India's index futures market saw robust gains in early March trading as GIFT Nifty climbed 2%, riding on the momentum from the prior session's 4.1% surge. The rally was fueled by a newly finalized trade agreement between India and the US, which reduced America's reciprocal tariff on Indian goods from 25% to 18%—a significant policy shift that bolstered investor sentiment in equity index futures across the region.
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India's index futures market saw robust gains in early March trading as GIFT Nifty climbed 2%, riding on the momentum from the prior session's 4.1% surge. The rally was fueled by a newly finalized trade agreement between India and the US, which reduced America's reciprocal tariff on Indian goods from 25% to 18%—a significant policy shift that bolstered investor sentiment in equity index futures across the region.