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Tariff exemption suddenly appears, Indian textile stocks' rally comes to an abrupt halt

Tariff exemption suddenly appears, Indian textile stocks' rally comes to an abrupt halt

汇通财经汇通财经2026/02/10 09:36
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⑵ The immediate cause of this decline is that Bangladesh has signed a trade agreement, which exempts certain tariffs on the export of textiles and garments made from cotton or man-made fibers. ⑸ Some institutional analysts have pointed out that investors seem to be reacting to the tariff exemption obtained by Bangladesh, but details of the agreement remain scarce, and the actual impact on large Indian textile enterprises may be limited. ⑹ It is worth noting that prior to Monday, since the announcement of the trade agreement between India and Bangladesh on February 2, textile stocks had surged by 10% to 45%. ⑺ This decline reveals the immediate impact of changes in trade policy details on market sentiment, as well as the pressure of profit-taking and re-evaluation of the competitive landscape faced by the relevant sectors after short-term positive news is realized.
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