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Mkts extend winning run on trade deal optimism
Business Standard
|November 13, 2025
Expectations of a US Fed rate cut also boost investor confidence
Indian equity benchmarks extended their winning streak for a third session on Wednesday. Thiswasdriven by optimism over a potential US-India trade deal and heightened expectations of a US Federal Reserve (Fed) rate cut next month.
The Sensex ended 585 points, or 0.7 percent, higherat 84,467, while the Nifty advanced 181 points, or 0.7 per cent, to 25,876. The combined market capitalisation (meap) of BSE-listed firms rose by %4.75 trillion to %474 trillion.
Equities have been gaining steadily since October, supported by strong corporate earnings. It is also on hopes that the proposed trade agreement could sharply reduce tariffs — from about 50 per cent to 15~16 per cent — on select goods, between the two countries. Technology stocks led Wednesday’s rally, with the Nifty IT index climbing 2percent, taking itsthree-day gain to 5 percent.
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