The main indices on Dalal Street surged on Thursday, with the Sensex climbing 760.80 points to 85,187.14 and the Nifty50 rising 218.50 points to 26,087.10 around 9:40 am, slowly inching closer to its all-time high.
The move extends the ongoing festive rally and reflects growing optimism among investors.
The rally comes amid reports that India and the United States are nearing a long-awaited trade deal, which could see U.S. tariffs on Indian exports cut from 50% to around 15–16%.
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The proposed agreement reportedly focuses on energy and agriculture and may also involve India
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