Trump Praises Modi in Davos, Sparks 8% Jump in Textile-Shrimp Shares

• US President Donald Trump praised PM Narendra Modi in Davos, calling him a "great person and friend."
• Trump announced that a good trade deal between the US and India would be reached soon.
• The news led to an enthusiastic market response, with shares of textile and shrimp exporting companies rising up to 8%.
• Investors anticipate that a trade deal could reduce high US tariffs (up to 50%), boosting company profits.
• Key gainers included Avanti Feeds (8%), Apex Frozen Foods (5%), Coastal Corporation (5%), Gokaldas Exports (6%), and Welspun Living (8%).

Why It Matters: Trump's praise for Modi and optimism for a US-India trade deal spurred significant gains in Indian export stocks.