The Economic Times

Chemical stocks surge up to 19% on US-India trade deal. Why brokerages see Aarti, UPL, 2 more stocks as top beneficiaries

Chemical stocks surged as the US-India trade deal lowered export tariffs to 18%, boosting margins, volumes and competitiveness. Brokerages cite operating leverage, China-plus-one benefits and rupee strength as key drivers supporting a sharp sector-wide rally.