India-UK FTA Lifts Textile, Leather, Pharma Stocks

Mirza Int'l zooms nearly 9%; sectors like food processing, auto and gems & jewellery are also expected to benefit from FTA, say experts

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Shares of leather, pharma and textiles companies were in the limelight on Friday after India and the UK signed a landmark free trade agreement. The deal, which comes days ahead of the US moratorium on higher tariffs coming to an end, aims to double the $56 billion trade between the world's fifth and sixth largest economies by 2030.