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IndiaUS trade deal may unlock next market rally as midcaps, smallcaps stay under pressure: Ambareesh Baliga

Independent market analyst Ambareesh Baliga says the upcoming IndiaUS trade deal could be the key trigger to push markets beyond all-time highs and revive beaten-down midcaps and smallcaps. He remains bullish on autosespecially Maruti, Hero MotoCorp and TVSand sees a realty rebound led by Navi Mumbai, favouring Godrej Properties and Arihant Superstructures as sales momentum strengthens.