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DMS-1172 Stock Market News
Original: DMS -1172 Stock Market News | #dailymoneyshow
Takeaway
India-US trade deal could halve tariffs to 15%; specialty fertilizer Indian stocks benefit from China's export suspension.
Summary
- Market: Sensex +130 to 84,556; Nifty +22 to 25,891; midcap flat, smallcap -0.25%, Bank Nifty flat — most investor portfolios closed negative as midcap/smallcap underperformed
- India-US trade deal expected end of month; if signed, US 50% tariffs on India may drop to 15% (Mint report); IT sector rallied on H1B visa clarification from Trump
- Crude oil prices jumped 6% intraday triggering profit-booking in second half due to higher import bill impact
- Amazon reportedly replacing 5 lakh jobs (likely via AI) — discussion on skill upgrading
- China suspended all urea and specialty fertilizer (like AdBlue, technical mono-ammonium phosphate) exports globally from October 15 for ~6 months; Indian specialty fertilizer stocks expected to rise 10-15%+
market newstrade dealfertilizers
Original description
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