Markets Surge, India Forges Key Trade Deals; Air India Scare, Coal India IPOs Planned

• Indian stock market surged: Sensex jumped 638 points, Nifty closed above 26,150, opening strong.
• India and New Zealand sealed a Free Trade Agreement (FTA) with a $20 million investment, India's 7th recent FTA.
• Union Minister Piyush Goyal indicated India-US trade deal talks are in advanced stages, strengthening bilateral ties.
• An Air India Boeing 777 flight to Mumbai returned to Delhi due to an engine malfunction, making an emergency landing.
• Coal India Limited's subsidiaries, Bharat Coking Coal Limited and Central Mine Planning and Design Institute Limited, are preparing for stock market listings/IPOs.

Why It Matters: Indian markets surged amid major trade deal advancements, while Air India faced an incident and Coal India plans IPOs.