Rs 13 lakh crore boom! Sensex surges 3,500 pts, Nifty soars nearly 5%. India-US trade deal among top factors behind rally

Indian benchmark indices Nifty and Sensex surged significantly following a long-awaited trade deal between India and the US. The agreement, which includes reduced reciprocal tariffs, has eased concerns that had impacted the market. A strengthening rupee further supported domestic assets, boosting investor sentiment and market capitalization.