Indian equity benchmarks ended near day’s high points on Tuesday, as investors turned positive ahead of a mini-trade deal announcement between the U.S. and India expected later tonight. After making a cautious start, indices traded near neutral lines for most of the session, as sentiments remained subdued due to global uncertainty following U.S. President Donald Trump's announcement of steep import tariffs on key trading partners. In final hour of trade, markets added some gains and settled higher.

Some of the important factors in today’s trade:

Foreign fund inflows: Traders took some support with exchange data showed Foreign Institutional Investors (FIIs) bought equities worth Rs 321.16 crore on Monday.

US extends suspension of reciprocal tariffs on India until August 1: Traders took some support as US extended the suspension of reciprocal tariffs on India until August 1, 2025. This extension allows both nations additional time to resolve outstanding issues and potentially finalize an interim trade deal. 

Debt securitisation volumes inch up to Rs 49,000 crore during Q1FY26: Traders took note of report that Crisil Ratings in its latest report has said that debt securitisation volumes have inched up to Rs 49,000 crore during April-June 2025 (Q1FY26) as compared to Rs 45,000 crore recorded in the year-ago period.

Global front: European markets were trading mostly in green, while Asian markets ended mostly higher 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.

The BSE Sensex ended at 83712.51, up by 270.01 points or 0.32% after trading in a range of 83320.95 and 83812.31. There were 18 stocks advancing against 12 stocks declining on the index. (Provisional)

The broader indices ended mixed; the BSE Mid cap index was up by 0.01%, while Small cap index down by 0.17%. (Provisional)

The top gaining sectoral indices on the BSE were Realty up by 1.08%, Bankex up by 0.72%, Power up by 0.70%, Utilities up by 0.68% and PSU up by 0.52%, while Consumer Durables down by 1.68%, Healthcare down by 0.81%, Telecom down by 0.47%, Auto down by 0.37% and FMCG down by 0.25% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Kotak Mahindra Bank up by 3.40%, Eternal up by 1.89%, Asian Paints up by 1.69%, NTPC up by 1.64% and Bharat Electronics up by 1.20%. On the flip side, Titan Company down by 6.17%, Trent down by 1.12%, Axis Bank down by 0.90%, Maruti Suzuki down by 0.81% and Hindustan Unilever down by 0.72% were the top losers. (Provisional)

Meanwhile, the Finance Minister Nirmala Sitharaman has said BRICS is a vital platform for advancing inclusive multilateralism especially when global institutions are facing a crisis of legitimacy and representation. The BRICS is a group formed by eleven countries: Brasil, Russia, India, China, South Africa, Saudi Arabia, Egypt, United Arab Emirates, Ethiopia, Indonesia, and Iran. 

She said India has demonstrated resilience through a combination of strong domestic demand, prudent macroeconomic management, and targeted fiscal measures. She further emphasised that India's policy response to trade and financial restrictions has focused on diversifying markets, promoting infrastructure-led growth, and implementing structural reforms aimed at boosting competitiveness and productivity.

She underlined India's view that BRICS is a vital platform for advancing inclusive multilateralism, and especially when global institutions are facing a crisis of legitimacy and representation, BRICS must lead by example by reinforcing cooperation, advocating credible reforms, and amplifying the voice of the global South. She said ‘While South-South cooperation remains vital in advancing climate and development goals, the global South should not be expected to carry the main burden of climate action and BRICS countries are well placed to deepen cooperation on sustainable development’.

The CNX Nifty ended at 25522.50, up by 61.20 points or 0.24% after trading in a range of 25424.15 and 25548.05. There were 26 stocks advancing against 24 stocks declining on the index. (Provisional)

The top gainers on Nifty were Kotak Mahindra Bank up by 3.47%, Eternal up by 1.91%, Asian Paints up by 1.71%, NTPC up by 1.70% and Grasim Industries up by 1.50%. On the flip side, Titan Company down by 6.13%, Dr. Reddy's Lab down by 2.04%, Cipla down by 1.47%, Bajaj Auto down by 1.47% and Trent down by 1.07% were the top losers. (Provisional)

European markets were trading mostly in green; Germany’s DAX gained 53.38 points or 0.22% to 24,127.05 and UK’s FTSE 100 increased 5.06 points or 0.06% to 8,811.59, while France’s CAC fell 13.69 points or 0.18% to 7,709.78.