Indian Textile Stocks Shine Amid Global Trade Tensions
Updated: 08 Jul 2025, 12:18 PM IST
Indian textile stocks are gaining attention in the stock market amidst global trade tensions. Alok Industries saw a significant increase in share price, driven by optimism in the sector. With new tariffs on Bangladesh, India could expand its textile exports to Western countries.
Indian Textile Stocks in Focus
Indian stock market traded in a narrow range amidst uncertainty over the India-US trade deal and global trade tensions on Tuesday, July 8. Textile stocks, however, managed to attract attention with most trading higher. Alok Industries, a leading textile manufacturer, saw its share price soar to a 7-month high of ₹23.20, as optimism around the sector improved.