US-India Trade Deal Ignites Markets: Rupee Rallies, Stocks Skyrocket

• US and India finalize a trade deal, reducing tariffs on Indian goods from 50% to 18%, boosting market sentiment.
• Indian markets react strongly: Sensex and Nifty climb over 2%, adding ₹12 lakh crore to investor wealth.
• The rupee records its biggest single-day gain in seven years, nearing the 90-mark against the dollar.
• Export-heavy sectors like textiles, gems, and jewellery anticipate stronger US demand and relief.
• Commerce Minister Piyush Goyal confirms protection for sensitive sectors like dairy and agriculture in the deal.

Why It Matters: The US-India trade deal has significantly boosted Indian markets, leading to a rupee rally and stock surge.