India-US Trade Deal Sealed: Tariffs Cut to 18%, Boost for Key Sectors

Business
M
Moneycontrol•02-02-2026, 23:40
India-US Trade Deal Sealed: Tariffs Cut to 18%, Boost for Key Sectors
- •US President Donald Trump announced a reduction in tariffs on Indian products from 25% to 18% after talks with PM Narendra Modi.
- •The trade deal signals a softening of US stance towards India, potentially boosting foreign investor confidence and a 'risk-on' mode in the Indian market.
- •Indian IT, Pharma, Oil & Gas, Shrimp & Seafood, Textile, Auto & Manufacturing, Capital Goods, and Defense sectors are expected to benefit significantly.
- •Stocks like TCS, Infosys, Sun Pharma, ONGC, Avanti Feeds, Gokaldas Exports, Tata Motors, and L&T are under investor watch for potential gains.
- •Gift Nifty surged over 3% to 25,900, indicating positive market sentiment ahead of the deal's impact.
Why It Matters: India-US trade deal reduces tariffs, signaling improved relations and potential boosts for multiple Indian sectors.
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