Trump's Trade Deal Remarks Stir Indian Stock Market; Exporters in Focus

• US President Donald Trump's comments on a potential US-India trade deal could impact the Indian stock market, which has been under pressure.
• During the World Economic Forum in Davos, Trump expressed respect for PM Modi and optimism for a 'good deal' with India, though no timeline was given.
• Indian exports to the US currently face high tariffs, with some sectors like textiles seeing up to 50% tariffs, impacting companies heavily reliant on US markets.
• Export-oriented companies, particularly in textiles (Gokaldas Exports, Welspun Living, Pearl Global) and shrimp feed (Avanti Feeds, Apex Frozen Foods), are under scrutiny.
• The broader Indian stock market decline is attributed to multiple factors, including trade deal uncertainty, Japan's bond market concerns, Nifty technical levels breaking, FII selling, and a weakening rupee.

Why It Matters: Trump's positive but vague remarks on a US-India trade deal may influence Indian markets, especially export-focused firms.