On July 3, 2025, the Indian stock market saw a decline. The Nifty fell by 0.19% to 25,405.30, and the Sensex dropped 0.20% to 83,239.47. This occurred after a previous week's rally, leading to profit-taking. (Source: July 3, 2025)
The downturn was influenced by ongoing U.S.-India trade negotiations. A 26% U.S. tariff on Indian goods, suspended until July 9, 2025, is a key factor. President Trump expressed optimism about a deal.
The Indian rupee strengthened to 85.31, a 0.4% gain, driven by dollar sales and trade deal hopes. Dr. Reddy's Laboratories and Apollo Hospitals were top gainers. Market participants are closely watching the trade talks' outcome.