Indian equities rose to two-month highs, with the Sensex closing at 82,380 and the Nifty at 25,239, led by auto stocks. Investors weighed fresh US–India trade talks and expectations of a Fed rate cut against persistent foreign outflows, as highlighted by Elara. The rupee firmed to ₹88.05/$, while gold briefly topped $3,700/oz. Demand effects from GST cuts remain uncertain.