The Indian stock market moved very little on Monday. Investors were careful because they are waiting to see what happens with trade talks between India and America.
The Sensex, which tracks 30 big companies, ended at 83,409.68 points. This was just 9 points higher than Friday’s close. The index started slightly lower and stayed in a small range all day. At its highest point, it only went up 84 points.
The Nifty, which follows 50 major stocks, also barely changed. It closed at 25,461.30 – just 0.30 points higher than before.
Some company stocks went up, like Hindustan Unilever, Adani Ports, and Asian Paints. But other big names like Tata Motors, HDFC Bank, and Infosys saw their prices fall. In the Nifty’s top 50 stocks, 22 rose while 28 dropped.
Market experts said people were being careful because America might announce new taxes on imports soon. “Investors didn’t want to take big risks today,” said Sundar Kewat, a stock market analyst. “That’s why prices stayed in a tight range.”
Some business areas did well, like companies that make household products and oil companies. But media companies, technology firms, and car makers didn’t do as well. Smaller company stocks mostly fell – mid-sized company stocks dropped 0.27% and small company stocks lost 0.44%.
The Indian rupee became weaker against the US dollar. It fell 47 paise to close at 85.87 for each dollar. This happened because the dollar got stronger as people became unsure about trade deals.
The 90-day waiting period for new US taxes is almost over, but no trade deal has been signed yet. Because of this, investors are being extra careful. Now everyone is waiting to hear what the US Federal Reserve says next, as this could change the dollar’s value.
Until there is clear news about India-US trade relations, the market will likely stay cautious. Most investors prefer to wait and see what happens before making big moves. The market may stay quiet like this for some time.