D-Street does a jig! India–US trade deal lifts sentiment, but earnings to drive market returns
The India-US trade deal has eased tariff uncertainty, boosting investor sentiment and suggesting market stress may have peaked. While not a game-changer, the agreement is expected to align equity returns with corporate earnings, projected at 12-15% in 2026. Fund managers recommend diversified portfolios, export sectors, and selective mid and small-cap investments.
Celebration street! Rupee takes biggest leap in 7 years; stock markets jump 2.5%
India’s rupee and equity markets experienced significant surges following a US-India trade deal that reduced tariffs. The Nifty and Sensex saw substantial intraday gains, while the rupee appreciated, though the central bank intervened to moderate its rise. This agreement is expected to boost foreign investment and improve India’s growth outlook.
Stocks in news: Trent, BPCL, Bajaj Finance, Mankind Pharma, Apollo Tyres
Indian markets surged on Tuesday, buoyed by a significant trade pact with the US. The Nifty’s strong rebound suggests a potential trend reversal post-Budget sell-off. Several companies like Trent, BPCL, and Bajaj Finance are in focus today due to Q3 results and strategic announcements, with BPCL notably increasing its capex plans.