Sensex, Nifty to React to Trump's 'Good Deal with India' Remark
Market
C
CNBC TV1821-01-2026, 21:32

Sensex, Nifty to React to Trump's 'Good Deal with India' Remark

  • Indian equity markets are expected to react to US President Donald Trump's statement regarding a 'good deal' with India.
  • Trump praised PM Modi at the World Economic Forum in Davos, confirming a forthcoming trade deal without specifying a timeline.
  • Uncertainty over the India-US trade deal is a key factor in recent Indian stock market sell-offs, alongside geopolitical tensions and foreign institutional selling.
  • Trump's remarks highlight export-oriented sectors like Textiles, Shrimp feed, and Pharma, which heavily rely on the US market.
  • Textile companies like Gokaldas Exports and Welspun Living derive 50-70% of revenue from the US, facing significant tariff impact.

Why It Matters: Trump's 'good deal' remark could influence Indian markets, especially export-focused sectors, amid trade uncertainties.

More like this

Loading more articles...