India-US trade deal, Feb. 3 -- After a long wait, the most-awaited India-US trade deal finally sees the light on Monday. The US President Donald Trump made an announcement in this regard, waiving the raciprocal 25% tariffs on India for buying crude oil from Russia and reducing the tariffs from 25% to 18%. This means Trump's tariffs on India will come down from 50% to 18% after the implementation of the India-US trade deal.
According to stock market experts, this is a big development for the Indian economy and markets. They said that the stock market reflects the national economy and would discount the benefits first. So, we may see a gap-up opening on Tuesday, and the Nifty 50 index may soon break above the 25,500 hurdle. They also advis...
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