India-EU trade deal, Jan. 25 -- India and the European Union are still ironing out the finer points of a trade deal just days before European leaders are set to arrive in India for the 16th EU-India Summit.

The summit, scheduled for January 27, will focus on a long-pending Free Trade Agreement that has been under discussion for over two decades and remains challenging to conclude due to sensitivities surrounding agriculture, carbon border levies, services, and non-tariff barriers.

Market participants and investors are likely to closely monitor developments around the India-EU trade deal in the coming week, as it is expected to play a crucial role in shaping the direction of the Indian stock market.

On Friday, the Indian benchmark indic...