India–US Trade Deal Sparks Massive Market Rally | Amit Goel Explains

In Business Today's market update, anchor Shailendra Bhatnagar highlights the explosive rally on D-Street following the overnight India-US trade deal announcement. Nifty surges 675 points, Bank Nifty +1,500; realty and auto sectors gain 3-5%+, with broad advances and strong volume. Guest Amit Goel (Co-founder, Pace360 PMS), previously cautious on equities, shifts bullish short-term. He calls the US deal (tariffs down to 18%) + recent EU FTA major tailwinds, ending 18-month underperformance vs. Korea, China, Japan. Combined with GST relief benefits flowing into Q4, he sees a "sweet spot" rally through April/May, with mean reversion favoring India. Strategy: Currently 20% equity; plans to add to 40-50% on dips till mid-March (Nifty Next 50, private banks, defense, select export plays like seafood/textiles, chemicals/pharma). Favors large caps over mid/small caps. Avoids overvalued micro/small caps and commodities after precious metals bubble peak (expects gold/silver relief rally to $52-54k/$100). Long-term outlook cautious (US recession risk), but tactical bullish now.