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Live: Can US-India trade deal support next leg of upmove for Nifty? | Opening Bell

The Nifty managed to hold above the 25,500 mark on both trading days so far this week, with Reliance Industries (RIL) playing a key role in lifting the index in the last session. RIL has advanced in four of the past five trading sessions and now trades just 5 percent below its all-time highs. Meanwhile, investors will keep a close eye on India-US tariff negotiations, which could influence broader market sentiment. This morning, global cues were largely muted. US markets saw a mixed trade overnight as US Senate cleared Donald Trump's big, beautiful tax cuts and spending bill. Meanwhile, Asia-Pacific markets were muted this morning as investors assessed Fed Chair Jerome Powell's comments on how steady rates were due to Trump's tariffs. Catch Lovisha Darad in conversation with Nilesh Jain, Head AVP- Derivative and Technical Research, Centrum Broking and Sandeep Bagla, CEO, TRUST Mutual Fund.

first published: Jul 2, 2025 09:00 am