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Indian shares recouped early losses to finish little changed on Tuesday as investors boosted their bets on Federal Reserve interest-rate cuts.<\/p>\n
As growth worries mount, traders are now pricing in 88 bps of easing from the Fed this year, compared to 75 bps on Monday, according to LSEG data.<\/p>\n
There is much anxiety over U.S. tariff policy and a potential recession in the world’s largest economy<\/span>.<\/p>\n After trading closed on Monday, a White House official downplayed the weeks-long stock market sell-off, insisting that recent moves by business<\/span> leaders suggest a brighter outlook for the U.S. economy.<\/p>\n In a separate statement, White House spokesman Kush Desai said “industry leaders” had responded to Trump’s agenda, including tariffs, “with trillions in investment commitments”.<\/p>\n Oil prices hovered near multi-year lows on demand concerns and the U.S. dollar and bond yields slipped on growth concerns, helping domestic markets<\/span> rebound from intraday low levels. <\/p>\n The benchmark 30-share BSE Sensex hit an intraday low of 73,663.60 before cutting losses to end the session down 12.85 points at 74,102.32.<\/p>\n The broader NSE Nifty index ended up 37.60 points, or 0.17 percent, at 22,497.90, after having fallen to 22,314.70 earlier. <\/p>\n The BSE mid-cap index rose 0.7 percent while the small-cap index shed 0.7 percent. IndusInd Bank shares plunged 27 percent as more analysts downgraded their ratings on the stock following reports of derivative portfolio mismatch.<\/p>\n Among other prominent decliners, Power Grid Corp, Mahindra & Mahindra, Bajaj FinServ and Infosys fell 1-2 percent. <\/p>\n Trent topped the gainers list to end more than 4 percent higher while ICICI Bank, BEL, Sun Pharma and BPCL climbed 2-3 percent. <\/p>\n<\/p>\n<\/div>\n
The market breadth was negative on the BSE, with 2,501 shares declining while 1,469 shares advanced and 121 shares ended unchanged. <\/p>\n