BSE Sees Massive Surge: 213 Stocks Hit Upper Circuit, 18 Jump 20% After India-US Trade Deal

• Following the India-US trade deal, 213 BSE shares hit the upper circuit, with 18 stocks surging by 20% on Tuesday.
• The trade agreement includes the US reducing tariffs on Indian imports from 25% to 18% and India removing a 25% penalty tariff on India-Russia oil trade.
• Textile, gems & jewelry, and seafood companies like Gokaldas Exports, Goldiam International, and Avanti Feeds were among those hitting the 20% upper circuit.
• Experts anticipate significant benefits for labor-oriented sectors such as textiles, gems & jewelry, and electronics, making Indian exports more competitive.
• The deal is expected to improve market access, rationalize tariffs, and stabilize supply chains, leading to better order flow and earnings visibility for export-oriented sectors.

Why It Matters: A new India-US trade deal sparked a major rally on BSE, with 213 stocks hitting the upper circuit.