US-India Trade Deal on the Brink! Trump Confirms 'Fair Deal' Nears, Fueling Stock Surge Hopes

United States President Donald Trump revealed that the US and India are nearing a new trade deal, which he described as 'fair to both countries.' Trump stated, 'We're working on a deal with India, a very different one from before... We're getting a fair deal. They negotiate well... I think we're close to something that works for everyone.' Earlier reports indicated that the US might significantly lower its existing 50% tariff rate on Indian products to around 15-16%. Analysts believe this potential tariff reduction could be a major boon for Indian export companies. Sectors expected to benefit include Information Technology, textiles, shrimps, and gems & jewellery. The article highlights five specific stocks that could see upward movement: HCL Technologies (potential 20.5% upside to ₹1,860), Avanti Feeds (potential 19.1% upside to ₹843), Apex Frozen Foods (potential 13.4% upside to ₹275), Gokaldas Exports (potential 26% upside to ₹1,100), and Rajesh Exports (potential 19% upside to ₹210). These stock recommendations are based on technical chart analysis, including support and resistance levels, and moving averages.

Impact This news is highly significant for the Indian stock market, particularly for companies heavily involved in exports to the US. A favorable trade deal and reduced tariffs can boost corporate earnings, improve trade balances, and increase investor confidence, potentially leading to rallies in the identified sectors and stocks. Rating: 8/10.

Difficult Terms Tariff: A tax imposed by a government on imported or exported goods. In this context, it refers to the tax the US might impose on goods coming from India. 200-Day Moving Average (200-DMA): A technical analysis indicator that represents the average closing price of a security over the past 200 trading days. It is used to gauge long-term price trends. A stock trading near its 200-DMA can indicate potential support or resistance. Momentum Oscillators: Technical indicators that measure the speed and strength of a stock's price changes, helping to identify overbought or oversold conditions. Support: A price level at which a declining stock price tends to stop falling and may reverse direction. Resistance: A price level at which a rising stock price tends to stop advancing and may reverse direction. Oversold Territory: A condition in technical analysis where a stock's price has fallen too far, too fast, suggesting it may be due for a rebound.