Indian Markets Rally on Modi-Trump Talks: Sensex Up 300, Rupee Strengthens

Indian equities opened higher on Friday, with the BSE Sensex gaining 300 points to trade at 76,438.99 and the NSE Nifty climbing to 23,096.45. The positive sentiment follows Prime Minister Modi's successful meeting with US President Trump, agreeing to double bilateral trade to $500 billion by 2030. The rupee strengthened against the dollar, trading at 86.88 per USD. Analysts expect the market to remain volatile due to ongoing US tariff discussions, but the overall outlook remains positive. Key stocks to watch include Vedanta, International Gemmological Institute, and Hindalco, which gained 2% on strong Q3 results.

 

Sources: India TV News, Times of India, Business Standard