India-EU Trade Deal: Pharma, Textile, Chemical Stocks Soar, Billions Earned in a Day

• The India-EU trade agreement, dubbed 'Mother of All Deals' by PM Modi, sparked a rally in the Indian stock market.
• Pharmaceutical, textile, and chemical sectors saw heavy investor buying due to the deal opening up the European market.
• Textile companies like KPR Mill, Welspun Living, and Nitin Spinners surged as import duties to Europe are expected to reduce.
• The agreement is anticipated to simplify regulations for Indian medicines and chemicals in the European market, boosting sales.
• MK Global estimates the deal could increase India's exports to Europe by $50 billion, particularly in medium-technology manufacturing.

Why It Matters: India-EU trade deal boosts investor confidence, driving up pharma, textile, and chemical stocks.