Indian shares advance on US rate cut, trade talk hopes

Sep 10, 2025, 13:07 GMT+7
(Reuters) -India's equity benchmarks Nifty 50and BSE Sensexrise about 0.5% in a broad-based rally led by information technology companies on signs of progress in trade talks with U.S. as well as hopes of a Fed rate cut
** Thirteen of the 16 major sectors advance; small-capsand mid-capsgain 0.8% each
** U.S. President Donald Trump says his administration is continuing negotiations to address trade barriers with India
** India's Prime Minister Narendra Modi says the two countries are working to conclude the negotiations at the earliest
** IT stockswhich earn a significant share of revenue from the U.S., climb 2.7%, also helped by firming U.S. rate cut hopes at next week's meeting
** Textile companies, auto part makers surge on trade deal hopes
** Seafood exporters jump after EU clears 102 additional Indian fishery establishments for exports to member countries

Sumber : Reuters