India-US trade agreement: 800-point jump in GIFT Nifty paves the way for a strong Tuesday start; 20 stocks to watch
Market Reaction to India-US Trade Deal A significant surge in the Nifty futures set an optimistic tone for the market on Tuesday, following the announcement of a long-awaited trade agreement between India and the United States. This development has alleviated tariff concerns that had been troubling Indian markets for some time. Initially, the Gift Nifty […]
USD/INR starts off strong as investors look for confirmation on the India-US trade agreement
The Indian rupee rises against the US dollar, hitting around 85.65 India is not rushing to finalize a trade agreement with the US. Concerns about inflation driven by tariffs are noted in the FOMC discussions. The Indian rupee (INR) is gaining ground against the US dollar (USD) this Thursday. The USD/INR pair has dropped to […]
Jaishankar Discusses India-US Trade Agreement
New Delhi: Negotiations are ongoing regarding a trade agreement between India and the United States. Foreign Minister Jaishankar stated that these discussions are crucial, emphasizing that such agreements must be beneficial for both nations. He noted that the potential deal might boost bilateral trade to over $500 billion by 2030, encompassing a variety of goods. […]
USD/INR recovers ahead of India-US PMI data – FXStreet
The Indian rupee held firm on Thursday. Initial HSBC India PMI figures for May were mixed. Investors will be closely monitoring preliminary US PMI figures for May, due to be released on Thursday. The Indian Rupee (INR) recovered some lost ground on Thursday following mixed Indian Purchasing Managers’ Index (PMI) release. The HSBC Manufacturing PMI […]