** Indian textile stocks fall between 2.8% and 7%

** Stocks fall after Bangladesh, U.S. sign trade deal that exempts some textile and apparel exports from tariffs if they use American cotton or man-made fibres

** Garment producer Gokaldas Exports GOKL.NS down 7%

** Home textiles producer Welspun Living WLSP.NS down 6%, Arvind ARVN.NS falls 5.2%, while Vardhman textiles VART.NS drops 4.7%

** Trident TRIE.NS, Indo Count Industries ICNT.NS down about 3% each; KPR Mill KPRM.NS sheds 2.8%

** "Investors appear to be reacting to some of the tariff exemptions given to Bangladesh. However, details remain scant and we may not see a material impact for India's large textile players," says Prerna Jhunjhunwala, VP - Lead - Textiles and Retail Sector at Elara Capital

** As of Monday, textile stocks rose between 10% and 45% from February 2, when India-U.S. trade deal was announced