Mumbai, July 2 || The stock markets ended lower on Wednesday, as investor sentiment remained cautious due to US President Donald Trump's firm stand on the upcoming tariff deadline.
The nervousness led to a risk-off mood among investors, pulling the benchmark indices lower.
After rising to an intra-day high of 83,935.29, the Sensex lost momentum and closed at 83,409.69, down 287.6 points or 0.34 per cent.
The Nifty also declined by 88.45 points or 0.35 per cent to end the day at 25,453.4.
"Mixed global cues, particularly ahead of the impending tariff deadline, are driving investor caution,” Vinod Nair of Geojit Investments Limited said.
“Market attention is gradually shifting to crucial Q1 earnings, which have high expectations,” he added.