India, April 21 -- Indian shares rose sharply on Monday, extending strong gains from last week as the postponement of U.S. tariffs and newly announced exemptions on certain products sparked hopes for possible negotiations that might ease the strain on global trade.

U.S. Vice President JD Vance landed in Delhi today for his first official visit to India, during which he will hold talks with Prime Minister Narendra Modi as the government rushes to sign a trade deal under the shadow of tariffs.

Sentiment was buoyed after data showed foreign institutional investors (FIIs) have net bought shares worth nearly Rs. 15,000 crores over the last three trading sessions.

News of a normal monsoon this year and easing retail inflation also boosted hope...