Market on Fire! India-US Deal Sparks Massive Rally, Upper Circuits Hit Across 213 StocksMarket on Fire! India-US Deal Sparks Massive Rally, Upper Circuits Hit Across 213 Stocks

Introduction

Leading export-oriented sectors surged as 18 BSE stocks hit the 20% upper circuit after the Indo-US trade deal reduced tariffs from 25% to 18%.

Also Read: India-US trade pact sparks rally in marine stocks; Avanti Feeds, Apex Frozen jump up to 20%

Indo-US Trade Deal Sends Export Stocks Soaring

India-US Deal: Shares of India’s export-heavy companies zoomed on Tuesday after the long-awaited Indo-US trade deal slashed tariffs from 25% to 18%. This boosts prospects for textiles, seafood, and gems & jewellery sectors.

Garments and apparel stocks led the rally. Gokaldas Exports surged to ₹696.10, Indo Count Industries climbed to ₹286.90, and Kitex Garments hit ₹196.30, all locked in the 20% upper circuit.

Seafood exporters followed the trend. Avanti Feeds touched ₹960.80, Apex Frozen Foods rose to ₹351.01, and Waterbase jumped to ₹49.22 on the BSE.

Gems and jewellery also saw massive gains. Goldiam International rallied to ₹360.90, while other high-performing stocks like Garware Hi-Tech Films and Avalon Technologies touched 20% upper circuits.

Overall, 213 stocks hit upper circuits on the BSE by 1:08 PM. Notable gainers included Unimech Aerospace (+10%), IZMO (+10%), Ceinsys Tech (+5%), and Epack Prefab Technologies (+5%).

Also Read: India-US trade pact triggers sector reshuffle; here are key sectors in focus

Textiles emerge as the biggest beneficiaries. Indo Count, Gokaldas Exports, and Welspun Living derive 65-90% of revenue from the US. Lower tariffs restore competitiveness and improve margins.

Export-oriented sectors such as textiles, chemicals, pharmaceuticals, auto ancillaries, IT services, and seafood could see higher orders, better capacity utilisation, and stronger earnings outlook over time.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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