Sensex, Nifty End Modestly Higher In Cautious Trade

(RTTNews) - Indian shares ended modestly higher on Wednesday, adding to the previous session's gains, after the International Monetary Fund (IMF) has upgraded its growth forecasts tor India to 6.4 percent for both 2025-26 and 2026-27, citing strong consumption growth.

Investors also reacted to mixed messages on the trade front. U.S. President Donald Trump has threatened India with tariffs as high as 25 percent but cautioned the final levy had still not been finalized.

Separately, media reports said, citing sources familiar with the matter that Trump has expressed his desire to speak with Prime Minister Narendra Modi before giving the final nod to the long-anticipated India-U.S. trade agreement.

Mr. Modi is currently engaged in the Monsoon session of Parliament, and the two governments are coordinating the logistics of a potential call, it was said.

The benchmark BSE Sensex ended the session up 143.91 points, or 0.18 percent, at 81,481.86, with potential gains capped by trade deal uncertainty and anxiety around the new pharmaceutical policy expected to be announced by the Trump administration within the next two weeks. The broader NSE Nifty index closed up 33.95 points, or 0.14 percent, at 24,855.05 while the BSE mid-cap and small-cap indexes edged by around 0.2 percent each.

The market breadth was strong on the BSE, with 2,029 shares rising while 1,966 shares declined and 163 shares closed unchanged.

Among the prominent gainers, Larsen & Toubro jumped nearly 5 percent after posting better-than-expected quarterly results.

Trent, Bharti Airtel, Maruti Suzuki India, NTPC and Sun Pharma all rose around 1 percent.