India–US Deal: Stocks That May Stay Positive From Here

The India–US deal announced on 7 February is not just a headline event. Along with the Union Budget, it strengthens confidence in India’s manufacturing, defence, and export-led growth story. Markets may not rally sharply, but select stocks can continue to do well. Manufacturing & China+1 Theme As global companies reduce dependence on China, India stands to gain. Stocks like

, , and may benefit from higher outsourcing, localisation, and export orders. Capital Goods & Infrastructure Budget capex plus global confidence keeps this sector strong. Larsen & Toubro, ABB India, and Siemens India remain well placed due to infrastructure, power, and industrial spending. Defence & Strategic Manufacturing India–US strategic alignment supports defence production and exports. Hindustan Aeronautics, Bharat Electronics, and Bharat Forge can stay positive on strong order books and policy support. Pharma & IT – Stability Plays For stability during market consolidation: Pharma: , Dr Reddy’s Laboratories IT: TCS, Infosys Bottom Line The India–US deal is a long-term positive signal, not a one-day trade. Stocks linked to manufacturing, capex, defence, and exports are better placed to stay positive from here, especially on market dips.