Markets surge on India–US trade deal announcement
pre-market1 source ↓written by the desknot a recommendation
- 2.54
- 2,072.67 points
- and the Nifty
- 83,739.13
- 2.55
- 639.15 points
- 2.55
- 25,727.55
- Indian goods
- 18%
Indian equity markets rallied sharply following the finalization of the India–US trade deal, with the BSE Sensex soaring 2,072.67 points (2.54%) to 83,739.13 and the Nifty 50 climbing 639.15 points (2.55%) to 25,727.55. The rupee also posted its strongest single-day gain in over six years, bolstered by reduced tariffs on Indian goods to 18%.
This positive sentiment is expected to enhance trade flows and earnings prospects for Indian companies, with immediate support for the Nifty seen around 25,500–25,600.
Heavyweight stocks led the rally, indicating strong investor confidence.
Not investment advice. For informational purposes only.