**GLOBAL MARKET BRIEF: TRADE DEAL IGNITES RALLY** **Global Equities Surge on Historic US-India Pact** Markets witnessed a massive relief rally Tuesday following the announcement of a landmark **US-India trade deal**. US President Donald Trump and PM Narendra Modi agreed to slash reciprocal tariffs on Indian exports from **50% to 18%**, removing a major overhang for emerging markets. * **Sensex:** Skyrocketed over **2,300 points** (+2.8%) to breach the **83,900** mark. * **Nifty 50:** Reclaimed **25,800**, led by export-heavy sectors. * **US Indices:** The Dow Jones Industrial Average jumped **515 points** (+1.05%) to **49,407**, while the S&P 500 rose **0.54%** to **6,976**. **Sector & Currency Impact** The tariff cut sparked a buying frenzy in **Banking, IT, and Textiles**, with stocks like **Adani Enterprises** (+11%) and **Bajaj Finance** (+6%) posting sharp gains. * **Rupee:** Staged a strong recovery, appreciating **~1%** to trade at **90.30** against the dollar. * **Commodities:** Gold prices saw a dramatic reversal, spiking **5.6%** to **$4,920** globally, reclaiming the **₹1.53 Lakh** level in India. Silver surged over **10%**. **Crypto Market Decouples** While equities boomed, digital assets faced selling pressure as capital rotated back into traditional risk assets. * **Bitcoin:** Dipped below **$77,000**, extending recent volatility. * **Ethereum:** Tumbled over **6%**, reflecting a temporary "risk-off" sentiment in the crypto space. **Key Economic Watchlist** Investors are now focused on the upcoming **RBI Interest Rate Decision** this Friday. Strong manufacturing PMI data (**55.4**) continues to signal robust economic expansion despite global headwinds. **Video: India-US Trade Deal Impact** [India-US Trade Deal Impact: Which Sectors and Stocks Will Benefit Most?](https://www.youtube.com/watch?v=fZX3OQFuTe4) This video provides an expert analysis of the specific sectors and stocks likely to gain the most from the new tariff reductions. http://googleusercontent.com/youtube_content/0