Live Q&A: The Winners and Losers in Trump’s Surprise India Trade Deal

Donald Trump’s surprise trade deal with India has triggered a relief rally for the Indian rupee and exporters, while offering a reprieve for conglomerates like the Adani and Ambani groups. But as markets cheer the reset in fractured ties, question remain: What did Prime Minister Narendra Modi give away to secure the deal? Join Bloomberg's Laura Davison, Shruti Srivastava, Alex Gabriel Simon, Rakesh Sharma as they break down the scorecard of winners and losers, analyzing the boost for Indian stocks, the confusion facing refiners over Russian oil and the geopolitical price New Delhi might pay. Tune in on February 5, 2026 at 2:30 p.m. IST | 5 p.m. HKT | 4 a.m. ET. While anyone can listen, Bloomberg digital subscribers and Terminal clients have the exclusive opportunity to ask our team questions to answer in real time. This conversation will be recorded and made available.