India-US trade deal, Oct. 22 -- After a gruelling few months, the Indian stock market has found its mojo back. And with the possibility of an India-US trade deal looming, analysts believe the "sky is the limit" for the Indian stock market.

A report in Mint today stated that New Delhi and Washington are closing in on a long-pending trade deal that could result in tariffs on India being lowered to 15-16% from a massive 50%.

The deal, as per the report, is set to be announced at the ASEAN Summit later this month between US President Donald Trump and Indian Prime Minister Narendra Modi.

The US now appears ready for a deal with India, especially driven by China's hardening stance, as per some experts cited in the report. China's tighter con...