New Delhi, 8 July (IANS). The Indian stock market closed in a green mark in Tuesday’s trading session. At the end of the day, the Sensex rose by 270.01 points or 0.32 percent to close at 83,712.51 and the Nifty at 25,522.50 with 61.20 points or 0.24 percent.
Midcap and smallcap closed in red mark compared to largecap. The Nifty Midcap index fell by 100.30 points or 0.17 percent to 59,415.45 and the Nifty Smallcap 100 index 54.95 points or 0.29 percent to close at 18,895.20.
Sectoral basis closed in IT, Financial Services, Realty, Energy, Private Bank, Infra and Commodity in green scars, while auto, PSU bank, pharma, FMCG and pressure were seen.
The Sensex packs were Kotak Mahindra Bank, Eaterial (Zomato), Asian Paints, NTPC, BEL, Adani Ports, Power Grid, Infosys and Tech Mahindra top gaepers. Titan, Trent, Axis Bank, Maruti Suzuki, HUL, Sun Pharma, HCL Tech and Tata Steel were the top losets.
Research head Vinod Nair at Geojit Investments Limited said that the Indian equity market was largely limited as investors were waiting for a definite progress on the Indo-US trade agreement. Although the market perception over the possible deal remains optimistic, the lack of formal confirmation has stopped the new purchase activity.
In addition, he further said, American decision to extend the time limit for implementing 25 percent tariffs on major trading partners has inspired investors to adopt a more defensive approach. As the income season of the first quarter of FY 26 is getting closer, the market focus is expected to move towards corporate performance and management comments, which will probably direct future market speed. “
The Indian stock market started positive. Around 9.30 am, the Sensex was trading at 91.57 points or 0.11 percent to 83,534.07, while the Nifty was trading up 22.25 points or 0.09 percent to 25,483.55.
-IANS
ABS/
