Markets zoom after Trump remarks; Nifty settles above 25K after 7 months

Indian stock markets experienced a significant rally, with key indices surging following indications from a prominent political figure in the United States regarding the potential for zero-tariff trade deals between the US and India. The benchmark Sensex index gained a substantial 850 points, with export-oriented sectors leading the gains as investors anticipated potentially improved trade terms that could boost the competitiveness of Indian exports in the US market. This market optimism reflects the sensitivity of Indian equities to developments in international trade relations and the potential for significant economic benefits from closer trade ties with major economies.