Indian Equity Markets Rally on US Trade Talk Optimism
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BTCCSquare news:
Benchmark indices Sensex and Nifty surged in early trading as progress in US-India trade negotiations fueled investor optimism. The 30-share BSE Sensex jumped 262 points to 82,643.43, while the Nifty 50 gained 85 points to 25,324.35. Sector leaders included tech firms like Infosys and Tata Consultancy Services, alongside infrastructure players Larsen & Toubro.
"The market is pricing in a potential resolution of punitive US tariffs," said Geojit Investments' VK Vijayakumar, noting the 25% duties on Indian exports remain a key overhang. A breakthrough could trigger significant capital inflows. Domestic catalysts like GST reforms may further amplify demand cycles, particularly in auto and manufacturing sectors.
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