New Delhi, Sept. 10 -- US President Donald Trump's latest update on India-US trade negotiations is expected to influence Indian stock market sentiment, as US tariffs on Indian goods have been one of the key reasons behind the subdued performance of Indian equities in recent months.

On Tuesday (US local time), Trump said that India and the US "are continuing negotiations to address the trade barriers between the two nations," a statement that indicates a thaw in strained relations between New Delhi and Washington after the US President imposed a 50% tariff on Indian goods as punishment for New Delhi's purchase of Russian oil.

Trump posted an update on India-US trade talks on Truth Social: "I look forward to speaking with my very good fri...