US Ambassador to India Sergio Gor said the long‑awaited trade talks with Washington will continue, sending a wave of optimism through export‑driven shares.
Ambassador’s remarks spark market bounce
Gor, who arrived in New Delhi on Monday, told reporters that both countries remain actively engaged and that the next discussion on the trade deal is scheduled for tomorrow. He added that President Trump may visit India within the next one to two years and highlighted the genuine friendship between Prime Minister Modi and Trump, noting that real friends can disagree but resolve differences.
Export‑oriented stocks that rose
- Avanti Feeds – climbed more than 2% to close at Rs 820.90, after a 5% intraday jump.
- Apex Frozen Foods – surged 8% intraday, ending at Rs 272.
- Costal Corp – rose around 2%.
- Gokaldas Exports – jumped 7% intraday to a high of Rs 648.5 before easing.
- KPR Mill – up 3% intraday.
- Pearl Global – also up 3% intraday.
Gokaldas Exports, which gets about 60% of its revenue from the United States, had fallen more than 34% in 2025 after earlier tariff threats.
Why it matters
The rise in these stocks shows how sensitive export‑focused companies are to any sign of progress in the India‑US trade negotiations. A smoother trade relationship could boost earnings for firms heavily dependent on U.S. demand.
Remember, this is my perspective, not a prediction. Do your own research and consider your risk tolerance before making any investment decisions.