US Ambassador Sergio Gor Sparks Indian Market Recovery Ahead of Trade Talks

• US Ambassador to India, Sergio Gor, announced upcoming trade talks, calling India a crucial US ally.
• His remarks led to a sharp recovery in Indian stock markets, with Nifty 50, Nifty Bank, Midcap, and Smallcap indices bouncing back significantly.
• Gor also revealed India's inclusion in Pax Silica, a US-led AI and supply chain security initiative, boosting critical mineral company shares.
• Indian equities had a challenging start to the year, with Nifty 50 declining 2.5% in eight trading sessions.
• Ambassador Gor conveyed Trump's best wishes to India and PM Modi, hinting at a potential visit.

Why It Matters: US Ambassador's positive statements on trade and partnership with India spurred a major market rebound.