Indian stock market expected to rally as trade tensions ease and U.S.-China make progress

From Nasdaq: 2025-05-11 22:34:00

Indian shares are expected to open higher as tensions between India and Pakistan ease, and positive signals emerge from U.S.-China trade talks. Both countries have agreed to a mutual ceasefire, with a DGMO-level talk scheduled later today. In Switzerland, the U.S. and China made progress in trade discussions, with Treasury Secretary Bessent noting substantial progress. Ukrainian President Zelenskyy hopes for a ceasefire with Russia. Swiggy, Dr. Reddy’s Laboratories, and others have reported earnings. Sumitomo Mitsui Banking Corporation is set to acquire a 20% stake in YES Bank. Pharma stocks may be affected by Trump’s promise to lower prescription drug costs. Asian markets are up, with Hang Seng on an 8-day rise. U.S. stocks closed mixed on Friday, while European markets rose amid trade tension relief.



Read more at Nasdaq: Sensex, Nifty Set To Rally As Trade, Geopolitical Tensions Ease