Indian stock market, Oct. 22 -- As the Indian benchmark indices are set to reopen for a full trading session on Thursday, 23 October 2025, following the Diwali 2025 Muhurat Trading session and the Diwali Balipratipada holiday, there is a strong possibility of a massive upside for the market.

The early signs of a potential surge were visible, with the Gift Nifty contracts surging nearly 1.5%, as investors focused on the India-US closing in on the potential bilateral trade deal.

Mint reported earlier that as both nations progress on the trade negotiations, the long-awaited trade deal can cut Trump tariffs on all Indian goods imports down to 15-16%, compared to their current level of 50%.

The Gift Nifty futures jumped by 385 points or 1.4...