India-U.S. Trade Deal Nears Clarity: What It Means For Export-Oriented Sectors

Markets are closely tracking fresh signals on the India-U.S. trade deal, with Commerce Minister Piyush Goyal indicating that negotiations are making progress. The deal has remained a key overhang for markets and export-oriented sectors. Mayuresh Joshi, Head, Equity Research, William O'Neil India, shares his view on what the latest developments could mean for exporters, trade deficit and medium-to-long-term market trends. He also highlights how other trade agreements, including the India-New Zealand FTA, could support export-oriented sectors and why markets may already be pricing in some of the expected benefits.