Sensex gained 90 points. Nifty held above 25,500.
Investors stayed cautious as US trade talks loomed.
On Tuesday, Indian markets edged higher, tracking gains in Asia.
Sensex closed at 83,697, up 0.11%
Nifty at 25,541, up 0.1%
Gains were capped by weak financials and trade deal jitters ahead of Trump’s July 9 tariff deadline.
Sector Moves & Stock Highlights
Reliance rose 1.8% after Nuvama raised its target to ₹1,801, citing new energy growth.
Bharat Electronics, Asian Paints, UltraTech Cement, and Kotak Bank gained up to 2.5%.
Financials eased 0.2% for a second day, but PSU banks outperformed, Nifty PSU Bank up 0.7%.
Key Movers
Apollo Hospitals surged 3.5% after announcing a spin-off of its digital and pharmacy biz.
Sigachi Industries plunged another 5.6%, extending its two-day loss to over 17% after the Telangana plant tragedy.
Technical Views
Kotak Securities said markets showed lacklustre activity, forming a narrow-range candlestick.
Key resistance: 25,600 on Nifty, 83,900 on Sensex
Key support: 25,470 / 83,500
HDFC Securities sees higher highs on charts, with a breakout above 25,700 likely taking Nifty to 26,000+.
Global Cues & Rupee
Asian stocks rose as US trade talks and a $3.3 trillion spending bill hung in the balance. Rupee firmed up 0.3% to 85.52 against the dollar.
Crude held steady, Brent at $66.79, WTI at $65.15.
Markets stayed range-bound, but positioning hints at a breakout, with trade talks, earnings, and global data in focus.
