FX.co ★ Sensex Ends Lower

India's BSE Sensex concluded Tuesday's session with a decline of approximately 0.5%, settling at 80,235.6. This downturn followed a 0.9% gain on Monday, as financial stocks experienced losses that overshadowed the advances in the automotive, technology, pharmaceutical, and metals sectors. Investors exercised caution ahead of the upcoming release of domestic and US inflation data for July, crucial indicators that could influence future decisions by central banks. Projections suggest India’s inflation for July hit an eight-year low of 1.76%, below the Reserve Bank of India's tolerance range of 2%–6% for the first time in over six years. Geopolitical dynamics were also in focus as market participants anticipated a meeting between US President Trump and Russian President Putin, set to discuss ending the conflict in Ukraine. Additionally, trade relations were closely watched, particularly after the United States and China extended their tariff truce by 90 days. On the stock front, Bajaj Finance, Trent, Hindustan Unilever, Eternal, HDFC Bank, and Bajaj Finserv were among the major decliners, whereas Maruti Suzuki, Tech Mahindra, and Mahindra & Mahindra emerged as top gainers.