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Indias recent trade agreements signal a strategic shift toward competitiveness-led global integration. By improving tariff parity and market access with major economies, India is strengthening export visibility, funding its current account deficit sustainably, and positioning itself as a key participant in global manufacturing and services supply chains.
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On the other hand, geopolitical risks are still high. Global risk indicators continue to show heightened concerns around interstate tensions and geoeconomic confrontation through 2026. Such uncertainty can keep volatility high in commodity marketseven if spot prices are taking a breather.
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The index is attempting to fill last weeks downside gap, and the crucial support at the 200-DMA near 25,300 is likely to be tested in the near term, Jain added.
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News and Media
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