Sensex rises 200 points, Nifty tops 25,500 tracking Asian gains amid trade deals
Asian markets
following a US–Vietnam trade deal, as investors await progress on a potential US–India agreement.
The
BSE Sensex
rose 225 points, or 0.27%, to 83,635, while the
Nifty50
gained 48 points, or 0.19%, to trade at 25,500 around 9:17 am.
The U.S. will place a 20% tariff on many Vietnamese exports, President Donald Trump said on Wednesday, announcing a deal just days ahead of a July 9 deadline before he ramps up tariffs on most imports.
Meanwhile, US and Indian trade negotiators continued talks to finalise a tariff-reducing agreement, though key differences over dairy and agricultural products remained unresolved, Reuters reported, citing sources.
From the Sensex pack, Asian Paints, Eternal, Infosys, Tata Steel, Power Grid, and ICICI Bank opened with gains, rising up to 1.7%. On the other hand, Kotak Mahindra Bank, Bajaj Finance, BEL, and Trent traded in the red.
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Among sectors,
Nifty
Auto, IT, and Metal were the top gainers, rising between 0.3% and 0.7%. In contrast, PSU Bank, Realty, and Financial Services opened lower.
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