India-US trade deal: KPR Mill, other textile stocks in focus as interim agreement confirms reduced 18% tariff

Textile stocks are poised for a boost as India and the US finalize an interim trade deal, reducing tariffs on textile exports to 18%. This agreement alleviates a significant overhang for the sector, which heavily relies on the US market for revenue. The deal is expected to attract foreign investors and potentially trigger a market turnaround.