Indian rupee records biggest one-day gain in seven years after Trump trade deal

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The Indian rupee has seen its biggest one-day gain in seven years following a trade deal between the US and India, with stocks also rising in the first trading session after the US pledged to lower India's tariffs to 18%.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Stocks also rise in first trading session as US pledges to lower country’s tariffs to 18% following oil agreement

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Original article published by Financial Times on February 3, 2026.
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