Dalal Street Rides High on US Trade Deal Hopes
Indian stock markets staged a remarkable turnaround on Tuesday, July 8, 2025, ending the day slightly in the green. Early losses were swiftly reversed, driven by optimism surrounding a potential landmark trade agreement between India and the United States.
Positive sentiment was further fueled by robust gains in Asian markets and a continued influx of foreign funds. This inflow signals growing international confidence in the Indian economy.
However, the positive trend in India contrasted with a downturn in US markets. Oil prices also saw a marginal dip, adding a layer of complexity to the global economic picture.
The potential US-India trade deal is a crucial factor for India’s economic growth. Its successful conclusion could unlock significant opportunities for Indian businesses and boost foreign investment, impacting millions across various sectors.