India’s equity benchmarks are set to open sharply higher near record highs on Tuesday, as the India–U.S. trade deal removes a major overhang for markets that have underperformed Asian and emerging market peers over the past year. Gift Nifty futures were trading at 26,190 points, as of 8:26 a.m. IST, indicating the benchmark Nifty 50 index will open about 4.5% above Monday’s close of 25,088.4. The Gift Nifty levels also indicate the Nifty ascending towards the record high of 26,373.20 hit in January. US President Donald Trump on Monday announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange of India halting Russian oil purchases and lowering trade barriers. The key tail risk of India’s geopolitical isolation about which investors were concerned has now been adequately addressed by the back-to-back deals with EU and U.S., Citi Research said in a note. Analysts expect the overhang on Indian markets in terms of foreign outflows will be removed after the trade deal with the US.

The India-EU Free Trade Agreement, sealed on Jan 27, 2026, promises a significant boost for Indian exporters. This pact eliminates high tariffs, creating zero-tariff access to the EU market. Textile and seafood sectors are poised for major gains. We analyze three key Indian stocks—Gokaldas Exports, KPR Mill, and Apex Frozen Foods—expected to thrive from increased margins and export growth under this landmark deal.

Indian markets ended higher as buying in financials, IT and metals offset weakness in auto and FMCG stocks. Adani Enterprises, Axis Bank, BPCL and Apex Frozen Foods gained, while Asian Paints, auto stocks and Sula Vineyards declined.

Shares of Indian textile and shrimp companies surged following the conclusion of a free trade agreement with the European Union. This pact, a result of 18 years of negotiations, is expected to boost bilateral trade. Additionally, renewed optimism for an India-US trade deal emerged after US President Donald Trump's positive remarks. These developments signal potential growth for export-focused sectors.

Indian share benchmarks rose on Thursday, tracking a rebound in global equities after U.S. President Donald Trump walked back on threats to impose tariffs on European countries and ruled out the use of force to seize Greenland. The Nifty 50 rose 0.53% to 25,289.90, while the BSE Sensex added 0.49% to 82,307.37. Fifteen of the 16 major sectors logged gains. The broader small-caps and mid-caps rose about 0.8% and 1.3%, respectively. The MSCI’s broader index for Asia Pacific stocks outside Japan gained 0.9%. “Sentiment improved following U.S. President Donald Trump’s withdrawal of tariff threats against the European Union and his optimistic remarks on a potential India-U.S. trade deal, which encouraged short-covering and risk-taking,” said Gaurav Garg, analyst at Lemonn Markets Desk. A report by Moneycontrol quoted Trump saying on the sidelines of the World Economic Forum in Davos that the U.S. is “going to have a good deal (with India)”. Textile exporters such as Trident, Vardhman Textiles , Gokaldas Exports, and shrimp exporters Apex Frozen Foods, Coastal Corporation and Avanti Feeds jumped on optimism over New Delhi’s potential deals with the U.S. and EU.

EU’s approval of additional Indian fishery units is expected to lift seafood exports by nearly 20%, offering a cushion against US tariffs.

Retail sentiment turned bullish as Trump and Modi expressed confidence in resolving trade differences.

Shares of top Indian shrimp exporters fell up to 5% after U.S. President Trump raised tariffs on Indian goods to 50%, targeting sectors like seafood. Avanti Feeds, Apex Frozen Foods, and Waterbase Ltd were hit hardest as investors reacted to rising trade tensions over India’s oil trade with Russia.

Avanti Feeds, Apex Frozen Foods, and Waterbase Ltd witnessed steep declines as investors priced in concerns over a potential impact on exports. Avanti Feeds tumbled 6.6% to Rs 645, Apex Frozen Foods slipped 6.5% to Rs 225.05, and Waterbase fell 4.5% to Rs 49.16.