The Indian markets are in the all-out bull mode after India-US signed a trade deal, bringing India's tariff down to 18% from the previous 50%.
The export-oriented sectors such as textile stocks such as Gokaldas Exports, Welspun Living and others are surging over 10%
Shrimp stocks like Avanti Feeds, Apex Frozen Foods, are also on the high. Impact on IT stocks, auto and auto component names (particularly Bharat Forge) and more. Today is also the Nifty 50 weekly expiry and that could prompt some further short-covering in positions take earlier.
Watch this space for all the LIVE stock market updates and stock reactions today.
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