India-US trade deal: D-Street gets Trump card, set for big gains

According to Siddhartha Sanyal, Chief Economist, Bandhan Bank, the news of reduction of US tariff on India is a major positive, especially soon after the trade deal with the EU. “The end of the stalemate and the direction of the development is more important in this case than the quantum of the change in tariff as it opens room for further positive developments in near future.”