New Delhi, July 8 -- Indian stock market benchmarks - the Sensex and Nifty 50 - closed flat on Monday, July 7, following uncertainty surrounding the India-US trade deal weighed on investor sentiment. The Nifty 50 closed unchanged at 25,461, while the Sensex edged up by just 9.61 points, or 0.01 percent, to settle at 83,442.50.

Meanwhile, the broader markets saw some weakness, with the Nifty Midcap index slipping 0.27 percent and the Smallcap index declining by 0.4 percent.

Sumeet Bagadia, Executive Director at Choice Broking, believes that despite the Nifty 50 index trading in a tight range, the positive sentiment of the Indian stock market is still sustaining.

Speaking on the outlook of Indian stock market, Bagadia said, " The Nifty 5...