Nifty Nears 26,200… But the Bigger Story Is Beyond the Index...22-Dec-25

IT stocks stole the show once again, riding on Fed rate-cut expectations and a surge in Infosys ADRs. But while the index hit fresh highs, a major trade agreement quietly expanded India’s export runway.With zero-duty access into New Zealand now secured, several sectors could see long-term benefits.Sanket Bendre unpacks the signals behind today’s rally—and what could drive the next leg.