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India team to visit US to finalise trade pact

India will send a high-level delegation to Washington next week to give the proposed interim trade agreement with the United States its final legal shape, a key step that could lead to the deal being signed as early as March. The visit signals that negotiations have moved into the last and most technical phase after both sides agreed on the broad contours of the pact.

The delegation will be led by India’s chief trade negotiator along with senior commerce ministry officials. They will hold in-person meetings with their US counterparts to convert the agreed terms into a formal and legally binding document. Officials from the two countries are already holding virtual discussions to resolve technical issues before the face-to-face talks begin.

Commerce Secretary Rajesh Agrawal said the framework of the agreement has been largely settled and the upcoming meetings will focus on finalising the legal language. The benefits under the pact will come into force only after the agreement is signed.

The interim trade deal is expected to provide tariff relief and improved market access for select goods traded between the two countries. For India, this is particularly important for labour-intensive sectors such as textiles and other export-oriented industries that depend heavily on the US market.

The United States is one of India’s largest trading partners, and the proposed agreement is seen as a step towards deepening economic engagement. It is also expected to reduce trade barriers and make it easier for companies in both countries to do business.

Officials believe the limited pact could eventually pave the way for a broader and more comprehensive bilateral trade agreement in the future. If the legal text is finalised on schedule, the deal will mark a significant milestone in India-US trade ties and open new opportunities for exporters while strengthening overall economic cooperation.

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India-US interim trade deal cheers stock markets

Indian stock markets are seeing fresh optimism after India and the United States agreed on an interim trade deal framework, a move that has eased concerns around tariffs and trade barriers. Though not a full free-trade agreement, the interim pact offers near-term clarity for businesses and exporters, lifting overall market sentiment.

Early signals indicate that Sensex and Nifty 50 are likely to trade higher, supported by strong global cues and hopes of improved India-US trade relations. Market experts say the agreement reduces uncertainty for Indian companies that depend heavily on the US market, especially exporters.

According to market analysts and brokerage reports, export-focused sectors are expected to benefit the most. Stocks that have come into focus include:

In pharmaceuticals, companies such as Sun Pharma, Dr Reddy’s Laboratories, Lupin, Aurobindo Pharma and Divi’s Laboratories are seen gaining due to their strong US exposure.

In IT services, firms like Infosys, HCL Tech, Wipro and LTI Mindtree are expected to benefit as US demand remains steady.
The textiles and apparel sector has also drawn attention, with stocks such as Gokaldas Exports, KPR Mill, Welspun Living, Indo Count Industries and Kitex Garments seen as potential gainers.
In manufacturing and engineering, analysts have highlighted Dixon Technologies, Syrma SGS Technology, Bharat Forge, Sona BLW, Samvardhana Motherson, Sansera Engineering and Avalon Technologies.

Some traders are also tracking Torrent Power, Jindal Steel, ITC, Bharti Airtel and Kotak Mahindra Bank for short-term opportunities, as overall sentiment remains positive.

Despite the upbeat mood, experts caution that the trade deal alone may not drive a long-lasting rally.

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