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D-Street eyes boost as trade deal nears; here’s what Anil Singhvi says on US-India talks

Published on 30/04/2025 03:44 PM

India’s burgeoning trade relationship with the US is poised to take a major leap forward, as the two nations inch closer to a significant trade deal. Market expert Anil Singhvi shared his views on the implications of the US-India trade deal for Dalal Street and the Indian market.

In a recent statement, US President Donald Trump expressed confidence that a trade deal with India is "almost ready." He highlighted that discussions have been easier with India, which has contributed to the swift progress of negotiations. This sentiment was echoed by Prime Minister Narendra Modi during his visit to the US, where he expressed hope that both countries would soon finalize the deal.

Also Read: 'Easier to negotiate with India, trade talks moving smoothly,' says US Treasury Secretary Scott Bessent

Singhvi sees this trade deal as a game-changer for Dalal Street, particularly for the Indian stock market. He emphasized that the completion of the deal will mark India as the first nation to secure a tariff deal with the US, a milestone that he believes will have positive repercussions for the Indian market in both the short and long term.

In the short term, the deal is expected to bring clarity and remove uncertainty, which has been one of the significant challenges facing the market. "The removal of this uncertainty will definitely boost investor confidence, triggering a positive reaction in Dalal Street," Singhvi stated.

Looking ahead, Singhvi sees India positioning itself as America's preferred business partner. The agreement could pave the way for more business collaborations, offering India substantial advantages. "In the long term, the trade deal will enhance India's standing as a crucial global economic player," Singhvi remarked.

Singhvi commended India’s diplomatic handling of the situation, noting that the country's approach to negotiations has been "the best possible." He believes that India’s deft maneuvering in dealing with the US has laid the foundation for a strong bilateral relationship.

With these developments, Dalal Street can expect to see a boost in market sentiment, as both short-term clarity and long-term benefits are on the horizon.

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