Sensex up 200 pts; Nifty holds 25,500; Auto index up 1%, Hero MotoCorp 2.5%

Indian bechmark indices Sensex and Nifty edged higher in trade as investors were seen assessing reports that the US and India could soon finalise a trade deal to avoid US President Donald Trump’s tariffs, which come into force from July 9.

The BSE Sensex gained 188 points, or 0.23 per cent, to quote at 83,596, while the Nifty50 traded around 25,505, up 52 points or 0.2 per cent.

Among individual stocks, Asian Paints, M&M, Eternal, Asian Paints and Maruti Suzuki were among the top Sensex gainers, while Bajaj twins, Trent, Kotak Bank, and Titan were among the top losers.

In the broader markets, the Nifty MidCap and the Nifty SmallCap indices rose 0.13 per cent and 0.22 per cent, respectively.

Among sectors, the Nifty Auto index was the top performing sectoral gauge, gaining 0.68 per cent. This was followed by the Nifty FMCG index (0.33 per cent), and the Nifty IT index (0.21 per cent).

On the contrary, the Nifty PSU Bank index was the top loser, down 0.4 per cent.