Stock Market Today LIVE: The Indian stock market is expected to see a rally on Tuesday, extending gains from previous session, after the US President Donald Trump announced a trade deal between the US and India, following his conversation with Prime Minister Narendra Modi. The trends on Gift Nifty also signal a massive gap-up opening for the frontline indices, Nifty 50 and Sensex today.
Gift Nifty was trading around 26,086 level, a premium of nearly 945 points from the Nifty futures’ previous close.
The announcement of the India-US trade deal lifted global risk sentiment, as the US will reduce its reciprocal tariffs on Indian goods to 18% from 25% and India will also reduce its tariffs and non-tariff barriers against the US to zero.
Global market cues remained positive as Asian markets rallied, and the US stock market ended higher overnight, led by technology stocks.
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