FX.co ★ Sensex Ends Marginally Higher

On Tuesday, India's BSE Sensex concluded slightly higher at 83,697.3. Investors remained vigilant as they anticipated the upcoming July 9 deadline for President Trump's reciprocal tariffs and the onset of the June-quarter earnings season. The spotlight stayed firmly on trade talks between India and the United States, with anticipation building for a potential trade agreement within the week. In terms of economic data, the HSBC India Manufacturing PMI, a measure compiled by S&P Global, rose to 58.4 in June, up from 57.6 in May. This is the highest point in 14 months and significantly above the long-term average of 54.1. Among individual stock performances, Bharat Electronics surged by 2.6%, Reliance Industries by 1.7%, Asian Paints by 1.2%, UltraTech Cement by 1.1%, with Kotak Mahindra Bank and HDFC Bank both seeing gains of 0.8% and 0.6% respectively. On the downside, Axis Bank fell by 2.2%, Trent by 1.3%, Eternal by 1.2%, and Tech Mahindra by 1.1%, marking the biggest declines.