What is the story about?
Shares of export-heavy textile companies, including KPR Mill, Gokaldas Exports, and Welspun Living, surged as much as 20% in Tuesday’s session after a trade deal slashed US tariffs on Indian goods to 18%.
India US Trade Deal Boosts Textile Stocks
- Textile stocks surge on US tariff cut.
- KPR Mill, Gokaldas, Welspun lead gains.
- US tariffs on Indian goods reduced to 18%.
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