The Indian textile sector witnessed a surge in market enthusiasm on September 16, with leading stocks such as KPR Mill, Trident, Raymond Lifestyle, Gokaldas Exports and Welspun Living recording sharp gains of up to 7 percent. Investor optimism was fuelled by rising expectations of progress in the much-anticipated trade discussions between India and the United States, scheduled later in the day.

KPR Mill led the rally, touching a day high of Rs 1,121 on the BSE, marking a gain of nearly 7 percent. Gokaldas Exports rose by 3.5 percent to Rs 786, while Trident moved up almost 3 percent to Rs 30.36. Raymond Lifestyle climbed 4 percent to Rs 1,350, and Welspun Living advanced more than 3 percent, reaching Rs 125.49.

The momentum comes amid a combination of domestic and global factors shaping market sentiment. The India UK Free Trade Agreement, under negotiation, has already brought confidence to textile players, while the reduction of GST on garments has provided additional relief to the sector. At the same time, exporters are actively seeking to diversify markets as Indian textiles continue to face challenges from US tariffs.

Analysts suggest that any breakthrough in India US talks could provide significant tailwinds to the textile industry, opening pathways for stronger bilateral trade and easing tariff-related constraints. With India positioning itself as a global textile hub, investors see this as a pivotal moment for the sector to reinforce its international competitiveness.