Will India-US tariff deal spark the next rally on Dalal Street?

September 29, 2025

Indian equities face continued underperformance, trailing global peers due to earnings disappointment and significant overseas exits. While corporate earnings revival is anticipated only by FY27, a resolution to the India-US tariff dispute is seen as the immediate trigger to push Sensex and Nifty towards new all-time highs.

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Investor confidence in the market is wavering due to recent declines in AI-linked stocks and semiconductor firms. Upcoming quarterly results from major players, including Meta

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