FPJ News Service mumbai

The Indian markets remained largely range-bound on Tuesday as institutional and individual investors awaited definitive progress on the India–US trade agreement. The 30-share Sensex rose by 270.01 points to settle at 83,712.51. The 50-share NSE Nifty climbed 61.20 points to close at 25,522.50, after a muted trading session.

 “The sentiment remains cautiously optimistic about a potential deal, and the lack of formal confirmation has restrained fresh buying activity. Moreover, the US decision to extend the deadline for implementing 25% tariffs on key trading partners has led investors to adopt a more defensive approach. As the Q1FY26 earnings season approaches, market focus is expected to shift toward corporate performance and management commentary, which will likely guide future market momentum,” said Vinod Nair, Head of Research, Geojit Investments Ltd.  

President Donald Trump on Monday said, “Now, we’ve made a deal with the UK, we’ve made a deal with China. We’re close to making a deal with India. Others we met with and we don’t think we’re going to be able to make a deal, so we just sent them a letter. If you want to play ball, this is what you have to pay.”

From the Sensex firms, Kotak Mahindra Bank, Eternal, Asian Paints, NTPC, Bharat Electronics Ltd, Adani Ports, Infosys and State Bank of India were among the major gainers. However, Titan tumbled over 6%. Trent, Axis Bank, Maruti and Hindustan Unilever were also among the top losers.