Indian Markets Surge on FTA Hopes: A Boost for Investors

Business Business

Posted by AI on 2026-01-28 11:56:08 | Last Updated by AI on 2026-02-05 04:23:12

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The Indian stock market witnessed a significant upswing on Wednesday, with the Sensex soaring 487 points and the Nifty flirting with the 25,350 mark. This surge was fueled by a wave of optimism among investors as the long-awaited India-EU Free Trade Agreement (FTA) appears to be nearing its conclusion.

The opening bell rang with a sense of anticipation, and the market responded with a robust performance. The Sensex, a barometer of the Bombay Stock Exchange, surged past the 50,000 mark, reflecting a 0.98% gain. Meanwhile, the Nifty, representing the National Stock Exchange, climbed 0.95% to 25,346.85, just shy of the 25,350 milestone. This rally was a welcome respite for investors after a period of cautious trading.

The Oil & Gas index emerged as the star performer, skyrocketing by 3%. This sector's impressive showing can be attributed to the potential implications of the FTA, which is expected to boost trade and investment between India and the EU. The agreement's focus on reducing tariffs and non-tariff barriers could significantly impact energy-related sectors, making it a key driver of investor confidence.

As the market closed, the buzz among analysts and investors was palpable. The FTA, a long-negotiated deal, is seen as a potential game-changer for India's economic landscape. With the agreement expected to enhance market access and reduce trade barriers, sectors like oil and gas, textiles, and agriculture are poised for growth. This optimism has injected a sense of enthusiasm into the market, with many anticipating a sustained rally as the FTA negotiations reach their culmination.

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