Trump's Envoy Signals Stronger India-US Ties, Stock Market Surges 700 Points

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News18•12-01-2026, 13:32
Trump's Envoy Signals Stronger India-US Ties, Stock Market Surges 700 Points
- •US Ambassador Sergio Gor's positive remarks on India-US relations caused the Sensex to jump over 700 points.
- •Gor, sworn in mid-November, delivered his first public speech in Delhi, emphasizing strengthening ties.
- •He praised India's democracy, culture, history, and innovation, expressing gratitude to President Trump.
- •Gor hinted at President Trump's potential visit to India within 1-2 years and India gaining special status.
- •India could join the Pax Silicon initiative next month, focusing on critical minerals and semiconductors.
Why It Matters: Positive signals from Trump's envoy on India-US relations sparked a significant rally in the Indian stock market.
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