Textile Stocks Rally on Hopes of Improved India–US Trade Relations

Textile shares surged on October 10 after Prime Minister Narendra Modi said he had spoken with US President Donald Trump, noting “good progress” in ongoing trade negotiations. Hopes of further discussions leading to a potential trade deal boosted investor sentiment toward export-oriented textile companies. Raymond closed positive for the fourth consecutive session, while

gained 5.24% after rising nearly 8% intraday. jumped 6.93% following an 11.78% intraday surge. advanced 7.62%, and !PGIL crossed the ₹1,300 mark to close 2.65% higher. The optimism reflected renewed confidence in the sector’s export growth prospects amid improving trade outlook. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.