Jaishankar-Rubio Talks Boost Market: Sensex Recovers 250 Points, Nifty Rises

• External Affairs Minister S. Jaishankar and US Secretary of State Marco Rubio discussed trade and other issues, positively impacting the stock market.
• Sensex recovered 250 points and Nifty rose after initial investor selling, signaling renewed market confidence.
• Discussions included bilateral trade, minerals, nuclear energy, defense, and energy cooperation, with a goal to reach $500 billion in trade by 2030.
• US Ambassador Gore confirmed positive talks, anticipating trade deal progress and a meeting next month.
• The US aims to increase cooperation in civil nuclear matters, strengthen energy security, and ensure critical mineral supply with India.

Why It Matters: Jaishankar-Rubio talks on trade and cooperation boosted market sentiment, signaling progress in India-US relations.