Sensex, Nifty Pare Early Gains
(RTTNews) - Indian shares eked out modest gains in cautious trade on Tuesday as investors seek clarity on trade developments ahead of an August 1 deadline for U.S. reciprocal tariffs.
As trade deal prospects fade, the European Union is exploring a broader set of possible countermeasures against the United States, reports suggest.
Closer home, a team of U.S. trade officials will visit India in August for the next round of talks for the proposed bilateral trade pact between the two nations, reported news agency PTI.
The benchmark S&P/ BSE Sensex was up 174 points, or 0.2 percent, at 82,374, giving up some early gains.
The broader NSE Nifty index was up 27 points, or 0.1 percent, at 25,118.
Eternal soared 13 percent as Q1 results suggested that quick commerce losses have stabilized.
PNB Housing Finance rallied 2.4 percent on reporting a 23 percent year-on-year rise in its quarterly profit.
Dhanlaxmi Bank gained 1.1 percent on reporting turnaround results for Q1FY26.
Oberoi Realty fell nearly 2 percent after Q1 profit declined 28 percent from last year.
Bajaj Finance was down about 1 percent as Anup Kumar Saha resigned as MD and board director, citing personal reasons.
DCM Shriram lost 2 percent despite posting improved Q1 results.
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Pound Rises Against Majors
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