Sensex jumps 1,200 pts as Trump claims India will cut tariffs
Domestic stock markets closed sharply higher on Thursday after US President Donald Trump claimed that India has agreed to reduce tariffs to zero on a range of American goods as part of the bilateral trade deal. The announcement lifted investor sentiment. The Sensex surged by 1,200.18 points, or 1.48%, to end the day at 82,530.74.