22/4/2025, 10:56:03 am

India has best chance for US deal, yet markets aren’t out of the woods

Nomura's Chetan Seth notes India is better positioned than most Asian economies for a US trade deal due to low trade exposure to the US and China. India has the highest odds of sealing a trade agreement by July on Polymarket. However, Seth cautions that Indian stocks remain vulnerable due to high valuations and potential US market impact.