Indian shares rose notably on Wednesday, extending gains from the previous session after the announcement of a free trade agreement (FTA) between India and the European Union (EU).
The historic trade deal boosted hopes of an economic boost for India's export sectors, particularly in labor-intensive sectors such as textiles, apparel, leather, footwear, marine products, gems and jewelry, handicrafts, engineering goods, and automobiles.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.