Indian benchmarks rise 0.3% on U.S.-Japan trade deal optimism, but gains capped by uncertainty over India-U.S. interim pact.

• Japan-led rally lifts Asian markets; MSCI Asia ex-Japan up 1%, boosting global sentiment ahead of August 1 deadline.
• Mid- and small-cap indices slip; Nifty mid-cap down 0.2%, small-cap down 0.5% amid cautious investor mood.
• Tata Consumer drops 1.3% before Q1 results; Lodha sinks 6.6% on 1% stake block deal, hits 2-month low.