Markets wrap flat;Media & PSU bank stocks underperform

The domestic share market indices closed on a flat note on Tuesday, giving up early gains as selling pressure across sectors dragged the Nifty 50 below the 25,100 mark.At close, the Sensex was down 13.53 points or 0.02 percent at 82,186.81, and the Nifty was down 29.80 points or 0.12 percent at 25,060.90. 
Eternal, HDFC Life, Titan Company, Hindalco Industries, Bharat Electronics were the top gainers on the Nifty, while losers included Shriram Finance, Jio Financial, Eicher Motors, Adani Ports, Tata Motors.On the sectoral front,all sectoral indices ended in the red with media index falling 2.5 percent, PSU Bank index down 1.6 percent, realty index down 1 percent, auto index lower by 0.6 percent and pharma index down 0.9 percent.BSE Midcap index shed 0.6 percent, while smallcap index down ended marginally lower.
Rupee Close:
On 22 July'25,the Indian rupee pared initial gains and settled for the day 5 paise lower to close at 86.36 against the US dollar on Tuesday amid uncertainty over the US-India trade deal ahead of the August 1 deadline.Forex traders said, all eyes are now on the outcome of India-U.S. trade talks, especially as the August 1 deadline for potential tariffs on Indian exports draws near.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated,markets attention is on quarterly earnings, which slowed lately after some traction from banking stocks. Positivity noticed on Friday and Monday tapered ahead the critical August 1st deadline of U.S. trade agreement.Upside in Q1 earnings will be the critical point to sustain the current premium valuations. Continued profit booking by the FIIs exerts downward pressure, while steady inflows from DIIs could support for a range-bound movement with a positive bias towards Q1 results and trade deal.
Market experts recommended buying five shares for Tuesday- Nelcast, Vintage Coffee and Beverages, Royal Orchid Hotels, Chemplast Sanmar, and KRBL.

(Business Correspondent)