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Buoyed By Resumption Of India – US Trade Deal Talks , Sensex Jumps 595 Points
Chief negotiators of India and the US have commenced talks on the proposed trade agreement to iron out issues in the wake of steep tariffs that have created uncertainties for exporters, an official .
Picture : ANI / X
Stock markets rebounded , with the benchmark Sensex climbing nearly 595 points, amid hopes of a positive outcome from the India-US trade talks.
The 30-share BSE Sensex jumped 594.95 points or 0.73 per cent to settle at 82,380.69.
During the day, it surged 657.74 points or 0.80 per cent to 82,443.48.
The 50-share NSE Nifty climbed 169.90 points or 0.68 per cent to 25,239.10.
Chief negotiators of India and the US have commenced talks on the proposed trade agreement to iron out issues in the wake of steep tariffs that have created uncertainties for exporters, an official .
A rally in Asian and US peers also instilled optimism in the domestic stock market ahead of this week’s US Federal Reserve policy meeting.
Among Sensex firms, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, Maruti, Bharti Airtel and Tata Steel were the major gainers.