From the Sensex firms, Larsen & Toubro, Tata Steel, ICICI Bank, HCL Tech, Infosys and Kotak Mahindra Bank were among the laggards.

Hindustan Unilever, Asian Paints, Maruti and Titan were among the gainers.

“A significant takeaway from the recent global market trends is that the markets are largely ignoring the noise from the tariff front and are waiting for clarity to emerge. Perhaps, more important from the market perspective in the near-term will be the Q1 results,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

The US has extended the suspension of its April 2 reciprocal tariffs until August 1.

In Asian markets, South Korea’s Kospi and Shanghai’s SSE Composite index traded higher while Japan’s Nikkei 225 index and Hong Kong’s Hang Seng quoted lower.

The US markets ended on a flat note on Tuesday.

“With Federal Open Market Committee minutes (July 9 ) and TCS earnings (July 10) ahead, expect heightened volatility,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

Global oil benchmark Brent crude dipped 0.20 per cent to USD 70.01 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 26.12 crore on Tuesday, according to exchange data. Domestic Institutional Investors (DIIs) however, bought stocks worth Rs 1,366.82 crore.

On Tuesday, the 30-share barometer rose by 270.01 points or 0.32 per cent to settle at 83,712.51. The Nifty climbed 61.20 points or 0.24 per cent to close at 25,522.50. PTI SUM SUM ANU ANU