India and the US have reached a trade agreement, with the US reducing tariffs on Indian goods in exchange for India halting Russian oil purchases and lowering trade barriers. While details are scarce, India is unlikely to open its agricultural market to US corn and soybeans due to its ban on GM crops and protection of small farmers.
Market rout: 7 of top-10 valued firms see Rs 1.25 lakh crore erosion
The stock continued to remain the most valued listed company in the country despite the decline.