MUMBAI: India’s benchmark indexes ended flat on Tuesday, as gains in heavyweight Reliance Industries on solar business optimism offset broader sectoral losses, with investors awaiting cues from US trade talks.
The Nifty 50 rose 0.1% to 25,541.80 points and the BSE Sensex added 0.11% to 83,697.29.
The MSCI Asia ex-Japan index rose 0.5% after Canada dropped its digital services tax on US tech firms—boosting hopes of progress in global trade negotiations.
India could finalize an interim trade deal with the US as early as this week, the Financial Times reported, while Reuters said Indian officials are extending their visit to Washington to resolve outstanding issues.
Seven of the 13 major sectors declined on the day. The broader small-caps and mid-caps were little changed.
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