India equity benchmarks track Asian peers higher after US-Japan deal
However, the prevailing uncertainty over India-US interim trade deal ahead of President Donald Trump's August 1 deadline limited gains in the Indian market.
The Nifty 50 rose 0.22 per cent to 25,122.75 points and the BSE Sensex added 0.30 per cent to 82,430.50 as of 9:15am IST.
All the major sectoral indexes logged gains. The broader small-caps and mid-caps traded flat.
Japanese shares led the rally in Asian equities on Wednesday following the trade deal announcement. MSCI's broadest index for Asia-Pacific stocks outside Japan also advanced 0.7 per cent.
The prospects of an interim trade deal between India and the US before Washington's August 1 deadline have dimmed, with talks deadlocked over tariff cuts on key agricultural and dairy products, Reuters reported, citing two Indian government sources.
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