Indian equities reversed early losses to end marginally higher on Thursday, as buying picked up in the final hour of trade on the weekly expiry of Nifty derivatives. Sentiment recovered after brokerages said the impact of U.S. President Donald Trump’s abrupt move to double tariffs on Indian exports would be limited, suggesting limited fallout for the listed universe and hinting that there was still room for negotiations before the August 27 deadline.
The BSE Sensex, which had slipped as much as 0.9% intraday to a low of 79,811.29, clawed back to close 79.27 points, or 0.1%, higher at 80,623.26. The NSE Nifty, after dipping to 24,344.15 during the session, rebounded to end at 24,596.15, up 21.95 points, or 0.09%. The late-day turnaround mirrored trends seen in recent weekly expiries.
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