The Nasdaq composite held up the best among the major indexes, but wavered and was up just 0.2% in recent trades. The S&P 500 also wavered and edged into positive ground after falling 0.8% Monday. Small caps outpaced the market, with the Russell 2000 index lifting 0.5% higher. The Russell ended a six-day winning streak Monday.

Further upside from here could push Nifty towards the immediate hurdle of 25700 levels in the short term, say experts

The S&P 500 and Dow Jones Industrial Average edged lower on Monday after US President Donald Trump's announced tariffs on Japan and South Korea. S&P 500 declined 0.83%, whereas the tech-heavy Nasdaq Composite and Dow Jones was down 0.