Stock market as we speak LIVE after India-US trade deal: Nifty50 and BSE Sensex soared in opening trade on Tuesday, reacting positively to the India-US trade deal announcement by US President Donald Trump and Prime Minister Narendra Modi. Whereas Nifty50 went above 25,800, BSE Sensex surged over 2,300 factors. At 9:16 AM, Nifty50 was buying and selling at 25,811.40, up 723 factors or 2.88%. BSE Sensex was at 83,970.33, up 2,304 factors or 2.82%.Dr. VK Vijayakumar, Chief Funding Strategist, Geojit Investments Restricted mentioned, “The dramatic announcement of the lengthy-awaited US-India trade deal and the US choice to chop tariffs on India from 50% to 18% is a sport changer for the Indian economic system and stock markets. The deal getting delayed was the only essential issue that was weighing on the markets. The influence of the deal will probably be manifold: One, India’s progress fee will rise to round 7.5% in FY27 assisted by increased exports to the US. Two, company earnings already displaying indicators of revival in FY 27 can speed up to round 16 to 18%. Three, rupee will strengthen sharply. The mixture of the US-India trade deal, the EU-India trade deal and the expansion-oriented Funds will increase the market sentiments and the animal spirits within the economic system. The stock market, anticipating and discounting these developments will increase. Technically, the market which is massively brief, will witness brief-protecting including gasoline to the rally. The rally will probably be widespread throughout market caps; however the largecaps that are pretty valued have the potential to outperform aided by FII inflows. The FII favourites in largecaps just like the banking leaders, non-banking financials and different bluechips in telecom, capital items and IT, will surge. Textile shares will probably be on particular focus. That is going to be the start of a increase within the Indian stock markets taking it to new information.”In the meantime, US shares completed increased on Monday. Positive aspects had been led by synthetic intelligence and semiconductor shares, whereas small-cap shares outperformed the broader market. The Russell 2000 superior about 1 %, extending its lead over the S&P 500 and Nasdaq up to now in 2026.(Disclaimer: Suggestions and views on the stock market, different asset courses or private finance administration suggestions given by specialists are their very own. These opinions don’t signify the views of The Times of India)
Source link
#IndiaUS #trade #deal #influence #BSE #Sensex #surges #factors #Nifty50 #stock #market #rallies #strongly #Times #India

