Shares of textile manufacturers, liquor companies and marine exporters surged in early trade on Thursday after reports indicated that India and the United Kingdom have agreed to implement their Free Trade Agreement (FTA) from July 15, raising expectations of stronger trade flows and improved competitiveness for several export-oriented sectors.
Investor sentiment was buoyed by the prospect of lower import duties and enhanced market access under the trade pact, which is expected to benefit companies across textiles, footwear, marine exports and alcoholic beverages.
According to SBI Securities, lower import duties under the agreement are positive for multiple sectors.
It expects liquor, textile, footwear and marine export companies to benefit from the India-UK FTA through improved margins, enhanced export competitiveness, better realizations and stronger demand.
Rally in export-oriented sectors
Among liquor stocks, Radico Khaitan jumped 4.55 per cent to ₹3,735, while United Spirits gained to ₹1,367.60 in early trade. Shares of Allied Blenders and Distillers also advanced 2.6 per cent to ₹646.80 on the NSE.
Textile stocks witnessed strong buying interest, with Gokaldas Exports emerging as the top gainer in the segment, rising 5.6 per cent to ₹771. Shares of Trident, Arvind Ltd and Vardhman Textiles gained between 1 per cent and 3 per cent.
Marine export companies also attracted investor attention. Avanti Feeds climbed 3.5 per cent to ₹1,018.90, while Apex Frozen Foods rose 4 per cent to ₹433.80.
The India-UK FTA is expected to strengthen bilateral trade ties and create new growth opportunities for Indian exporters by improving market access and enhancing pricing competitiveness across key sectors.
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Published on June 18, 2026