Textile Stocks Jump as US Cuts Tariff to 15%; Trident Surges 7.6%, Welspun Gains 4%

Indian textile stocks moved higher on Monday after the US announced a new 15% tariff on imports from all countries. The decision came after the US Supreme Court struck down broader “reciprocal” tariffs earlier imposed by former US President Donald Trump.

Following the announcement, shares of Trident rose as much as 7.6%. Welspun Living gained 4.2%, while Alok Industries increased 4.1%. Arvind was also up 3.5% during intra-day trade.

So far in 2026, Welspun Living has gained 7.7%, while Trident is down 0.6% and Alok Industries has fallen 8.3%.

Earlier Duties Reduced from 25% to 18%, Now Cut to 15%

Earlier, a trade agreement between India and the US reduced reciprocal duties to 18% from 25%, after the US withdrew a separate 25% punitive tariff. That agreement followed Washington’s earlier decision to impose 50% tariffs on several Indian exports, including a 25% penalty linked to India’s purchase of Russian crude oil.

Now, the new 15% tariff effectively resets the interim US-India trade arrangement and offers some relief to Indian exporters.

Textile Sector Also Supported by Budget and EU Trade Deal

Textile stocks had already seen buying interest last month after Finance Minister Nirmala Sitharaman announced plans in the Union Budget to set up mega textile parks focused on technical textiles.

In addition, India recently signed a Free Trade Agreement (FTA) with the European Union after years of negotiations, which is expected to further boost export opportunities for the sector.

Read More: India’s Forex Reserves Rise by $8.66 Billion to Reach Record $725.7 Billion.

Conclusion

The reduction in US tariffs to 15% has lifted sentiment in textile stocks, with companies like Trident and Welspun Living posting strong gains. Lower duties can improve India’s export competitiveness, especially in the US market. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.