New Delhi : Shares of Indian textile and shrimp exporters surged on Wednesday following US President Donald Trump's comments on a potential trade deal with India, raising investor expectations for reduced tariffs on domestic exports.

Export-oriented shrimp and textile stocks receive a major chunk of their revenue from the American market. President Trump's comments at the APEC CEO Summit Luncheon in Gyeongju, South Korea, where he lauded Prime Minister Narendra Modi, adding that he is going to "do a trade deal with India". US President Trump praised Modi, calling him “the nicest-looking guy” and “tough as hell.” Read Also Three Big IPOs Next Week, Over ₹1,750 Crore Up For Grabs Across Consumer, Textile & Logistics...

The shares of these export-orientated companies had significantly d

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