New Delhi, Feb. 3 -- India-US trade deal is expected to provide a significant boost to Indian equities, with foreign portfolio investor (FPI) equity outflows likely to reverse and several key sectors poised to benefit, noted a report by Antique Stock Broking.

The report says, the deal removes a major overhang for Indian markets that has persisted over the last 15 months.

The report noted, "This development is significantly positive for Indian equities as FPI equity outflow of USD 34 bn since Oct-24, the highest among EMs, may reverse as the US accounts for ~41% of FPI AUC and valuation premium relative to other EMs and DMs are near the long-term average>"

With the US accounting for around 41 per cent of total FPI assets under custody i...