MUMBAI: The Indian stock market closed in positive territory on Tuesday, inching up in a range of 0.3 per cent, as investors remained cautious ahead of the India-US trade deal which is likely to materialise soon.
Sensex closed at 83, 712.51, up 270.01 points or 0.32 per cent against the previous session's closing of 83, 442.50. The 30-share index hit an intra-day high at 83, 812.31 after starting the session in negative territory at 83, 387.03.
Nifty settled 61.20 points or 0.24 per cent high at 25, 522.50.
The Indian equity market remained largely range-bound as investors awaited definitive progress on the India-US trade agreement, said analysts.
“While sentiment remains cautiously optimistic about a potential deal, the lack of formal confirmation has restrained fresh buying activity, " Vinod Nair, Head of Research, Geojit Investments Limited.