Mumbai: The BSE Sensex settled 9.61 points at 83,442.50 on July 7, 2025. The 50-share NSE Nifty finished unchanged at 25,461.30. The benchmark indices ended almost unchanged in a highly volatile trade amid caution ahead of the July 9 US tariff deadline, weak trends in Asian markets and foreign fund outflows.

The 90-day suspension period of the Trump tariffs imposed on dozens of countries, including India comes to end on 9th July. The Trump administration had imposed an additional import duty of 26 per cent on Indian goods.

The exchange data revealed that Foreign Institutional Investors (FIIs) sold equities worth Rs 760.11 crore on July 4.

“Indian equity markets ended on a flat note on Monday, with the benchmark Nifty opening at 25,450, touching an intraday low of 25,407 and a high of 25,489. The index largely traded in a narrow range throughout the session as investors remained cautious ahead of the anticipated US tariff announcements.

“Market participants appeared reluctant to take aggressive positions, keeping the broader index range-bound,” Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity, said.

Gainers from the 30-share barometer included, Trent, Reliance Industries, Asian Paints, ITC, Hindustan Unilever, and Kotak Mahindra Bank. Laggards from the pack included, UltraTech Cement, Maruti, Eternal, Bharat Electronics Ltd, and Tech Mahindra.

Hong Kong’s Hang Seng and Japan’s Nikkei 225 index settled lower while South Korea’s Kospi and Shanghai’s SSE Composite ended in positive. The US stock markets settled in the positive territory on Friday.

“Concerns surrounding a US-India trade deal and the fallout of Sebi’s report on Jane Street will be influencing market movement today (Monday). There are reports of a possible interim trade deal between US and India before the July 9th tariff deadline. If that happens, that would be a positive,” V K Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd, said.

Global oil benchmark Brent crude dropped 0.63 per cent to USD 67.87 a barrel.

On 4th July, the BSE barometer closed with 193.42 points gains at 83,432.89. The Nifty appreciated by 55.70 points to finish at 25,461.

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