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US-India Trade Deal Boosts Stocks, Rupee as GIFT Nifty Jumps 4.5% Amid Optimism Surge
US-India trade agreement lifts outlook for stocks and rupee; GIFT Nifty jumps 4.5% as Indian equities narrow their rare underperformance versus Asian peers.
Indian equities surged as a US-India trade agreement lifted investor sentiment, sending the GIFT Nifty up 4.5% and boosting hopes for narrow underperformance versus Asian peers, which had been weighed down by a key hurdle removed from the trade pact.
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