Bulls lose momentum; Sensex down 368 pts,Nifty under 24,500

The Indian benchmark indices Sensex and Nifty gave up early gains to finish lower on Tuesday, halting the recent bullish streak as investors turned cautious ahead of inflation data from India and the US.At close, the Sensex was down 368.49 points or 0.46 percent at 80,235.59, and the Nifty was down 97.65 points or 0.40 percent at 24,487.40. About 1,994 shares advanced, 1,889 shares declined, and 157 shares unchanged.
Maruti Suzuki, Hero MotoCorp, Tech Mahindra, M&M, NTCP were the top gainers on the Nifty, while losers included Bajaj Finance, HUL, Trent, HDFC Bank, Nestle.
Mixed trend was seen on the sectoral front with auto, pharma, metal, oil & gas, IT, media indices rising 0.3-0.7 percent while realty, FMCG, banks and consumer durables down 0.5 percent each, according to information.
Rupee Close:
On 12 Aug'25,the Indian rupee consolidated in a narrow range to settle just 3 paise higher at 87.72  against the US dollar on Tuesday amid a negative trend in domestic equities.Forex traders said the rupee is trading in a tight range as a late decline in domestic markets and foreign fund outflows capped sharp gains for the domestic unit.Moreover, there is an overall negative bias amid uncertainties over the trade tariff issue between India and the US.
Trading Guide: 
Vinod Nair, Head of Research, Geojit Investments stated,the national market reacted with volatility to the ongoing developments in global trade tariffs, reflecting caution following the extension of the U.S.–China tariff truce and ahead of key inflation data due later today. The US inflation figures with any signs of tariff-related impact could influence the Fed’s policy stance. Meanwhile, domestic inflation is expected to continue below the RBI’s range.Sector-wise, healthcare and automobile stocks posted gains, while financials and real estate weighed on the index.In the near term, stock- specific movements are likely to persist with investors’ attention focused on domestic consumption-led sectors to beat volatility.
Market experts recommended five shares to buy on Tuesday- Godawari Power and Ispat Limited, Kalpataru Projects International Ltd, Nava, V Guard Industries, and Sapphire Foods India.Sensex Down 350, Nifty Under 24,500.

(Business Correspondent)