US market rally driven more by sentiment than substance: Sudip Bandyopadhyay

October 28, 2025

Global markets are surging on hopes of a US-China trade deal. Sudip Bandyopadhyay believes this rally is sentiment-driven, with both nations needing an agreement. However, he urges caution as only the US has spoken. A deal could impact India’s ‘China-plus-one’ strategy, requiring India to sharpen its competitive edge and leverage its large domestic market.

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