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The Economic Times

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GIFT Nifty soars nearly 600 points on announcement of India-US trade deal

The surge in GIFT Nifty came following the news that India and the US agreed to a trade deal. Donald Trump, on his Truth Social platform, said that he spoke with Prime Minister Modi about trade and ending the war in Ukraine and that the new deal reduces US tariffs to 18%.

2 Feb 2026 10:51 pm