Export Stocks Soar: Avanti Feeds, Others Rally on India-US Trade Talk Progress

• Export-oriented companies like Avanti Feeds and Apex Frozen Foods rallied after US Ambassador Sergio Gor's positive comments on India-US trade talks.
• The rebound followed previous declines triggered by US President Donald Trump's threat of 500% tariffs on countries dealing with Russia, including India.
• Sergio Gor, US Ambassador to India, stated that both countries are actively engaged, with the next trade deal discussion scheduled for tomorrow.
• Gor also mentioned President Trump is expected to visit India within the next one to two years and conveyed Trump's best wishes to PM Narendra Modi.
• Textile and shrimp stocks saw significant gains, with Gokaldas Exports jumping 7% intraday, as the US accounts for over 60% of its revenue.

Why It Matters: Positive signals from US Ambassador Sergio Gor on India-US trade talks boosted export stocks.