Indian equity indices opened Tuesday’s trading session on a muted note. The NSE Nifty 50 rose 30 points or 0.12% to open at 25,996. The BSE Sensex opened 101 points or 0.12% higher at 84,880.

The Bank Nifty opened flat at 58,116. The small and midcap stocks opened the day on a stronger note. The Nifty Midcap surged 138 points or 0.23% to open at 59,918.

“There are indications of a possible agreement between the US and China on tariffs, and if there is a breakthrough in the Trump-Xi meeting on Thursday, that will give another leg up to the markets globally, where the leading indexes like the S&P 500, Nikkei and Kospi are at record highs. A near-term positive for the market is the expectation that the Fed would cut rates in the FOMC meeting on Wednesday since US CPI inflation (3% YoY) is n

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