angel One. On the other hand, the top losers were 360 One Wam, Aarti Industries and AU Small Finance Bank. In the index option segment, maximum OI continues to be seen in the 25400 - 25600 calls and 24900 - 25100 puts indicating this is the trading range expectation.
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