Both the Nifty and the Sensex began the trading day on a firm note by gaining 0.7 percent. The Nifty gained 150 points and opened at 23,016.00, and the Sensex gained 550 points and opened at 74,337.93. All sectoral indices gained in early trade. The Indian rupee opened at 94.78 to the dollar versus Monday's close of 94.93 to the dollar.
\n\nExperts believe investors are optimistic on India-US trade deal hopes after US Secretary of State Marco Rubio and US President Donald Trump's statements. US President Donald Trump said India and the United States were close to finalising a trade deal, adding that the agreement would be different from previous pacts. Speaking to reporters at the Oval Office, Trump expressed confidence that the two countries would reach an agreement. "They want to make a deal. We're going to make a deal. Pretty close, yeah," Trump said in response to a question. "It’s going to be a much different kind of deal than we've done," the US President added, without providing details about how the proposed agreement would differ from earlier trade deals.
\n\nCrude oil prices remained near 5-month highs, with Brent Crude at 110 dollars per barrel (at the time…
Original source: https://www.timesnownews.com/lifestyle
