News

Indian stock market today: Indian frontline indices ended Tuesday's session, July 1, largely unchanged following a range-bound trade, as investors awaited progress in trade talks between the United States and India ahead of the looming July 9 tariff deadline. 

The Nifty 50 ended the session at 25,541, up just 0.1% from the previous close, while the Sensex finished with a mild 0.11% gain at 83,697 points. The broader markets also ended the session on a flat note, with the Nifty Midcap 100 closing with a marginal 0.1% gain and the Nifty Smallcap 100 index concluding with a minor 0.1% drop.

Investors are closely monitoring the trade negotiations between India and the U.S., as the 90-day suspension of reciprocal tariffs is set to expire on July 9. President Trump has said he has no plans to extend the pause further.

So far, the U.S. has only finalized trade deals with the UK and China. Although India has been actively engaged in discussions with the White House, both countries have been unable to strike a deal, with reports suggesting that U.S. demands for access to India’s agriculture, dairy, and genetically modified (GM) crop markets remain key sticking points.

While trade negotiations between the two countries are still ongoing, the White House on Monday announced that President Trump may soon declare the conclusion of an agreement with India. Meanwhile, The Financial Times reports that India may finalize an interim trade deal with the U.S. as early as this week. 

(more to come)

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Download the Mint app and read premium stories

Log in to our website to save your bookmarks. It'll just take a moment.