New Delhi, Feb. 9 -- Export-focused textile stocks like Gokaldas Exports, Welspun Living, and KPR Mills, which have been in a steady uptrend since the trade deal announcement last week, extended their bull run on Monday, February 9, after the confirmation of an interim India-US trade pact.

Textile exports to the US now attract a lowered tariff of 18%, thereby increasing their competitiveness vis-a-vis Asian peers.

Gokaldas Exports share price led the pack, gaining as much as 5.60% to Rs.826.25 apiece. Vardhman Textiles, Welspun Living and KPR Mills shares rallied 3%. Other textile stocks like Trident also rose nearly 2% to Rs.28.21 in trade today.

In a week alone, textile stocks have zoomed up to 40% amid trade deal optimism. Gokaldas ...