TEXTILE STOCKS IN FOCUS AS US LOWERS TARIFFS TO 18%

Textile stocks were amongst the worst hit stocks following the announcement of reciprocal tariffs and trade deals by the US, given their significant exposure to the US market. Most companies in the sector derive between 50% and 70% of their total revenue from the US. However, this has brought a sigh of releif to the sector as India and US have agreed on a trade deal under which US will bring down the reciprocal tariff on Indian goods to 18%. This move will benefit stocks like

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